Her(en)der
ActiveThe annual accounts of Her(en)der for fiscal year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-16k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 1287 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency41▼-59
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.46; short-term debt: 83.7% and cash: 37.6% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.3%
Return on assets
-21.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
22 d early
2023
21 d early
2022
30 d late
2021
2 d early
2020
8 d early
2019
21 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 56.5%
2024 · €28k
2018: €41k
2019: €48k
2020: €55k
2021: €63k
2022: €60k
2023: €32k
2024: €28k
2018 → 2025
Total assets
€75k▲ 164%
2024 · €28k
2018: €51k
2019: €56k
2020: €63k
2021: €69k
2022: €63k
2023: €56k
2024: €28k
2018 → 2025
Net result
€-16k▼ 252%
2024 · €-4k
2018: €7k
2019: €7k
2020: €7k
2021: €7k
2022: €-3k
2023: €-4k
2024: €-4k
2018 → 2025
Working capital
€-34k
2024 · €28k
2018: €41k
2019: €48k
2020: €55k
2021: €58k
2022: €57k
2023: €30k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€60k▼ 4.4%€32k▼ 45.9%€28k▼ 13.8%€12k▼ 56.5%
Operating result€10k-€-2k€-4k▼ 57.1%€-4k▼ 12.6%€-16k▼ 263%
Net result€7k-€-3k€-4k▼ 45.8%€-4k▼ 11.1%€-16k▼ 252%
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 stays negative: a loss of €16k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€46k
Current assets
€29k
Equity and liabilities €75k
Equity
€12k▼ 56.5%
Debt
€62k▲ 25,062%
The debt ratio rises from 0.9% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
16.3%▼
2024 · 99.1%
Current ratio
0.46
Quick ratio
0.46
Debt / equity
5.13▲
2024 · 0.01
ROE
-130.1%▼
2024 · -16.0%
ROA
-21.2%▼
2024 · -15.9%
Debt
€62k▲
2024 · €248
Debt ≤ 1 year
€62k▲
2024 · €248
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€28k€75k▲
Fixed assets21/28-€46k
Tangible fixed assets22/27-€46k
Assets under construction and advance payments27-€46k
Current assets29/58€28k€29k▲
Amounts receivable within one year40/41€9k€759▼
Other amounts receivable41€9k€759▼
Cash at bank and in hand54/58€19k€28k▲
Equity and liabilities
Total equity and liabilities10/49€28k€75k▲
Equity10/15€28k€12k▼
Contributions10/11€19k€19k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€-29k€-45k▼
Amounts payable17/49€248€62k▲
Amounts payable within one year42/48€248€62k▲
Trade debts44€248€17k▲
Suppliers440/4€248€17k▲
Other amounts payable47/48-€46k
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€250-
Other operating charges640/8€349€225▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€-1k€-15k▼
Operating profit (loss)9901€-4k€-16k▼
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€175€181▲
Recurring financial charges65€175€181▲
Profit (loss) for the period before taxes9903€-4k€-16k▼
Profit (loss) for the period9904€-4k€-16k▼
Profit (loss) for the period to be appropriated9905€-4k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-45k▼
Profit (loss) brought forward from the previous period14P€-25k€-29k▼
The notes to these accounts (5 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 50current ratio 113.77
Current ratio from 2.26 to 113.77; short-term debt falls from €24k to €248.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €7k ▲2.7%
Net result €7k, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Riemst · 1 establishment unit since 1997
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.
Tongersesteenweg 483770 RiemstGround area
3,893 m²
Building footprint
824 m²
Volume, LiDAR
6,877 m³
Parcel 73027A1255/00P000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tongersesteenweg 48, 3770 Riemst
since 19972.080.422.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73027A1255/00P000 | Flanders | 3,893 m² | 1 · 824 m² | 12.2 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteRiemst2.080.422.643
Similar companies · same sector, comparable size
CAELESTIA
BE 0801.451.315
Brussel · Eq €12k
TWINSS
BE 0775.308.627
Maasmechelen · Eq €12k
Nest Antwerp
BE 0786.819.260
Antwerpen · Eq €13k
Allegra-Nova
BE 0830.916.549
Gent · Eq €11k
IMMO CHESTRET
BE 0783.614.795
Liège · Eq €13k
Of 734 companies in sector 55209 we hold annual accounts for 209. 105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-1996
Fiscal year end31-12
Activities, NACEBEL
55209Other holiday and short-stay accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.