HALUTEC
ActiveSummary
HALUTEC has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €178,612. Equity has been growing by about 5.1% per year since 2018. Its solvency ranks better than 84% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-03-2003 Normal situation
- Activity
- Wholesale of other machinery and equipment NACE 46649
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 149.04 Paritair Subcomité voor de metaalhandel · annual accounts 2025
- Establishment units
- 2.131.755.835 4681 Oupeye, since 14-05-2003
- 2.309.792.803 4350 Remicourt, since 24-11-2020and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 14-08-2025
Board and ownership
Board
- HALUTEC GROUPManaging director
- HARVEY WATER SOFTENERS LtdDirector
- Auditor
- 3R LEBOUTTE & CO SRL
Shareholders
- Halutec Group50%· score 9530-06-2025 annual accounts of Halutec Group
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Turnover
- €11.9m
- ▼ 0.8%
- Profit
- €178,612
- Equity
- €5.1m
- ▲ 3.6%
- Total assets
- €6.5m
- ▼ 2.2%
- Employees on 31-12-2025
- 54
- ▲ 12.5%
- 2025 accounts filed 5 days after the deadline
Filed on 05-08-2026
Score breakdownlowers riskLiquidity: current ratio 3.96, cash €1.5mFounded in 2003Equity €5.1m (78.3% of total assets)Legal form: public limited companyShow the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of medium-sized companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
100+1
equity 78.3% of total assets
Liquidity
72+6
short-term debt 19.4% · cash 22.7%
Profitability
62+50
return on assets 2.7%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €480,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.96 (3.54 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 22.7% of total assets. 21.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 46, medium-sized). It does better than 93% of them on solvency, 93% on liquidity, 54% on profitability and 43% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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
Five signals.
lowers riskneutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
5 days late
2024
on the day
2023
7 days early
2022
7 days early
2021
12 days early
2020
1 day early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388380.
Annual accounts 2025 filed on 05-08-2026 at the NBB all 23 filings
Turnover
€11.9m▼ 0.8%
2024 · €12.0m
EBIT margin
1.6%▲ 5.8pp
2024 · -4.2%
Net result
€178,612
2024 · -€519,770
Working capital
€3.7m▲ 5.7%
2024 · €3.5m
In the rankings
#3 employer in Oupeye, Wholesale and retail trade sector#4 company by equity in Oupeye, Wholesale and retail trade sector#6 company by staff growth in Oupeye
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a profit of €186,075, after a loss of €508,683 in 2024.
Turnover€11.9m
2025
Operating result€0.2m
2025
Net result€0.2m
2025
Total assets€6.5m
2025
Equity€5.1m
2025
Debt€1.4m
2025
Working capital€3.7m
2025
EBIT margin1.6%
2025
Return on assets (ROA)2.7%
2025
Solvency78.3%
2025
Current ratio3.96
2025
Staff (FTE)50.2
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€14.6m€14.2m▼ 2.7%€12.0m▼ 15.4%€12.0m▼ 0.4%€11.9m▼ 0.8%
Operating result€0.9m-€0.5m▼ 44.5%€1.6m▲ 226%€3.0m▲ 90.4%€0.4m▼ 85.4%€0.2m▼ 60.5%-€0.5m€0.2m
Net result€0.7m-€0.5m▼ 30.5%€1.3mabove the sector's middle half▲ 147%€2.2mabove the sector's middle half▲ 78.0%€0.3mwithin the sector's middle half▼ 87.7%€0.1mwithin the sector's middle half▼ 57.4%-€0.5mbelow the sector's middle half€0.2mwithin the sector's middle half
EBIT margin20.6%3.1%▼ 17.5pp1.4%▼ 1.6pp-4.2%▼ 5.7pp1.6%▲ 5.8pp
Equity€3.4m-€3.5m▲ 3.3%€3.9mabove the sector's middle half▲ 11.4%€5.2mabove the sector's middle half▲ 33.8%€5.5mabove the sector's middle half▲ 5.3%€5.4mabove the sector's middle half▼ 1.5%€4.9mwithin the sector's middle half▼ 9.6%€5.1mwithin the sector's middle half▲ 3.6%
Total assets€4.9m-€5.4m▲ 10.5%€5.9mwithin the sector's middle half▲ 8.7%€8.4mwithin the sector's middle half▲ 42.8%€7.6mwithin the sector's middle half▼ 10.0%€7.5mwithin the sector's middle half▼ 0.4%€6.7mwithin the sector's middle half▼ 11.6%€6.5mwithin the sector's middle half▼ 2.2%
Debt€1.5m-€1.9m▲ 27.1%€2.0m▲ 3.6%€3.2m▲ 60.9%€2.0m▼ 35.4%€2.1m▲ 2.5%€1.7m▼ 16.9%€1.4m▼ 18.6%
Working capital€3.2m-€3.4m▲ 5.4%€3.6mabove the sector's middle half▲ 6.2%€4.6mabove the sector's middle half▲ 29.1%€4.9mabove the sector's middle half▲ 6.2%€4.6mabove the sector's middle half▼ 5.6%€3.5mwithin the sector's middle half▼ 23.2%€3.7mwithin the sector's middle half▲ 5.7%
Solvency69.6%-65.1%▼ 4.6pp66.7%above the sector's middle half▲ 1.6pp62.5%above the sector's middle half▼ 4.2pp73.1%above the sector's middle half▲ 10.6pp72.3%above the sector's middle half▼ 0.8pp74.0%above the sector's middle half▲ 1.7pp78.3%above the sector's middle half▲ 4.4pp
Current ratio3.41-3.16▼ 0.253.09above the sector's middle half▼ 0.072.59within the sector's middle half▼ 0.503.93above the sector's middle half▲ 1.343.93above the sector's middle half▼ 0.013.54above the sector's middle half▼ 0.393.96above the sector's middle half▲ 0.42
Return on assets (ROA)15.0%-9.4%▼ 5.6pp21.5%above the sector's middle half▲ 12.0pp26.8%above the sector's middle half▲ 5.3pp3.7%within the sector's middle half▼ 23.1pp1.6%within the sector's middle half▼ 2.1pp-7.8%below the sector's middle half▼ 9.4pp2.7%within the sector's middle half▲ 10.6pp
Staff (FTE)27.2-28.4▲ 4.4%31.7above the sector's middle half▲ 11.6%38.7above the sector's middle half▲ 22.1%44.5above the sector's middle half▲ 15.0%46.8above the sector's middle half▲ 5.2%49.6above the sector's middle half▲ 6.0%50.2above the sector's middle half▲ 1.2%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.5m
Fixed assets
€1.5m ▼ 12.6%
Current assets
€5.0m ▲ 1.5%
Equity and liabilities €6.5m
Equity
€5.1m ▲ 3.6%
Debt
€1.4m ▼ 18.6%
Debt's share of the balance-sheet total falls from 26.0% to 21.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€642,103▲
2024 · -€90,006
Cash flow
€634,641▲
2024 · -€101,092
Quick ratio
2.66▲
2024 · 2.11
Debt to equity
0.28▼
2024 · 0.35
ROE
3.5%▲
2024 · -10.6%
Interest coverage
37.75▲
2024 · -4.72
Debt ≤ 1 year
€1.3m▼
2024 · €1.4m
Debt > 1 year
€137,087▼
2024 · €319,427
Income taxes
€3,375▲
2024 · €2,569
Customer credit
42 days▲
2024 · 35 days
Supplier credit
47 days▼
2024 · 66 days
Staff costs
€3.8m▲
2024 · €3.7m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 45 | 48 | 52 | 48 | 54 |
| full-time | 36 | 41 | 45 | 41 | 46 |
| part-time | 9 | 7 | 7 | 7 | 8 |
| in full-time equivalents | 41.1 | 45.5 | 49.5 | 45.5 | 51.1 |
| Average over the year, in full-time equivalents | 38.7 | 44.5 | 46.8 | 49.6 | 50.2 |
| On a permanent contract | 42 | 46 | 48 | 46 | 51 |
| Joined | 12 | 10 | 11 | 12 | 10 |
| Left | 3 | 7 | 7 | 16 | 4 |
| Agency workers, average number | - | - | 2.5 | 1 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €566,436 | €467,461 | €692,984 | €779,007 | €265,363 |
| Intangible fixed assets | - | - | €1,500 | €43,263 | €8,527 |
| Depreciation and write-downs of the year | €249,614 | €299,788 | €329,736 | €418,678 | €456,028 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | - | €6,500 | €6,500 | €6,500 | €6,500 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Comparable companies
These companies have the same main activity as HALUTEC: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €5.9m and €9.8m, founded between 1996 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| HALUTEC Oupeye | 2003 | €6.5m | €5.1m | - | €11.9m | €0.2m | 50.2 | 2025 |
| MultiAir BELUX Nazareth-De Pinte | 2003 | €8.0m | €3.9m | €5.0m | €10.5m | €0.4m | 40 | 2025 |
| AIRWATEC Eupen | 1998 | €7.5m | €4.9m | - | €14.0m | €1.9m | 27.3 | 2025 |
| MULTIVAC BELGIUM Mechelen | 2004 | €7.4m | €3.4m | - | €18.1m | €0.6m | 32.9 | 2025 |
| SABEMAF Wavre | 2001 | €9.8m | €4.1m | - | €18.9m | €0.6m | 53.2 | 2025 |
| GLOBALL CONCEPT Nivelles | 1996 | €5.9m | €2.8m | - | €8.6m | -€0.02m | 37 | 2025 |
| STÄUBLI BENELUX Kortrijk | 1999 | €6.7m | €2.4m | - | €16.7m | €0.9m | 29.4 | 2025 |
They were chosen from the 1,761 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,887 companies had the same profile as HALUTEC has now. Two years later, 0.1% had gone bankrupt and 97.9% were still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
97.9%
was still going
That fits the bankruptcy probability of HALUTEC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,887 companies, not a prediction for HALUTEC. 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €14.7m | €14.4m | €12.2m | €12.3m | €12.0m | ▼ 2.5% |
| Turnover70 | - | - | - | €14.6m | €14.2m | €12.0m | €12.0m | €11.9m | ▼ 0.8% |
| Other operating income74 | - | - | - | €0.07m | €0.2m | €0.2m | €0.4m | €0.1m | ▼ 59.4% |
| Operating charges60/66A | - | - | - | €11.7m | €13.9m | €12.1m | €12.8m | €11.8m | ▼ 7.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €5.3m | €5.8m | €3.9m | €3.7m | €3.9m | ▲ 4.3% |
| Purchases600/8 | - | - | - | €5.9m | €5.9m | €3.8m | €4.0m | €3.5m | ▼ 11.1% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.6m | -€0.1m | €0.1m | -€0.2m | €0.3m | - |
| Services and other goods61 | - | - | - | €3.3m | €4.6m | €4.2m | €4.7m | €3.5m | ▼ 25.7% |
| Remuneration, social security and pensions62 | - | - | - | €2.7m | €3.1m | €3.4m | €3.7m | €3.8m | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.009m | - | €0.005m | - | €0.003m | - |
| Other operating charges640/8 | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 40.1% |
| Gross operating margin9900 | €3.0m | €2.8m | €4.1m | - | - | - | - | - | - |
| Operating profit (loss)9901 | €0.9m | €0.5m | €1.6m | €3.0m | €0.4m | €0.2m | -€0.5m | €0.2m | - |
| Financial income75/76B | - | - | - | €0.03m | €0.06m | €0.06m | €0.04m | €0.05m | ▲ 20.0% |
| Recurring financial income75 | €0.2m | €0.3m | €0.1m | €0.03m | €0.06m | €0.06m | €0.04m | €0.05m | ▲ 20.0% |
| Income from current assets751 | - | - | - | - | - | €0.003m | €0.03m | €3 | ▼ 100.0% |
| Other financial income752/9 | - | - | - | €0.03m | €0.06m | €0.06m | €0.01m | €0.05m | ▲ 278% |
| Financial charges65/66B | - | - | - | €0.04m | €0.09m | €0.05m | €0.05m | €0.05m | ▲ 7.6% |
| Recurring financial charges65 | €0.04m | €0.03m | €0.03m | €0.04m | €0.09m | €0.05m | €0.05m | €0.05m | ▲ 7.6% |
| Debt charges650 | - | - | - | - | - | €0.02m | €0.02m | €0.02m | ▼ 10.9% |
| Other financial charges652/9 | - | - | - | €0.04m | €0.09m | €0.03m | €0.03m | €0.04m | ▲ 19.2% |
| Profit (loss) for the period before taxes9903 | €1.1m | €0.7m | €1.7m | €3.0m | €0.4m | €0.2m | -€0.5m | €0.2m | - |
| Income taxes67/77 | €0.3m | €0.2m | €0.4m | €0.7m | €0.1m | €0.07m | €0.003m | €0.003m | ▲ 31.3% |
| Taxes670/3 | - | - | - | €0.7m | €0.1m | €0.07m | €0.003m | €0.003m | ▲ 31.3% |
| Profit (loss) for the period9904 | €0.7m | €0.5m | €1.3m | €2.2m | €0.3m | €0.1m | -€0.5m | €0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €0.5m | €1.4m | €2.2m | €0.3m | €0.1m | -€0.5m | €0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.9m | €5.4m | €5.9m | €8.4m | €7.6m | €7.5m | €6.7m | €6.5m | ▼ 2.2% |
| Fixed assets21/28 | €0.4m | €0.5m | €0.6m | €0.9m | €1.0m | €1.3m | €1.7m | €1.5m | ▼ 12.6% |
| Intangible fixed assets21 | €0.001m | - | - | - | - | €0.001m | €0.04m | €0.03m | ▼ 20.2% |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.6m | €0.9m | €1.0m | €1.3m | €1.7m | €1.5m | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.02m | €0.02m | ▼ 18.9% |
| Furniture and vehicles24 | - | - | - | €0.7m | €0.8m | €1.1m | €1.2m | €1.0m | ▼ 13.1% |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | €0.2m | €0.5m | €0.4m | ▼ 10.7% |
| Financial fixed assets28 | €0.005m | €0.009m | €0.009m | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Other financial fixed assets284/8 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €4.5m | €4.9m | €5.3m | €7.5m | €6.5m | €6.2m | €4.9m | €5.0m | ▲ 1.5% |
| Stocks and contracts in progress3 | €1.6m | €2.1m | €1.2m | €1.8m | €1.9m | €1.7m | €2.0m | €1.6m | ▼ 17.5% |
| Stocks30/36 | - | - | - | €1.8m | €1.9m | €1.7m | €2.0m | €1.6m | ▼ 17.5% |
| Raw materials and consumables30/31 | - | - | - | - | €1.9m | €1.7m | €2.0m | €1.6m | ▼ 17.5% |
| Goods purchased for resale34 | - | - | - | €1.8m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.0m | €1.2m | €1.3m | €1.6m | €1.9m | €1.9m | €1.6m | €1.8m | ▲ 10.4% |
| Trade receivables40 | - | - | - | €1.4m | €1.2m | €1.1m | €1.2m | €1.4m | ▲ 19.1% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.7m | €0.8m | €0.5m | €0.4m | ▼ 10.9% |
| Current investments50/53 | - | - | - | - | - | €1.1m | - | - | - |
| Other investments51/53 | - | - | - | - | - | €1.1m | - | - | - |
| Cash at bank and in hand54/58 | €1.9m | €1.6m | €2.7m | €4.0m | €2.7m | €1.3m | €1.2m | €1.5m | ▲ 20.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.04m | €0.2m | €0.07m | €0.08m | ▲ 9.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.9m | €5.4m | €5.9m | €8.4m | €7.6m | €7.5m | €6.7m | €6.5m | ▼ 2.2% |
| Equity10/15 | €3.4m | €3.5m | €3.9m | €5.2m | €5.5m | €5.4m | €4.9m | €5.1m | ▲ 3.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €3.8m | €5.1m | €5.4m | €5.3m | €4.8m | €5.0m | ▲ 3.7% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €5.1m | €5.4m | €5.3m | €4.8m | €5.0m | ▲ 3.7% |
| Profit (loss) carried forward14 | €3.1m | €3.2m | €0.01m | €0.04m | €0.01m | €0.002m | €0.003m | €0.001m | ▼ 55.2% |
| Amounts payable17/49 | €1.5m | €1.9m | €2.0m | €3.2m | €2.0m | €2.1m | €1.7m | €1.4m | ▼ 18.6% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.5m | €0.3m | €0.1m | ▼ 57.1% |
| Financial debts170/4 | - | - | - | €0.2m | €0.3m | €0.5m | €0.3m | €0.1m | ▼ 57.1% |
| Credit institutions173 | - | - | - | €0.2m | €0.3m | €0.5m | €0.3m | €0.1m | ▼ 57.1% |
| Amounts payable within one year42/48 | €1.3m | €1.6m | €1.7m | €2.9m | €1.7m | €1.6m | €1.4m | €1.3m | ▼ 9.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 2.0% |
| Financial debts43 | - | - | - | - | - | €0.004m | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.004m | - | - | - |
| Trade debts44 | €0.3m | €0.7m | €0.2m | €1.4m | €1.1m | €0.7m | €0.7m | €0.5m | ▼ 25.4% |
| Suppliers440/4 | - | - | - | €1.4m | €1.1m | €0.7m | €0.7m | €0.5m | ▼ 25.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 7.1% |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.06m | ▲ 54.3% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.8% |
| Other amounts payable47/48 | - | - | - | €0.9m | - | €0.2m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.05m | €0.05m | €0.02m | €0.01m | ▼ 48.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €0.5m | €1.3m | €2.2m | €0.3m | €0.1m | -€0.5m | €0.2m | - |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | ▲ 8.9% |
| Operating cash flow (approximation) | €0.9m | €0.7m | €1.5m | €2.5m | €0.6m | €0.4m | -€0.1m | €0.6m | - |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.3m | -€0.6m | -€0.4m | -€0.7m | -€0.8m | -€0.2m | ▲ 70.1% |
| Change in cash | - | -€0.4m | €1.2m | €1.3m | -€1.3m | -€1.4m | -€0.06m | €0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 05-08-2026 | 2026-00388380 | NBB |
| 31-12-2024 | full format | 31-07-2025 | 2025-00359361 | |
| 31-12-2023 | full format | 24-07-2024 | 2024-00290639 | |
| 31-12-2022 | full format | 24-07-2023 | 2023-00269528 | |
| 31-12-2021 | full format | 19-07-2022 | 2022-20208472 | |
| 31-12-2020 | full format | 30-07-2021 | 2021-43300229 | |
| 31-12-2019 | full format | 31-07-2020 | 2020-37300565 | |
| 31-12-2018 | full format | 29-07-2019 | 2019-40200222 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41100239 | |
| 31-12-2016 | full format | 27-07-2017 | 2017-36200565 |
Board & ownership
Directors
Directors
1 director, 1 in day-to-day management
Board 1
HARVEY WATER SOFTENERS Ltd
Current
Director · Legal entity · listed in the 2025 annual accounts, filed on 05-08-2026
Day-to-day management 1
HALUTEC GROUP
Current
Managing director · in office according to the act of 15-06-2022 · Legal entity
Statutory auditor 1
3R LEBOUTTE & CO SRL
Current
Statutory auditor · current term since 02-05-2025 · 3-year term from 2025 · permanent representative: Samuel RAHIER · listed in the 2025 annual accounts, filed on 05-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Simon Boyd, élisant domicile au siège de la société aux fins de son mandat, en tant que représentant de Harvey Water Softeners Ltd, société…”
deed of 04-08-2026Owners and capital
Shareholders
1 ownerOwners 1
- Equity €4.0m Profit of €112,234 in 2025 (profit of €208,616 in 2024) Checked score 9550%
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| HARVEY WATER SOFTENERS Ltd |
|
| HALUTEC GROUP |
|
| 3R LEBOUTTE & CO SRL |
|
Network & group
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of HALUTEC. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
05-08
full format · 5 days late
04-08
Gazette deed
Permanent representative: Simon BoydPower of attorney6 points ▸
Gazette deed
Permanent representative: Simon Boyd
Power of attorney6 points ▸
- Board meeting, 26-05-2026
- Permanent representative, Simon Boyd
- Power of attorney, Florence Colpaert
- Power of attorney, Louise Berrier
- Power of attorney, Vadim Van Poppel
- Power of attorney
2025
31-12
Financial
Back to profitnet €178,612
The net result is €178,612, after one loss-making year.
31-12
Financial
Equity above €5mequity €5.1m ▲3.6%
Equity rises from €4.9m to €5.1m.
07-11
Gazette deed
Reappointment: SRL 3R, LEBOUTTE & Co (statutory auditor)2 points ▸
Gazette deed
Reappointment: SRL 3R, LEBOUTTE & Co (statutory auditor)
2 points ▸
- General meeting, 02-05-2025
- Auditor reappointment, SRL 3R, LEBOUTTE & Co (statutory auditor)
31-07
full format · on the deadline day
2024
31-12
Financial
Weakest financial yearnet -€519,770
The net result drops to -€519,770, the lowest from 2018 to 2025. It recovers the following year.
24-07
full format · 7 days before the deadline
2023
24-07
full format · 7 days before the deadline
2022
19-07
full format · 12 days before the deadline
15-06
Gazette deed
Appointment: 3R,LEBOUTTE & Co (statutory auditor)Permanent representative: Luc Chantraine4 points ▸
Gazette deed
Appointment: 3R,LEBOUTTE & Co (statutory auditor)
Permanent representative: Luc Chantraine4 points ▸
- General meeting, 06-05-2022
- Auditor appointment, 3R,LEBOUTTE & Co (statutory auditor)
- Director in office, HALUTEC GROUP (managing director)
- Permanent representative, Luc Chantraine
2021
31-12
Financial
Highest result from 2018 to 2025net €2.2m ▲78%
The operating result of €3.0m and the net result of €2.2m are both a record.
Show earlier events
31-12
Financial
Equity above €5mequity €5.2m ▲33.8%
With a profit in every financial year since 2018, equity grows to €5.2m.
30-07
full format · 1 day before the deadline
2020
31-07
full format · on the deadline day
2019
29-07
full format · 2 days before the deadline
2018
31-07
full format · on the deadline day
2017
27-07
full format · 4 days before the deadline
2003
14-03
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
HALUTEC in French
Enterprise number
0479.713.993
Legal form
Public limited company
Status
Active, normale toestand
Founded
06-03-2003
Entity type
Legal entity
Registered office and establishments
Registered office
Rue de l'Etat 65, 4682 Oupeye, Belgium
Establishment units
Rue Préixhe 12, 4681 Oupeye since 14-05-2003 · unit number 2.131.755.835
MINIMAX LIEGE-NAMUR, Rue de la Vallée(POU) 14, 4350 Remicourt since 24-11-2020 · unit number 2.309.792.803
MINIMAX LUXEMBOURG, Rue des Hêtres 1, 6820 Florenville since 24-11-2020 · unit number 2.309.792.902
MINIMAX ANTWERPEN-LIMBOURG, Stoelstraat 15, 2000 Antwerpen since 24-11-2020 · unit number 2.309.793.001
MINIMAX OOST-ENWEST-VLAANDEREN, Oudenaardestraat 84, 8570 Anzegem since 24-11-2020 · unit number 2.309.793.395
MINIMAX VLAAMS-BRABANT, Gulderij 10, 1980 Zemst since 24-11-2020 · unit number 2.309.793.593
Show 1 more unit
MINIMAX HAINAUT, Rue Albert 1er(LEV) 46, 7134 Binche since 24-11-2020 · unit number 2.309.793.989
Activities
NACEBEL 2025VAT activities
46649
Wholesale of other machinery and equipment main activity
Social security (RSZ) activities
46649
Wholesale of other machinery and equipment main activity
Codes under NACEBEL 2008
VAT activities
46699
Wholesale trade main activity
Social security (RSZ) activities
46699
Wholesale trade main activity
Codes under NACEBEL 2003
VAT activities
51873
main activity
Social security (RSZ) activities
51872
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149.04 Paritair Subcomité voor de metaalhandel annual accounts 2025
Invoicing and payment
VAT number
BE 0479.713.993
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
10.3 ha
Building footprint
2.1 ha
Building volume
149,834 m³
Tallest building: 20.0 m.
Flanders
3
(37.5%)
Wallonia
5
(62.5%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 85011C0861/00T003 | Wallonia | 4.9 ha | - | - |
| 34038B0064/00F002 | Flanders | 3.0 ha | 1 · 1.9 ha | 11.3 m · 2 |
| 56043A0250/00D003 | Wallonia | 1.4 ha | 1 · 987 m² | 9.5 m · 1 |
| 62049A1412/00K000 | Wallonia | 4,925 m² | - | - |
| 23096B0348/00M000 | Flanders | 1,628 m² | 1 · 186 m² | 9.4 m · 1 |
| 62057B0368/00K000 | Wallonia | 1,271 m² | 1 · 212 m² | 12.3 m · 3 |
| 64061A0324/00D000 | Wallonia | 975 m² | 1 · 85 m² | 7.8 m · 2 |
| 11002A2233/00A000 | Flanders | 175 m² | 1 · 168 m² | 20.0 m · 5 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.