H & L PRODUCTIONS

Active

Public limited companyfounded 1985active for 40 yearsHoutelweg 1, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0428.077.331

Summary

H & L PRODUCTIONS has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.9m and a net result of €2.9m. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 87% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

H & L PRODUCTIONSActiveChecked score 98/100

Risk analysis Report Compare

Activity

Manufacture of food products

NACE 10393Wholesale trade NACE 46391

Oldest company in Rijkevorsel, Manufacturing sector1 site

Size

€29.4mturnover 2025

Staff: 8.5 FTE
Equity: €10.9m
Profit: €2.9m

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: Veslin · 80%

HELNEXDirector · permanent representative Thomas LANCKSWEERT
LVO INDUSTRIESDirector · permanent representative Rodolphe Cleenewerck de Crayencour

2025 accounts 37 days early2 of 11 deeds summarised

Why 98raises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 4.22, cash €6.0mFounded in 1985Equity €10.9m (76.6% of total assets)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 87% of its sector peers (NACE 10, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 76.6% of total assets

Liquidity 92+44

short-term debt 23.3% · cash 42.3%

Profitability 87+7

return on assets 20.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,079 companies, NACE 10, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.3 percentage points vs 09-2026lowest value

Credit of up to €1,050,000 on 30-day terms is acceptable

Liquidity ample (current ratio 4.22, compared with 3.92 in 2024, above the usual 1.5; short-term debt: 23.3% and cash: 42.3% of total assets), and 23.4% 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 10, micro): better than 93% on solvency, 93% on liquidity, 79% on profitability and 83% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 4.22, cash €6.0m

NBB · annual accounts

Founded in 1985

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Manufacture of food products (NACE 10)

KBO

Equity €10.9m (76.6% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

37 days early

2024

54 days early

2023

29 days early

2022

on the day

2021

18 days late

2020

39 days early

2019

30 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

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 3 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

24-06-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Highest result from 2018 to 2025net €2.9m ▲77.6%
31-12-2025 Equity above €10mequity €10.9m ▲33.3%

Key points

Positive: Oldest company in Rijkevorsel, Manufacturing sectorin the Checked rankings No. 1 View
Positive: Result rose in 2025from €1.6m to €2.9m ▲ 77.6% View
Controlled by Veslinknown shareholders 99.98% 80% View
Positive: 7 profitable years in a rowprofit 2025: €2.9m 7 years View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Turnover: €29.4m
Profit: €2.9m
Solvency: 76.6%

Turnover▲ 38.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: Veslin · 80%
Known shareholders: 99.98%

HELNEXDirector
LVO INDUSTRIESDirector

Go to Board & ownership

Network & group

Connected companies: 9

Go to Network & group

Timeline

Events: 45
Since: 1987
Next accounts: by 31-07-2027

01-10-2025Appointments: LVO INDUSTRIES BV (director) and HELNEX…
14-07-2025Reappointment: Krijn Heijboer (director)
07-06-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of food productsNACE 10393
Founded: 08-11-1985
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about H & L PRODUCTIONS

What is the company number of H & L PRODUCTIONS?: 0428.077.331. In Belgium the VAT number is the company number with BE in front: BE 0428.077.331.
Where is H & L PRODUCTIONS based?: The registered office is at Houtelweg 1, 2310 Rijkevorsel.Company details
What does H & L PRODUCTIONS do?: According to the KBO register, the main activity is manufacture of food products (NACE 10393).
What is the legal form of H & L PRODUCTIONS?: Public limited company (NV).
When was H & L PRODUCTIONS founded?: On 08-11-1985.
Is H & L PRODUCTIONS still active?: Yes, H & L PRODUCTIONS is an active enterprise in the KBO register.
How many employees does H & L PRODUCTIONS have?: On average 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of H & L PRODUCTIONS?: €29.4m in financial year 2025, according to the filed annual accounts.
Is H & L PRODUCTIONS profitable?: In financial year 2025, H & L PRODUCTIONS made a profit of €2.9m.
Where can I find the annual accounts of H & L PRODUCTIONS?: H & L PRODUCTIONS filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of H & L PRODUCTIONS due?: By 31-07-2027, for financial year 2026.Timeline

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Overview