Helix
ActiveSummary
Helix has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €20k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 33% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83=
Solvency59▼-14
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.9 in 2024; short-term debt: 63.8% and cash: 77.9% of total assets), and 65.6% of the assets are financed with debt.
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Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.4%
Return on assets
11.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-01-2026, 94 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
94 d early
2024
13 d early
2023
18 d early
2022
5 d early
2021
32 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 40.9%
2024 · €99k
Total assets
€169k▼ 18.3%
2024 · €207k
Net result
€20k▼ 19.4%
2024 · €24k
Working capital
€42k▼ 47.7%
2024 · €80k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76k-€47k▼ 38.5%€37k▼ 20.7%€34k▼ 8.2%€29k▼ 16.0%
Net result€60k-€36k▼ 40.9%€28k▼ 22.2%€24k▼ 12.0%€20k▼ 19.4%
Equity€61k-€96k▲ 58.8%€124k▲ 28.8%€99k▼ 20.7%€58k▼ 40.9%
Total assets€102k-€212k▲ 108%€213k▲ 0.4%€207k▼ 2.7%€169k▼ 18.3%
Debt€41k-€115k▲ 180%€89k▼ 23.2%€109k▲ 22.6%€111k▲ 2.2%
Working capital€61k-€73k▲ 20.3%€103k▲ 41.4%€80k▼ 22.8%€42k▼ 47.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 16% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€20k ▼ 49.3%
Current assets
€150k ▼ 11.2%
Equity and liabilities €169k
Equity
€58k ▼ 40.9%
Debt
€111k ▲ 2.2%
Debt's share of the balance-sheet total rises from 52.4% to 65.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €53k
Cash flow
€39k▼
2024 · €44k
Current ratio
1.39▼
2024 · 1.90
Debt to equity
1.91▲
2024 · 1.10
ROE
33.8%▲
2024 · 24.8%
ROA
11.6%▼
2024 · 11.8%
Interest coverage
20.13▼
2024 · 22.88
Debt ≤ 1 year
€108k▲
2024 · €89k
Debt > 1 year
€1k▼
2024 · €18k
Income taxes
€6k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €19k | €19k | €19k | €19k | = |
| Other operating charges640/8 | - | - | €112 | €115 | €110 | ▼ 4.3% |
| Gross operating margin9900 | €76k | €65k | €56k | €53k | €48k | ▼ 10.2% |
| Operating profit (loss)9901 | €76k | €47k | €37k | €34k | €29k | ▼ 16.0% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | - | €1 | - | - | - | - |
| Financial charges65/66B | - | €1k | €2k | €2k | €2k | ▲ 2.0% |
| Recurring financial charges65 | €284 | €1k | €2k | €2k | €2k | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €76k | €45k | €35k | €32k | €26k | ▼ 17.3% |
| Income taxes67/77 | €15k | €10k | €8k | €7k | €6k | ▼ 10.4% |
| Profit (loss) for the period9904 | €60k | €36k | €28k | €24k | €20k | ▼ 19.4% |
| Profit (loss) for the period to be appropriated9905 | €60k | €36k | €28k | €24k | €20k | ▼ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102k | €212k | €213k | €207k | €169k | ▼ 18.3% |
| Fixed assets21/28 | - | €77k | €58k | €39k | €20k | ▼ 49.3% |
| Tangible fixed assets22/27 | - | €77k | €58k | €39k | €20k | ▼ 49.3% |
| Furniture and vehicles24 | - | €77k | €58k | €39k | €20k | ▼ 49.3% |
| Current assets29/58 | €102k | €135k | €155k | €168k | €150k | ▼ 11.2% |
| Amounts receivable within one year40/41 | €15k | €33k | €65k | €68k | €18k | ▼ 73.7% |
| Trade receivables40 | - | €33k | €65k | €65k | €17k | ▼ 73.6% |
| Other amounts receivable41 | - | - | - | €2k | €546 | ▼ 76.3% |
| Cash at bank and in hand54/58 | €86k | €102k | €90k | €98k | €132k | ▲ 34.4% |
| Deferred charges and accrued income490/1 | - | - | - | €3k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102k | €212k | €213k | €207k | €169k | ▼ 18.3% |
| Equity10/15 | €61k | €96k | €124k | €99k | €58k | ▼ 40.9% |
| Contributions10/11 | - | €300 | €300 | €300 | €300 | = |
| Reserves13 | €60k | €96k | €124k | €98k | €58k | ▼ 41.0% |
| Distributable reserves133 | - | €96k | €124k | €98k | €58k | ▼ 41.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €41k | €115k | €89k | €109k | €111k | ▲ 2.2% |
| Amounts payable after more than one year17 | - | €52k | €35k | €18k | €1k | ▼ 92.3% |
| Financial debts170/4 | - | €52k | €35k | €18k | €1k | ▼ 92.3% |
| Amounts payable within one year42/48 | €41k | €62k | €52k | €89k | €108k | ▲ 21.7% |
| Current portion of amounts payable after more than one year42 | - | €16k | €17k | €17k | €17k | ▲ 1.0% |
| Trade debts44 | €833 | €3k | €510 | €3k | €1k | ▼ 69.7% |
| Suppliers440/4 | - | €3k | €510 | €3k | €1k | ▼ 69.7% |
| Taxes, remuneration and social security45 | - | €23k | €29k | €17k | €17k | ▲ 1.7% |
| Taxes450/3 | - | €23k | €29k | €17k | €17k | ▲ 1.7% |
| Other amounts payable47/48 | - | €20k | €6k | €51k | €73k | ▲ 41.2% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €2k | ▲ 10.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €36k | €28k | €24k | €20k | ▼ 19.4% |
| + Depreciation and write-downs630 | - | €19k | €19k | €19k | €19k | = |
| Operating cash flow (approximation) | €60k | €54k | €47k | €44k | €39k | ▼ 10.9% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €16k | €-13k | €8k | €34k | ▲ 296% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €20k ▼19.4%
Net result drops to €20k, the lowest in the series.
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €124k ▲28.8%
3 profitable years in a row build equity to €124k.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Harelbeke · 1 establishment unit since 2020
Ground area
903 m²
Building footprint
177 m²
Volume, LiDAR
921 m³
Parcel 34322B0398/00T002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Helix
since 20202.303.737.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0398/00T002 | Flanders | 903 m² | 1 · 177 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 585 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 585 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 38,850 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
Founded12-06-2020
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.