Helsen Tim AD
ActiveSummary
Helsen Tim AD has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €27k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency94▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 1.96 in 2024; short-term debt: 31% and cash: 75.6% of total assets), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
33.8%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
17 d early
2023
13 d early
2022
6 d early
2021
3 d early
2020
2 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 96.3%
2024 · €28k
2018: €5k
2019: €12k
2020: €20k
2021: €16k
2022: €24k
2023: €19k
2024: €28k
2018 → 2025
Total assets
€79k▲ 50.3%
2024 · €53k
2018: €81k
2019: €75k
2020: €72k
2021: €47k
2022: €58k
2023: €59k
2024: €53k
2018 → 2025
Net result
€27k▲ 202%
2024 · €9k
2018: €3k
2019: €6k
2020: €8k
2021: €-4k
2022: €8k
2023: €-5k
2024: €9k
2018 → 2025
Working capital
€50k▲ 110%
2024 · €24k
2018: €-19k
2019: €-373
2020: €18k
2021: €15k
2022: €24k
2023: €13k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€24k▲ 52.0%€19k▼ 21.3%€28k▲ 46.8%€55k▲ 96.3%
Operating result€-4k-€11k€-6k€10k€39k▲ 292%
Net result€-4k-€8k€-5k€9k€27k▲ 202%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 292% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€5k ▲ 18.0%
Current assets
€74k ▲ 52.9%
Equity and liabilities €79k
Equity
€55k ▲ 96.3%
Debt
€25k ▼ 1.2%
Debt's share of the balance-sheet total falls from 47.2% to 31.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2024 · €12k
Cash flow
€29k▲
2024 · €11k
Current ratio
3.03▲
2024 · 1.96
Debt to equity
0.45▼
2024 · 0.89
ROE
49.1%▲
2024 · 31.9%
ROA
33.8%▲
2024 · 16.8%
Interest coverage
108.55▲
2024 · 32.24
Debt ≤ 1 year
€25k▼
2024 · €25k
Income taxes
€13k▲
2024 · €770
Staff costs
€636
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€53k€79k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Land and buildings22€454€336▼
Furniture and vehicles24€4k€4k▲
Current assets29/58€49k€74k▲
Amounts receivable within one year40/41€17k€10k▼
Trade receivables40€10k€6k▼
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€28k€60k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€53k€79k▲
Equity10/15€28k€55k▲
Contributions10/11€2k€2k=
Reserves13€18k€45k▲
Distributable reserves133€18k€45k▲
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€25k€25k▼
Amounts payable within one year42/48€25k€25k▼
Trade debts44€246€6k▲
Suppliers440/4€246€6k▲
Taxes, remuneration and social security45€0€572▲
Taxes450/3-€572
Remuneration and social security454/9€0-
Other amounts payable47/48€25k€18k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€636
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€569€818▲
Gross operating margin9900€13k€43k▲
Operating profit (loss)9901€10k€39k▲
Financial income75/76B€0€427▲
Recurring financial income75€0€427▲
Financial charges65/66B€381€384▲
Recurring financial charges65€381€384▲
Profit (loss) for the period before taxes9903€10k€39k▲
Income taxes67/77€770€13k▲
Profit (loss) for the period9904€9k€27k▲
Profit (loss) for the period to be appropriated9905€9k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€35k▲
Profit (loss) brought forward from the previous period14P€-1k€8k▲
Transfer from equity791/2€0-
Transfer to equity691/2-€27k
To other reserves6921-€27k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €27k ▲202%
Operating result €39k, net result €27k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k ▼162%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Westerlo · 1 establishment unit since 2017
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.
Smissenhoekstraat 162260 WesterloGround area
376 m²
Building footprint
183 m²
Volume, LiDAR
893 m³
Parcel 13052A0263/00L000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Helsen Tim AD
since 20172.271.902.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13052A0263/00L000 | Flanders | 376 m² | 1 · 183 m² | 9.5 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.
Similar companies · same sector, comparable size
ALIJA DAKWERKEN
BE 0758.614.630
Wommelgem · Eq €54,462
CUYPERS ET FILS
BE 0767.598.909
Thimister-Clermont · Eq €54,431
DAKWERKEN HUSSON
BE 0867.634.217
Beringen · Eq €54,397
GCB Toitures
BE 0755.522.112
Antoing · Eq €54,326
DAKWERKEN SCHERPEREEL
BE 0666.879.849
Kortrijk · Eq €54,312
Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.