HELMET SERVICES
ActiveHELMET SERVICES has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €240k and a net result of €70k. Equity is growing by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 26052 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+9
Solvency94▼-6
Growth85=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 5.57 in 2023; short-term debt: 25.6% and cash: 5.4% of total assets), and 31% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
54 d late
2022
20 d early
2021
33 d late
2020
69 d late
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€1.01M▲ 18.8%
2023 · €847k
2021: €347k
2022: €623k
2023: €847k
2021 → 2024
EBIT margin
8.0%▲ 3.2pp
2023 · 4.8%
2021: 15.0%
2022: 8.8%
2023: 4.8%
2021 → 2024
Net result
€70k▲ 72.6%
2023 · €41k
2018: €3k
2019: €3k
2020: €5k
2021: €52k
2022: €41k
2023: €41k
2018 → 2024
Working capital
€200k▲ 85.5%
2023 · €108k
2018: €1k
2019: €6k
2020: €27k
2021: €36k
2022: €94k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€347k€623k▲ 79.7%€847k▲ 36.0%€1.01M▲ 18.8%
Equity€36k-€88k▲ 143%€129k▲ 46.7%€170k▲ 31.6%€240k▲ 41.4%
Operating result€5k-€52k▲ 907%€55k▲ 5.6%€41k▼ 25.5%€80k▲ 96.5%
Net result€5k-€52k▲ 934%€41k▼ 20.8%€41k▼ 0.8%€70k▲ 72.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 97% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €347k
Fixed assets
€58k▼ 38.4%
Current assets
€289k▲ 120%
Equity and liabilities €347k
Equity
€240k▲ 41.4%
Debt
€108k▲ 90.3%
The debt ratio rises from 25.0% to 31.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€139k▲
2023 · €75k
Cash flow
€129k▲
2023 · €75k
Solvency
69.0%▼
2023 · 75.0%
Current ratio
3.26▼
2023 · 5.57
Quick ratio
3.15▼
2023 · 4.93
Debt / equity
0.45▲
2023 · 0.33
ROE
29.3%▲
2023 · 24.0%
ROA
20.2%▲
2023 · 18.0%
Interest coverage
771.32▲
2023 · 459.95
Debt
€108k▲
2023 · €57k
Debt ≤ 1 year
€89k▲
2023 · €24k
Debt > 1 year
€19k▼
2023 · €33k
Income taxes
€10k
Staff costs
€125k▼
2023 · €150k
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€226k€347k▲
Fixed assets21/28€94k€58k▼
Tangible fixed assets22/27€94k€58k▼
Furniture and vehicles24€94k€58k▼
Financial fixed assets28€154€154=
Current assets29/58€132k€289k▲
Stocks and contracts in progress3€15k€10k▼
Stocks30/36€15k€10k▼
Amounts receivable within one year40/41€102k€260k▲
Trade receivables40€77k€240k▲
Other amounts receivable41€26k€21k▼
Cash at bank and in hand54/58€14k€19k▲
Equity and liabilities
Total equity and liabilities10/49€226k€347k▲
Equity10/15€170k€240k▲
Contributions10/11€19k€19k=
Reserves13€737€737=
Non-distributable reserves130/1€737€737=
Reserves not available under the articles1311€737€737=
Profit (loss) carried forward14€150k€220k▲
Amounts payable17/49€57k€108k▲
Amounts payable after more than one year17€33k€19k▼
Financial debts170/4€33k€19k▼
Amounts payable within one year42/48€24k€89k▲
Trade debts44€24k€57k▲
Suppliers440/4€24k€57k▲
Taxes, remuneration and social security45-€32k
Taxes450/3-€4k
Remuneration and social security454/9-€28k
Income statement
Code20232024
Turnover70€847k€1.01M▲
Goods, raw materials, services and sundry goods60/61€611k€740k▲
Remuneration, social security and pensions62€150k€125k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€59k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€226k€266k▲
Operating profit (loss)9901€41k€80k▲
Financial income75/76B-€122
Recurring financial income75-€122
Financial charges65/66B€163€180▲
Recurring financial charges65€163€180▲
Profit (loss) for the period before taxes9903€41k€80k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€41k€70k▲
Profit (loss) for the period to be appropriated9905€41k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€150k€220k▲
Profit (loss) brought forward from the previous period14P€110k€150k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Highest result since 2018net €70k ▲72.6%
Operating result €80k, net result €70k, both a record.
31-12
Financial
Equity above €200kEq €240k ▲41.4%
7 profitable years in a row build equity to €240k.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.57
Current ratio from 2.05 to 5.57; short-term debt falls from €89k to €24k.
31-12
Financial
Equity above €150kEq €170k ▲31.6%
6 profitable years in a row build equity to €170k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €129k ▲46.7%
5 profitable years in a row build equity to €129k.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 69 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 105 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 64 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 2013
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.
Helmetsesteenweg 3591030 SchaarbeekGround area
189 m²
Building footprint
126 m²
Volume, LiDAR
1,022 m³
Parcel 21015A0195/00S004, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AFILAL
since 20132.225.478.126
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0195/00S004 | Brussels | 189 m² | 1 · 126 m² | 12.5 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.225.478.126
Similar companies · same sector, comparable size
DANHIEUX
BE 0475.342.065
Overijse · Eq €239k
DE MEULEMEESTER
BE 0470.083.477
Aalst · Eq €242k
CARUSO
BE 0457.663.420
Oostende · Eq €238k
PÂTISSERIE NIVELLES
BE 0835.393.692
Nivelles · Eq €242k
GREG DE SCHUTTER
BE 0478.657.089
Stabroek · Eq €242k
Of 2,406 companies in sector 47241 we hold annual accounts for 1,097. 776 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2013
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0487-543.915