HALLECO
ActiveHALLECO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▲+31
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.2 in 2024), but 64.5% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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
35.5%
Return on assets
20.7%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €71k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
27 d early
2023
27 d late
2022
28 d early
2021
12 d late
2020
26 d late
2019
93 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k▲ 477%
2024 · €7k
2018: €-19k
2019: €26k
2020: €-3k
2021: €11k
2022: €-3k
2023: €-5k
2024: €7k
2018 → 2025
Working capital
€46k▲ 165%
2024 · €17k
2018: €-15k
2019: €14k
2020: €12k
2021: €23k
2022: €12k
2023: €780
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€28k▼ 11.1%€22k▼ 19.4%€30k▲ 32.1%€71k▲ 140%
Operating result€19k-€324▼ 98.3%€-472€13k€61k▲ 370%
Net result€11k-€-3k€-5k▼ 55.9%€7k€42k▲ 477%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 370% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€67k▲ 166%
Current assets
€134k▲ 26.9%
Equity and liabilities €200k
Equity
€71k▲ 140%
Debt
€129k▲ 28.0%
The debt ratio falls from 77.3% to 64.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€77k▲
2024 · €28k
Cash flow
€57k▲
2024 · €22k
Solvency
35.5%▲
2024 · 22.7%
Current ratio
1.52▲
2024 · 1.20
Quick ratio
1.26▲
2024 · 0.95
Debt / equity
1.82▼
2024 · 3.41
ROE
58.4%▲
2024 · 24.3%
ROA
20.7%▲
2024 · 5.5%
Interest coverage
20.53▲
2024 · 10.07
Debt
€129k▲
2024 · €101k
Debt ≤ 1 year
€88k▼
2024 · €88k
Debt > 1 year
€35k▲
2024 · €13k
Income taxes
€16k▲
2024 · €3k
Staff costs
€87k▼
2024 · €90k
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€130k€200k▲
Fixed assets21/28€25k€67k▲
Tangible fixed assets22/27€19k€61k▲
Furniture and vehicles24€19k€61k▲
Financial fixed assets28€6k€6k=
Current assets29/58€105k€134k▲
Stocks and contracts in progress3€22k€23k▲
Stocks30/36€22k€23k▲
Amounts receivable within one year40/41€52k€52k▼
Trade receivables40€45k€40k▼
Other amounts receivable41€8k€12k▲
Cash at bank and in hand54/58€27k€51k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€130k€200k▲
Equity10/15€30k€71k▲
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-31k€11k▲
Amounts payable17/49€101k€129k▲
Amounts payable after more than one year17€13k€35k▲
Financial debts170/4€13k€35k▲
Amounts payable within one year42/48€88k€88k▼
Current portion of amounts payable after more than one year42€5k€14k▲
Trade debts44€56k€40k▼
Suppliers440/4€56k€40k▼
Taxes, remuneration and social security45€13k€31k▲
Taxes450/3€3k€18k▲
Remuneration and social security454/9€10k€12k▲
Other amounts payable47/48€15k€3k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Remuneration, social security and pensions62€90k€87k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€123k€170k▲
Operating profit (loss)9901€13k€61k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Non-recurring financial charges66B€452-
Profit (loss) for the period before taxes9903€10k€58k▲
Income taxes67/77€3k€16k▲
Profit (loss) for the period9904€7k€42k▲
Profit (loss) for the period to be appropriated9905€7k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€11k▲
Profit (loss) brought forward from the previous period14P€-38k€-31k▲
Social balance
Average headcount (FTE)90872.72.7=
The notes to these accounts (10 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €42k ▲477%
Operating result €61k, net result €42k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.35
Current ratio from 0.65 to 1.35; short-term debt falls from €43k to €41k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
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.
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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1993
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.
Faiderstraat 51060 Sint-Gillis (bij-Brussel)Ground area
727 m²
Building footprint
707 m²
Volume, LiDAR
4,970 m³
2 parcels, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Onafhankelijkheidstraat 210, 1080 Sint-Jans-Molenbeek
since 19932.063.065.383
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0793/00X004 | Brussels | 633 m² | 1 · 632 m² | 12.1 m · 2 fl. |
| 21013B0349/00Z000 | Brussels | 94 m² | 1 · 75 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ZEBRANO
BE 0476.868.826
Grimbergen · Eq €71k
XS-consulting
BE 0452.903.688
Wetteren · Eq €71k
PROXIWOOD
BE 0740.606.876
Gembloux · Eq €70k
TOPCLASS FURNITURE
BE 0435.964.223
Plombières · Eq €72k
Atelier 87
BE 0802.790.509
Wetteren · Eq €72k
Of 1,501 companies in sector 31004 we hold annual accounts for 621. 458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-1993
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
71112Activities of interior architects
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.