Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
€95,546 of the debts are secured on the company's own assets. In 2025 that was €109,089.
The 2026 accounts came 10 days late. The other two were filed on time.
In July 2024, 2,542 companies had the same profile as Halos has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 2,542 companies, not a prediction for Halos. 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.
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.
| Company | ||||
|---|---|---|---|---|
| Halos Sint-Gillis (bij-Brussel) | €199,095 | €19,715 | 23.4% | - |
| DDD MANAGEMENT Forest | €140,290 | €21,015 | 17.4% | - |
| COMME CHEZ NOUS PRODUCTIONS Verviers | €254,854 | €41,287 | 12.1% | - |
| MAGIC MINDS CREATION Braine-l'Alleud | €103,023 | €19,770 | 3.1% | - |
| Circ Rodini Rotselaar | €98,236 | €19,613 | 99.7% | - |
| Tabelu Bruges | €209,330 | €94,878 | 40.5% | - |
| Ruben De Gheselle Ghent | €133,418 | €92,177 | 25.7% | - |
These companies have the same main activity as Halos: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €98,200 and €255,000, founded between 2020 and 2023.
Halos files the abbreviated format. That format states no turnover. The gross margin fell from €46,530 in 2024 to €19,715 in 2026.
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €94,000. Estimated: probably between €56,000 and €170,000.
Higher than 29% of 702 companies in 2025.
Lower than 95% of 687 companies in 2025.
Higher than 55% of 697 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
199,095 | 202,813 | 49,337 | |
21/28 |
191,408 | 192,917 | 7,177 | |
22/27 |
191,408 | 192,917 | 7,177 | |
22 |
184,858 | 190,408 | - | |
24 |
6,550 | 2,510 | 1,207 | |
26 |
- | 0 | 5,970 | |
29/58 |
7,686 | 9,895 | 42,160 | |
40/41 |
6,309 | 7,124 | 4,963 | |
40 |
1,609 | 2,473 | 1,573 | |
41 |
4,700 | 4,651 | 3,390 | |
54/58 |
1,377 | 2,772 | 37,197 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
199,095 | 202,813 | 49,337 | |
10/15 |
46,576 | 45,101 | 37,168 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
45,576 | 44,101 | 36,168 | |
17/49 |
152,519 | 157,712 | 12,169 | |
17 |
81,492 | 95,546 | - | |
170/4 |
81,492 | 95,546 | - | |
42/48 |
66,596 | 60,797 | 12,169 | |
42 |
14,054 | 13,544 | - | |
44 |
182 | 78 | 1,260 | |
440/4 |
182 | 78 | 1,260 | |
45 |
1,544 | 2,288 | 10,908 | |
450/3 |
1,544 | 2,288 | 10,908 | |
47/48 |
50,816 | 44,887 | - | |
492/3 |
4,431 | 1,369 | - | |
| Income statement | ||||
9900 |
19,715 | 21,666 | 46,530 | |
630 |
10,180 | 6,730 | 646 | |
640/8 |
400 | 0 | 430 | |
9901 |
9,136 | 14,936 | 45,455 | |
75/76B |
0 | 10 | - | |
75 |
0 | 10 | - | |
65/66B |
7,202 | 5,403 | 87 | |
65 |
7,202 | 5,403 | 87 | |
9903 |
1,934 | 9,543 | 45,368 | |
67/77 |
459 | 1,610 | 9,200 | |
9904 |
1,475 | 7,933 | 36,168 | |
9905 |
1,475 | 7,933 | 36,168 | |
| Appropriation of the result | ||||
9906 |
45,576 | 44,101 | 36,168 | |
14P |
44,101 | 36,168 | - | |
| Document | ||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 10-11-2026.
2026 annual accounts filed 10 days after the deadline. Filed on 10 November 2026, deadline 31 October 2026 (7 months after the close on 31 March 2026, Companies Code art. 3:10). Source: NBB, 2026-00605131.
| Line | Trend | 2026 | 2025 | 2024 |
|---|---|---|---|---|
| 19,316 | 21,666 | 46,101 | ||
| 11,655 | 14,662 | 36,814 | ||
| 8,671 | 192,470 | 7,823 | ||
| -1,394 | -34,426 | - | ||
| -58,910 | -50,902 | 29,991 | ||
| 23.4% | 22.2% | 75.3% | ||
| 0.12 | 0.16 | 3.46 | ||
| 3.27 | 3.50 | 0.33 | ||
| 3.2% | 17.6% | 97.3% | ||
| 0.7% | 3.9% | 73.3% | ||
| 2.68 | 4.01 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 |
|---|---|---|---|
| Debts secured on the company's own assets | €95,546 | €109,089 | - |
| Mortgages, amount registered | €120,000 | €120,000 | - |
| Carrying value of the mortgaged assets | €150,867 | €155,666 | - |
Source: notes to the 2024 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 |
|---|---|---|---|
| Tangible fixed assets | €8,671 | €192,470 | €7,823 |
| €10,180 | €6,730 | €646 |
Source: notes to the 2024 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 39% lower than in 2025 and the lowest since 2024. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 77.8% to 76.6%. Equity is higher and debt is lower.
Halos has no parent and no holdings in its annual accounts. is the only director. Halos shares no director with another company.
| Masil, Pierre (sole trader)
establishment since 15-06-2000 |
founded in 2000 0561.682.062 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Koningslaan 67 registered office 1060 Sint-Gillis (bij-Brussel) | 26-12-2022 | 2.343.775.267 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21562A0448/00L004 | 267 m² | 1 · 139 m² | 17.0 m · 4 |
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