HELOU
ActiveHELOU has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▼-73
Solvency25▲+17
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.75 in 2024), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €166k
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 07-10-2025, 37 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
2026
not confirmed
2025
37 d late
2024
17 d late
2023
62 d early
2022
27 d late
2021
30 d late
2020
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€166k▲ 421%
2024 · €32k
2019: €409k
2020: €287k
2021: €63k
2022: €15k
2023: €17k
2024: €32k
2019 → 2025
Total assets
€867k▲ 3.8%
2024 · €835k
2019: €1.03M
2020: €951k
2021: €809k
2022: €822k
2023: €773k
2024: €835k
2019 → 2025
Net result
€9k▼ 37.5%
2024 · €15k
2019: €2k
2020: €4k
2021: €-224k
2022: €-48k
2023: €2k
2024: €15k
2019 → 2025
Working capital
€30k
2024 · €-203k
2019: €33k
2020: €-75k
2021: €-37k
2022: €-128k
2023: €-123k
2024: €-203k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€15k▼ 75.8%€17k▲ 13.8%€32k▲ 84.5%€166k▲ 421%
Operating result€-256k-€-82k▲ 68.1%€-37k▲ 55.2%€6k€-2k
Net result€-224k-€-48k▲ 78.8%€2k€15k▲ 599%€9k▼ 37.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €867k
Fixed assets
€176k▼ 25.1%
Current assets
€691k▲ 15.2%
Equity and liabilities €867k
Equity
€166k▲ 421%
Debt
€701k▼ 12.7%
The debt ratio falls from 96.2% to 80.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€90k▲
2024 · €84k
Cash flow
€101k▲
2024 · €92k
Solvency
19.1%▲
2024 · 3.8%
Current ratio
1.05▲
2024 · 0.75
Quick ratio
0.58▲
2024 · 0.33
Debt / equity
4.22▼
2024 · 25.21
ROE
5.5%▼
2024 · 45.8%
ROA
1.1%▼
2024 · 1.7%
Interest coverage
3.57▲
2024 · 3.17
Debt
€701k▼
2024 · €804k
Debt ≤ 1 year
€661k▼
2024 · €804k
Debt > 1 year
€40k
Staff costs
€455k▲
2024 · €452k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€835k€867k▲
Fixed assets21/28€235k€176k▼
Tangible fixed assets22/27€235k€176k▼
Land and buildings22€120k€68k▼
Plant, machinery and equipment23€13k€19k▲
Furniture and vehicles24€3k€13k▲
Other tangible fixed assets26€99k€77k▼
Current assets29/58€600k€691k▲
Stocks and contracts in progress3€338k€305k▼
Stocks30/36€338k€305k▼
Amounts receivable within one year40/41€63k€157k▲
Trade receivables40€16k€25k▲
Other amounts receivable41€48k€132k▲
Cash at bank and in hand54/58€178k€225k▲
Deferred charges and accrued income490/1€21k€4k▼
Equity and liabilities
Total equity and liabilities10/49€835k€867k▲
Equity10/15€32k€166k▲
Contributions10/11€179k€304k▲
Capital10€179k€304k▲
Issued capital100€179k€304k▲
Reserves13€108k€108k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€78k€78k=
Profit (loss) carried forward14€-255k€-246k▲
Amounts payable17/49€804k€701k▼
Amounts payable after more than one year17-€40k
Financial debts170/4-€40k
Amounts payable within one year42/48€804k€661k▼
Current portion of amounts payable after more than one year42€507k€588k▲
Trade debts44€109k€30k▼
Suppliers440/4€109k€30k▼
Taxes, remuneration and social security45€57k€38k▼
Taxes450/3€776€10k▲
Remuneration and social security454/9€56k€28k▼
Other amounts payable47/48€131k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€4k€7k▲
Remuneration, social security and pensions62€452k€455k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€92k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€539k€549k▲
Operating profit (loss)9901€6k€-2k▼
Financial income75/76B€36k€36k▲
Recurring financial income75€36k€36k▲
Financial charges65/66B€26k€25k▼
Recurring financial charges65€26k€25k▼
Profit (loss) for the period before taxes9903€15k€9k▼
Income taxes67/77€776-
Profit (loss) for the period9904€15k€9k▼
Profit (loss) for the period to be appropriated9905€15k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-255k€-246k▲
Profit (loss) brought forward from the previous period14P€-270k€-255k▲
Social balance
Average headcount (FTE)908710.110.7▲
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
07-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 37 days late
31-01
Financial
Equity above €150kEq €166k ▲421%
3 profitable years in a row build equity to €166k.
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 17 days late
31-01
Financial
Highest result since 2019net €15k ▲599%
Net result €15k, the highest in the series.
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-01
Financial
Weakest financial yearnet €-224k ▼5761%
Net result drops to €-224k, the lowest in the series; recovery starts the following year.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 181 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Heist-op-den-Berg · 1 establishment unit since 1976
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.
Louis Van Bauwelstraat(WIE) 162222 Heist-op-den-BergGround area
1,249 m²
Building footprint
12 m²
Volume, LiDAR
28 m³
Parcel 12039A0554/00N000, Flanders · tallest building 3.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PVBA HELOU
since 19762.012.532.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12039A0554/00N000 | Flanders | 1,249 m² | 1 · 12 m² | 3.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 12,281 EUR awarded · 10,616 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 8,717 EUR | 9,671 EUR |
| 2023 | 1 | 3,564 EUR | 945 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,268 companies in sector 47512 we hold annual accounts for 579. 481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1976
Fiscal year end31-01
Activities, NACEBEL
47512Retail sale of household textiles and bedding
47711Retail sale of women's outerwear
52410
52423
47715Retail trade
47721Retail sale of footwear
47784Retail sale of souvenirs and religious articles
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.