Hellespont
ActiveSummary
Hellespont has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €-8k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 52% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-67
Solvency86▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 3.31 in 2023; short-term debt: 39.1% and cash: 12.9% of total assets), and 39.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
60.9%
Return on assets
-12.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
1 d early
2022
5 d early
2021
2 d early
2020
11 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€39k▼ 17.0%
2023 · €47k
2020: €18k
2021: €41k
2022: €46k
2023: €47k
2020 → 2024
Total assets
€64k▼ 1.6%
2023 · €65k
2020: €36k
2021: €52k
2022: €61k
2023: €65k
2020 → 2024
Net result
€-8k
2023 · €624
2020: €20k
2021: €23k
2022: €5k
2023: €624
2020 → 2024
Working capital
€35k▼ 15.6%
2023 · €42k
2020: €18k
2021: €33k
2022: €39k
2023: €42k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18k-€41k▲ 126%€46k▲ 13.0%€47k▲ 1.4%€39k▼ 17.0%
Operating result€25k-€30k▲ 16.8%€9k▼ 68.0%€3k▼ 70.2%€-5k
Net result€20k-€23k▲ 11.0%€5k▼ 76.8%€624▼ 88.2%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64k
Fixed assets
€4k ▼ 28.2%
Current assets
€60k ▲ 0.7%
Equity and liabilities €64k
Equity
€39k ▼ 17.0%
Debt
€25k ▲ 38.2%
Debt's share of the balance-sheet total rises from 27.9% to 39.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €8k
Cash flow
€-6k▼
2023 · €6k
Current ratio
2.41▼
2023 · 3.31
Debt to equity
0.64▲
2023 · 0.39
ROE
-20.4%▼
2023 · 1.3%
ROA
-12.4%▼
2023 · 1.0%
Interest coverage
-0.92▼
2023 · 17.24
Debt ≤ 1 year
€25k▲
2023 · €18k
Income taxes
€323▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€65k€64k▼
Formation expenses20€0€0=
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Plant, machinery and equipment23-€803
Furniture and vehicles24€5k€3k▼
Current assets29/58€60k€60k▲
Amounts receivable after more than one year29€43k€44k▲
Other amounts receivable291€43k€44k▲
Amounts receivable within one year40/41€25€1k▲
Other amounts receivable41€25€1k▲
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€65k€64k▼
Equity10/15€47k€39k▼
Contributions10/11€500€500=
Reserves13€46k€38k▼
Distributable reserves133€46k€38k▼
Amounts payable17/49€18k€25k▲
Amounts payable within one year42/48€18k€25k▲
Current portion of amounts payable after more than one year42€424-
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€14k€13k▼
Other amounts payable47/48€1k€869▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€10k€-1k▼
Operating profit (loss)9901€3k€-5k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€479€3k▲
Recurring financial charges65€479€3k▲
Profit (loss) for the period before taxes9903€3k€-8k▼
Income taxes67/77€3k€323▼
Profit (loss) for the period9904€624€-8k▼
Profit (loss) for the period to be appropriated9905€624€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€624€-8k▼
Transfer from equity791/2-€8k
Transfer to equity691/2€624-
To other reserves6921€624-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k ▼1365%
Net result drops to €-8k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €23k ▲11%
Operating result €30k, net result €23k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2020
Ground area
4,556 m²
Building footprint
467 m²
Volume, LiDAR
5,747 m³
Parcel 24505F0263/00X003, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hellespont
since 20202.304.690.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0263/00X003 | Flanders | 4,556 m² | 1 · 467 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SENSEI JURICONSEIL
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Laurane Feron
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HANNE NELISSEN
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 6,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.