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DR. INGE HELLINX

Active
Private limited companyfounded 1998active for 27 yearsJavanastraat 51, 3680 Maaseik, BelgiumKBO/BCE: BE 0465.144.890
Summary

DR. INGE HELLINX has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,558 and a net result of €53,826. Equity is shrinking by about 13% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00420225.

Equity
€163,558▼ 25.3%
2024 · €218,932
Total assets
€196,567▼ 37.5%
2024 · €314,332
Net result
€53,826
2024 · -€26,567
Working capital
€76,076▼ 40.0%
2024 · €126,700
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 7 financial years

The operating result stays negative: a loss of €7,969 in 2025 against €25,891 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,969 2025 Net result€53,826 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920212022202320242025
Operating result€27,121-€13,854▼ 48.9%€58,068-€4,258▼ 92.7%-€29,568-€25,891▲ 12.4%-€7,969▲ 69.2%
Net result€15,051-€7,869▼ 47.7%€40,757-€985▼ 97.6%-€30,547-€26,567▲ 13.0%€53,826
Equity€415,616-€423,485▲ 1.9%€275,060-€276,045▲ 0.4%€245,498▼ 11.1%€218,932▼ 10.8%€163,558▼ 25.3%
Total assets€572,092-€559,454▼ 2.2%€553,433-€423,494▼ 23.5%€359,877▼ 15.0%€314,332▼ 12.7%€196,567▼ 37.5%
Debt€156,476-€135,969▼ 13.1%€278,373-€147,449▼ 47.0%€114,378▼ 22.4%€95,400▼ 16.6%€33,009▼ 65.4%
Working capital€222,864-€248,973▲ 11.7%€167,829-€174,316▲ 3.9%€148,517▼ 14.8%€126,700▼ 14.7%€76,076▼ 40.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,567
Fixed assets €95,079 ▼ 17.6%
Current assets €101,488 ▼ 49.0%
Equity and liabilities €196,567
Equity €163,558 ▼ 25.3%
Debt €33,009 ▼ 65.4%
Debt's share of the balance-sheet total falls from 30.4% to 16.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,335▲
2024 · -€5,586
Cash flow
€74,131▲
2024 · -€6,262
Current ratio
3.99▲
2024 · 2.75
Debt to equity
0.20▼
2024 · 0.44
ROE
32.9%▲
2024 · -12.1%
ROA
27.4%▲
2024 · -8.5%
Interest coverage
18.58▲
2024 · -6.28
Debt ≤ 1 year
€25,412▼
2024 · €72,248
Debt > 1 year
€7,597▼
2024 · €23,152
Income taxes
€9,153▲
2024 · -€60
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€314,332€196,567▼
Fixed assets21/28€115,384€95,079▼
Tangible fixed assets22/27€115,384€95,079▼
Land and buildings22€110,945€91,751▼
Plant, machinery and equipment23€4,438€3,329▼
Current assets29/58€198,948€101,488▼
Current investments50/53€189,770€49,770▼
Cash at bank and in hand54/58€9,178€51,718▲
Equity and liabilities
Total equity and liabilities10/49€314,332€196,567▼
Equity10/15€218,932€163,558▼
Contributions10/11€6,200€6,200=
Reserves13€162,198€105,998▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€11,138€11,138=
Distributable reserves133€149,200€93,000▼
Profit (loss) carried forward14€50,534€51,360▲
Amounts payable17/49€95,400€33,009▼
Amounts payable after more than one year17€23,152€7,597▼
Financial debts170/4€23,152€7,597▼
Amounts payable within one year42/48€72,248€25,412▼
Current portion of amounts payable after more than one year42€15,555€15,555=
Trade debts44€382€370▼
Suppliers440/4€382€370▼
Taxes, remuneration and social security45-€9,018
Taxes450/3-€9,018
Other amounts payable47/48€56,310€469▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,304€20,304=
Other operating charges640/8€3,302€3,881▲
Gross operating margin9900-€2,284€16,216▲
Operating profit (loss)9901-€25,891-€7,969▲
Financial income75/76B€153€71,613▲
Recurring financial income75€153€71,613▲
Financial charges65/66B€889€664▼
Recurring financial charges65€889€664▼
Profit (loss) for the period before taxes9903-€26,626€62,980▲
Income taxes67/77-€60€9,153▲
Profit (loss) for the period9904-€26,567€53,826▲
Profit (loss) for the period to be appropriated9905-€26,567€53,826▲
Appropriation of the result
Profit (loss) to be appropriated9906€50,534€104,360▲
Profit (loss) brought forward from the previous period14P€77,100€50,534▼
Transfer from equity791/2-€109,200
Transfer to equity691/2-€53,000
To other reserves6921-€53,000
Profit to be distributed694/7-€109,200
Return on contributions (dividend)694-€109,200

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,491€45,500€23,452€21,057€20,304€20,304€20,304=
Other operating charges640/8--€4,479€2,648€5,782€3,302€3,881▲ 17.5%
Gross operating margin9900€76,418€63,648€85,999€27,963-€3,482-€2,284€16,216-
Operating profit (loss)9901€27,121€13,854€58,068€4,258-€29,568-€25,891-€7,969▲ 69.2%
Financial income75/76B--€2,529-€192€153€71,613▲ 46,663%
Recurring financial income75--€2,529-€192€153€71,613▲ 46,663%
Financial charges65/66B--€1,494€1,331€1,113€889€664▼ 25.3%
Recurring financial charges65€3,221€2,189€1,494€1,331€1,113€889€664▼ 25.3%
Profit (loss) for the period before taxes9903€23,901€11,665€59,104€2,927-€30,489-€26,626€62,980-
Income taxes67/77€8,849€3,796€18,347€1,942€58-€60€9,153-
Profit (loss) for the period9904€15,051€7,869€40,757€985-€30,547-€26,567€53,826-
Profit (loss) for the period to be appropriated9905€15,051€7,869€40,757€985-€30,547-€26,567€53,826-
Line2018201920212022202320242025Change
Assets
Total assets20/58€572,092€559,454€553,433€423,494€359,877€314,332€196,567▼ 37.5%
Fixed assets21/28€309,844€275,440€177,049€155,992€135,688€115,384€95,079▼ 17.6%
Tangible fixed assets22/27€309,844€275,440€177,049€155,992€135,688€115,384€95,079▼ 17.6%
Land and buildings22--€168,530€149,334€130,140€110,945€91,751▼ 17.3%
Plant, machinery and equipment23--€8,520€6,658€5,548€4,438€3,329▼ 25.0%
Furniture and vehicles24--€0€0----
Current assets29/58€262,248€284,014€376,384€267,502€224,188€198,948€101,488▼ 49.0%
Amounts receivable within one year40/41€29,051€29,204€111,833-----
Other amounts receivable41--€111,833-----
Current investments50/53€167,649€189,770€189,770€189,770€189,770€189,770€49,770▼ 73.8%
Cash at bank and in hand54/58€65,548€65,040€74,781€77,732€34,418€9,178€51,718▲ 464%
Equity and liabilities
Total equity and liabilities10/49€572,092€559,454€553,433€423,494€359,877€314,332€196,567▼ 37.5%
Equity10/15€415,616€423,485€275,060€276,045€245,498€218,932€163,558▼ 25.3%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Reserves13€297,198€297,198€162,198€162,198€162,198€162,198€105,998▼ 34.6%
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Tax-exempt reserves132--€11,138€11,138€11,138€11,138€11,138=
Distributable reserves133--€149,200€149,200€149,200€149,200€93,000▼ 37.7%
Profit (loss) carried forward14€112,218€120,087€106,662€107,647€77,100€50,534€51,360▲ 1.6%
Amounts payable17/49€156,476€135,969€278,373€147,449€114,378€95,400€33,009▼ 65.4%
Amounts payable after more than one year17€117,092€100,928€69,818€54,263€38,707€23,152€7,597▼ 67.2%
Financial debts170/4--€69,818€54,263€38,707€23,152€7,597▼ 67.2%
Amounts payable within one year42/48€39,383€35,041€208,555€93,186€75,671€72,248€25,412▼ 64.8%
Current portion of amounts payable after more than one year42--€15,555€15,555€15,555€15,555€15,555=
Trade debts44-€603-€197€197€382€370▼ 3.1%
Suppliers440/4---€197€197€382€370▼ 3.1%
Taxes, remuneration and social security45--€18,000€19,942€1,750-€9,018-
Taxes450/3--€18,000€19,942€1,750-€9,018-
Other amounts payable47/48--€175,000€57,492€58,168€56,310€469▼ 99.2%
Line2018201920212022202320242025Change
Profit (loss) for the period9904€15,051€7,869€40,757€985-€30,547-€26,567€53,826-
+ Depreciation and write-downs630€45,491€45,500€23,452€21,057€20,304€20,304€20,304=
Operating cash flow (approximation)€60,542€53,369€64,209€22,042-€10,242-€6,262€74,131-
Investment in fixed assets (approximation)--€11,096-€0-€0€0€0▼ 100%
Change in cash--€507-€2,951-€43,314-€25,240€42,540-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 21-08-2026 2026-00420225
31-12-2024 micro format 31-08-2025 2025-00468594
31-12-2023 micro format 31-08-2024 2024-00451948
31-12-2022 micro format 31-10-2023 2023-00508563
31-12-2021 abbreviated format 28-12-2022 2023-20553319
31-12-2019 abbreviated format 29-10-2020 2020-67600169
31-12-2018 abbreviated format 16-08-2019 2019-46800372
31-12-2016 abbreviated format 04-10-2017 2017-66700492
31-12-2015 abbreviated format 30-08-2016 2016-58200343
31-12-2014 abbreviated format 30-08-2015 2015-57100015

Show all 24 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.