HALF VIER
ActiveSummary
The computed 12-month bankruptcy probability of HALF VIER is 2.6% (moderate). The 2024 annual accounts show equity of €862k and a net result of €-7k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 2937 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability53▼-30
Solvency89▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 2.37 in 2023; short-term debt: 17.6% and cash: 11% of total assets), and 36.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
63.9%
Return on assets
-0.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
88 d late
2021
31 d late
2020
51 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€862k▼ 0.8%
2023 · €869k
Total assets
€1.35M▼ 12.9%
2023 · €1.55M
Net result
€-7k
2023 · €174k
Working capital
€482k▼ 5.1%
2023 · €507k
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
Line20202021202220232024
Operating result€-168k€64k€506k▲ 697%€258k▼ 49.1%€13k▼ 95.1%
Net result€-77k€154k€394k▲ 156%€174k▼ 55.8%€-7k
Equity€147k▼ 34.3%€301k▲ 105%€695k▲ 131%€869k▲ 25.1%€862k▼ 0.8%
Total assets€949k▼ 9.6%€932k▼ 1.7%€1.45M▲ 55.5%€1.55M▲ 6.8%€1.35M▼ 12.9%
Debt€802k▼ 2.9%€632k▼ 21.3%€755k▲ 19.5%€679k▼ 10.0%€487k▼ 28.3%
Working capital€-17k▲ 51.7%€182k€470k▲ 157%€507k▲ 8.1%€482k▼ 5.1%
Staff (FTE)11.4▼ 42.4%10.5▼ 7.9%16.3▲ 55.2%17▲ 4.3%16.2▼ 4.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.35M
Fixed assets
€630k ▼ 6.1%
Current assets
€719k ▼ 18.1%
Equity and liabilities €1.35M
Equity
€862k ▼ 0.8%
Debt
€487k ▼ 28.3%
Debt's share of the balance-sheet total falls from 43.9% to 36.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€139k▼
2023 · €365k
Cash flow
€119k▼
2023 · €281k
Current ratio
3.03▲
2023 · 2.37
Quick ratio
2.91▲
2023 · 2.33
Debt to equity
0.57▼
2023 · 0.78
ROE
-0.8%▼
2023 · 20.0%
ROA
-0.5%▼
2023 · 11.2%
Interest coverage
4.14▼
2023 · 10.42
Debt ≤ 1 year
€237k▼
2023 · €370k
Debt > 1 year
€239k▼
2023 · €280k
Income taxes
€2k▼
2023 · €58k
Staff costs
€886k▲
2023 · €857k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €59k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €199k | €721k | €857k | €886k | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90k | €73k | €75k | €107k | €126k | ▲ 17.8% |
| Other operating charges640/8 | - | €31k | €43k | €46k | €70k | ▲ 52.7% |
| Non-recurring operating charges66A | - | - | €295 | - | - | - |
| Gross operating margin9900 | €131k | €367k | €1.35M | €1.27M | €1.10M | ▼ 13.6% |
| Operating profit (loss)9901 | €-168k | €64k | €506k | €258k | €13k | ▼ 95.1% |
| Financial income75/76B | - | €106k | €9k | €10k | €16k | ▲ 61.4% |
| Recurring financial income75 | €97k | €106k | €9k | €10k | €16k | ▲ 61.4% |
| Financial charges65/66B | - | €16k | €31k | €35k | €34k | ▼ 4.2% |
| Recurring financial charges65 | €6k | €16k | €31k | €35k | €34k | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | €-77k | €154k | €485k | €232k | €-5k | ▼ 102% |
| Income taxes67/77 | €214 | €0 | €91k | €58k | €2k | ▼ 96.3% |
| Profit (loss) for the period9904 | €-77k | €154k | €394k | €174k | €-7k | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €-77k | €154k | €394k | €174k | €-7k | ▼ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €949k | €932k | €1.45M | €1.55M | €1.35M | ▼ 12.9% |
| Fixed assets21/28 | €639k | €484k | €587k | €671k | €630k | ▼ 6.1% |
| Intangible fixed assets21 | - | - | €5k | €4k | €4k | ▼ 14.4% |
| Tangible fixed assets22/27 | €628k | €473k | €571k | €656k | €616k | ▼ 6.1% |
| Land and buildings22 | - | €433k | €413k | €456k | €447k | ▼ 1.9% |
| Plant, machinery and equipment23 | - | €17k | €128k | €143k | €125k | ▼ 12.7% |
| Furniture and vehicles24 | - | €20k | €14k | €34k | €22k | ▼ 33.8% |
| Other tangible fixed assets26 | - | €3k | €16k | €23k | €21k | ▼ 9.1% |
| Financial fixed assets28 | €11k | €11k | €11k | €11k | €11k | = |
| Current assets29/58 | €310k | €448k | €863k | €877k | €719k | ▼ 18.1% |
| Stocks and contracts in progress3 | €1k | €17k | €17k | €17k | €28k | ▲ 67.2% |
| Stocks30/36 | - | €17k | €17k | €17k | €28k | ▲ 67.2% |
| Amounts receivable within one year40/41 | €169k | €170k | €455k | €384k | €273k | ▼ 28.9% |
| Trade receivables40 | - | €45k | €130k | €92k | €43k | ▼ 53.8% |
| Other amounts receivable41 | - | €125k | €325k | €292k | €230k | ▼ 21.1% |
| Current investments50/53 | €33k | €33k | €37k | €267k | €235k | ▼ 12.1% |
| Cash at bank and in hand54/58 | €94k | €228k | €337k | €193k | €149k | ▼ 23.0% |
| Deferred charges and accrued income490/1 | - | €218 | €16k | €15k | €33k | ▲ 122% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €949k | €932k | €1.45M | €1.55M | €1.35M | ▼ 12.9% |
| Equity10/15 | €147k | €301k | €695k | €869k | €862k | ▼ 0.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €128k | €282k | €676k | €850k | €843k | ▼ 0.8% |
| Non-distributable reserves130/1 | - | €8k | €8k | €8k | €238k | ▲ 3,067% |
| Reserves not available under the articles1311 | - | €8k | €8k | €8k | €8k | = |
| Own shares acquired1312 | - | - | - | - | €230k | - |
| Tax-exempt reserves132 | - | €68 | €68 | €68 | €68 | = |
| Distributable reserves133 | - | €275k | €669k | €843k | €606k | ▼ 28.1% |
| Amounts payable17/49 | €802k | €632k | €755k | €679k | €487k | ▼ 28.3% |
| Amounts payable after more than one year17 | €450k | €323k | €283k | €280k | €239k | ▼ 14.7% |
| Financial debts170/4 | - | €323k | €283k | €280k | €239k | ▼ 14.7% |
| Amounts payable within one year42/48 | €327k | €266k | €393k | €370k | €237k | ▼ 35.9% |
| Current portion of amounts payable after more than one year42 | - | €10k | €28k | €28k | €41k | ▲ 45.6% |
| Trade debts44 | €177k | €112k | €251k | €177k | €103k | ▼ 41.7% |
| Suppliers440/4 | - | €112k | €251k | €177k | €103k | ▼ 41.7% |
| Taxes, remuneration and social security45 | - | €42k | €95k | €146k | €88k | ▼ 39.8% |
| Taxes450/3 | - | €28k | €44k | €49k | €12k | ▼ 75.5% |
| Remuneration and social security454/9 | - | €14k | €51k | €97k | €76k | ▼ 21.8% |
| Other amounts payable47/48 | - | €101k | €18k | €18k | €5k | ▼ 75.0% |
| Accrued charges and deferred income492/3 | - | €43k | €79k | €29k | €11k | ▼ 62.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-77k | €154k | €394k | €174k | €-7k | ▼ 104% |
| + Depreciation and write-downs630 | €90k | €73k | €75k | €107k | €126k | ▲ 17.8% |
| Operating cash flow (approximation) | €13k | €227k | €470k | €281k | €119k | ▼ 57.7% |
| Investment in fixed assets (approximation) | - | €82k | €-179k | €-191k | €-85k | ▲ 55.4% |
| Change in cash | - | €133k | €109k | €-143k | €-44k | ▲ 69.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
31-12
Financial
Highest result since 2018net €394k ▲156%
Operating result €506k, net result €394k, both a record.
31-12
Financial
Equity above €500kEq €695k ▲131%
2 profitable years in a row build equity to €695k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €154k
Net result €154k after one loss-making year.
31-12
Financial
Equity above €200kEq €301k ▲105%
Equity rises from €147k to €301k.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 51 days late
2020
31-12
Financial
Weakest financial yearnet €-77k
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
Show earlier events
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gent · 3 establishment units since 2007
Ground area
337 m²
Building footprint
413 m²
Volume, LiDAR
4,734 m³
3 parcels, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
JOS
since 20072.211.660.574
Charlatan
since 20072.165.982.977
Gloria
since 20112.199.197.361
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B0713/00B000 | Flanders | 185 m² | 1 · 159 m² | 14.6 m · 4 fl. |
| 44802B0686/02_000 | Flanders | 112 m² | 1 · 213 m² | 17.4 m · 4 fl. |
| 44802B0712/00_000 | Flanders | 40 m² | 1 · 40 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesGent2.165.982.977
Gent2.199.197.361
Gent2.211.660.574
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Of 333 companies in sector 56302 we hold annual accounts for 169. 81 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56302Nightclubs
Scores and ratios are computed by Checked and are not a credit decision.