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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hilal Vastgoed from Pelt, company number BE0778504083, closed financial year 2025 with a result of € 11,407 after tax. For that financial year Hilal Vastgoed recorded a gross margin of € 49,413 and equity of € -3,724. Compared with financial year 2024, the result moved from € 11,612 to € 11,407. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ -3,724
▲ € 11,407 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,407
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 386,563
▲ € 362,266 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 € -8,724.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 379,515
▼ 8% vs 2024
€ 31,304 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 416
▲ 294% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,484 | € 50,200 | € 50,173 | € 49,413 | ▼ 2% |
| Profit after taxes | € -43,087 | € 11,344 | € 11,612 | € 11,407 | ▼ 2% |
| Equity | € -38,087 | € -26,743 | € -15,132 | € -3,724 | ▲ € 11,407 |
| Total debts | € 710,381 | € 724,503 | € 710,456 | € 980,625 | ▲ 38% |
| Cash | € 1,481 | € 726 | € 24,297 | € 386,563 | ▲ € 362,266 |
| Land & buildings | € 669,964 | € 643,033 | € 616,102 | € 589,171 | ▼ 4% |
| Retained profit | € -43,087 | € -31,743 | € -20,132 | € -8,724 | ▲ € 11,407 |
| Bank debt | € 470,491 | € 440,647 | € 410,324 | € 379,515 | ▼ 8% |
| Balance sheet total | € 672,294 | € 697,759 | € 695,325 | € 976,900 | ▲ 40% |
Key figures of Hilal Vastgoed, 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 July 2027.
What happened to Hilal Vastgoed?
What happened at Hilal Vastgoed in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,407 (▼ 2% vs 2024). Source: NBB ↗
- New establishment in Pelt. KBO
- Hümmet Yüksek became a director. NBB
- Cafer Gülen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,087 loss in 2022 to € 11,407 profit in 2025.
Best year ever: 2024, with € 11,612 profit.
Management
Behind Hilal Vastgoed are Hümmet Yüksek and Cafer Gülen. The same people are also behind Frobella and Gülen & Co. Cafer Gülen is also behind HILAL HORECA GROOTHANDEL and GÜLCAN HORECA.
Directors
According to the 2025 annual accounts
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Wilhelm Schulteplein 2
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.504.083
- VAT number
- BE 0778.504.083
- Registered office
- Wilhelm Schulteplein 2, 3900 Pelt
- Names & denominations
- Hilal Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 2021
- Peppol
- Active · Active since 2 Sept 2025