Debts
€3.5m 80% of the balance sheet
Suppliers 27%Taxes and wages 0%Other 73%
Of this, €3.2m falls due within a year.
GLOBAL HERPELGEM
Lifetime
10 annual accounts with figures on one time axispeak €10.7m (2022)
€777,826▼ 66.8%
lowest -€2.1m (2023)
€1.0m▲ 4.0%
peak €1.2m (2016)
€898,517▲ €1.0m
€3.5m▲ 34.5%
peak 0 FTE (2023)
0 FTE
Board2 names since 2021
2 directorsDE HUYSPLAETSE and 1 other
Owners2 names in the annual accounts
50%DE HUYSPLAETSE and 1 other
Documentsfilings and deeds
16-04-2026106 days before the deadline
2025abbreviated format
Gross margin from €2.3m to €777,826Equity from -€111,323 to €898,517Debts from €2.6m to €3.5mCash from €91,055 to €792,331
Key points
from the 2025 annual accountsAt the same address
51 companies
Position in the sector
€1.0m
Higher net result than 95% of companies in civil engineering. Sector median €40,174 · 527 companies.
Checked score
95
Excellent
Financially stronger than 61% of small companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 301 companies (NACE 42, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.7%▲ +0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.2 percentage points vs 02-2025highest value
04-2025: 0.3%▼ -0.6 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: < 0.1%▼ -0.3 percentage points vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Civil engineering (NACE 42)
lowers risk
Size: total assets €4.4m
Figures for financial year 2025 (filed on 21-04-2026)
Founded in 2014
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 42, small). It does better than 20% of them on solvency, 32% on liquidity, 93% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as GLOBAL HERPELGEM has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of GLOBAL HERPELGEM itself: < 0.1% within 12 months.
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 2,609 companies, not a prediction for GLOBAL HERPELGEM. 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 €85,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.56 in 2024), below the usual 1.5. Short-term debt is 71.9% and cash 18% of total assets. 79.5% of the assets are financed with debt and provisions.
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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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 days early
2024
135 days early
2023
22 days late
2022
10 days early
2021
1 day early
2020
1 day early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE HUYSPLAETSE 50%equity €10.0m (2025) · 2025 annual accounts of DE HUYSPLAETSE
- Global Jordan & Freeman 50%score 96equity €1.7m (2025) · 2025 annual accounts of Global Jordan & Freeman
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567591837
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen · Kluisbergen
Amendment of the articles
General meeting of 28-12-2023 · Gazette deed
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Kluisbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLOBAL HERPELGEM Oostkamp | €4.4m | €777,826 | 20.5% | 0 |
| Tuinen Meysmans Zemst | €3.4m | €725,901 | 79.0% | 1.2 |
| VF ZWEMBADEN Beringen | €1.1m | €409,922 | 92.2% | 0.5 |
| Schuurs Allround Service Maaseik | €1.4m | €304,302 | 93.9% | 0.8 |
| Projects HBP Deinze | €7.0m | €406,771 | 32.8% | - |
| Bouw- en sloop-recycling Antwerp | €3.1m | €589,311 | 12.9% | 2.9 |
| DAXHELET POOL & WELLNESS CONCEPT La Roche-en-Ardenne | €1.4m | €381,326 | 74.1% | - |
These companies have the same main activity as GLOBAL HERPELGEM: civil engineering (NACE 42990). They are comparable in size and age: total assets between €1.1m and €7m, founded between 2009 and 2018.
Official details
Source: KBO- Status
- Active since 04-11-2014Normal situation
- Registered office
- 52 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Civil engineeringNACE 42990and 1 other
- Establishment unit
- 2.236.458.1308020 Oostkamp, since 07-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2026
Annual accounts 2025
- ≈ €1.8mestimated
- €4.4m▲ 18.5%
- Filing
- Filed on 16-04-2026, 106 days before the end of the filing period
Insights on GLOBAL HERPELGEM
GLOBAL HERPELGEM files the abbreviated format. That format states no turnover. The gross margin rose from -€129,793 in 2016 to €777,826 in 2025.
In April 2022, the Official Gazette published the appointment of DE HUYSPLAETSE as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GLOBAL HERPELGEM
- What is the company number of GLOBAL HERPELGEM?
- The company number of GLOBAL HERPELGEM is 0567.591.837. The VAT number is the same number with BE in front: BE 0567.591.837.
- Where is GLOBAL HERPELGEM based?
- The registered office is at Kapellestraat 117, 8020 Oostkamp.Company details
- What does GLOBAL HERPELGEM do?
- According to the KBO register, the main activity is civil engineering (NACE 42990).
- What is the legal form of GLOBAL HERPELGEM?
- GLOBAL HERPELGEM is a public limited company (NV).
- When was GLOBAL HERPELGEM founded?
- GLOBAL HERPELGEM was founded on 04-11-2014.
- Is GLOBAL HERPELGEM still active?
- Yes, GLOBAL HERPELGEM is an active enterprise in the KBO register.
- What is the turnover of GLOBAL HERPELGEM?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €777,826 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.1m. It is a rough estimate.Financials
- Is GLOBAL HERPELGEM profitable?
- In financial year 2025, GLOBAL HERPELGEM made a profit of €1.0m.
- Where can I find the annual accounts of GLOBAL HERPELGEM?
- GLOBAL HERPELGEM filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLOBAL HERPELGEM due?
- GLOBAL HERPELGEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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