HELIRO
ActiveHELIRO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €-77k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 30% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-68
Solvency54▼-20
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.54 in 2024; short-term debt: 66.9% and cash: 0.3% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
29.2%
Return on assets
-14.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-09-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
31 d early
2023
7 d early
2022
8 d late
2021
61 d late
2020
59 d late
2019
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€156k▼ 46.2%
2024 · €289k
2019: €235k
2020: €294k
2021: €393k
2022: €299k
2023: €288k
2024: €289k
2019 → 2025
Total assets
€533k▼ 10.1%
2024 · €593k
2019: €413k
2020: €711k
2021: €649k
2022: €984k
2023: €685k
2024: €593k
2019 → 2025
Net result
€-77k
2024 · €482
2019: €56k
2020: €59k
2021: €99k
2022: €-93k
2023: €-11k
2024: €482
2019 → 2025
Working capital
€-214k▼ 75.2%
2024 · €-122k
2019: €88k
2020: €176k
2021: €305k
2022: €228k
2023: €-164k
2024: €-122k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€393k-€299k▼ 23.8%€288k▼ 3.7%€289k▲ 0.2%€156k▼ 46.2%
Operating result€135k-€-108k€-6k▲ 94.1%€3k€-83k
Net result€99k-€-93k€-11k▲ 88.3%€482€-77k
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 €83k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533k
Fixed assets
€391k▼ 12.6%
Current assets
€142k▼ 2.7%
Equity and liabilities €533k
Equity
€156k▼ 46.2%
Debt
€377k▲ 24.1%
The debt ratio rises from 51.3% to 70.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-27k▼
2024 · €59k
Cash flow
€-21k▼
2024 · €56k
Solvency
29.2%▼
2024 · 48.7%
Current ratio
0.40▼
2024 · 0.54
Quick ratio
0.40▼
2024 · 0.54
Debt / equity
2.42▲
2024 · 1.05
ROE
-49.4%▼
2024 · 0.2%
ROA
-14.4%▼
2024 · 0.1%
Interest coverage
-4.86▼
2024 · 26.42
Debt
€377k▲
2024 · €304k
Debt ≤ 1 year
€356k▲
2024 · €268k
Debt > 1 year
€21k▼
2024 · €35k
Income taxes
€393▼
2024 · €515
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€593k€533k▼
Fixed assets21/28€447k€391k▼
Tangible fixed assets22/27€447k€391k▼
Land and buildings22€383k€343k▼
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€50k€36k▼
Other tangible fixed assets26€0-
Current assets29/58€146k€142k▼
Amounts receivable within one year40/41€139k€136k▼
Trade receivables40€333€4k▲
Other amounts receivable41€138k€132k▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€593k€533k▼
Equity10/15€289k€156k▼
Contributions10/11€12k€12k=
Reserves13€373k€158k▼
Distributable reserves133€373k€158k▼
Profit (loss) carried forward14€-96k€-15k▲
Amounts payable17/49€304k€377k▲
Amounts payable after more than one year17€35k€21k▼
Financial debts170/4€35k€21k▼
Amounts payable within one year42/48€268k€356k▲
Current portion of amounts payable after more than one year42€12k€15k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€419€3k▲
Suppliers440/4€419€3k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€248k€333k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€56k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€68k€-23k▼
Operating profit (loss)9901€3k€-83k▼
Financial income75/76B€2€12k▲
Recurring financial income75€2€12k▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€997€-76k▼
Income taxes67/77€515€393▼
Profit (loss) for the period9904€482€-77k▼
Profit (loss) for the period to be appropriated9905€482€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-173k▼
Profit (loss) brought forward from the previous period14P€-97k€-96k▲
Transfer from equity791/2-€215k
Profit to be distributed694/7-€56k
Return on contributions (dividend)694-€56k
The notes to these accounts (8 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
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €482
Net result €482 after 2 loss-making years.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
31-03
Financial
Weakest financial yearnet €-93k ▼194%
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
31-03
Financial
Highest result since 2019net €99k ▲67.7%
Operating result €135k, net result €99k, both a record.
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tielt-Winge · 1 establishment unit since 2008
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.
Motbroekstraat 643390 Tielt-WingeGround area
1,352 m²
Building footprint
177 m²
Volume, LiDAR
1,127 m³
Parcel 24101A0380/00V000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heliro
since 20082.172.843.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101A0380/00V000 | Flanders | 1,352 m² | 1 · 176 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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FORTY-LOVE
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,492. 2,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2008
Fiscal year end31-03
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.