Helrud Export
ActiveHelrud Export has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €230k and a net result of €41k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-2
Solvency99▲+14
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 4.39 in 2023; short-term debt: 11.4% and cash: 19.3% of total assets), and 26.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
8 d early
2022
32 d early
2021
39 d early
2020
44 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€230k▲ 21.4%
2023 · €190k
2018: €345k
2019: €350k
2020: €84k
2021: €118k
2022: €143k
2023: €190k
2018 → 2024
Total assets
€313k▼ 1.7%
2023 · €318k
2018: €487k
2019: €412k
2020: €358k
2021: €360k
2022: €329k
2023: €318k
2018 → 2024
Net result
€41k▼ 13.8%
2023 · €47k
2018: €-7k
2019: €6k
2020: €78k
2021: €34k
2022: €25k
2023: €47k
2018 → 2024
Working capital
€89k▼ 3.5%
2023 · €92k
2018: €218k
2019: €163k
2020: €77k
2021: €77k
2022: €81k
2023: €92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€118k▲ 39.7%€143k▲ 20.9%€190k▲ 33.1%€230k▲ 21.4%
Operating result€130k-€61k▼ 52.9%€41k▼ 33.2%€81k▲ 98.3%€72k▼ 10.8%
Net result€78k-€34k▼ 57.0%€25k▼ 26.4%€47k▲ 91.3%€41k▼ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €313k
Fixed assets
€188k▼ 5.4%
Current assets
€124k▲ 4.4%
Equity and liabilities €313k
Equity
€230k▲ 21.4%
Debt
€82k▼ 35.9%
The debt ratio falls from 40.4% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▼
2023 · €98k
Cash flow
€51k▼
2023 · €64k
Solvency
73.6%▲
2023 · 59.6%
Current ratio
3.50▼
2023 · 4.39
Quick ratio
1.99▼
2023 · 2.42
Debt / equity
0.36▼
2023 · 0.68
ROE
17.7%▼
2023 · 24.9%
ROA
13.0%▼
2023 · 14.8%
Interest coverage
10.39▼
2023 · 11.58
Debt
€82k▼
2023 · €129k
Debt ≤ 1 year
€36k▲
2023 · €27k
Debt > 1 year
€40k▼
2023 · €101k
Income taxes
€24k▼
2023 · €25k
Staff costs
€23k▲
2023 · €22k
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€318k€313k▼
Fixed assets21/28€199k€188k▼
Tangible fixed assets22/27€199k€188k▼
Land and buildings22€187k€181k▼
Furniture and vehicles24€12k€7k▼
Financial fixed assets28€135€135=
Current assets29/58€119k€124k▲
Stocks and contracts in progress3€54k€54k=
Stocks30/36€54k€54k=
Amounts receivable within one year40/41-€920
Trade receivables40-€920
Cash at bank and in hand54/58€62k€60k▼
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€318k€313k▼
Equity10/15€190k€230k▲
Contributions10/11€20k€20k=
Reserves13€170k€210k▲
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Distributable reserves133€169k€210k▲
Amounts payable17/49€129k€82k▼
Amounts payable after more than one year17€101k€40k▼
Financial debts170/4€6k€2k▼
Other amounts payable178/9€96k€37k▼
Amounts payable within one year42/48€27k€36k▲
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44€13k€17k▲
Suppliers440/4€13k€17k▲
Advances received on contracts in progress46-€116
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9€3k€3k▲
Accrued charges and deferred income492/3-€7k
Income statement
Code20232024
Remuneration, social security and pensions62€22k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€11k▼
Other operating charges640/8€24k€25k▲
Gross operating margin9900€144k€130k▼
Operating profit (loss)9901€81k€72k▼
Financial income75/76B€3€85▲
Recurring financial income75€3€85▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€72k€64k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€47k€41k▼
Profit (loss) for the period to be appropriated9905€47k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€41k▼
Transfer to equity691/2€47k€41k▼
To other reserves6921€47k€41k▼
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
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €230k ▲21.4%
6 profitable years in a row build equity to €230k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €190k ▲33.1%
5 profitable years in a row build equity to €190k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €118k ▲39.7%
3 profitable years in a row build equity to €118k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €78k ▲1241%
Operating result €130k, net result €78k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Herentals · 1 establishment unit since 1986
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.
Eilandje(HRT) 12200 HerentalsGround area
5,293 m²
Building footprint
1,018 m²
Volume, LiDAR
6,663 m³
Parcel 13302D0559/00R000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELRUD EXPORT
since 19862.034.705.652
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0559/00R000 | Flanders | 5,292 m² | 1 · 1,018 m² | 8.7 m · 2 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
2022 · 1 entry · 113 EUR awarded · 113 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 113 EUR | 113 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-1986
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
01430Raising of horses and other equines
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.