HalinP
ActiveSummary
HalinP has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €-14k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-71
Solvency63▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.67 in 2023; short-term debt: 62% and cash: 35.2% of total assets), and 62% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38%
Return on assets
-20.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
1 d early
2022
24 d early
2021
52 d early
2020
32 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€25k▼ 35.1%
2023 · €39k
Total assets
€66k▼ 5.1%
2023 · €70k
Net result
€-14k
2023 · €1k
Working capital
€12k▼ 39.5%
2023 · €19k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€24k▲ 409%€9k▼ 61.7%€933▼ 89.9%€2k▲ 127%€-12k
Net result€19k▲ 470%€6k▼ 68.3%€-833€1k€-14k
Equity€32k▲ 148%€38k▲ 18.9%€37k▼ 2.2%€39k▲ 3.0%€25k▼ 35.1%
Total assets€69k▲ 25.6%€69k▼ 0.1%€68k▼ 1.8%€70k▲ 2.2%€66k▼ 5.1%
Debt€37k▼ 12.0%€31k▼ 16.6%€31k▼ 1.3%€31k▲ 1.3%€41k▲ 32.2%
Working capital€4€9k▲ 206,765%€14k▲ 60.5%€19k▲ 41.4%€12k▼ 39.5%
Staff (FTE)1.4▼ 17.6%0.8▼ 42.9%0.8=0.8=2▲ 150%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €2k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€13k ▼ 36.9%
Current assets
€53k ▲ 8.8%
Equity and liabilities €66k
Equity
€25k ▼ 35.1%
Debt
€41k ▲ 32.2%
Debt's share of the balance-sheet total rises from 44.5% to 62.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2023 · €10k
Cash flow
€-6k▼
2023 · €9k
Current ratio
1.29▼
2023 · 1.67
Quick ratio
1.20▼
2023 · 1.54
Debt to equity
1.63▲
2023 · 0.80
ROE
-54.0%▼
2023 · 2.9%
ROA
-20.5%▼
2023 · 1.6%
Interest coverage
-2.97▼
2023 · 9.37
Debt ≤ 1 year
€41k▲
2023 · €29k
Debt > 1 year
€0▼
2023 · €2k
Income taxes
€0▼
2023 · €23
Staff costs
€47k▲
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €11k | €15k | €20k | €47k | ▲ 139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €8k | €8k | €8k | ▼ 6.2% |
| Other operating charges640/8 | - | €4k | €9k | €6k | €4k | ▼ 37.0% |
| Gross operating margin9900 | €45k | €34k | €33k | €36k | €46k | ▲ 28.9% |
| Operating profit (loss)9901 | €24k | €9k | €933 | €2k | €-12k | ▼ 671% |
| Financial income75/76B | - | €55 | €19 | €144 | €18 | ▼ 87.8% |
| Recurring financial income75 | €7 | €55 | €19 | €144 | €18 | ▼ 87.8% |
| Financial charges65/66B | - | €2k | €2k | €1k | €1k | ▲ 29.7% |
| Recurring financial charges65 | €1k | €2k | €2k | €1k | €1k | ▲ 29.7% |
| Profit (loss) for the period before taxes9903 | €23k | €7k | €-887 | €1k | €-14k | ▼ 1,278% |
| Income taxes67/77 | €4k | €1k | €-54 | €23 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €19k | €6k | €-833 | €1k | €-14k | ▼ 1,302% |
| Profit (loss) for the period to be appropriated9905 | €19k | €6k | €-833 | €1k | €-14k | ▼ 1,302% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €69k | €68k | €70k | €66k | ▼ 5.1% |
| Formation expenses20 | €418 | €123 | €0 | - | - | - |
| Fixed assets21/28 | €45k | €36k | €28k | €21k | €13k | ▼ 36.9% |
| Tangible fixed assets22/27 | €43k | €34k | €26k | €19k | €12k | ▼ 40.3% |
| Plant, machinery and equipment23 | - | €5k | €4k | €3k | €2k | ▼ 27.3% |
| Furniture and vehicles24 | - | €10k | €7k | €4k | €833 | ▼ 80.6% |
| Other tangible fixed assets26 | - | €19k | €16k | €12k | €9k | ▼ 29.2% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €24k | €33k | €40k | €48k | €53k | ▲ 8.8% |
| Stocks and contracts in progress3 | €3k | €3k | €3k | €4k | €3k | ▼ 7.4% |
| Stocks30/36 | - | €3k | €3k | €4k | €3k | ▼ 7.4% |
| Amounts receivable within one year40/41 | €10k | €21k | €21k | €22k | €26k | ▲ 18.1% |
| Trade receivables40 | - | €21k | €20k | €22k | €26k | ▲ 19.4% |
| Other amounts receivable41 | - | - | €511 | €237 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €12k | €9k | €10k | €17k | €23k | ▲ 37.1% |
| Deferred charges and accrued income490/1 | - | €79 | €6k | €6k | €79 | ▼ 98.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €69k | €68k | €70k | €66k | ▼ 5.1% |
| Equity10/15 | €32k | €38k | €37k | €39k | €25k | ▼ 35.1% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €40 | €40 | €40 | €40 | €40 | = |
| Non-distributable reserves130/1 | - | €40 | €40 | €40 | €40 | = |
| Reserves not available under the articles1311 | - | €40 | €40 | €40 | €40 | = |
| Profit (loss) carried forward14 | €20k | €26k | €25k | €26k | €13k | ▼ 51.7% |
| Amounts payable17/49 | €37k | €31k | €31k | €31k | €41k | ▲ 32.2% |
| Amounts payable after more than one year17 | €13k | €6k | €4k | €2k | €0 | ▼ 100% |
| Financial debts170/4 | - | €6k | €4k | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €24k | €25k | €26k | €29k | €41k | ▲ 40.9% |
| Current portion of amounts payable after more than one year42 | - | €6k | €2k | €2k | €2k | ▼ 15.1% |
| Trade debts44 | €3k | €14k | €23k | €24k | €27k | ▲ 13.3% |
| Suppliers440/4 | - | €14k | €23k | €24k | €27k | ▲ 13.3% |
| Taxes, remuneration and social security45 | - | €3k | €2k | €2k | €11k | ▲ 382% |
| Taxes450/3 | - | €2k | €2k | €42 | €748 | ▲ 1,694% |
| Remuneration and social security454/9 | - | €285 | €0 | €2k | €10k | ▲ 358% |
| Other amounts payable47/48 | - | €1k | €52 | €645 | €841 | ▲ 30.4% |
| Accrued charges and deferred income492/3 | - | - | €2 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €6k | €-833 | €1k | €-14k | ▼ 1,302% |
| + Depreciation and write-downs630 | €6k | €9k | €8k | €8k | €8k | ▼ 6.2% |
| Operating cash flow (approximation) | €25k | €15k | €8k | €9k | €-6k | ▼ 161% |
| Investment in fixed assets (approximation) | - | €-295 | €-316 | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-3k | €1k | €7k | €6k | ▼ 9.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19k ▲470%
Operating result €24k, net result €19k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oupeye · 1 establishment unit since 2017
Ground area
2,015 m²
Building footprint
219 m²
Volume, LiDAR
1,642 m³
2 parcels, Wallonia · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue Gérardrie 31, 4000 Liège
since 20172.264.080.958
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62052A0091/00H000 | Wallonia | 1,945 m² | 1 · 152 m² | 8.7 m · 2 fl. |
| 62063A0180/00A000 | Wallonia | 70 m² | 1 · 67 m² | 16.8 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.264.080.958
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Of 3,824 companies in sector 47210 we hold annual accounts for 965. 736 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
Scores and ratios are computed by Checked and are not a credit decision.