Halulen
ActiveSummary
Halulen has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €14,489. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-26
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270,000 at 30 days acceptable
short-term debt: 0% and cash: 4.7% of total assets, and 0% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
100%
Return on assets
0.4%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
55 d early
2023
51 d early
2022
47 d early
2021
52 d early
2020
46 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 50 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 10 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€3.9m▲ 0.4%
2024 · €3.9m
Total assets
€3.9m▼ 0.7%
2024 · €4.0m
Net result
€14,489▼ 96.5%
2024 · €419,602
Working capital
€184,006▲ 8.5%
2024 · €169,517
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,167▲ 22.9%-€3,939▼ 24.3%-€3,913▲ 0.7%-€4,283▼ 9.5%-€3,995▲ 6.7%
Net result€5,806▼ 87.3%€450,058▲ 7,651%€63,699▼ 85.8%€419,602▲ 559%€14,489▼ 96.5%
Equity€3.4m▼ 4.9%€3.7m▲ 10.3%€3.8m▲ 1.7%€3.9m▲ 4.5%€3.9m▲ 0.4%
Total assets€3.5m▼ 1.2%€3.8m▲ 10.5%€3.8m▼ 2.0%€4.0m▲ 5.4%€3.9m▼ 0.7%
Debt€130,634▲ 130,221%€148,006▲ 13.3%€6,350▼ 95.7%€41,950▲ 561%€1,440▼ 96.6%
Working capital-€63,646€283,412€1,627▼ 99.4%€169,517▲ 10,317%€184,006▲ 8.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,995 in 2025 against €4,283 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.9m
Fixed assets
€3.8m =
Current assets
€185,446 ▼ 12.3%
Equity and liabilities €3.9m
Equity
€3.9m ▲ 0.4%
Debt
€1,440 ▼ 96.6%
Debt's share of the balance-sheet total falls from 1.1% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.01
ROE
0.4%▼
2024 · 10.7%
ROA
0.4%▼
2024 · 10.6%
Debt ≤ 1 year
€1,440▼
2024 · €41,950
Income taxes
€1,440▼
2024 · €41,950
A ratio outside any meaningful range has been withheld (balance sheet total €3.9m, equity €3.9m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€2,299 | -€3,071 | -€2,953 | -€3,316 | -€2,996 | ▲ 9.6% |
| Operating profit (loss)9901 | -€3,167 | -€3,939 | -€3,913 | -€4,283 | -€3,995 | ▲ 6.7% |
| Financial income75/76B | €9,000 | €499,048 | €74,032 | €465,910 | €20,000 | ▼ 95.7% |
| Recurring financial income75 | €9,000 | €499,048 | €74,032 | €465,910 | €20,000 | ▼ 95.7% |
| Non-recurring financial income76B | - | - | €74,032 | €465,910 | €20,000 | ▼ 95.7% |
| Financial charges65/66B | €26 | €46 | €70 | €75 | €76 | ▲ 2.0% |
| Recurring financial charges65 | €26 | €46 | €70 | €75 | €76 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €5,806 | €495,064 | €70,049 | €461,552 | €15,929 | ▼ 96.5% |
| Income taxes67/77 | - | €45,006 | €6,350 | €41,950 | €1,440 | ▼ 96.6% |
| Profit (loss) for the period9904 | €5,806 | €450,058 | €63,699 | €419,602 | €14,489 | ▼ 96.5% |
| Profit (loss) for the period to be appropriated9905 | €5,806 | €450,058 | €63,699 | €419,602 | €14,489 | ▼ 96.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.5m | €3.8m | €3.8m | €4.0m | €3.9m | ▼ 0.7% |
| Fixed assets21/28 | €3.4m | €3.4m | €3.8m | €3.8m | €3.8m | = |
| Financial fixed assets28 | €3.4m | €3.4m | €3.8m | €3.8m | €3.8m | = |
| Current assets29/58 | €66,987 | €431,418 | €7,977 | €211,467 | €185,446 | ▼ 12.3% |
| Amounts receivable within one year40/41 | €49,934 | €400,000 | - | - | - | - |
| Other amounts receivable41 | €49,934 | €400,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €17,053 | €31,418 | €7,977 | €211,467 | €185,302 | ▼ 12.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €144 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.5m | €3.8m | €3.8m | €4.0m | €3.9m | ▼ 0.7% |
| Equity10/15 | €3.4m | €3.7m | €3.8m | €3.9m | €3.9m | ▲ 0.4% |
| Contributions10/11 | €3.2m | €3.2m | €3.2m | €3.0m | €3.0m | = |
| Reserves13 | €110,514 | €457,572 | €521,271 | €933,161 | €947,650 | ▲ 1.6% |
| Distributable reserves133 | €110,514 | €457,572 | €521,271 | €933,161 | €947,650 | ▲ 1.6% |
| Amounts payable17/49 | €130,634 | €148,006 | €6,350 | €41,950 | €1,440 | ▼ 96.6% |
| Amounts payable within one year42/48 | €130,634 | €148,006 | €6,350 | €41,950 | €1,440 | ▼ 96.6% |
| Taxes, remuneration and social security45 | €54,000 | €75,906 | €6,350 | €41,950 | €1,440 | ▼ 96.6% |
| Taxes450/3 | €54,000 | €75,906 | €6,350 | €41,950 | €1,440 | ▼ 96.6% |
| Other amounts payable47/48 | €76,634 | €72,100 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,806 | €450,058 | €63,699 | €419,602 | €14,489 | ▼ 96.5% |
| Operating cash flow (approximation) | €5,806 | €450,058 | €63,699 | €419,602 | €14,489 | ▼ 96.5% |
| Investment in fixed assets (approximation) | - | €0 | -€345,484 | €0 | €0 | - |
| Change in cash | - | €14,365 | -€23,441 | €203,489 | -€26,165 | ▼ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 26current ratio 128.78
Current ratio from 5.04 to 128.78; short-term debt falls from €41,950 to €1,440.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 5.04
Current ratio from 1.26 to 5.04.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €450,058 ▲7,651%
Net result €450,058, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 2.91
Current ratio from 0.51 to 2.91.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €5,806 ▼87.3%
Net result drops to €5,806, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 696current ratio 1153.71
Current ratio from 1.66 to 1153.71; short-term debt falls from €106,100 to €100.
Show earlier events
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Oud-Heverlee
Ground area
3,945 m²
Building footprint
1,427 m²
Volume, LiDAR
7,678 m³
Parcel 24110A0105/00V000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24110A0105/00V000 | Flanders | 3,945 m² | 1 · 1,427 m² | 6.9 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.
Structure & network
Owners and holdings
3 holdings · 3 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
99.86%
-
98.71%
-
20%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
MATRABOW 99.86%1 subsidiary
- VANDEZANDE 99.3%
- Vandezande Construct 98.71%
According to the 2025 annual accounts of Halulen and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2006
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885781828
Also
9925:BE0885781828
Registered
31-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.