HELIOS
ActiveHELIOS has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €-22k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-88
Solvency73▼-10
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 2.3 in 2024; short-term debt: 51.9% and cash: 16.1% of total assets), but 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
48%
Return on assets
-38.5%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
50 d early
2023
20 d late
2022
22 d late
2021
24 d late
2020
31 d late
2019
3 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▼ 44.5%
2024 · €50k
2018: €38k
2019: €26k
2020: €966
2021: €2k
2022: €37k
2023: €37k
2024: €50k
2018 → 2025
Total assets
€58k▼ 33.4%
2024 · €87k
2018: €109k
2019: €81k
2020: €39k
2021: €41k
2022: €69k
2023: €83k
2024: €87k
2018 → 2025
Net result
€-22k
2024 · €13k
2018: €26k
2019: €-12k
2020: €-25k
2021: €1k
2022: €35k
2023: €122
2024: €13k
2018 → 2025
Working capital
€23k▼ 52.6%
2024 · €48k
2018: €47k
2019: €25k
2020: €6k
2021: €-3k
2022: €31k
2023: €33k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€37k▲ 1,700%€37k▲ 0.3%€50k▲ 36.3%€28k▼ 44.5%
Operating result€1k-€35k▲ 2,304%€1k▼ 96.9%€18k▲ 1,572%€-22k
Net result€1k-€35k▲ 3,141%€122▼ 99.6%€13k▲ 10,841%€-22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €18k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€5k▲ 135%
Current assets
€53k▼ 37.7%
Equity and liabilities €58k
Equity
€28k▼ 44.5%
Debt
€30k▼ 18.2%
The debt ratio rises from 42.4% to 52.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-21k▼
2024 · €20k
Cash flow
€-21k▼
2024 · €15k
Solvency
48.0%▼
2024 · 57.6%
Current ratio
1.76▼
2024 · 2.30
Quick ratio
1.12▼
2024 · 2.30
Debt / equity
1.08▲
2024 · 0.74
ROE
-80.2%▼
2024 · 26.6%
ROA
-38.5%▼
2024 · 15.3%
Interest coverage
-50.67▼
2024 · 49.66
Debt
€30k▼
2024 · €37k
Debt ≤ 1 year
€30k▼
2024 · €37k
Income taxes
€1▼
2024 · €4k
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€87k€58k▼
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€5k▲
Plant, machinery and equipment23€237€82▼
Furniture and vehicles24€1k€4k▲
Other tangible fixed assets26€851€675▼
Current assets29/58€85k€53k▼
Stocks and contracts in progress3-€19k
Contracts in progress37-€19k
Amounts receivable within one year40/41€58k€23k▼
Trade receivables40€56k€22k▼
Other amounts receivable41€2k€658▼
Cash at bank and in hand54/58€25k€9k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€87k€58k▼
Equity10/15€50k€28k▼
Contributions10/11€19k€19k=
Reserves13€31k€9k▼
Distributable reserves133€31k€9k▼
Amounts payable17/49€37k€30k▼
Amounts payable within one year42/48€37k€30k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€4k€167▼
Taxes450/3€4k€167▼
Other amounts payable47/48€27k€26k▼
Accrued charges and deferred income492/3-€50
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-2k
Other operating charges640/8€833€697▼
Gross operating margin9900€20k€-21k▼
Operating profit (loss)9901€18k€-22k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€396€406▲
Recurring financial charges65€396€406▲
Profit (loss) for the period before taxes9903€18k€-22k▼
Income taxes67/77€4k€1▼
Profit (loss) for the period9904€13k€-22k▼
Profit (loss) for the period to be appropriated9905€13k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-22k▼
Transfer from equity791/2-€22k
Transfer to equity691/2€13k-
To other reserves6921€13k-
The notes to these accounts (7 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Highest result since 2018net €35k ▲3141%
Operating result €35k, net result €35k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.96
Current ratio from 0.92 to 1.96; short-term debt falls from €39k to €32k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Trooz · 1 establishment unit since 1981
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.
Rue de La Métal. 144870 Trooz1 establishment unit
Rue de La Métal. 14, 4870 Trooz
since 19812.019.402.022
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,947 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-1981
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.