Helab
ActiveThe computed 12-month bankruptcy probability of Helab is 2.1% (moderate). The 2025 annual accounts show equity of €31k and a net result of €71. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 7321 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-44
Solvency99▲+2
Growth52=
Stability94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.49 against 3.26 in 2024), and 39.6% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
60.4%
Return on assets
0.1%
Age of the figures
8 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
7 d early
2023
19 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 0.2%
2024 · €31k
2023: €29k
2024: €31k
2023 → 2025
Total assets
€52k▼ 6.9%
2024 · €56k
2023: €53k
2024: €56k
2023 → 2025
Net result
€71▼ 97.5%
2024 · €3k
2023: €28k
2024: €3k
2023 → 2025
Working capital
€25k▼ 0.7%
2024 · €26k
2023: €21k
2024: €26k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€29k-€31k▲ 10.0%€31k▲ 0.2%
Operating result€36k-€6k▼ 83.0%€2k▼ 62.7%
Net result€28k-€3k▼ 89.6%€71▼ 97.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 63% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€16k▼ 13.5%
Current assets
€36k▼ 3.5%
Equity and liabilities €52k
Equity
€31k▲ 0.2%
Debt
€21k▼ 15.9%
The debt ratio falls from 43.8% to 39.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€8k▼
2024 · €11k
Cash flow
€6k▼
2024 · €8k
Solvency
60.4%▲
2024 · 56.2%
Current ratio
3.49▲
2024 · 3.26
Quick ratio
3.49▲
2024 · 3.26
Debt / equity
0.65▼
2024 · 0.78
ROE
0.2%▼
2024 · 9.1%
ROA
0.1%▼
2024 · 5.1%
Interest coverage
4.72▼
2024 · 5.54
Debt
€21k▼
2024 · €24k
Debt ≤ 1 year
€10k▼
2024 · €11k
Debt > 1 year
€10k▼
2024 · €13k
Income taxes
€541▼
2024 · €1k
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€56k€52k▼
Fixed assets21/28€19k€16k▼
Tangible fixed assets22/27€17k€15k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€14k€13k▼
Financial fixed assets28€2k€2k=
Current assets29/58€37k€36k▼
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€15k€8k▼
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€20k€25k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€56k€52k▼
Equity10/15€31k€31k▲
Contributions10/11€1k€1k=
Reserves13€30k€30k▲
Distributable reserves133€30k€30k▲
Amounts payable17/49€24k€21k▼
Amounts payable after more than one year17€13k€10k▼
Financial debts170/4€13k€10k▼
Amounts payable within one year42/48€11k€10k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€211€129▼
Suppliers440/4€211€129▼
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€385€1k▲
Gross operating margin9900€12k€9k▼
Operating profit (loss)9901€6k€2k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€4k€612▼
Income taxes67/77€1k€541▼
Profit (loss) for the period9904€3k€71▼
Profit (loss) for the period to be appropriated9905€3k€71▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€71▼
Transfer to equity691/2€3k€71▼
To other reserves6921€3k€71▼
The notes to these accounts (11 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €71 ▼97.5%
Net result drops to €71, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kuurne · 1 establishment unit since 2022
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.
Rodekruisplein 168520 KuurneGround area
288 m²
Building footprint
90 m²
Volume, LiDAR
518 m³
Parcel 34023B0740/00F014, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Helab
since 20222.334.936.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0740/00F014 | Flanders | 288 m² | 1 · 90 m² | 8.6 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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KS RENOVATION
BE 0534.627.673
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ARBI CONSTRUCT
BE 0803.713.393
Dilbeek · Eq €31k
DC IMMO
BE 0744.695.625
Herent · Eq €31k
EM Construct
BE 0767.980.870
Hoegaarden · Eq €31k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.