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HALLET-REMACLE

Active
Private limited companyfounded 1991active for 35 yearsRue du Halage 39b, 4920 Aywaille, BelgiumKBO/BCE: BE 0442.943.867
Summary

The computed 12-month bankruptcy probability of HALLET-REMACLE is 3.8% (moderate). The 2025 annual accounts show negative equity (-€2,095) and a net result of -€5,541. Equity is shrinking by about 53% per year across the filed financial years. The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€15,111total assets 2025
Equity
-€2,095
Loss
-€5,541
Turnover not published (micro format)
Financial health
46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.8%
Structure
Accounts filed 39 days late0 of 1 deed read
Why 46raises riskSector: Specialised construction activities (NACE 43)Loss of €5,541 (financial year 2025)Latest accounts 39 days late; 3 of the last 3 latelowers riskSize: total assets €15,111Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 3% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 11-30
equity -13.9% of total assets
Liquidity 0-5
short-term debt 110.3% · cash 0.1%
Profitability 0-64
return on assets -36.7%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,581 companies, NACE 43, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.2%● unchanged vs 11-2024 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.1%▼ -0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.4 percentage points vs 06-2025 08-2025: 2.9%▲ +0.4 percentage points vs 07-2025 09-2025: 2.8%▼ -0.1 percentage points vs 08-2025 10-2025: 3.0%▲ +0.2 percentage points vs 09-2025 11-2025: 1.8%▼ -1.2 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.9 percentage points vs 07-2026 09-2026: 3.1%▲ +0.3 percentage points vs 08-2026 10-2026: 3.8%▲ +0.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.91, compared with 1.16 in 2024, below 1; short-term debt: 110.3% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 6% on solvency, 1% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €15,111
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Loss of €5,541 (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 39 days late; 3 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2,095
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
39 days late
2024
70 days late
2023
36 days late
2022
79 days late
2021
79 days late
2020
75 days late
2019
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 October (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €100

Financials · financial year 2025, micro format

2025 annual accounts filed late (39 days) Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509573.

Equity
-€2,095
2024 · €3,445
Total assets
€15,111▼ 28.8%
2024 · €21,233
Net result
-€5,541
2024 · €100
Working capital
-€1,562
2024 · €2,826
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €3,608 after €1,556 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,608 2025 Net result-€5,541 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€2,732-€9,102€2,882▼ 68.3%-€25,939-€10,529▲ 59.4%-€3,054▲ 71.0%€1,556-€3,608
Net result-€2,290-€8,405€4,527▼ 46.1%-€25,977-€11,222▲ 56.8%-€4,291▲ 61.8%€100-€5,541
Equity€39,904-€40,309▲ 1.0%€44,836▲ 11.2%€18,859▼ 57.9%€7,637▼ 59.5%€3,346▼ 56.2%€3,445▲ 3.0%-€2,095
Total assets€66,791-€85,713▲ 28.3%€77,801▼ 9.2%€43,044▼ 44.7%€24,774▼ 42.4%€23,148▼ 6.6%€21,233▼ 8.3%€15,111▼ 28.8%
Debt€26,887-€45,404▲ 68.9%€32,965▼ 27.4%€24,185▼ 26.6%€17,137▼ 29.1%€19,802▲ 15.6%€17,788▼ 10.2%€17,206▼ 3.3%
Working capital€26,473-€32,213▲ 21.7%€34,171▲ 6.1%€11,704▼ 65.7%€1,501▼ 87.2%-€1,445€2,826-€1,562
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,012▼
2024 · €6,517
Cash flow
-€4,945▼
2024 · €5,061
Solvency
-13.9%▼
2024 · 16.2%
Current ratio
0.91▼
2024 · 1.16
ROA
-36.7%▼
2024 · 0.5%
Interest coverage
-1.78▼
2024 · 5.33
Debt ≤ 1 year
€16,673▼
2024 · €17,403
Income taxes
€239▲
2024 · €233
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84.4% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.8% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,621 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€21,233€15,111▼
Fixed assets21/28€1,004-
Tangible fixed assets22/27€597-
Furniture and vehicles24€597-
Financial fixed assets28€407-
Current assets29/58€20,229€15,111▼
Amounts receivable within one year40/41€20,194€15,096▼
Trade receivables40€16,602€14,090▼
Other amounts receivable41€3,592€1,006▼
Cash at bank and in hand54/58€35€15▼
Equity and liabilities
Total equity and liabilities10/49€21,233€15,111▼
Equity10/15€3,445-€2,095▼
Contributions10/11€12,394€12,395=
Reserves13€1,859€1,859=
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14-€10,808-€16,349▼
Amounts payable17/49€17,788€17,206▼
Amounts payable within one year42/48€17,403€16,673▼
Current portion of amounts payable after more than one year42€790-
Financial debts43€9,508€9,281▼
Credit institutions430/8€9,508€9,281▼
Trade debts44€6,648€4,058▼
Suppliers440/4€6,648€4,058▼
Taxes, remuneration and social security45€457€472▲
Taxes450/3€457€472▲
Other amounts payable47/48-€2,862
Accrued charges and deferred income492/3€385€533▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,961€596▼
Other operating charges640/8-€1,472
Gross operating margin9900€6,517-€1,540▼
Operating profit (loss)9901€1,556-€3,608▼
Financial charges65/66B€1,223€1,694▲
Recurring financial charges65€1,223€1,694▲
Profit (loss) for the period before taxes9903€333-€5,302▼
Income taxes67/77€233€239▲
Profit (loss) for the period9904€100-€5,541▼
Profit (loss) for the period to be appropriated9905€100-€5,541▼
Appropriation of the result
Profit (loss) to be appropriated9906-€10,808-€16,349▼
Profit (loss) brought forward from the previous period14P-€10,908-€10,808▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€247-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,885€7,616€7,504€8,100€5,666€5,666€4,961€596▼ 88.0%
Other operating charges640/8---€816€569€909-€1,472-
Non-recurring operating charges66A----€5,180----
Gross operating margin9900€12,801€19,337€11,789-€17,023€886€3,521€6,517-€1,540-
Operating profit (loss)9901-€2,732€9,102€2,882-€25,939-€10,529-€3,054€1,556-€3,608-
Financial income75/76B---€1,080€569€6---
Recurring financial income75€2,420€2,686€2,734€1,080€569€6---
Financial charges65/66B---€964€1,095€1,019€1,223€1,694▲ 38.5%
Recurring financial charges65€1,280€679€943€964€1,095€1,019€1,223€1,694▲ 38.5%
Profit (loss) for the period before taxes9903-€1,592€11,109€4,673-€25,823-€11,055-€4,067€333-€5,302-
Income taxes67/77€698€2,704€146€154€167€224€233€239▲ 2.6%
Profit (loss) for the period9904-€2,290€8,405€4,527-€25,977-€11,222-€4,291€100-€5,541-
Profit (loss) for the period to be appropriated9905-€2,290€8,405€4,527-€25,977-€11,222-€4,291€100-€5,541-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€66,791€85,713€77,801€43,044€24,774€23,148€21,233€15,111▼ 28.8%
Fixed assets21/28€18,305€8,096€25,397€17,297€11,631€5,965€1,004--
Tangible fixed assets22/27€17,898€7,689€24,990€16,890€11,224€5,558€597--
Plant, machinery and equipment23---€1,410€705----
Furniture and vehicles24---€15,480€10,519€5,558€597--
Financial fixed assets28€407€407€407€407€407€407€407--
Current assets29/58€48,486€77,617€52,404€25,747€13,143€17,183€20,229€15,111▼ 25.3%
Stocks and contracts in progress3€400€767€250€200-----
Stocks30/36---€200-----
Amounts receivable within one year40/41€47,081€67,495€37,768€22,577€11,130€13,048€20,194€15,096▼ 25.2%
Trade receivables40---€7,745€7,077€12,552€16,602€14,090▼ 15.1%
Other amounts receivable41---€14,832€4,053€496€3,592€1,006▼ 72.0%
Cash at bank and in hand54/58€415€4,401€12,628€96€74€264€35€15▼ 57.1%
Deferred charges and accrued income490/1---€2,874€1,939€3,871---
Equity and liabilities
Total equity and liabilities10/49€66,791€85,713€77,801€43,044€24,774€23,148€21,233€15,111▼ 28.8%
Equity10/15€39,904€40,309€44,836€18,859€7,637€3,346€3,445-€2,095-
Contributions10/11€12,395€12,395-€12,395€12,395€12,395€12,394€12,395=
Reserves13€1,859€1,859€1,859€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859----
Reserves not available under the articles1311---€1,859€1,859----
Distributable reserves133-----€1,859€1,859€1,859=
Profit (loss) carried forward14€25,650€26,055€30,582€4,605-€6,617-€10,908-€10,808-€16,349▼ 51.3%
Amounts payable17/49€26,887€45,404€32,965€24,185€17,137€19,802€17,788€17,206▼ 3.3%
Amounts payable after more than one year17€4,874-€14,732€10,142€5,495€790---
Financial debts170/4---€10,142€5,495€790---
Amounts payable within one year42/48€22,013€45,404€18,233€14,043€11,642€18,628€17,403€16,673▼ 4.2%
Current portion of amounts payable after more than one year42---€4,590€4,647€4,705€790--
Financial debts43---€5,155€1,764-€9,508€9,281▼ 2.4%
Credit institutions430/8---€5,155€1,764-€9,508€9,281▼ 2.4%
Trade debts44€8,041€18,277€10,047€3,997€4,733€8,622€6,648€4,058▼ 39.0%
Suppliers440/4---€3,997€4,733€8,622€6,648€4,058▼ 39.0%
Taxes, remuneration and social security45---€301€498€392€457€472▲ 3.3%
Taxes450/3---€301€498€392€457€472▲ 3.3%
Other amounts payable47/48-----€4,909-€2,862-
Accrued charges and deferred income492/3-----€384€385€533▲ 38.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,290€8,405€4,527-€25,977-€11,222-€4,291€100-€5,541-
+ Depreciation and write-downs630€11,885€7,616€7,504€8,100€5,666€5,666€4,961€596▼ 88.0%
Operating cash flow (approximation)€9,595€16,021€12,031-€17,877-€5,556€1,375€5,061-€4,945-
Investment in fixed assets (approximation)-€2,593-€24,805€0€0€0€0--
Change in cash-€3,986€8,227-€12,532-€22€190-€229-€20▲ 91.3%

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

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 08-09-2026 2026-00509573
31-12-2024 micro format 09-10-2025 2025-00541353
31-12-2023 micro format 05-09-2024 2024-00460239
31-12-2022 micro format 18-10-2023 2023-00491517
31-12-2021 micro format 18-10-2022 2022-20472932
31-12-2020 micro format 14-10-2021 2021-72100572
31-12-2019 micro format 15-09-2020 2020-53500360
31-12-2018 micro format 10-10-2019 2019-70100095
31-12-2017 micro format 04-09-2018 2018-62000156
31-12-2016 micro format 05-09-2017 2017-60500190

Show all 35 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

HALLET-REMACLE was incorporated on 23 January 1991.1 Total assets fell from €66,791 in 2018 to €15,111 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 39 days late
2025
09-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 70 days late
2024
31-12
Financial Back to profitnet €100
Net result €100 after 3 loss-making years.
05-09
NBB filing Annual accounts filed
financial year 2023 · micro format · 36 days late
2023
18-10
NBB filing Annual accounts filed
financial year 2022 · micro format · 79 days late
2022
18-10
NBB filing Annual accounts filed
financial year 2021 · micro format · 79 days late
2021
31-12
Financial Weakest financial yearnet -€25,977
Net result drops to -€25,977, the lowest in the series; recovery starts the following year.
14-10
NBB filing Annual accounts filed
financial year 2020 · micro format · 75 days late
2020
15-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 46 days late
2019
31-12
Financial Back to profitnet €8,405
Net result €8,405 after one loss-making year.
10-10
NBB filing Annual accounts filed
financial year 2018 · micro format · 71 days late
2018
04-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 35 days late
2017
05-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded23-01-1991
Financial year end31-12
E-invoicing
Left the Peppol register

Left the register on 30 September 2026.

What can you do?

Ask the customer which channel they now receive invoices on.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 20 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Recognised contractor

8 categories
HALLET-REMACLE SRLapproval no. 44146
  • B1 Clearing watercoursesclass 1, up to €162,000
  • C General road works contractsclass 1, up to €162,000
  • C1 Ordinary sewer worksclass 1, up to €162,000
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • C3 Non-electric road signs, safety devices, fences and screensclass 1, up to €162,000
  • C5 Bituminous paving and surface dressingclass 1, up to €162,000
  • C6 Laying power and telecom cables in trenchesclass 1, up to €162,000
  • G General earthworks contractsclass 1, up to €162,000
decision 24-09-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Aywaille · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
1,798 m²
Building footprint
278 m²
Building volume
1,733 m³
2 parcels, Wallonia · tallest building 10.7 m. Linked by address, not a title deed.
1 establishment unit
Rue du Halage 39 B, 4920 Aywaille
Manufacture of fabricated metal products, except machinery and equipment
since 1991unit no. 2.051.694.708
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
62098H0906/00L000 Wallonia 1,219 m² 1 · 95 m² 10.7 m · 3
62098H0909/00N000 Wallonia 579 m² 1 · 182 m² 6.2 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.