HELIXGUARD
ActiveHELIXGUARD has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-89k) and a net result of €-28k. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▲+13
Solvency20▼-28
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.61 in 2024; short-term debt: 71.7% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-4.7%
Return on assets
-1.5%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-89k
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 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
35 d late
2023
1 d early
2022
134 d late
2021
9 d early
2020
345 d late
2019
99 d early
← 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
€-89k
2024 · €438k
2019: €518k
2020: €473k
2021: €409k
2022: €507k
2023: €548k
2024: €438k
2019 → 2025
Total assets
€1.89M▲ 1.1%
2024 · €1.88M
2019: €718k
2020: €658k
2021: €945k
2022: €1.03M
2023: €1.04M
2024: €1.88M
2019 → 2025
Net result
€-28k▲ 74.2%
2024 · €-110k
2019: €508k
2020: €-45k
2021: €-64k
2022: €98k
2023: €41k
2024: €-110k
2019 → 2025
Working capital
€-876k▼ 210%
2024 · €-282k
2019: €508k
2020: €448k
2021: €352k
2022: €420k
2023: €443k
2024: €-282k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€409k-€507k▲ 23.9%€548k▲ 8.0%€438k▼ 20.1%€-89k
Operating result€-61k-€60k€9k▼ 85.6%€-22k€20k
Net result€-64k-€98k€41k▼ 58.4%€-110k€-28k▲ 74.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20k after a loss of €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets
€1.41M▼ 1.2%
Current assets
€483k▲ 8.3%
Key figures and ratios
EBITDA
€38k▲
2024 · €-5k
Cash flow
€-10k▲
2024 · €-93k
Solvency
-4.7%▼
2024 · 23.4%
Current ratio
0.36▼
2024 · 0.61
Quick ratio
0.36▼
2024 · 0.61
Debt / equity
-22.40▼
2024 · 3.28
ROA
-1.5%▲
2024 · -5.9%
Interest coverage
0.80▲
2024 · -0.05
Debt
€1.98M▲
2024 · €1.44M
Debt ≤ 1 year
€1.36M▲
2024 · €728k
Debt > 1 year
€625k▼
2024 · €710k
Income taxes
€749▼
2024 · €1k
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€1.88M€1.89M▲
Fixed assets21/28€1.43M€1.41M▼
Tangible fixed assets22/27€505k€487k▼
Land and buildings22€490k€476k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€10k€9k▼
Financial fixed assets28€925k€925k=
Current assets29/58€445k€483k▲
Amounts receivable after more than one year29€335k€335k=
Trade receivables290€335k€335k=
Amounts receivable within one year40/41€107k€147k▲
Trade receivables40€14k€18k▲
Other amounts receivable41€92k€129k▲
Cash at bank and in hand54/58€2k€350▼
Deferred charges and accrued income490/1€1k€500▼
Equity and liabilities
Total equity and liabilities10/49€1.88M€1.89M▲
Equity10/15€438k€-89k▼
Contributions10/11€19k€19k=
Reserves13€530k€32k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€528k€30k▼
Profit (loss) carried forward14€-110k€-139k▼
Amounts payable17/49€1.44M€1.98M▲
Amounts payable after more than one year17€710k€625k▼
Financial debts170/4€710k€625k▼
Amounts payable within one year42/48€728k€1.36M▲
Current portion of amounts payable after more than one year42€82k€84k▲
Financial debts43€175k€175k=
Credit institutions430/8€175k€175k=
Trade debts44€217€661▲
Suppliers440/4€217€661▲
Taxes, remuneration and social security45€3k€29k▲
Taxes450/3€3k€29k▲
Other amounts payable47/48€468k€1.07M▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€10k€8k▼
Gross operating margin9900€5k€46k▲
Operating profit (loss)9901€-22k€20k▲
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€87k€48k▼
Recurring financial charges65€87k€48k▼
Profit (loss) for the period before taxes9903€-109k€-28k▲
Income taxes67/77€1k€749▼
Profit (loss) for the period9904€-110k€-28k▲
Profit (loss) for the period to be appropriated9905€-110k€-28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-110k€-139k▼
Profit (loss) brought forward from the previous period14P-€-110k
Transfer from equity791/2-€498k
Profit to be distributed694/7-€498k
Return on contributions (dividend)694-€498k
The notes to these accounts (7 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
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
31-03
Financial
Weakest financial yearnet €-110k ▼370%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
31-03
Financial
Back to profitnet €98k
Net result €98k after 2 loss-making years.
31-03
Financial
Equity above €500kEq €507k ▲23.9%
Equity rises from €409k to €507k.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 345 days late
2020
31-03
Financial
Liquidity times 7current ratio 26.36
Current ratio from 3.60 to 26.36; short-term debt falls from €196k to €18k.
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Pajottegem · 1 establishment unit since 2012
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.
Gessereyendries(HN) 111540 PajottegemGround area
4,770 m²
Building footprint
1,042 m²
Volume, LiDAR
1,026 m³
2 parcels, Flanders, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELIXGUARD
since 20122.213.572.860
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51042B0601/00N000 | Wallonia | 2,812 m² | 1 · 818 m² | - |
| 23032I0653/00L000 | Flanders | 1,958 m² | 1 · 224 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 · 1 entry · 198 EUR awarded · 198 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 198 EUR | 198 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 432 companies in sector 46869 we hold annual accounts for 244. 174 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-10-2012
Fiscal year end31-03
Activities, NACEBEL
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.