Alg. Ond. J. Helsen
ActiveAlg. Ond. J. Helsen has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.17M and a net result of €261k. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 55% of 95 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability85▼-4
Solvency82▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.44 in 2025; short-term debt: 42.7% and cash: 2.1% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
57.3%
Return on assets
12.8%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-08-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
79 d early
2025
93 d early
2024
66 d early
2023
88 d early
2022
66 d early
2021
3 d early
2020
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€1.17M▲ 28.8%
2025 · €907k
2019: €62k
2020: €67k
2021: €51k
2022: €181k
2023: €419k
2024: €500k
2025: €907k
2019 → 2026
Total assets
€2.04M▼ 18.2%
2025 · €2.49M
2019: €974k
2020: €1.17M
2021: €550k
2022: €1.20M
2023: €899k
2024: €1.96M
2025: €2.49M
2019 → 2026
Net result
€261k▼ 36.5%
2025 · €411k
2019: €1k
2020: €4k
2021: €-16k
2022: €131k
2023: €249k
2024: €92k
2025: €411k
2019 → 2026
Working capital
€968k▲ 37.4%
2025 · €705k
2019: €30k
2020: €-13k
2021: €-23k
2022: €136k
2023: €385k
2024: €364k
2025: €705k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€181k-€419k▲ 131%€500k▲ 19.4%€907k▲ 81.3%€1.17M▲ 28.8%
Operating result€185k-€378k▲ 104%€146k▼ 61.5%€621k▲ 326%€387k▼ 37.8%
Net result€131k-€249k▲ 90.5%€92k▼ 63.0%€411k▲ 346%€261k▼ 36.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 38% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.04M
Fixed assets
€200k▼ 1.2%
Current assets
€1.84M▼ 19.7%
Equity and liabilities €2.04M
Equity
€1.17M▲ 28.8%
Debt
€870k▼ 45.1%
The debt ratio falls from 63.6% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€450k▼
2025 · €672k
Cash flow
€324k▼
2025 · €462k
Solvency
57.3%▲
2025 · 36.4%
Current ratio
2.11▲
2025 · 1.44
Quick ratio
0.16▼
2025 · 0.89
Debt / equity
0.74▼
2025 · 1.75
ROE
22.4%▼
2025 · 45.3%
ROA
12.8%▼
2025 · 16.5%
Interest coverage
29.57▼
2025 · 38.35
Debt
€870k▼
2025 · €1.58M
Debt ≤ 1 year
€870k▼
2025 · €1.58M
Income taxes
€121k▼
2025 · €203k
Staff costs
€129k▲
2025 · €120k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€2.49M€2.04M▼
Fixed assets21/28€202k€200k▼
Tangible fixed assets22/27€202k€200k▼
Plant, machinery and equipment23€22k€32k▲
Furniture and vehicles24€180k€168k▼
Current assets29/58€2.29M€1.84M▼
Stocks and contracts in progress3€875k€1.70M▲
Contracts in progress37€875k€1.70M▲
Amounts receivable within one year40/41€1.09M€94k▼
Trade receivables40€860k€28k▼
Other amounts receivable41€232k€66k▼
Current investments50/53€0€5k▲
Cash at bank and in hand54/58€322k€44k▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.04M▼
Equity10/15€907k€1.17M▲
Contributions10/11€24k€24k=
Reserves13€883k€1.14M▲
Distributable reserves133€883k€1.14M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.58M€870k▼
Amounts payable within one year42/48€1.58M€870k▼
Financial debts43-€392k
Credit institutions430/8-€392k
Trade debts44€1.37M€181k▼
Suppliers440/4€1.37M€181k▼
Taxes, remuneration and social security45€214k€85k▼
Taxes450/3€211k€81k▼
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€4k€212k▲
Income statement
Code20252026
Remuneration, social security and pensions62€120k€129k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€63k▲
Other operating charges640/8€19k€82k▲
Gross operating margin9900€811k€660k▼
Operating profit (loss)9901€621k€387k▼
Financial income75/76B€11k€11k▲
Recurring financial income75€11k€11k▲
Financial charges65/66B€18k€15k▼
Recurring financial charges65€18k€15k▼
Profit (loss) for the period before taxes9903€614k€383k▼
Income taxes67/77€203k€121k▼
Profit (loss) for the period9904€411k€261k▼
Profit (loss) for the period to be appropriated9905€411k€261k▼
Appropriation of the result
Profit (loss) to be appropriated9906€411k€261k▼
Transfer from equity791/2€4k€0▼
Transfer to equity691/2€411k€261k▼
To other reserves6921€411k€261k▼
Profit to be distributed694/7€4k€0▼
Return on contributions (dividend)694€4k€0▼
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.17M ▲28.8%
5 profitable years in a row build equity to €1.17M.
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €411k ▲346%
Operating result €621k, net result €411k, both a record.
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €500kEq €500k ▲19.4%
3 profitable years in a row build equity to €500k.
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €419k ▲131%
2 profitable years in a row build equity to €419k.
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
31-03
Financial
Equity above €150kEq €181k ▲258%
Equity rises from €51k to €181k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-16k ▼479%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Buitensteinde 482440 GeelGround area
2,000 m²
Building footprint
191 m²
Volume, LiDAR
971 m³
Parcel 13374D0736/00E000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alg. Ond. J. Helsen
since 20122.208.131.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374D0736/00E000 | Flanders | 2,000 m² | 1 · 190 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 3,722 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2012
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.