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Halberry

Active
Private limited companyfounded 2022active for 4 yearsHal 36, 2322 Hoogstraten, BelgiumKBO/BCE: BE 0792.608.873

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.

Annual accounts 2024 filed on 02-10-2025 PDF all 3 filings

Turnover
≈ €470,000
Estimated: probably between €320,000 and €700,000
Total assets
€1.7m▲ 170%
2023 · €643,172
Net result
€69,632▲ 52.1%
2023 · €45,790
Working capital
-€399,527
2023 · €3,658
Trend over the years

2022 to 2024, 3 financial years

The operating result for 2024 is 50% higher than in 2023 and the highest since 2022. It is the second rise in a row.

Operating result€0.1m 2024 Net result€0.07m 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€0.007m-€0.07m▲ 837%€0.1m▲ 50.3%
Net result€0.006mwithin the sector's middle half-€0.05mabove the sector's middle half▲ 730%€0.07mabove the sector's middle half▲ 52.1%
Equity€0.01mbelow the sector's middle half-€0.06mwithin the sector's middle half▲ 435%€0.1mwithin the sector's middle half▲ 124%
Total assets€0.3mwithin the sector's middle half-€0.6mwithin the sector's middle half▲ 99.0%€1.7mabove the sector's middle half▲ 170%
Debt€0.3m-€0.6m▲ 87.7%€1.6m▲ 174%
Working capital€0.02mwithin the sector's middle half-€0.004mwithin the sector's middle half▼ 76.5%-€0.4mbelow the sector's middle half
Solvency3.3%below the sector's middle half-8.8%within the sector's middle half▲ 5.5pp7.3%below the sector's middle half▼ 1.5pp
Current ratio1.10within the sector's middle half-1.01within the sector's middle half▼ 0.090.44below the sector's middle half▼ 0.57
Return on assets (ROA)1.7%within the sector's middle half-7.1%within the sector's middle half▲ 5.4pp4.0%within the sector's middle half▼ 3.1pp
above within below The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.7m
Fixed assets €1.4m ▲ 401%
Current assets €314,167 ▼ 12.6%
Equity and liabilities €1.7m
Equity €125,942 ▲ 124%
Debt €1.6m ▲ 174%
Debt's share of the balance-sheet total rises from 91.2% to 92.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€169,523▲
2023 · €108,689
Cash flow
€138,873▲
2023 · €87,764
Quick ratio
0.13▼
2023 · 0.37
Debt to equity
12.77▲
2023 · 10.42
ROE
55.3%▼
2023 · 81.3%
Interest coverage
5.52▼
2023 · 10.84
Debt ≤ 1 year
€713,694▲
2023 · €355,869
Debt > 1 year
€894,289▲
2023 · €230,993
Income taxes
€0▼
2023 · €10,899
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item202220232024
Mortgages, amount registered--€50,000
Mortgage mandates-€140,845€1.1m
Carrying value of the mortgaged assets-€120,225€1.2m
Mandates to pledge the business-€200,000-
Pledge on other assets, amount secured--€200,000
Carrying value of the other pledged assets--€200,000

Source: notes to the 2022 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item202220232024
Tangible fixed assets€150,900€184,276€1.2m
Depreciation and write-downs of the year€6,201€41,974€69,241

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2025 · 1 entry · €1,591 awarded · €1,591 paid
Schemes
1 entry · €1,591 · €1,591 paid · Vlaams Landbouwinvesteringsfonds

Comparable companies

These companies have the same main activity as Halberry: growing of pome and stone fruits (NACE 01240). They are comparable in size and age: total assets between €582,000 and €3.1m, founded between 2021 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Halberry Hoogstraten2022€1.7m€0.1m€0.2m€0.07m-2024
LA POMMERAIE GALEM Gembloux2022€1.8m€0.2m€0.2m€0.02m-2025
THEUNISSEN FRUIT Voeren2023€2.2m€0.4m€0.2m-€0.09m-2025
BVT Fruit Hoogstraten2021€1.9m€0.3m€0.4m€0.1m-2025
DE MUZEMENTEN Hoogstraten2021€3.1m€0.9m€0.7m€0.2m4.22025
RTM KOELING Geetbets2022€0.6m€0.2m€0.2m€0.05m-2025
Agrocenter Sint-Truiden2023€1.1m€0.3m€0.8m€0.04m-2025

They were chosen from the 334 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,514 companies had the same profile as Halberry has now. Two years later, 2.4% had gone bankrupt and 95.7% were still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.6% stopped otherwise
95.7% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Halberry itself: 2.4% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,514 companies, not a prediction for Halberry. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines

Source: Annual accounts 2024 (PDF), filed on 02-10-2025.

Balance sheet Code20232024
Assets
Total assets20/58€0.6m€1.7m▲
Fixed assets21/28€0.3m€1.4m▲
Tangible fixed assets22/27€0.3m€1.4m▲
Land and buildings22€0.1m€0.5m▲
Plant, machinery and equipment23€0.1m€0.9m▲
Furniture and vehicles24€0.05m€0.04m▼
Current assets29/58€0.4m€0.3m▼
Stocks and contracts in progress3€0.2m€0.2m▼
Stocks30/36€0.2m€0.2m▼
Amounts receivable within one year40/41€0.02m€0.03m▲
Trade receivables40€0.01m€0.01m▼
Other amounts receivable41€0.01m€0.02m▲
Cash at bank and in hand54/58€0.1m€0.03m▼
Deferred charges and accrued income490/1€0.001m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€0.6m€1.7m▲
Equity10/15€0.06m€0.1m▲
Contributions10/11€0.005m€0.005m=
Reserves13€0.05m€0.1m▲
Distributable reserves133€0.05m€0.1m▲
Amounts payable17/49€0.6m€1.6m▲
Amounts payable after more than one year17€0.2m€0.9m▲
Financial debts170/4€0.2m€0.9m▲
Amounts payable within one year42/48€0.4m€0.7m▲
Current portion of amounts payable after more than one year42€0.06m€0.1m▲
Financial debts43-€0.05m
Credit institutions430/8-€0.05m
Trade debts44€0.1m€0.3m▲
Suppliers440/4€0.1m€0.3m▲
Taxes, remuneration and social security45€0.01m€0.01m=
Taxes450/3€0.01m€0.01m=
Other amounts payable47/48€0.2m€0.2m▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.07m▲
Other operating charges640/8€0.001m€0.003m▲
Non-recurring operating charges66A€356€0▼
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901€0.07m€0.1m▲
Financial income75/76B€1€51▲
Recurring financial income75€1€51▲
Financial charges65/66B€0.01m€0.03m▲
Recurring financial charges65€0.01m€0.03m▲
Profit (loss) for the period before taxes9903€0.06m€0.07m▲
Income taxes67/77€0.01m€0▼
Profit (loss) for the period9904€0.05m€0.07m▲
Profit (loss) for the period to be appropriated9905€0.05m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.07m▲
Transfer to equity691/2€0.05m€0.07m▲
To other reserves6921€0.05m€0.07m▲

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,201€41,974€69,241▲ 65.0%
Other operating charges640/8€824€1,027€2,691▲ 162%
Non-recurring operating charges66A-€356€0▼ 100%
Gross operating margin9900€14,145€110,073€172,214▲ 56.5%
Operating profit (loss)9901€7,120€66,715€100,283▲ 50.3%
Financial income75/76B-€1€51▲ 90×
Recurring financial income75-€1€51▲ 90×
Financial charges65/66B€219€10,027€30,701▲ 206%
Recurring financial charges65€219€10,027€30,701▲ 206%
Profit (loss) for the period before taxes9903€6,900€56,689€69,632▲ 22.8%
Income taxes67/77€1,380€10,899€0▼ 100%
Profit (loss) for the period9904€5,520€45,790€69,632▲ 52.1%
Profit (loss) for the period to be appropriated9905€5,520€45,790€69,632▲ 52.1%
Line202220232024Change
Assets
Total assets20/58€0.3m€0.6m€1.7m▲ 170%
Fixed assets21/28€0.1m€0.3m€1.4m▲ 401%
Tangible fixed assets22/27€0.1m€0.3m€1.4m▲ 401%
Land and buildings22-€0.1m€0.5m▲ 294%
Plant, machinery and equipment23€0.1m€0.1m€0.9m▲ 690%
Furniture and vehicles24€0.02m€0.05m€0.04m▼ 23.6%
Current assets29/58€0.2m€0.4m€0.3m▼ 12.6%
Stocks and contracts in progress3€0.2m€0.2m€0.2m▼ 2.1%
Stocks30/36€0.2m€0.2m€0.2m▼ 2.1%
Amounts receivable within one year40/41€387€0.02m€0.03m▲ 50.2%
Trade receivables40-€0.01m€0.01m▼ 0.4%
Other amounts receivable41€387€0.01m€0.02m▲ 107%
Cash at bank and in hand54/58€266€0.1m€0.03m▼ 77.4%
Deferred charges and accrued income490/1-€0.001m€0.04m▲ 60×
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.6m€1.7m▲ 170%
Equity10/15€0.01m€0.06m€0.1m▲ 124%
Contributions10/11€0.005m€0.005m€0.005m=
Reserves13€0.006m€0.05m€0.1m▲ 136%
Distributable reserves133€0.006m€0.05m€0.1m▲ 136%
Amounts payable17/49€0.3m€0.6m€1.6m▲ 174%
Amounts payable after more than one year17€0.1m€0.2m€0.9m▲ 287%
Financial debts170/4€0.1m€0.2m€0.9m▲ 287%
Amounts payable within one year42/48€0.2m€0.4m€0.7m▲ 101%
Current portion of amounts payable after more than one year42€0.05m€0.06m€0.1m▲ 107%
Financial debts43--€0.05m-
Credit institutions430/8--€0.05m-
Trade debts44€0.005m€0.1m€0.3m▲ 236%
Suppliers440/4€0.005m€0.1m€0.3m▲ 236%
Taxes, remuneration and social security45€0.001m€0.01m€0.01m=
Taxes450/3€0.001m€0.01m€0.01m=
Other amounts payable47/48€0.1m€0.2m€0.2m▲ 9.6%
Line202220232024Change
Profit (loss) for the period9904€0.006m€0.05m€0.07m▲ 52.1%
+ Depreciation and write-downs630€0.006m€0.04m€0.07m▲ 65.0%
Operating cash flow (approximation)€0.01m€0.09m€0.1m▲ 58.2%
Investment in fixed assets (approximation)--€0.2m-€1.2m▼ 566%
Change in cash-€0.1m-€0.09m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2024 micro format 02-10-2025 2025-00525275 PDF
31-12-2023 micro format 17-06-2024 2024-00133164 PDF
31-12-2022 micro format 31-08-2023 2023-00387636 PDF

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