HELLMA BENELUX
ActiveSummary
HELLMA BENELUX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182,960 and a net result of €70,215. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 48% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-7
Solvency70▲+7
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.6 in 2024; short-term debt: 55.4% and cash: 23.3% of total assets), but 55.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.6%
Return on assets
17.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €182,960
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
9 d early
2023
58 d early
2022
55 d early
2021
54 d early
2020
53 d early
2019
79 d early
← 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 51 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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 7 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€182,960▲ 10.2%
2024 · €165,951
Total assets
€410,163▼ 5.3%
2024 · €432,914
Net result
€70,215▼ 29.1%
2024 · €99,058
Working capital
€181,737▲ 13.6%
2024 · €160,025
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€98,351▼ 23.2%€126,184▲ 28.3%€102,633▼ 18.7%€134,188▲ 30.7%€97,320▼ 27.5%
Net result€70,951within the sector's middle half▼ 25.4%€92,863within the sector's middle half▲ 30.9%€77,151within the sector's middle half▼ 16.9%€99,058within the sector's middle half▲ 28.4%€70,215within the sector's middle half▼ 29.1%
Equity€158,488within the sector's middle half▲ 0.6%€151,350within the sector's middle half▼ 4.5%€148,501within the sector's middle half▼ 1.9%€165,951within the sector's middle half▲ 11.8%€182,960within the sector's middle half▲ 10.2%
Total assets€403,071below the sector's middle half▲ 2.5%€392,005below the sector's middle half▼ 2.7%€422,000below the sector's middle half▲ 7.7%€432,914below the sector's middle half▲ 2.6%€410,163within the sector's middle half▼ 5.3%
Debt€244,584▲ 3.7%€240,654▼ 1.6%€273,499▲ 13.6%€266,909▼ 2.4%€227,161▼ 14.9%
Working capital€133,079within the sector's middle half▼ 9.4%€135,942within the sector's middle half▲ 2.2%€137,807within the sector's middle half▲ 1.4%€160,025within the sector's middle half▲ 16.1%€181,737within the sector's middle half▲ 13.6%
Solvency39.3%within the sector's middle half▼ 0.7pp38.6%within the sector's middle half▼ 0.7pp35.2%within the sector's middle half▼ 3.4pp38.3%within the sector's middle half▲ 3.1pp44.6%within the sector's middle half▲ 6.3pp
Current ratio1.54within the sector's middle half▼ 0.081.56within the sector's middle half▲ 0.021.50within the sector's middle half▼ 0.061.60within the sector's middle half▲ 0.101.80within the sector's middle half▲ 0.20
Return on assets (ROA)17.6%above the sector's middle half▼ 6.6pp23.7%above the sector's middle half▲ 6.1pp18.3%above the sector's middle half▼ 5.4pp22.9%above the sector's middle half▲ 4.6pp17.1%above the sector's middle half▼ 5.8pp
Staff (FTE)1.5below the sector's middle half▲ 150%1.9below the sector's middle half▲ 26.7%2below the sector's middle half▲ 5.3%1.2below the sector's middle half▼ 40.0%1.9within the sector's middle half▲ 58.3%
above
within
below
the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410,163
Fixed assets
€1,266 ▼ 78.8%
Current assets
€408,898 ▼ 4.2%
Equity and liabilities €410,163
Equity
€182,960 ▲ 10.2%
Provisions
€42 ▼ 21.6%
Debt
€227,161 ▼ 14.9%
Debt's share of the balance-sheet total falls from 61.7% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102,034▼
2024 · €138,902
Cash flow
€74,929▼
2024 · €103,772
Quick ratio
1.55▲
2024 · 1.41
Debt to equity
1.24▼
2024 · 1.61
ROE
38.4%▼
2024 · 59.7%
Interest coverage
620.79▼
2024 · 820.84
Debt ≤ 1 year
€227,161▼
2024 · €266,909
Income taxes
€26,941▼
2024 · €35,012
Staff costs
€122,175▲
2024 · €89,908
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14,000 | - | - | - |
| Remuneration, social security and pensions62 | €96,723 | €135,821 | €156,115 | €89,908 | €122,175 | ▲ 35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,735 | €10,001 | €4,714 | €4,714 | €4,714 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €275 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €54 | -€12 | ▼ 122% |
| Other operating charges640/8 | €1,238 | €1,076 | €3,109 | €954 | €920 | ▼ 3.6% |
| Gross operating margin9900 | €205,047 | €273,357 | €266,571 | €229,818 | €225,117 | ▼ 2.0% |
| Operating profit (loss)9901 | €98,351 | €126,184 | €102,633 | €134,188 | €97,320 | ▼ 27.5% |
| Financial income75/76B | €2 | €1,216 | €10 | €51 | €0 | ▼ 99.3% |
| Recurring financial income75 | €2 | €1,216 | €10 | €51 | €0 | ▼ 99.3% |
| Financial charges65/66B | €449 | €538 | €407 | €169 | €164 | ▼ 2.9% |
| Recurring financial charges65 | €449 | €538 | €407 | €169 | €164 | ▼ 2.9% |
| Profit (loss) for the period before taxes9903 | €97,904 | €126,863 | €102,237 | €134,070 | €97,156 | ▼ 27.5% |
| Income taxes67/77 | €26,953 | €34,000 | €25,087 | €35,012 | €26,941 | ▼ 23.1% |
| Profit (loss) for the period9904 | €70,951 | €92,863 | €77,151 | €99,058 | €70,215 | ▼ 29.1% |
| Profit (loss) for the period to be appropriated9905 | €70,951 | €92,863 | €77,151 | €99,058 | €70,215 | ▼ 29.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €403,071 | €392,005 | €422,000 | €432,914 | €410,163 | ▼ 5.3% |
| Fixed assets21/28 | €25,409 | €15,408 | €10,694 | €5,980 | €1,266 | ▼ 78.8% |
| Tangible fixed assets22/27 | €25,409 | €15,408 | €10,694 | €5,980 | €1,266 | ▼ 78.8% |
| Plant, machinery and equipment23 | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | €25,409 | €15,408 | €10,694 | €5,980 | €1,266 | ▼ 78.8% |
| Current assets29/58 | €377,663 | €376,597 | €411,306 | €426,934 | €408,898 | ▼ 4.2% |
| Stocks and contracts in progress3 | €25,733 | €42,849 | €60,235 | €50,348 | €57,218 | ▲ 13.6% |
| Stocks30/36 | €25,733 | €42,849 | €60,235 | €50,348 | €57,218 | ▲ 13.6% |
| Amounts receivable within one year40/41 | €184,476 | €194,098 | €205,568 | €229,900 | €253,633 | ▲ 10.3% |
| Trade receivables40 | €171,476 | €188,040 | €191,246 | €225,119 | €245,457 | ▲ 9.0% |
| Other amounts receivable41 | €13,000 | €6,058 | €14,322 | €4,780 | €8,176 | ▲ 71.0% |
| Cash at bank and in hand54/58 | €167,453 | €137,375 | €143,722 | €144,753 | €95,581 | ▼ 34.0% |
| Deferred charges and accrued income490/1 | - | €2,274 | €1,781 | €1,932 | €2,466 | ▲ 27.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €403,071 | €392,005 | €422,000 | €432,914 | €410,163 | ▼ 5.3% |
| Equity10/15 | €158,488 | €151,350 | €148,501 | €165,951 | €182,960 | ▲ 10.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €139,888 | €132,750 | €129,901 | €147,351 | €164,360 | ▲ 11.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €138,028 | €130,890 | €129,901 | €147,351 | €164,360 | ▲ 11.5% |
| Provisions and deferred taxes16 | - | - | - | €54 | €42 | ▼ 21.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €54 | €42 | ▼ 21.6% |
| Pensions and similar obligations160 | - | - | - | €54 | €42 | ▼ 21.6% |
| Amounts payable17/49 | €244,584 | €240,654 | €273,499 | €266,909 | €227,161 | ▼ 14.9% |
| Amounts payable within one year42/48 | €244,584 | €240,654 | €273,499 | €266,909 | €227,161 | ▼ 14.9% |
| Trade debts44 | €140,322 | €101,390 | €156,352 | €155,563 | €150,133 | ▼ 3.5% |
| Suppliers440/4 | €140,322 | €101,390 | €156,352 | €155,563 | €150,133 | ▼ 3.5% |
| Advances received on contracts in progress46 | - | €2,199 | - | - | - | - |
| Taxes, remuneration and social security45 | €34,262 | €37,065 | €37,147 | €29,738 | €23,822 | ▼ 19.9% |
| Taxes450/3 | €15,864 | €12,403 | €10,192 | €20,632 | €8,809 | ▼ 57.3% |
| Remuneration and social security454/9 | €18,397 | €24,662 | €26,955 | €9,106 | €15,014 | ▲ 64.9% |
| Other amounts payable47/48 | €70,000 | €100,000 | €80,000 | €81,607 | €53,206 | ▼ 34.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,951 | €92,863 | €77,151 | €99,058 | €70,215 | ▼ 29.1% |
| + Depreciation and write-downs630 | €8,735 | €10,001 | €4,714 | €4,714 | €4,714 | = |
| Operating cash flow (approximation) | €79,686 | €102,863 | €81,865 | €103,772 | €74,929 | ▼ 27.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€30,078 | €6,346 | €1,031 | -€49,172 | ▼ 4,868% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €99,058 ▲28.4%
Operating result €134,188, net result €99,058, both a record.
31-12
Financial
Equity above €150,000Eq €165,951 ▲11.8%
7 profitable years in a row build equity to €165,951.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €69,204 ▼23.3%
Net result drops to €69,204, the lowest in the series; recovery starts the following year.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-04
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 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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Directors · office · real estate
Directors
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2006
Ground area
8,719 m²
Parcel 46013A0041/00B000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
HELLMA BENELUX
since 20062.152.764.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A0041/00B000 | Flanders | 8,719 m² | - | - |
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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
40%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 current directors or connected companies found in the register.
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Of 213 companies in sector 26510 we hold annual accounts for 166. 98 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
Founded03-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
26510Manufacture of computer, electronic and optical products
46460Wholesale of pharmaceutical and medical goods
32500Manufacture of medical and dental instruments and supplies
46140Agents in the wholesale of industrial machinery, ships and aircraft
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879748329
Also
9925:BE0879748329
Registered
01-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.