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HALLCONCEPT

Active
Private limited companyfounded 200719 yrs activeRue Charles-Magnette 96, 4000 Liège, BelgiumKBO/BCE: BE 0887.679.563
Summary

HALLCONCEPT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,120) and a net result of €6,885. Equity is shrinking by ~40.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability21▲+21
Solvency19▲+19
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.16 in 2024; short-term debt: 16% and cash: 1.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-5.6%
Return on assets
1.4%
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
31 d early
2023
24 d early
2022
36 d early
2021
5 d early
2020
37 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

History

HALLCONCEPT was incorporated on 5 March 2007.1 Total assets rose from EUR 193,208 in 2018 to EUR 485,005 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6,885
2024 · -€20,945
Working capital
-€69,409▼ 104%
2024 · -€34,005
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
Line20212022202320242025
Operating result-€1,113▲ 56.0%-€34,133▼ 2,967%-€6,666▲ 80.5%-€20,119▼ 202%-€10,897▲ 45.8%
Net result-€2,058▲ 36.1%-€35,011▼ 1,601%-€9,037▲ 74.2%-€20,945▼ 132%€6,885
Equity€30,988▼ 6.2%-€4,023-€13,060▼ 225%-€34,005▼ 160%-€27,120▲ 20.2%
Total assets€173,813▼ 1.5%€143,498▼ 17.4%€132,117▼ 7.9%€6,569▼ 95.0%€485,005▲ 7,283%
Debt€142,825▼ 0.5%€147,521▲ 3.3%€145,177▼ 1.6%€40,574▼ 72.1%€512,124▲ 1,162%
Working capital€25,846▼ 6.4%-€8,863-€16,153▼ 82.3%-€34,005▼ 111%-€69,409▼ 104%
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2021: -€1,113-€1,113Net result 2021: -€2,058-€2,058Operating result 2022: -€34,133-€34,133Net result 2022: -€35,011-€35,011Operating result 2023: -€6,666-€6,666Net result 2023: -€9,037-€9,037Operating result 2024: -€20,119-€20,119Net result 2024: -€20,945-€20,945Operating result 2025: -€10,897-€10,897Net result 2025: €6,885€6,88520212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: -€6,666-€6,670Net result 2023: -€9,037-€9,040Operating result 2024: -€20,119-€20,100Net result 2024: -€20,945-€20,900Operating result 2025: -€10,897-€10,900Net result 2025: €6,885€6,890202320242025
The operating result stays negative: a loss of €10,897 in 2025 against €20,119 in 2024; the loss shrinks.
Balance-sheet composition
Assets €485,005
Fixed assets €476,968
Current assets €8,037
Key figures and ratios
2025 value · change against 2024
EBITDA
-€10,865
Cash flow
€6,917
Solvency
-5.6%▲
2024 · -517.6%
Current ratio
0.10▼
2024 · 0.16
Debt to equity
-18.88▼
2024 · -1.19
ROA
1.4%▲
2024 · -318.8%
Interest coverage
-16.27
Debt ≤ 1 year
€77,446▲
2024 · €40,574
Debt > 1 year
€434,678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 522 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Small
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
3.6% went bankrupt
1.7% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 522 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€6,569€485,005▲
Fixed assets21/28-€476,968
Tangible fixed assets22/27-€476,968
Land and buildings22-€476,968
Current assets29/58€6,569€8,037▲
Amounts receivable within one year40/41€4,785€890▼
Trade receivables40€4,190€890▼
Other amounts receivable41€595-
Cash at bank and in hand54/58€1,784€7,147▲
Equity and liabilities
Total equity and liabilities10/49€6,569€485,005▲
Equity10/15-€34,005-€27,120▲
Contributions10/11€22,000€22,000=
Profit (loss) carried forward14-€56,005-€49,120▲
Amounts payable17/49€40,574€512,124▲
Amounts payable after more than one year17-€434,678
Financial debts170/4-€434,678
Amounts payable within one year42/48€40,574€77,446▲
Current portion of amounts payable after more than one year42-€15,322
Other amounts payable47/48€40,574€62,124▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32
Other operating charges640/8€711€1,095▲
Gross operating margin9900-€19,409-€9,770▲
Operating profit (loss)9901-€20,119-€10,897▲
Financial income75/76B€0€18,450▲
Recurring financial income75€0€18,450▲
Financial charges65/66B€826€668▼
Recurring financial charges65€826€668▼
Profit (loss) for the period before taxes9903-€20,945€6,885▲
Profit (loss) for the period9904-€20,945€6,885▲
Profit (loss) for the period to be appropriated9905-€20,945€6,885▲
Appropriation of the result
Profit (loss) to be appropriated9906-€56,005-€49,120▲
Profit (loss) brought forward from the previous period14P-€35,060-€56,005▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€303€303€303-€32-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€56,255----
Other operating charges640/8€215€348€3,381€711€1,095▲ 54.1%
Gross operating margin9900-€596€22,772-€2,982-€19,409-€9,770▲ 49.7%
Operating profit (loss)9901-€1,113-€34,133-€6,666-€20,119-€10,897▲ 45.8%
Financial income75/76B---€0€18,450▲ 184,499,900%
Recurring financial income75---€0€18,450▲ 184,499,900%
Financial charges65/66B€945€878€2,371€826€668▼ 19.2%
Recurring financial charges65€945€878€2,371€826€668▼ 19.2%
Profit (loss) for the period before taxes9903-€2,058-€35,011-€9,037-€20,945€6,885▲ 133%
Profit (loss) for the period9904-€2,058-€35,011-€9,037-€20,945€6,885▲ 133%
Profit (loss) for the period to be appropriated9905-€2,058-€35,011-€9,037-€20,945€6,885▲ 133%
Line20212022202320242025Change
Assets
Total assets20/58€173,813€143,498€132,117€6,569€485,005▲ 7,283%
Fixed assets21/28€5,143€4,840€4,538-€476,968-
Tangible fixed assets22/27€5,143€4,840€4,538-€476,968-
Land and buildings22€5,143€4,840€4,538-€476,968-
Current assets29/58€168,671€138,658€127,580€6,569€8,037▲ 22.3%
Stocks and contracts in progress3€156,255€100,000€100,000---
Stocks30/36€156,255€100,000€100,000---
Amounts receivable within one year40/41€3,689€7,140€503€4,785€890▼ 81.4%
Trade receivables40€3,282€6,946-€4,190€890▼ 78.8%
Other amounts receivable41€407€194€503€595--
Cash at bank and in hand54/58€8,727€31,518€27,076€1,784€7,147▲ 301%
Equity and liabilities
Total equity and liabilities10/49€173,813€143,498€132,117€6,569€485,005▲ 7,283%
Equity10/15€30,988-€4,023-€13,060-€34,005-€27,120▲ 20.2%
Contributions10/11€20,000€20,000€22,000€22,000€22,000=
Reserves13€2,000€2,000----
Non-distributable reserves130/1€2,000€2,000----
Reserves not available under the articles1311€2,000€2,000----
Profit (loss) carried forward14€8,988-€26,023-€35,060-€56,005-€49,120▲ 12.3%
Amounts payable17/49€142,825€147,521€145,177€40,574€512,124▲ 1,162%
Amounts payable after more than one year17----€434,678-
Financial debts170/4----€434,678-
Amounts payable within one year42/48€142,825€147,521€143,732€40,574€77,446▲ 90.9%
Current portion of amounts payable after more than one year42----€15,322-
Trade debts44€220€4,342€1,127---
Suppliers440/4€220€4,342€1,127---
Taxes, remuneration and social security45-€575----
Taxes450/3-€575----
Other amounts payable47/48€142,605€142,605€142,605€40,574€62,124▲ 53.1%
Accrued charges and deferred income492/3--€1,444---
Line20212022202320242025Change
Profit (loss) for the period9904-€2,058-€35,011-€9,037-€20,945€6,885▲ 133%
+ Depreciation and write-downs630€303€303€303-€32-
Operating cash flow (approximation)-€1,755-€34,709-€8,734-€20,945€6,917▲ 133%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€22,791-€4,442-€25,292€5,362▲ 121%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €6,885
Net result €6,885 after 6 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€35,011
Net result drops to -€35,011, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
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, Liège · 1 establishment unit since 2008
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 Charles-Magnette 964000 Liège
1 establishment unit
HALL CONCEPT
Rue Charles-Magnette 96, 4000 LiègeReal estate development
since 20082.173.630.834

Structure & network

Owners and holdings

3 owners

Owners 3

Holdings 0

The accounts to 31-12-2021 list no holdings, and no other source names one.

According to the 2021 annual accounts of HALLCONCEPT and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-03-2007
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0887679563
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.