Equity
-€6,541
Debts exceed assets in financial year 2025.
SHAIKH M
Lifetime
3 annual accounts with figures on one time axispeak €28,700 (2024)
€11,802▼ 58.9%
lowest -€9,224 (2025)
-€9,224▼ €8,581
peak €3,326 (2023)
-€6,541▼ €9,224
€17,820▲ 237%
Board1 name since 2023
1 directorSHAIKH AHMED Sabet
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €28,700 to €11,802Loss of €9,224Registered office moved within Sint-Pieters-Leeuw 10-09Equity from €2,683 to -€6,541Debts from €5,284 to €17,820Cash from €2,839 to €7,754
Key points
from the 2025 annual accountsLosses
-€9,867 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€17,820 158% of the balance sheet
Financial debts 11%Suppliers 8%Taxes and wages 82%
Of this, €15,938 falls due within a year.
Liquidity
0.59 was 1.00 in 2024
Short-term debts rose from €5,131 to €15,938.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 56 days after the end of the period.
Position in the sector
-€9,224
Lower net result than 84% of companies in personal services. Sector median €2,798 · 5,759 companies.
Checked score
51
Fair
Financially stronger than 17% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.3%▲ +0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.3%▲ +0.8 percentage points vs 07-2025highest value
09-2025: 1.1%▼ -1.2 percentage points vs 08-2025lowest value
10-2025: 1.6%▲ +0.5 percentage points 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: 2.0%▲ +0.4 percentage points vs 03-2026
05-2026: 2.3%▲ +0.3 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 2.2%▼ -0.1 percentage points vs 07-2026
09-2026: 2.2%● unchanged vs 08-2026
10-2026: 2.2%● unchanged vs 09-2026
11-2026: 2.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Founded in 2023
lowers risk
Size: total assets €11,279
Liquidity: current ratio 0.59, cash €7,754
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 11% of them on solvency, 47% on liquidity, 9% on profitability and 3% 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 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, 7,639 companies had the same profile as SHAIKH M has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SHAIKH M itself: 2.2% 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 7,639 companies, not a prediction for SHAIKH M. 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 0.59 (1.0 in 2024), below 1. Short-term debt is 141.3% and cash 68.7% 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
232425
2023 to 2025 · latest year -€6,541
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 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
14 days early
2024
28 days late
2023
56 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 23 days after 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 28 August (3 of the last 3 accounts filed within 42 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804027456
Registered office moved within Sint-Pieters-Leeuw
New registered office: Bergensesteenweg, 106 c3 1600 Sint-Pieters-Leeuw · Previous registered office: Bergensesteenweg 108 bus c-b1: 1600 Sint-Pieters-Leeuw · General meeting of 01-07-2025 · Gazette deed
First establishment
Bergensesteenweg 106, Sint-Pieters-Leeuw
Incorporation
Founding capital of €3,000, 100 shares · Founder: SHAIKH AHMED Sabet (comparant) · Appointment: SHAIKH AHMED Sabet (director) · published on 19-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SHAIKH M Sint-Pieters-Leeuw | - | - | -58.0% | - |
| Dominicains Barbershop Sint-Genesius-Rode | €20,139 | 48.0% | 50.0% | - |
| HIMSCHOOT LEONIE Oudenaarde | - | - | 45.8% | - |
| Royal Barber Shop Châtelet | €37,376 | -13.1% | 3.1% | - |
| MEDUSA BARBER Evere | - | - | -35.7% | - |
| KHAMLA Vilvoorde | - | - | 94.1% | - |
| RASOOL Leuven | - | - | 71.5% | - |
These companies have the same main activity as SHAIKH M: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €9,210 and €13,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 17-07-2023Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Hairdressing and barber servicesNACE 96210
- Establishment unit
- 2.351.026.5131600 Sint-Pieters-Leeuw, since 01-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2026
Annual accounts 2025
- ≈ €80,000estimated
- €11,279▲ 41.6%
- ≈ 0.5 FTEestimated
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on SHAIKH M
SHAIKH M files the micro format. That format states no turnover. The gross margin rose from €3,885 in 2023 to €11,802 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 SHAIKH M
- What is the company number of SHAIKH M?
- The company number of SHAIKH M is 0804.027.456. The VAT number is the same number with BE in front: BE 0804.027.456.
- Where is SHAIKH M based?
- The registered office is at Bergensesteenweg 106, 1600 Sint-Pieters-Leeuw.Company details
- What does SHAIKH M do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of SHAIKH M?
- SHAIKH M is a private limited company (BV).
- When was SHAIKH M founded?
- SHAIKH M was founded on 17-07-2023.
- Is SHAIKH M still active?
- Yes, SHAIKH M is an active enterprise in the KBO register.
- What is the turnover of SHAIKH M?
- The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €11,802 and 94 comparable companies (NACE 96210). It probably lies between €47,000 and €150,000. It is a rough estimate.Financials
- Is SHAIKH M profitable?
- In financial year 2025, SHAIKH M made a loss of €9,224.
- Where can I find the annual accounts of SHAIKH M?
- SHAIKH M filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SHAIKH M due?
- SHAIKH M must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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