HELEON ENGINEERING
ActiveHELEON ENGINEERING has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.51M and a net result of €774k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 1984 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency55▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.59 in 2024), and 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
42%
Return on assets
9.3%
Age of the figures
8 mo
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
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
7 d early
2023
20 d early
2022
13 d early
2021
16 d early
2020
20 d late
2019
31 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.51M▼ 2.2%
2024 · €3.59M
2018: €1.37M
2019: €1.45M
2020: €2.25M
2021: €2.44M
2022: €2.44M
2023: €2.72M
2024: €3.59M
2018 → 2025
Total assets
€8.35M▲ 9.5%
2024 · €7.63M
2018: €6.48M
2019: €7.03M
2020: €7.33M
2021: €7.17M
2022: €6.92M
2023: €6.92M
2024: €7.63M
2018 → 2025
Net result
€774k▼ 14.7%
2024 · €907k
2018: €-75k
2019: €78k
2020: €811k
2021: €184k
2022: €244k
2023: €278k
2024: €907k
2018 → 2025
Working capital
€-1.98M▼ 21.8%
2024 · €-1.63M
2018: €-2.29M
2019: €-2.81M
2020: €-2.16M
2021: €-2.46M
2022: €-2.57M
2023: €-2.44M
2024: €-1.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.44M-€2.44M▲ 0.2%€2.72M▲ 11.3%€3.59M▲ 31.9%€3.51M▼ 2.2%
Operating result€158k-€155k▼ 1.9%€163k▲ 5.6%€206k▲ 26.6%€528k▲ 156%
Net result€184k-€244k▲ 32.6%€278k▲ 13.9%€907k▲ 227%€774k▼ 14.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 156% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.35M
Fixed assets
€5.49M▲ 3.7%
Current assets
€2.86M▲ 22.6%
Equity and liabilities €8.35M
Equity
€3.51M▼ 2.2%
Debt
€4.85M▲ 19.9%
The debt ratio rises from 53.0% to 58.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€550k▲
2024 · €230k
Cash flow
€796k▼
2024 · €931k
Solvency
42.0%▼
2024 · 47.0%
Current ratio
0.59▲
2024 · 0.59
Quick ratio
0.59▲
2024 · 0.59
Debt / equity
1.38▲
2024 · 1.13
ROE
22.1%▼
2024 · 25.3%
ROA
9.3%▼
2024 · 11.9%
Interest coverage
39.34▲
2024 · 15.67
Debt
€4.85M▲
2024 · €4.04M
Debt ≤ 1 year
€4.85M▲
2024 · €3.96M
Debt > 1 year
€0▼
2024 · €80k
Income taxes
€225k▲
2024 · €78k
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€7.63M€8.35M▲
Fixed assets21/28€5.30M€5.49M▲
Tangible fixed assets22/27€636k€832k▲
Land and buildings22€618k€601k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€5k€4k▼
Assets under construction and advance payments27-€220k
Financial fixed assets28€4.66M€4.66M=
Current assets29/58€2.33M€2.86M▲
Amounts receivable after more than one year29€579k€579k=
Other amounts receivable291€579k€579k=
Amounts receivable within one year40/41€246k€883k▲
Trade receivables40€46k€283k▲
Other amounts receivable41€200k€600k▲
Current investments50/53€819k€1.19M▲
Cash at bank and in hand54/58€151k€142k▼
Deferred charges and accrued income490/1€539k€69k▼
Equity and liabilities
Total equity and liabilities10/49€7.63M€8.35M▲
Equity10/15€3.59M€3.51M▼
Contributions10/11€12k€12k=
Reserves13€3.57M€3.49M▼
Tax-exempt reserves132€84k€42k▼
Distributable reserves133€3.49M€3.45M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4.04M€4.85M▲
Amounts payable after more than one year17€80k€0▼
Financial debts170/4€80k€0▼
Amounts payable within one year42/48€3.96M€4.85M▲
Current portion of amounts payable after more than one year42€80k€80k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€46k€173k▲
Taxes450/3€40k€166k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€3.83M€4.58M▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A€0€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€5k€4k▼
Gross operating margin9900€235k€554k▲
Operating profit (loss)9901€206k€528k▲
Financial income75/76B€793k€485k▼
Recurring financial income75€793k€485k▼
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€985k€999k▲
Income taxes67/77€78k€225k▲
Profit (loss) for the period9904€907k€774k▼
Transfer from tax-exempt reserves789€0€42k▲
Transfer to tax-exempt reserves689€42k€0▼
Profit (loss) for the period to be appropriated9905€865k€816k▼
Appropriation of the result
Profit (loss) to be appropriated9906€865k€816k▼
Transfer from equity791/2€37k€852k▲
Transfer to equity691/2€863k€815k▼
To other reserves6921€863k€815k▼
Profit to be distributed694/7€39k€854k▲
Return on contributions (dividend)694€39k€854k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €907k ▲227%
Net result €907k, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
31-12
Financial
Equity above €2MEq €2.25M ▲56%
2 profitable years in a row build equity to €2.25M.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
Eva VERBESSELT
CurrentDirector · since 10-11-2022
Vincent VERSCHOORE
CurrentDirector · since 10-11-2022
10-11-2022
Eva VERBESSELT: Appointed as Director
10-11-2022
Vincent VERSCHOORE: Appointed as Director
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2006
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.
Gentseheerweg 1028870 IzegemGround area
2,605 m²
Building footprint
577 m²
Volume, LiDAR
2,954 m³
Parcel 36493B0162/00K000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gentseheerweg 102, 8870 Izegem
since 20062.202.785.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0162/00K000 | Flanders | 2,605 m² | 1 · 577 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676002YH58BOCR1OS31
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CEE-ENGINEERING
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Of 11,505 companies in sector 71121 we hold annual accounts for 6,524. 1,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2006
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
46900Non-specialised wholesale trade
51900
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.