HALIN ROLAND
ActiveHALIN ROLAND has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €-44k. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 48% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency52▼-4
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.49 against 0.58 in 2024), and 59.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€44k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
61 d late
2023
86 d late
2022
92 d late
2021
92 d late
2020
61 d late
2019
146 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-44k▲ 32.5%
2024 · €-65k
2019: €209k
2020: €295k
2021: €-56k
2022: €-51k
2023: €-91k
2024: €-65k
2019 → 2025
Working capital
€-111k▼ 20.4%
2024 · €-92k
2019: €68k
2020: €375k
2021: €292k
2022: €153k
2023: €-14k
2024: €-92k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€471k-€420k▼ 10.9%€329k▼ 21.6%€264k▼ 19.8%€220k▼ 16.7%
Operating result€-53k-€-49k▲ 6.8%€-84k▼ 70.1%€-64k▲ 24.0%€-42k▲ 33.2%
Net result€-56k-€-51k▲ 9.1%€-91k▼ 76.8%€-65k▲ 28.0%€-44k▲ 32.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2025 against €64k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets
€433k▼ 10.2%
Current assets
€105k▼ 18.9%
Equity and liabilities €538k
Equity
€220k▼ 16.7%
Debt
€318k▼ 8.5%
The debt ratio rises from 56.8% to 59.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€12k▲
2024 · €-5k
Cash flow
€11k▲
2024 · €-7k
Solvency
40.9%▼
2024 · 43.2%
Current ratio
0.49▼
2024 · 0.58
Quick ratio
0.25▼
2024 · 0.29
Debt / equity
1.45▲
2024 · 1.32
ROE
-20.0%▲
2024 · -24.7%
ROA
-8.2%▲
2024 · -10.7%
Interest coverage
7.79▲
2024 · -3.11
Debt
€318k▼
2024 · €347k
Debt ≤ 1 year
€215k▼
2024 · €221k
Debt > 1 year
€103k▼
2024 · €126k
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€611k€538k▼
Fixed assets21/28€482k€433k▼
Tangible fixed assets22/27€482k€433k▼
Land and buildings22€367k€338k▼
Plant, machinery and equipment23€113k€94k▼
Furniture and vehicles24€2k€373▼
Current assets29/58€129k€105k▼
Stocks and contracts in progress3€64k€52k▼
Stocks30/36€64k€52k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40-€2k
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€54k€51k▼
Deferred charges and accrued income490/1€7k€201▼
Equity and liabilities
Total equity and liabilities10/49€611k€538k▼
Equity10/15€264k€220k▼
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Reserves13€250k€250k=
Distributable reserves133€250k€250k=
Profit (loss) carried forward14€-6k€-50k▼
Amounts payable17/49€347k€318k▼
Amounts payable after more than one year17€126k€103k▼
Financial debts170/4€126k€103k▼
Amounts payable within one year42/48€221k€215k▼
Current portion of amounts payable after more than one year42€219k€20k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€270€1k▲
Taxes450/3€270€1k▲
Other amounts payable47/48-€193k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€55k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€160
Gross operating margin9900€-2k€17k▲
Operating profit (loss)9901€-64k€-42k▲
Financial income75/76B€4€16▲
Recurring financial income75€4€16▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-65k€-44k▲
Profit (loss) for the period9904€-65k€-44k▲
Profit (loss) for the period to be appropriated9905€-65k€-44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-50k▼
Profit (loss) brought forward from the previous period14P€59k€-6k▼
The notes to these accounts (6 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 86 days late
2023
31-12
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 13.47
Current ratio from 3.73 to 13.47; short-term debt falls from €137k to €23k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2019net €295k ▲41.4%
Operating result €408k, net result €295k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.73
Current ratio from 1.31 to 3.73; short-term debt falls from €224k to €137k.
31-12
Financial
Equity above €500kEq €524k ▲129%
2 profitable years in a row build equity to €524k.
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 146 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Musson · 3 establishment units since 2019
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.
Rue de France 306750 MussonGround area
4,659 m²
Building footprint
377 m²
Volume, LiDAR
1,179 m³
3 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Rue de France 30, 6750 Musson
since 20192.295.637.929
Rue Palgé 42, 6750 Musson
since 20192.295.638.028
Vignoble de la Haie des Morts
since 20212.358.713.564
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85026B2030/00B000 | Wallonia | 2,604 m² | 1 · 145 m² | 6.5 m · 2 fl. |
| 85026B0663/00A000 | Wallonia | 1,619 m² | 1 · 88 m² | 6.1 m · 2 fl. |
| 85026C0886/00C000 | Wallonia | 436 m² | 1 · 144 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
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
1 siteMusson2.358.713.564
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Of 1,551 companies in sector 02200 we hold annual accounts for 448. 331 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2019
Fiscal year end31-12
Activities, NACEBEL
02200Logging
01210Crop and animal production, hunting and related service activities
02400Forestry and logging
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.