ACTIVE

HALMES

Financial year 2025 · closed on 31/12/2025
Net result
-17,1 k €
-131.8% YoY
Gross margin
2,8 M €
-10.6% YoY
Equity
158,8 k €
-10.1% YoY
Workforce
59,2 ETP
-6.9% YoY

What does HALMES do?

HALMES is a Public limited company incorporated in 1994. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Bütgenbach. It employs on average 59,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.911.617
Incorporation
08/02/1994
Legal form
Public limited company
Registered office
Zur Domäne 49
4750 Bütgenbach · WallonieSee on map
Contributed capital
89 241,67 €
Latest accounts
31/12/2025
Average workforce
59,2 ETP
Joint committees (3)
  • 118
  • 201
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,8 M €3,2 M €3,1 M €2,9 M €3,1 M €2,8 M €2,8 M €2,6 M €2,5 M €2,3 M €2,2 M €1,9 M €1,6 M €1,6 M €1,5 M €1,4 M €1,3 M €1,1 M €842,9 k €759,8 k €
EBITDA269,3 k €436 k €351,1 k €403,3 k €679,4 k €742,3 k €600,6 k €447,8 k €477,5 k €393,2 k €394,9 k €221,8 k €263,4 k €203,4 k €217,2 k €304,5 k €288,2 k €219,5 k €169,9 k €172 k €
Operating result35,9 k €148,6 k €11,9 k €-27,2 k €199,5 k €321,7 k €207,5 k €64,2 k €147,5 k €126,4 k €168,1 k €10,4 k €25,8 k €-21,9 k €-18,7 k €83,7 k €59,9 k €-67,5 k €-140 k €-35,6 k €
Net result-17,1 k €53,9 k €-70,4 k €-112,5 k €107 k €257,2 k €147,8 k €1,5 k €100 k €81,2 k €117,9 k €-51,2 k €-14,4 k €-78,2 k €-58,9 k €23,2 k €7,2 k €-124,9 k €-192,9 k €-37,4 k €
Balance sheet
Equity158,8 k €176,5 k €143,3 k €214,3 k €331,8 k €279,8 k €77,6 k €-65,2 k €-61,7 k €-156,7 k €-232,9 k €-345,8 k €-289,6 k €-264,9 k €-176,3 k €-103,7 k €-113,3 k €-106,9 k €40,4 k €205,9 k €
Total assets1,1 M €1,4 M €1,7 M €1,9 M €2,3 M €2,1 M €2,1 M €2 M €2,2 M €1,8 M €1,6 M €1,6 M €1,3 M €1,3 M €1,5 M €1,7 M €1,8 M €1,9 M €2,2 M €1,9 M €
Cash216,7 k €449,3 k €523,2 k €609,5 k €456,1 k €340 k €266,1 k €203,7 k €132,6 k €107,4 k €150,2 k €65 k €107,8 k €48,7 k €90,1 k €87,4 k €44,7 k €20,9 k €28,3 k €52,5 k €
Debts973,6 k €1,2 M €1,5 M €1,7 M €1,9 M €1,8 M €2 M €2,1 M €2,2 M €1,9 M €1,8 M €1,9 M €1,6 M €1,6 M €1,7 M €1,8 M €1,8 M €1,9 M €2,1 M €1,6 M €
Other
Workforce59,2 ETP63,6 ETP63,4 ETP61,3 ETP59,8 ETP58,1 ETP59,2 ETP66,5 ETP65,4 ETP56,1 ETP58,3 ETP52,6 ETP37,9 ETP36,4 ETP38,9 ETP34,4 ETP33,2 ETP32,0 ETP25,0 ETP22,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Evelyne Dahmen

Director · since 28 novembre 2024 · until 04 juin 2030

Active
Luc Halmes

Director · since 28 novembre 2024 · until 04 juin 2030

Active

Ended mandates

Evelyne Dahmen

Director · since 07 juin 2022 · until 07 juin 2028

Ended
Luc Halmes

Managing director · since 07 juin 2022 · until 07 juin 2028

Ended
Evelyne Dahmen

Director · since 07 juin 2016 · until 07 juin 2022

Ended
Luc Halmes

Managing director · since 07 juin 2016 · until 07 juin 2022

Ended
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 date30/06/202606/06/202528/06/202430/06/202324/06/202230/07/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
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 model31/12/202502/06/202630/06/2026FrenchPDF
Abridged model31/12/202403/06/202506/06/2025FrenchPDF
Abridged model31/12/202304/06/202428/06/2024FrenchPDF
Abridged model31/12/202206/06/202330/06/2023FrenchPDF
Abridged model31/12/202107/06/202224/06/2022FrenchPDF
Abridged model31/12/202001/06/202130/07/2021FrenchPDF
Abridged model31/12/201902/06/202010/07/2020FrenchPDF
Abridged model31/12/201804/06/201912/07/2019FrenchPDF
Abridged model31/12/201705/06/201831/07/2018FrenchPDF
Abridged model31/12/201606/06/201704/08/2017FrenchPDF
Abridged model31/12/201507/06/201629/07/2016FrenchPDF
Abridged model31/12/201402/06/201503/08/2015FrenchPDF
Abridged model31/12/201303/06/201408/07/2014FrenchPDF
Abridged model31/12/201204/06/201309/07/2013FrenchPDF
Abridged model31/12/201105/06/201226/06/2012FrenchPDF
Abridged model31/12/201007/06/201128/07/2011FrenchPDF
Abridged model31/12/200901/06/201022/06/2010FrenchPDF
Abridged model31/12/200802/06/200923/06/2009FrenchPDF
Abridged model31/12/200703/06/200811/07/2008FrenchPDF
Abridged model31/12/200605/06/200728/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 10 ended

Active mandates

Evelyne Dahmen

Director · since 28 novembre 2024 · until 04 juin 2030

Active
Luc Halmes

Director · since 28 novembre 2024 · until 04 juin 2030

Active

Ended mandates

Evelyne Dahmen

Director · since 07 juin 2022 · until 07 juin 2028

Ended
Luc Halmes

Managing director · since 07 juin 2022 · until 07 juin 2028

Ended
Evelyne Dahmen

Director · since 07 juin 2016 · until 07 juin 2022

Ended
Luc Halmes

Managing director · since 07 juin 2016 · until 07 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/12/2024
    SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF
  • Mandates25/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/03/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2012
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares16/11/2004
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-17,1 k €
  2. 2024
    Annual accounts 202453,9 k €
  3. 2023
    Annual accounts 2023-70,4 k €
  4. 2022
    Annual accounts 2022-112,5 k €
  5. 2021
    Annual accounts 2021107 k €
  6. 2020
    Annual accounts 2020257,2 k €
  7. 2019
    Annual accounts 2019147,8 k €
  8. 2018
    Annual accounts 20181,5 k €
  9. 2017
    Annual accounts 2017100 k €
  10. 2016
    Annual accounts 201681,2 k €
  11. 2015
    Annual accounts 2015117,9 k €
  12. 2014
    Annual accounts 2014-51,2 k €
  13. 2013
    Annual accounts 2013-14,4 k €
  14. 2012
    Annual accounts 2012-78,2 k €
  15. 2011
    Annual accounts 2011-58,9 k €
  16. 2010
    Annual accounts 201023,2 k €
  17. 2009
    Annual accounts 20097,2 k €
  18. 2008
    Annual accounts 2008-124,9 k €
  19. 2007
    Annual accounts 2007-192,9 k €
  20. 2006
    Annual accounts 2006-37,4 k €
  21. 08/02/1994
    IncorporationPublic limited company