HELIOS Foundation
For the legal form of HELIOS Foundation, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €277.75M and a net result of €-8.99M. Its solvency ranks better than 95% of 40 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €277.75M |
| Net result | €-8.99M |
| Staff (FTE) | 1.8 |
| Better than sector | 95% |
Mixed profile: strong on solvency, weaker on profitability.
For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.4% | 72.4% | |
| Net result | €-8.99M | €12k | |
| Equity | €277.75M | €139k | |
| Gross operating margin | €-7.24M | €135k | |
| Total assets | €279.35M | €213k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-8.56M |
| Net profit | €-8.99M |
| Cash flow | €-8.97M |
| Staff costs | €95k |
| Income taxes | €25k |
| Dividends | - |
| Total assets | €279.35M |
| Equity | €277.75M |
| Debt | €1.50M |
| of which ≤ 1y | €235k |
| of which > 1y | - |
| Working capital | €279.00M |
| Employees (FTE) | 1.8 |
| 2025 | |
|---|---|
| Current ratio | 1187.51 |
| Quick ratio | 1187.51 |
| Working capital ratio | 99.9% |
| Solvency | 99.4% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | -13.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.2% |
| ROE | -3.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €279.35M |
| Fixed assets | 21/28 | €112k |
| Tangible fixed assets | 22/27 | €112k |
| Current assets | 29/58 | €279.23M |
| Amounts receivable within one year | 40/41 | €7k |
| Investments | 50/53 | €277.59M |
| Cash & bank | 54/58 | €590k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €279.35M |
| Equity | 10/15 | €277.75M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €277.69M |
| Provisions & deferred taxes | 16 | €97k |
| Amounts payable | 17/49 | €1.50M |
| Amounts payable within one year | 42/48 | €235k |
| Trade debts payable within one year | 44 | €230k |
| Income statement | ||
| Gross operating margin | 9900 | €-7.24M |
| Operating result | 9901 | €-8.58M |
| Financial income | 75 | €102k |
| Financial charges | 65 | €636k |
| Result before taxes | 9903 | €-8.97M |
| Income taxes | 67/77 | €25k |
| Net result for the period | 9904 | €-8.99M |
| Result to be appropriated | 9905 | €-8.99M |
-
ProgressWays SRLLegal entityManaging director· perm. rep.: Luc LallemandState Gazette act 24073296 (13-05-2024)Current18-04-2024 → present
| NACE primary | 94999 |
| Legal form | Public-utility foundation(029) |
| Incorporation | 02-04-2024 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0281/18A000 | Brussels | 5,392 m² | 1 · 2,255 m² | 30.0 m · 8 fl. |
| 21805E0528/00Y000 | Brussels | 1,190 m² | 1 · 501 m² | 25.9 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-05-2026 Notarial deed · Board meeting · Legal form conversion · Accounting effect
- Filing: 2026-05-07 · HELIOS Foundation
- Publication: 2026-05-11 · HELIOS Foundation
- Notarial deed: 2026-03-26 · HELIOS Foundation
- Board meeting: 2026-03-26 · HELIOS Foundation
- Legal form conversion: to: Stichting van openbaar nut, from: Private stichting · HELIOS Foundation
- Accounting effect: 2025-12-31 · HELIOS Foundation
- Approval: Koning · HELIOS Foundation
- Purpose change: Het belangeloos doel van de stichting van openbaar nut is het maatschappelijk, milieu- en economisch welzijn van België bevorderen, in het bijzonder door de ontwikkeling, ondersteuning en stimulatie van initiatieven gericht op duurzaamheid, ethiek, mentaal welzijn en gelijkheid, zowel in België als in het buitenland. · HELIOS Foundation
- Seat change: Brusselse Gewest · HELIOS Foundation
- Founder · HELIOS Foundation
- Founder · HELIOS Foundation
- Founder · HELIOS Foundation
- Founder · HELIOS Foundation
- Founder · HELIOS Foundation
- Officer discharge: Bestuurder · DAB Management
- Officer discharge: Bestuurder · ProgressWays
- Officer discharge: Bestuurder · HALLOIN Véronique Lucienne Léonie Ghislaine
- Officer discharge: Bestuurder · ALMADES
- Officer discharge: Bestuurder · Bernard De Cannière
- Officer appointment: role: Bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · DAB Management
- Officer appointment: role: Bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · ProgressWays
- Officer appointment: role: Bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · HALLOIN Véronique Lucienne Léonie Ghislaine
- Officer appointment: role: Bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · ALMADES
- Officer appointment: role: Bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · Bernard De Cannière
- Mandate compensation: niet vergoed · DAB Management
- Mandate compensation: niet vergoed · ProgressWays
- Mandate compensation: niet vergoed · HALLOIN Véronique Lucienne Léonie Ghislaine
- Mandate compensation: niet vergoed · ALMADES
- Mandate compensation: niet vergoed · Bernard De Cannière
- Officer appointment: role: Gedelegeerd bestuurder, term: 6 jaar, start: datum van het verkrijgen van de goedkeuring van de Koning · ProgressWays
- Mandate compensation: niet vergoed · ProgressWays
- Act object: ONTSLAGEN, BENOEMINGEN, WIJZIGING RECHTSVORM
Technical details
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}14-10-2024 Registered office moved within Brussel
- Egmontstraat 11, 1000 Brussel → Pleinlaan 5, 1050 Brussel
Technical details
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}26-07-2024 Transaction in capital or shares
Technical details
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}13-05-2024 Luc Lallemand appointed as managing director
- Luc Lallemand, Gedelegeerd bestuurder
Technical details
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}04-04-2024 Incorporation of a new Private stichting
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | HELIOS Foundation |