Financials
- Financial year
- 2024
- Total assets
- €123,653
- Profit
- €11,784
- Solvency
- 37.5%
Total assets▼ 10.5%
Net result
20182024
CHEZ HERMAN
ActiveSummary
The computed 12-month bankruptcy probability of CHEZ HERMAN is 1.7% (moderate). The 2024 annual accounts show equity of €46,319 and a net result of €11,784. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 64% of 1,761 sector peers (NACE 56, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Cafés and bars
NACE 56301
1 site
Size
€123,653total assets 2024
- Equity
- €46,319
- Profit
- €11,784
Structure
Accounts 70 days overdue0 of 4 deeds read
Why 56raises riskFigures for financial year 2024 (filed 20-06-2025)Sector: Food and beverage service activities (NACE 56)Size: total assets €123,653lowers riskFounded in 2000Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency
62+12
equity 37.5% of total assets
Liquidity
32+7
short-term debt 61.9% · cash 11.9%
Profitability
81+8
return on assets 9.5%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%▼ -0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026
09-2026: 1.2%▲ +0.2 percentage points vs 08-2026
10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.19, compared with 0.17 in 2023; short-term debt: 61.9% and cash: 11.9% of total assets), and 62.5% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 57% on solvency, 27% on liquidity, 66% on profitability and 75% on growth.
The bankruptcy probability was computed on 08-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
−lowers risk+raises risk○neutral
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 days early
2023
7 days early
2022
3 days early
2021
26 days late
2020
53 days late
2019
117 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Highest result from 2018 to 2024net €11,784 ▲128%
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Timeline
- Events
- 28
- Since
- 2001
- 28-07-2023Annual accounts filed
- 31-12-2022Back to profit
- 26-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Cafés and barsNACE 56301
- Founded
- 21-01-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.