Skip to content

HELI

Active Private limited companyfounded 1997active for 29 yearsLokouter 18, 9880 AalterKBO/BCE: BE 0461.642.893 #5 oldest company in Aalter, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €84,409 (2025)
€84,409▲ 7.9%
lowest -€54,795 (2018)
€27,698▲ 1.6%
peak €131,890 (2025)
€131,890▲ 26.6%
€223,355▼ 8.6%
peak 1.5 FTE (2006)
-not published
Board2 names since 2001
2 directorsEelbode Linda and 1 other
Documentsfilings and deeds
20-03-2026133 days before the deadline
2025micro format
Equity from €104,192 to €131,890Investments €65,070

Key points

from the 2025 annual accounts

Equity

€131,890 ▲ 26.6%

HELI has made a profit without a break since 2020.

Turnover

≈ €310,000 estimated

The micro format states no turnover.

Investments

€65,070 1.9 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 18.9% higher than in 2024.

Liquidity

1.09 was 1.52 in 2024

Short-term debts rose from €61,426 to €64,265.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2019 accounts came latest: 118 days after the end of the period.

Position in the sector

€131,890

More equity than 83% of companies in food and beverage service. Sector median €28,653 · 17,184 companies.

Checked score

83
Excellent
Financially stronger than 66% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.2%highest value 01-2025: 1.1%▼ -0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.5 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.5%▼ -0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026lowest value 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

62+7equity 37.1% of total assets
67-9short-term debt 18.1% · cash 17.8%
78-1return on assets 7.8%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
1 of the last 3 accounts late
lowers risk
Founded in 1997
Liquidity: current ratio 1.09, cash €63,261
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 56, micro). It does better than 57% of them on solvency, 72% on liquidity, 63% on profitability and 71% on growth.

The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 31,368 companies had the same profile as HELI has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of HELI itself: 0.5% within 12 months.

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 31,368 companies, not a prediction for HELI. 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 tight, with a current ratio of 1.09 (1.52 in 2024), below the usual 1.5. Short-term debt is 18.1% and cash 17.8% of total assets. 62.9% 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 riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.09, cash €63,261
NBB · annual accounts
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 20-03-2026, 133 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
133 days early
2024
58 days early
2023
47 days late
2022
28 days late
2021
29 days late
2020
20 days late
2019
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 28 August (4 of the last 5 accounts filed within 86 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

EL
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0461642893
Changes of role: Eelbode Linda (director) and Van Rijckeghem Philip (director) “De uitbating van een frituur en alle verrichtingen die rechtstreeks of onrechtstreeks met de frituuruitbating…” (deed in Dutch) · General meeting of 11-12-2023 · Gazette deed
Environmental permit granted Bouwen of herbouwen · Aalter
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Aalter
All 41 events

Comparable companies

same main activity, similar in size and age
Company
HELI Aalter €355,245 €84,409 37.1% -
3BT Ghent €344,773 €92,014 54.5% -
JOSELLY Pelt €327,688 €77,215 90.7% -
GERARD Edegem €376,131 €98,592 31.5% -
LE MATIN LIEGEOIS Ouffet €314,676 €98,037 56.8% -
LA BOUTIQUE ALIMENTAIRE Brussels €358,266 €107,862 64.3% -
D & C CITE Heusden-Zolder €370,258 €79,534 84.1% -

These companies have the same main activity as HELI: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €315,000 and €376,000, founded between 1994 and 2002.

Official details

Source: KBO
Status
Active since 09-10-1997Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.085.067.9539880 Aalter, since 21-01-1998
Financial year end
31 December
Peppol
Reachable since 14-10-2025
Company details

Annual accounts 2025

€355,245▲ 1.9%
Filing
Filed on 20-03-2026, 133 days before the end of the filing period
Financials

Insights on HELI

HELI files the micro format. That format states no turnover. The gross margin rose from €52,071 in 2006 to €84,409 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets.

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 HELI

What is the company number of HELI?
The company number of HELI is 0461.642.893. The VAT number is the same number with BE in front: BE 0461.642.893.
Where is HELI based?
The registered office is at Lokouter 18, 9880 Aalter.Company details
What does HELI do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of HELI?
HELI is a private limited company (BV).
When was HELI founded?
HELI was founded on 09-10-1997.
Is HELI still active?
Yes, HELI is an active enterprise in the KBO register.
How many employees does HELI have?
HELI had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does HELI fall under?
In its 2025 annual accounts, HELI states joint committee 302 (Hotels and catering).
What is the turnover of HELI?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €84,409 and 90 comparable companies (NACE 56112). It probably lies between €230,000 and €370,000.
Is HELI profitable?
In financial year 2025, HELI made a profit of €27,698.
Where can I find the annual accounts of HELI?
HELI filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HELI due?
HELI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.