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Halfwerk

Active
Private limited companyfounded 2024active for 2 yearsWillemsstraat (Jan Frans) 13, 1800 Vilvoorde, BelgiumKBO/BCE: BE 1010.804.039
Summary

Halfwerk has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,212 and a net result of €58,106. Its solvency ranks better than 91% of 4,313 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Design of textile patterns, clothing, jewellery, furniture and decorative items
NACE 74111Manufacture of electrical equipment NACE 27402
2 sites
Size
€99,708total assets 2025
Equity
€89,212
Profit
€58,106
Turnover not published (micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts on time
Why 94raises riskFounded in 2024lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 7.36, cash €29,422Equity €89,212 (89.5% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 74, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 89.5% of total assets
Liquidity 87+31
short-term debt 10.5% · cash 29.5%
Profitability 50+34
return on assets 58.3%
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 0.2% (5,417 companies, NACE 74, micro)
Last 24 months 07-2025: 0.5%highest value 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 7.36, compared with 5.68 in 2024, above the usual 1.5; short-term debt: 10.5% and cash: 29.5% of total assets), and 10.5% 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 74, micro): better than 88% on solvency, 79% on liquidity, 28% on profitability and 20% on growth.

The bankruptcy probability was computed on 24-10-2026 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
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
lowers risk · Liquidity: current ratio 7.36, cash €29,422
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €89,212 (89.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 4 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · 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.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €58,106
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Back in profit in 2025after -€2,895 in 2024 €58,106 View
  • Positive: Among the best 10% on solvencysector median 49.9% · 4,313 companies 89.5% View
  • Flemish supportawarded from 2024 to 2025 €50,000 View

By topic

Financials

Financial year
2025
Total assets
€99,708
Profit
€58,106
Solvency
89.5%
Total assets▼ 33.4%
Net result
20242025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 28-06-2024Incorporation
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Design of textile patterns, clothing, jewellery, furniture and…NACE 74111
Founded
26-06-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Annual meeting
Third Thursday of June at 14:00
Purpose
“Aankoop,ontwerp,vervaardiging,verkoop,verhuur,van…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about Halfwerk

What is the company number of Halfwerk?
1010.804.039. In Belgium the VAT number is the company number with BE in front: BE 1010.804.039.
Where is Halfwerk based?
The registered office is at Willemsstraat (Jan Frans) 13, 1800 Vilvoorde.Company details
What does Halfwerk do?
According to the KBO register, the main activity is design of textile patterns, clothing, jewellery, furniture and decorative items (NACE 74111).
What is the legal form of Halfwerk?
Private limited company (BV).
When was Halfwerk founded?
On 26-06-2024.
Is Halfwerk still active?
Yes, Halfwerk is an active enterprise in the KBO register.
What is the turnover of Halfwerk?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Halfwerk profitable?
In financial year 2025, Halfwerk made a profit of €58,106.
Where can I find the annual accounts of Halfwerk?
Halfwerk filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Halfwerk due?
By 31-07-2027, for financial year 2026.Timeline

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