HELIX
ActiveSummary
The annual accounts of HELIX for fiscal year 2025 show a net loss of 79% of total assets. The 2025 annual accounts show equity of €11k and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 12738 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency85▼-15
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 5.7 against 29.52 in 2024; short-term debt: 13% and cash: 55.4% of total assets), and 39.9% of the assets are financed with debt.
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Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
60.1%
Return on assets
-79.3%
Age of the figures
9 mo
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 · 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 €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
15 d early
2023
30 d late
2022
11 d early
2021
31 d early
2020
27 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 74.2%
2024 · €42k
Total assets
€18k▼ 58.3%
2024 · €43k
Net result
€-14k▲ 49.6%
2024 · €-28k
Working capital
€11k▼ 68.6%
2024 · €35k
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€-8k▲ 31.3%€-34k▼ 346%€104k€-29k€-14k▲ 51.5%
Net result€-8k▲ 30.0%€-34k▼ 342%€91k€-28k€-14k▲ 49.6%
Equity€22k▼ 26.4%€-13k€70k€42k▼ 40.3%€11k▼ 74.2%
Total assets€35k▼ 15.4%€10k▼ 71.1%€88k▲ 760%€43k▼ 51.0%€18k▼ 58.3%
Debt€14k▲ 11.1%€23k▲ 67.7%€18k▼ 22.2%€1k▼ 93.1%€7k▲ 486%
Working capital€20k▼ 11.4%€-19k€61k€35k▼ 42.6%€11k▼ 68.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €29k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€5k ▼ 32.7%
Current assets
€13k ▼ 63.2%
Equity and liabilities €18k
Equity
€11k ▼ 74.2%
Debt
€7k ▲ 486%
Debt's share of the balance-sheet total rises from 2.8% to 39.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▲
2024 · €-26k
Cash flow
€-12k▲
2024 · €-26k
Current ratio
5.70▼
2024 · 29.52
Debt to equity
0.66▲
2024 · 0.03
ROE
-131.9%▼
2024 · -67.6%
ROA
-79.3%▼
2024 · -65.7%
Interest coverage
-126.41▲
2024 · -246.83
Debt ≤ 1 year
€2k▲
2024 · €1k
Income taxes
€179▲
2024 · €88
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €43 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €1k | €2k | €2k | €2k | ▼ 4.5% |
| Other operating charges640/8 | €915 | €1k | €841 | €968 | €1k | ▲ 10.5% |
| Gross operating margin9900 | €-83 | €-31k | €107k | €-25k | €-11k | ▲ 58.2% |
| Operating profit (loss)9901 | €-8k | €-34k | €104k | €-29k | €-14k | ▲ 51.5% |
| Financial income75/76B | €148 | - | €147 | €711 | - | - |
| Recurring financial income75 | €148 | - | €147 | €711 | - | - |
| Financial charges65/66B | €235 | €569 | €104 | €107 | €93 | ▼ 13.4% |
| Recurring financial charges65 | €235 | €569 | €104 | €107 | €93 | ▼ 13.4% |
| Profit (loss) for the period before taxes9903 | €-8k | €-34k | €104k | €-28k | €-14k | ▲ 50.1% |
| Income taxes67/77 | €143 | €152 | €13k | €88 | €179 | ▲ 104% |
| Profit (loss) for the period9904 | €-8k | €-34k | €91k | €-28k | €-14k | ▲ 49.6% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-34k | €91k | €-28k | €-14k | ▲ 49.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35k | €10k | €88k | €43k | €18k | ▼ 58.3% |
| Fixed assets21/28 | €3k | €8k | €9k | €7k | €5k | ▼ 32.7% |
| Tangible fixed assets22/27 | €3k | €8k | €9k | €7k | €5k | ▼ 32.7% |
| Land and buildings22 | €2k | €4k | €4k | €3k | €2k | ▼ 18.9% |
| Furniture and vehicles24 | €624 | €4k | €6k | €4k | €2k | ▼ 43.5% |
| Current assets29/58 | €33k | €2k | €79k | €36k | €13k | ▼ 63.2% |
| Amounts receivable within one year40/41 | €12k | - | €30k | €16k | €3k | ▼ 83.7% |
| Trade receivables40 | €11k | - | €15k | €4k | €2k | ▼ 32.4% |
| Other amounts receivable41 | €2k | - | €15k | €12k | €128 | ▼ 99.0% |
| Cash at bank and in hand54/58 | €20k | €1k | €48k | €20k | €10k | ▼ 49.0% |
| Deferred charges and accrued income490/1 | €904 | €727 | €755 | €784 | €787 | ▲ 0.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35k | €10k | €88k | €43k | €18k | ▼ 58.3% |
| Equity10/15 | €22k | €-13k | €70k | €42k | €11k | ▼ 74.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €19k | €19k | €64k | €37k | €20k | ▼ 45.7% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €17k | €19k | €64k | €37k | €20k | ▼ 45.7% |
| Profit (loss) carried forward14 | €-3k | €-38k | - | €-1k | €-15k | ▼ 1,262% |
| Amounts payable17/49 | €14k | €23k | €18k | €1k | €7k | ▲ 486% |
| Amounts payable within one year42/48 | €13k | €21k | €18k | €1k | €2k | ▲ 90.8% |
| Trade debts44 | €305 | €2k | €3k | €735 | €2k | ▲ 154% |
| Suppliers440/4 | €305 | €2k | €3k | €735 | €2k | ▲ 154% |
| Taxes, remuneration and social security45 | €10k | €1k | €7k | €490 | €474 | ▼ 3.3% |
| Taxes450/3 | €10k | €1k | €7k | €490 | €474 | ▼ 3.3% |
| Other amounts payable47/48 | €2k | €18k | €8k | - | - | - |
| Accrued charges and deferred income492/3 | €660 | €2k | - | - | €5k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-34k | €91k | €-28k | €-14k | ▲ 49.6% |
| + Depreciation and write-downs630 | €7k | €1k | €2k | €2k | €2k | ▼ 4.5% |
| Operating cash flow (approximation) | €-1k | €-33k | €93k | €-26k | €-12k | ▲ 53.7% |
| Investment in fixed assets (approximation) | - | €-7k | €-3k | €0 | €0 | - |
| Change in cash | - | €-18k | €47k | €-29k | €-10k | ▲ 66.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 7current ratio 29.52
Current ratio from 4.41 to 29.52; short-term debt falls from €18k to €1k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €91k
Net result €91k after 3 loss-making years.
31-12
Financial
Liquidity times 52current ratio 4.41
Current ratio from 0.08 to 4.41; short-term debt falls from €21k to €18k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.56
Current ratio from 1.19 to 2.56; short-term debt falls from €58k to €18k.
Show earlier events
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-07
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.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Antwerpen · 1 establishment unit since 2006
Ground area
585 m²
Building footprint
39 m²
Volume, LiDAR
162 m³
Parcel 11051C0206/00N010, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Helix
since 20062.158.531.397
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0206/00N010 | Flanders | 585 m² | 1 · 39 m² | 6.5 m · 1 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
2024 · 1 entry · 975 EUR awarded · 975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 975 EUR | 975 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,264 companies in sector 69209 we hold annual accounts for 1,098. 470 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
Founded29-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
73110Advertising agencies
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.