Active BE 0441.484.810Public limited company

IMMO - HELRO

Oever 4 ·2630 Aartselaar, Belgium· 36 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of IMMO - HELRO is 0.5% (low). The 2024 annual accounts show equity of €2.28M and a net result of €55k. Equity is growing by ~5.2% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€2.28M
Net result	€55k
Active	36 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

70 / 100

Strong profile, led by solvency.

Health 86

Profitability 12

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.5% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1990, 36 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

86 / 100 Excellent

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~5.2%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€152k

-84.6% 18-24

Net profit

€55k

-90.9% 18-24

Cash flow

€126k

-82.1% 18-24

Total assets

€2.36M

-15.9% 18-24

Equity

€2.28M

+2.5% 18-24

Working capital

€491k

+27.0% 18-24

Income taxes

€26k

-90.9% 18-24

Dividends

€80k

- 18-24

Debt

€78k

-86.5% 18-24

Debt ≤ 1y

€76k

-86.8% 18-24

Debt > 1y

€2k

+49.0% 18-24

Current ratio

7.47

+346.9% 18-24

Quick ratio

7.47

+346.9% 18-24

Solvency

96.7%

+21.8% 18-24

Debt / equity

0.03

-86.8% 18-24

ROE

2.4%

-91.1% 18-24

ROA

2.3%

-89.2% 18-24

Interest coverage

701.46

-85.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€152k
Net profit	€55k
Cash flow	€126k
Staff costs	-
Income taxes	€26k
Dividends	-
Total assets	€2.36M
Equity	€2.28M
Debt	€78k
of which ≤ 1y	€76k
of which > 1y	€2k
Working capital	€491k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	7.47
Quick ratio	7.47
Working capital ratio	20.8%
Solvency	96.7%
Debt / equity	0.03
Long-term debt ratio	0.00
Interest coverage	701.46
Gross margin	-
Net margin	-
ROA	2.3%
ROE	2.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €1.79M · 76.0% Current assets €567k · 24.0%

Equity & liabilities

Equity €2.28M · 96.7% Debt €78k · 3.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.36M
Fixed assets	21/28	€1.79M
Tangible fixed assets	22/27	€1.79M
Current assets	29/58	€567k
Cash & bank	54/58	€539k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.36M
Equity	10/15	€2.28M
Contributions / capital	10/11	€903k
Reserves	13	€1.21M
Accumulated profits (losses)	14	€173k
Amounts payable	17/49	€78k
Amounts payable after one year	17	€2k
Amounts payable within one year	42/48	€76k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€189k
Operating result	9901	€81k
Financial income	75	€10
Financial charges	65	€216
Result before taxes	9903	€81k
Income taxes	67/77	€26k
Net result for the period	9904	€55k
Result to be appropriated	9905	€55k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	16-07-1990
Status	Active
Postal code	2630

Establishment units 1 location

Oever 4 A, 2630 Aartselaar

Overige financiële instellingen, n.e.g.

since 19902.049.038.985

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11372D0126/00D002	Flanders	7,925 m²	1 · 2,148 m²	7.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

23-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

15-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

21-02-2024

State Gazette act Capital & shares

Julie DE HERDT

2023

14-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

25-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

31-08-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

16-09-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

12-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

13-11-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

10-07-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

13-07-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

Capital history · 1

21-02-2024

Capital change

All acts · 1 updated 2 years ago

2024

21-02-2024 Capital decrease of €420,000 to €902,760 Capital & shares·Julie DE HERDT

€1.322.760 → €902.760
2 kapitaalbewegingen in deze akte

Notary: Julie DE HERDT · HoveFirm: DE HERDT & MAES, geassocieerde notarissen

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "capital_increase",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_class_conversion",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_split",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "capital_decrease",
      "after_eur": 902760.0,
      "delta_eur": -420000.0,
      "before_eur": 1322760.0,
      "decrease_purpose": "distribution_to_shareholders",
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": 500000.0,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "statutory_reserve_release",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": "convert_to_distributable"
    },
    {
      "kind": "other",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "other",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": "Julie DE HERDT",
    "firm_city": null,
    "firm_name": "DE HERDT \u0026 MAES, geassocieerde notarissen",
    "office_city": "Hove",
    "is_associated": true
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-02-21",
    "filing_date": "2024-02-19",
    "act_kind_objet": "ALGEMENE VERGADERING, ONTSLAGEN, BENOEMINGEN, KAPITAAL, AANDELEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-12-29",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0441.484.810",
    "name_full": "IMMO - HELRO",
    "legal_form": "Naamloze vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "voor eensluidend verklaard afschrift van de akte v\u00F3\u00F3r registratie",
    "geco\u00F6rdineerde statuten",
    "volmacht"
  ],
  "shareholders_after": [],
  "share_classes_after": [
    {
      "n_shares": 16008,
      "class_name": "Aandelen met stemrecht",
      "capital_share_eur": 902760.0,
      "voting_rights_per_share": 1.0
    }
  ]
}

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

AI-generated from Checked data; indicative, not legal or investment advice.

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameNL

IMMO - HELRO

Registered office

Oever 4

2630 Aartselaar, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.