Losses
-€48,150 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
HAZAL
Lifetime
10 annual accounts with figures on one time axispeak €21,291 (2018)
-€4,864▲ €5,138
lowest -€23,819 (2022)
-€5,906▲ €5,045
peak €49,781 (2021)
€1,631▼ 78.4%
€21,251▼ 50.1%
Board1 name since 2016
1 directorSchoonjans Hazal
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from -€10,002 to -€4,864Loss of €5,906Equity from €7,537 to €1,631Debts from €42,545 to €21,251
Key points
from the 2025 annual accountsDebts
€21,251 93% of the balance sheet
After one year 8%Within one year 92%
Of this, €19,604 falls due within a year.
Filings
10 annual accounts 6 late
The 2017 accounts came latest: 737 days after the end of the period.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 24% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
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 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.6%▲ +0.3 percentage points vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026highest value
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 0.8%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026lowest value
10-2026: 0.9%▲ +0.1 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €5,906, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €22,882
Liquidity: current ratio 1.15, cash €11,048
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 24% of them on solvency, 58% on liquidity, 6% on profitability and 7% 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 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, 642 companies had the same profile as HAZAL has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HAZAL itself: 0.9% 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 642 companies, not a prediction for HAZAL. 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 publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.15 (1.2 in 2024), below the usual 1.5. Short-term debt is 85.7% and cash 48.3% of total assets. 92.9% 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
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,906
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
2 days early
2023
6 days early
2022
44 days late
2021
33 days late
2020
83 days late
2019
17 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 24 days after 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 30 July (4 of the last 5 accounts filed within 34 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 0208:0647558142
Incorporation
published on 29-01-2016 · Gazette deed
First establishment
Beeckmanstraat 102, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HAZAL Uccle | €22,882 | -€4,864 | 7.1% | - |
| M.S. KING Brussels | €23,717 | -€36,004 | -568.8% | - |
| FULL CARS SERVICES Brussels | €25,232 | €878 | 69.0% | - |
| MARTIN Dilsen-Stokkem | €23,141 | -€180 | 87.0% | - |
| THE CITY CAR CENTER Waimes | €19,470 | -€4,447 | -343.4% | - |
| POLISI COMPANY Grimbergen | €26,263 | -€2,095 | 34.1% | - |
| WOM.CARS Zonnebeke | €23,167 | -€3,847 | 88.5% | - |
These companies have the same main activity as HAZAL: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €19,500 and €26,300, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 27-01-2016Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 4 others
- Establishment unit
- 2.253.469.4551180 Uccle, since 27-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €22,882▼ 54.3%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on HAZAL
HAZAL files the micro format. That format states no turnover. The gross margin fell from €995 in 2016 to -€4,864 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 HAZAL
- What is the company number of HAZAL?
- The company number of HAZAL is 0647.558.142. The VAT number is the same number with BE in front: BE 0647.558.142.
- Where is HAZAL based?
- The registered office is at Beeckmanstraat 102, 1180 Uccle.Company details
- What does HAZAL do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of HAZAL?
- HAZAL is a private limited company (pre-2019) (BVBA).
- When was HAZAL founded?
- HAZAL was founded on 27-01-2016.
- Is HAZAL still active?
- Yes, HAZAL is an active enterprise in the KBO register.
- What is the turnover of HAZAL?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2019 turnover was €241,388.Financials
- Is HAZAL profitable?
- In financial year 2025, HAZAL made a loss of €5,906.
- Where can I find the annual accounts of HAZAL?
- HAZAL filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HAZAL due?
- HAZAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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