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HELA

Active
Private limited company·Activiteiten van advocaten· 14 yrs active
Polenplein 11 ·8850 Ardooie, Belgium
BE 0846.484.158
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age14 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of HELA is 0.1% (very low). The 2024 annual accounts show equity of €157k and a net result of €10k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 24% of 4802 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4802 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€10k+1504.9%
Working capital€82k+39.0%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60kOperating result 2020: €51k€51kNet result 2020: €31k€31kOperating result 2021: €4k€4kNet result 2021: €247€247Operating result 2022: €11k€11kNet result 2022: €494€494Operating result 2023: €14k€14kNet result 2023: €600€600Operating result 2024: €23k€23kNet result 2024: €10k€10k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±2.3%/year).
€120k€140k€160k€180k2025: €157k (€145k - €170k)2026: €161k (€148k - €173k)2027: €164k (€151k - €177k)2018: €132k2019: €134k2020: €165k2021: €165k2022: €147k2023: €147k2024: €157k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

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).

Sector comparison
Fiscal year 2024 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 32.3% 61.0%
better than 24% of 4802 sector peers
Net result €10k €34k
better than 18% of 4799 sector peers
Equity €157k €59k
better than 82% of 4802 sector peers
Gross operating margin €54k €56k
better than 48% of 4797 sector peers
Total assets €486k €117k
better than 90% of 4802 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P24
2020: P29 · n=5132021: P30 · n=14922022: P23 · n=27262023: P24 · n=39492024: P24 · n=48022020 2024
Stable position over 2020-2024 · n=513-4802
Net result P18
2020: P61 · n=5132021: P10 · n=14912022: P9 · n=27262023: P9 · n=39462024: P18 · n=47992020 2024
Stable position over 2020-2024 · n=513-4799
Equity P82
2020: P68 · n=5142021: P86 · n=14922022: P86 · n=27262023: P83 · n=39502024: P82 · n=48022020 2024
Stable position over 2020-2024 · n=514-4802
Gross operating margin P48
2020: P68 · n=5122021: P63 · n=14892022: P52 · n=27232023: P50 · n=39402024: P48 · n=47972020 2024
Weakening position over 2020-2024 · n=512-4797
Describes the position versus peers, not a forecast.
EBITDA
€46k
+4.5% -9% vs sector
Net profit
€10k
+1504.9% -67% vs sector
Cash flow
€33k
+6.5% -6% vs sector
Total assets
€486k
+2.9% +64% vs sector
Equity
€157k
+6.5% +6% vs sector
Working capital
€82k
+39.0% -41% vs sector
Employees (FTE)
0
-50.0% -62% vs sector
Staff costs
€0
- -100% vs sector
Income taxes
€5k
+181.6% -56% vs sector
Dividends
€0
-100.0% -100% vs sector
Debt
€329k
+1.3% far above sector median
Debt ≤ 1y
€277k
+4.9% far above sector median
Debt > 1y
€41k
-19.7% +158% vs sector
Current ratio
1.30
+6.0% -75% vs sector
Quick ratio
1.30
+6.0% -75% vs sector
Solvency
32.3%
+3.5% -61% vs sector
Debt / equity
2.10
-5.0% far above sector median
ROE
6.1%
+1406.5% -59% vs sector
ROA
2.0%
+1459.7% -82% vs sector
Interest coverage
3.54
-4.9% -94% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€46k
Net profit€10k
Cash flow€33k
Staff costs-
Income taxes€5k
Dividends-
Total assets€486k
Equity€157k
Debt€329k
of which ≤ 1y€277k
of which > 1y€41k
Working capital€82k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.30
Quick ratio1.30
Working capital ratio16.9%
Solvency32.3%
Debt / equity2.10
Long-term debt ratio0.26
Interest coverage3.54
Gross margin-
Net margin-
ROA2.0%
ROE6.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€486k
Fixed assets 21/28€127k
Intangible fixed assets 21€16k
Tangible fixed assets 22/27€111k
Current assets 29/58€359k
Amounts receivable within one year 40/41€22k
Investments 50/53€275k
Cash & bank 54/58€61k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€486k
Equity 10/15€157k
Contributions / capital 10/11€50k
Reserves 13€107k
Amounts payable 17/49€329k
Amounts payable after one year 17€41k
Amounts payable within one year 42/48€277k
Trade debts payable within one year 44€0
Income statement
Gross operating margin 9900€54k
Operating result 9901€23k
Financial income 75€5k
Financial charges 65€13k
Result before taxes 9903€15k
Income taxes 67/77€5k
Net result for the period 9904€10k
Result to be appropriated 9905€10k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
79 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
4 companies at this address See who is registered here

Establishment units

1 location
Hela
Polenplein 11, 8850 ArdooieManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
since 20122.210.086.996
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area462 m²
Buildings1
Building footprint173 m²
Volume (LiDAR)1,465 m³
Tallest building13.4 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36001A0702/00L002 Flanders 462 m² 1 · 173 m² 13.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health79Profitability31Solvency57Growth78Stability100
69 / 100

Strong profile, led by stability.

Health 79
Profitability 31
Solvency 57
Growth 78
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van advocaten69101Activiteiten van advocaten69101
Primary activity highlighted.
Names & trade names
Legal nameNL HELA
Registered office
Polenplein 11 bus 1
8850 Ardooie, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.