GARAGE HELLINCKX
The computed 12-month bankruptcy probability of GARAGE HELLINCKX is 0.6% (low). The 2024 annual accounts show equity of €3.02M and a net result of €126k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 859 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.02M |
| Net result | €126k |
| Better than sector | 95% |
| Active | 35 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 82.6% | 17.4% | |
| Net result | €126k | €14k | |
| Equity | €3.02M | €100k | |
| Gross operating margin | €247k | €213k | |
| Total assets | €3.66M | €767k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €4.68M |
| EBITDA | €229k |
| Net profit | €126k |
| Cash flow | €157k |
| Staff costs | - |
| Income taxes | €73k |
| Dividends | - |
| Total assets | €3.66M |
| Equity | €3.02M |
| Debt | €637k |
| of which ≤ 1y | €637k |
| of which > 1y | - |
| Working capital | €2.57M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 5.04 |
| Quick ratio | 4.36 |
| Working capital ratio | 70.3% |
| Solvency | 82.6% |
| Debt / equity | 0.21 |
| Long-term debt ratio | - |
| Interest coverage | 1273.19 |
| Gross margin | 4.2% |
| Net margin | 2.7% |
| ROA | 3.4% |
| ROE | 4.2% |
| EBITDA margin | 4.9% |
| Days sales outstanding | 28d |
| Days payable outstanding | 36d |
| Inventory turnover | 10.38 |
| Days inventory (DSI) | 35d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.66M |
| Fixed assets | 21/28 | €450k |
| Tangible fixed assets | 22/27 | €449k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €3.21M |
| Stocks & contracts in progress | 3 | €432k |
| Amounts receivable within one year | 40/41 | €651k |
| Investments | 50/53 | €245 |
| Cash & bank | 54/58 | €2.12M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.66M |
| Equity | 10/15 | €3.02M |
| Contributions / capital | 10/11 | €250k |
| Reserves | 13 | €175k |
| Accumulated profits (losses) | 14 | €2.60M |
| Amounts payable | 17/49 | €637k |
| Amounts payable within one year | 42/48 | €637k |
| Trade debts payable within one year | 44 | €437k |
| Income statement | ||
| Turnover | 70 | €4.68M |
| Gross operating margin | 9900 | €247k |
| Operating result | 9901 | €199k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €180 |
| Result before taxes | 9903 | €199k |
| Income taxes | 67/77 | €73k |
| Net result for the period | 9904 | €126k |
| Result to be appropriated | 9905 | €126k |
| NACE primary | Retail trade(47811) |
| Legal form | Public limited company(014) |
| Incorporation | 27-12-1990 |
| Status | Active |
| Postal code | 1060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0372/00K000 | Brussels | 582 m² | 1 · 352 m² | 9.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-11-2024 1 director appointed, 1 reappointed
- Serge Solau, Dagelijks bestuur
- Edgar Helinckx Jean, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GARAGE HELLINCKX |