Turnover
≈ €410,000 estimated
The micro format states no turnover.
Dries Herthogs
Overview
Lifetime
1 annual account with figurespeak €123,281 (2025)
€123,281
peak €64,624 (2025)
€64,624
peak €69,624 (2025)
€69,624
€45,188
Board1 name since 2024
1 directorHerthogs, Dries
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€64,624
Higher net result than 91% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
54
Fair
Financially stronger than 73% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 3.6%
08-2025: 3.7%▲ +0.1 percentage points vs 07-2025
09-2025: 4.1%▲ +0.4 percentage points vs 08-2025
10-2025: 4.2%▲ +0.1 percentage points vs 09-2025
11-2025: 4.6%▲ +0.4 percentage points vs 10-2025
12-2025: 4.6%● unchanged vs 11-2025
01-2026: 5.0%▲ +0.4 percentage points vs 12-2025
02-2026: 5.0%● unchanged vs 01-2026
03-2026: 4.8%▼ -0.2 percentage points vs 02-2026
04-2026: 4.8%● unchanged vs 03-2026
05-2026: 5.1%▲ +0.3 percentage points vs 04-2026
06-2026: 5.3%▲ +0.2 percentage points vs 05-2026
07-2026: 5.3%● unchanged vs 06-2026highest value
08-2026: 2.6%▼ -2.7 percentage points vs 07-2026lowest value
09-2026: 2.6%● unchanged vs 08-2026lowest value
10-2026: 2.6%● unchanged vs 09-2026lowest value
11-2026: 2.6%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €114,812
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Equity €69,624 (60.6% of total assets)
Calculation
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 41, micro). It does better than 70% of them on solvency, 57% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Dries Herthogs has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Dries Herthogs itself is higher: 2.6% within 12 months. It rests on far more data about Dries Herthogs than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Dries Herthogs. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94, below 1. Short-term debt is 26% and cash 10.6% of total assets. 39.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
21 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010036650
Incorporation
Founding capital of €5,000, 100 shares · Founder: Herthogs, Dries · Appointment: Herthogs, Dries (director) · published on 06-06-2024 · Gazette deed
First establishment
Maxburgdreef 30, Wuustwezel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dries Herthogs Wuustwezel | €114,812 | €123,281 | 60.6% | - |
| R.A.A.M.A Antwerp | €101,856 | €99,838 | 64.3% | - |
| BOUWONDERNEMING KORTHOUT Westerlo | €95,843 | €124,572 | 84.1% | - |
| Boutet Melvin Construction Herstal | €113,165 | €125,556 | 13.4% | - |
| MUYS engineering Ellezelles | €116,739 | €134,197 | 72.6% | - |
| DE HUIS MAKER Hasselt | €126,989 | €113,334 | 67.2% | - |
| ABC MULTISERVICES Charleroi | €116,851 | €113,027 | 99.2% | - |
These companies have the same main activity as Dries Herthogs: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €95,800 and €127,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 04-06-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.360.295.1592990 Wuustwezel, since 04-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2025
Annual accounts 2025
- €123,281
- €64,624
- €69,624
- €114,812
- Employeeson 31-12-2025
- 0
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on Dries Herthogs
The computed 12-month bankruptcy probability of Dries Herthogs is 2.6% (moderate). The 2025 annual accounts show equity of €69,624 and a net result of €64,624.
Its solvency ranks better than 69% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadline€123,281
€87,009
€64,624
-€1,683
60.6%
0.94
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €290,000 and €630,000.
Balance sheet
balance sheet total €114,812 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
60.6%
Higher than 69% of 9,462 companies in 2025.
0.94
Higher than 19% of 9,210 companies in 2025.
56.3%
Higher than 95% of 9,282 companies in 2025.
Dries Herthogs
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€61,675
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
114,812 | |
21/28 |
86,649 | |
22/27 |
86,649 | |
23 |
85,153 | |
24 |
1,496 | |
29/58 |
28,163 | |
40/41 |
13,918 | |
41 |
13,918 | |
54/58 |
12,206 | |
490/1 |
2,040 | |
| Balance sheet: equity and liabilities | ||
10/49 |
114,812 | |
10/15 |
69,624 | |
10/11 |
5,000 | |
13 |
64,624 | |
133 |
64,624 | |
17/49 |
45,188 | |
17 |
15,342 | |
170/4 |
15,342 | |
42/48 |
29,846 | |
42 |
14,658 | |
44 |
6,100 | |
440/4 |
6,100 | |
45 |
9,088 | |
450/3 |
7,588 | |
454/9 |
1,500 | |
| Income statement | ||
9900 |
123,281 | |
62 |
24,670 | |
630 |
9,981 | |
640/8 |
1,621 | |
9901 |
87,009 | |
75/76B |
527 | |
75 |
527 | |
65/66B |
323 | |
65 |
323 | |
9903 |
87,212 | |
67/77 |
22,588 | |
9904 |
64,624 | |
9905 |
64,624 | |
| Appropriation of the result | ||
9906 |
64,624 | |
691/2 |
64,624 | |
6921 |
64,624 | |
| Social balance sheet | ||
9087 |
0.4 | |
Hours worked1013 |
648 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277697 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 96,990 | ||
| 74,605 | ||
| 96,630 | ||
| -1,683 | ||
| 60.6% | ||
| 0.94 | ||
| 0.65 | ||
| 92.8% | ||
| 56.3% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
| in full-time equivalents | 0 |
| 0.4 | |
| On a permanent contract | 0 |
| Joined | 1 |
| Left | 1 |
| Training hours | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €96,630 |
| €9,981 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Dries Herthogs
Debt's share of the balance-sheet total is 39.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 06-06-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 10-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 06-06-2024
Mandates through the years
1 name, the dashed line is todayHerthogs, Dries
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Herthogs, Dries
- Director (not named in the articles), appointed by deed of 06-06-2024, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €696 in 2025
- Source
- deed of 06-06-2024
Articles of association
deed of 06-06-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 1 June at 10:00
Shareholders
At incorporation
deed of 06-06-2024 ↗
- Herthogs, Dries 100 shares (100%) · €5,000 in cash
Network & group
No group
Dries Herthogs has no parent and no holdings in its annual accounts. Herthogs, Dries is the only director. Dries Herthogs shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 21 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010036650
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: Herthogs, Dries · Appointment: Herthogs, Dries (director) · published on 06-06-20244 points ▸
- Founder, Herthogs, Dries
- Founding capital, €5,000, 100 shares
- Board rule, 1
- Director appointment, Herthogs, Dries (director (not named in the articles))
- The deed holds 1 more point.
First establishment Maxburgdreef 30, Wuustwezel
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1010.036.650
- VAT number
- BE 1010.036.650
- Peppol ID
- 0208:1010036650
- Other Peppol ID
- 9925:BE1010036650
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-06-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 1 June at 10:00deed of 06-06-2024 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”deed of 06-06-2024 (in Dutch)
- Peppol
- Reachable since 01-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Dries Herthogs in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Maxburgdreef 30, 2990 Loenhout”deed of 06-06-2024 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43110
Demolition
43120
Site preparation
43331
Floor and wall tiling
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43110
Demolition
43120
Site preparation
43331
Floor and wall tiling
43999
Specialised construction activities
81300
Landscape service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ondernneming voor het optrekken van gebouwen: ruwbouw en onder dak zetten, evenals de bekisting en het ijzervlechtwerk; Algemene…”deed of 06-06-2024 (in Dutch)
16 activities
- Ondernneming voor het optrekken van gebouwen: ruwbouw en onder dak zetten, evenals de bekisting en het ijzervlechtwerk.
- Algemene bouwonderneming: omvat, behalve de bedrijvigheden van de voorgaande rubriek, degene die betrekking hebben op de gehele of gedeeltelijk uitvoering van de voltooiingswerken of de coördinatie van deze laatste wanneer zij door onderaannemers worden uitgevoerd.
- Onderneming voor restauratie-, voeg-, bezettings- en reinigingswerken van gebouwen.
- Onderneming voor het leggen van tegelvloeren, mozaïek en alle andere bedekkingen van muren en vloeren.
- Onderneming voor timmer- en schrijnwerk voor gebouwen.
- Onderneming voor voegwerken.
- Onderneming voor metaalconstructies.
- Onderneming voor leggen van kabels en van diverse leidingen.
- Onderneming voor alle elektriciteitswerken.
- Onderneming voor het plaatsen van centrale verwarming, sanitair, lood- en zinkwerken.
- De groot- en kleinhandel in bouwmaterialen, machines, ijzerwaren en gereedschappen. Het verrichten van alle handelingen, welke met het vorenstaande in de ruimste zin verband houden of daaraan bevorderlijk kunnen zijn.
- Veiligheidscoördinatie.
- Beheer van kerkhoven en activiteiten van crematoria.
- Landschapsverzorging.
- Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden.
- Het beheer van een vermogen, zowel roerend als onroerend. Het kopen/verkopen, huren/verhuren, uitrusten, restaureren, valoriseren, bouwen en verbouwen van onroerende goederen, alsmede alle verrichtingen met betrekking tot onroerende goederen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Maxburgdreef 30 registered office 2990 Wuustwezel | 04-06-2024 | 2.360.295.159 |
Buildings and parcels at the address
- Ground area
- 678 m²
- Buildings
- 200 m²
- Volume, LiDAR
- 890 m³
- Tallest building
- 6.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11026A0448/00B002 | 678 m² | 1 · 200 m² | 6.5 m · 1 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.036.650