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HELLINX

Active Risk: not assessed
Private limited companyfounded 200421 yrs activeVarendonksesteenweg 59, 2230 Herselt, BelgiumKBO/BCE: BE 0869.954.002
Summary

HELLINX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €649,913 and a net result of €16,949. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 63% of 6617 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210Holdings NACE 64200NACE 74151
#7 company by equity in Herselt, Finance and insurance sector1 site
Size
€996,872total assets 2025
Equity
€649,913
Profit
€16,949
Turnover not published (abridged schema)
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
Holdings
1
Accounts filed 18 d late0 of 2 deeds read
SignalsFiled after the deadlineShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 filings
Deviation from the deadline
2025
18 d late
2024
20 d late
2023
18 d late
2022
9 d late
2021
16 d late
2020
19 d late
2019
3 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

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. Usually files around 18 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2018net €16,949 ▲203%
  3. Annual accounts filedfiscal year 2024 · micro…

Financials · fiscal year 2025, abbreviated schema

Equity
€649,913▲ 2.7%
2024 · €632,964
Net result
€16,949▲ 203%
2024 · €5,599
Total assets
€996,872▲ 1.9%
2024 · €978,617
Solvency
65.2%▲ 0.5pp
2024 · 64.7%
Trend over the years

2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 51% above 2024 and is the highest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€47,558 2025 Net result€16,949 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€36,467-€26,620▼ 27.0%€20,855▼ 21.7%€17,266▼ 17.2%€6,638▼ 61.6%€2,296▼ 65.4%€31,587▲ 1,276%€47,558▲ 50.6%
Net result€15,488-€8,368▼ 46.0%€7,303within the sector's middle half▼ 12.7%€4,565within the sector's middle half▼ 37.5%-€3,702below the sector's middle half-€13,675below the sector's middle half▼ 269%€5,599within the sector's middle half€16,949within the sector's middle half▲ 203%
Equity€624,506-€632,874▲ 1.3%€640,177above the sector's middle half▲ 1.2%€644,742above the sector's middle half▲ 0.7%€641,041above the sector's middle half▼ 0.6%€627,366above the sector's middle half▼ 2.1%€632,964above the sector's middle half▲ 0.9%€649,913within the sector's middle half▲ 2.7%
Total assets€936,287-€900,887▼ 3.8%€911,538above the sector's middle half▲ 1.2%€924,183above the sector's middle half▲ 1.4%€901,123above the sector's middle half▼ 2.5%€961,035above the sector's middle half▲ 6.6%€978,617above the sector's middle half▲ 1.8%€996,872within the sector's middle half▲ 1.9%
Debt€311,781-€268,013▼ 14.0%€271,361▲ 1.2%€279,441▲ 3.0%€260,083▼ 6.9%€333,670▲ 28.3%€345,653▲ 3.6%€346,958▲ 0.4%
Working capital-€226,634--€220,751▲ 2.6%-€216,733below the sector's middle half▲ 1.8%-€211,823below the sector's middle half▲ 2.3%-€216,281below the sector's middle half▼ 2.1%-€291,313below the sector's middle half▼ 34.7%-€262,930below the sector's middle half▲ 9.7%-€235,460below the sector's middle half▲ 10.4%
Solvency66.7%-70.3%▲ 3.5pp70.2%within the sector's middle half=69.8%within the sector's middle half▼ 0.5pp71.1%within the sector's middle half▲ 1.4pp65.3%within the sector's middle half▼ 5.9pp64.7%within the sector's middle half▼ 0.6pp65.2%within the sector's middle half▲ 0.5pp
Current ratio0.23-0.13▼ 0.100.17below the sector's middle half▲ 0.040.21below the sector's middle half▲ 0.040.13below the sector's middle half▼ 0.080.08below the sector's middle half▼ 0.050.18below the sector's middle half▲ 0.100.27below the sector's middle half▲ 0.10
Return on assets (ROA)1.7%-0.9%▼ 0.7pp0.8%within the sector's middle half▼ 0.1pp0.5%below the sector's middle half▼ 0.3pp-0.4%below the sector's middle half▼ 0.9pp-1.4%below the sector's middle half▼ 1.0pp0.6%below the sector's middle half▲ 2.0pp1.7%within the sector's middle half▲ 1.1pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €996,872
Fixed assets €907,594 ▼ 1.5%
Current assets €89,278 ▲ 55.1%
Equity and liabilities €996,872
Equity €649,913 ▲ 2.7%
Debt €346,958 ▲ 0.4%
Debt's share of the balance-sheet total falls from 35.3% to 34.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
2.6%▲
2024 · 0.9%
Debt ≤ 1 year
€324,738▲
2024 · €320,490
Income taxes
€8,137▲
2024 · €761
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€978,617€996,872▲
Fixed assets21/28€921,057€907,594▼
Tangible fixed assets22/27€53,507€40,044▼
Furniture and vehicles24€53,507€40,044▼
Financial fixed assets28€867,550€867,550=
Current assets29/58€57,560€89,278▲
Amounts receivable within one year40/41€8,173€61,396▲
Other amounts receivable41€8,173€61,396▲
Cash at bank and in hand54/58€47,293€27,310▼
Deferred charges and accrued income490/1€2,094€571▼
Equity and liabilities
Total equity and liabilities10/49€978,617€996,872▲
Equity10/15€632,964€649,913▲
Contributions10/11€315,800€315,800=
Reserves13€19,324€36,273▲
Distributable reserves133€19,324€36,273▲
Profit (loss) carried forward14€297,841€297,841=
Amounts payable17/49€345,653€346,958▲
Amounts payable within one year42/48€320,490€324,738▲
Trade debts44€2,027€1,489▼
Suppliers440/4€2,027€1,489▼
Taxes, remuneration and social security45€5,670€8,342▲
Taxes450/3€2,816€5,487▲
Remuneration and social security454/9€2,854€2,854=
Other amounts payable47/48€312,793€314,907▲
Accrued charges and deferred income492/3€25,163€22,221▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,464€13,464=
Other operating charges640/8€147€186▲
Gross operating margin9900€45,198€61,208▲
Operating profit (loss)9901€31,587€47,558▲
Financial income75/76B€5€5▼
Recurring financial income75€5€5▼
Financial charges65/66B€25,233€22,478▼
Recurring financial charges65€25,233€22,478▼
Profit (loss) for the period before taxes9903€6,360€25,086▲
Income taxes67/77€761€8,137▲
Profit (loss) for the period9904€5,599€16,949▲
Profit (loss) for the period to be appropriated9905€5,599€16,949▲
Appropriation of the result
Profit (loss) to be appropriated9906€303,439€314,790▲
Profit (loss) brought forward from the previous period14P€297,841€297,841=
Transfer to equity691/2€5,599€16,949▲
To other reserves6921€5,599€16,949▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,709€344€344--€347€13,464€13,464=
Other operating charges640/8---€327€254€784€147€186▲ 26.4%
Gross operating margin9900€41,318€27,160€21,588€17,593€6,892€3,428€45,198€61,208▲ 35.4%
Operating profit (loss)9901€36,467€26,620€20,855€17,266€6,638€2,296€31,587€47,558▲ 50.6%
Financial income75/76B----€1€4€5€5▼ 2.6%
Recurring financial income75--€0-€1€4€5€5▼ 2.6%
Financial charges65/66B---€10,397€10,229€15,846€25,233€22,478▼ 10.9%
Recurring financial charges65€16,282€15,532€10,375€10,397€10,229€15,846€25,233€22,478▼ 10.9%
Profit (loss) for the period before taxes9903€20,186€11,087€10,481€6,869-€3,590-€13,546€6,360€25,086▲ 294%
Income taxes67/77€4,697€2,719€3,177€2,304€112€129€761€8,137▲ 969%
Profit (loss) for the period9904€15,488€8,368€7,303€4,565-€3,702-€13,675€5,599€16,949▲ 203%
Profit (loss) for the period to be appropriated9905€15,488€8,368€7,303€4,565-€3,702-€13,675€5,599€16,949▲ 203%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€936,287€900,887€911,538€924,183€901,123€961,035€978,617€996,872▲ 1.9%
Fixed assets21/28€868,238€867,894€867,550€867,550€867,550€934,521€921,057€907,594▼ 1.5%
Tangible fixed assets22/27€688€344---€66,971€53,507€40,044▼ 25.2%
Furniture and vehicles24-----€66,971€53,507€40,044▼ 25.2%
Financial fixed assets28€867,550€867,550€867,550€867,550€867,550€867,550€867,550€867,550=
Current assets29/58€68,049€32,993€43,988€56,633€33,573€26,514€57,560€89,278▲ 55.1%
Amounts receivable within one year40/41€48,866€21,553€21,752€24,866€8,084€8,717€8,173€61,396▲ 651%
Other amounts receivable41---€24,866€8,084€8,717€8,173€61,396▲ 651%
Cash at bank and in hand54/58€19,183€11,440€21,060€30,575€24,293€16,610€47,293€27,310▼ 42.3%
Deferred charges and accrued income490/1---€1,192€1,196€1,187€2,094€571▼ 72.7%
Equity and liabilities
Total equity and liabilities10/49€936,287€900,887€911,538€924,183€901,123€961,035€978,617€996,872▲ 1.9%
Equity10/15€624,506€632,874€640,177€644,742€641,041€627,366€632,964€649,913▲ 2.7%
Contributions10/11€315,800€315,800-€315,800€315,800€315,800€315,800€315,800=
Reserves13€1,860€1,860€9,160€13,725€13,725€13,725€19,324€36,273▲ 87.7%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€11,865€11,865€13,725€19,324€36,273▲ 87.7%
Profit (loss) carried forward14€306,846€315,214€315,217€315,217€311,516€297,841€297,841€297,841=
Amounts payable17/49€311,781€268,013€271,361€279,441€260,083€333,670€345,653€346,958▲ 0.4%
Amounts payable after more than one year17€5,482--------
Amounts payable within one year42/48€294,682€253,744€260,720€268,457€249,854€317,827€320,490€324,738▲ 1.3%
Trade debts44€485€361€228€1,990€2,749€0€2,027€1,489▼ 26.6%
Suppliers440/4---€1,990€2,749€0€2,027€1,489▼ 26.6%
Taxes, remuneration and social security45---€5,017€5,621€2,809€5,670€8,342▲ 47.1%
Taxes450/3---€2,929€2,871€0€2,816€5,487▲ 94.9%
Remuneration and social security454/9---€2,088€2,750€2,809€2,854€2,854=
Other amounts payable47/48---€261,449€241,485€315,018€312,793€314,907▲ 0.7%
Accrued charges and deferred income492/3---€10,985€10,228€15,842€25,163€22,221▼ 11.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€15,488€8,368€7,303€4,565-€3,702-€13,675€5,599€16,949▲ 203%
+ Depreciation and write-downs630€4,709€344€344--€347€13,464€13,464=
Operating cash flow (approximation)€20,197€8,712€7,647€4,565-€3,702-€13,327€19,062€30,413▲ 59.5%
Investment in fixed assets (approximation)-€0€0€0€0-€67,318€0€0-
Change in cash--€7,743€9,620€9,515-€6,281-€7,683€30,682-€19,982▼ 165%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 24,719 companies in this sector we hold annual accounts for 20,196. 13,605 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of HELLINX and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 2 Gazette acts processed.

History

HELLINX was incorporated on 12 November 2004.1 Total assets went from €936,287 in 2018 to €996,872 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial Highest result since 2018net €16,949 ▲203%
Operating result €47,558, net result €16,949, both a record.
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial Back to profitnet €5,599
Net result €5,599 after 2 loss-making years.
18-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-12
Financial Weakest financial yearnet -€13,675
Net result drops to -€13,675, the lowest in the series; recovery starts the following year.
09-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
03-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
22-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
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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Register details

Identification
Legal formPrivate limited company
Founded12-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0869954002
Also 9925:BE0869954002
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 4 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Herselt · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
923 m²
Building footprint
189 m²
Volume, LiDAR
955 m³
Parcel 13013B0534/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
HELLINX
Varendonksesteenweg 59, 2230 HerseltNACE 7415101
since 2004unit no. 2.144.143.230
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13013B0534/00G000 Flanders 923 m² 1 · 189 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.