HERAKLES
ActiveHERAKLES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
60
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.4 in 2024), and 83.9% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €160k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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
28 d late
2024
29 d late
2023
149 d late
2022
55 d late
2021
30 d late
2020
30 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€160k▲ 0.9%
2024 · €158k
2019: €28k
2020: €27k
2021: €24k
2022: €19k
2023: €23k
2024: €158k
2019 → 2025
Total assets
€995k▼ 0.3%
2024 · €998k
2019: €1.03M
2020: €1.02M
2021: €995k
2022: €1.00M
2023: €1.03M
2024: €998k
2019 → 2025
Net result
€53k▼ 60.6%
2024 · €135k
2019: €227
2020: €-719
2021: €-3k
2022: €-5k
2023: €4k
2024: €135k
2019 → 2025
Working capital
€11k▼ 45.4%
2024 · €20k
2019: €-894k
2020: €-886k
2021: €-884k
2022: €-882k
2023: €-872k
2024: €20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€19k▼ 19.0%€23k▲ 20.8%€158k▲ 580%€160k▲ 0.9%
Operating result€3k-€2k▼ 45.3%€10k▲ 564%€17k▲ 69.0%€10k▼ 42.9%
Net result€-3k-€-5k▼ 37.6%€4k€135k▲ 3,264%€53k▼ 60.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €995k
Fixed assets
€928k=
Current assets
€67k▼ 4.6%
Equity and liabilities €995k
Equity
€160k▲ 0.9%
Debt
€835k▼ 0.6%
The debt ratio falls from 84.1% to 83.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
16.1%▲
2024 · 15.9%
Current ratio
1.19▼
2024 · 1.40
Quick ratio
1.19▼
2024 · 1.40
Debt / equity
5.22▼
2024 · 5.30
ROE
33.3%▼
2024 · 85.3%
ROA
5.4%▼
2024 · 13.6%
Debt
€835k▼
2024 · €839k
Debt ≤ 1 year
€56k▲
2024 · €50k
Debt > 1 year
€734k▼
2024 · €750k
Income taxes
€3k
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€998k€995k▼
Fixed assets21/28€928k€928k=
Financial fixed assets28€928k€928k=
Current assets29/58€70k€67k▼
Amounts receivable within one year40/41€58k€57k▼
Trade receivables40€58k€57k▼
Cash at bank and in hand54/58€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€998k€995k▼
Equity10/15€158k€160k▲
Contributions10/11€8k€8k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€283€283=
Profit (loss) carried forward14€149k€150k▲
Amounts payable17/49€839k€835k▼
Amounts payable after more than one year17€750k€734k▼
Financial debts170/4€750k€734k▼
Amounts payable within one year42/48€50k€56k▲
Trade debts44€47k€53k▲
Suppliers440/4€47k€53k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Accrued charges and deferred income492/3€39k€45k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€18k€11k▼
Operating profit (loss)9901€17k€10k▼
Financial income75/76B€125k€52k▼
Recurring financial income75€125k€52k▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€135k€56k▼
Income taxes67/77-€3k
Profit (loss) for the period9904€135k€53k▼
Profit (loss) for the period to be appropriated9905€135k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€149k€202k▲
Profit (loss) brought forward from the previous period14P€13k€149k▲
Profit to be distributed694/7-€52k
Return on contributions (dividend)694-€52k
The notes to these accounts (3 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
31-03
Financial
Highest result since 2019net €135k ▲3264%
Operating result €17k, net result €135k, both a record.
31-03
Financial
Liquidity times 13current ratio 1.40
Current ratio from 0.10 to 1.40; short-term debt falls from €973k to €50k.
31-03
Financial
Equity above €150kEq €158k ▲580%
2 profitable years in a row build equity to €158k.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
2023
31-03
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
2022
25-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
31-03
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
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, Oostende · 1 establishment unit since 1999
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.
Vrijhavenstraat 408400 OostendeGround area
1,697 m²
Building footprint
1,475 m²
Volume, LiDAR
34,158 m³
Parcel 35013A1480/00D000, Flanders · tallest building 39.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Vrijhavenstraat 40, 8400 Oostende
since 19992.079.400.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1480/00D000 | Flanders | 1,697 m² | 1 · 1,475 m² | 39.1 m · 8 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.
Similar companies · same sector, comparable size
ReekConsult
BE 0871.268.351
Glabbeek · Eq €160k
R.J. STABLES
BE 0799.742.729
Oupeye · Eq €160k
STAEL CONSULTING
BE 0743.618.430
Elsene · Eq €160k
AK GROUP
BE 0749.453.969
Wavre · Eq €159k
Proderma
BE 0671.831.403
Gerpinnes · Eq €159k
Of 4,407 companies in sector 46180 we hold annual accounts for 1,875. 1,391 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-1996
Fiscal year end31-03
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.