Parent and group
- COPUS GROUP100%
Heads&Hunters
ActiveSummary
The computed 12-month bankruptcy probability of Heads&Hunters is 1.8% (moderate). The 2025 annual accounts show negative equity (-€320,399) and a net result of -€126,797. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 8% of 314 sector peers (NACE 78, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-02-2016 Normal situation
- Registered office
- 17 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Temporary employment agencies and other provision of personnel NACE 78200and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.303.711.792 1160 Oudergem, since 01-01-2020
- 2.306.752.545 1401 Nivelles, since 01-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 11-11-2025
Board and ownership
Board
- Wendy RubiniManaging director · permanent representative Wendy RUBIN
- NonicsDirector · permanent representative Brecht DE MEY
- Auditor
- Moore Audit
Shareholders
- Copus International100%2025 annual accounts of Copus International
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
Annual accounts 2025
- Gross margin
- €1.2m
- ▼ 1.8%
- Turnover
- ≈ €2.1m
- estimated
- Loss
- €126,797
- ▲ 99.7%
- Equity
- -€320,399
- ▼ 65.5%
- Total assets
- €1.0m
- ▼ 11.3%
- Employees on 31-12-2025
- 13
- ▼ 13.3%
- Negative equity on 31-12-2025
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskNegative equity -€320,399Loss of €126,797, the second in a row (financial year 2025)Size: 14 FTE, total assets €1.0mlowers riskLiquidity: current ratio 1.67, cash €274,477Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 22% of small companies in employment activities (NACE 78)
Financial strength · tick: 2024
Weak
Solvency
0-8
equity -31.2% of total assets
Liquidity
55+8
short-term debt 54.8% · cash 26.7%
Profitability
3-13
return on assets -12.3%
Bankruptcy probability within 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%▼ -0.4 percentage points vs 05-2025lowest value
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.5%▼ -0.1 percentage points vs 05-2026
07-2026: 1.8%▲ +0.3 percentage points vs 06-2026
08-2026: 1.8%● unchanged vs 07-2026highest value
09-2026: 1.8%● unchanged vs 08-2026highest value
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 1.67 (1.7 in 2024), above the usual 1.5. Short-term debt is 54.8% and cash 26.7% of total assets. However, equity is negative.
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 78, small). It does better than 5% of them on solvency, 62% on liquidity, 12% on profitability and 8% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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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
1819202122232425
2018 to 2025 · latest year -€320,399
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 26-06-2026, 35 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
35 days early
2024
14 days early
2023
20 days early
2022
6 days early
2021
23 days early
2020
17 days early
2019
57 days early
← 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 25 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% 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 12 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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€320,399 View
- Caution: Result fell in 2025from -€63,482 to -€126,797 ▼ 99.7% View
- Caution: Less equity than 95% of companies in employment activitiessector median €606,196 · 314 companies -€320,399 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€126,797 View
Recent changes
- · Gazette deed Resignations: Jobufin BV (director) and Anguria BV (director)Permanent representatives: Johan BUYLE, Anke ULENS and 2 others · Appointments: NONICS BV (director) and Wendy Rubini Comm.V. (director)
- · Gazette deed Reappointment: Moore Audit BV (statutory auditor)Permanent representatives: Anke ULENS and Brecht DE MEY
- · Gazette deed Appointment: WENDY RUBINI CV (managing director)Permanent representative: Wendy Rubini
Companies linked to Heads&Hunters
Comparable companies
These companies have the same main activity as Heads&Hunters: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €410,000 and €1.4m, founded between 2012 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Heads&Hunters Antwerpen | €1.0m | €1.2m |
| YES!talents Antwerpen | €1.4m | €0.8m |
| FLEXORIUS Lummen | €0.8m | €0.8m |
| OPUS GROUP Hasselt | €0.8m | €1.1m |
| Go4Jobs (West-Limburg) Antwerpen | €0.4m | €1.2m |
| Go4Jobs (Noord West-Vlaanderen) Antwerpen | €0.4m | €1.0m |
| Go4Jobs (Tielt) Antwerpen | €0.5m | €1.7m |
Key facts about Heads&Hunters
- What is the company number of Heads&Hunters?
- The company number of Heads&Hunters is 0648.868.038. The VAT number is the same number with BE in front: BE 0648.868.038.
- Where is Heads&Hunters based?
- The registered office is at Lange Klarenstraat 19, 2000 Antwerpen.Company details
- What does Heads&Hunters do?
- According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
- What is the legal form of Heads&Hunters?
- The legal form of Heads&Hunters is Public limited company (NV).
- When was Heads&Hunters founded?
- Heads&Hunters was founded on 22-02-2016.
- Is Heads&Hunters still active?
- Yes, Heads&Hunters is an active enterprise in the KBO register.
- How many employees does Heads&Hunters have?
- Heads&Hunters had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Heads&Hunters fall under?
- In its 2025 annual accounts, Heads&Hunters states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Heads&Hunters?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,584 comparable companies of the same size. It probably lies between €1.4m and €3.4m. It is a rough estimate.
- Is Heads&Hunters profitable?
- In financial year 2025, Heads&Hunters made a loss of €126,797.
- Where can I find the annual accounts of Heads&Hunters?
- Heads&Hunters filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Heads&Hunters due?
- Heads&Hunters 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 See whether the workforce is growing and whether people stay.Employer 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 See the other companies in the same group.COPUS GROUP · 17 companies
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