ACTIVE

HALPAJO

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Financial year 2025 · closed on 31/12/2025
Net result
48,1 k €
-92.1% YoY
Gross margin
71,6 k €
-0.1% YoY
Equity
891,6 k €
-31.4% YoY
Workforce
0,0 ETP

What does HALPAJO do?

HALPAJO is a Private company with limited liability incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0848.924.204
Incorporation
24/09/2012
Legal form
Private company with limited liability
Registered office
Rue Saint-Eleuthère(TOU) 221
7500 Tournai · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies68100Buying and selling of own real estate68110Buying and selling of own real estate+2
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Gross margin71,6 k €71,6 k €71,7 k €72,3 k €72,4 k €81,7 k €81,6 k €347,2 k €80,6 k €80,1 k €105 k €
EBITDA68,7 k €70,6 k €70,6 k €71,1 k €71,2 k €80,7 k €80,7 k €346,2 k €79,6 k €78,5 k €101,9 k €
Operating result68,7 k €70,6 k €70,6 k €71,1 k €71,2 k €80,7 k €80,7 k €346,2 k €79,6 k €78,5 k €101,9 k €
Net result48,1 k €605,2 k €49,9 k €50,8 k €51,2 k €69,3 k €40,6 k €184,5 k €42,7 k €40,4 k €54,8 k €
Balance sheet
Equity891,6 k €1,3 M €694,3 k €644,3 k €593,6 k €442 k €381,7 k €341,1 k €156,5 k €113,8 k €73,4 k €
Total assets1,6 M €1,5 M €1,5 M €1,4 M €1,4 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €
Cash0 €11,4 k €4,4 k €12,8 k €100,2 k €12,3 k €5,1 k €546,2 €14,6 k €34,7 €4,8 k €
Debts692,5 k €237,2 k €787,7 k €773,4 k €801,8 k €855,5 k €908,6 k €942,6 k €1,1 M €1,2 M €1,2 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP–––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Vincent OLIVIER

Director · since 20 septembre 2012

Active

Ended mandates

Vincent OLIVIER

Manager · since 20 septembre 2012

Ended
Vincent Olivier

Manager · since 01 septembre 2012

Ended
Vincent OLIVIER

Manager

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 date17/07/202622/12/202530/08/202431/08/202331/08/202216/07/2021
General meeting30/06/202623/10/202517/06/202419/06/202320/06/202221/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202617/07/2026FrenchPDF
Abridged model31/12/202423/10/202522/12/2025FrenchPDF
Abridged model31/12/202317/06/202430/08/2024FrenchPDF
Abridged model31/12/202219/06/202331/08/2023FrenchPDF
Abridged model31/12/202120/06/202231/08/2022FrenchPDF
Abridged model31/12/202021/06/202116/07/2021FrenchPDF
Abridged model31/12/201915/06/202019/07/2020FrenchPDF
Micro model31/12/201817/06/201929/08/2019FrenchPDF
Micro model31/12/201718/06/201818/07/2018FrenchPDF
Micro model31/12/201619/06/201731/08/2017FrenchPDF
Abridged model31/12/201520/06/201631/08/2016FrenchPDF
Abridged model31/12/201415/06/201509/12/2015FrenchPDF
Abridged model31/12/201316/06/201430/09/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 3 ended

Active mandates

Vincent OLIVIER

Director · since 20 septembre 2012

Active

Ended mandates

Vincent OLIVIER

Manager · since 20 septembre 2012

Ended
Vincent Olivier

Manager · since 01 septembre 2012

Ended
Vincent OLIVIER

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other03/10/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202548,1 k €↓
  2. 2024
    Annual accounts 2024605,2 k €↑
  3. 2023
    Annual accounts 202349,9 k €↓
  4. 2022
    Annual accounts 202250,8 k €↓
  5. 2021
    Annual accounts 202151,2 k €↓
  6. 2018
    Annual accounts 201869,3 k €↑
  7. 2017
    Annual accounts 201740,6 k €↓
  8. 2016
    Annual accounts 2016184,5 k €↑
  9. 2015
    Annual accounts 201542,7 k €↑
  10. 2014
    Annual accounts 201440,4 k €↓
  11. 2013
    Annual accounts 201354,8 k €
  12. 24/09/2012
    IncorporationPrivate company with limited liability