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Hallinto

Active
Private limited companyfounded 200818 yrs activeKerkomsesteenweg 25, 3370 Boutersem, BelgiumKBO/BCE: BE 0898.877.323
Summary

Hallinto has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97,218 and a net result of €19,401. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 9527 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability89▲+9
Solvency100▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 4.53 against 2.31 in 2023; short-term debt: 19.3% and cash: 59.6% of total assets), and 19.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 18 years 0 20 y
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
2 d early
2022
on the day
2021
2 d early
2020
1 d early
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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

Hallinto was incorporated on 19 June 2008.1 Total assets fell from EUR 181,258 in 2018 to EUR 120,413 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€97,218▲ 24.9%
2023 · €77,817
Total assets
€120,413▼ 2.1%
2023 · €123,038
Net result
€19,401▲ 83.1%
2023 · €10,593
Working capital
€81,930▲ 38.6%
2023 · €59,123
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€8,565€44,505▲ 420%-€4,563€14,708€26,223▲ 78.3%
Net result€8,026within the sector's middle half€38,999above the sector's middle half▲ 386%-€5,394below the sector's middle half€10,593within the sector's middle half€19,401within the sector's middle half▲ 83.1%
Equity€58,179within the sector's middle half▲ 14.2%€97,178within the sector's middle half▲ 67.0%€91,784within the sector's middle half▼ 5.6%€77,817within the sector's middle half▼ 15.2%€97,218within the sector's middle half▲ 24.9%
Total assets€82,975within the sector's middle half▼ 31.8%€132,835within the sector's middle half▲ 60.1%€117,724within the sector's middle half▼ 11.4%€123,038within the sector's middle half▲ 4.5%€120,413within the sector's middle half▼ 2.1%
Debt€24,797▼ 65.0%€35,656▲ 43.8%€25,941▼ 27.2%€45,220▲ 74.3%€23,195▼ 48.7%
Working capital€49,005within the sector's middle half▲ 8.4%€87,921within the sector's middle half▲ 79.4%€84,706within the sector's middle half▼ 3.7%€59,123within the sector's middle half▼ 30.2%€81,930within the sector's middle half▲ 38.6%
Solvency70.1%within the sector's middle half▲ 28.3pp73.2%within the sector's middle half▲ 3.0pp78.0%above the sector's middle half▲ 4.8pp63.2%within the sector's middle half▼ 14.7pp80.7%above the sector's middle half▲ 17.5pp
Current ratio3.76within the sector's middle half▲ 1.993.47within the sector's middle half▼ 0.284.44above the sector's middle half▲ 0.972.31within the sector's middle half▼ 2.144.53above the sector's middle half▲ 2.22
Return on assets (ROA)9.7%within the sector's middle half▲ 46.4pp29.4%above the sector's middle half▲ 19.7pp-4.6%below the sector's middle half▼ 33.9pp8.6%within the sector's middle half▲ 13.2pp16.1%within the sector's middle half▲ 7.5pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2020: €8,565€8,565Net result 2020: €8,026€8,026Operating result 2021: €44,505€44,505Net result 2021: €38,999€38,999Operating result 2022: -€4,563-€4,563Net result 2022: -€5,394-€5,394Operating result 2023: €14,708€14,708Net result 2023: €10,593€10,593Operating result 2024: €26,223€26,223Net result 2024: €19,401€19,40120202021202220232024-€10,000€0€10,000€20,000€30,000Operating result 2022: -€4,563-€4,560Net result 2022: -€5,394-€5,390Operating result 2023: €14,708€14,700Net result 2023: €10,593€10,600Operating result 2024: €26,223€26,200Net result 2024: €19,401€19,400202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 78% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,413
Fixed assets €15,288 ▼ 18.2%
Current assets €105,124 ▲ 0.7%
Equity and liabilities €120,413
Equity €97,218 ▲ 24.9%
Debt €23,195 ▼ 48.7%
Debt's share of the balance-sheet total falls from 36.8% to 19.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30,772▲
2023 · €16,407
Cash flow
€23,950▲
2023 · €12,292
Debt to equity
0.24▼
2023 · 0.58
ROE
20.0%▲
2023 · 13.6%
Interest coverage
29.71▲
2023 · 15.52
Debt ≤ 1 year
€23,195▼
2023 · €45,220
Income taxes
€8,317▲
2023 · €3,676
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 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% 1.7%
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 75% 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 34,679 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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€123,038€120,413▼
Fixed assets21/28€18,695€15,288▼
Tangible fixed assets22/27€18,695€15,288▼
Furniture and vehicles24€13,129€10,866▼
Other tangible fixed assets26€5,565€4,423▼
Current assets29/58€104,343€105,124▲
Amounts receivable within one year40/41€49,081€29,239▼
Trade receivables40€34,354€18,620▼
Other amounts receivable41€14,727€10,619▼
Cash at bank and in hand54/58€51,045€71,797▲
Deferred charges and accrued income490/1€4,217€4,089▼
Equity and liabilities
Total equity and liabilities10/49€123,038€120,413▼
Equity10/15€77,817€97,218▲
Contributions10/11€12,400€12,400=
Reserves13€65,417€84,818▲
Distributable reserves133€65,417€84,818▲
Amounts payable17/49€45,220€23,195▼
Amounts payable within one year42/48€45,220€23,195▼
Financial debts43€2,667€1,910▼
Credit institutions430/8€2,667€1,910▼
Trade debts44€16,957€6,394▼
Suppliers440/4€16,957€6,394▼
Taxes, remuneration and social security45€2,264€13,751▲
Taxes450/3€2,264€7,488▲
Remuneration and social security454/9-€6,263
Other amounts payable47/48€23,332€1,140▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,699€4,549▲
Other operating charges640/8€879€953▲
Gross operating margin9900€17,285€31,725▲
Operating profit (loss)9901€14,708€26,223▲
Financial income75/76B€618€2,531▲
Recurring financial income75€618€2,531▲
Financial charges65/66B€1,057€1,036▼
Recurring financial charges65€1,057€1,036▼
Profit (loss) for the period before taxes9903€14,269€27,718▲
Income taxes67/77€3,676€8,317▲
Profit (loss) for the period9904€10,593€19,401▲
Profit (loss) for the period to be appropriated9905€10,593€19,401▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,881€19,401▲
Profit (loss) brought forward from the previous period14P-€5,712-
Transfer from equity791/2€24,559-
Transfer to equity691/2€4,881€19,401▲
To other reserves6921€4,881€19,401▲
Profit to be distributed694/7€24,559-
Return on contributions (dividend)694€24,559-

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

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,164€1,026€1,761€1,699€4,549▲ 168%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€1,467----
Other operating charges640/8-€469€4€879€953▲ 8.5%
Gross operating margin9900€15,939€44,534-€2,798€17,285€31,725▲ 83.5%
Operating profit (loss)9901€8,565€44,505-€4,563€14,708€26,223▲ 78.3%
Financial income75/76B-€1€2€618€2,531▲ 310%
Recurring financial income75€166€1€2€618€2,531▲ 310%
Financial charges65/66B-€413€731€1,057€1,036▼ 2.0%
Recurring financial charges65€495€413€731€1,057€1,036▼ 2.0%
Profit (loss) for the period before taxes9903€8,236€44,093-€5,292€14,269€27,718▲ 94.3%
Income taxes67/77€210€5,093€102€3,676€8,317▲ 126%
Profit (loss) for the period9904€8,026€38,999-€5,394€10,593€19,401▲ 83.1%
Profit (loss) for the period to be appropriated9905€8,026€38,999-€5,394€10,593€19,401▲ 83.1%
Line20202021202220232024Change
Assets
Total assets20/58€82,975€132,835€117,724€123,038€120,413▼ 2.1%
Fixed assets21/28€16,189€9,365€8,430€18,695€15,288▼ 18.2%
Tangible fixed assets22/27€13,939€7,115€6,180€18,695€15,288▼ 18.2%
Furniture and vehicles24-€7,115€6,180€13,129€10,866▼ 17.2%
Other tangible fixed assets26---€5,565€4,423▼ 20.5%
Financial fixed assets28€2,250€2,250€2,250---
Current assets29/58€66,786€123,469€109,294€104,343€105,124▲ 0.7%
Amounts receivable within one year40/41€22,348€19,294€36,322€49,081€29,239▼ 40.4%
Trade receivables40-€16,380€25,518€34,354€18,620▼ 45.8%
Other amounts receivable41-€2,914€10,804€14,727€10,619▼ 27.9%
Cash at bank and in hand54/58€37,860€81,535€69,099€51,045€71,797▲ 40.7%
Deferred charges and accrued income490/1-€22,640€3,873€4,217€4,089▼ 3.1%
Equity and liabilities
Total equity and liabilities10/49€82,975€132,835€117,724€123,038€120,413▼ 2.1%
Equity10/15€58,179€97,178€91,784€77,817€97,218▲ 24.9%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€85,096€85,096€85,096€65,417€84,818▲ 29.7%
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133-€83,236€83,236€65,417€84,818▲ 29.7%
Profit (loss) carried forward14-€39,317-€318-€5,712---
Amounts payable17/49€24,797€35,656€25,941€45,220€23,195▼ 48.7%
Amounts payable after more than one year17€7,015-----
Amounts payable within one year42/48€17,782€35,548€24,589€45,220€23,195▼ 48.7%
Financial debts43-€2,675€2,677€2,667€1,910▼ 28.4%
Credit institutions430/8-€2,675€2,677€2,667€1,910▼ 28.4%
Trade debts44€7,132€28,757€17,221€16,957€6,394▼ 62.3%
Suppliers440/4-€28,757€17,221€16,957€6,394▼ 62.3%
Taxes, remuneration and social security45-€3,585€4,187€2,264€13,751▲ 507%
Taxes450/3-€3,585€4,187€2,264€7,488▲ 231%
Remuneration and social security454/9----€6,263-
Other amounts payable47/48-€531€503€23,332€1,140▼ 95.1%
Accrued charges and deferred income492/3-€109€1,352---
Line20202021202220232024Change
Profit (loss) for the period9904€8,026€38,999-€5,394€10,593€19,401▲ 83.1%
+ Depreciation and write-downs630€6,164€1,026€1,761€1,699€4,549▲ 168%
Operating cash flow (approximation)€14,190€40,026-€3,634€12,292€23,950▲ 94.8%
Investment in fixed assets (approximation)-€5,797-€826-€11,963-€1,143▲ 90.4%
Change in cash-€43,675-€12,436-€18,055€20,752▲ 215%

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

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €10,593
Net result €10,593 after one loss-making year.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €38,999 ▲386%
Operating result €44,505, net result €38,999, both a record.
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €8,026
Net result €8,026 after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 3.76
Current ratio from 1.76 to 3.76; short-term debt falls from €59,108 to €17,782.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial Weakest financial yearnet -€44,762
Net result drops to -€44,762, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Boutersem · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
990 m²
Building footprint
225 m²
Volume, LiDAR
1,507 m³
Parcel 24016B0053/00M000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hallinto
Kerkomsesteenweg 25, 3370 BoutersemOffice administrative, office support and other business support activities
since 20082.172.204.835
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24016B0053/00M000 Flanders 990 m² 1 · 225 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 7,282 EUR awarded · 7,282 EUR paid
Year Entries awardedpaid
2024 1 3,715 EUR3,715 EUR
2023 1 2,307 EUR2,307 EUR
2022 1 1,260 EUR1,260 EUR
Schemes
3 entries · 7,282 EUR · 7,282 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

894500WXL4KBLRRD7156
live in the LEI register

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,619 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
Founded19-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
85592Vocational training
85599Other education
Contact
E-mail info@theofficemanager.beBoutersem
Phone 016/73.54.42Boutersem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0898877323
Also 9925:BE0898877323
Registered 05-05-2025

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

Register as of 28 September 2026 · Peppol Directory

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