HELYX
InactiveSignals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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
2020
30 d late
2019
87 d late
2018
20 d late
2017
2 d late
2016
45 d early
2015
19 d late
2014
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€18,542▲ 25.5%
2019 · -€24,889
Working capital
€33,816▼ 29.6%
2019 · €48,052
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€12,800--€24,049▼ 87.9%-€18,347▲ 23.7%
Net result-€14,151--€24,889▼ 75.9%-€18,542▲ 25.5%
Equity€77,610-€52,721▼ 32.1%€34,179▼ 35.2%
Total assets€183,938-€133,342▼ 27.5%€35,652▼ 73.3%
Debt€106,328-€80,621▼ 24.2%€1,473▼ 98.2%
Working capital€72,460-€48,052▼ 33.7%€33,816▼ 29.6%
Staff (FTE)0.8-0.8=
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,347 in 2020 against €24,049 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €35,652
Fixed assets
€363 ▼ 92.2%
Current assets
€35,289 ▼ 72.6%
Equity and liabilities €35,652
Equity
€34,179 ▼ 35.2%
Debt
€1,473 ▼ 98.2%
Debt's share of the balance-sheet total falls from 60.5% to 4.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
23.95▲
2019 · 1.60
ROE
-54.3%▼
2019 · -47.2%
ROA
-52.0%▼
2019 · -18.7%
Debt ≤ 1 year
€1,473▼
2019 · €80,621
Income taxes
€43▼
2019 · €72
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €144 | €4,306 | - | - |
| Gross operating margin9900 | €17,835 | €47,390 | €3,447 | ▼ 92.7% |
| Operating profit (loss)9901 | -€12,800 | -€24,049 | -€18,347 | ▲ 23.7% |
| Recurring financial income75 | €27 | - | €646 | - |
| Recurring financial charges65 | €1,378 | €768 | €798 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | -€14,151 | -€24,817 | -€18,499 | ▲ 25.5% |
| Income taxes67/77 | - | €72 | €43 | ▼ 39.7% |
| Profit (loss) for the period9904 | -€14,151 | -€24,889 | -€18,542 | ▲ 25.5% |
| Profit (loss) for the period to be appropriated9905 | -€14,151 | -€24,889 | -€18,542 | ▲ 25.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €183,938 | €133,342 | €35,652 | ▼ 73.3% |
| Fixed assets21/28 | €5,151 | €4,669 | €363 | ▼ 92.2% |
| Tangible fixed assets22/27 | €288 | €4,306 | - | - |
| Financial fixed assets28 | €4,863 | €363 | €363 | = |
| Current assets29/58 | €178,787 | €128,672 | €35,289 | ▼ 72.6% |
| Amounts receivable within one year40/41 | €173,480 | €116,701 | €31,031 | ▼ 73.4% |
| Cash at bank and in hand54/58 | €3,308 | €9,020 | €4,259 | ▼ 52.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €183,938 | €133,342 | €35,652 | ▼ 73.3% |
| Equity10/15 | €77,610 | €52,721 | €34,179 | ▼ 35.2% |
| Contributions10/11 | €19,000 | €19,000 | - | - |
| Reserves13 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €56,710 | €31,821 | €13,279 | ▼ 58.3% |
| Amounts payable17/49 | €106,328 | €80,621 | €1,473 | ▼ 98.2% |
| Amounts payable within one year42/48 | €106,328 | €80,621 | €1,473 | ▼ 98.2% |
| Trade debts44 | €93,753 | €60,078 | €471 | ▼ 99.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,151 | -€24,889 | -€18,542 | ▲ 25.5% |
| + Depreciation and write-downs630 | €144 | €4,306 | - | - |
| Operating cash flow (approximation) | -€14,008 | -€20,583 | -€18,542 | ▲ 9.9% |
| Investment in fixed assets (approximation) | - | -€3,825 | €4,306 | ▲ 213% |
| Change in cash | - | €5,712 | -€4,761 | ▼ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
11-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 03-01-2023
2021
11-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-10-2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity times 15current ratio 23.95
Current ratio from 1.60 to 23.95; short-term debt falls from €80,621 to €1,473.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Weakest financial yearnet -€24,889
Net result drops to -€24,889, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
2014
01-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 62 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 163 days late
2012
21-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LUC AUSTRAET Avenue Commandant Lothaire 14, 1040 Bruxelles 4 |
04-10-2021 → 03-01-2023 |