Summary
Haliko is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €570,106 and a net result of €13,797. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 84% of 3,022 sector peers (NACE 64, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €570,106
- Profit
- €13,797
- Largest shareholder
- STEVI · 33.27%
- Holdings
- 1
- Koenraad VuylstekeDirector
- Lieven VuylstekeDirector
- Stevi BVManaging director · permanent representative Ann Seurynck
Signalsraises risk2025 accounts filed 23 days latelowers riskGrowing equityShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Reappointments: Koenraad Vuylsteke (director) and Lieven…Resignations: Hans Vuylsteke (director) and…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, full format
2025 annual accounts filed late (23 days) Filed on 23 July 2026, deadline 30 June 2026 (7 months after the close on 30 November 2025, Companies Code art. 3:10). Source: NBB, 2026-00323011.
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2025 Net result -92% on 2024. The accounts now follow the full format, last year the abbreviated format.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | €0 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €977 | €980 | €1,067 | €561 | €526 | ▼ 6.2% |
| Gross operating margin9900 | €13,109 | €535,177 | €356,853 | €18,684 | €18,876 | €10,403 | €12,159 | €14,709 | ▲ 21.0% |
| Operating profit (loss)9901 | €12,136 | €534,202 | €355,958 | €17,707 | €17,896 | €9,336 | €11,598 | €14,182 | ▲ 22.3% |
| Financial income75/76B | - | - | - | - | €701,508 | €103,903 | €172,205 | €129 | ▼ 99.9% |
| Recurring financial income75 | €11,959 | €0 | €0 | - | €701,508 | €103,903 | €172,205 | €129 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €12,924 | €9,550 | €5,437 | €528 | €514 | ▼ 2.6% |
| Recurring financial charges65 | €28,442 | €26,421 | €15,753 | €12,924 | €9,550 | €5,437 | €528 | €514 | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | -€4,347 | €507,781 | €340,205 | €4,783 | €709,853 | €107,802 | €183,275 | €13,797 | ▼ 92.5% |
| Income taxes67/77 | €0 | €0 | €0 | - | - | - | €0 | €0 | = |
| Profit (loss) for the period9904 | -€4,347 | €507,781 | €340,205 | €4,783 | €709,853 | €107,802 | €183,275 | €13,797 | ▼ 92.5% |
| Profit (loss) for the period to be appropriated9905 | -€4,347 | €507,781 | €340,205 | €4,783 | €709,853 | €107,802 | €183,275 | €13,797 | ▼ 92.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.4m | €2.6m | €2.0m | €1.4m | €0.8m | €0.7m | €0.6m | €0.6m | ▲ 2.0% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €2.4m | €2.1m | €1.9m | €1.4m | €0.7m | €0.7m | €0.6m | €0.6m | = |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.2m | - | - | - | - | - | - | - |
| Financial fixed assets28 | €1.9m | €1.9m | €1.9m | €1.4m | €0.7m | €0.7m | €0.6m | €0.6m | = |
| Current assets29/58 | €0.02m | €0.5m | €0.07m | €0.02m | €0.2m | €0.02m | €0.02m | €0.03m | ▲ 60.1% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.03m | €0.02m | €0.2m | €0.02m | €0.02m | €0.03m | ▲ 60.3% |
| Trade receivables40 | - | - | - | €0.02m | €0 | €0.02m | €0.02m | €0.02m | = |
| Other amounts receivable41 | - | - | - | - | €0.2m | €0 | €0.004m | €0.02m | ▲ 279% |
| Current investments50/53 | €0 | €0 | €69 | €69 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €198 | €0.5m | €0.04m | €153 | €95 | €199 | €94 | €126 | ▲ 34.6% |
| Deferred charges and accrued income490/1 | - | - | - | €9 | €83 | €10 | €33 | €45 | ▲ 36.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.4m | €2.6m | €2.0m | €1.4m | €0.8m | €0.7m | €0.6m | €0.6m | ▲ 2.0% |
| Equity10/15 | €0.5m | €0.7m | €1.1m | €0.5m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 2.5% |
| Contributions10/11 | €0.1m | €0.1m | €0.06m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Contributions outside capital11 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Share premium1100/10 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Revaluation surpluses12 | - | - | - | €0.8m | €0.09m | €0.09m | €0 | - | - |
| Reserves13 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | -€1.4m | -€1.2m | -€0.9m | -€0.9m | -€0.4m | -€0.3m | -€0.08m | -€0.07m | ▲ 16.4% |
| Amounts payable17/49 | €1.8m | €1.8m | €0.9m | €0.8m | €0.5m | €0.2m | €0.04m | €0.03m | ▼ 6.3% |
| Amounts payable within one year42/48 | €1.8m | €1.8m | €0.9m | €0.8m | €0.5m | €0.2m | €0.04m | €0.03m | ▼ 6.3% |
| Trade debts44 | - | - | €0.002m | €0.003m | €0.004m | €0.001m | €0.003m | €0.001m | ▼ 83.0% |
| Suppliers440/4 | - | - | - | €0.003m | €0.004m | €0.001m | €0.003m | €0.001m | ▼ 83.0% |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.5m | €0.2m | €0.03m | €0.03m | ▲ 1.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,347 | €507,781 | €340,205 | €4,783 | €709,853 | €107,802 | €183,275 | €13,797 | ▼ 92.5% |
| + Depreciation and write-downs630 | €0 | €0 | €0 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,347 | €507,781 | €340,205 | €4,783 | €709,853 | €107,802 | €183,275 | €13,797 | ▼ 92.5% |
| Investment in fixed assets (approximation) | - | €270,015 | €180,010 | €551,517 | €699,647 | €0 | €93,363 | €0 | ▼ 100% |
| Change in cash | - | €482,653 | -€447,104 | -€35,594 | -€58 | €104 | -€105 | €32 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-11-2025 | full format | 23-07-2026 | 2026-00323011 |
| 30-11-2024 | abbreviated format | 23-07-2025 | 2025-00305707 |
| 30-11-2023 | abbreviated format | 16-07-2024 | 2024-00251200 |
| 30-11-2022 | abbreviated format | 19-07-2023 | 2023-00250566 |
| 30-11-2021 | abbreviated format | 20-07-2022 | 2022-20206156 |
| 30-11-2020 | abbreviated format | 14-07-2021 | 2021-35600270 |
| 30-11-2019 | abbreviated format | 30-07-2020 | 2020-37100435 |
| 30-11-2018 | abbreviated format | 28-06-2019 | 2019-24800589 |
| 30-11-2017 | abbreviated format | 26-07-2018 | 2018-38100202 |
| 30-11-2016 | abbreviated format | 27-07-2017 | 2017-37300055 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Koenraad Vuylsteke |
|
| Lieven Vuylsteke |
|
| Stevi BV |
|
| Hans Vuylsteke |
|
| BEST MERCHANDISING BV |
|
Owners and capital
Owners
3 ownersOwners 3
-
33.27%
-
33.27%
-
32.99%
According to the annual accounts to 30-11-2025 of Haliko and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 04-12-2023 Capital stated in the deed · €142,563.58 · 2,522 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
99.95%
According to the annual accounts to 30-11-2025 of Haliko and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
3 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
13-11
Gazette deed
Reappointments: Koenraad Vuylsteke (director) and Lieven Vuylsteke (director)Resignations: Hans Vuylsteke (director) and BV BEST MERCHANDISING (director) · Permanent representatives: Hans Vuylsteke and Ann Seurynck · Appointment: BV STEVI (director)12 facts ▸
- General meeting, 17-10-2025
- Director reappointment, Koenraad Vuylsteke (director (not named in the articles))
- Director reappointment, Lieven Vuylsteke (director (not named in the articles))
- Director resignation, Hans Vuylsteke (director (not named in the articles))
- Director resignation, BV BEST MERCHANDISING (director (not named in the articles))
- Permanent representative, Hans Vuylsteke
- Director appointment, BV STEVI (director (not named in the articles))
- Permanent representative, Ann Seurynck
- Board meeting, 16-10-2025
- Director resignation, Hans Vuylsteke (managing director)
- Director appointment, BV STEVI (managing director)
- Power of attorney, BV DECAVAN
04-12
Gazette deed
Amendment of the articlesRegistered office clause · Capital · Power of attorney5 facts ▸
- General meeting, 22-11-2023
- Registered office clause, “Vlaams Gewest, Kruiswegestraat 5:8700 Tielt” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €142,563.58
- Power of attorney
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37004C0604/00S005 | Flanders | 4,432 m² | 1 · 291 m² | 10.3 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het beheren van roerende en onroerende waarden; Het verlenen van diensten op administratief en commercieel vlak; Het vervullen van mandaten…” (deed in Dutch)
4 activities (deed in Dutch)
- Het beheren van roerende en onroerende waarden
- Het verlenen van diensten op administratief en commercieel vlak
- Het vervullen van mandaten van bestuurder
- Het produceren, uitbaten, verhandelen, invoeren en uitvoeren van alle goederen en diensten, welke met haar voorwerp verband houden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- HALIKO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bijhuizen exploitatiezetels administratieve zetels filialen agentschappen in België en buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Gewone algemene vergadering in boekjaar waarin mandaat volgens benoemingsbesluit verstrijkt tenzij benoemingsbesluit anders bepaalt…” (deed in Dutch)“Algemene vergadering kan bij gewone meerderheid stemmen beslissen aan bepaalde bestuurders bezoldiging toe te kennen, onbezoldigd” (deed in Dutch)1 more provision on this in the deed
- Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
- “Vaste vertegenwoordiger” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding-vereffening-verdeling liquidatiesaldo, enige vereffenaar of elke vereffenaar individueel handelend zo er meerderen zijn” (deed in Dutch)