Halfweg
ActiveHalfweg has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €3k. Equity is shrinking by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+46
Solvency41▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.18 in 2024; short-term debt: 62.4% and cash: 0% of total assets), and 83.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d early
2023
2 d early
2022
5 d early
2021
4 d early
2020
2 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 14.2%
2024 · €20k
2019: €208k
2020: €194k
2021: €155k
2022: €139k
2023: €53k
2024: €20k
2019 → 2025
Total assets
€140k▼ 3.8%
2024 · €145k
2019: €845k
2020: €751k
2021: €646k
2022: €316k
2023: €181k
2024: €145k
2019 → 2025
Net result
€3k
2024 · €-33k
2019: €71k
2020: €-13k
2021: €-39k
2022: €-16k
2023: €-87k
2024: €-33k
2019 → 2025
Working capital
€-8k
2024 · €14k
2019: €-130k
2020: €-209k
2021: €-23k
2022: €30k
2023: €42k
2024: €14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€139k▼ 10.4%€53k▼ 62.2%€20k▼ 62.3%€23k▲ 14.2%
Operating result€-27k-€7k€-82k€-25k▲ 69.9%€11k
Net result€-39k-€-16k▲ 58.4%€-87k▼ 436%€-33k▲ 62.2%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €25k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€60k▲ 15.5%
Current assets
€79k▼ 14.7%
Equity and liabilities €140k
Equity
€23k▲ 14.2%
Debt
€117k▼ 6.7%
The debt ratio falls from 86.4% to 83.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €-10k
Cash flow
€18k▲
2024 · €-18k
Solvency
16.2%▲
2024 · 13.6%
Current ratio
0.91▼
2024 · 1.18
Quick ratio
0.05▼
2024 · 0.23
Debt / equity
5.17▼
2024 · 6.33
ROE
12.5%▲
2024 · -165.5%
ROA
2.0%▲
2024 · -22.6%
Interest coverage
3.00▲
2024 · -1.23
Debt
€117k▼
2024 · €125k
Debt ≤ 1 year
€87k▲
2024 · €79k
Debt > 1 year
€29k▼
2024 · €46k
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€145k€140k▼
Fixed assets21/28€52k€60k▲
Intangible fixed assets21€0€1k▲
Tangible fixed assets22/27€52k€59k▲
Plant, machinery and equipment23€5k€12k▲
Furniture and vehicles24€30k€23k▼
Other tangible fixed assets26€17k€24k▲
Financial fixed assets28€200€200=
Current assets29/58€93k€79k▼
Stocks and contracts in progress3€75k€75k=
Stocks30/36€75k€75k=
Amounts receivable within one year40/41€13k€4k▼
Trade receivables40€13k€4k▼
Other amounts receivable41€0€141▲
Cash at bank and in hand54/58€5k€0▼
Deferred charges and accrued income490/1€250€16▼
Equity and liabilities
Total equity and liabilities10/49€145k€140k▼
Equity10/15€20k€23k▲
Contributions10/11€20k€20k=
Reserves13€174k€174k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€47k€47k=
Distributable reserves133€127k€127k=
Profit (loss) carried forward14€-174k€-172k▲
Amounts payable17/49€125k€117k▼
Amounts payable after more than one year17€46k€29k▼
Financial debts170/4€46k€29k▼
Amounts payable within one year42/48€79k€87k▲
Current portion of amounts payable after more than one year42€22k€17k▼
Financial debts43€45k€32k▼
Credit institutions430/8€45k€32k▼
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€5k€576▼
Taxes450/3€5k€576▼
Other amounts payable47/48€3k€37k▲
Accrued charges and deferred income492/3€400€883▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€9k€1k▼
Gross operating margin9900€-983€28k▲
Operating profit (loss)9901€-25k€11k▲
Financial income75/76B-€229
Recurring financial income75-€229
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€-33k€3k▲
Profit (loss) for the period9904€-33k€3k▲
Profit (loss) for the period to be appropriated9905€-33k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-174k€-172k▲
Profit (loss) brought forward from the previous period14P€-142k€-174k▼
The notes to these accounts (13 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
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €3k
Net result €3k after 5 loss-making years.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lokeren · 1 establishment unit since 2011
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.
Doorslaarstraat 1179160 LokerenGround area
821 m²
Building footprint
238 m²
Volume, LiDAR
1,127 m³
Parcel 46007D0104/00B000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Halfweg BV
since 20112.203.825.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007D0104/00B000 | Flanders | 821 m² | 1 · 238 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 449 EUR awarded · 449 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 449 EUR | 449 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,155 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2011
Fiscal year end30-06
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
90392Design and construction of stages and sets
16110Sawmilling and planing of wood
16230Manufacture of other builders' carpentry and joinery
31001Manufacture of furniture
43320Joinery installation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:daniel@halfweg.be
Phone:0473977770