HELLINGS DORIEN
ActiveHELLINGS DORIEN has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €3k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 19906 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 10.99 against 8.77 in 2023; short-term debt: 7% and cash: 68.1% of total assets), and 13.3% of the assets are financed with debt.
Credit advice for your own amount and term
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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
36 d early
2022
14 d early
2021
19 d late
2020
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 5.4%
2023 · €59k
2020: €22k
2021: €41k
2022: €51k
2023: €59k
2020 → 2024
Total assets
€71k▼ 4.5%
2023 · €75k
2020: €40k
2021: €55k
2022: €76k
2023: €75k
2020 → 2024
Net result
€3k▼ 58.3%
2023 · €8k
2020: €20k
2021: €19k
2022: €10k
2023: €8k
2020 → 2024
Working capital
€50k▲ 8.5%
2023 · €46k
2020: €16k
2021: €36k
2022: €35k
2023: €46k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€41k▲ 86.1%€51k▲ 25.2%€59k▲ 14.9%€62k▲ 5.4%
Operating result€22k-€26k▲ 22.1%€13k▼ 50.7%€11k▼ 14.5%€6k▼ 46.4%
Net result€20k-€19k▼ 5.2%€10k▼ 45.6%€8k▼ 26.0%€3k▼ 58.3%
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 three years in a row; 2024 is 46% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€17k▼ 27.5%
Current assets
€55k▲ 5.8%
Equity and liabilities €71k
Equity
€62k▲ 5.4%
Debt
€9k▼ 40.7%
The debt ratio falls from 21.4% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2023 · €18k
Cash flow
€10k▼
2023 · €14k
Solvency
86.7%▲
2023 · 78.6%
Current ratio
10.99▲
2023 · 8.77
Quick ratio
10.99▲
2023 · 8.77
Debt / equity
0.15▼
2023 · 0.27
ROE
5.1%▼
2023 · 13.0%
ROA
4.4%▼
2023 · 10.2%
Interest coverage
17.36▼
2023 · 18.79
Debt
€9k▼
2023 · €16k
Debt ≤ 1 year
€5k▼
2023 · €6k
Debt > 1 year
€4k▼
2023 · €9k
Income taxes
€2k▼
2023 · €3k
Staff costs
€865▲
2023 · €485
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€75k€71k▼
Fixed assets21/28€23k€17k▼
Tangible fixed assets22/27€23k€17k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€18k€13k▼
Current assets29/58€52k€55k▲
Amounts receivable within one year40/41€1k€3k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€42k€49k▲
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€75k€71k▼
Equity10/15€59k€62k▲
Contributions10/11€2k€2k=
Reserves13€57k€60k▲
Distributable reserves133€57k€60k▲
Amounts payable17/49€16k€9k▼
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€6k€5k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€1k€179▼
Suppliers440/4€1k€179▼
Taxes, remuneration and social security45€0€318▲
Taxes450/3€0€318▲
Other amounts payable47/48€238€0▼
Accrued charges and deferred income492/3€1k€151▼
Income statement
Code20232024
Remuneration, social security and pensions62€485€865▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€1k€691▼
Gross operating margin9900€19k€14k▼
Operating profit (loss)9901€11k€6k▼
Financial income75/76B€1€66▲
Recurring financial income75€1€66▲
Financial charges65/66B€937€708▼
Recurring financial charges65€937€708▼
Profit (loss) for the period before taxes9903€10k€5k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€8k€3k▼
Profit (loss) for the period to be appropriated9905€8k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€3k▼
Transfer to equity691/2€8k€3k▼
To other reserves6921€8k€3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼58.3%
Net result drops to €3k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.77
Current ratio from 4.13 to 8.77; short-term debt falls from €11k to €6k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ternat · 1 establishment unit since 2019
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.
Schapenbaan 81741 TernatGround area
1,017 m²
Building footprint
189 m²
Volume, LiDAR
1,175 m³
Parcel 23091A0269/00C002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELLINGS DORIEN
since 20192.292.865.907
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091A0269/00C002 | Flanders | 1,017 m² | 1 · 189 m² | 10.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 577 EUR awarded · 755 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 93 EUR |
| 2024 | 1 | 93 EUR | 0 EUR |
| 2023 | 1 | 305 EUR | 483 EUR |
| 2022 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,690 companies in sector 86951 we hold annual accounts for 2,140. 1,941 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2019
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dorienhellings@gmail.com