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DE HAL

Active
Private limited companyfounded 200323 yrs activeVenlosesteenweg (Kes) 330, 3640 Kinrooi, BelgiumKBO/BCE: BE 0479.906.807
Summary

DE HAL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,022 and a net result of -€13,570. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-12
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.12; short-term debt: 11% and cash: 1.2% of total assets), and 11% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
89%
Return on assets
-17.2%
Age of the figures
12 mo
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€13,570
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
41 d early
2023
35 d early
2022
31 d early
2021
8 d early
2020
30 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 April 2003, DE HAL was incorporated.1 Total assets went from EUR 205,909 in 2018 to EUR 78,690 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€70,022▼ 16.2%
2024 · €83,592
Total assets
€78,690▼ 5.9%
2024 · €83,592
Net result
-€13,570▼ 198%
2024 · -€4,546
Working capital
€9,706▼ 59.6%
2023 · €23,998
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€16,208▼ 272%€27,741-€5,412-€4,563▲ 15.7%-€13,581▼ 198%
Net result-€17,355▼ 217%€23,588-€5,558-€4,546▲ 18.2%-€13,570▼ 198%
Equity€70,108▼ 19.8%€93,696▲ 33.6%€88,138▼ 5.9%€83,592▼ 5.2%€70,022▼ 16.2%
Total assets€134,742▼ 16.2%€126,556▼ 6.1%€97,866▼ 22.7%€83,592▼ 14.6%€78,690▼ 5.9%
Debt€64,634▼ 11.7%€32,860▼ 49.2%€9,728▼ 70.4%€8,668
Working capital-€13,818€11,696€23,998▲ 105%€9,706
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000Operating result 2021: -€16,208-€16,208Net result 2021: -€17,355-€17,355Operating result 2022: €27,741€27,741Net result 2022: €23,588€23,588Operating result 2023: -€5,412-€5,412Net result 2023: -€5,558-€5,558Operating result 2024: -€4,563-€4,563Net result 2024: -€4,546-€4,546Operating result 2025: -€13,581-€13,581Net result 2025: -€13,570-€13,57020212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€5,412-€5,410Net result 2023: -€5,558-€5,560Operating result 2024: -€4,563-€4,560Net result 2024: -€4,546-€4,550Operating result 2025: -€13,581-€13,600Net result 2025: -€13,570-€13,600202320242025
The operating result stays negative: a loss of €13,581 in 2025 against €4,563 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,690
Fixed assets €60,316 ▼ 3.1%
Current assets €18,374 ▼ 14.0%
Equity and liabilities €78,690
Equity €70,022
Debt €8,668
Debt finances 11.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,668▼
2024 · -€2,650
Cash flow
-€11,657▼
2024 · -€2,634
Current ratio
2.12
Debt to equity
0.12
ROE
-19.4%▼
2024 · -5.4%
ROA
-17.2%▼
2024 · -5.4%
Interest coverage
-348.31▼
2024 · -91.39
Debt ≤ 1 year
€8,668
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
14% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,827 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€83,592€78,690▼
Formation expenses20€0€0=
Fixed assets21/28€62,228€60,316▼
Tangible fixed assets22/27€62,228€60,316▼
Land and buildings22€62,228€60,316▼
Current assets29/58€21,364€18,374▼
Amounts receivable within one year40/41€9,552€8,233▼
Trade receivables40€8,220€8,220=
Other amounts receivable41€1,332€13▼
Cash at bank and in hand54/58€11,812€983▼
Deferred charges and accrued income490/1-€9,158
Equity and liabilities
Total equity and liabilities10/49€83,592€78,690▼
Equity10/15€83,592€70,022▼
Contributions10/11€50,000€50,000=
Reserves13€33,630€33,630=
Distributable reserves133€33,630€33,630=
Profit (loss) carried forward14-€38-€13,608▼
Amounts payable17/49-€8,668
Amounts payable within one year42/48-€8,668
Other amounts payable47/48-€8,668
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,912€1,912=
Other operating charges640/8€446€9,109▲
Gross operating margin9900-€2,204-€2,559▼
Operating profit (loss)9901-€4,563-€13,581▼
Financial income75/76B€45€44▼
Recurring financial income75€45€44▼
Financial charges65/66B€29€34▲
Recurring financial charges65€29€34▲
Profit (loss) for the period before taxes9903-€4,546-€13,570▼
Income taxes67/77-€0
Profit (loss) for the period9904-€4,546-€13,570▼
Profit (loss) for the period to be appropriated9905-€4,546-€13,570▼
Appropriation of the result
Profit (loss) to be appropriated9906-€38-€13,608▼
Profit (loss) brought forward from the previous period14P€4,508-€38▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,309€19,309€17,859€1,912€1,912=
Other operating charges640/8€7,708€7,573€8,603€446€9,109▲ 1,940%
Gross operating margin9900€10,809€54,623€21,050-€2,204-€2,559▼ 16.1%
Operating profit (loss)9901-€16,208€27,741-€5,412-€4,563-€13,581▼ 198%
Financial income75/76B---€45€44▼ 2.3%
Recurring financial income75---€45€44▼ 2.3%
Financial charges65/66B€1,148€660€146€29€34▲ 15.5%
Recurring financial charges65€1,148€660€146€29€34▲ 15.5%
Profit (loss) for the period before taxes9903-€17,355€27,081-€5,558-€4,546-€13,570▼ 198%
Income taxes67/77-€3,493--€0-
Profit (loss) for the period9904-€17,355€23,588-€5,558-€4,546-€13,570▼ 198%
Profit (loss) for the period to be appropriated9905-€17,355€23,588-€5,558-€4,546-€13,570▼ 198%
Line20212022202320242025Change
Assets
Total assets20/58€134,742€126,556€97,866€83,592€78,690▼ 5.9%
Formation expenses20--€0€0€0-
Fixed assets21/28€101,308€82,000€64,140€62,228€60,316▼ 3.1%
Tangible fixed assets22/27€101,308€82,000€64,140€62,228€60,316▼ 3.1%
Land and buildings22€101,308€82,000€64,140€62,228€60,316▼ 3.1%
Current assets29/58€33,433€44,556€33,726€21,364€18,374▼ 14.0%
Amounts receivable within one year40/41€12,873€13,174€9,483€9,552€8,233▼ 13.8%
Trade receivables40€8,220€8,220€8,220€8,220€8,220=
Other amounts receivable41€4,653€4,954€1,263€1,332€13▼ 99.0%
Cash at bank and in hand54/58€20,033€30,855€24,242€11,812€983▼ 91.7%
Deferred charges and accrued income490/1€527€527--€9,158-
Equity and liabilities
Total equity and liabilities10/49€134,742€126,556€97,866€83,592€78,690▼ 5.9%
Equity10/15€70,108€93,696€88,138€83,592€70,022▼ 16.2%
Contributions10/11€50,000€50,000€50,000€50,000€50,000=
Reserves13€10,042€33,630€33,630€33,630€33,630=
Non-distributable reserves130/1€1,731€1,731€1,731---
Reserves not available under the articles1311€1,731€1,731€1,731---
Distributable reserves133€8,310€31,899€31,899€33,630€33,630=
Profit (loss) carried forward14€10,066€10,066€4,508-€38-€13,608▼ 35,448%
Amounts payable17/49€64,634€32,860€9,728-€8,668-
Amounts payable after more than one year17€17,383-----
Financial debts170/4€17,383-----
Amounts payable within one year42/48€47,251€32,860€9,728-€8,668-
Current portion of amounts payable after more than one year42€34,371€17,383----
Trade debts44€8,975€8,079€9,728---
Suppliers440/4€8,975€8,079€9,728---
Taxes, remuneration and social security45€650€4,143----
Taxes450/3-€3,493----
Remuneration and social security454/9€650€650----
Other amounts payable47/48€3,255€3,255--€8,668-
Line20212022202320242025Change
Profit (loss) for the period9904-€17,355€23,588-€5,558-€4,546-€13,570▼ 198%
+ Depreciation and write-downs630€19,309€19,309€17,859€1,912€1,912=
Operating cash flow (approximation)€1,954€42,897€12,301-€2,634-€11,657▼ 343%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€10,821-€6,612-€12,431-€10,829▲ 12.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
23-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Liquidity triplescurrent ratio 3.47
Current ratio from 1.36 to 3.47; short-term debt falls from €32,860 to €9,728.
30-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Back to profitnet €23,588
Net result €23,588 after 2 loss-making years.
22-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet -€17,355
Net result drops to -€17,355, the lowest in the series; recovery starts the following year.
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kinrooi · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
819 m²
Building footprint
113 m²
Volume, LiDAR
683 m³
Parcel 72017A0493/00S004, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Venlosesteenweg (Kes) 330, 3640 Kinrooi
NACE 7012001
since 20032.131.623.894
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72017A0493/00S004 Flanders 819 m² 1 · 113 m² 7.5 m · 2 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded01-04-2003
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.