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HAREK

Active Private limited company (pre-2019)founded 2000active for 26 yearsWaverse Steenweg 300, 1050 IxellesKBO/BCE: BE 0471.592.224

Overview

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €2,121 (2025)
€2,121▲ 66.8%
lowest -€7,166 (2022)
-€694▼ €138
peak €13,786 (2020)
€6,148▼ 10.1%
€3,546▲ 487%
Board1 name since 2004
1 directorEl Harrak Said
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from €1,271 to €2,121Loss of €694Debts from €604 to €3,546

Key points

from the 2025 annual accounts

Losses

-€1,250 in two years
-5562024-6942025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Liquidity

2.73 was 12.33 in 2024

Short-term debts rose from €604 to €3,546.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 54% of micro companies in personal services (NACE 96)
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: 0.7% across 7,626 companies (NACE 96, 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 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 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 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 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 strength
Average

88-12equity 63.4% of total assets
83-17short-term debt 36.6% · cash 91.7%
20+1return on assets -7.2%

Score breakdown

raises risk
Loss of €694, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 2.73, cash €8,891
Founded in 2000
Equity €6,148 (63.4% of total assets)
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 78% of them on solvency, 85% on liquidity, 24% on profitability and 29% on growth.

The bankruptcy probability was computed on 08-11-2026 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 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, 12,322 companies had the same profile as HAREK has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HAREK 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 12,322 companies, not a prediction for HAREK. 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 €500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.73 (12.33 in 2024), above the usual 1.5. Short-term debt is 36.6% and cash 91.7% of total assets. 36.6% of the assets are financed with debt and provisions.

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 riskneutral
lowers risk · Liquidity: current ratio 2.73, cash €8,891
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €694, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €6,148 (63.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
1 day early
2023
18 days early
2022
27 days late
2021
32 days early
2020
26 days early
2019
31 days late
← 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 5 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was 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 15 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EH
El Harrak Said
Director, since 01-01-2004
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471592224
First establishment Coiffure Universelle, Waverse Steenweg 300, Ixelles
Incorporation published on 13-04-2000 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
HAREK Ixelles €9,694 €2,121 63.4% -
THE DREAM TEAM Forest €12,579 €2,407 31.0% -
CARISTEF Anderlecht €10,346 €2,376 3.8% -
COIFFEUR NOUR-DINE Saint-Josse-ten-Noode €8,438 €1,147 90.9% -
L'HAIR DU TEMPS COIFFURE Ganshoren €6,696 €1,941 -109.9% -
HAIR BD' J La Louvière €10,614 €3,311 67.9% -
D&M Antwerp €8,080 €3,119 100.0% -

These companies have the same main activity as HAREK: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €6,700 and €12,600, founded between 1990 and 2006.

Official details

Source: KBO
Status
Active since 29-03-2000Normal situation
Activity
Hairdressing and barber servicesNACE 96210
Establishment unit
2.114.242.5831050 Ixelles, since 28-01-2003
Financial year end
31 December
Peppol
Reachable since 13-03-2026
Company details

Annual accounts 2025

€2,121▲ 66.8%
≈ €14,000estimated
€694▲ 24.8%
€6,148▼ 10.1%
€9,694▲ 30.2%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on HAREK

HAREK files the micro format. That format states no turnover. The gross margin rose from €1,425 in 2006 to €2,121 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 15-07-2026, 16 days before the deadline
€2,121
▲ 66.8%
-€652
▼ €119
-
-
63.4%
▼ 28.5 percentage points
2.73
▼ 9.59

Money flows

no detail for 2025

Balance sheet

balance sheet total €9,694 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

63.4%

Higher than 79% of 5,752 companies in 2025.

2.73

Higher than 80% of 5,318 companies in 2025.

-7.2%

Higher than 22% of 5,362 companies in 2025.

HAREK Middle half of the sector 80% of the sector Micro accounts in personal services (NACE 96)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 9,6947,4478,3436,01416,73213,97810,15910,81210,91410,4626,6897,3663,0713,8442,5202,8402,2602,6042,4342,227
29/58 9,6947,4478,3436,01416,73213,97810,15910,81210,91410,4626,6897,3663,0713,8442,5202,8402,2602,6042,4342,227
40/41 803-5,3645,078------457---------
40 803-2,058-----------------
41 --3,3065,078------457---------
54/58 8,8917,4472,97931216,73213,97810,15910,81210,91410,4625332,0173,0713,8442,5202,8402,2602,6042,4342,227
490/1 ---625------5,6995,349--------
Balance sheet: equity and liabilities
10/49 9,6947,4478,3436,01416,73213,97810,15910,81210,91410,4626,6897,3663,0713,8442,5202,8402,2602,6042,4342,227
10/15 6,1486,8427,3986,01413,18113,7869,6459,6079,5228,7616,6737,2412,6453,3831,7552,1411,9511,9751,7981,522
10/11 13,80013,80013,80013,80013,80013,80012,20012,20012,20012,20010,20010,2006,2006,2006,2006,2006,2006,2006,2006,200
10 ----13,800---------------
100 ----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ----4,8004,8006,4006,4006,4006,4008,4008,40012,40012,40012,40012,40012,40012,40012,40012,400
14 -7,652-6,958-6,402-7,786-619-14-2,555-2,593-2,678-3,439-3,527-2,959-3,555-2,817-4,445-4,059-4,249-4,225-4,402-4,678
17/49 3,546604944-3,5521925141,2051,3921,70116125425461765699309629636705
42/48 3,546604944-3,5521925141,2051,3921,70116125425461765699309629636705
44 --944-51-91742497416---112170----
440/4 --944-51-91742497416---112170----
45 2,800---3,337283418689791,627-125425461653529309629636705
450/3 ----3,337283418609791,627-125425461653529309629636705
454/9 2,800------8------------
47/48 746604--164164164164164-----------
Income statement
70 ----17,108--------23,986------
76A -----------1,880--------
9900 2,1211,2711,384-7,109-2,075-1,417-3666761119-536-1,253-7061,660-35521482103051,425
60/61 ----19,183--29,39031,58127,49128,05926,05524,69822,326------
62 -50------------------
630 -------------------69
640/8 2,7731,755-57----------------
9901 -652-5341,384-7,166-2,075-1,417-3666761119-536-1,253-7061,660-35521482103051,356
75/76B 30--1,5144,0001046336---------1-
75 30----------------1-
76B ----1,5144,0001046336-----------
65/66B 4523--45422944362331313232312432313039
65 4523--45422944362331313232312432313039
9903 -694-5561,384-7,166-6052,541388576196-568596-7381,628-386190-241792761,317
67/77 ---------8----------
9904 -694-5561,384-7,166-6052,541388576188-568596-7381,628-386190-241792761,317
9905 -694-5561,384-7,166-6052,541388576188-568596-7381,628-386190-241792761,317
Appropriation of the result
9906 -7,652-6,958-6,402-7,786-619-14-2,555-2,593-2,678-3,439-3,527-2,959-3,555-2,817-4,445-4,059-4,249-4,225-4,402-4,678
14P -6,958-6,402-7,786-619-14---------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 15-07-2026 2026-00295441 PDF
31-12-2024 micro format 30-07-2025 2025-00331622 PDF
31-12-2023 micro format 13-07-2024 2024-00241889 PDF
31-12-2022 micro format 27-08-2023 2023-00383896 PDF
31-12-2021 micro format 29-06-2022 2022-20104945 PDF
31-12-2020 micro format 05-07-2021 2021-31200014 PDF
31-12-2019 micro format 31-08-2020 2020-47900046 PDF
31-12-2018 micro format 02-07-2019 2019-29500228 PDF
31-12-2017 micro format 02-07-2018 2018-29200098 PDF
31-12-2016 micro format 04-07-2017 2017-28700337 PDF
31-12-2015 full format 30-06-2016 2016-25500347 PDF
31-12-2014 full format 24-07-2015 2015-34900580 PDF
31-12-2013 full format 01-07-2014 2014-26400162 PDF
31-12-2012 full format 28-06-2013 2013-23500527 PDF
31-12-2011 full format 10-08-2012 2012-40200449 PDF
31-12-2010 full format 18-07-2011 2011-31200317 PDF
31-12-2009 full format 17-08-2010 2010-42100539 PDF
31-12-2008 full format 24-08-2009 2009-61900127 PDF
31-12-2007 full format 28-08-2008 2008-67000291 PDF
31-12-2006 full format 03-08-2007 2007-53900123 PDF
31-12-2005 full format 29-06-2006 2006-35801371 PDF
31-12-2004 full format 05-07-2005 2005-42003892 PDF
31-12-2003 full format 13-07-2004 2004-44802203 PDF
31-12-2002 full format 03-10-2003 2003-72601071 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-------------------1,425
-------------------1,386
1,4444,4672,667-16,4212,7543,819-653-1014529,929-1,485-1,053-7741,324-320580-344170207-
6,1486,8427,398-13,18113,7869,6459,6079,5228,7616,6737,2412,6453,3831,7552,1411,9511,9751,7981,522
-----12.1%--------6.9%------
63.4%91.9%88.7%100.0%78.8%98.6%94.9%88.9%87.2%83.7%99.8%98.3%--------
2.7312.338.83-4.7172.6619.768.977.846.15-58.91--------
0.580.090.13-0.270.010.050.130.150.190.000.02--------
-11.3%-8.1%18.7%-119.2%-4.6%18.4%0.4%0.9%8.0%1.0%-8.5%8.2%--------
-7.2%-7.5%16.6%-119.2%-3.6%18.2%0.4%0.8%7.0%0.8%-8.5%8.1%--------
----1 day--2 days3 days1 day0 days---------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on HAREK

The operating result for 2025 is a loss of €652, larger than the loss of €534 in 2024. It is the lowest result since 2022.

Debt's share of the balance-sheet total rises from 8.1% to 36.6%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
El Harrak Said
Director
since 01-01-2004
listed in the 2025 annual accounts, filed on 15-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
El Harrak Said
Director
Board
Mandates as a list
  • El Harrak Said
    • Director, from 01-01-2004 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€13,800
Source
2025 annual accounts

Network & group

No group

HAREK has no parent and no holdings in its annual accounts. El Harrak Said is the only director. HAREK shares no director with another company.

At the same address

Waverse Steenweg 300, 1050 Ixelles · 4 other companies
FIDUCIAIRE DUXCOMPTA & CO
registered office since 07-02-2023 · founded in 2023
total assets €232,256 (2025)
0798.198.053
WIEL GROUP
registered office since 31-08-2026
founded in 2026
1041.866.508
El Harrak, Achraf (sole trader)
establishment since 12-09-2022
founded in 2022
0790.714.405
Point, François (sole trader)
establishment since 06-03-1989
founded in 1800
0556.372.501

Timeline

Timeline

39 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 16 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0471592224
2025
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 18 days before the deadline
2023
Back to profit net €1,384 The net result is €1,384, after 2 loss-making years.
Annual accounts 2022 filed PDFmicro format · 27 days late
2022
Weakest financial year net -€7,166 The net result drops to -€7,166, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 26 days before the deadline
2020
Highest result from 2006 to 2025 net €2,541 ▲6,561% The net result of €2,541 is the highest of those years.
Liquidity more than triples current ratio 72.66 The current ratio rises from 19.76 to 72.66. Short-term debt falls from €514 to €192.
Annual accounts 2019 filed PDFmicro format · 31 days late
2019
Liquidity more than doubled current ratio 19.76 The current ratio rises from 8.97 to 19.76. Short-term debt falls from €1,205 to €514.
Annual accounts 2018 filed PDFmicro format · 29 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 29 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 27 days before the deadline
2016
Back to profit net €88 The net result is €88, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 31 days before the deadline
2015
Liquidity more than 7 times current ratio 419.65 The current ratio rises from 58.91 to 419.65. Short-term debt falls from €125 to €16.
Annual accounts 2014 filed PDFfull format · 7 days before the deadline
2014
Back to profit net €596 The net result is €596, after one loss-making year.
Liquidity more than 8 times current ratio 58.91 The current ratio rises from 7.22 to 58.91. Short-term debt falls from €425 to €125.
Annual accounts 2013 filed PDFfull format · 30 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 33 days before the deadline
2012
Back to profit net €1,628 The net result is €1,628, after one loss-making year.
Liquidity more than doubled current ratio 8.34 The current ratio rises from 3.29 to 8.34. Short-term debt falls from €765 to €461.
Annual accounts 2011 filed PDFfull format · 10 days late
2011
Annual accounts 2010 filed PDFfull format · 13 days before the deadline
2010
Back to profit net €190 The net result is €190, after one loss-making year.
Annual accounts 2009 filed PDFfull format · 17 days late
2009
Annual accounts 2008 filed PDFfull format · 24 days late
2008
Annual accounts 2007 filed PDFfull format · 28 days late
2007
Annual accounts 2006 filed PDFfull format · 3 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
First establishment Coiffure Universelle, Waverse Steenweg 300, Ixelles
2000
Incorporation published on 13-04-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 29 March 2000, HAREK was incorporated.1 El Harrak Said has served as director since 2004.2 Total assets went from €10,812 in 2018 to €9,694 in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0471.592.224
VAT number
BE 0471.592.224
Peppol ID
0208:0471592224
Other Peppol ID
9925:BE0471592224
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
29-03-2000
Financial year
ends on 31 December
Peppol
Reachable since 13-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
HAREK in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
96021 Hairdressing main activity
Codes under NACEBEL 2003
93021 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Coiffure Universelle registered office Waverse Steenweg 300, 1050 Ixelles 28-01-2003 2.114.242.583

Buildings and parcels at the address

Ground area
107 m²
Buildings
84 m²
Volume, LiDAR
1,320 m³
Tallest building
19.6 m
Buildings to scale, each on its own parcel
84 m², 19.6 m 84 m², 19.6 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21442A0035/00N002indicative107 m² 1 · 84 m² 19.6 m · 6