Equity
€158,770 from €331,752 in 2021
Equity fell by 52% in 4 years.
HALMES
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €3.2m (2024)
€2.8m▼ 10.6%
lowest -€192,902 (2007)
-€17,123▼ €71,035
peak €331,752 (2021)
€158,770▼ 10.1%
€976,598▼ 22.3%
peak 66.5 FTE (2018)
59.2 FTE▼ 6.9%
Board3 names since 2021
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Loss of €17,123Debts from €1.3m to €976,598Cash from €449,290 to €216,684
Key points
from the 2025 annual accountsResult
-€17,123 -€17,123
From profit to loss in 2025, after a profit of €53,912 in 2024.
Debts
€976,598 86% of the balance sheet
Financial debts 18%Suppliers 18%Taxes and wages 44%Other 21%
Of this, €806,423 falls due within a year.
Staff
106 employees on 31-12-2025
In 2025, 129 people joined and 155 left.
Filings
32 annual accounts since 1994
The 2016 accounts came 4 days late. The other nine of the last ten were filed on time.
Position in the sector
-€17,123
Lower net result than 84% of companies in food products. Sector median €49,539 · 1,081 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 370 companies had the same profile as HALMES has now. Each dot is one company, two years later.
97.0%
were still trading
2.2%
stopped another way
0.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 370 companies, not a prediction for HALMES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
2 directors appointed, 2 reappointments
Reappointments: and · Permanent representative: · Appointments: (vorsitzender des verwaltungsrates) and (geschäftsführendes verwaltungsratsmitglied) · General meeting of 28-11-2024 · Gazette deed
Reappointments: (director) and (director)
General meeting of 07-06-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451911617
New establishment in Saint-Vith
HALMES GESCHÄFT SAINT-VITH, Luxemburger Strasse 50
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HALMES Butgenbach | €1.1m | €2.8m | 14.0% | 59.2 |
| Remacle Boulangerie Lontzen | €1.6m | €2.6m | -3.3% | 57.2 |
| DE BROODKRUIMEL Westerlo | €0.9m | €1.9m | 10.5% | 46.2 |
| BAKKERIJ ALLEMEERSCH Kampenhout | €1.1m | €1.7m | 15.8% | 56.4 |
| YVES GUNS Zaventem | €1.3m | €2.8m | 43.2% | 38.1 |
| SMOUTS & CO Antwerp | €2.3m | €2.8m | 26.0% | 50.6 |
| GODEFROID Frameries | €2.4m | €2.5m | 24.4% | 46.9 |
These companies have the same main activity as HALMES: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €939,000 and €2.4m, founded between 1981 and 2008.
Official details
Source: KBO- Status
- Active since 08-02-1994Normal situation
- Activity
- Artisanal bread and fresh pastry makingNACE 10712and 5 others
- Joint committees
- 118Food industry
- 302Hotels and catering
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.065.800.3874750 Butgenbach, since 07-03-1994
- 2.065.800.4864750 Butgenbach, since 07-03-1994and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- ≈ €4.9mestimated
- €1.1m▼ 20.9%
- Employeeson 31-12-2025
- 106▼ 19.7%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on HALMES
HALMES files the abbreviated format. That format states no turnover. The gross margin rose from €759,765 in 2006 to €2.8m in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HALMES
- What is the company number of HALMES?
- The company number of HALMES is 0451.911.617. The VAT number is the same number with BE in front: BE 0451.911.617.
- Where is HALMES based?
- The registered office is at Zur Domäne 49, 4750 Butgenbach.Company details
- What does HALMES do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of HALMES?
- HALMES is a public limited company (NV).
- When was HALMES founded?
- HALMES was founded on 08-02-1994.
- Is HALMES still active?
- Yes, HALMES is an active enterprise in the KBO register.
- How many employees does HALMES have?
- HALMES had an average of 59.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HALMES fall under?
- In its 2025 annual accounts, HALMES states joint committees 118 (Food industry), 302 (Hotels and catering) and 201 (Independent retail).
- What is the turnover of HALMES?
- The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €2.8m and 1,585 comparable companies of the same size. It probably lies between €3.3m and €8.0m. It is a rough estimate.
- Is HALMES profitable?
- In financial year 2025, HALMES made a loss of €17,123.
- Where can I find the annual accounts of HALMES?
- HALMES filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HALMES due?
- HALMES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.