Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.8 to 11.8.
Financials
Financial year 2025
HELLYN from Tielt, company number BE0430130365, closed financial year 2025 with a result of € 14,026 after tax. For that financial year HELLYN recorded a gross margin of € 907,836 and equity of € 69,687. Compared with financial year 2024, the result moved from € -156,857 to € 14,026. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 69,687
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,026
▲ still € 156,857 loss in 2024
Profit after tax over the fiscal year.
€ 79,813
▲ 12% 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 € -75,855.
People and assets in 2025
11.8
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 819,952
▼ 8% vs 2024
€ 69,500 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.
€ 649
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 10% vs 2024
€ 93,324 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 200,330
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,612
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,066,489 | € 633,621 | € 815,351 | € 907,836 | ▲ 11% |
| Profit after taxes | € -89,443 | € -412,377 | € -156,857 | € 14,026 | ▲ € 170,883 |
| Equity | € 504,245 | € 91,868 | € 55,661 | € 69,687 | ▲ 25% |
| Total debts | € 2,104,259 | € 2,221,754 | € 1,459,725 | € 1,586,745 | ▲ 9% |
| Cash | € 205,647 | € 241,011 | € 71,012 | € 79,813 | ▲ 12% |
| Land & buildings | € 712 | € 641 | € 563 | € 486 | ▼ 14% |
| Retained profit | € 459,245 | € 46,868 | € -99,935 | € -75,855 | ▲ € 24,080 |
| Bank debt | € 1,627,771 | € 1,457,466 | € 1,041,996 | € 1,149,116 | ▲ 10% |
| Balance sheet total | € 2,611,880 | € 2,315,456 | € 1,516,312 | € 1,659,271 | ▲ 9% |
| Employees (FTE) | 15.1 | 14.8 | 14.1 | 11.8 | ▼ 2.3 |
Key figures of HELLYN, 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 HELLYN?
What happened at HELLYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,026. Source: NBB ↗
- CREPRETO NV became a director. NBB
- INDUSTRIAL PACKAGING SOLUTIONS BV became a director. NBB
- Gc Consulting NV became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,443 loss in 2022 to € 14,026 profit in 2025.
Paid € 1,103 in corporate taxes since 2022.
Best year ever: 2025, with € 14,026 profit.
On average € 76,900 of value added per employee in 2025.
Management
The stake of CREPRETO, DUCAJU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HELLYNBehind HELLYN are Gc Consulting NV, CREPRETO NV and INDUSTRIAL PACKAGING SOLUTIONS BV. The shares are held by CREPRETO (100%) and DUCAJU (25%).
Directors
According to the 2025 annual accounts
Director · represented by Casselman Geert
Also active at: DCP, MIVOMAP, CREPRETO, DUCAJU, AQUAE FORTUNA
since 2017
Director · represented by Buyck Emmanuel
since 2024
INDUSTRIAL PACKAGING SOLUTIONS BV
Director · represented by Du Caju Tom
Also active at: BDMO, MIVOMAP, CREPRETO, DUCAJU, AQUAE FORTUNA
since 2018
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 43
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0430.130.365
- VAT number
- BE 0430.130.365
- Registered office
- Ambachtenlaan 43, 8760 Tielt
- Names & denominations
- HELLYN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1986
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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