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HELENIKIMMO

Active Public limited companyfounded 1992active for 33 yearsRue de la Déportation 73, 7100 La LouvièreKBO/BCE: BE 0448.997.855

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €190,493 (2023)
€108,709▼ 39.7%
lowest -€49,002 (2021)
-€9,464▼ €58,760
peak €121,499 (2024)
€112,034▼ 7.8%
€1.1m▼ 4.1%
Board5 names since 2021
3 directorsPARASKE BOWL and 2 others
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Gross margin from €180,218 to €108,709Loss of €9,464

Key points

from the 2025 annual accounts

Result

-€9,464 -€9,464
€49,3002024-€9,4602025

From profit to loss in 2025, after a profit of €49,295 in 2024.

Debts

€1.1m 91% of the balance sheet
Financial debts 54%Suppliers 3%Other 44%

Of this, €144,196 falls due within a year.

Filings

31 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.

Checked score

90
Excellent
Financially stronger than 30% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.5 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Weak

34=equity 9.1% of total assets
50-1short-term debt 11.7% · cash 1.1%
44-30return on assets -0.8%

Score breakdown

raises risk
Equity €112,034 (9.1% of total assets)
lowers risk
Size: total assets €1.2m
Figures for financial year 2025 (filed on 28-08-2026)
Legal form: public limited company
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 (no NACE code, micro). It does better than 22% of them on solvency, 40% on liquidity, 33% on profitability and 27% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,104 companies had the same profile as HELENIKIMMO has now. Each dot stands for 3 companies, two years later.

94.3%
were still trading
3.5%
stopped another way
1.8%
went bankrupt
  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of HELENIKIMMO itself is lower: 0.1% within 12 months. It rests on far more data about HELENIKIMMO than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,104 companies, not a prediction for HELENIKIMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.86 (0.96 in 2024), below 1. Short-term debt is 11.7% and cash 1.1% of total assets. 90.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €112,034 (9.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-08-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
20 days late
2023
7 days early
2022
5 days early
2021
31 days late
2020
3 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 13 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 20 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
06-11-2026 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

Board and ownership

PA
Managing director
PB
Director, Athanosios PANAGIOTOU, since 29-05-2021
PP
Director, since 29-05-2021

Shares in 1 company, PARASKE BOWL

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448997855
Capital increase of BEF 1,251,074 to BEF 2,501,074 Capital from BEF 1,250,000 to BEF 2,501,074 · Resignations: PARAPONIARIS Maria (managing director) and PANAGIOTOU Athanosios (director) · Appointment: PANAGIOTOU Alexandre (director) · General meeting of 12-12-2023 · Gazette deed
4 directors reappointed Maria PARAPONIARIS (chair of the board and managing director), Athanosios PANAGIOTOU, PARASKE BOWL and Paraskevi PANAGIOTOU · Permanent representative: Maria PARAPONIARIS · General meeting of 11-06-2021 · Gazette deed
First establishment Rue Hamoir (L.L) 82, La Louvière
All 43 events

Official details

Source: KBO
Status
Active since 16-12-1992Normal situation
Activity
“La société a pour objet la gestion de son patrimoine immobilier.A cet égard,elle peut…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
Establishment unit
2.061.391.3427100 La Louvière, since 23-03-1993
Financial year end
31 December
Peppol
Reachable since 13-02-2026
Company details

Annual accounts 2025

≈ €280,000estimated
€1.2m▼ 4.4%
Filing
Filed on 27-08-2026
Financials

Insights on HELENIKIMMO

HELENIKIMMO has existed since 1992. In 2023 the gross margin rose from €51,072 to €190,493.

In December 2023, the Official Gazette published the appointment of PANAGIOTOU Alexandre as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HELENIKIMMO

What is the company number of HELENIKIMMO?
The company number of HELENIKIMMO is 0448.997.855. The VAT number is the same number with BE in front: BE 0448.997.855.
Where is HELENIKIMMO based?
The registered office is at Rue de la Déportation 73, 7100 La Louvière.Company details
What is the legal form of HELENIKIMMO?
HELENIKIMMO is a public limited company (NV).
When was HELENIKIMMO founded?
HELENIKIMMO was founded on 16-12-1992.
Is HELENIKIMMO still active?
Yes, HELENIKIMMO is an active enterprise in the KBO register.
What is the turnover of HELENIKIMMO?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €108,709 and 1,646 comparable companies of the same size. It probably lies between €170,000 and €520,000. It is a rough estimate.Financials
Is HELENIKIMMO profitable?
In financial year 2025, HELENIKIMMO made a loss of €9,464.
Where can I find the annual accounts of HELENIKIMMO?
HELENIKIMMO filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HELENIKIMMO due?
HELENIKIMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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