DE HERT
ActiveDE HERT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €120k and a net result of €8k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 3020 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▲+35
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.91 against 10.86 in 2023), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
41 d early
2022
32 d early
2021
38 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€120k▲ 7.6%
2023 · €111k
2018: €69k
2019: €50k
2020: €62k
2021: €77k
2022: €115k
2023: €111k
2018 → 2024
Total assets
€179k▲ 46.8%
2023 · €122k
2018: €178k
2019: €152k
2020: €139k
2021: €123k
2022: €134k
2023: €122k
2018 → 2024
Net result
€8k
2023 · €-4k
2018: €26
2019: €-18k
2020: €12k
2021: €15k
2022: €38k
2023: €-4k
2018 → 2024
Working capital
€102k▲ 0.7%
2023 · €101k
2018: €67k
2019: €40k
2020: €52k
2021: €68k
2022: €110k
2023: €101k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€62k-€77k▲ 24.1%€115k▲ 49.4%€111k▼ 3.2%€120k▲ 7.6%
Operating result€18k-€17k▼ 6.4%€38k▲ 126%€1k▼ 96.1%€15k▲ 945%
Net result€12k-€15k▲ 25.6%€38k▲ 154%€-4k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 945% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179k
Fixed assets
€42k▲ 299%
Current assets
€137k▲ 22.9%
Equity and liabilities €179k
Equity
€120k▲ 7.6%
Debt
€59k▲ 474%
The debt ratio rises from 8.4% to 32.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€22k▲
2023 · €5k
Cash flow
€15k▲
2023 · €-146
Solvency
67.1%▼
2023 · 91.6%
Current ratio
3.91▼
2023 · 10.86
Quick ratio
3.89▼
2023 · 10.78
Debt / equity
0.49▲
2023 · 0.09
ROE
7.1%▲
2023 · -3.3%
ROA
4.7%▲
2023 · -3.0%
Interest coverage
10.03▲
2023 · 8.07
Debt
€59k▲
2023 · €10k
Debt ≤ 1 year
€35k▲
2023 · €10k
Debt > 1 year
€24k
Income taxes
€5k▼
2023 · €5k
Staff costs
€15k▲
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€122k€179k▲
Fixed assets21/28€11k€42k▲
Tangible fixed assets22/27€11k€42k▲
Furniture and vehicles24€11k€42k▲
Current assets29/58€111k€137k▲
Stocks and contracts in progress3€755€755=
Stocks30/36€755€755=
Amounts receivable within one year40/41€41k€80k▲
Trade receivables40€6k€39k▲
Other amounts receivable41€35k€41k▲
Cash at bank and in hand54/58€69k€56k▼
Equity and liabilities
Total equity and liabilities10/49€122k€179k▲
Equity10/15€111k€120k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€91k€99k▲
Amounts payable17/49€10k€59k▲
Amounts payable after more than one year17-€24k
Financial debts170/4-€24k
Amounts payable within one year42/48€10k€35k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€9k€22k▲
Suppliers440/4€9k€22k▲
Taxes, remuneration and social security45€837€7k▲
Taxes450/3-€4k
Remuneration and social security454/9€837€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€15k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€9k€10k▲
Non-recurring operating charges66A€33k-
Gross operating margin9900€62k€46k▼
Operating profit (loss)9901€1k€15k▲
Financial income75/76B€276€16▼
Recurring financial income75€276€16▼
Financial charges65/66B€614€2k▲
Recurring financial charges65€614€2k▲
Profit (loss) for the period before taxes9903€1k€13k▲
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€-4k€8k▲
Profit (loss) for the period to be appropriated9905€-4k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€99k▲
Profit (loss) brought forward from the previous period14P€95k€91k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €38k ▲154%
Operating result €38k, net result €38k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.80
Current ratio from 2.63 to 6.80; short-term debt falls from €41k to €19k.
31-12
Financial
Equity above €100kEq €115k ▲49.4%
3 profitable years in a row build equity to €115k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-18k ▼70810%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wevelgem · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Menenstraat 4258560 WevelgemGround area
2,116 m²
Building footprint
621 m²
Volume, LiDAR
2,913 m³
Parcel 34041C0120/00A006, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Hert - Stalpaert
since 20082.171.138.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0120/00A006 | Flanders | 2,116 m² | 1 · 621 m² | 8.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 4,261 EUR awarded · 4,261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 4,261 EUR | 4,261 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWevelgem2.171.138.726
Similar companies · same sector, comparable size
HaBuS
BE 0841.960.394
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GPO Invest
BE 0768.813.882
Evergem · Eq €120k
Military Sport Academy
BE 0505.608.936
Gent · Eq €119k
R.C. DE BARRAGE
BE 0870.549.363
Dendermonde · Eq €121k
TANITALMA
BE 0800.890.002
Liège · Eq €119k
Of 3,282 companies in sector 93110 we hold annual accounts for 1,488. 1,104 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2008
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.