HALIM
ActiveSummary
HALIM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €680,770 and a net result of €39,515. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+6
Solvency77▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.14 in 2024; short-term debt: 33% and cash: 5.1% of total assets), and 47.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.3%
Return on assets
3%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
28 d early
2023
30 d early
2022
32 d early
2021
32 d early
2020
16 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39,515▲ 17.4%
2024 · €33,645
Working capital
-€359,954▲ 1.0%
2024 · -€363,603
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,435▲ 10.8%€67,291▲ 7.8%€75,584▲ 12.3%€81,123▲ 7.3%€85,968▲ 6.0%
Net result€37,093within the sector's middle half▼ 7.4%€41,857within the sector's middle half▲ 12.8%€35,723within the sector's middle half▼ 14.7%€33,645within the sector's middle half▼ 5.8%€39,515within the sector's middle half▲ 17.4%
Equity€530,030within the sector's middle half▲ 7.5%€571,888within the sector's middle half▲ 7.9%€607,611within the sector's middle half▲ 6.2%€641,255within the sector's middle half▲ 5.5%€680,770within the sector's middle half▲ 6.2%
Total assets€1.5mwithin the sector's middle half▼ 0.9%€1.4mwithin the sector's middle half▼ 0.7%€1.3mwithin the sector's middle half▼ 7.6%€1.3mwithin the sector's middle half▼ 1.4%€1.3mwithin the sector's middle half▼ 1.3%
Debt€926,753▼ 5.2%€874,816▼ 5.6%€729,843▼ 16.6%€677,725▼ 7.1%€620,434▼ 8.5%
Working capital-€324,162below the sector's middle half▲ 1.9%-€314,911below the sector's middle half▲ 2.9%-€373,046below the sector's middle half▼ 18.5%-€363,603below the sector's middle half▲ 2.5%-€359,954below the sector's middle half▲ 1.0%
Solvency36.4%within the sector's middle half▲ 2.9pp39.5%within the sector's middle half▲ 3.1pp45.4%within the sector's middle half▲ 5.9pp48.6%within the sector's middle half▲ 3.2pp52.3%within the sector's middle half▲ 3.7pp
Current ratio0.27below the sector's middle half▲ 0.020.30below the sector's middle half▲ 0.030.12below the sector's middle half▼ 0.180.14below the sector's middle half▲ 0.020.16below the sector's middle half▲ 0.02
Return on assets (ROA)2.5%within the sector's middle half▼ 0.2pp2.9%within the sector's middle half▲ 0.3pp2.7%within the sector's middle half▼ 0.2pp2.6%within the sector's middle half▼ 0.1pp3.0%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.2m ▼ 2.1%
Current assets
€69,114 ▲ 14.2%
Equity and liabilities €1.3m
Equity
€680,770 ▲ 6.2%
Debt
€620,434 ▼ 8.5%
Debt's share of the balance-sheet total falls from 51.4% to 47.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€112,358▲
2024 · €107,513
Cash flow
€65,905▲
2024 · €60,035
Debt to equity
0.91▼
2024 · 1.06
ROE
5.8%▲
2024 · 5.2%
Interest coverage
4.02▲
2024 · 3.38
Debt ≤ 1 year
€429,068▲
2024 · €424,103
Debt > 1 year
€165,750▼
2024 · €224,750
Income taxes
€18,472▲
2024 · €15,701
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,390 | €26,390 | €26,390 | €26,390 | €26,390 | = |
| Other operating charges640/8 | €7,152 | €7,406 | €8,644 | €8,422 | €8,761 | ▲ 4.0% |
| Gross operating margin9900 | €95,977 | €101,087 | €110,618 | €115,936 | €121,119 | ▲ 4.5% |
| Operating profit (loss)9901 | €62,435 | €67,291 | €75,584 | €81,123 | €85,968 | ▲ 6.0% |
| Financial income75/76B | €3 | €0 | - | - | - | - |
| Recurring financial income75 | €3 | €0 | - | - | - | - |
| Financial charges65/66B | €21,839 | €21,399 | €27,953 | €31,778 | €27,981 | ▼ 11.9% |
| Recurring financial charges65 | €21,839 | €21,399 | €27,953 | €31,778 | €27,981 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €40,600 | €45,892 | €47,631 | €49,346 | €57,987 | ▲ 17.5% |
| Income taxes67/77 | €3,506 | €4,035 | €11,908 | €15,701 | €18,472 | ▲ 17.6% |
| Profit (loss) for the period9904 | €37,093 | €41,857 | €35,723 | €33,645 | €39,515 | ▲ 17.4% |
| Profit (loss) for the period to be appropriated9905 | €37,093 | €41,857 | €35,723 | €33,645 | €39,515 | ▲ 17.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 1.3% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 2.1% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 2.1% |
| Land and buildings22 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 2.1% |
| Current assets29/58 | €119,134 | €135,444 | €52,583 | €60,500 | €69,114 | ▲ 14.2% |
| Amounts receivable within one year40/41 | €0 | €4,917 | €4,082 | €3,092 | €73 | ▼ 97.7% |
| Trade receivables40 | €0 | €3,951 | €25 | €0 | €73 | - |
| Other amounts receivable41 | - | €965 | €4,058 | €3,092 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €119,134 | €123,081 | €45,687 | €54,574 | €65,797 | ▲ 20.6% |
| Deferred charges and accrued income490/1 | - | €7,446 | €2,814 | €2,834 | €3,245 | ▲ 14.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.3m | €1.3m | €1.3m | ▼ 1.3% |
| Equity10/15 | €530,030 | €571,888 | €607,611 | €641,255 | €680,770 | ▲ 6.2% |
| Contributions10/11 | €305,000 | €305,000 | €305,000 | €305,000 | €305,000 | = |
| Capital10 | €305,000 | €305,000 | €305,000 | €305,000 | €305,000 | = |
| Issued capital100 | €305,000 | €305,000 | €305,000 | €305,000 | €305,000 | = |
| Reserves13 | €225,030 | €266,888 | €302,611 | €336,255 | €375,770 | ▲ 11.8% |
| Non-distributable reserves130/1 | €10,513 | €12,804 | €14,590 | €14,590 | €14,590 | = |
| Legal reserve130 | €10,513 | €12,804 | €14,590 | €14,590 | €14,590 | = |
| Distributable reserves133 | €214,517 | €254,083 | €288,020 | €321,665 | €361,180 | ▲ 12.3% |
| Amounts payable17/49 | €926,753 | €874,816 | €729,843 | €677,725 | €620,434 | ▼ 8.5% |
| Amounts payable after more than one year17 | €468,046 | €409,046 | €283,750 | €224,750 | €165,750 | ▼ 26.3% |
| Financial debts170/4 | €468,046 | €409,046 | €283,750 | €224,750 | €165,750 | ▼ 26.3% |
| Amounts payable within one year42/48 | €443,296 | €450,354 | €425,629 | €424,103 | €429,068 | ▲ 1.2% |
| Current portion of amounts payable after more than one year42 | €59,000 | €70,500 | €59,000 | €59,000 | €59,000 | = |
| Trade debts44 | €979 | €112 | €1,825 | €126 | €0 | ▼ 100% |
| Suppliers440/4 | €979 | €112 | €1,825 | €126 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €16,002 | €12,428 | €4,804 | €4,892 | €9,821 | ▲ 101% |
| Taxes450/3 | €16,002 | €12,428 | €4,804 | €4,892 | €9,821 | ▲ 101% |
| Other amounts payable47/48 | €367,315 | €367,315 | €360,000 | €360,085 | €360,248 | = |
| Accrued charges and deferred income492/3 | €15,411 | €15,415 | €20,464 | €28,872 | €25,616 | ▼ 11.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,093 | €41,857 | €35,723 | €33,645 | €39,515 | ▲ 17.4% |
| + Depreciation and write-downs630 | €26,390 | €26,390 | €26,390 | €26,390 | €26,390 | = |
| Operating cash flow (approximation) | €63,483 | €68,247 | €62,113 | €60,035 | €65,905 | ▲ 9.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,947 | -€77,395 | €8,887 | €11,223 | ▲ 26.3% |
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
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €41,857 ▲12.8%
Net result €41,857, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500,000Eq €530,030 ▲7.5%
3 profitable years in a row build equity to €530,030.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €193
Net result €193 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Beernem · 1 establishment unit since 1999
Ground area
1,996 m²
Building footprint
361 m²
Volume, LiDAR
1,864 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Noendreef 1 A, 8730 Beernem
since 19992.131.299.341
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0553/00X000 | Flanders | 1,856 m² | 1 · 222 m² | 8.5 m · 2 fl. |
| 31003D0557/00P002 | Flanders | 139 m² | 1 · 139 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 5,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464884079
Also
9925:BE0464884079
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.