Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HELLINGS TRADING COMPANY from Bree, company number BE0438879369, closed financial year 2025 with a result of € -436,796 after tax. For that financial year HELLINGS TRADING COMPANY recorded a gross margin of € 189,070 and equity of € 2 million. Compared with financial year 2024, the result moved from € 57,798 to € -436,796. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -436,796
▼ still € 57,798 profit in 2024
Profit after tax over the fiscal year.
€ 469,974
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 701,019.
People and assets in 2025
0.4
Average over the fiscal year, from the social balance sheet.
€ 14,909
▲ € 14,865 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 259,547
▲ 137% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 243% vs 2024
€ 249,226 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 10,856
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,008
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 593,168 | € 599,507 | € 385,704 | € 189,070 | ▼ 51% |
| Profit after taxes | € 188,287 | € 155,697 | € 57,798 | € -436,796 | ▼ € 494,594 |
| Equity | € 2,191,889 | € 2,347,587 | € 2,405,384 | € 1,968,588 | ▼ 18% |
| Total debts | € 4,617,067 | € 2,917,989 | € 2,477,556 | € 4,748,048 | ▲ 92% |
| Cash | € 544,874 | € 277,816 | € 617,193 | € 469,974 | ▼ 24% |
| Land & buildings | € 3,131,134 | € 2,949,448 | € 2,769,106 | € 4,871,566 | ▲ 76% |
| Retained profit | € 924,320 | € 1,080,017 | € 1,137,815 | € 701,019 | ▼ 38% |
| Bank debt | € 2,477,280 | € 1,137,132 | € 935,237 | € 3,206,988 | ▲ 243% |
| Balance sheet total | € 6,808,956 | € 5,265,575 | € 4,882,940 | € 6,716,636 | ▲ 38% |
| Employees (FTE) | - | 0.1 | - | 0.4 |
Key figures of HELLINGS TRADING COMPANY, 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 HELLINGS TRADING COMPANY?
What happened at HELLINGS TRADING COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 436,796 (▼ € 494,594 vs 2024). filed late Source: NBB ↗
- Luc Hellings stepped down as director. NBB
- Monique Craeghs stepped down as director. NBB
- Luc Hellings became a director. NBB
- Monique Craeghs became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,287 profit in 2022 to € 436,796 loss in 2025.
Paid € 186,835 in corporate taxes since 2022.
Best year ever: 2022, with € 188,287 profit.
Management
The shares are held by Firefox and Monique Craeghs. It owns 84.2% of Teemax and 33% of Flight Advise itself.
Directors
According to the 2025 annual accounts
Luc Hellings
Director
Also active at: Limburgse Vleugels, TEEMAX, ACADHAMIA, FLIGHT ADVISE, E.V. GENK
since 2020 · until 2026
since 2020 · until 2026
Shareholders
Monique Craeghs · director
Participations
84.2%
33%
Establishments
Establishment units
Physical locations of this company
Kanaallaan 27
3960 Bree
Kanaalkom 17
3960 Bree
Active since 5 December 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0438.879.369
- VAT number
- BE 0438.879.369
- Registered office
- Kanaallaan 27, 3960 Bree
- Names & denominations
- HELLINGS TRADING COMPANY · H.T.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 1989
- Peppol
- Active · Active since 11 Sept 2025
- Activities · NACE
Handel in eigen onroerend goed
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