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 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Frederic Helsen from Hoeilaart, company number BE0765224189, closed financial year 2024 with a result of € 1.6 million after tax. For that financial year Frederic Helsen recorded a gross margin of € 2 million and equity of € 613,383. Compared with financial year 2023, the result moved from € 1.3 million to € 1.6 million. Profitable, and profit is growing. The buffer shrank hard: equity is 80 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 613,383
▼ 80% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 25% vs 2023
Profit after tax over the fiscal year.
€ 11,160
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 4.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
€ 4,556
▲ 83% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.7 million
▼ 13% vs 2023
€ 265,656 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,097
▼ 68% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 172,008
▲ € 150,834 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 747,612 | € 1,638,813 | € 1,661,124 | € 2,010,253 | ▲ 21% |
| Profit after taxes | € 555,319 | € 1,215,642 | € 1,285,953 | € 1,610,068 | ▲ 25% |
| Equity | € 556,019 | € 1,770,861 | € 3,056,814 | € 613,383 | ▼ 80% |
| Total debts | € 2,725,839 | € 2,316,305 | € 2,036,713 | € 2,859,598 | ▲ 40% |
| Cash | € 648,902 | € 978,674 | € 588,461 | € 11,160 | ▼ 98% |
| Retained profit | € 554,519 | € 1,769,361 | € 3,055,314 | € 611,883 | ▼ 80% |
| Dividend | € 800 | € 800 | € 0 | € 4,053,500 | |
| Bank debt | € 2,504,850 | € 2,275,735 | € 2,011,759 | € 1,746,944 | ▼ 13% |
| Balance sheet total | € 3,281,858 | € 4,087,166 | € 5,093,527 | € 3,472,981 | ▼ 32% |
Key figures of Frederic Helsen, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Frederic Helsen?
What happened at Frederic Helsen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.6 million (▲ 25% vs 2023). Source: NBB ↗
- New establishment in Hoeilaart. KBO
- Start of the company according to the CBE. KBO
In short
From € 555,319 profit in 2021 to € 1.6 million profit in 2024.
Paid € 1.5 million in corporate taxes since 2021.
Best year ever: 2024, with € 1.6 million profit.
Paid out € 4.1 million in dividends to the owners in total.
Management
Behind Frederic Helsen is Frederic Helsen. It owns 17.3% of Portia Cambria and 16.7% of Berquin notarissen itself.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Druivenlaan 21
1560 Hoeilaart
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.224.189
- VAT number
- BE 0765.224.189
- Registered office
- Druivenlaan 21, 1560 Hoeilaart
- Names & denominations
- Frederic Helsen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2021
- Peppol
- Active · Active since 27 Dec 2025
- Activities · NACE
Activiteiten van notarissen