Financials
- Financial year
- 2025
- Turnover
- €24.1m
- Loss
- -€838,637
- Solvency
- 37.3%
Turnover▼ 1.6%
Net result
20182025
HELIOS TRADING
ActiveSummary
HELIOS TRADING has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of -€838,637. Equity is growing by about 3.8% per year across the filed financial years. Its solvency ranks better than 42% of 2,403 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Joinery installation
NACE 43320Manufacture of fabricated metal products, except machinery and equipment NACE 25120
2nd largest employer in Aalter, Construction sector1 site
Size
€24.1mturnover 2025
- Staff
- 118.1 FTE
- Equity
- €4.7m
- Loss
- -€838,637
Structure
- Parent
- WINSOL GROUP · 99.99%
- SUFINAChair
- WINSOL INTERNATIONALManaging director · permanent representative Rudolf Polfliet
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 30 days early
Why 68raises riskLiquidity: current ratio 1.21, cash €13,983, halvedLoss of €838,637, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskFounded in 1978Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 43, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
62-4
equity 37.3% of total assets
Liquidity
22-6
short-term debt 54.5% · cash 0.1%
Profitability
21-5
return on assets -6.7%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%● unchanged vs 11-2024
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▼ -0.1 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged 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 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.7%● unchanged vs 08-2026highest value
10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €310,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, compared with 1.33 in 2024, below the usual 1.5; short-term debt: 54.5% and cash: 0.1% of total assets), and 62.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, medium-sized): better than 58% on solvency, 25% on liquidity, 14% on profitability and 26% on growth.
The bankruptcy probability was computed on 14-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€838,637
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
28 days early
2023
22 days early
2022
26 days early
2021
25 days early
2020
18 days early
2019
73 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€838,637
- Permanent representative: Kevin DefauwReappointment: BDO Bedrijfsrevisoren BV (statutory…
Key points
- Risk: 4 loss-making years in a rowloss financial year 2025 -€838,637 View
- Caution: Among the weakest 5% on net resultsector median €42,134 · 2,404 companies -€838,637 View
- Controlled by WINSOL GROUPultimately: MILAUHRET 99.99% View
- Caution: Result fell in 2025from -€639,268 to -€838,637 ▼ 31.2% View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
- Active since 1978founded 22-12-1978 47 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- WINSOL GROUP · 99.99%
- Auditor
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
- SUFINAChair
- WINSOL INTERNATIONALManaging director
Network & group
- Group
- MILAUHRET
- Connected companies
- 7
Timeline
- Events
- 76
- Since
- 1980
- Next accounts
- by 31-07-2027
- 03-07-2025Annual accounts filed
- 07-01-2025Resignations: SOCADAN (director) and STRATEQO (director)
- 09-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 22-12-1978
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- “I. Specifieke activiteiten: A/ het vervaardigen, kopen en verkopen van alle goederen in…” (deed in Dutch)
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.