HELBIG
ActiveHELBIG has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €772k and a net result of €324k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 1.97 in 2024), and 42.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
57.5%
Return on assets
24.1%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
112 d early
2023
57 d early
2022
25 d early
2021
46 d early
2020
10 d late
2019
64 d early
← 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
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€772k▲ 19.2%
2024 · €648k
2022: €502k
2023: €505k
2024: €648k
2022 → 2025
Total assets
€1.34M▼ 10.5%
2024 · €1.50M
2022: €1.20M
2023: €1.51M
2024: €1.50M
2022 → 2025
Net result
€324k▲ 3.4%
2024 · €313k
2022: €215k
2023: €123k
2024: €313k
2022 → 2025
Working capital
€570k▲ 5.8%
2024 · €538k
2022: €612k
2023: €501k
2024: €538k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€502k-€505k▲ 0.5%€648k▲ 28.4%€772k▲ 19.2%
Operating result€296k-€151k▼ 49.1%€429k▲ 185%€452k▲ 5.5%
Net result€215k-€123k▼ 42.8%€313k▲ 155%€324k▲ 3.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€361k▼ 10.9%
Current assets
€982k▼ 10.3%
Equity and liabilities €1.34M
Equity
€772k▲ 19.2%
Debt
€571k▼ 33.1%
The debt ratio falls from 56.8% to 42.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€509k▲
2024 · €490k
Cash flow
€380k▲
2024 · €375k
Solvency
57.5%▲
2024 · 43.2%
Current ratio
2.38▲
2024 · 1.97
Quick ratio
1.56▲
2024 · 1.31
Debt / equity
0.74▼
2024 · 1.32
ROE
42.0%▼
2024 · 48.4%
ROA
24.1%▲
2024 · 20.9%
Interest coverage
25.57▼
2024 · 39.06
Debt
€571k▼
2024 · €852k
Debt ≤ 1 year
€412k▼
2024 · €557k
Debt > 1 year
€94k▼
2024 · €210k
Income taxes
€113k▲
2024 · €110k
Staff costs
€334k▲
2024 · €307k
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
Total assets
20/58€1.50M€1.34M▼
Fixed assets
21/28€405k€361k▼
Intangible fixed assets
21€6k€4k▼
Tangible fixed assets
22/27€398k€357k▼
Financial fixed assets
28€2k€0▼
Current assets
29/58€1.09M€982k▼
Stocks & contracts in progress
3€364k€339k▼
Amounts receivable within one year
40/41€433k€349k▼
Cash & bank
54/58€287k€286k▼
Total equity & liabilities
10/49€1.50M€1.34M▼
Equity
10/15€648k€772k▲
Contributions / capital
10/11€112k€112k=
Reserves
13€536k€660k▲
Accumulated profits (losses)
14€0€0=
Amounts payable
17/49€852k€571k▼
Amounts payable after one year
17€210k€94k▼
Amounts payable within one year
42/48€557k€412k▼
Trade debts payable within one year
44€118k€202k▲
Income statement
Code20242025
Gross operating margin
9900€863k€831k▼
Operating result
9901€429k€452k▲
Financial income
75€7k€5k▼
Financial charges
65€13k€20k▲
Result before taxes
9903€424k€437k▲
Income taxes
67/77€110k€113k▲
Net result for the period
9904€313k€324k▲
Result to be appropriated
9905€313k€324k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €324k ▲3.4%
Operating result €452k, net result €324k, both a record.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €123k ▼42.8%
Net result drops to €123k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-01
State Gazette act
Registered-office change
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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SWISSLOG
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Of 2,499 companies in sector 46649 we hold annual accounts for 1,723. 1,400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-05-2000
Fiscal year end31-12
Activities, NACEBEL
31001Manufacture of furniture
46649Wholesale of other machinery and equipment
51873
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 17-07-2026. Scores and ratios are computed by Checked and are not a credit decision.