Turnover
≈ €3,800 estimated
The micro format states no turnover.
H EXCELLENCE
Lifetime
2 annual accounts with figures on one time axispeak €1,262 (2023)
€558
lowest -€342 (2023)
€323
peak €769 (2025)
€769
€368
Board1 name since 2023
1 directorHADDAD Hicham
Documentsfilings and deeds
13-08-202613 days late
2025micro format
No figures for the year before
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Position in the sector
67.6%
Higher solvency than 81% of companies in personal services. Sector median 26.9% · 5,754 companies.
2025 accounts filed 13 days after the deadline
Checked score
70
Healthy
Financially stronger than 86% of micro companies in personal services (NACE 96)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.8%▲ +0.6 percentage points vs 07-2025
09-2025: 2.1%▲ +0.3 percentage points vs 08-2025
10-2025: 3.3%▲ +1.2 percentage points vs 09-2025
11-2025: 3.3%● unchanged vs 10-2025
12-2025: 4.2%▲ +0.9 percentage points vs 11-2025
01-2026: 6.0%▲ +1.8 percentage points vs 12-2025
02-2026: 6.0%● unchanged vs 01-2026
03-2026: 6.2%▲ +0.2 percentage points vs 02-2026
04-2026: 5.7%▼ -0.5 percentage points vs 03-2026
05-2026: 5.7%● unchanged vs 04-2026
06-2026: 5.6%▼ -0.1 percentage points vs 05-2026
07-2026: 5.6%● unchanged vs 06-2026
08-2026: 7.1%▲ +1.5 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -6.2 percentage points vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €1,137
Last filed accounts filed 13 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.09, cash €418
Calculation
The band follows from the bankruptcy probability. 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). It does better than 81% of them on solvency, 84% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as H EXCELLENCE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of H EXCELLENCE itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for H EXCELLENCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
13 days late
2023
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 37 days after the deadline. In the sector (NACE 96), the median for financial year 2023 was on the deadline day, and 49% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802042817
Incorporation
Founding capital of €1,000, 100 shares · Founder: HADDAD Hicham · Appointment: HADDAD Hicham (director) · published on 26-05-2023 · Gazette deed
First establishment
Emile Bockstaellaan 367, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| H EXCELLENCE Brussels | €1,137 | €558 | 67.6% | - |
| MA.HYBO Sint-Gillis (bij-Brussel) | €1,222 | -€1,292 | -959.5% | - |
| CHILL BARBER's Vilvoorde | €1,071 | €362 | -623.5% | - |
| AL HORIZON TECH CO Antwerp | €1,076 | -€74 | -639.7% | - |
| SAJAREMAS Brussels | €1,672 | €843 | 94.0% | - |
| CAMYCOIF Wemmel | €942 | €1,336 | -1234.8% | - |
| K&A Assist Jodoigne | €1,617 | €220 | 75.3% | - |
These companies have the same main activity as H EXCELLENCE: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €942 and €1,670, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 24-05-2023Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Establishment unit
- 2.356.520.2751020 Brussels, since 24-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on H EXCELLENCE
H EXCELLENCE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €769 and a net result of €323.
Its solvency ranks better than 82% of 5,754 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about H EXCELLENCE
- What is the company number of H EXCELLENCE?
- The company number of H EXCELLENCE is 0802.042.817. The VAT number is the same number with BE in front: BE 0802.042.817.
- Where is H EXCELLENCE based?
- The registered office is at Emile Bockstaellaan 367, 1020 Brussels.Company details
- What does H EXCELLENCE do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of H EXCELLENCE?
- H EXCELLENCE is a private limited company (BV).
- When was H EXCELLENCE founded?
- H EXCELLENCE was founded on 24-05-2023.
- Is H EXCELLENCE still active?
- Yes, H EXCELLENCE is an active enterprise in the KBO register.
- What is the turnover of H EXCELLENCE?
- The turnover in financial year 2025 is ≈ €3,800. This figure is estimated from the gross margin of €558 and 94 comparable companies (NACE 96210). It probably lies between €2,200 and €7,100. It is a rough estimate.Financials
- Is H EXCELLENCE profitable?
- In financial year 2025, H EXCELLENCE made a profit of €323.
- Where can I find the annual accounts of H EXCELLENCE?
- H EXCELLENCE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of H EXCELLENCE due?
- H EXCELLENCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.