ACTIVE

HALTON

Financial year 2025 · closed on 31/12/2025
Net result
53,1 k €
+145.5% YoY
Gross margin
824,2 k €
-19.7% YoY
Equity
-515,2 k €
+9.3% YoY
Workforce
6,7 ETP
-8.2% YoY

What does HALTON do?

HALTON is a Public limited company incorporated in 1991. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Leuven. It employs on average 6,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.841.307
Incorporation
01/08/1991
Legal form
Public limited company
Registered office
Interleuvenlaan 62
3001 Leuven · FlandreSee on map
Contributed capital
495 787,05 €
Latest accounts
31/12/2025
Average workforce
6,7 ETP
Joint committees (2)
  • 14904
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin824,2 k €1,0 M €1,2 M €577,7 k €819,8 k €783,0 k €994,0 k €567,5 k €831,3 k €774,3 k €
EBITDA72,8 k €-70,4 k €326,4 k €-290,2 k €-262,3 k €-314,6 k €55,6 k €-403,8 k €-93,0 k €-35,6 k €14,4 k €73,4 k €58,7 k €24,5 k €35,3 k €66,5 k €56,9 k €168,9 k €190,9 k €118,7 k €
Operating result66,9 k €-109,7 k €299,8 k €-233,5 k €-225,4 k €-289,6 k €20,0 k €-309,0 k €-219,0 k €-42,2 k €13,3 k €65,2 k €55,6 k €21,4 k €60,9 k €38,5 k €50,2 k €165,3 k €202,8 k €108,7 k €
Net result53,1 k €-116,8 k €285,2 k €-251,2 k €-246,0 k €-308,1 k €1,6 k €-320,8 k €-229,9 k €-49,2 k €-3,2 k €36,9 k €29,5 k €5,9 k €31,4 k €18,8 k €29,0 k €97,1 k €143,3 k €91,5 k €
Balance sheet
Equity-515,2 k €-568,3 k €-451,6 k €-736,8 k €-485,6 k €-239,5 k €68,6 k €67,0 k €387,8 k €617,7 k €666,9 k €670,1 k €633,2 k €603,6 k €597,7 k €566,3 k €547,5 k €518,6 k €421,5 k €278,2 k €
Total assets1,8 M €1,9 M €1,4 M €1,7 M €1,6 M €1,9 M €2,2 M €2,0 M €2,3 M €2,6 M €2,1 M €1,7 M €2,2 M €1,8 M €1,6 M €1,4 M €1,8 M €1,5 M €1,0 M €1,3 M €
Cash387,1 k €341,3 k €421,7 k €494,7 k €388,7 k €450,6 k €251,1 k €284,1 k €393,0 k €372,7 k €300,0 k €300,0 k €280,3 k €304,1 k €446,7 k €410,9 k €237,3 k €396,7 k €443,0 k €256,7 k €
Debts2,2 M €2,4 M €1,8 M €2,4 M €2,0 M €1,9 M €2,0 M €1,8 M €1,8 M €1,9 M €1,4 M €1,0 M €1,6 M €1,2 M €1,0 M €850,5 k €1,2 M €991,9 k €608,2 k €1,0 M €
Other
Workforce6,7 ETP7,3 ETP8,6 ETP8,9 ETP12,0 ETP13,6 ETP11,2 ETP12,9 ETP11,7 ETP8,9 ETP8,5 ETP7,0 ETP5,7 ETP5,6 ETP5,6 ETP5,3 ETP5,6 ETP5,6 ETP4,9 ETP5,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

Georges Gaspar

Director · since 21 juin 2023 · until 21 juin 2025

Active
Kai Konola

Director · since 21 juin 2023 · until 01 juin 2029

Active
Mikko Mattila

Director · since 21 juin 2023 · until 01 juin 2029

Active

Ended mandates

Georges Gaspar

Director · since 17 novembre 2021 · until 17 février 2027

Ended
Georges Gaspar

Director · since 17 novembre 2021 · until 17 février 2029

Ended
Kai Konola

Director · since 17 novembre 2021 · until 17 février 2027

Ended
Kai Konola

Director · since 17 novembre 2021 · until 17 février 2029

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202610/09/202531/08/202430/08/202330/08/202208/12/2021
General meeting05/06/202627/08/202521/02/202425/08/202316/08/202217/11/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202610/06/2026DutchPDF
Abridged model31/12/202427/08/202510/09/2025DutchPDF
Abridged model31/12/202321/02/202431/08/2024DutchPDF
Abridged model31/12/202225/08/202330/08/2023DutchPDF
Abridged model31/12/202116/08/202230/08/2022DutchPDF
Abridged model31/12/202017/11/202108/12/2021DutchPDF
Abridged model31/12/201908/09/202009/11/2020DutchPDF
Abridged model31/12/201830/07/201930/08/2019DutchPDF
Abridged model31/12/201721/02/201829/08/2018DutchPDF
Abridged model31/12/201615/02/201729/08/2017DutchPDF
Full model31/12/201517/02/201629/08/2016DutchPDF
Full model31/12/201418/02/201522/07/2015DutchPDF
Full model31/12/201319/02/201421/08/2014DutchPDF
Full model31/12/201220/02/201317/07/2013DutchPDF
Full model31/12/201115/02/201229/08/2012DutchPDF
Full model31/12/201016/02/201128/07/2011DutchPDF
Full model31/12/200917/02/201027/08/2010DutchPDF
Full model31/12/200818/02/200931/08/2009DutchPDF
Full model31/12/200720/02/200811/08/2008DutchPDF
Full model31/12/200621/02/200718/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 23 ended

Active mandates

Georges Gaspar

Director · since 21 juin 2023 · until 21 juin 2025

Active
Kai Konola

Director · since 21 juin 2023 · until 01 juin 2029

Active
Mikko Mattila

Director · since 21 juin 2023 · until 01 juin 2029

Active

Ended mandates

Georges Gaspar

Director · since 17 novembre 2021 · until 17 février 2027

Ended
Georges Gaspar

Director · since 17 novembre 2021 · until 17 février 2029

Ended
Kai Konola

Director · since 17 novembre 2021 · until 17 février 2027

Ended
Kai Konola

Director · since 17 novembre 2021 · until 17 février 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates12/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/06/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/07/2019
    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

Timeline

  1. 2025
    Annual accounts 202553,1 k €
  2. 2024
    Annual accounts 2024-116,8 k €
  3. 2023
    Annual accounts 2023285,2 k €
  4. 2022
    Annual accounts 2022-251,2 k €
  5. 2021
    Annual accounts 2021-246,0 k €
  6. 2020
    Annual accounts 2020-308,1 k €
  7. 2019
    Annual accounts 20191,6 k €
  8. 2018
    Annual accounts 2018-320,8 k €
  9. 2017
    Annual accounts 2017-229,9 k €
  10. 2016
    Annual accounts 2016-49,2 k €
  11. 2015
    Annual accounts 2015-3,2 k €
  12. 2014
    Annual accounts 201436,9 k €
  13. 2013
    Annual accounts 201329,5 k €
  14. 2012
    Annual accounts 20125,9 k €
  15. 2011
    Annual accounts 201131,4 k €
  16. 2010
    Annual accounts 201018,8 k €
  17. 2009
    Annual accounts 200929,0 k €
  18. 2008
    Annual accounts 200897,1 k €
  19. 2007
    Annual accounts 2007143,3 k €
  20. 2006
    Annual accounts 200691,5 k €
  21. 01/08/1991
    IncorporationPublic limited company