Equity
-€35,060
Debts exceed assets in financial year 2025.
Haydream
Lifetime
4 annual accounts with figures on one time axispeak -€1,219 (2025)
-€1,219▲ €767
lowest -€13,997 (2023)
-€7,161▲ €1,940
peak -€4,801 (2022)
-€35,060▼ €7,161
€65,381▲ 1.7%
Board2 names since 2021
2 directorsRUBRECHT Niels and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from -€1,986 to -€1,219Loss of €7,161Equity from -€27,899 to -€35,060Cash from €552 to €0
Key points
from the 2025 annual accountsLosses
-€40,060 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€65,381 216% of the balance sheet
After one year 1%Within one year 99%
Of this, €64,792 falls due within a year.
Filings
4 annual accounts 1 late
The 2022 accounts came 24 days late. The other three were filed on time.
Starting capital
€5,000 100 shares
Position in the sector
-115.6%
Lower solvency than 91% of companies in retail trade. Sector median 33.1% · 22,917 companies.
Turnover not published (micro format)
Checked score
46
Fair
Financially stronger than 8% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.7%
01-2025: 3.7%● unchanged vs 12-2024
02-2025: 3.7%● unchanged vs 01-2025
03-2025: 3.7%● unchanged vs 02-2025
04-2025: 3.7%● unchanged vs 03-2025
05-2025: 3.3%▼ -0.4 percentage points vs 04-2025
06-2025: 3.3%● unchanged vs 05-2025
07-2025: 3.3%● unchanged vs 06-2025
08-2025: 2.5%▼ -0.8 percentage points vs 07-2025
09-2025: 2.4%▼ -0.1 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.4%● unchanged vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.3%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 3.7%▲ +1.4 percentage points vs 02-2026
04-2026: 4.1%▲ +0.4 percentage points vs 03-2026
05-2026: 4.6%▲ +0.5 percentage points vs 04-2026
06-2026: 4.9%▲ +0.3 percentage points vs 05-2026
07-2026: 4.7%▼ -0.2 percentage points vs 06-2026
08-2026: 4.2%▼ -0.5 percentage points vs 07-2026
09-2026: 4.9%▲ +0.7 percentage points vs 08-2026highest value
10-2026: 3.7%▼ -1.2 percentage points vs 09-2026
11-2026: 3.8%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 0.38, cash €0, halved
lowers risk
Size: total assets €30,321
Figures for financial year 2025 (filed on 25-06-2026)
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 47, micro). It does better than 6% of them on solvency, 1% on liquidity, 6% on profitability and 17% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as Haydream has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Haydream itself: 3.8% 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 6,008 companies, not a prediction for Haydream. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.44 in 2024), below 1. Short-term debt is 213.7% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€35,060
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 25-06-2026, 36 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
36 days early
2024
21 days early
2023
30 days early
2022
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 16 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 6 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANDOOLAEGHE Brecht Francis Albert Raphaël 50 sharesdeed of 16-09-2021
- RUBRECHT Niels 50 sharesdeed of 16-09-2021
Recent changes
Registered office moved from Zonnebeke to Poperinge
New registered office: Abelestationsplein 20, 8970 Poperinge · Previous registered office: Moorsledestraat 57, 8980 Zonnebeke · Board meeting of 15-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0773836306
Incorporation
Founding capital of €5,000 · Founders: VANDOOLAEGHE Brecht Francis Albert Raphaël and RUBRECHT Niels · Appointments: VANDOOLAEGHE Brecht Francis Albert Raphaël (director) and RUBRECHT Niels (director) · Founder: VANDOOLAEGHE Brecht Francis Albert Raphaël · published on 16-09-2021 · Gazette deed
First establishment
Abelestationsplein 20, Poperinge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Haydream Poperinge | €30,321 | -€1,219 | -115.6% | - |
| WVB Waregem | €33,702 | -€11,379 | -20.1% | - |
| NUQIHAIR Evere | €31,312 | -€5,342 | 8.1% | - |
| Black Light Collective Antwerp | €32,119 | -€6,749 | -76.4% | - |
| W.M.ATCH Schaerbeek | €30,090 | -€1,200 | -29.9% | - |
| AFREUR-Innov Charleroi | €27,417 | -€714 | -61.0% | - |
| BROK Ghent | €30,179 | -€12,468 | -33.9% | - |
These companies have the same main activity as Haydream: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €27,400 and €33,700, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 14-09-2021Normal situation
- Activity
- Other non-specialised retail saleNACE 47120and 2 others
- Establishment unit
- 2.321.710.8368970 Poperinge, since 14-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 07-12-2025
Annual accounts 2025
- €30,321▼ 16.7%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on Haydream
Haydream files the micro format. That format states no turnover. The gross margin rose from -€2,448 in 2022 to -€1,219 in 2025.
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 Haydream
- What is the company number of Haydream?
- The company number of Haydream is 0773.836.306. The VAT number is the same number with BE in front: BE 0773.836.306.
- Where is Haydream based?
- The registered office is at Abelestationsplein 20, 8970 Poperinge.Company details
- What does Haydream do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of Haydream?
- Haydream is a private limited company (BV).
- When was Haydream founded?
- Haydream was founded on 14-09-2021.
- Is Haydream still active?
- Yes, Haydream is an active enterprise in the KBO register.
- What is the turnover of Haydream?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Haydream profitable?
- In financial year 2025, Haydream made a loss of €7,161.
- Where can I find the annual accounts of Haydream?
- Haydream filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Haydream due?
- Haydream must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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