HELA
ActiveHELA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €27k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+15
Solvency63▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.3 in 2024; short-term debt: 53.4% and cash: 11.8% of total assets), and 62% 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 69
Relative position
BE, all sectors
reference
Sector 69
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 2025Solvency, return and age of the figures
Solvency
38%
Return on assets
5.5%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
24 d early
2023
34 d early
2022
42 d early
2021
58 d early
2020
1 d early
2019
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€184k▲ 17.1%
2024 · €157k
2018: €132k
2019: €134k
2020: €165k
2021: €165k
2022: €147k
2023: €147k
2024: €157k
2018 → 2025
Total assets
€484k▼ 0.5%
2024 · €486k
2018: €501k
2019: €494k
2020: €568k
2021: €510k
2022: €560k
2023: €473k
2024: €486k
2018 → 2025
Net result
€27k▲ 178%
2024 · €10k
2018: €388
2019: €2k
2020: €31k
2021: €247
2022: €494
2023: €600
2024: €10k
2018 → 2025
Working capital
€113k▲ 37.2%
2024 · €82k
2018: €-16k
2019: €275
2020: €41k
2021: €35k
2022: €35k
2023: €59k
2024: €82k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€147k▼ 11.2%€147k▲ 0.4%€157k▲ 6.5%€184k▲ 17.1%
Operating result€4k-€11k▲ 174%€14k▲ 31.1%€23k▲ 65.3%€40k▲ 73.3%
Net result€247-€494▲ 100%€600▲ 21.5%€10k▲ 1,505%€27k▲ 178%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€113k▼ 11.6%
Current assets
€371k▲ 3.4%
Equity and liabilities €484k
Equity
€184k▲ 17.1%
Debt
€300k▼ 8.9%
The debt ratio falls from 67.7% to 62.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €46k
Cash flow
€46k▲
2024 · €33k
Solvency
38.0%▲
2024 · 32.3%
Current ratio
1.44▲
2024 · 1.30
Quick ratio
1.44▲
2024 · 1.30
Debt / equity
1.63▼
2024 · 2.10
ROE
14.6%▲
2024 · 6.1%
ROA
5.5%▲
2024 · 2.0%
Interest coverage
4.79▲
2024 · 3.54
Debt
€300k▼
2024 · €329k
Debt ≤ 1 year
€258k▼
2024 · €277k
Debt > 1 year
€31k▼
2024 · €41k
Income taxes
€11k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€486k€484k▼
Fixed assets21/28€127k€113k▼
Intangible fixed assets21€16k€13k▼
Tangible fixed assets22/27€111k€99k▼
Land and buildings22€110k€95k▼
Furniture and vehicles24€2k€4k▲
Current assets29/58€359k€371k▲
Amounts receivable within one year40/41€22k€2k▼
Trade receivables40€21k€1k▼
Other amounts receivable41€981€584▼
Current investments50/53€275k€311k▲
Cash at bank and in hand54/58€61k€57k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€486k€484k▼
Equity10/15€157k€184k▲
Contributions10/11€50k€50k=
Reserves13€107k€134k▲
Distributable reserves133€107k€134k▲
Amounts payable17/49€329k€300k▼
Amounts payable after more than one year17€41k€31k▼
Financial debts170/4€41k€31k▼
Amounts payable within one year42/48€277k€258k▼
Current portion of amounts payable after more than one year42€10k€10k▼
Trade debts44€0€6k▲
Suppliers440/4€0€6k▲
Advances received on contracts in progress46€48k€36k▼
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€6k▲
Other amounts payable47/48€216k€200k▼
Accrued charges and deferred income492/3€12k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-2k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€54k€61k▲
Operating profit (loss)9901€23k€40k▲
Financial income75/76B€5k€11k▲
Recurring financial income75€5k€11k▲
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€15k€38k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€10k€27k▲
Profit (loss) for the period to be appropriated9905€10k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€27k▲
Transfer to equity691/2€10k€27k▲
To other reserves6921€10k€27k▲
The notes to these accounts (15 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 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €157k ▲6.5%
7 profitable years in a row build equity to €157k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €247 ▼99.2%
Net result drops to €247, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €31k ▲1597%
Operating result €51k, net result €31k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲23.4%
3 profitable years in a row build equity to €165k.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Ardooie · 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.
Polenplein 118850 ArdooieGround area
462 m²
Building footprint
173 m²
Volume, LiDAR
1,465 m³
Parcel 36001A0702/00L002, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hela
since 20122.210.086.996
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0702/00L002 | Flanders | 462 m² | 1 · 173 m² | 13.4 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 536 EUR awarded · 536 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 159 EUR | 159 EUR |
| 2024 | 1 | 248 EUR | 377 EUR |
| 2023 | 1 | 129 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500D3O0LIBA6EF968
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 7,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2012
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.