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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HELLAS from Gavere, company number BE0456180706, closed financial year 2025 with a result of € -54,749 after tax. For that financial year HELLAS recorded a gross margin of € -16,462 and equity of € 447,411. Compared with financial year 2024, the result moved from € -56,121 to € -54,749. The company made a loss. 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 31, 2026.
€ 447,411
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,749
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,548
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 428,819.
People and assets in 2025
€ 7,000
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 107,674
▲ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 13,518
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,465
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -46,194 | € -18,749 | € -21,683 | € -16,462 | ▲ € 5,221 |
| Profit after taxes | € -75,165 | € -48,225 | € -56,121 | € -54,749 | ▲ € 1,372 |
| Equity | € 606,507 | € 558,282 | € 502,160 | € 447,411 | ▼ 11% |
| Total debts | € 46,007 | € 23,924 | € 161,147 | € 229,883 | ▲ 43% |
| Cash | € 138,346 | € 48,216 | € 20,557 | € 14,548 | ▼ 29% |
| Land & buildings | € 828,782 | € 848,200 | € 926,577 | € 919,733 | ▼ 1% |
| Retained profit | € 587,915 | € 539,690 | € 483,568 | € 428,819 | ▼ 11% |
| Bank debt | € 0 | € 0 | € 86,510 | € 107,674 | ▲ 24% |
| Balance sheet total | € 1,014,913 | € 932,673 | € 1,000,223 | € 1,000,037 |
Key figures of HELLAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HELLAS?
What happened at HELLAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 54,749. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,165 loss in 2022 to € 54,749 loss in 2025.
Paid € 556 in corporate taxes since 2022.
Management
Behind HELLAS are Miriam Matthys and Frank Hauben.
Directors
According to the 2025 annual accounts
Miriam Matthys
Administrator-manager
Frank Hauben
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Hulstraat 39
9890 Gavere
Johannes Hartmannlaan 4
9040 Gent
Active since 24 November 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.180.706
- VAT number
- BE 0456.180.706
- Registered office
- Hulstraat 39, 9890 Gavere
- Names & denominations
- HELLAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1995
- Peppol
- Active · Active since 18 Dec 2025
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