Equity
€43,766 ▲ 17.7%
Hellinckx Projects has made a profit in every financial year since 2021.
Hellinckx Projects
Overview
Lifetime
5 annual accounts with figures on one time axispeak €24,340 (2021)
€14,818▼ 29.0%
peak €16,683 (2021)
€6,594▼ 27.2%
peak €43,766 (2025)
€43,766▲ 17.7%
€9,095▲ 6.2%
Board1 name since 2021
1 directorHELLINCKX Pascal, Louise, Louis
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €20,882 to €14,818Result from €9,060 to €6,594Equity from €37,172 to €43,766
Key points
from the 2025 annual accountsTurnover
≈ €69,000 estimated
The micro format states no turnover.
Investments
€10,215 3.6 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 15 to 41 days before the end of the period.
Starting capital
€2,500 100 shares
Position in the sector
82.8%
Higher solvency than 80% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.
Checked score
97
Excellent
Financially stronger than 73% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 4.75, cash €35,124
Equity €43,766 (82.8% of total assets)
Size: total assets €52,861
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 90% on liquidity, 53% on profitability and 65% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Hellinckx Projects has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Hellinckx Projects itself is lower: < 0.1% within 12 months. It rests on far more data about Hellinckx Projects than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Hellinckx Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.75 (3.88 in 2024), above the usual 1.5. Short-term debt is 17.2% and cash 66.4% of total assets. 17.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
32 days early
2024
22 days early
2023
41 days early
2022
15 days early
2021
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 28 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0761377942
Incorporation
Founding capital of €2,500, 100 shares · Founder: HELLINCKX Pascal, Louise, Louis · Appointment: HELLINCKX Pascal, Louise, Louis (director) · published on 12-01-2021 · Gazette deed
First establishment
Steenvoordestraat 10, Ternat
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Hellinckx Projects: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €45,700 and €61,300, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 08-01-2021Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.311.796.6441740 Ternat, since 08-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Annual accounts 2025
- €14,818▼ 29.0%
- €6,594▼ 27.2%
- €43,766▲ 17.7%
- €52,861▲ 15.6%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on Hellinckx Projects
Hellinckx Projects files the micro format. That format states no turnover. The gross margin fell from €24,340 in 2021 to €14,818 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€14,818
▼ 29.0%
€11,179
▼ 19.0%
€6,594
▼ 27.2%
€34,065
▲ 37.9%
82.8%
▲ 1.5 percentage points
4.75
▲ 0.86
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €69,000. Estimated: probably between €32,000 and €140,000.
Balance sheet
balance sheet total €52,861 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
82.8%
Higher than 81% of 39,368 companies in 2025.
4.75
Higher than 77% of 38,051 companies in 2025.
12.5%
Higher than 46% of 38,523 companies in 2025.
Hellinckx Projects
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
52,861 | 45,735 | 38,810 | 28,372 | 27,213 | |
21/28 |
9,701 | 12,477 | 16,674 | 600 | - | |
22/27 |
9,101 | 11,877 | 16,074 | - | - | |
24 |
9,101 | 11,877 | 16,074 | - | - | |
28 |
600 | 600 | 600 | 600 | - | |
29/58 |
43,160 | 33,257 | 22,136 | 27,772 | 27,213 | |
40/41 |
6,121 | 2,980 | 16,642 | 6,366 | - | |
40 |
- | 0 | 13,601 | - | - | |
41 |
6,121 | 2,980 | 3,040 | 6,366 | - | |
54/58 |
35,124 | 28,119 | 2,961 | 11,409 | 27,213 | |
490/1 |
1,915 | 2,159 | 2,533 | 9,997 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
52,861 | 45,735 | 38,810 | 28,372 | 27,213 | |
10/15 |
43,766 | 37,172 | 29,712 | 20,552 | 19,183 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
41,266 | 34,672 | 27,212 | 18,052 | 16,683 | |
133 |
41,266 | 34,672 | 27,212 | 18,052 | 16,683 | |
14 |
- | 0 | 0 | - | - | |
17/49 |
9,095 | 8,563 | 9,098 | 7,820 | 8,030 | |
42/48 |
9,095 | 8,563 | 9,098 | 7,820 | 6,190 | |
44 |
1,035 | 308 | 157 | 0 | 374 | |
440/4 |
1,035 | 308 | 157 | 0 | 374 | |
45 |
6,612 | 6,736 | 8,382 | 7,820 | 5,816 | |
450/3 |
6,612 | 6,736 | 8,382 | 7,820 | 5,816 | |
47/48 |
1,448 | 1,518 | 560 | - | - | |
492/3 |
- | - | - | 0 | 1,840 | |
| Income statement | ||||||
76A |
1,574 | - | - | 0 | 2,015 | |
9900 |
14,818 | 20,882 | 16,705 | 3,068 | 24,340 | |
630 |
2,865 | 6,023 | 1,771 | - | - | |
640/8 |
774 | 1,055 | 341 | 439 | 802 | |
9901 |
11,179 | 13,804 | 14,593 | 2,629 | 23,537 | |
75/76B |
0 | 0 | - | - | - | |
75 |
0 | 0 | - | - | - | |
65/66B |
227 | 224 | 174 | 125 | 95 | |
65 |
227 | 224 | 174 | 125 | 95 | |
9903 |
10,952 | 13,581 | 14,419 | 2,503 | 23,443 | |
67/77 |
4,358 | 4,520 | 4,460 | 1,134 | 6,760 | |
9904 |
6,594 | 9,060 | 9,959 | 1,369 | 16,683 | |
9905 |
6,594 | 9,060 | 9,959 | 1,369 | 16,683 | |
| Appropriation of the result | ||||||
9906 |
6,594 | 9,060 | 9,959 | 1,369 | 16,683 | |
691/2 |
6,594 | 7,460 | 9,159 | 1,369 | 16,683 | |
6921 |
6,594 | 7,460 | 9,159 | 1,369 | 16,683 | |
694/7 |
- | 1,600 | 800 | - | - | |
694 |
- | 1,600 | 800 | - | - | |
| Document | ||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00227934 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00261827 | |
| 31-12-2023 | micro format | 20-06-2024 | 2024-00161479 | |
| 31-12-2022 | micro format | 16-07-2023 | 2023-00242115 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20104366 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 14,044 | 19,827 | 16,364 | - | - | ||
| 9,459 | 15,083 | 11,730 | - | - | ||
| 10,215 | 1,826 | 17,845 | 600 | - | ||
| 7,006 | 25,158 | -8,448 | -15,803 | - | ||
| 34,065 | 24,694 | 13,037 | 19,952 | 21,023 | ||
| 82.8% | 81.3% | 76.6% | 72.4% | 70.5% | ||
| 4.75 | 3.88 | 2.43 | 3.55 | 4.40 | ||
| 0.21 | 0.23 | 0.31 | 0.38 | 0.42 | ||
| 15.1% | 24.4% | 33.5% | 6.7% | 87.0% | ||
| 12.5% | 19.8% | 25.7% | 4.8% | 61.3% | ||
| 61.84 | 88.71 | 94.05 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,215 | €1,826 | €17,845 | - | - |
| Financial fixed assets | - | - | - | €600 | - |
| €2,865 | €6,023 | €1,771 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Hellinckx Projects
The operating result for 2025 is 19% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 18.7% to 17.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 08-01-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 12. Externe vertegenwoordiging door de bestuurders Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”deed of 12-01-2021
Mandates through the years
1 name, the dashed line is todayHELLINCKX Pascal, Louise, Louis
Director
Director
Board
Mandates as a list
- HELLINCKX Pascal, Louise, Louis
- Director, from 08-01-2021 to date
Control
Founder
This company
Hellinckx Projects
Equity €43,766
Profit €6,594 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €438 in 2025
- Source
- deed of 12-01-2021
Articles of association
deed of 12-01-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 12-01-2021 ↗
- HELLINCKX Pascal, Louise, Louis sole founder · 100% at incorporation
Network & group
No group
Hellinckx Projects has no parent and no holdings in its annual accounts. HELLINCKX Pascal, Louise, Louis is the only director. Hellinckx Projects shares no director with another company.
Timeline
Timeline
9 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0761377942
2025
Annual accounts 2024 filed PDFmicro format · 22 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 41 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 15 days before the deadline
2022
Weakest financial year net €1,369 ▼91.8% The net result drops to €1,369, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
IncorporationFounding capital of €2,500, 100 shares · Founder: HELLINCKX Pascal, Louise, Louis · Appointment: HELLINCKX Pascal, Louise, Louis (director) · published on 12-01-20214 points ▸
- Founder, HELLINCKX Pascal, Louise, Louis
- Founding capital, €2,500, 100 shares
- Registered office clause, Steenvoordestraat 10, 1740 Ternat
- Director appointment, HELLINCKX Pascal, Louise, Louis
- The deed holds 6 more points.
First establishment Steenvoordestraat 10, Ternat
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 8 January 2021, Hellinckx Projects was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 HELLINCKX Pascal, Louise, Louis has served as director since 2021.3 Total assets went from €27,213 in 2021 to €52,861 in 2025.4
Company details
Identity
- Enterprise number
- 0761.377.942
- VAT number
- BE 0761.377.942
- Peppol ID
- 0208:0761377942
- Other Peppol ID
- 9925:BE0761377942
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-01-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 12-01-2021 (in Dutch)
- Peppol
- Reachable since 19-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Hellinckx Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-01-2021 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Hellinckx Projectsdeed of 12-01-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 12-01-2021 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
59120
Post-production of films, video and television programmes
59130
Motion picture, video and television programme production, sound recording and music publishing activities
62020
IT consultancy
62090
Computer programming, consultancy and related activities
64200
Holdings
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steenvoordestraat 10 registered office 1740 Ternat | 08-01-2021 | 2.311.796.644 |
Buildings and parcels at the address
- Ground area
- 853 m²
- Buildings
- 166 m²
- Volume, LiDAR
- 1,070 m³
- Tallest building
- 9.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23086A0635/00F000 | 852 m² | 1 · 166 m² | 9.4 m · 2 |