HAL FOOD
ActiveThe computed 12-month bankruptcy probability of HAL FOOD is 1.5% (moderate). The 2025 annual accounts show equity of €70k and a net result of €49k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 71% of 794 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▼-3
Growth78▲+20
Stability94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 28.85 in 2024), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.9%
Return on assets
37.6%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €70k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
12 d late
2024
12 d late
2023
28 d late
2022
31 d early
2021
19 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€70k▲ 231%
2024 · €21k
2021: €56k
2022: €27k
2023: €17k
2024: €21k
2021 → 2025
Total assets
€130k▲ 494%
2024 · €22k
2021: €70k
2022: €30k
2023: €20k
2024: €22k
2021 → 2025
Net result
€49k▲ 1,043%
2024 · €4k
2021: €-6k
2022: €-29k
2023: €-10k
2024: €4k
2021 → 2025
Working capital
€70k▲ 231%
2024 · €21k
2021: €56k
2022: €27k
2023: €17k
2024: €21k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€27k▼ 52.1%€17k▼ 36.9%€21k▲ 25.4%€70k▲ 231%
Operating result€-6k-€-29k▼ 369%€-10k▲ 66.2%€4k€52k▲ 1,094%
Net result€-6k-€-29k▼ 358%€-10k▲ 66.0%€4k€49k▲ 1,043%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,094% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €130k
Equity
€70k▲ 231%
Debt
€60k▲ 7,806%
The debt ratio rises from 3.5% to 46.1%: debt grows faster than equity.
Key figures and ratios
Solvency
53.9%▼
2024 · 96.5%
Current ratio
2.17▼
2024 · 28.85
Quick ratio
2.17▼
2024 · 28.85
Debt / equity
0.86▲
2024 · 0.04
ROE
69.8%▲
2024 · 20.2%
ROA
37.6%▲
2024 · 19.5%
Debt
€60k▲
2024 · €757
Debt ≤ 1 year
€60k▲
2024 · €757
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€22k€130k▲
Current assets29/58€22k€130k▲
Amounts receivable within one year40/41€966€36k▲
Trade receivables40-€34k
Other amounts receivable41€966€2k▲
Cash at bank and in hand54/58€21k€94k▲
Equity and liabilities
Total equity and liabilities10/49€22k€130k▲
Equity10/15€21k€70k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-41k€8k▲
Amounts payable17/49€757€60k▲
Amounts payable within one year42/48€757€60k▲
Trade debts44€35€55k▲
Suppliers440/4€35€55k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€722€432▼
Income statement
Code20242025
Other operating charges640/8-€834
Gross operating margin9900€4k€53k▲
Operating profit (loss)9901€4k€52k▲
Financial charges65/66B€89€96▲
Recurring financial charges65€89€96▲
Profit (loss) for the period before taxes9903€4k€52k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€4k€49k▲
Profit (loss) for the period to be appropriated9905€4k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€8k▲
Profit (loss) brought forward from the previous period14P€-45k€-41k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Highest result since 2021net €49k ▲1043%
Operating result €52k, net result €49k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 28.85
Current ratio from 5.57 to 28.85; short-term debt falls from €4k to €757.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Rendeux · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
La-Golette, Rendeux 116987 RendeuxGround area
5,464 m²
Building footprint
883 m²
Volume, LiDAR
2,749 m³
2 parcels, Wallonia · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HAL FOOD
since 20212.314.892.924
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0328/00C002 | Wallonia | 3,159 m² | 1 · 640 m² | 5.8 m · 1 fl. |
| 83044B0643/00E000 | Wallonia | 2,304 m² | 1 · 243 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 595 companies in sector 10111 we hold annual accounts for 327. 225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-03-2021
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
10120Manufacture of food products
10130Manufacture of food products
10850Manufacture of food products
46321Wholesale of meat and meat products, excluding game and poultry
46322Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.