Equity
Bart Hermans paid out €500,000 in dividends. That is 103% of the 2025 profit.
Bart Hermans paid out €500,000 in dividends. That is 103% of the 2025 profit.
The result rose in 2025 from €234,210 to €485,216.
The micro format states no turnover.
Short-term debts fell from €559,990 to €516,719.
Four of the last ten came late. The 2019 accounts came latest: 63 days after the end of the period.
Higher net result than 95% of companies in legal and accounting. Sector median €37,367 · 15,822 companies.
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 54% of them on solvency, 71% on liquidity, 75% on profitability and 25% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is tight, with a current ratio of 1.08 (0.21 in 2024), below the usual 1.5. Short-term debt is 18.3% and cash 14.4% of total assets. 46.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Bart Hermans Aarschot | €2.8m | €312,541 | 53.7% | - |
| FISCAM Bertrix | €2.8m | €291,122 | 42.5% | 2.2 |
| Accountskantoor Strafico Halen | €3.0m | €319,130 | 99.9% | - |
| BENILCO Nijlen | €2.6m | €318,350 | 83.2% | - |
| ACCOUNTANCY WESTELINCK Hamme (Vl.) | €2.9m | €257,874 | 73.0% | - |
| YMFA Etterbeek | €3.2m | €262,866 | 63.3% | - |
| JDTACC Pajottegem | €3.3m | €252,817 | 89.9% | - |
These companies have the same main activity as Bart Hermans: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €2.6m and €3.3m, founded between 1999 and 2004.
Bart Hermans files the micro format. That format states no turnover. The gross margin rose from €10,228 in 2006 to €312,541 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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