HELIFIEN
ActiveSummary
The computed 12-month bankruptcy probability of HELIFIEN is 2.2% (moderate). The 2025 annual accounts show negative equity (€-335k) and a net result of €-92k. Equity is shrinking by ~61.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 139 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
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.14 in 2024; short-term debt: 58.4% and cash: 5.8% 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.
+raises risk○neutral
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
-115.4%
Return on assets
-31.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Air transport (NACE 51)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-335k
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 20-08-2026, 20 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 · 5 filingsDeviation from the deadline
2025
20 d late
2024
37 d early
2023
27 d early
2022
24 d early
2021
62 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, micro schema
Equity
€-335k▼ 38.1%
2024 · €-243k
2021: €52khighest in 5 years
2022: €-48k▼ -193% vs 2021
2023: €-157k▼ -228% vs 2022
2024: €-243k▼ -54.5% vs 2023
2025: €-335k▼ -38.1% vs 2024lowest in 5 years
2021 → 2025
Total assets
€291k▼ 11.3%
2024 · €328k
2021: €480khighest in 5 years
2022: €450k▼ -6.2% vs 2021
2023: €392k▼ -12.9% vs 2022
2024: €328k▼ -16.5% vs 2023
2025: €291k▼ -11.3% vs 2024lowest in 5 years
2021 → 2025
Net result
€-92k▼ 7.9%
2024 · €-86k
2021: €2khighest in 5 years
2022: €-100k▼ -6268% vs 2021
2023: €-109k▼ -9.7% vs 2022lowest in 5 years
2024: €-86k▲ +21.6% vs 2023
2025: €-92k▼ -7.9% vs 2024
2021 → 2025
Working capital
€-140k▼ 1.1%
2024 · €-138k
2021: €-13khighest in 5 years
2022: €-108k▼ -739% vs 2021
2023: €-128k▼ -17.9% vs 2022
2024: €-138k▼ -8.0% vs 2023
2025: €-140k▼ -1.1% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€-48k€-157k▼ 228%€-243k▼ 54.5%€-335k▼ 38.1%
2021: €52khighest in 5 years
2022: €-48k▼ -193% vs 2021
2023: €-157k▼ -228% vs 2022
2024: €-243k▼ -54.5% vs 2023
2025: €-335k▼ -38.1% vs 2024lowest in 5 years
Operating result€13k-€-94k€-106k▼ 12.4%€-81k▲ 23.4%€-89k▼ 9.6%
2021: €13khighest in 5 years
2022: €-94k▼ -799% vs 2021
2023: €-106k▼ -12.4% vs 2022lowest in 5 years
2024: €-81k▲ +23.4% vs 2023
2025: €-89k▼ -9.6% vs 2024
Net result€2k-€-100k€-109k▼ 9.7%€-86k▲ 21.6%€-92k▼ 7.9%
2021: €2khighest in 5 years
2022: €-100k▼ -6268% vs 2021
2023: €-109k▼ -9.7% vs 2022lowest in 5 years
2024: €-86k▲ +21.6% vs 2023
2025: €-92k▼ -7.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €89k in 2025 against €81k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€260k ▼ 14.9%
Current assets
€30k ▲ 39.6%
Key figures and ratios
EBITDA
€-43k▼
2024 · €-35k
Cash flow
€-47k▼
2024 · €-39k
Solvency
-115.4%▼
2024 · -74.2%
Current ratio
0.18▲
2024 · 0.14
Debt to equity
-1.87▲
2024 · -2.35
ROA
-31.8%▼
2024 · -26.2%
Interest coverage
-11.68▼
2024 · -7.33
Debt
€626k▲
2024 · €571k
Debt ≤ 1 year
€170k▲
2024 · €160k
Debt > 1 year
€456k▲
2024 · €411k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€328k€291k▼
Formation expenses20€0€0=
Fixed assets21/28€306k€260k▼
Tangible fixed assets22/27€306k€260k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€0€0=
Other tangible fixed assets26€304k€259k▼
Current assets29/58€22k€30k▲
Amounts receivable within one year40/41€17k€10k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€11k€6k▼
Cash at bank and in hand54/58€341€17k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€328k€291k▼
Equity10/15€-243k€-335k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-293k€-385k▼
Amounts payable17/49€571k€626k▲
Amounts payable after more than one year17€411k€456k▲
Financial debts170/4€411k€456k▲
Amounts payable within one year42/48€160k€170k▲
Current portion of amounts payable after more than one year42€43k€44k▲
Trade debts44€110k€120k▲
Suppliers440/4€110k€120k▲
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€27€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-33k€-41k▼
Operating profit (loss)9901€-81k€-89k▼
Financial income75/76B€14€4▼
Recurring financial income75€14€4▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-86k€-92k▼
Profit (loss) for the period9904€-86k€-92k▼
Profit (loss) for the period to be appropriated9905€-86k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-293k€-385k▼
Profit (loss) brought forward from the previous period14P€-207k€-293k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €47k | €47k | €46k | €46k | ▼ 1.7% |
| Other operating charges640/8 | €3k | €232 | €418 | €1k | €2k | ▲ 84.4% |
| Gross operating margin9900 | €31k | €-46k | €-58k | €-33k | €-41k | ▼ 22.5% |
| Operating profit (loss)9901 | €13k | €-94k | €-106k | €-81k | €-89k | ▼ 9.6% |
| Financial income75/76B | €18 | - | €1k | €14 | €4 | ▼ 69.2% |
| Recurring financial income75 | €18 | - | €1k | €14 | €4 | ▼ 69.2% |
| Financial charges65/66B | €12k | €5k | €5k | €5k | €4k | ▼ 21.7% |
| Recurring financial charges65 | €12k | €5k | €5k | €5k | €4k | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €2k | €-100k | €-109k | €-86k | €-92k | ▼ 7.9% |
| Profit (loss) for the period9904 | €2k | €-100k | €-109k | €-86k | €-92k | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-100k | €-109k | €-86k | €-92k | ▼ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €480k | €450k | €392k | €328k | €291k | ▼ 11.3% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €446k | €400k | €352k | €306k | €260k | ▼ 14.9% |
| Tangible fixed assets22/27 | €446k | €400k | €352k | €306k | €260k | ▼ 14.9% |
| Plant, machinery and equipment23 | €3k | €2k | €2k | €2k | €2k | ▼ 15.5% |
| Furniture and vehicles24 | €3k | €3k | €774 | €0 | €0 | - |
| Other tangible fixed assets26 | €440k | €395k | €349k | €304k | €259k | ▼ 14.9% |
| Current assets29/58 | €34k | €50k | €40k | €22k | €30k | ▲ 39.6% |
| Amounts receivable within one year40/41 | €16k | €41k | €5k | €17k | €10k | ▼ 44.1% |
| Trade receivables40 | €4k | €11k | - | €6k | €4k | ▼ 33.9% |
| Other amounts receivable41 | €12k | €30k | €5k | €11k | €6k | ▼ 49.6% |
| Cash at bank and in hand54/58 | €2k | €5k | €28k | €341 | €17k | ▲ 4,858% |
| Deferred charges and accrued income490/1 | €15k | €4k | €7k | €4k | €4k | ▼ 10.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €480k | €450k | €392k | €328k | €291k | ▼ 11.3% |
| Equity10/15 | €52k | €-48k | €-157k | €-243k | €-335k | ▼ 38.1% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €2k | €-98k | €-207k | €-293k | €-385k | ▼ 31.6% |
| Amounts payable17/49 | €428k | €498k | €549k | €571k | €626k | ▲ 9.7% |
| Amounts payable after more than one year17 | €381k | €339k | €382k | €411k | €456k | ▲ 11.0% |
| Financial debts170/4 | €381k | €339k | €382k | €411k | €456k | ▲ 11.0% |
| Amounts payable within one year42/48 | €47k | €159k | €168k | €160k | €170k | ▲ 6.3% |
| Current portion of amounts payable after more than one year42 | €38k | €38k | €42k | €43k | €44k | ▲ 1.4% |
| Trade debts44 | €4k | €106k | €119k | €110k | €120k | ▲ 8.9% |
| Suppliers440/4 | €4k | €106k | €119k | €110k | €120k | ▲ 8.9% |
| Advances received on contracts in progress46 | €5k | €5k | €5k | €5k | €5k | = |
| Taxes, remuneration and social security45 | - | €826 | - | €1k | - | - |
| Taxes450/3 | - | €826 | - | €1k | - | - |
| Other amounts payable47/48 | €466 | €8k | €1k | €27 | €1k | ▲ 4,156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-100k | €-109k | €-86k | €-92k | ▼ 7.9% |
| + Depreciation and write-downs630 | €15k | €47k | €47k | €46k | €46k | ▼ 1.7% |
| Operating cash flow (approximation) | €17k | €-52k | €-62k | €-39k | €-47k | ▼ 19.2% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | €0 | - |
| Change in cash | - | €3k | €22k | €-27k | €17k | ▲ 160% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-109k
Net result drops to €-109k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Diksmuide · 1 establishment unit since 2020
Ground area
3,582 m²
Building footprint
468 m²
Volume, LiDAR
2,532 m³
Parcel 32023A0125/00Y000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELIFIEN
since 20202.307.203.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32023A0125/00Y000 | Flanders | 3,582 m² | 1 · 468 m² | 10.6 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 452 companies in sector 51100 we hold annual accounts for 170. 125 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
Founded01-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
51100Air transport
77350Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.