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HalalSupply

Active
Public limited companyfounded 201114 yrs activeKiewitstraat 177, 3500 Hasselt, BelgiumKBO/BCE: BE 0842.305.240
Summary

HalalSupply has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.77M and a net result of €490k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-4
Solvency43=
Growth70=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.17 in 2024; short-term debt: 77.6% and cash: 12.6% of total assets), and 81.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.3%
Return on assets
1.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 643 sector peers (2025).
NBB · sector comparison
Position among 643 sector peers
Solvency
better than 24%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
15 d early
2023
22 d early
2022
24 d early
2021
5 d early
2020
15 d early
2019
69 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€22.34M▲ 6.7%
2024 · €20.94M
2018: €14.12M 2019: €14.86M 2020: €15.76M 2021: €17.70M 2022: €20.80M 2023: €21.95M 2024: €20.94M
2018 → 2025
EBIT margin
3.0%▼ 2.2pp
2024 · 5.2%
2018: 2.2% 2019: 3.4% 2020: 3.9% 2021: 4.8% 2022: 2.0% 2023: 4.6% 2024: 5.2%
2018 → 2025
Net result
€490k▼ 40.8%
2024 · €828k
2018: €170k 2019: €314k 2020: €433k 2021: €587k 2022: €272k 2023: €761k 2024: €828k
2018 → 2025
Working capital
€3.63M▲ 17.3%
2024 · €3.09M
2018: €571k 2019: €1.19M 2020: €1.94M 2021: €1.44M 2022: €1.59M 2023: €2.32M 2024: €3.09M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€17.70M-€20.80M▲ 17.5%€21.95M▲ 5.5%€20.94M▼ 4.6%€22.34M▲ 6.7%
Equity€2.67M-€2.69M▲ 0.8%€3.45M▲ 28.3%€4.28M▲ 24.0%€4.77M▲ 11.5%
Operating result€844k-€408k▼ 51.7%€1.01M▲ 146%€1.09M▲ 8.8%€671k▼ 38.6%
Net result€587k-€272k▼ 53.7%€761k▲ 180%€828k▲ 8.8%€490k▼ 40.8%
Result per fiscal year
Operating resultNet result
€0€500k€1.00MOperating result 2021: €844k€844kNet result 2021: €587k€587kOperating result 2022: €408k€408kNet result 2022: €272k€272kOperating result 2023: €1.01M€1.01MNet result 2023: €761k€761kOperating result 2024: €1.09M€1.09MNet result 2024: €828k€828kOperating result 2025: €671k€671kNet result 2025: €490k€490k20212022202320242025€0€500k€1MOperating result 2023: €1.01M€1MNet result 2023: €761k€761kOperating result 2024: €1.09M€1.1MNet result 2024: €828k€828kOperating result 2025: €671k€671kNet result 2025: €490k€490k202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26.03M
Fixed assets €2.20M ▲ 15.3%
Current assets €23.84M ▲ 11.6%
Equity and liabilities €26.03M
Equity €4.77M ▲ 11.5%
Debt €21.27M ▲ 12.1%
Debt's share of the balance-sheet total rises from 81.6% to 81.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.18M
2024 · €1.47M
Cash flow
€1.00M
2024 · €1.20M
Current ratio
1.18
2024 · 1.17
Quick ratio
1.08
2024 · 1.09
Debt to equity
4.46
2024 · 4.44
ROE
10.3%
2024 · 19.3%
ROA
1.9%
2024 · 3.6%
Interest coverage
21.30
2024 · 33.13
Debt ≤ 1 year
€20.21M
2024 · €18.26M
Debt > 1 year
€509k
2024 · €108k
Income taxes
€178k
2024 · €310k
Staff costs
€2.61M
2024 · €2.30M
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 · 79 lines
Balance sheet Code20242025
Assets
Total assets20/58€23.26M€26.03M
Fixed assets21/28€1.91M€2.20M
Intangible fixed assets21€35k€18k
Tangible fixed assets22/27€1.87M€2.18M
Plant, machinery and equipment23€1.70M€1.43M
Furniture and vehicles24€25k€16k
Leasing and similar rights25€85k€681k
Other tangible fixed assets26€65k€55k
Current assets29/58€21.35M€23.84M
Amounts receivable after more than one year29€261k€114k
Other amounts receivable291€261k€114k
Stocks and contracts in progress3€1.48M€1.91M
Stocks30/36€1.48M€1.91M
Raw materials and consumables30/31€1.14M€1.50M
Finished goods33€348k€416k
Amounts receivable within one year40/41€16.12M€18.50M
Trade receivables40€12.23M€15.06M
Other amounts receivable41€3.88M€3.44M
Cash at bank and in hand54/58€3.46M€3.28M
Deferred charges and accrued income490/1€32k€31k
Equity and liabilities
Total equity and liabilities10/49€23.26M€26.03M
Equity10/15€4.28M€4.77M
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€50k€261k
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132-€211k
Profit (loss) carried forward14€3.73M€4.01M
Amounts payable17/49€18.98M€21.27M
Amounts payable after more than one year17€108k€509k
Financial debts170/4€108k€509k
Leasing and similar obligations172€52k€509k
Credit institutions173€56k-
Amounts payable within one year42/48€18.26M€20.21M
Current portion of amounts payable after more than one year42€383k€229k
Financial debts43€2.19M€2.39M
Credit institutions430/8€2.19M€2.39M
Trade debts44€15.27M€17.15M
Suppliers440/4€15.27M€17.15M
Taxes, remuneration and social security45€413k€390k
Taxes450/3€116k€28k
Remuneration and social security454/9€297k€362k
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3€611k€546k
Income statement Code20242025
Operating income70/76A€21.09M€22.46M
Turnover70€20.94M€22.34M
Change in stocks of work in progress, finished goods and contracts in progress71€7k€68k
Other operating income74€30k€37k
Non-recurring operating income76A€120k€21k
Operating charges60/66A€20.00M€21.79M
Goods for resale, raw materials and consumables60€11.66M€12.93M
Purchases600/8€11.59M€13.29M
Change in stocks: decrease (increase)609€73k€-363k
Services and other goods61€5.61M€5.70M
Remuneration, social security and pensions62€2.30M€2.61M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372k€512k
Other operating charges640/8€32k€33k
Non-recurring operating charges66A€24k€5k
Operating profit (loss)9901€1.09M€671k
Financial income75/76B€194k€144k
Recurring financial income75€194k€144k
Income from current assets751€191k€144k
Other financial income752/9€3k-
Financial charges65/66B€150k€147k
Recurring financial charges65€150k€147k
Debt charges650€44k€56k
Other financial charges652/9€106k€92k
Profit (loss) for the period before taxes9903€1.14M€668k
Income taxes67/77€310k€178k
Taxes670/3€310k€180k
Tax adjustments and reversals of tax provisions77€146€2k
Profit (loss) for the period9904€828k€490k
Transfer to tax-exempt reserves689-€211k
Profit (loss) for the period to be appropriated9905€828k€280k
Appropriation of the result
Profit (loss) to be appropriated9906€3.73M€4.01M
Profit (loss) brought forward from the previous period14P€2.90M€3.73M
Social balance
Average headcount (FTE)908735.439.7

The notes to these accounts (70 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €828k ▲8.8%
Operating result €1.09M, net result €828k, both a record.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial Equity above €2MEq €2.15M ▲17.1%
2 profitable years in a row build equity to €2.15M.
23-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 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, Hasselt · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Kiewitstraat 1773500 Hasselt
Ground area
2.5 ha
Building footprint
9,448 m²
Volume, LiDAR
56,987 m³
Parcel 71322A0415/00E000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HalalSupply
Kiewitstraat 177, 3500 HasseltManufacture of food products
since 20122.206.238.076
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0415/00E000 Flanders 2.5 ha 1 · 9,448 m² 8.6 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

2022 to 2025 · 4 entries · 1,253 EUR awarded · 1,196 EUR paid
Year Entries awardedpaid
2025 1 856 EUR856 EUR
2024 1 57 EUR44 EUR
2023 1 177 EUR133 EUR
2022 1 163 EUR163 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 1,253 EUR · 1,196 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.206.238.076
1 permission
Erkenning · Fabrikant vleesproducten · since 27-01-2012

Similar companies · same sector, comparable size

Of 328 companies in sector 10130 we hold annual accounts for 233. 121 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 formPublic limited company
Founded30-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
10130Manufacture of food products
46389Wholesale of other food products
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.