HELENICO
ActiveSummary
HELENICO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.86M) and a net result of €-2.01M. Equity is shrinking by ~661.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-43
Solvency0▼-31
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 97.1% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-633%
Return on assets
-683.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-1.86M
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 21-05-2026, 71 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
71 d early
2024
66 d early
2023
104 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.86M
2024 · €148k
2023: €98k
2024: €148k▲ +50.1% vs 2023highest in 3 years
2025: €-1.86M▼ -1357% vs 2024lowest in 3 years
2023 → 2025
Total assets
€293k▼ 87.5%
2024 · €2.34M
2023: €2.42Mhighest in 3 years
2024: €2.34M▼ -3.3% vs 2023
2025: €293k▼ -87.5% vs 2024lowest in 3 years
2023 → 2025
Net result
€-2.01M
2024 · €49k
2023: €-2k
2024: €49k▲ +3355% vs 2023highest in 3 years
2025: €-2.01M▼ -4163% vs 2024lowest in 3 years
2023 → 2025
Working capital
€-284k▼ 104%
2024 · €-139k
2023: €-240k
2024: €-139k▲ +42.1% vs 2023highest in 3 years
2025: €-284k▼ -104% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€98k-€148k▲ 50.1%€-1.86M
2023: €98k
2024: €148k▲ +50.1% vs 2023highest in 3 years
2025: €-1.86M▼ -1357% vs 2024lowest in 3 years
Operating result€86k-€147k▲ 70.2%€117k▼ 20.2%
2023: €86klowest in 3 years
2024: €147k▲ +70.2% vs 2023highest in 3 years
2025: €117k▼ -20.2% vs 2024
Net result€-2k-€49k€-2.01M
2023: €-2k
2024: €49k▲ +3355% vs 2023highest in 3 years
2025: €-2.01M▼ -4163% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€292k ▼ 87.5%
Current assets
€1k ▲ 232%
Key figures and ratios
Solvency
-633.0%▼
2024 · 6.3%
Current ratio
0.00▲
2024 · 0.00
Debt to equity
-1.16▼
2024 · 14.84
ROA
-683.3%▼
2024 · 2.1%
Debt
€2.15M▼
2024 · €2.19M
Debt ≤ 1 year
€285k▲
2024 · €140k
Debt > 1 year
€1.86M▼
2024 · €2.05M
Income taxes
€7k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.34M€293k▼
Fixed assets21/28€2.34M€292k▼
Financial fixed assets28€2.34M€292k▼
Current assets29/58€394€1k▲
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€0€920▲
Deferred charges and accrued income490/1€394€387▼
Equity and liabilities
Total equity and liabilities10/49€2.34M€293k▼
Equity10/15€148k€-1.86M▼
Contributions10/11€100k€100k=
Reserves13€48k€0▼
Distributable reserves133€48k€0▼
Profit (loss) carried forward14€0€-1.96M▼
Amounts payable17/49€2.19M€2.15M▼
Amounts payable after more than one year17€2.05M€1.86M▼
Financial debts170/4€2.05M€1.84M▼
Other amounts payable178/9€5k€28k▲
Amounts payable within one year42/48€140k€285k▲
Current portion of amounts payable after more than one year42€107k€257k▲
Trade debts44€637€0▼
Suppliers440/4€637€0▼
Taxes, remuneration and social security45€32k€28k▼
Taxes450/3€23k€28k▲
Remuneration and social security454/9€9k€0▼
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Other operating charges640/8€687€1k▲
Gross operating margin9900€148k€119k▼
Operating profit (loss)9901€147k€117k▼
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€86k€2.12M▲
Recurring financial charges65€86k€82k▼
Non-recurring financial charges66B-€2.03M
Profit (loss) for the period before taxes9903€62k€-2.00M▼
Income taxes67/77€13k€7k▼
Profit (loss) for the period9904€49k€-2.01M▼
Profit (loss) for the period to be appropriated9905€49k€-2.01M▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€-2.01M▼
Profit (loss) brought forward from the previous period14P€-2k€0▲
Transfer from equity791/2-€48k
Transfer to equity691/2€48k€0▼
To other reserves6921€48k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €384 | €687 | €1k | ▲ 107% |
| Gross operating margin9900 | €87k | €148k | €119k | ▼ 19.6% |
| Operating profit (loss)9901 | €86k | €147k | €117k | ▼ 20.2% |
| Financial income75/76B | - | €1k | €0 | ▼ 100% |
| Recurring financial income75 | - | €1k | €0 | ▼ 100% |
| Financial charges65/66B | €88k | €86k | €2.12M | ▲ 2,355% |
| Recurring financial charges65 | €88k | €86k | €82k | ▼ 4.7% |
| Non-recurring financial charges66B | - | - | €2.03M | - |
| Profit (loss) for the period before taxes9903 | €-1k | €62k | €-2.00M | ▼ 3,306% |
| Income taxes67/77 | €210 | €13k | €7k | ▼ 43.2% |
| Profit (loss) for the period9904 | €-2k | €49k | €-2.01M | ▼ 4,163% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €49k | €-2.01M | ▼ 4,163% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.42M | €2.34M | €293k | ▼ 87.5% |
| Fixed assets21/28 | €2.33M | €2.34M | €292k | ▼ 87.5% |
| Financial fixed assets28 | €2.33M | €2.34M | €292k | ▼ 87.5% |
| Current assets29/58 | €98k | €394 | €1k | ▲ 232% |
| Amounts receivable within one year40/41 | €95k | €0 | - | - |
| Trade receivables40 | €84k | €0 | - | - |
| Other amounts receivable41 | €11k | - | - | - |
| Cash at bank and in hand54/58 | €2k | €0 | €920 | - |
| Deferred charges and accrued income490/1 | €392 | €394 | €387 | ▼ 1.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.42M | €2.34M | €293k | ▼ 87.5% |
| Equity10/15 | €98k | €148k | €-1.86M | ▼ 1,357% |
| Contributions10/11 | €100k | €100k | €100k | = |
| Reserves13 | - | €48k | €0 | ▼ 100% |
| Distributable reserves133 | - | €48k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €-2k | €0 | €-1.96M | - |
| Amounts payable17/49 | €2.32M | €2.19M | €2.15M | ▼ 2.0% |
| Amounts payable after more than one year17 | €1.94M | €2.05M | €1.86M | ▼ 9.1% |
| Financial debts170/4 | €1.94M | €2.05M | €1.84M | ▼ 10.2% |
| Other amounts payable178/9 | - | €5k | €28k | ▲ 509% |
| Amounts payable within one year42/48 | €338k | €140k | €285k | ▲ 104% |
| Current portion of amounts payable after more than one year42 | €107k | €107k | €257k | ▲ 140% |
| Trade debts44 | €175 | €637 | €0 | ▼ 100% |
| Suppliers440/4 | €175 | €637 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €21k | €32k | €28k | ▼ 12.3% |
| Taxes450/3 | €12k | €23k | €28k | ▲ 22.1% |
| Remuneration and social security454/9 | €9k | €9k | €0 | ▼ 100% |
| Other amounts payable47/48 | €210k | - | - | - |
| Accrued charges and deferred income492/3 | €43k | €4k | €2k | ▼ 62.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €49k | €-2.01M | ▼ 4,163% |
| Operating cash flow (approximation) | €-2k | €49k | €-2.01M | ▼ 4,163% |
| Investment in fixed assets (approximation) | - | €-17k | €2.05M | ▲ 12,517% |
| Change in cash | - | €-2k | €920 | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-2.01M
Net result drops to €-2.01M, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
31-12
Financial
Equity above €100kEq €148k ▲50.1%
Equity rises from €98k to €148k.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Zwevegem · 1 establishment unit since 2022
Ground area
439 m²
Building footprint
106 m²
Volume, LiDAR
665 m³
Parcel 34042B0466/00P004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELENICO
since 20222.339.478.167
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0466/00P004 | Flanders | 439 m² | 1 · 106 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.