Financials
- Financial year
- 2025
- Total assets
- €1.0m
- Profit
- €59,721
- Solvency
- 58.6%
Total assets▼ 17.7%
Net result
20222025
HELS
ActiveSummary
HELS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €603,458 and a net result of €59,721. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 66% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Promotion and organisation of arts and performing arts events
NACE 90391
1 site
Size
€1.0mtotal assets 2025
- Staff
- 12.1 FTE
- Equity
- €603,458
- Profit
- €59,721
Turnover not published (abbreviated format)
Structure
- Largest shareholder
- DOE VOORT · 50%
- Bidco 26Director · permanent representative AMGHAR Rachid
- SCHUURHOVENDirector · permanent representative JANSSEN Wout
- House of HospitalityDirector
Auditor: VGD Bedrijfsrevisoren2025 accounts 2 days early5 of 7 deeds summarised
Why 89raises riskSize: 12.1 FTE, total assets €1.0mlowers riskSector: Arts creation and performing arts activities (NACE 90)Equity €603,458 (58.6% of total assets)Figures for financial year 2025 (filed 29-07-2026)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 90, small)
Financial strength · tick = 2024
Strong
Solvency
84+28
equity 58.6% of total assets
Liquidity
39+14
short-term debt 41.4% · cash 7.2%
Profitability
76+50
return on assets 5.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.3%▼ -0.1 percentage points vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.2%▼ -0.4 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.07, compared with 0.84 in 2024, below the usual 1.5; short-term debt: 41.4% and cash: 7.2% of total assets), and 41.4% 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 90, small): better than 69% on solvency, 20% on liquidity, 63% on profitability and 89% on growth.
The bankruptcy probability was computed on 25-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 days early
2024
3 days early
2023
44 days early
2022
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 23 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignations: Larson, Schuurhoven and 2 othersPermanent representatives: AMGHAR Rachid, JANSSEN…
- Resignations: ICE-DIMENSION (director and day-to-day manager)…Power of attorney
Key points
- Positive: Back in profit in 2025after -€51,175 in 2024 €59,721 View
- Board changedlatest change 25-06-2026 · 3 in office 3 joined · 2 left View
- Among the largest 15% on gross marginsector median €96,396 · 621 companies €817,026 View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- DOE VOORT · 50%
- Auditor
- VGD Bedrijfsrevisoren
- Bidco 26Director
- SCHUURHOVENDirector
- House of HospitalityDirector
Network & group
- Connected companies
- 6
Timeline
- Events
- 12
- Since
- 2023
- Next accounts
- by 31-07-2027
- 20-03-2026Appointment: VGD Bedrijfsrevisoren (statutory auditor)
- 31-12-2025Back to profit
- 31-12-2025Equity above €500,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Promotion and organisation of arts and performing arts…NACE 90391
- Founded
- 24-03-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 13
- Who signs
- Two directors jointly
- Annual meeting
- Third Friday of June at 14:00
- Purpose
- “(a) de organisatie, bijstand, promotie, logistieke ondersteuning, opslag, verhuur…” (deed in Dutch)
Key facts about HELS
- What is the company number of HELS?
- 0765.583.683. In Belgium the VAT number is the company number with BE in front: BE 0765.583.683.
- Where is HELS based?
- The registered office is at Industrieweg 122G, 9032 Gent.Company details
- What does HELS do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of HELS?
- Private limited company (BV).
- When was HELS founded?
- On 24-03-2021.
- Is HELS still active?
- Yes, HELS is an active enterprise in the KBO register.
- How many employees does HELS have?
- On average 12.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HELS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is HELS profitable?
- In financial year 2025, HELS made a profit of €59,721.
- Where can I find the annual accounts of HELS?
- HELS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HELS due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to HELS
Shareholders
- DOE VOORT50%
- Flying Services50%
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