Equity
€1.9m ▲ 2.6%
HaCeCo-E paid out €229,000 in dividends. That is 83% of the 2026 profit.
HaCeCo-E
Lifetime
15 annual accounts with figures on one time axispeak €811,942 (2023)
€589,229▼ 12.0%
peak €479,823 (2023)
€277,337▼ 19.4%
peak €1.9m (2026)
€1.9m▲ 2.6%
€510,736▼ 2.3%
peak 5.1 FTE (2026)
5.1 FTE▲ 15.9%
Board2 names since 2019
2 directorsWim Van Muysen and 1 other
Documentsfilings and deeds
26-10-202697 days before the deadline
2026abbreviated format
Staff from 4.4 FTE to 5.1 FTEDividend €229,000
Key points
from the 2026 annual accountsChecked score
96
Excellent
Financially stronger than 72% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
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: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025highest value
01-2026: < 0.1%● unchanged vs 12-2025highest value
02-2026: < 0.1%● unchanged vs 01-2026highest value
03-2026: < 0.1%● unchanged vs 02-2026highest value
04-2026: < 0.1%● unchanged vs 03-2026highest value
05-2026: < 0.1%● unchanged vs 04-2026highest value
06-2026: < 0.1%● unchanged vs 05-2026highest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.11, cash €1.9m
Equity €1.9m (78.6% of total assets)
Sector: Education (NACE 85)
Figures for financial year 2026 (filed on 27-10-2026)
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 85, micro). It does better than 88% of them on solvency, 85% on liquidity, 65% on profitability and 49% on growth.
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 30-06-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as HaCeCo-E has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of HaCeCo-E itself: < 0.1% 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 34,693 companies, not a prediction for HaCeCo-E. 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 verdict
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.11 (3.97 in 2025), above the usual 1.5. Short-term debt is 21.4% and cash 81.2% of total assets. 21.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 26-10-2026, 97 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
97 days early
2025
99 days early
2024
99 days early
2023
98 days early
2022
90 days early
2021
96 days early
2020
124 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 100 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 25 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-06-2027 year end31-01-2028 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0842675325
New establishment in Rotselaar
Sint Jansstraat 113
Appointment: Wim Van Muysen (director)
General meeting of 27-08-2019 · Gazette deed
Capital decrease of €53,928.78 to €2,457.95
Capital from €56,386.73 to €2,457.95 · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-06-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HaCeCo-E Haacht | €2.4m | €589,229 | 78.6% | 5.1 |
| PROSCI BELGIUM Brussels | €2.5m | €669,908 | 14.1% | 6.5 |
| PLATEFORME POUR L'AMÉLIORATION DE LA QUALITÉ DES SERVICES DE SANTE Auderghem | €1.9m | €603,642 | 75.9% | 6.3 |
| EDW Formation La Louvière | €2.2m | €529,935 | 6.2% | 5.1 |
| GLOBAL PORT TRAINING Antwerp | €1.6m | €589,162 | 43.2% | 3.9 |
| EUROMETROPOLITAN E-CAMPUS Tournai | €4.7m | €476,034 | 83.5% | 4.6 |
| MOVING SMART Leuven | €1.0m | €975,394 | 27.2% | 5 |
These companies have the same main activity as HaCeCo-E: vocational training (NACE 85592). They are comparable in size and age: total assets between €1m and €4.7m, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 23-12-2011Normal situation
- Activity
- Vocational trainingNACE 85592and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2026
- Establishment units
- 2.205.785.6413150 Haacht, since 01-01-2012
- 2.354.992.4273118 Rotselaar, since 26-01-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 08-09-2025
Annual accounts to 30-06-2026
- ≈ €880,000estimated
- €2.4m▲ 1.6%
- Employeeson 30-06-2026
- 4▼ 20.0%
- Filing
- Filed on 26-10-2026, 97 days before the end of the filing period
Insights on HaCeCo-E
HaCeCo-E files the abbreviated format. That format states no turnover. The gross margin rose from €199,572 in 2012 to €589,229 in 2026.
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 HaCeCo-E
- What is the company number of HaCeCo-E?
- The company number of HaCeCo-E is 0842.675.325. The VAT number is the same number with BE in front: BE 0842.675.325.
- Where is HaCeCo-E based?
- The registered office is at Keerbergsesteenweg 12, 3150 Haacht.Company details
- What does HaCeCo-E do?
- According to the KBO register, the main activity is vocational training (NACE 85592).
- What is the legal form of HaCeCo-E?
- HaCeCo-E is a private limited company (BV).
- When was HaCeCo-E founded?
- HaCeCo-E was founded on 23-12-2011.
- Is HaCeCo-E still active?
- Yes, HaCeCo-E is an active enterprise in the KBO register.
- How many employees does HaCeCo-E have?
- HaCeCo-E had an average of 5.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does HaCeCo-E fall under?
- In its 30-06-2026 annual accounts, HaCeCo-E states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HaCeCo-E?
- The turnover in financial year 2026 is ≈ €880,000. This figure is estimated from the gross margin of €589,229 and 37 comparable companies (NACE 85). It probably lies between €630,000 and €1.4m.
- Is HaCeCo-E profitable?
- In financial year 2026, HaCeCo-E made a profit of €277,337.
- Where can I find the annual accounts of HaCeCo-E?
- HaCeCo-E filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of HaCeCo-E due?
- HaCeCo-E must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
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