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Helecon

Active
Private limited companyfounded 2020active for 6 yearsSteenweg Deinze 151, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0749.505.241

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Helecon has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,194 and a net result of €69,035. Equity has been growing by about 30% per year since 2021. Its solvency ranks better than 26% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 29-06-2020 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.304.096.230 9810 Nazareth-De Pinte, since 01-07-2020
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€301,146
▲ 21.1%
Turnover
≈ €670,000
estimated
Profit
€69,035
▲ 112%
Equity
€312,194
▲ 45.9%
Total assets
€1.3m
▲ 28.7%
Staff
≈ 1.6 FTE
estimated
Filed on 28-07-2026, 3 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Founded in 2020lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed on 28-07-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 50+3
equity 24.6% of total assets
Liquidity 61+5
short-term debt 15.2% · cash 11.1%
Profitability 76+7
return on assets 5.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.4 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▼ -0.3 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.87 (1.32 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 11.1% of total assets. However, 75.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 26% of them on solvency, 58% on liquidity, 50% on profitability and 82% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
3 days early
2024
19 days late
2023
19 days late
2022
16 days late
2021
8 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 12 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 91% of companies in specialised constructionsector median €57,811 · 34,914 companies €312,194 View
  • Positive: Equity rose in 2025from €213,927 to €312,194 ▲ 45.9% View
  • Positive: 5 profitable years in a rowprofit 2025: €69,035 5 years View

Comparable companies

These companies have the same main activity as Helecon: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.2m and €1.4m, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Helecon Nazareth-De Pinte€1.3m€0.3m
Safy Security Deinze€1.2m€0.3m
CV engineering Herzele€1.2m€0.2m
DENEUT TECHNICS Zonnebeke€1.3m€0.3m
Hanssens Robin Lendelede€1.4m€0.3m
VAN ESSCHE - ROMMELAERE Oostkamp€1.3m€0.2m
VAN DAMME VEC Soignies€1.3m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Helecon

What is the company number of Helecon?
The company number of Helecon is 0749.505.241. The VAT number is the same number with BE in front: BE 0749.505.241.
Where is Helecon based?
The registered office is at Steenweg Deinze 151, 9810 Nazareth-De Pinte.Company details
What does Helecon do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Helecon?
The legal form of Helecon is Private limited company (BV).
When was Helecon founded?
Helecon was founded on 29-06-2020.
Is Helecon still active?
Yes, Helecon is an active enterprise in the KBO register.
What is the turnover of Helecon?
The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €301,146 and 34 comparable companies (NACE 43211). It probably lies between €590,000 and €830,000.Financials
Is Helecon profitable?
In financial year 2025, Helecon made a profit of €69,035.
Where can I find the annual accounts of Helecon?
Helecon filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Helecon due?
Helecon must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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