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T'HAIRAPY

Active
Public limited companyfounded 1985active for 41 yearsGaversesteenweg 821, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0427.092.186
Summary

T'HAIRAPY has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,552 and a net result of -€11,852. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 48% of 1,362 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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T'HAIRAPYActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Hairdressing and barber services
NACE 96210
3rd oldest company in Merelbeke-Melle, Other services sector1 site
Size
€155,234total assets 2025
Equity
€45,552
Loss
-€11,852
Turnover not published (abbreviated or micro format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts filed 46 days late2 of 5 deeds summarised
Why 84raises riskLast filed accounts filed 46 days late; 1 of the last 3 lateLoss of €11,852, the second in a row (financial year 2025)lowers riskFounded in 1985Size: total assets €155,234Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 96, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 54-43
equity 29.3% of total assets
Liquidity 38-42
short-term debt 40.7% · cash 6.1%
Profitability 9+9
return on assets -7.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,611 companies, NACE 96, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026highest value 05-2026: 0.2%▼ -0.3 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.93, compared with 2.26 in 2024, below 1; short-term debt: 40.7% and cash: 6.1% of total assets), and 70.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 52% on solvency, 30% on liquidity, 20% on profitability and 23% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €155,234
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 46 days late; 1 of the last 3 late
NBB · filings
raises risk · Loss of €11,852, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11,852
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
24 days early
2023
5 days early
2022
28 days early
2021
3 days early
2020
2 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Diane Verhesen (director) and Jan…Gazette deed
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: 3rd oldest company in Merelbeke-Melle, Other services sectorin the Checked rankings No. 3 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€11,852 View
  • Active since 1985founded 11-01-1985 41 years View

By topic

Financials

Financial year
2025
Total assets
€155,234
Loss
-€11,852
Solvency
29.3%
Total assets▲ 93.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
  • LAUWERS Aline Gerd LeonaManaging director
  • VAN VIJNCKT Thijs Benoni LutgartDirector
Go to Board & ownership

Timeline

Events
45
Since
1986
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 26-07-2024Annual accounts filed
  3. 09-04-2024Resignations: VAN VIJNCKT Thijs Benoni Lutgart (director)…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Hairdressing and barber servicesNACE 96210
Founded
11-01-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about T'HAIRAPY

What is the company number of T'HAIRAPY?
0427.092.186. In Belgium the VAT number is the company number with BE in front: BE 0427.092.186.
Where is T'HAIRAPY based?
The registered office is at Gaversesteenweg 821, 9820 Merelbeke-Melle.Company details
What does T'HAIRAPY do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of T'HAIRAPY?
Public limited company (NV).
When was T'HAIRAPY founded?
On 11-01-1985.
Is T'HAIRAPY still active?
Yes, T'HAIRAPY is an active enterprise in the KBO register.
How many employees does T'HAIRAPY have?
On average 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of T'HAIRAPY?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is T'HAIRAPY profitable?
In financial year 2025, T'HAIRAPY made a loss of €11,852.
Where can I find the annual accounts of T'HAIRAPY?
T'HAIRAPY filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of T'HAIRAPY due?
By 31-07-2027, for financial year 2026.Timeline

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