Summary
Helesco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €166k and a net result of €48k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 8023 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
on the day
2022
3 d early
2021
33 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▼ 1.0%
2024 · €168k
2021: €61k
2022: €104k
2023: €141k
2024: €168k
2021 → 2025
Net result
€48k▲ 82.1%
2024 · €27k
2021: €59k
2022: €44k
2023: €62k
2024: €27k
2021 → 2025
Total assets
€508k▲ 26.0%
2024 · €403k
2021: €73k
2022: €131k
2023: €193k
2024: €403k
2021 → 2025
Solvency
32.7%▼ 8.9pp
2024 · 41.6%
2021: 82.9%
2022: 79.9%
2023: 73.3%
2024: 41.6%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€104k▲ 72.1%€141k▲ 35.4%€168k▲ 18.8%€166k▼ 1.0%
Operating result€74k-€55k▼ 25.1%€79k▲ 42.9%€36k▼ 54.5%€71k▲ 96.4%
Net result€59k-€44k▼ 25.5%€62k▲ 41.7%€27k▼ 57.1%€48k▲ 82.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 96% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €508k
Fixed assets
€345k ▲ 18.4%
Current assets
€163k ▲ 45.9%
Equity and liabilities €508k
Equity
€166k ▼ 1.0%
Debt
€342k ▲ 45.2%
Debt's share of the balance-sheet total rises from 58.4% to 67.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
29.1%▲
2024 · 15.8%
ROA
9.5%▲
2024 · 6.6%
Debt ≤ 1 year
€80k▲
2024 · €29k
Debt > 1 year
€262k▲
2024 · €206k
Income taxes
€13k▲
2024 · €8k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€403k€508k▲
Fixed assets21/28€292k€345k▲
Tangible fixed assets22/27€292k€345k▲
Land and buildings22€279k€327k▲
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€11k€16k▲
Current assets29/58€112k€163k▲
Amounts receivable within one year40/41€21k€21k▼
Trade receivables40€18k€18k=
Other amounts receivable41€4k€4k▼
Current investments50/53-€100k
Cash at bank and in hand54/58€90k€36k▼
Deferred charges and accrued income490/1€290€5k▲
Equity and liabilities
Total equity and liabilities10/49€403k€508k▲
Equity10/15€168k€166k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€166k€164k▼
Amounts payable17/49€235k€342k▲
Amounts payable after more than one year17€206k€262k▲
Financial debts170/4€206k€262k▲
Amounts payable within one year42/48€29k€80k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€16k€674▼
Suppliers440/4€16k€674▼
Taxes, remuneration and social security45€8k€15k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€5k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€20k▼
Other operating charges640/8€915€227▼
Non-recurring operating charges66A€368€483▲
Gross operating margin9900€92k€91k▼
Operating profit (loss)9901€36k€71k▲
Financial income75/76B€813€216▼
Recurring financial income75€813€216▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€34k€62k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€27k€48k▲
Profit (loss) for the period to be appropriated9905€27k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€166k€214k▲
Profit (loss) brought forward from the previous period14P€139k€166k▲
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (8 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €27k ▼57.1%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €150kEq €168k ▲18.8%
4 profitable years in a row build equity to €168k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2021net €62k ▲41.7%
Operating result €79k, net result €62k, both a record.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €104k ▲72.1%
2 profitable years in a row build equity to €104k.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lokeren · 1 establishment unit since 2020
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.
Hillarestraat 1769160 LokerenGround area
1,263 m²
Building footprint
169 m²
Volume, LiDAR
1,058 m³
Parcel 46384C1035/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Helesco
since 20202.308.065.807
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384C1035/00H000 | Flanders | 1,263 m² | 1 · 169 m² | 9.8 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.
Similar companies · same sector, comparable size
DBF INVEST
BE 0797.500.148
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D.T.D.
BE 0861.645.060
Waterloo · Eq €166,403
BOND-INVEST
BE 0690.810.046
Zedelgem · Eq €166,117
MARBEA
BE 0521.962.542
Retie · Eq €166,432
Parallel Strategy
BE 0794.192.646
Mont-Saint-Guibert · Eq €166,086
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,388 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2020
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.