HENDRIK HEREMANS
ActiveHENDRIK HEREMANS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €560k and a net result of €16k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 33% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
78
/ 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-13
Solvency72▼-26
Growth47▲+4
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 12.43 against 3.69 in 2024), but 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
0.9%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
8 d early
2023
34 d early
2022
33 d early
2021
33 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.54M▲ 27.3%
2024 · €1.21M
2018: €1.44M
2019: €1.59M
2020: €1.60M
2021: €1.70M
2022: €1.71M
2023: €1.45M
2024: €1.21M
2018 → 2025
EBIT margin
2.8%▼ 2.1pp
2024 · 4.9%
2018: 5.5%
2019: 11.4%
2020: 5.2%
2021: 7.0%
2022: 6.3%
2023: 4.1%
2024: 4.9%
2018 → 2025
Net result
€16k▼ 49.1%
2024 · €32k
2018: €54k
2019: €119k
2020: €47k
2021: €73k
2022: €71k
2023: €30k
2024: €32k
2018 → 2025
Working capital
€1.37M▲ 237%
2024 · €406k
2018: €252k
2019: €323k
2020: €265k
2021: €351k
2022: €402k
2023: €393k
2024: €406k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.70M-€1.71M▲ 0.7%€1.45M▼ 15.1%€1.21M▼ 16.7%€1.54M▲ 27.3%
Equity€411k-€482k▲ 17.3%€512k▲ 6.2%€543k▲ 6.2%€560k▲ 3.0%
Operating result€119k-€108k▼ 8.7%€59k▼ 45.5%€59k▼ 0.2%€43k▼ 27.6%
Net result€73k-€71k▼ 2.9%€30k▼ 58.1%€32k▲ 6.5%€16k▼ 49.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 28% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.78M
Fixed assets
€293k▼ 18.6%
Current assets
€1.48M▲ 167%
Equity and liabilities €1.78M
Equity
€560k▲ 3.0%
Debt
€1.22M▲ 227%
The debt ratio rises from 40.7% to 68.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€136k▼
2024 · €144k
Cash flow
€109k▼
2024 · €117k
Solvency
31.5%▼
2024 · 59.3%
Current ratio
12.43▲
2024 · 3.69
Quick ratio
4.18▲
2024 · 3.68
Debt / equity
2.18▲
2024 · 0.69
ROE
2.9%▼
2024 · 5.8%
ROA
0.9%▼
2024 · 3.5%
Interest coverage
5.90▼
2024 · 7.87
Debt
€1.22M▲
2024 · €373k
Debt ≤ 1 year
€119k▼
2024 · €151k
Debt > 1 year
€1.09M▲
2024 · €220k
Income taxes
€5k▼
2024 · €11k
Staff costs
€198k▼
2024 · €348k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€917k€1.78M▲
Fixed assets21/28€360k€293k▼
Tangible fixed assets22/27€360k€293k▼
Land and buildings22€153k€127k▼
Plant, machinery and equipment23€33k€20k▼
Furniture and vehicles24€167k€139k▼
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€408€408=
Current assets29/58€557k€1.48M▲
Stocks and contracts in progress3€2k€986k▲
Stocks30/36€2k€2k=
Contracts in progress37-€984k
Amounts receivable within one year40/41€160k€104k▼
Trade receivables40€136k€68k▼
Other amounts receivable41€24k€35k▲
Current investments50/53€103€103=
Cash at bank and in hand54/58€391k€395k▲
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€917k€1.78M▲
Equity10/15€543k€560k▲
Contributions10/11€19k€19k=
Reserves13€525k€541k▲
Distributable reserves133€525k€541k▲
Amounts payable17/49€373k€1.22M▲
Amounts payable after more than one year17€220k€1.09M▲
Financial debts170/4€220k€1.09M▲
Amounts payable within one year42/48€151k€119k▼
Current portion of amounts payable after more than one year42€53k€53k▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€51k€10k▼
Suppliers440/4€51k€10k▼
Advances received on contracts in progress46€12k€12k=
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€353-
Other amounts payable47/48€32k€39k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Turnover70€1.21M€1.54M▲
Non-recurring operating income76A€24k-
Goods, raw materials, services and sundry goods60/61€728k€1.19M▲
Remuneration, social security and pensions62€348k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€93k▲
Other operating charges640/8€14k€15k▲
Gross operating margin9900€506k€348k▼
Operating profit (loss)9901€59k€43k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€43k€21k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€32k€16k▼
Profit (loss) for the period to be appropriated9905€32k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€16k▼
Transfer to equity691/2€32k€16k▼
To other reserves6921€32k€16k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €16k ▼49.1%
Net result drops to €16k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 12.43
Current ratio from 3.69 to 12.43; short-term debt falls from €151k to €119k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €512k ▲6.2%
6 profitable years in a row build equity to €512k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €119k ▲121%
Operating result €182k, net result €119k, both a record.
31-12
Financial
Equity above €200kEq €291k ▲69.8%
2 profitable years in a row build equity to €291k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 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.
Torkonjestraat(Mar) 218510 KortrijkGround area
2,034 m²
Building footprint
704 m²
Volume, LiDAR
3,660 m³
Parcel 34026A0535/00F000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hendrik Heremans
since 20082.170.026.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0535/00F000 | Flanders | 2,034 m² | 1 · 704 m² | 6.1 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 to 2024 · 4 entries · 2,972 EUR awarded · 2,861 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 1,222 EUR | 1,111 EUR |
| 2023 | 1 | 750 EUR | 750 EUR |
| 2022 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Stagebonus (stopgezet)
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 8 endedMetselaar (vwo)
Ruwbouw duaal (so)
Vloerder - tegelzetter duaal (so)
Similar companies · same sector, comparable size
E F C I CONSTRUCT
BE 0808.519.150
La Louvière · Eq €559k
DE MEESTER PROJECTS
BE 0891.764.748
Rijkevorsel · Eq €559k
Entreprises Hons
BE 0412.012.151
Saint-Hubert · Eq €560k
VAN DAELE ALGEMENE BOUWWERKEN
BE 0447.253.637
Pittem · Eq €560k
Lootens Robbe
BE 0672.831.986
Hooglede · Eq €560k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 8,767 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.