HELLOGEST
ActiveSummary
HELLOGEST has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+84
Solvency35▲+35
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.35 against 0.65 in 2024; short-term debt: 28.2% and cash: 42.6% of total assets), but 90.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
9.7%
Return on assets
15.9%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
29 d late
2023
9 d late
2022
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k
2024 · €-25k
2022: €8k
2023: €-9k▼ -206% vs 2022
2024: €-25k▼ -184% vs 2023lowest in 4 years
2025: €40k▲ +259% vs 2024highest in 4 years
2022 → 2025
Total assets
€415k▲ 447%
2024 · €76k
2022: €55klowest in 4 years
2023: €92k▲ +65.4% vs 2022
2024: €76k▼ -17.4% vs 2023
2025: €415k▲ +447% vs 2024highest in 4 years
2022 → 2025
Net result
€66k
2024 · €-16k
2022: €7k
2023: €-17k▼ -333% vs 2022lowest in 4 years
2024: €-16k▲ +5.6% vs 2023
2025: €66k▲ +500% vs 2024highest in 4 years
2022 → 2025
Working capital
€275k
2024 · €-20k
2022: €2k
2023: €-7k▼ -424% vs 2022
2024: €-20k▼ -192% vs 2023lowest in 4 years
2025: €275k▲ +1493% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€8k-€-9k€-25k▼ 184%€40k
2022: €8k
2023: €-9k▼ -206% vs 2022
2024: €-25k▼ -184% vs 2023lowest in 4 years
2025: €40k▲ +259% vs 2024highest in 4 years
Operating result€10k-€-14k€-12k▲ 18.8%€84k
2022: €10k
2023: €-14k▼ -243% vs 2022lowest in 4 years
2024: €-12k▲ +18.8% vs 2023
2025: €84k▲ +819% vs 2024highest in 4 years
Net result€7k-€-17k€-16k▲ 5.6%€66k
2022: €7k
2023: €-17k▼ -333% vs 2022lowest in 4 years
2024: €-16k▲ +5.6% vs 2023
2025: €66k▲ +500% vs 2024highest in 4 years
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: €84k after a loss of €12k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €415k
Fixed assets
€23k ▼ 41.7%
Current assets
€392k ▲ 972%
Equity and liabilities €415k
Equity
€40k
Debt
€374k
Debt finances 90.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€93k▲
2024 · €-2k
Cash flow
€76k▲
2024 · €-7k
Current ratio
3.35▲
2024 · 0.65
Quick ratio
1.99▲
2024 · 0.34
Debt to equity
9.28▲
2024 · -3.98
ROE
162.9%
ROA
15.9%▲
2024 · -21.7%
Interest coverage
5.50▲
2024 · -0.45
Debt ≤ 1 year
€117k▲
2024 · €56k
Debt > 1 year
€257k▲
2024 · €45k
Income taxes
€1k
Staff costs
€39k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€415k▲
Fixed assets21/28€39k€23k▼
Tangible fixed assets22/27€39k€23k▼
Furniture and vehicles24-€1k
Leasing and similar rights25€31k€22k▼
Assets under construction and advance payments27€8k-
Financial fixed assets28€108€108=
Current assets29/58€37k€392k▲
Stocks and contracts in progress3€17k€159k▲
Stocks30/36€17k€788▼
Contracts in progress37-€158k
Amounts receivable within one year40/41€13k€55k▲
Trade receivables40€11k€54k▲
Other amounts receivable41€2k€569▼
Cash at bank and in hand54/58€6k€177k▲
Deferred charges and accrued income490/1€85€931▲
Equity and liabilities
Total equity and liabilities10/49€76k€415k▲
Equity10/15€-25k€40k▲
Contributions10/11€1k€1k=
Reserves13€7k€39k▲
Distributable reserves133€7k€39k▲
Profit (loss) carried forward14€-34k-
Amounts payable17/49€101k€374k▲
Amounts payable after more than one year17€45k€257k▲
Financial debts170/4€45k€257k▲
Amounts payable within one year42/48€56k€117k▲
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€18k€31k▲
Suppliers440/4€18k€31k▲
Taxes, remuneration and social security45€4k€53k▲
Taxes450/3€687€47k▲
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€18k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€187€313▲
Non-recurring operating charges66A€993-
Gross operating margin9900€24k€133k▲
Operating profit (loss)9901€-12k€84k▲
Financial income75/76B€60€278▲
Recurring financial income75€60€278▲
Financial charges65/66B€5k€17k▲
Recurring financial charges65€5k€17k▲
Profit (loss) for the period before taxes9903€-16k€67k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-16k€66k▲
Profit (loss) for the period to be appropriated9905€-16k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€32k▲
Profit (loss) brought forward from the previous period14P€-17k€-34k▼
Transfer to equity691/2-€32k
To other reserves6921-€32k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1 | - | - | - |
| Remuneration, social security and pensions62 | - | €19k | €25k | €39k | ▲ 53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €7k | €9k | €10k | ▲ 4.2% |
| Other operating charges640/8 | €149 | €1k | €187 | €313 | ▲ 66.9% |
| Non-recurring operating charges66A | - | €7k | €993 | - | - |
| Gross operating margin9900 | €13k | €19k | €24k | €133k | ▲ 444% |
| Operating profit (loss)9901 | €10k | €-14k | €-12k | €84k | ▲ 819% |
| Financial income75/76B | €1k | €442 | €60 | €278 | ▲ 364% |
| Recurring financial income75 | €1k | €442 | €60 | €278 | ▲ 364% |
| Financial charges65/66B | €617 | €4k | €5k | €17k | ▲ 249% |
| Recurring financial charges65 | €617 | €4k | €5k | €17k | ▲ 249% |
| Profit (loss) for the period before taxes9903 | €11k | €-17k | €-16k | €67k | ▲ 507% |
| Income taxes67/77 | €3k | - | - | €1k | - |
| Profit (loss) for the period9904 | €7k | €-17k | €-16k | €66k | ▲ 500% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-17k | €-16k | €66k | ▲ 500% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €55k | €92k | €76k | €415k | ▲ 447% |
| Fixed assets21/28 | €35k | €49k | €39k | €23k | ▼ 41.7% |
| Tangible fixed assets22/27 | €35k | €49k | €39k | €23k | ▼ 41.8% |
| Furniture and vehicles24 | €35k | - | - | €1k | - |
| Leasing and similar rights25 | - | €41k | €31k | €22k | ▼ 30.3% |
| Assets under construction and advance payments27 | - | €8k | €8k | - | - |
| Financial fixed assets28 | - | €108 | €108 | €108 | = |
| Current assets29/58 | €21k | €43k | €37k | €392k | ▲ 972% |
| Stocks and contracts in progress3 | - | - | €17k | €159k | ▲ 813% |
| Stocks30/36 | - | - | €17k | €788 | ▼ 95.5% |
| Contracts in progress37 | - | - | - | €158k | - |
| Amounts receivable within one year40/41 | €8k | €8k | €13k | €55k | ▲ 330% |
| Trade receivables40 | €8k | €8k | €11k | €54k | ▲ 384% |
| Other amounts receivable41 | €56 | €167 | €2k | €569 | ▼ 63.0% |
| Current investments50/53 | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €13k | €34k | €6k | €177k | ▲ 2,714% |
| Deferred charges and accrued income490/1 | €246 | €716 | €85 | €931 | ▲ 995% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €55k | €92k | €76k | €415k | ▲ 447% |
| Equity10/15 | €8k | €-9k | €-25k | €40k | ▲ 259% |
| Contributions10/11 | €1k | €1k | €1k | €1k | = |
| Reserves13 | €7k | €7k | €7k | €39k | ▲ 428% |
| Distributable reserves133 | €7k | €7k | €7k | €39k | ▲ 428% |
| Profit (loss) carried forward14 | - | €-17k | €-34k | - | - |
| Amounts payable17/49 | €47k | €101k | €101k | €374k | ▲ 270% |
| Amounts payable after more than one year17 | €28k | €51k | €45k | €257k | ▲ 473% |
| Financial debts170/4 | €28k | €51k | €45k | €257k | ▲ 473% |
| Amounts payable within one year42/48 | €19k | €50k | €56k | €117k | ▲ 108% |
| Current portion of amounts payable after more than one year42 | €7k | €19k | €17k | €18k | ▲ 8.0% |
| Trade debts44 | €6k | €3k | €18k | €31k | ▲ 74.4% |
| Suppliers440/4 | €6k | €3k | €18k | €31k | ▲ 74.4% |
| Taxes, remuneration and social security45 | €4k | €8k | €4k | €53k | ▲ 1,265% |
| Taxes450/3 | €4k | €6k | €687 | €47k | ▲ 6,673% |
| Remuneration and social security454/9 | - | €2k | €3k | €6k | ▲ 93.9% |
| Other amounts payable47/48 | €2k | €20k | €18k | €16k | ▼ 14.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-17k | €-16k | €66k | ▲ 500% |
| + Depreciation and write-downs630 | €2k | €7k | €9k | €10k | ▲ 4.2% |
| Operating cash flow (approximation) | €10k | €-11k | €-7k | €76k | ▲ 1,177% |
| Investment in fixed assets (approximation) | - | €-20k | €0 | €7k | - |
| Change in cash | - | €22k | €-28k | €171k | ▲ 713% |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €66k
Net result €66k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 3.35
Current ratio from 0.65 to 3.35.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Houyet · 1 establishment unit since 2021
Ground area
279 m²
Building footprint
79 m²
Parcel 91090A1348/02F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Hellogest SRL
since 20212.318.547.943
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91090A1348/02F000 | Wallonia | 279 m² | 1 · 79 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,670 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
Founded31-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
41001General construction of residential buildings
42990Civil engineering
43320Joinery installation
43410Roofing work
43990Other specialised construction activities
Contact
E-mail
julian.rosiere@hellogest.be
Scores and ratios are computed by Checked and are not a credit decision.