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Helmo Holding

Active
Private limited companyfounded 2011active for 14 yearsThonissenlaan 63, 3500 Hasselt, Belgium17 active companies are registered at this addressKBO/BCE: BE 0842.509.237
Summary

The computed 12-month bankruptcy probability of Helmo Holding is 1.9% (moderate). The 2024 annual accounts show equity of €15.3m and a net result of -€166,490. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 80% of 2,287 sector peers (NACE 82, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other business support services
NACE 82990
9th largest company by equity in Hasselt, Administrative and support services sector1 site
Size
€19.5mtotal assets 2024
Equity
€15.3m
Loss
-€166,490
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Holdings
4
Accounts 76 days overdue0 of 3 deeds read
Why 54raises riskLiquidity: current ratio 0.97, cash €9,733Figures for financial year 2024 (filed 01-10-2025)1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 latelowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 82, medium-sized)
Financial strength · tick = 2023
Average
Solvency 100=
equity 78.8% of total assets
Liquidity 44-3
short-term debt 19.4% · cash 0.1%
Profitability 18-1
return on assets -0.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (221 companies, NACE 82, medium-sized)
Last 24 months 11-2024: 1.9% 12-2024: 2.4%▲ +0.5 percentage points vs 11-2024 01-2025: 3.0%▲ +0.6 percentage points vs 12-2024 02-2025: 3.1%▲ +0.1 percentage points vs 01-2025 03-2025: 2.5%▼ -0.6 percentage points vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.6%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▼ -0.2 percentage points vs 06-2025 08-2025: 3.0%▲ +0.6 percentage points vs 07-2025 09-2025: 3.2%▲ +0.2 percentage points vs 08-2025 10-2025: 4.3%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 1.0%▼ -3.3 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 1.5%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.4 percentage points vs 09-2026
Credit of up to €800,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.97, compared with 0.92 in 2023, below 1; short-term debt: 19.4% and cash: 0.1% of total assets), and 21.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, medium-sized): better than 87% on solvency, 38% on liquidity, 13% on profitability and 25% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.97, cash €9,733
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
211 days late
2022
61 days late
2021
2 days early
2020
1 day early
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 65 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · Director resignationPermanent representative · Board rule
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. General meeting · DemergerDeclaration · Shareholding · Phil…

Key points

  • Caution: Result fell in 2024from -€51,707 to -€166,490 ▼ 222% View
  • Caution: Among the weakest 5% on net resultsector median €33,908 · 2,282 companies -€166,490 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€166,490 View
  • Heads a groupcompanies controlled 5 View

By topic

Financials

Financial year
2024
Total assets
€19.5m
Loss
-€166,490
Solvency
78.8%
Total assets▲ 5.6%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2013
  1. 21-08-2025Demerger · Incorporation
  2. 16-06-2025Board meeting · Demerger
  3. 27-02-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
23-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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