HELCON GROUP
ActiveThe computed 12-month bankruptcy probability of HELCON GROUP is 1.7% (moderate). The 2025 annual accounts show equity of €83k and a net result of €3k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 13009 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability26▲+26
Solvency16▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.53 in 2024), and 79.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
20.1%
Return on assets
0.8%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
30 d early
2023
1 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.13M
EBIT margin
1.9%
Net result
€3k
2024 · €-5k
2018: €3k
2019: €5k
2020: €-3k
2021: €3k
2022: €26k
2023: €25k
2024: €-5k
2018 → 2025
Working capital
€-94k▲ 13.6%
2024 · €-108k
2018: €7k
2019: €9k
2020: €9k
2021: €5k
2022: €34k
2023: €48k
2024: €-108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.13M
Equity€34k-€60k▲ 77.8%€85k▲ 41.0%€80k▼ 6.1%€83k▲ 4.0%
Operating result€5k-€34k▲ 627%€37k▲ 9.1%€746▼ 98.0%€22k▲ 2,788%
Net result€3k-€26k▲ 727%€25k▼ 6.3%€-5k€3k
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 recovers in 2025; 2025 is 2,788% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412k
Fixed assets
€262k▼ 15.2%
Current assets
€150k▲ 22.5%
Equity and liabilities €412k
Equity
€83k▲ 4.0%
Debt
€329k▼ 6.5%
The debt ratio falls from 81.6% to 79.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€74k▲
2024 · €30k
Cash flow
€56k▲
2024 · €24k
Solvency
20.1%▲
2024 · 18.4%
Current ratio
0.62▲
2024 · 0.53
Quick ratio
0.53▲
2024 · 0.44
Debt / equity
3.98▼
2024 · 4.43
ROE
3.9%▲
2024 · -6.5%
ROA
0.8%▲
2024 · -1.2%
Interest coverage
4.03▼
2024 · 5.13
Debt
€329k▼
2024 · €352k
Debt ≤ 1 year
€244k▲
2024 · €231k
Debt > 1 year
€84k▼
2024 · €122k
Income taxes
€5▼
2024 · €138
Staff costs
€410k▲
2024 · €282k
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€432k€412k▼
Fixed assets21/28€310k€262k▼
Tangible fixed assets22/27€307k€262k▼
Plant, machinery and equipment23€19k€11k▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€286k€248k▼
Financial fixed assets28€2k-
Current assets29/58€122k€150k▲
Stocks and contracts in progress3€20k€20k=
Stocks30/36€20k€20k=
Amounts receivable within one year40/41€31k€69k▲
Trade receivables40€2k€191▼
Other amounts receivable41€29k€68k▲
Cash at bank and in hand54/58€71k€61k▼
Equity and liabilities
Total equity and liabilities10/49€432k€412k▼
Equity10/15€80k€83k▲
Contributions10/11€6k€6k=
Outside capital11-€6k
Other1109/19-€6k
Reserves13€79k€79k=
Distributable reserves133€79k€79k=
Profit (loss) carried forward14€-5k€-2k▲
Amounts payable17/49€352k€329k▼
Amounts payable after more than one year17€122k€84k▼
Financial debts170/4€122k€84k▼
Amounts payable within one year42/48€231k€244k▲
Current portion of amounts payable after more than one year42€49k€37k▼
Financial debts43€50k€50k=
Other loans439€50k€50k=
Trade debts44€101k€131k▲
Suppliers440/4€101k€131k▲
Taxes, remuneration and social security45€31k€25k▼
Taxes450/3€4k€25k▲
Remuneration and social security454/9€27k-
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Turnover70-€1.13M
Goods, raw materials, services and sundry goods60/61-€640k
Remuneration, social security and pensions62€282k€410k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€53k▲
Other operating charges640/8€1k€10k▲
Gross operating margin9900€313k€494k▲
Operating profit (loss)9901€746€22k▲
Financial income75/76B€125€44▼
Recurring financial income75€125€44▼
Financial charges65/66B€6k€18k▲
Recurring financial charges65€6k€18k▲
Profit (loss) for the period before taxes9903€-5k€3k▲
Income taxes67/77€138€5▼
Profit (loss) for the period9904€-5k€3k▲
Profit (loss) for the period to be appropriated9905€-5k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-2k▲
Profit (loss) brought forward from the previous period14P-€-5k
Social balance
Average headcount (FTE)90876.0-
The notes to these accounts (7 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
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-5k ▼121%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €26k ▲727%
Net result €26k, the highest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity triplescurrent ratio 5.84
Current ratio from 2.02 to 5.84; short-term debt falls from €9k to €2k.
29-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Leuven · 2 establishment units since 2008
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.
Ravenstraat 383000 LeuvenGround area
3,516 m²
Building footprint
1,230 m²
Volume, LiDAR
15,809 m³
2 parcels, Flanders · tallest building 24.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Piano A
since 20082.176.035.642
Piano B
since 20242.359.661.689
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B1007/00W000 | Flanders | 3,426 m² | 1 · 1,140 m² | 24.1 m · 5 fl. |
| 24502B0274/00D000 | Flanders | 90 m² | 1 · 90 m² | 14.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLeuven2.359.661.689
Leuven2.176.035.642
Similar companies · same sector, comparable size
AJNH
BE 0726.517.033
Jette · Eq €83k
PINA
BE 0888.297.393
Flobecq · Eq €83k
HESTIA CONCEPT
BE 0899.254.039
Spa · Eq €83k
Fleurie
BE 0715.966.304
Peer · Eq €83k
DORIANA
BE 0888.386.970
Anderlecht · Eq €83k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,624 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2008
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56309Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.