ACTIVE

HAL

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Financial year 2025 · closed on 31/12/2025
Net result
-8 k €
+66.7% YoY
Gross margin
31,6 k €
+103.4% YoY
Equity
272,5 k €
-2.8% YoY

What does HAL do?

HAL is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Evergem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0880.194.034
Incorporation
21/03/2006
Legal form
Private limited company
Registered office
Meistraat 31
9940 Evergem · FlandreSee on map
Contributed capital
368 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities
Signals
Solid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin31,6 k €15,5 k €
EBITDA27,4 k €11,4 k €
Operating result-6,3 k €-23,7 k €
Net result-8 k €-23,9 k €
Balance sheet
Equity272,5 k €280,4 k €
Total assets646,2 k €654,9 k €
Cash22,8 k €9,4 k €
Debts373,7 k €374,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

ARNOUD HULPIA

Director · since 21 mars 2006

Active
RITA VAN RENTERGEM

Director · since 21 mars 2006

Active
ROMAIN HULPIA

Director · since 21 mars 2006

Active
At this address

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Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202501/01/2024
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months12 months
Filing date26/05/202622/08/2025
General meeting20/05/202630/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/05/202626/05/2026DutchPDF
Micro model31/12/202430/06/202522/08/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active

Active mandates

ARNOUD HULPIA

Director · since 21 mars 2006

Active
RITA VAN RENTERGEM

Director · since 21 mars 2006

Active
ROMAIN HULPIA

Director · since 21 mars 2006

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring26/04/2024
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring16/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/04/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-8 k €↑
  2. 2024
    Annual accounts 2024-23,9 k €
  3. 21/03/2006
    IncorporationPrivate limited company