Turnover
€538,941 ▲ 76.4%
Turnover rose in 2025: different schema filed.
HADITHI GROUP
Lifetime
5 annual accounts with figures on one time axispeak €538,941 (2025)
€538,941▲ 76.4%
lowest -€40,200 (2023)
€40,677▲ 234%
peak €116,457 (2025)
€116,457▲ 53.7%
€179,939▲ 540%
Board1 name since 2021
1 directorHADITHI Muhsen
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Turnover from €305,582 to €538,941Gross margin from €46,919 to €100,115Result from €12,196 to €40,677Equity from €75,779 to €116,457Debts from €28,127 to €179,939Cash from €7,952 to €16,426
Key points
from the 2025 annual accountsDebts
€179,939 ▲ 540%
Debts rose by €151,812 in 2025.
Payment terms
111 days to suppliers
HADITHI GROUP pays its suppliers 78 days later than in 2024. Customers pay 87 days later.
Liquidity
1.49 was 2.47 in 2024
Short-term debts rose from €28,127 to €179,939.
Filings
5 annual accounts 1 late
The 2025 accounts came 11 days late. The other four were filed on time.
Starting capital
€5,500 100 shares
Checked score
64
Healthy
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 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 01-2025lowest value
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.2%▲ +0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.5 percentage points vs 06-2025
08-2025: 1.7%● unchanged vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.6%▼ -0.1 percentage points vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.7%▲ +0.1 percentage points vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.5%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -1.0 percentage point vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Size: turnover €538,941, total assets €296,396
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.49, cash €16,426
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 43, micro). It does better than 42% of them on solvency, 15% on liquidity, 55% on profitability and 88% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 26,972 companies had the same profile as HADITHI GROUP has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HADITHI GROUP itself: 1.5% 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 26,972 companies, not a prediction for HADITHI GROUP. 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 €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.49 (2.47 in 2024), below the usual 1.5. Short-term debt is 60.7% and cash 5.5% of total assets. 60.7% 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
Five signals.
raises riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 5 filingsDeviation from the deadline
2025
11 days late
2024
34 days early
2023
on the day
2022
11 days early
2021
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 July (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 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0764368908
Incorporation
Founding capital of €5,500, 100 shares · Founder: HADITHI Muhsen · Appointment: HADITHI Muhsen (director) · published on 01-03-2021 · Gazette deed
First establishment
H&M Algemene Renovatie en Dakwerken, Ferdinand Coosemansstraat 75, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HADITHI GROUP Antwerp | €296,396 | €100,115 | 39.3% | - |
| Dakwerken R Brouwers Dessel | €303,509 | €89,085 | 61.2% | - |
| Dak- en klinkerwerken Stesses Balen | €256,927 | €105,705 | 41.9% | - |
| Dak & afdichtingswerken Dens Lille | €305,961 | €83,303 | 23.9% | - |
| Pajo Renovaties Hemiksem | €298,438 | €102,589 | 39.2% | - |
| Dakwerken Debaene Oudenburg | €285,783 | €103,440 | 73.4% | - |
| DAKWERKEN ENZOVOORT Ghent | €268,311 | €106,334 | 36.9% | - |
These companies have the same main activity as HADITHI GROUP: roofing work (NACE 43410). They are comparable in size and age: total assets between €257,000 and €306,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 25-02-2021Normal situation
- Activity
- Roofing workNACE 43410and 5 others
- Establishment unit
- 2.313.717.1452600 Antwerp, since 25-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 02-03-2025
Insights on HADITHI GROUP
HADITHI GROUP has existed since 2021. In 2022 turnover rose from €43,201 to €339,593.
Solvency fell in 2025 from 72.9% to 39.3% because of higher debts to suppliers.
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 HADITHI GROUP
- What is the company number of HADITHI GROUP?
- The company number of HADITHI GROUP is 0764.368.908. The VAT number is the same number with BE in front: BE 0764.368.908.
- Where is HADITHI GROUP based?
- The registered office is at Ferdinand Coosemansstraat 75, 2600 Antwerp.Company details
- What does HADITHI GROUP do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of HADITHI GROUP?
- HADITHI GROUP is a private limited company (BV).
- When was HADITHI GROUP founded?
- HADITHI GROUP was founded on 25-02-2021.
- Is HADITHI GROUP still active?
- Yes, HADITHI GROUP is an active enterprise in the KBO register.
- How many employees does HADITHI GROUP have?
- HADITHI GROUP had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HADITHI GROUP?
- The turnover of HADITHI GROUP was €538,941 in financial year 2025, according to the filed annual accounts.
- Is HADITHI GROUP profitable?
- In financial year 2025, HADITHI GROUP made a profit of €40,677.
- Where can I find the annual accounts of HADITHI GROUP?
- HADITHI GROUP filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HADITHI GROUP due?
- HADITHI GROUP 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 trust this company with building work.Contractor check 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
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