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HELUKABEL BELGIUM

Active
Private limited companyfounded 2009active for 17 yearsZ. 1 Researchpark 290, 1731 Asse, BelgiumKBO/BCE: BE 0808.802.628

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HELUKABEL BELGIUM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €126,362. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 60% of 125 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 02-01-2009 Normal situation
Activity
Manufacture of electrical equipment NACE 27320and 1 other
Establishment unit
2.230.639.615 1731 Asse, since 30-12-2008
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€12.3m
▲ 1.1%
Profit
€126,362
▼ 54.0%
Equity
€3.1m
▲ 4.3%
Total assets
€6.4m
▼ 8.3%
Staff
11.7 FTE
▼ 4.9%
Filed on 19-06-2026, 42 days before the deadlineat the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 19-06-2026)Founded in 2009Size: turnover €12.3m, 11.7 FTE, total assets €6.4mShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of small companies in electrical equipment (NACE 27)
Financial strength · tick: 2024
Strong
Solvency 73+6
equity 47.9% of total assets
Liquidity 51+3
short-term debt 24.6% · cash 7.8%
Profitability 56-8
return on assets 2.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (92 companies, NACE 27, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.3 percentage points vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.2 percentage points 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: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.49 (2.61 in 2024), above the usual 1.5. Short-term debt is 24.6% and cash 7.8% of total assets. However, 52.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 27, small). It does better than 63% of them on solvency, 62% on liquidity, 42% on profitability and 46% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 19-06-2026)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €12.3m, 11.7 FTE, total assets €6.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
14 days early
2023
37 days early
2022
41 days early
2021
37 days early
2020
11 days late
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% 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 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €274,578 to €126,362 ▼ 54.0% View
  • Positive: 7th largest company by equity in Asse, Manufacturing sectorin the Checked rankings No. 7 View
  • Positive: 8 profitable years in a rowprofit 2025: €126,362 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as HELUKABEL BELGIUM: manufacture of electrical equipment (NACE 27320). They are comparable in size and age: total assets between €828,000 and €17m, founded between 1985 and 2011.

CompanyTotal assetsTurnover
HELUKABEL BELGIUM Asse€6.4m€12.3m
CABELECTRON Dendermonde€1.6m-
LIMKA Sint-Truiden€16.7m€18.5m
ETA - COM B Boom€16.1m€16.5m
Induflex Gent€3.4m€6.0m
ALL LASER TECHNICS Leuven€0.8m-
AXEPT Willebroek€1.1m-
Full comparison

Documents

Annual accounts at the NBB

All 17 annual accounts

Articles and registers

Key facts about HELUKABEL BELGIUM

What is the company number of HELUKABEL BELGIUM?
The company number of HELUKABEL BELGIUM is 0808.802.628. The VAT number is the same number with BE in front: BE 0808.802.628.
Where is HELUKABEL BELGIUM based?
The registered office is at Z. 1 Researchpark 290, 1731 Asse.Company details
What does HELUKABEL BELGIUM do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27320).
What is the legal form of HELUKABEL BELGIUM?
The legal form of HELUKABEL BELGIUM is Private limited company (BV).
When was HELUKABEL BELGIUM founded?
HELUKABEL BELGIUM was founded on 02-01-2009.
Is HELUKABEL BELGIUM still active?
Yes, HELUKABEL BELGIUM is an active enterprise in the KBO register.
How many employees does HELUKABEL BELGIUM have?
HELUKABEL BELGIUM had an average of 11.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HELUKABEL BELGIUM?
The turnover of HELUKABEL BELGIUM was €12.3m in financial year 2025, according to the filed annual accounts.
Is HELUKABEL BELGIUM profitable?
In financial year 2025, HELUKABEL BELGIUM made a profit of €126,362.
Where can I find the annual accounts of HELUKABEL BELGIUM?
HELUKABEL BELGIUM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HELUKABEL BELGIUM due?
HELUKABEL BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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