ACTIVE

HALFEN

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,1 M €

+19.8% YoY

Revenue

7,6 M €

+5.3% YoY

Equity

739,3 k €

-89.6% YoY

Workforce

12,3 ETP

-5.4% YoY

What does HALFEN do?

HALFEN is a Public limited company incorporated in 1968. Its registered office is in Schoten. It employs on average 12,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0401.906.236

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Borkelstraat 131
2900 Schoten · FlandreSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Average workforce

12,3 ETP

Joint committees (3)

14904
200
218

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	7,6 M €	+5.3%	7,2 M €	-20.8%	9,1 M €	-3.0%	9,4 M €	+4.0%	9,1 M €	-6.2%	9,7 M €	+16.3%	8,3 M €	-2.6%	8,5 M €	-8.5%	9,3 M €	+12.5%	8,3 M €	+9.3%	7,6 M €	-4.8%	8 M €	+16.7%	6,8 M €	-23.3%	8,9 M €	-10.1%	9,9 M €	+8.5%	9,1 M €	+9.3%	8,4 M €	-11.8%	9,5 M €
EBITDA	1,5 M €	+59.0%	919,3 k €	+27.9%	718,7 k €	+74.4%	412,2 k €	-23.6%	539,3 k €	-68.3%	1,7 M €	+54.3%	1,1 M €	-28.4%	1,5 M €	-7.7%	1,7 M €	+21.5%	1,4 M €	+25.5%	1,1 M €	-10.0%	1,2 M €	+46.1%	831,4 k €	-40.0%	1,4 M €	-7.1%	1,5 M €	+34.3%	1,1 M €	+1.8%	1,1 M €	-16.0%	1,3 M €
Operating result	1,4 M €	+58.3%	910,1 k €	+27.9%	711,4 k €	+76.3%	403,5 k €	-22.6%	521,5 k €	-68.9%	1,7 M €	+55.5%	1,1 M €	-29.2%	1,5 M €	-7.9%	1,7 M €	+23.5%	1,3 M €	+28.9%	1 M €	-13.1%	1,2 M €	+47.2%	811,6 k €	-40.2%	1,4 M €	-8.0%	1,5 M €	+37.9%	1,1 M €	+1.5%	1,1 M €	-15.7%	1,2 M €
Net result	1,1 M €	+19.8%	934,9 k €	+10.8%	843,8 k €	+99.6%	422,7 k €	+10.9%	381 k €	-69.5%	1,3 M €	+66.5%	751,3 k €	-30.4%	1,1 M €	-1.1%	1,1 M €	+15.6%	943,8 k €	+20.7%	782 k €	-16.3%	934,1 k €	+42.7%	654,5 k €	-38.3%	1,1 M €	-17.3%	1,3 M €	+33.3%	961,6 k €	-2.4%	985,1 k €	-24.0%	1,3 M €
Balance sheet
Equity	739,3 k €	-89.6%	7,1 M €	-36.3%	11,2 M €	+8.2%	10,3 M €	-58.5%	24,9 M €	+1.6%	24,5 M €	+5.4%	23,3 M €	+3.3%	22,5 M €	+5.0%	21,5 M €	+5.4%	20,4 M €	+4.9%	19,4 M €	+4.2%	18,6 M €	+5.3%	17,7 M €	+3.8%	17,1 M €	+6.6%	16 M €	+8.7%	14,7 M €	+7.0%	13,7 M €	+7.7%	12,8 M €
Total assets	5,7 M €	-31.8%	8,3 M €	-30.1%	11,9 M €	-54.2%	26 M €	-1.0%	26,3 M €	+5.2%	25 M €	+4.7%	23,8 M €	+4.1%	22,9 M €	+3.5%	22,1 M €	+3.7%	21,4 M €	+6.1%	20,1 M €	+4.4%	19,3 M €	+5.9%	18,2 M €	+2.7%	17,7 M €	+6.2%	16,7 M €	+9.3%	15,3 M €	+2.1%	15 M €	+8.4%	13,8 M €
Cash	15 k €	+1498%	941 €	+1048%	82 €	0.0%	82 €	0.0%	82 €	-24.1%	108 €	+1100%	9 €	-93.8%	145 €	-24.9%	193 €	-54.2%	421 €	-55.9%	955 €	-45.2%	1,7 k €	+218%	549 €	+22.3%	449 €	+76.1%	255 €	+5.4%	242 €	-18.0%	295 €	-100.0%	11,6 M €
Debts	4,8 M €	+306%	1,2 M €	+66.9%	711,4 k €	-95.5%	15,7 M €	+1061%	1,3 M €	+218%	424,3 k €	-22.7%	548,8 k €	+51.8%	361,4 k €	-46.1%	670 k €	-30.8%	968,3 k €	+44.4%	670,3 k €	+9.7%	611 k €	+35.2%	451,9 k €	-25.3%	605,4 k €	-5.7%	641,7 k €	+38.3%	463,9 k €	-58.7%	1,1 M €	+16.5%	962,9 k €
Other
Workforce	12,3 ETP	-5.4%	13,0 ETP	+4.0%	12,5 ETP	0.0%	12,5 ETP	-11.3%	14,1 ETP	0.0%	14,1 ETP	+0.7%	14,0 ETP	+3.7%	13,5 ETP	-6.3%	14,4 ETP	+3.6%	13,9 ETP	+2.2%	13,6 ETP	+7.9%	12,6 ETP	-6.0%	13,4 ETP	-3.6%	13,9 ETP	-4.1%	14,5 ETP	-1.4%	14,7 ETP	-6.4%	15,7 ETP	-10.3%	17,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 24 ended

Active mandates

Jeremy James HALLETT

Director · since 12 novembre 2025 · until 12 novembre 2031

Active

Nico RAMSTETTER

Director · since 30 avril 2025 · until 30 avril 2031

Active

Stefanie HESPEEL

Director · since 26 novembre 2024 · until 26 novembre 2030

Active

B. Moereels

Managing director · since 27 juin 2024 · until 27 juin 2030 · 0890.752.780

Represented by Bart MOEREELS

Active

Angeline CHAIGNEAU

Director · since 15 décembre 2022 · until 12 novembre 2025

Active

Frédéric PARAYRE

Director · since 24 novembre 2022 · until 30 avril 2025

Active

Ended mandates

Angeline CHAIGNEAU

Director · since 15 décembre 2022 · until 02 juin 2028

Ended

Frédéric PARAYRE

Director · since 24 novembre 2022 · until 02 juin 2028

Ended

B. Moereels

Managing director · since 01 juin 2018 · until 07 juin 2024 · 0890.752.780

Represented by Bart MOEREELS

Ended

B. Moereels

Managing director · since 01 juin 2018 · until 27 juin 2024 · 0890.752.780

Represented by Bart MOEREELS

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/05/2026	29/07/2025	02/07/2024	06/07/2023	05/07/2022	06/07/2021
General meeting	29/04/2026	30/06/2025	27/06/2024	26/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/04/2026	22/05/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	26/06/2023	06/07/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	04/06/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	05/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	19/06/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	11/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	02/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	20/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	12/07/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	10/07/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 24 ended

Active mandates

Jeremy James HALLETT

Director · since 12 novembre 2025 · until 12 novembre 2031

Active

Nico RAMSTETTER

Director · since 30 avril 2025 · until 30 avril 2031

Active

Stefanie HESPEEL

Director · since 26 novembre 2024 · until 26 novembre 2030

Active

B. Moereels

Managing director · since 27 juin 2024 · until 27 juin 2030 · 0890.752.780

Represented by Bart MOEREELS

Active

Angeline CHAIGNEAU

Director · since 15 décembre 2022 · until 12 novembre 2025

Active

Frédéric PARAYRE

Director · since 24 novembre 2022 · until 30 avril 2025

Active

Ended mandates

Angeline CHAIGNEAU

Director · since 15 décembre 2022 · until 02 juin 2028

Ended

Frédéric PARAYRE

Director · since 24 novembre 2022 · until 02 juin 2028

Ended

B. Moereels

Managing director · since 01 juin 2018 · until 07 juin 2024 · 0890.752.780

Represented by Bart MOEREELS

Ended

B. Moereels

Managing director · since 01 juin 2018 · until 27 juin 2024 · 0890.752.780

Represented by Bart MOEREELS

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other29/01/2024
ALGEMENE VERGADERING
PDF
Mandates02/02/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,1 M €↑
2024
Annual accounts 2024934,9 k €↑
2023
Annual accounts 2023843,8 k €↑
2022
Annual accounts 2022422,7 k €↑
2021
Annual accounts 2021381 k €↓
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019751,3 k €↓
2018
Annual accounts 20181,1 M €↓
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016943,8 k €↑
2015
Annual accounts 2015782 k €↓
2014
Annual accounts 2014934,1 k €↑
2013
Annual accounts 2013654,5 k €↓
2012
Annual accounts 20121,1 M €↓
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 2010961,6 k €↓
2009
Annual accounts 2009985,1 k €↓
2008
Annual accounts 20081,3 M €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HALFEN

Overview

What does HALFEN do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline