SADIK HALAC
ActiveSADIK HALAC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €3k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 18035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+29
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 3.62 in 2024), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
69%
Return on assets
6.9%
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
28 d late
2023
27 d early
2022
49 d early
2021
61 d late
2020
30 d late
2019
55 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€442k
EBIT margin
1.6%
Net result
€3k
2024 · €-5k
2018: €8k
2019: €219
2020: €3k
2021: €2k
2022: €1k
2023: €-2k
2024: €-5k
2018 → 2025
Working capital
€31k▲ 12.3%
2024 · €28k
2018: €14k
2019: €25k
2020: €28k
2021: €30k
2022: €36k
2023: €33k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€442k
Equity€30k-€36k▲ 19.4%€34k▼ 5.3%€29k▼ 15.3%€32k▲ 11.1%
Operating result€6k-€7k▲ 20.5%€5k▼ 23.2%€550▼ 89.3%€7k▲ 1,187%
Net result€2k-€1k▼ 25.6%€-2k€-5k▼ 173%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,187% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€568▼ 28.8%
Current assets
€46k▲ 18.5%
Equity and liabilities €46k
Equity
€32k▲ 11.1%
Debt
€14k▲ 34.8%
The debt ratio rises from 27.1% to 31.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€7k▲
2024 · €780
Cash flow
€3k▲
2024 · €-5k
Solvency
69.0%▼
2024 · 72.9%
Current ratio
3.18▼
2024 · 3.62
Quick ratio
0.60▲
2024 · 0.49
Debt / equity
0.45▲
2024 · 0.37
ROE
10.0%▲
2024 · -18.1%
ROA
6.9%▲
2024 · -13.2%
Interest coverage
4.22▲
2024 · 0.15
Debt
€14k▲
2024 · €11k
Debt ≤ 1 year
€14k▲
2024 · €11k
Income taxes
€2k▲
2024 · €541
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€46k▲
Fixed assets21/28€798€568▼
Tangible fixed assets22/27€798€568▼
Plant, machinery and equipment23€798€568▼
Current assets29/58€38k€46k▲
Stocks and contracts in progress3€33k€37k▲
Stocks30/36€33k€37k▲
Amounts receivable within one year40/41€21€14▼
Trade receivables40€0€14▲
Other amounts receivable41€21-
Cash at bank and in hand54/58€5k€9k▲
Deferred charges and accrued income490/1€343-
Equity and liabilities
Total equity and liabilities10/49€39k€46k▲
Equity10/15€29k€32k▲
Contributions10/11€19k€19k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14-€3k
Amounts payable17/49€11k€14k▲
Amounts payable within one year42/48€11k€14k▲
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€413€71▼
Income statement
Code20242025
Turnover70-€442k
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61-€438k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230€230=
Other operating charges640/8€2k€6k▲
Gross operating margin9900€3k€13k▲
Operating profit (loss)9901€550€7k▲
Financial income75/76B€3€40▲
Recurring financial income75€3€40▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€-5k€5k▲
Income taxes67/77€541€2k▲
Profit (loss) for the period9904€-5k€3k▲
Profit (loss) for the period to be appropriated9905€-5k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€3k▲
Transfer from equity791/2€5k-
The notes to these accounts (8 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 · micro schema · 31 days late
31-03
State Gazette act
Purpose · Statutes amendment · Legal-form change · Resignations & appointmentsGeneral meeting · Purpose change · Statutes amendment8 facts ▸
State Gazette act
Purpose · Statutes amendment · Legal-form change · Resignations & appointments
General meeting · Purpose change · Statutes amendment8 facts ▸
- General meeting, 27 maart 2026
- Purpose change, De vennootschap heeft tot doel: - Verkoop in groot- en kleinhandel, import en export van: - Tabak, sigaretten en andere rookwaren; -Algemene voeding, alcoholisc…
- Statutes amendment
- Legal-form conversion, Besloten vennootschap (BV)
- Reserve release, Statutair onbeschikbare eigen vermogensrekening opgeheven en middelen beschikbaar gemaakt voor uitkering.
- Director appointment, SADIK HALAC (bestuurder)
- Corporate purpose, De vennootschap heeft tot doel: - Verkoop in groot- en kleinhandel, import en export van: - Tabak, sigaretten en andere rookwaren; -Algemene voeding, alcoholisc…
- Capital
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 15.86
Current ratio from 7.38 to 15.86; short-term debt falls from €5k to €2k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.35 to 2.79; short-term debt falls from €40k to €14k.
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 105 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 76 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2014
Resigned as Manager
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2010
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.
Stationsplein(Kor) 4A8500 KortrijkGround area
446 m²
Building footprint
248 m²
Volume, LiDAR
3,776 m³
Parcel 34022E0027/00M004, Flanders · tallest building 18.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SADIK HALAC
since 20102.185.166.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0027/00M004 | Flanders | 446 m² | 1 · 248 m² | 18.2 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.185.166.015
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 4,471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2010
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260Retail trade
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.