Skip to content

El Hallal

Active
Private limited companyfounded 1986active for 40 yearsBelfortstraat 28, 9000 Gent, BelgiumKBO/BCE: BE 0429.477.297
Summary

The computed 12-month bankruptcy probability of El Hallal is 1.8% (moderate). The 2024 annual accounts show equity of €71,414 and a net result of €35,150. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 18,735 sector peers (NACE 56, financial year 2024). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
1 site
Size
€175,178total assets 2024
Equity
€71,414
Profit
€35,150
Turnover not published (abbreviated or micro format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts 78 days overdue1 of 8 deeds read
Why 56raises riskFigures for financial year 2024 (filed 10-10-2025)Sector: Food and beverage service activities (NACE 56)1 financial year not filed after the legal deadline; latest accounts 65 days late; 2 of the last 3 latelowers riskFounded in 1986Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 65% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 66+1
equity 40.8% of total assets
Liquidity 34+12
short-term debt 59.2% · cash 11.7%
Profitability 94+19
return on assets 20.1%
Bankruptcy probability, 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).

Sector median 1.8% (23,741 companies, NACE 56, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.2%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.4 percentage points vs 06-2025 08-2025: 3.1%▲ +0.5 percentage points vs 07-2025 09-2025: 3.4%▲ +0.3 percentage points vs 08-2025 10-2025: 4.0%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 0.9%▼ -3.1 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.3 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.6, compared with 1.51 in 2023, above the usual 1.5; short-term debt: 59.2% and cash: 11.7% of total assets), but 59.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 60% on solvency, 28% on liquidity, 82% on profitability and 89% on growth.

The bankruptcy probability was computed on 16-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 10-10-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 65 days late; 2 of the last 3 late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €71,414
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-10-2025, 65 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
65 days late
2023
29 days late
2022
47 days late
2021
58 days late
2020
60 days late
2019
185 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 74 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Hamdan Fatima (director)Appointment: Akra Bakri (director) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2024net €35,150 ▲135%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Positive: Among the best 17% on net resultsector median €5,431 · 18,721 companies €35,150 View

By topic

Financials

Financial year
2024
Total assets
€175,178
Profit
€35,150
Solvency
40.8%
Go to Financials

Timeline

Events
43
Since
1990
  1. 29-08-2024Annual accounts filed
  2. 16-09-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
05-09-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.