ACTIVE

HELMo Link

Financial year 2025 · Closed on 31/12/2025

Net result164,6 k €-48,0 %over 1 year
Revenue916,2 k €+8,1 %over 1 year
Equity1,2 M €-0,5 %over 1 year
Workforce8,8 ETP+4,8 %over 1 year

Identity

Source · BCE/KBO

HELMo Link is a Non-profit organization incorporated in 1979. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Liège. It employs on average 8,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0419.597.749
Incorporation
21/06/1979
Legal form
Non-profit organization
Registered office
Mont Saint-Martin 45
4000 Liège · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
8,8 ETP
Joint committees (2)
  • 100
  • 337
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue916,2 k €847,4 k €698,5 k €462,2 k €464,6 k €
EBITDA179,8 k €345,9 k €375,7 k €189 k €114,1 k €
Operating result161,6 k €316,2 k €346,2 k €156,5 k €79 k €
Net result164,6 k €316,6 k €345 k €155,3 k €77,6 k €
Balance sheet
Equity1,2 M €1,2 M €1,1 M €990,3 k €887,9 k €
Total assets4 M €2,5 M €2,4 M €3,5 M €4,3 M €
Cash943,2 k €967,8 k €820,1 k €818,8 k €958,2 k €
Debts613,2 k €420,5 k €560,4 k €990,3 k €945,4 k €
Other
Workforce8,8 ETP8,4 ETP11,3 ETP15,1 ETP14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Etienne Sottiaux
Managing director01/04/2025 → 31/03/2030Chairman of the board of directors01/08/2021 → 2024 accountsendedDirector05/05/2015 → 2021 accountsendedMandate05/05/2015 → 2016 accountsended
Vanessa Effertz
Director01/04/2025 → 31/03/2030
Laurence PIRON
Director30/03/2015 → 19/09/2029
Jérôme WALMAG
Directorsince 14/11/2023
LIBRA - AUDIT & ASSURANCE0884.477.573Represented by Hanine ESSAHELI
Reviseur d'entreprise01/01/2020 → 31/12/2025
Grégory VOZ
Directorsince 15/11/2022
Cécile Dessart
Director01/11/2022 → 31/10/2027
Salim MEGHERBI
Director01/09/2022 → 31/08/2027
Danièle Bayers
Director14/09/2019 → 30/06/2030
Birgit Quinting
Directorsince 28/05/2015
Isabelle Bragard
Managing directorsince 23/10/2019Director15/09/2019 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre LODEZ
Director01/09/2023 → 2023 accounts
Anne-Michèle JANSSEN
Director23/10/2019 → 2022 accounts
AXYLIUM AUDIT - LIEGE0450.271.327Represented by Hanine ESSAHELI
Mandate01/01/2020 → 2020 accounts

Other companies at this address

Mont Saint-Martin 45 4000 Liège
CompanyCBE no.
0889.879.582
0898.631.160
0433.491.614
0402.395.194

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202611/06/202518/06/202416/06/202324/06/202224/06/2021
General meeting01/06/202605/06/202506/06/202423/05/202310/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202624/06/2026FrenchPDF
Abridged model31/12/202405/06/202511/06/2025FrenchPDF
Abridged model31/12/202306/06/202418/06/2024FrenchPDF
Abridged model31/12/202223/05/202316/06/2023FrenchPDF
Abridged model31/12/202110/05/202224/06/2022FrenchPDF
Abridged model31/12/202018/05/202124/06/2021FrenchPDF
Abridged model31/12/201926/05/202024/06/2020FrenchPDF
Abridged model31/12/201828/05/201919/06/2019FrenchPDF
Abridged model31/12/201723/05/201827/06/2018FrenchPDF
Abridged model31/12/201617/05/201728/06/2017FrenchPDF
Abridged model31/12/201519/05/201622/06/2016FrenchPDF
Abridged model31/12/201430/03/201501/07/2015FrenchPDF
Abridged model31/12/201302/06/201406/06/2014FrenchPDF
Abridged model31/12/201206/05/201324/06/2013FrenchPDF
Abridged model31/12/201123/05/201211/07/2012FrenchPDF
Abridged model31/12/201020/06/201122/06/2011FrenchPDF
Abridged model31/12/200916/06/201029/06/2010FrenchPDF
Abridged model31/12/200817/06/200906/07/2009FrenchPDF
Abridged model31/12/200723/06/200803/07/2008FrenchPDF
Abridged model31/12/200618/04/200725/05/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Etienne Sottiaux
Managing director01/04/2025 → 31/03/2030Chairman of the board of directors01/08/2021 → 2024 accountsendedDirector05/05/2015 → 2021 accountsendedMandate05/05/2015 → 2016 accountsended
Vanessa Effertz
Director01/04/2025 → 31/03/2030
Laurence PIRON
Director30/03/2015 → 19/09/2029
Jérôme WALMAG
Directorsince 14/11/2023
LIBRA - AUDIT & ASSURANCE0884.477.573Represented by Hanine ESSAHELI
Reviseur d'entreprise01/01/2020 → 31/12/2025
Grégory VOZ
Directorsince 15/11/2022
Cécile Dessart
Director01/11/2022 → 31/10/2027
Salim MEGHERBI
Director01/09/2022 → 31/08/2027
Danièle Bayers
Director14/09/2019 → 30/06/2030
Birgit Quinting
Directorsince 28/05/2015
Isabelle Bragard
Managing directorsince 23/10/2019Director15/09/2019 → 2022 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre LODEZ
Director01/09/2023 → 2023 accounts
Anne-Michèle JANSSEN
Director23/10/2019 → 2022 accounts
AXYLIUM AUDIT - LIEGE0450.271.327Represented by Hanine ESSAHELI
Mandate01/01/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/07/2024
    OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other22/03/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates24/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Court decision24/05/2019
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates24/09/2018
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Etienne Sottiaux
Vanessa Effertz
Jérôme WALMAG
LIBRA - AUDIT & ASSURANCE
Grégory VOZ
Cécile Dessart
Salim MEGHERBI
Danièle Bayers
Birgit Quinting
Isabelle Bragard
Laurence Piron
Alexandre LODEZ
1979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
HELMo LinkCentre de Recherches des Instituts Groupés de la Haute Ecole Libre Mosane
Mont Saint-Martin 45, 4000 LiègeMont Saint Martin 41, 4000 Liège
Managing directorChairman of the board of directorsDirector
Director
Director
Reviseur d'entreprise
Director
Director
Director
Director
Director
Managing directorDirector
Director
Managing directorChairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Mont Saint-Martin 45, 4000 LiègeCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00216907
Mont Saint Martin 41, 4000 Liège
accounts 2021 → 2023
Accounts 2023 · 2024-00161551

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HELMo LinkCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00216907
Centre de Recherches des Instituts Groupés de la Haute Ecole Libre Mosane
accounts 2008 → 2023
Accounts 2023 · 2024-00161551
Centre de Recherches des Instituts Groupés au sein de HEMES
accounts 2007
Accounts 2007 · 2008-35300272

Events

  1. 2025
    Annual accounts 2025164,6 k €↓
  2. 2024
    Annual accounts 2024316,6 k €↓
  3. 2024
    Name changeHELMo Link
  4. 2023
    Annual accounts 2023345 k €↑
  5. 2022
    Annual accounts 2022155,3 k €↑
  6. 2021
    Annual accounts 202177,6 k €↑
  7. 2020
    Annual accounts 202061,8 k €↓
  8. 2019
    Annual accounts 2019212,2 k €↑
  9. 2018
    Annual accounts 2018130,6 k €↑
  10. 2017
    Annual accounts 201727,5 k €↓
  11. 2016
    Annual accounts 2016200,3 k €↑
  12. 2015
    Annual accounts 201563 k €↑
  13. 2014
    Annual accounts 201433,1 k €↑
  14. 2013
    Annual accounts 201312,1 k €↓
  15. 2012
    Annual accounts 201249,6 k €↑
  16. 2011
    Annual accounts 201120,8 k €↓
  17. 2010
    Annual accounts 201045,4 k €↑
  18. 2009
    Annual accounts 2009-2,5 k €↓
  19. 2008
    Annual accounts 200864,6 k €↑
  20. 2008
    Name changeCentre de Recherches des Instituts Groupés de la Haute Ecole Libre Mosane
  21. 2007
    Annual accounts 200711,8 k €
  22. 21/06/1979
    IncorporationNon-profit organization