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Hallaert Elektriciteit

Active
Private limited companyfounded 200620 yrs activeGeuzestraat 28, 9910 Aalter, BelgiumKBO/BCE: BE 0879.576.895

Hallaert Elektriciteit has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €12k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-11
Solvency59▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.34 in 2024; short-term debt: 62.3% and cash: 6.2% of total assets), and 66.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
1 d early
2023
8 d early
2022
1 d early
2021
on the day
2020
2 d early
2019
27 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€47k▲ 34.2%
2024 · €35k
2019: €25k 2020: €24k 2021: €34k 2022: €34k 2023: €35k 2024: €35k
2019 → 2025
Total assets
€139k▲ 17.3%
2024 · €119k
2019: €54k 2020: €49k 2021: €58k 2022: €92k 2023: €104k 2024: €119k
2019 → 2025
Net result
€12k▼ 40.5%
2024 · €20k
2019: €4k 2020: €-2k 2021: €11k 2022: €-629 2023: €1k 2024: €20k
2019 → 2025
Working capital
€39k▲ 51.0%
2024 · €26k
2019: €20k 2020: €20k 2021: €32k 2022: €31k 2023: €28k 2024: €26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€34k-€34k▼ 1.8%€35k▲ 3.5%€35k=€47k▲ 34.2%
Operating result€12k-€263▼ 97.9%€2k▲ 799%€29k▲ 1,125%€19k▼ 35.6%
Net result€11k-€-629€1k€20k▲ 1,612%€12k▼ 40.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €12k€12kNet result 2021: €11k€11kOperating result 2022: €263€263Net result 2022: €-629€-629Operating result 2023: €2k€2kNet result 2023: €1k€1kOperating result 2024: €29k€29kNet result 2024: €20k€20kOperating result 2025: €19k€19kNet result 2025: €12k€12k20212022202320242025
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets €14k▼ 23.0%
Current assets €125k▲ 24.6%
Equity and liabilities €139k
Equity €47k▲ 34.2%
Debt €92k▲ 10.3%
The debt ratio falls from 70.5% to 66.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26k
2024 · €36k
Cash flow
€19k
2024 · €27k
Solvency
33.7%
2024 · 29.5%
Current ratio
1.45
2024 · 1.34
Quick ratio
1.43
2024 · 1.33
Debt / equity
1.97
2024 · 2.39
ROE
25.5%
2024 · 57.5%
ROA
8.6%
2024 · 16.9%
Interest coverage
8.42
2024 · 7.35
Debt
€92k
2024 · €84k
Debt ≤ 1 year
€87k
2024 · €75k
Debt > 1 year
€6k
2024 · €9k
Income taxes
€7k
2024 · €7k
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€119k€139k
Fixed assets21/28€18k€14k
Tangible fixed assets22/27€18k€14k
Plant, machinery and equipment23€6k€6k
Furniture and vehicles24€12k€8k
Financial fixed assets28€150€150=
Current assets29/58€101k€125k
Stocks and contracts in progress3€1k€1k
Stocks30/36€1k€1k
Amounts receivable within one year40/41€68k€108k
Trade receivables40€19k€56k
Other amounts receivable41€49k€51k
Cash at bank and in hand54/58€17k€9k
Deferred charges and accrued income490/1€14k€8k
Equity and liabilities
Total equity and liabilities10/49€119k€139k
Equity10/15€35k€47k
Contributions10/11€12k€12k=
Reserves13€23k€35k
Distributable reserves133€23k€35k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€84k€92k
Amounts payable after more than one year17€9k€6k
Financial debts170/4€9k€6k
Amounts payable within one year42/48€75k€87k
Current portion of amounts payable after more than one year42€3k€3k
Financial debts43€1k€0
Credit institutions430/8€1k€0
Trade debts44€28k€58k
Suppliers440/4€28k€58k
Taxes, remuneration and social security45€23k€25k
Taxes450/3€21k€23k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€20k€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Other operating charges640/8€3k€3k
Non-recurring operating charges66A-€748
Gross operating margin9900€38k€30k
Operating profit (loss)9901€29k€19k
Financial income75/76B€3k€3k
Recurring financial income75€3k€3k
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€27k€19k
Income taxes67/77€7k€7k
Profit (loss) for the period9904€20k€12k
Profit (loss) for the period to be appropriated9905€20k€12k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€12k
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€0€12k
To other reserves6921€0€12k
Profit to be distributed694/7€20k€0
Return on contributions (dividend)694€20k€0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
18-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €20k ▲1612%
Operating result €29k, net result €20k, both a record.
23-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet €-2k ▼137%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
27-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
14-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Aalter · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Geuzestraat 289910 Aalter
Ground area
993 m²
Building footprint
228 m²
Volume, LiDAR
1,162 m³
Parcel 44029A0480/00G000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hallaert Elektriciteit BVBA
Geuzestraat 28, 9910 AalterNACE 7414201
since 20062.152.262.427
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44029A0480/00G000 Flanders 993 m² 1 · 228 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,515 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-02-2006
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0487 22 40 95
Establishment Aalter 2.152.262.427