Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HELUCA from Deinze, company number BE0401058772, closed financial year 2025 with a result of € 10.4 million after tax. For that financial year HELUCA recorded revenue of € 4.4 million and equity of € 50.9 million. Compared with financial year 2024, the result moved from € 8.5 million to € 10.4 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 50.9 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10.4 million
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 1,200
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.9
Average over the fiscal year, from the social balance sheet.
€ 900,652
▲ 3% vs 2024
€ 310,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 50.1 million
▼ 7% vs 2024
€ 602,805 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 6 million
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 652 days on average.
€ 134,301
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,391,754 | € 3,383,739 | € 4,367,875 | € 4,395,369 | ▲ 1% |
| Profit after taxes | € 8,269,216 | € 3,671,168 | € 8,485,003 | € 10,407,386 | ▲ 23% |
| Equity | € 67,301,142 | € 57,814,066 | € 54,216,909 | € 50,941,981 | ▼ 6% |
| Total debts | € 34,699,938 | € 49,536,761 | € 57,658,692 | € 56,244,136 | ▼ 2% |
| Cash | € 52,236 | € 63,429 | € 9,024 | € 1,200 | ▼ 87% |
| Retained profit | € 50,702,153 | € 41,215,077 | € 37,617,920 | € 34,342,992 | ▼ 9% |
| Dividend | € 14,479,287 | € 13,158,244 | € 12,082,161 | € 13,682,314 | ▲ 13% |
| Bank debt | € 33,967,623 | € 48,402,615 | € 53,704,823 | € 50,109,343 | ▼ 7% |
| Balance sheet total | € 102,001,080 | € 107,350,828 | € 111,875,601 | € 107,186,117 | ▼ 4% |
| Employees (FTE) | 2 | 2.9 | 2.9 | 2.9 |
Key figures of HELUCA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HELUCA?
What happened at HELUCA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10.4 million (▲ 23% vs 2024). filed late Source: NBB ↗
- Lode Versele stepped down as director. NBB
- Stefan Versele stepped down as director. NBB
- Gwijde Versele stepped down as director. NBB
- Lode Versele became a director. NBB
- Gwijde Versele became a director. NBB
- Stefan Versele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8.3 million profit in 2022 to € 10.4 million profit in 2025.
Paid € 600,876 in corporate taxes since 2022.
Best year ever: 2025, with € 10.4 million profit.
Paid out € 53.4 million in dividends to the owners in total.
Management
It owns 100% of VERLACOR, 100% of APAF Inc, 100% of BOSCOR, 100% of DORST, 100% of NORD Sp. z.o.o. and 100% of VOLYS STAR itself.
Directors
According to the 2025 annual accounts
Stefan Versele
Managing director
Also active at: Verlatrans, MOLENS MARIMAN, Duvaco, BOSMOLEN, FINVOL PSI, VERLABREED, R.P.S., VERLINFO +27 more
since 2020 · until 2026
Lode Versele
Director
Also active at: Verlatrans, R.P.S., VERLINFO, VERLA-SEEDS, Versele-Laga, Hubstef, OROPHARMA, ORLUX +8 more
since 2024 · until 2026
Gwijde Versele
Managing director
Also active at: Verlatrans, MOLENS MARIMAN, Volys Star, Duvaco, BOSMOLEN, FINVOL PSI, VERLABREED, R.P.S. +28 more
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Kapellestraat 70
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Verlatrans same network
€ 469,688 gross margin · 2025
MOLENS MARIMAN same network
€ 41,762 gross margin · 2025
Duvaco same network
€ -88 gross margin · 2025
BOSMOLEN same network
€ 280,772 gross margin · 2025
FINVOL PSI same network
€ -9,962 gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.058.772
- VAT number
- BE 0401.058.772
- Registered office
- Kapellestraat 70, 9800 Deinze
- Names & denominations
- HELUCA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings