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 62 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
HELI from Wetteren, company number BE0423833085, closed financial year 2025 with a result of € 419,399 after tax. For that financial year HELI recorded revenue of € 18.6 million and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 107,456 to € 419,399. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 4.5 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 419,399
▲ 290% vs 2024
Profit after tax over the fiscal year.
€ 19,850
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
52.7
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▼ 6% vs 2024
€ 74,600 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.
€ 11.5 million
▼ 3% vs 2024
Of which on lease € 11.4 million.
Debts at end 2025
€ 11.3 million
▼ 7% vs 2024
€ 3.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2 million
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 932,427
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,573,658 | € 19,547,903 | € 19,786,795 | € 18,550,068 | ▼ 6% |
| Profit after taxes | € 286,225 | € 217,151 | € 107,456 | € 419,399 | ▲ 290% |
| Equity | € 3,735,610 | € 3,952,761 | € 4,060,216 | € 4,479,615 | ▲ 10% |
| Total debts | € 14,762,644 | € 13,490,197 | € 14,504,383 | € 14,216,225 | ▼ 2% |
| Cash | € 569,113 | € 598,279 | € 98,311 | € 19,850 | ▼ 80% |
| Land & buildings | € 1,366,838 | € 1,301,144 | € 1,216,911 | € 1,150,721 | ▼ 5% |
| Retained profit | € 790,509 | € 1,007,660 | € 1,115,116 | € 1,534,514 | ▲ 38% |
| Bank debt | € 10,848,870 | € 10,130,903 | € 12,172,490 | € 11,274,314 | ▼ 7% |
| Balance sheet total | € 18,647,057 | € 17,599,844 | € 18,812,815 | € 19,085,614 | ▲ 1% |
| Employees (FTE) | 59 | 55.3 | 54.1 | 52.7 | ▼ 1.4 |
Key figures of HELI, 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 HELI?
What happened at HELI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 419,399 (▲ 290% vs 2024). Source: NBB ↗
- Pygma BV became a director. NBB
- Gufos BV became a director. NBB
- Fedrus International NV became a director. NBB
- Heli Group became a director. NBB
- New establishment in Enghien. KBO
- New establishment in Boom. KBO
- New establishment in Wetteren. KBO
In short
From € 286,225 profit in 2022 to € 419,399 profit in 2025.
Paid € 120,562 in corporate taxes since 2022.
Best year ever: 2025, with € 419,399 profit.
Pays suppliers within 69 days on average.
Management
The stake of HELI GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HELIBehind HELI are Pygma BV, Gufos BV, Fedrus International NV and Heli Group. The shares are held by HELI GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Vandendriessche
Also active at: Plastivan, EXTRUMAT, VM BUILDING SOLUTIONS, LUMOPLAS, VAN OVERSCHELDE, APOK, PLASTIVAN PLASTICS, HIGH & SAFE +4 more
since 2024
Director · represented by Steven Geirnaert
Also active at: Plastivan, EXTRUMAT, VM BUILDING SOLUTIONS, LUMOPLAS, VAN OVERSCHELDE, APOK, PLASTIVAN PLASTICS, HIGH & SAFE +4 more
since 2024
Director · represented by Mark Vandecruys
Owns 100% via HELI GROUP
Also active at: VM BUILDING SOLUTIONS, APOK, HIGH & SAFE, HELI-TRANS, BULLSWAP, AEROBEL, HELI GROUP
since 2024
Director · represented by Johan Symoens
since 2022
Shareholders
HELI GROUP · holding of Fedrus International NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vantegemstraat 9
9230 Wetteren
Rupelweg 7
2850 Boom
Active since 15 December 2017
Aatsesteenweg 244
7850 Enghien
Active since 1 July 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0423.833.085
- VAT number
- BE 0423.833.085
- Registered office
- Vantegemstraat 9, 9230 Wetteren
- Names & denominations
- HELI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1983
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- heli.be
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Groothandel in aanhangwagens, opleggers en caravans
Handel in aanhangwagens, opleggers en caravans