HELSSEN
ActiveHELSSEN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €-18k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▲+6
Solvency77▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.54 in 2024; short-term debt: 38.1% and cash: 12.6% of total assets), and 47.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.3%
Return on assets
-7.8%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 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
2025
28 d late
2024
18 d late
2023
9 d late
2022
59 d late
2021
70 d late
2020
2 d early
2019
11 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€124k▼ 13.0%
2024 · €142k
2019: €78k
2020: €111k
2021: €120k
2022: €147k
2023: €175k
2024: €142k
2019 → 2025
Total assets
€237k▼ 8.2%
2024 · €258k
2019: €432k
2020: €551k
2021: €296k
2022: €378k
2023: €329k
2024: €258k
2019 → 2025
Net result
€-18k▲ 43.8%
2024 · €-33k
2019: €16k
2020: €34k
2021: €9k
2022: €27k
2023: €28k
2024: €-33k
2019 → 2025
Working capital
€-56k▼ 47.8%
2024 · €-38k
2019: €82k
2020: €123k
2021: €-73k
2022: €-44k
2023: €-10k
2024: €-38k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€120k-€147k▲ 22.8%€175k▲ 19.2%€142k▼ 18.8%€124k▼ 13.0%
Operating result€18k-€48k▲ 165%€45k▼ 6.2%€-30k€-23k▲ 22.8%
Net result€9k-€27k▲ 217%€28k▲ 3.6%€-33k€-18k▲ 43.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €30k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets
€202k▼ 5.4%
Current assets
€34k▼ 21.9%
Equity and liabilities €237k
Equity
€124k▼ 13.0%
Debt
€113k▼ 2.2%
The debt ratio rises from 44.8% to 47.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-11k
Cash flow
€158▲
2024 · €-15k
Solvency
52.3%▼
2024 · 55.2%
Current ratio
0.38▼
2024 · 0.54
Quick ratio
0.38▼
2024 · 0.54
Debt / equity
0.91▲
2024 · 0.81
ROE
-14.9%▲
2024 · -23.1%
ROA
-7.8%▲
2024 · -12.8%
Interest coverage
-1.82▲
2024 · -3.72
Debt
€113k▼
2024 · €116k
Debt ≤ 1 year
€90k▲
2024 · €82k
Debt > 1 year
€22k▼
2024 · €34k
Income taxes
€-7k▼
2024 · €48
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€258k€237k▼
Fixed assets21/28€214k€202k▼
Tangible fixed assets22/27€214k€202k▼
Land and buildings22€209k€193k▼
Plant, machinery and equipment23€162€0▼
Furniture and vehicles24€5k€10k▲
Current assets29/58€44k€34k▼
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€3k€3k=
Other amounts receivable41€8k€402▼
Cash at bank and in hand54/58€32k€30k▼
Deferred charges and accrued income490/1€1k€966▼
Equity and liabilities
Total equity and liabilities10/49€258k€237k▼
Equity10/15€142k€124k▼
Contributions10/11€19k€19k=
Reserves13€157k€157k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€155k€155k=
Profit (loss) carried forward14€-33k€-51k▼
Amounts payable17/49€116k€113k▼
Amounts payable after more than one year17€34k€22k▼
Financial debts170/4€31k€19k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€82k€90k▲
Current portion of amounts payable after more than one year42€12k€12k▼
Trade debts44€13k€10k▼
Suppliers440/4€13k€10k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€57k€68k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-9k€-2k▲
Operating profit (loss)9901€-30k€-23k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-33k€-25k▲
Income taxes67/77€48€-7k▼
Profit (loss) for the period9904€-33k€-18k▲
Profit (loss) for the period to be appropriated9905€-33k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-51k▼
Profit (loss) brought forward from the previous period14P-€-33k
Transfer to equity691/2€0-
To other reserves6921€0-
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
Next filing, fiscal year 2026, expected by
2026
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-06
Financial
Weakest financial yearnet €-33k ▼216%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
30-06
Financial
Equity above €150kEq €175k ▲19.2%
5 profitable years in a row build equity to €175k.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €34k ▲105%
Operating result €58k, net result €34k, both a record.
30-06
Financial
Equity above €100kEq €111k ▲43.3%
2 profitable years in a row build equity to €111k.
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
18-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brasschaat · 1 establishment unit since 1997
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.
Leopoldslei 752930 BrasschaatGround area
1,601 m²
Building footprint
331 m²
Volume, LiDAR
2,201 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HELSSEN
since 19972.079.905.078
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11014H0467/00V000 | Flanders | 1,044 m² | 1 · 217 m² | 10.7 m · 2 fl. |
| 11324D0751/00V002 | Flanders | 557 m² | 1 · 114 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
GL PRO
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VERINO
BE 0787.772.731
Wevelgem · Eq €123k
DEWULF STIJN
BE 0679.537.854
Oostkamp · Eq €124k
Tim Walschaerts
BE 0755.912.387
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RENOBAS
BE 0765.778.475
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 3,041 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-1996
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.