Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HALEVO from Veurne, company number BE0637821520, closed financial year 2025 with a result of € 25,633 after tax. For that financial year HALEVO recorded a gross margin of € 297,621 and equity of € 257,364. Compared with financial year 2024, the result moved from € 48,346 to € 25,633. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
€ 257,364
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,633
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 64,677
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 251,164.
People and assets in 2025
5.9
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 165,644
€ 28,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,461
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 237,995
▼ 17% vs 2024
€ 79,105 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 177,784
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,158
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 368,591 | € 310,261 | € 333,617 | € 297,621 | ▼ 11% |
| Profit after taxes | € 69,229 | € 24,386 | € 48,346 | € 25,633 | ▼ 47% |
| Equity | € 158,998 | € 183,385 | € 231,730 | € 257,364 | ▲ 11% |
| Total debts | € 830,032 | € 788,206 | € 689,244 | € 636,837 | ▼ 8% |
| Cash | € 54,113 | € 62,738 | € 75,423 | € 64,677 | ▼ 14% |
| Land & buildings | € 446,237 | € 448,663 | € 430,231 | € 411,800 | ▼ 4% |
| Retained profit | € 152,798 | € 177,185 | € 225,530 | € 251,164 | ▲ 11% |
| Bank debt | € 399,139 | € 354,981 | € 286,293 | € 237,995 | ▼ 17% |
| Balance sheet total | € 989,030 | € 971,590 | € 920,974 | € 894,201 | ▼ 3% |
| Employees (FTE) | 8.7 | 6.7 | 5.8 | 5.9 | ▲ 0.1 |
Key figures of HALEVO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 March 2027.
What happened to HALEVO?
What happened at HALEVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,633 (▼ 47% vs 2024). filed late Source: NBB ↗
- Fines vof became a director. NBB
- Nizar Hafsi became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,229 profit in 2022 to € 25,633 profit in 2025.
Paid € 71,329 in corporate taxes since 2022.
Best year ever: 2022, with € 69,229 profit.
On average € 50,400 of value added per employee in 2025.
Management
Behind HALEVO are Fines vof and Nizar Hafsi. Fines vof is also behind BAKKERIJ LEMAHIEU.
Directors
According to the 2025 annual accounts
since 2017
Nizar Hafsi
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Zuidstraat 36
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0637.821.520
- VAT number
- BE 0637.821.520
- Registered office
- Zuidstraat 36, 8630 Veurne
- Names & denominations
- HALEVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2015
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
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