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Private limited companyfounded 198936 yrs activeManestraat 35, 8870 Izegem, BelgiumKBO/BCE: BE 0438.986.366

HELAXE has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.44M and a net result of €179k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 71% of 477 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
30 d late
2021
29 d late
2020
9 d early
2019
4 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.44M▼ 20.2%
2024 · €1.80M
2018: €1.38M 2019: €1.65M 2020: €1.66M 2021: €1.67M 2022: €1.79M 2023: €1.80M 2024: €1.80M
2018 → 2025
Total assets
€1.99M▲ 8.7%
2024 · €1.83M
2018: €1.38M 2019: €1.68M 2020: €1.88M 2021: €1.71M 2022: €2.94M 2023: €1.82M 2024: €1.83M
2018 → 2025
Net result
€179k▲ 3,668%
2024 · €5k
2018: €-2k 2019: €268k 2020: €422k 2021: €4k 2022: €1.14M 2023: €12k 2024: €5k
2018 → 2025
Working capital
€104k▼ 77.7%
2024 · €468k
2019: €316k 2020: €328k 2021: €328k 2022: €449k 2023: €462k 2024: €468k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.67M-€1.79M▲ 7.2%€1.80M▲ 0.7%€1.80M▲ 0.3%€1.44M▼ 20.2%
Operating result€6k-€22k▲ 249%€18k▼ 16.8%€4k▼ 76.0%€-4k
Net result€4k-€1.14M▲ 31,358%€12k▼ 98.9%€5k▼ 60.9%€179k▲ 3,668%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00MOperating result 2021: €6k€6kNet result 2021: €4k€4kOperating result 2022: €22k€22kNet result 2022: €1.14M€1.14MOperating result 2023: €18k€18kNet result 2023: €12k€12kOperating result 2024: €4k€4kNet result 2024: €5k€5kOperating result 2025: €-4k€-4kNet result 2025: €179k€179k20212022202320242025
The operating result turns negative in 2025: a loss of €4k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.99M
Fixed assets €1.34M▼ 0.1%
Current assets €654k▲ 32.3%
Equity and liabilities €1.99M
Equity €1.44M▼ 20.2%
Debt €550k▲ 1,979%
The debt ratio rises from 1.4% to 27.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Solvency
72.3%
2024 · 98.6%
ROE
12.5%
2024 · 0.3%
ROA
9.0%
2024 · 0.3%
Debt
€550k
2024 · €26k
Debt ≤ 1 year
€550k
2024 · €26k
Income taxes
€19k
2024 · €4k
Staff costs
€101k
2024 · €94k
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€1.83M€1.99M
Fixed assets21/28€1.34M€1.34M
Tangible fixed assets22/27€1k€316
Furniture and vehicles24€1k€316
Financial fixed assets28€1.34M€1.34M=
Current assets29/58€494k€654k
Amounts receivable within one year40/41€490k€640k
Trade receivables40€20k€8k
Other amounts receivable41€470k€632k
Cash at bank and in hand54/58€439€9k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.99M
Equity10/15€1.80M€1.44M
Contributions10/11€19k€19k=
Revaluation surpluses12€85k€85k=
Reserves13€1.70M€1.34M
Distributable reserves133€1.70M€1.34M
Profit (loss) carried forward14-€0
Amounts payable17/49€26k€550k
Amounts payable within one year42/48€26k€550k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€23k€32k
Taxes450/3€5k€16k
Remuneration and social security454/9€18k€16k
Other amounts payable47/48€87€513k
Accrued charges and deferred income492/3-€524
Income statement Code20242025
Remuneration, social security and pensions62€94k€101k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800€800=
Other operating charges640/8€516€450
Gross operating margin9900€100k€98k
Operating profit (loss)9901€4k€-4k
Financial income75/76B€5k€203k
Recurring financial income75€5k€203k
Financial charges65/66B€162€287
Recurring financial charges65€162€287
Profit (loss) for the period before taxes9903€9k€199k
Income taxes67/77€4k€19k
Profit (loss) for the period9904€5k€179k
Profit (loss) for the period to be appropriated9905€5k€179k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€179k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€544k
Transfer to equity691/2€5k€179k
To other reserves6921€5k€179k
Profit to be distributed694/7-€544k
Return on contributions (dividend)694-€544k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial Liquidity times 17current ratio 23.25
Current ratio from 1.39 to 23.25; short-term debt falls from €1.15M to €21k.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Highest result since 2018net €1.14M ▲31358%
Operating result €22k, net result €1.14M, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Liquidity triplescurrent ratio 7.84
Current ratio from 2.51 to 7.84; short-term debt falls from €217k to €48k.
22-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial Back to profitnet €268k
Net result €268k after one loss-making year.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Izegem · 1 establishment unit since 1989
establishment The establishment unit on the map
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.

Manestraat 358870 Izegem
Ground area
563 m²
Building footprint
236 m²
Volume, LiDAR
1,263 m³
Parcel 36009B0329/00H000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELAXE
Manestraat 35, 8870 IzegemNACE 7230001
since 19892.046.061.580
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36009B0329/00H000 Flanders 563 m² 1 · 236 m² 7.5 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.

Similar companies · same sector, comparable size

Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 550 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-12-1989
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.