ACTIVE

HELLYN

Financial year 2025 · closed on 31/12/2025
Net result
14,0 k €
+108.9% YoY
Gross margin
907,8 k €
+11.3% YoY
Equity
69,7 k €
+25.2% YoY
Workforce
11,8 ETP
-16.3% YoY

What does HELLYN do?

HELLYN is a Private limited company incorporated in 1986. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Tielt. It employs on average 11,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.130.365
Incorporation
30/12/1986
Legal form
Private limited company
Registered office
Ambachtenlaan 43
8760 Tielt · FlandreSee on map
Contributed capital
45 000,00 €
Latest accounts
31/12/2025
Average workforce
11,8 ETP
Joint committees (5)
  • 130
  • 136
  • 200
  • 218
  • 222
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin907,8 k €815,4 k €633,6 k €1,1 M €986,4 k €977,8 k €1,3 M €1,5 M €1,6 M €1,2 M €1,1 M €840,5 k €1,0 M €753,7 k €945,4 k €744,8 k €1,1 M €906,2 k €1,3 M €1,4 M €
EBITDA84,4 k €-82,7 k €-244,9 k €135,1 k €140,9 k €242,3 k €416,8 k €595,1 k €837,6 k €631,5 k €496,0 k €320,5 k €510,5 k €301,1 k €462,5 k €282,4 k €648,8 k €458,3 k €847,6 k €871,8 k €
Operating result28,3 k €-125,5 k €-389,3 k €-91,8 k €-79,1 k €-48,0 k €173,0 k €448,1 k €701,5 k €534,4 k €373,9 k €137,5 k €352,4 k €99,9 k €294,4 k €99,4 k €420,3 k €135,9 k €682,4 k €678,7 k €
Net result14,0 k €-156,9 k €-412,4 k €-89,4 k €-81,0 k €-52,7 k €116,1 k €309,9 k €644,0 k €347,7 k €263,7 k €116,3 k €264,6 k €90,8 k €232,8 k €124,4 k €328,3 k €144,6 k €493,2 k €476,0 k €
Balance sheet
Equity69,7 k €55,7 k €91,9 k €504,2 k €593,7 k €674,7 k €727,4 k €608,6 k €298,7 k €1,5 M €1,5 M €2,5 M €2,4 M €2,3 M €2,3 M €2,1 M €2,1 M €2,2 M €2,1 M €2,0 M €
Total assets1,7 M €1,5 M €2,3 M €2,6 M €2,1 M €2,0 M €2,0 M €2,2 M €1,8 M €2,7 M €2,2 M €3,2 M €3,3 M €3,1 M €2,8 M €2,7 M €3,1 M €3,1 M €3,6 M €3,3 M €
Cash79,8 k €71,0 k €241,0 k €205,6 k €133,7 k €342,8 k €255,3 k €720,8 k €474,0 k €1,4 M €720,0 k €1,7 M €1,8 M €808,9 k €609,5 k €600,5 k €1,6 M €1,5 M €1,9 M €1,6 M €
Debts1,6 M €1,5 M €2,2 M €2,1 M €1,4 M €1,3 M €1,3 M €1,6 M €1,5 M €1,2 M €715,3 k €680,7 k €917,3 k €852,9 k €498,6 k €597,5 k €993,6 k €913,1 k €1,5 M €1,3 M €
Other
Workforce11,8 ETP14,1 ETP14,8 ETP15,1 ETP16,0 ETP17,7 ETP18,1 ETP17,3 ETP16,2 ETP11,2 ETP11,0 ETP10,8 ETP10,9 ETP10,8 ETP11,2 ETP10,1 ETP9,6 ETP11,1 ETP9,2 ETP11,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

CREPRETO

Director · since 08 juillet 2024 · 0670.666.710

Represented by Buyck Emmanuel

Active
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Du Caju Tom

Active
GC - CONSULTING

Director · since 08 février 2017 · 0460.743.367

Represented by Casselman Geert

Active

Ended mandates

CREPRETO

Director · since 08 juillet 2024 · 0670.666.710

Represented by Emmanuel Buyck

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Tom Du Caju

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Tom Du Caju

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Manager · since 05 janvier 2018 · 0476.025.916

Represented by Tom De Caju

Ended
At this address

Other companies at this address

CompanyCBE no.
BDMOActive
0433.157.656
CREPRETOActive
0670.666.710
DUCAJUActive
0847.197.307
MIVOMAPActive
0456.414.593
Annual accounts

Full financial information

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 date31/07/202631/07/202527/08/202414/07/202329/07/202226/08/2021
General meeting19/06/202620/06/202508/07/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202631/07/2026DutchPDF
Abridged model31/12/202420/06/202531/07/2025DutchPDF
Abridged model31/12/202308/07/202427/08/2024DutchPDF
Abridged model31/12/202216/06/202314/07/2023DutchPDF
Abridged model31/12/202117/06/202229/07/2022DutchPDF
Abridged model31/12/202018/06/202126/08/2021DutchPDF
Abridged model31/12/201908/09/202008/10/2020DutchPDF
Abridged model31/12/201820/06/201930/07/2019DutchPDF
Abridged model31/12/201726/05/201811/07/2018DutchPDF
Abridged model31/12/201627/05/201719/06/2017DutchPDF
Abridged model31/12/201528/05/201613/07/2016DutchPDF
Abridged model31/12/201430/05/201509/07/2015DutchPDF
Abridged model31/12/201331/05/201422/08/2014DutchPDF
Abridged model31/12/201225/05/201312/08/2013DutchPDF
Abridged model31/12/201126/05/201217/07/2012DutchPDF
Abridged model31/12/201028/05/201102/08/2011DutchPDF
Abridged model31/12/200929/05/201026/07/2010DutchPDF
Abridged model31/12/200830/05/200929/06/2009DutchPDF
Abridged model31/12/200702/01/200803/07/2008DutchPDF
Abridged model31/12/200626/05/200725/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

CREPRETO

Director · since 08 juillet 2024 · 0670.666.710

Represented by Buyck Emmanuel

Active
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Du Caju Tom

Active
GC - CONSULTING

Director · since 08 février 2017 · 0460.743.367

Represented by Casselman Geert

Active

Ended mandates

CREPRETO

Director · since 08 juillet 2024 · 0670.666.710

Represented by Emmanuel Buyck

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Tom Du Caju

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Director · since 05 janvier 2018 · 0476.025.916

Represented by Tom Du Caju

Ended
INDUSTRIAL PACKAGING SOLUTIONS

Manager · since 05 janvier 2018 · 0476.025.916

Represented by Tom De Caju

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING
    PDF
  • Mandates05/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/07/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/05/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202514,0 k €
  2. 2024
    Annual accounts 2024-156,9 k €
  3. 2023
    Annual accounts 2023-412,4 k €
  4. 2022
    Annual accounts 2022-89,4 k €
  5. 2021
    Annual accounts 2021-81,0 k €
  6. 2020
    Annual accounts 2020-52,7 k €
  7. 2019
    Annual accounts 2019116,1 k €
  8. 2018
    Annual accounts 2018309,9 k €
  9. 2017
    Annual accounts 2017644,0 k €
  10. 2016
    Annual accounts 2016347,7 k €
  11. 2015
    Annual accounts 2015263,7 k €
  12. 2014
    Annual accounts 2014116,3 k €
  13. 2013
    Annual accounts 2013264,6 k €
  14. 2012
    Annual accounts 201290,8 k €
  15. 2011
    Annual accounts 2011232,8 k €
  16. 2010
    Annual accounts 2010124,4 k €
  17. 2009
    Annual accounts 2009328,3 k €
  18. 2008
    Annual accounts 2008144,6 k €
  19. 2007
    Annual accounts 2007493,2 k €
  20. 2006
    Annual accounts 2006476,0 k €
  21. 30/12/1986
    IncorporationPrivate limited company