Equity
-€808,535
Debts exceed assets in financial year 2025.
HELMETPLUS
Lifetime
5 annual accounts with figures on one time axispeak -€143,412 (2025)
-€143,412▲ €7,622
lowest -€241,239 (2021)
-€220,332▼ €36,151
peak -€31,239 (2021)
-€808,535▼ €220,332
€1.8m▲ 37.1%
Board6 names since 2020
5 directors and 4 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €220,332Equity from -€588,204 to -€808,535Debts from €1.3m to €1.8mInvestments €138,300Cash from €2,838 to €30,861
Key points
from the 2025 annual accountsLosses
-€1.0m in five years
Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€1.8m 182% of the balance sheet
Financial debts 78%Suppliers 19%Taxes and wages 3%
Of this, €512,563 falls due within a year.
Investments
€138,300 4.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.36 was 0.41 in 2024
Short-term debts fell from €1.3m to €512,563.
Position in the sector
-€220,332
Lower net result than 95% of companies in retail trade. Sector median €4,763 · 25,208 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 562 companies had the same profile as HELMETPLUS has now. Each dot stands for 2 companies, two years later.
86.7%
were still trading
4.8%
stopped another way
7.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 562 companies, not a prediction for HELMETPLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Chair
Managing director
Managing director
Managing director,
Managing director
- 250 sharesdeed of 16-12-2020
- 250 sharesdeed of 16-12-2020
- 250 sharesdeed of 16-12-2020
Recent changes
Reappointments: (managing director) and (managing director)
General meeting of 31-08-2026 · Gazette deed
Registered office moved from Oostkamp to Roeselare
New registered office: Kermisstraat 9/11, 8800 Roeselare · Previous registered office: Waterputdreef 11A, 8020 Oostkamp (Hertsberge) · Appointment: (managing director) · General meeting of 30-09-2024 · Gazette deed
Resignation: (director)
Director discharge: · General meeting of 05-10-2021 · Gazette deed
Incorporation
Founders: (comparant), (comparant) and (comparant) · Founding capital of EUROS 210,000, 750 shares · Appointments: (chair of the board), (managing director) and · published on 16-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HELMETPLUS Roeselare | €1.0m | -€0.1m | -82.0% | - |
| Jarno Motors Kapellen | €0.8m | -€0.05m | -33.4% | 1.1 |
| TBS CONVERSIONS Pelt | €0.6m | -€0.1m | -557.5% | - |
| KM COMPETITION Ans | €0.5m | -€1.2m | -503.0% | 1 |
| Cyclowax Ghent | €1.7m | -€0.3m | 21.4% | - |
| TH2 Gerpinnes | €0.6m | -€0.02m | 84.5% | - |
| ALLROADMOTO Opwijk | €0.4m | -€0.06m | -26.9% | 1.8 |
These companies have the same main activity as HELMETPLUS: retail sale of motorcycles and motorcycle parts and accessories (NACE 47830). They are comparable in size and age: total assets between €363,000 and €1.7m, founded between 2014 and 2022.
Official details
Source: KBO- Status
- Active since 14-12-2020Normal situation
- Activity
- Retail sale of motorcycles and motorcycle parts and accessoriesNACE 47830and 3 others
- Establishment unit
- 2.311.974.4128800 Roeselare, since 14-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on HELMETPLUS
HELMETPLUS files the micro format. That format states no turnover. The gross margin rose from -€232,163 in 2021 to -€143,412 in 2025.
In September 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HELMETPLUS
- What is the company number of HELMETPLUS?
- The company number of HELMETPLUS is 0759.740.820. The VAT number is the same number with BE in front: BE 0759.740.820.
- Where is HELMETPLUS based?
- The registered office is at Kermisstraat 9/11, 8800 Roeselare.Company details
- What does HELMETPLUS do?
- According to the KBO register, the main activity is retail sale of motorcycles and motorcycle parts and accessories (NACE 47830).
- What is the legal form of HELMETPLUS?
- HELMETPLUS is a public limited company (NV).
- When was HELMETPLUS founded?
- HELMETPLUS was founded on 14-12-2020.
- Is HELMETPLUS still active?
- Yes, HELMETPLUS is an active enterprise in the KBO register.
- What is the turnover of HELMETPLUS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is HELMETPLUS profitable?
- In financial year 2025, HELMETPLUS made a loss of €220,332.
- Where can I find the annual accounts of HELMETPLUS?
- HELMETPLUS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HELMETPLUS due?
- HELMETPLUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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