LUC VANDERHALLEN
ActiveSummary
LUC VANDERHALLEN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €208k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 62% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-9
Solvency80▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.52 in 2024; short-term debt: 43.8% and cash: 22.4% of total assets), and 45.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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
54.9%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
83 d late
2022
59 d late
2021
99 d late
2020
55 d late
2019
123 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M=
2024 · €1.16M
2018: €1.15M
2019: €1.25M
2020: €1.50M
2021: €1.04M
2022: €1.23M
2023: €1.37M
2024: €1.16M
2018 → 2025
Total assets
€2.12M▲ 5.1%
2024 · €2.02M
2018: €1.32M
2019: €1.63M
2020: €1.92M
2021: €2.16M
2022: €1.95M
2023: €1.87M
2024: €2.02M
2018 → 2025
Net result
€208k▼ 39.5%
2024 · €343k
2018: €61k
2019: €98k
2020: €257k
2021: €237k
2022: €190k
2023: €139k
2024: €343k
2018 → 2025
Working capital
€1.13M▼ 5.2%
2024 · €1.19M
2018: €1.11M
2019: €1.19M
2020: €1.39M
2021: €1.14M
2022: €1.29M
2023: €1.40M
2024: €1.19M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.04M-€1.23M▲ 18.3%€1.37M▲ 11.3%€1.16M▼ 15.1%€1.16M=
Operating result€319k-€237k▼ 25.7%€181k▼ 23.5%€366k▲ 102%€252k▼ 31.1%
Net result€237k-€190k▼ 19.5%€139k▼ 27.0%€343k▲ 147%€208k▼ 39.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.12M
Fixed assets
€65k ▲ 33.9%
Current assets
€2.05M ▲ 4.4%
Equity and liabilities €2.12M
Equity
€1.16M =
Debt
€957k ▲ 12.1%
Debt's share of the balance-sheet total rises from 42.3% to 45.1%. Debt is higher.
Key figures and ratios
EBITDA
€275k▼
2024 · €392k
Cash flow
€230k▼
2024 · €368k
Current ratio
2.21▼
2024 · 2.52
Quick ratio
1.61▼
2024 · 1.83
Debt to equity
0.82▲
2024 · 0.73
ROE
17.8%▼
2024 · 29.5%
ROA
9.8%▼
2024 · 17.0%
Interest coverage
32.62▼
2024 · 53.58
Debt ≤ 1 year
€929k▲
2024 · €780k
Debt > 1 year
€28k▼
2024 · €73k
Income taxes
€65k▲
2024 · €45k
Staff costs
€358k▲
2024 · €325k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.02M€2.12M▲
Fixed assets21/28€49k€65k▲
Tangible fixed assets22/27€48k€65k▲
Land and buildings22€11k€11k▲
Plant, machinery and equipment23€28k€19k▼
Furniture and vehicles24€9k€34k▲
Financial fixed assets28€179€179=
Current assets29/58€1.97M€2.05M▲
Stocks and contracts in progress3€542k€559k▲
Stocks30/36€262k€345k▲
Contracts in progress37€280k€214k▼
Amounts receivable within one year40/41€1.14M€1,000k▼
Trade receivables40€819k€621k▼
Other amounts receivable41€320k€379k▲
Cash at bank and in hand54/58€270k€475k▲
Deferred charges and accrued income490/1€17k€20k▲
Equity and liabilities
Total equity and liabilities10/49€2.02M€2.12M▲
Equity10/15€1.16M€1.16M=
Contributions10/11€295k€295k=
Reserves13€507k€507k=
Non-distributable reserves130/1€39€39=
Reserves not available under the articles1311€39€39=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€503k€503k=
Profit (loss) carried forward14€360k€360k=
Amounts payable17/49€853k€957k▲
Amounts payable after more than one year17€73k€28k▼
Financial debts170/4€73k€28k▼
Amounts payable within one year42/48€780k€929k▲
Current portion of amounts payable after more than one year42€14k€4k▼
Trade debts44€51k€60k▲
Suppliers440/4€51k€60k▲
Taxes, remuneration and social security45€34k€45k▲
Taxes450/3€34k€28k▼
Remuneration and social security454/9-€17k
Other amounts payable47/48€682k€819k▲
Income statement
Code20242025
Remuneration, social security and pensions62€325k€358k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€23k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€722k€638k▼
Operating profit (loss)9901€366k€252k▼
Financial income75/76B€29k€29k▼
Recurring financial income75€29k€29k▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€388k€272k▼
Income taxes67/77€45k€65k▲
Profit (loss) for the period9904€343k€208k▼
Profit (loss) for the period to be appropriated9905€343k€208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€910k€568k▼
Profit (loss) brought forward from the previous period14P€568k€360k▼
Profit to be distributed694/7€550k€208k▼
Return on contributions (dividend)694€300k€208k▼
Directors or managers695€250k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €343k ▲147%
Operating result €366k, net result €343k, both a record.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 83 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 99 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 123 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Maasmechelen · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kerkstraat(O) 103630 MaasmechelenGround area
1,158 m²
Building footprint
216 m²
Volume, LiDAR
1,238 m³
Parcel 73060A0074/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kerkstraat(O) 10, 3630 Maasmechelen
since 19982.131.291.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060A0074/00C000 | Flanders | 1,158 m² | 1 · 216 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 to 2025 · 3 entries · 1,106 EUR awarded · 1,652 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 534 EUR | 534 EUR |
| 2023 | 2 | 572 EUR | 1,118 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
5 categoriesLUC VANDERHALLEN BV35205
Dual-learning approval
3 live approvals · 2 endedMonteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Vakman installatietechnieken (vwo)
Show 2 ended approvals
Monteur centrale verwarming (so)
Sanitair installateur (so)
Similar companies · same sector, comparable size
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K.L. ELECTRO
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HEVM
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MUYSHONDT SECURITY SOLUTIONS
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 4,236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.