HAXHE
ActiveSummary
The computed 12-month bankruptcy probability of HAXHE is 2.2% (moderate). The 2024 annual accounts show equity of €573,207 and a net result of €16,996. Equity is growing by ~38.8% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-13
Solvency78▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.55 in 2023; short-term debt: 37.3% and cash: 14.3% of total assets), and 47.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
32 d early
2024
24 d early
2023
33 d early
2022
13 d early
2021
on the day
2020
1 d early
2019
on the day
← 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 15 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
In the rankings
#10 company by equity in Sprimont, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,996▼ 88.5%
2023 · €147,287
Working capital
€319,802▲ 19.4%
2023 · €267,766
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€151,572▲ 43.8%€287,275▲ 89.5%€241,252▼ 16.0%€196,634▼ 18.5%€31,853▼ 83.8%
Net result€119,842above the sector's middle half▲ 19.5%€229,223above the sector's middle half▲ 91.3%€171,321above the sector's middle half▼ 25.3%€147,287above the sector's middle half▼ 14.0%€16,996within the sector's middle half▼ 88.5%
Equity€108,380within the sector's middle half▲ 280%€249,304within the sector's middle half▲ 130%€415,825within the sector's middle half▲ 66.8%€558,312within the sector's middle half▲ 34.3%€573,207within the sector's middle half▲ 2.7%
Total assets€775,905within the sector's middle half▲ 15.3%€1.1mwithin the sector's middle half▲ 36.5%€1.2mwithin the sector's middle half▲ 14.2%€1.2mwithin the sector's middle half▲ 1.4%€1.1mwithin the sector's middle half▼ 11.5%
Debt€667,524▲ 3.6%€810,168▲ 21.4%€794,050▼ 2.0%€668,485▼ 15.8%€512,918▼ 23.3%
Working capital-€94,253below the sector's middle half▲ 40.1%€96,906within the sector's middle half€195,646within the sector's middle half▲ 102%€267,766within the sector's middle half▲ 36.9%€319,802within the sector's middle half▲ 19.4%
Solvency14.0%below the sector's middle half▲ 9.7pp23.5%within the sector's middle half▲ 9.6pp34.4%within the sector's middle half▲ 10.8pp45.5%within the sector's middle half▲ 11.1pp52.8%within the sector's middle half▲ 7.3pp
Current ratio0.84below the sector's middle half▲ 0.161.19within the sector's middle half▲ 0.351.32within the sector's middle half▲ 0.131.55within the sector's middle half▲ 0.231.79within the sector's middle half▲ 0.24
Return on assets (ROA)15.4%above the sector's middle half▲ 0.5pp21.6%above the sector's middle half▲ 6.2pp14.2%above the sector's middle half▼ 7.5pp12.0%within the sector's middle half▼ 2.2pp1.6%within the sector's middle half▼ 10.4pp
Staff (FTE)5.6within the sector's middle half▲ 60.0%6.6within the sector's middle half▲ 17.9%5.7within the sector's middle half▼ 13.6%6.2within the sector's middle half▲ 8.8%5.2within the sector's middle half▼ 16.1%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 84% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€361,696 ▼ 23.2%
Current assets
€724,430 ▼ 4.1%
Equity and liabilities €1.1m
Equity
€573,207 ▲ 2.7%
Debt
€512,918 ▼ 23.3%
Debt's share of the balance-sheet total falls from 54.5% to 47.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€152,761▼
2023 · €296,798
Cash flow
€137,904▼
2023 · €247,450
Debt to equity
0.89▼
2023 · 1.20
ROE
3.0%▼
2023 · 26.4%
Interest coverage
12.68▼
2023 · 33.88
Debt ≤ 1 year
€404,628▼
2023 · €487,807
Debt > 1 year
€108,290▼
2023 · €180,562
Income taxes
€7,581▼
2023 · €45,488
Staff costs
€304,055▼
2023 · €346,146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €290,227 | €300,494 | €346,146 | €304,055 | ▼ 12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94,797 | €100,649 | €113,148 | €100,163 | €120,908 | ▲ 20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3,705 | - | - | €31,998 | - |
| Other operating charges640/8 | - | €7,912 | €8,609 | €8,741 | €8,989 | ▲ 2.8% |
| Gross operating margin9900 | €507,560 | €689,767 | €663,503 | €651,685 | €497,802 | ▼ 23.6% |
| Operating profit (loss)9901 | €151,572 | €287,275 | €241,252 | €196,634 | €31,853 | ▼ 83.8% |
| Financial income75/76B | - | €4,826 | €4,805 | €4,900 | €4,770 | ▼ 2.7% |
| Recurring financial income75 | €556 | €4,826 | €4,805 | €4,900 | €4,770 | ▼ 2.7% |
| Financial charges65/66B | - | €5,915 | €8,731 | €8,761 | €12,046 | ▲ 37.5% |
| Recurring financial charges65 | €7,176 | €5,915 | €8,731 | €8,761 | €12,046 | ▲ 37.5% |
| Profit (loss) for the period before taxes9903 | €144,951 | €286,185 | €237,327 | €192,774 | €24,577 | ▼ 87.3% |
| Income taxes67/77 | €25,110 | €56,962 | €66,006 | €45,488 | €7,581 | ▼ 83.3% |
| Profit (loss) for the period9904 | €119,842 | €229,223 | €171,321 | €147,287 | €16,996 | ▼ 88.5% |
| Transfer to tax-exempt reserves689 | - | - | €84,200 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €119,842 | €229,223 | €87,121 | €147,287 | €16,996 | ▼ 88.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €775,905 | €1.1m | €1.2m | €1.2m | €1.1m | ▼ 11.5% |
| Fixed assets21/28 | €291,896 | €452,495 | €409,373 | €471,224 | €361,696 | ▼ 23.2% |
| Intangible fixed assets21 | €26,329 | €17,553 | €8,776 | - | - | - |
| Tangible fixed assets22/27 | €265,204 | €434,579 | €400,233 | €470,861 | €361,333 | ▼ 23.3% |
| Plant, machinery and equipment23 | - | €53,651 | €23,724 | €160,110 | €134,876 | ▼ 15.8% |
| Furniture and vehicles24 | - | €19,837 | €81,608 | €82,037 | €129,606 | ▲ 58.0% |
| Leasing and similar rights25 | - | €361,091 | €294,902 | €228,713 | €96,850 | ▼ 57.7% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €484,008 | €606,977 | €800,502 | €755,573 | €724,430 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €355,540 | €448,948 | €540,663 | €568,994 | €548,691 | ▼ 3.6% |
| Trade receivables40 | - | €383,415 | €439,093 | €369,583 | €375,071 | ▲ 1.5% |
| Other amounts receivable41 | - | €65,533 | €101,570 | €199,410 | €173,621 | ▼ 12.9% |
| Cash at bank and in hand54/58 | €115,798 | €142,394 | €240,409 | €169,078 | €154,818 | ▼ 8.4% |
| Deferred charges and accrued income490/1 | - | €15,634 | €19,429 | €17,502 | €20,920 | ▲ 19.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €775,905 | €1.1m | €1.2m | €1.2m | €1.1m | ▼ 11.5% |
| Equity10/15 | €108,380 | €249,304 | €415,825 | €558,312 | €573,207 | ▲ 2.7% |
| Contributions10/11 | - | €6,283 | €6,283 | €6,283 | €6,283 | = |
| Reserves13 | - | - | €84,200 | €84,200 | €84,200 | = |
| Tax-exempt reserves132 | - | - | €84,200 | €84,200 | €84,200 | = |
| Profit (loss) carried forward14 | €102,097 | €231,321 | €318,442 | €465,728 | €482,724 | ▲ 3.6% |
| Investment grants15 | - | €11,700 | €6,900 | €2,101 | - | - |
| Amounts payable17/49 | €667,524 | €810,168 | €794,050 | €668,485 | €512,918 | ▼ 23.3% |
| Amounts payable after more than one year17 | €89,250 | €298,611 | €188,954 | €180,562 | €108,290 | ▼ 40.0% |
| Financial debts170/4 | - | €298,611 | €188,954 | €180,562 | €108,290 | ▼ 40.0% |
| Amounts payable within one year42/48 | €578,262 | €510,070 | €604,856 | €487,807 | €404,628 | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | - | €36,826 | €80,919 | €94,250 | €71,798 | ▼ 23.8% |
| Trade debts44 | €216,829 | €100,494 | €97,131 | €64,530 | €96,749 | ▲ 49.9% |
| Suppliers440/4 | - | €100,494 | €97,131 | €64,530 | €96,749 | ▲ 49.9% |
| Advances received on contracts in progress46 | - | - | €22,500 | - | - | - |
| Taxes, remuneration and social security45 | - | €24,040 | €34,399 | €28,523 | €27,185 | ▼ 4.7% |
| Taxes450/3 | - | €1,550 | €10,151 | €7,921 | €10,648 | ▲ 34.4% |
| Remuneration and social security454/9 | - | €22,491 | €24,249 | €20,601 | €16,537 | ▼ 19.7% |
| Other amounts payable47/48 | - | €348,710 | €369,907 | €300,504 | €208,897 | ▼ 30.5% |
| Accrued charges and deferred income492/3 | - | €1,486 | €240 | €117 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119,842 | €229,223 | €171,321 | €147,287 | €16,996 | ▼ 88.5% |
| + Depreciation and write-downs630 | €94,797 | €100,649 | €113,148 | €100,163 | €120,908 | ▲ 20.7% |
| Operating cash flow (approximation) | €214,638 | €329,872 | €284,469 | €247,450 | €137,904 | ▼ 44.3% |
| Investment in fixed assets (approximation) | - | -€261,247 | -€70,026 | -€162,014 | -€11,380 | ▲ 93.0% |
| Change in cash | - | €26,597 | €98,015 | -€71,332 | -€14,259 | ▲ 80.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €16,996 ▼88.5%
Net result drops to €16,996, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500,000Eq €558,312 ▲34.3%
5 profitable years in a row build equity to €558,312.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2019net €229,223 ▲91.3%
Operating result €287,275, net result €229,223, both a record.
31-12
Financial
Equity above €200,000Eq €249,304 ▲130%
3 profitable years in a row build equity to €249,304.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €100,000Eq €108,380 ▲280%
2 profitable years in a row build equity to €108,380.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sprimont · 1 establishment unit since 2019
Ground area
4,863 m²
Parcel 62100D1915/00K002, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Tultay 6, 4140 Sprimont
since 20192.285.868.940
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100D1915/00K002 | Wallonia | 4,863 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- FRAXE
- HAXHE
Highest known parent: FRAXE. The sources do not say who stands above it.
Owners 1
- FRAXEparentSourceaccounts FRAXE 202499.33%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
11 categoriesHAXHE SRL40149
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,234. 2,087 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0720522829
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.