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Herbertech

Active
Private limited companyfounded 2021active for 5 yearsDoortstraat 96, 1745 Opwijk, BelgiumKBO/BCE: BE 0763.751.373
Summary

Herbertech has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,167 and a net result of €32,938. Equity has been shrinking by about 7.7% per year since 2022. Its solvency ranks better than 77% of 825 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 17-02-2021 Normal situation
Activity
Other software publishing NACE 58290and 2 others
Establishment unit
2.313.593.124 1745 Opwijk, since 17-02-2021
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Board and ownership

Board
  • Lindemans Herbert XaveerDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€47,282
▼ 20.8%
Turnover
≈ €190,000
estimated
Profit
€32,938
▼ 12.4%
Equity
€55,167
▼ 22.0%
Total assets
€68,668
▼ 24.9%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.43, cash €24,994Sector: Publishing activities (NACE 58)Equity €55,167 (80.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in publishing (NACE 58)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.3% of total assets
Liquidity 89-5
short-term debt 19.7% · cash 36.4%
Profitability 100=
return on assets 48.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,283 companies, NACE 58, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged 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 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.43 (4.06 in 2024), above the usual 1.5. Short-term debt is 19.7% and cash 36.4% of total assets. 19.7% of the assets are financed with debt and provisions.
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 58, micro). It does better than 87% of them on solvency, 81% on liquidity, 93% on profitability and 23% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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
lowers risk · Liquidity: current ratio 4.43, cash €24,994
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €55,167 (80.3% of total assets)
NBB · annual accounts
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 17-03-2026, 136 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
136 days early
2024
36 days early
2023
22 days early
2022
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 50 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% 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. The company usually files around 3 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 17-03-2026 PDF all 4 filings

Turnover
≈ €190,000
Estimated: probably between €110,000 and €340,000
Total assets
€68,668▼ 24.9%
2024 · €91,397
Net result
€32,938▼ 12.4%
2024 · €37,595
Working capital
€46,329▼ 17.0%
2024 · €55,847
Multi-year overview
2022 to 2025, 4 financial years
Operating result
€37,450
▼ 23.9% 2025
20222025
Net result
€32,938
▼ 12.4% 2025
highest quarter of the sector
20222025
Equity
€55,167
▼ 22.0% 2025
middle half of the sector
20222025
Total assets
€68,668
▼ 24.9% 2025
middle half of the sector
20222025
Debt
€13,501
▼ 34.6% 2025
20222025
Working capital
€46,329
▼ 17.0% 2025
middle half of the sector
20222025
Solvency
80.3%
▲ 2.9pp 2025
highest quarter of the sector
20222025
Current ratio
4.43
▲ 0.38 2025
middle half of the sector
20222025
Return on assets (ROA)
48.0%
▲ 6.8pp 2025
highest quarter of the sector
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€67,975-€32,045▼ 52.9%€49,236▲ 53.6%€37,450▼ 23.9%
Net result€52,252above the sector's middle half-€24,537within the sector's middle half▼ 53.0%€37,595above the sector's middle half▲ 53.2%€32,938above the sector's middle half▼ 12.4%
Equity€55,752within the sector's middle half-€80,289within the sector's middle half▲ 44.0%€70,759within the sector's middle half▼ 11.9%€55,167within the sector's middle half▼ 22.0%
Total assets€101,303within the sector's middle half-€101,551within the sector's middle half▲ 0.2%€91,397within the sector's middle half▼ 10.0%€68,668within the sector's middle half▼ 24.9%
Debt€45,551-€21,262▼ 53.3%€20,638▼ 2.9%€13,501▼ 34.6%
Working capital€41,590within the sector's middle half-€67,414within the sector's middle half▲ 62.1%€55,847within the sector's middle half▼ 17.2%€46,329within the sector's middle half▼ 17.0%
Solvency55.0%within the sector's middle half-79.1%above the sector's middle half▲ 24.0pp77.4%above the sector's middle half▼ 1.6pp80.3%above the sector's middle half▲ 2.9pp
Current ratio2.42within the sector's middle half-6.67above the sector's middle half▲ 4.254.06within the sector's middle half▼ 2.614.43within the sector's middle half▲ 0.38
Return on assets (ROA)51.6%above the sector's middle half-24.2%above the sector's middle half▼ 27.4pp41.1%above the sector's middle half▲ 17.0pp48.0%above the sector's middle half▲ 6.8pp
above within below The sector band is the middle half of the companies in Publishing activities (NACE 58). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 24% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68,668
Fixed assets €8,838 ▼ 48.8%
Current assets €59,830 ▼ 19.3%
Equity and liabilities €68,668
Equity €55,167 ▼ 22.0%
Debt €13,501 ▼ 34.6%
Debt's share of the balance-sheet total falls from 22.6% to 19.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€45,881▼
2024 · €58,433
Cash flow
€41,369▼
2024 · €46,792
Debt to equity
0.24▼
2024 · 0.29
ROE
59.7%▲
2024 · 53.1%
Interest coverage
over 100▲
2024 · 55.10
Debt ≤ 1 year
€13,501▼
2024 · €18,280
Debt > 1 year
€0▼
2024 · €2,357
Income taxes
€9,799▼
2024 · €10,581
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€44,306€1,543€4,222-
Depreciation and write-downs of the year€13,910€9,694€9,197€8,432

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€91,397€68,668▼
Fixed assets21/28€17,270€8,838▼
Tangible fixed assets22/27€17,270€8,838▼
Plant, machinery and equipment23€157€109▼
Furniture and vehicles24€4,303€2,904▼
Leasing and similar rights25€9,453€2,643▼
Other tangible fixed assets26€3,357€3,182▼
Current assets29/58€74,127€59,830▼
Amounts receivable within one year40/41€16,359€33,103▲
Trade receivables40€16,355€16,301▼
Other amounts receivable41€4€16,801▲
Current investments50/53€14,497€0▼
Cash at bank and in hand54/58€41,299€24,994▼
Deferred charges and accrued income490/1€1,972€1,733▼
Equity and liabilities
Total equity and liabilities10/49€91,397€68,668▼
Equity10/15€70,759€55,167▼
Contributions10/11€3,500€3,500=
Reserves13€67,259€51,667▼
Distributable reserves133€67,259€51,667▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€20,638€13,501▼
Amounts payable after more than one year17€2,357€0▼
Financial debts170/4€2,357€0▼
Amounts payable within one year42/48€18,280€13,501▼
Current portion of amounts payable after more than one year42€7,373€2,357▼
Trade debts44€3,008€1,809▼
Suppliers440/4€3,008€1,809▼
Taxes, remuneration and social security45€7,898€8,800▲
Taxes450/3€5,438€6,339▲
Remuneration and social security454/9€2,461€2,461=
Other amounts payable47/48-€535
Accrued charges and deferred income492/3€1€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,197€8,432▼
Other operating charges640/8€1,292€1,400▲
Gross operating margin9900€59,725€47,282▼
Operating profit (loss)9901€49,236€37,450▼
Financial income75/76B€0€5,517▲
Recurring financial income75€0€5,517▲
Financial charges65/66B€1,061€230▼
Recurring financial charges65€1,061€230▼
Profit (loss) for the period before taxes9903€48,175€42,737▼
Income taxes67/77€10,581€9,799▼
Profit (loss) for the period9904€37,595€32,938▼
Profit (loss) for the period to be appropriated9905€37,595€32,938▼
Appropriation of the result
Profit (loss) to be appropriated9906€37,595€32,938▼
Transfer from equity791/2€47,125€48,529▲
Transfer to equity691/2€37,595€32,938▼
To other reserves6921€37,595€32,938▼
Profit to be distributed694/7€47,125€48,529▲
Return on contributions (dividend)694€47,125€48,529▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 17-03-2026.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,910€9,694€9,197€8,432▼ 8.3%
Other operating charges640/8€3,174€1,422€1,292€1,400▲ 8.4%
Gross operating margin9900€85,060€43,160€59,725€47,282▼ 20.8%
Operating profit (loss)9901€67,975€32,045€49,236€37,450▼ 23.9%
Financial income75/76B€538€1€0€5,517-
Recurring financial income75€538€1€0€5,517-
Financial charges65/66B€1,187€517€1,061€230▼ 78.3%
Recurring financial charges65€1,187€517€1,061€230▼ 78.3%
Profit (loss) for the period before taxes9903€67,326€31,529€48,175€42,737▼ 11.3%
Income taxes67/77€15,074€6,992€10,581€9,799▼ 7.4%
Profit (loss) for the period9904€52,252€24,537€37,595€32,938▼ 12.4%
Profit (loss) for the period to be appropriated9905€52,252€24,537€37,595€32,938▼ 12.4%
Line2022202320242025Change
Assets
Total assets20/58€101,303€101,551€91,397€68,668▼ 24.9%
Fixed assets21/28€30,395€22,245€17,270€8,838▼ 48.8%
Tangible fixed assets22/27€30,395€22,245€17,270€8,838▼ 48.8%
Plant, machinery and equipment23-€205€157€109▼ 30.5%
Furniture and vehicles24€7,321€5,777€4,303€2,904▼ 32.5%
Leasing and similar rights25€23,074€16,264€9,453€2,643▼ 72.0%
Other tangible fixed assets26--€3,357€3,182▼ 5.2%
Current assets29/58€70,908€79,306€74,127€59,830▼ 19.3%
Amounts receivable within one year40/41€17,680€7,070€16,359€33,103▲ 102%
Trade receivables40€17,680€4,062€16,355€16,301▼ 0.3%
Other amounts receivable41-€3,008€4€16,801▲ 3,776×
Current investments50/53-€5,000€14,497€0▼ 100%
Cash at bank and in hand54/58€52,109€66,005€41,299€24,994▼ 39.5%
Deferred charges and accrued income490/1€1,119€1,231€1,972€1,733▼ 12.1%
Equity and liabilities
Total equity and liabilities10/49€101,303€101,551€91,397€68,668▼ 24.9%
Equity10/15€55,752€80,289€70,759€55,167▼ 22.0%
Contributions10/11€3,500€3,500€3,500€3,500=
Reserves13€52,252€76,789€67,259€51,667▼ 23.2%
Distributable reserves133€52,252€76,789€67,259€51,667▼ 23.2%
Profit (loss) carried forward14--€0€0-
Amounts payable17/49€45,551€21,262€20,638€13,501▼ 34.6%
Amounts payable after more than one year17€16,233€9,351€2,357€0▼ 100%
Financial debts170/4€16,233€9,351€2,357€0▼ 100%
Amounts payable within one year42/48€29,318€11,892€18,280€13,501▼ 26.1%
Current portion of amounts payable after more than one year42€6,772€6,882€7,373€2,357▼ 68.0%
Trade debts44€10,346€2,822€3,008€1,809▼ 39.8%
Suppliers440/4€10,346€2,822€3,008€1,809▼ 39.8%
Taxes, remuneration and social security45€12,200€2,188€7,898€8,800▲ 11.4%
Taxes450/3€11,956€188€5,438€6,339▲ 16.6%
Remuneration and social security454/9€245€2,000€2,461€2,461=
Other amounts payable47/48---€535-
Accrued charges and deferred income492/3-€19€1€0▼ 100%
Line2022202320242025Change
Profit (loss) for the period9904€52,252€24,537€37,595€32,938▼ 12.4%
+ Depreciation and write-downs630€13,910€9,694€9,197€8,432▼ 8.3%
Operating cash flow (approximation)€66,163€34,231€46,792€41,369▼ 11.6%
Investment in fixed assets (approximation)--€1,543-€4,222€0-
Change in cash-€13,896-€24,705-€16,305▲ 34.0%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 26,972 companies had the same profile as Herbertech has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
94.9% was still going
3.4% stopped otherwise
1.6% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Herbertech itself is lower: 0.1% within 12 months. It rests on far more data about Herbertech than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,972 companies, not a prediction for Herbertech. 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.

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 17-03-2026 2026-00055571 PDF
31-12-2024 micro format 25-06-2025 2025-00177079 PDF
31-12-2023 micro format 09-07-2024 2024-00230303 PDF
31-12-2022 micro format 24-07-2023 2023-00263598 PDF

Board & ownership

Directors

Directors
1 director
Lindemans Herbert Xaveer
Director · listed in the 2025 annual accounts, filed on 17-03-2026
Current

Owners and capital

Network & group

Herbertech shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Herbertech. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
17-03
NBB filing Annual accounts 2025 filedPDF
micro format · 136 days before the deadline
2025
25-06
NBB filing Annual accounts 2024 filedPDF
micro format · 36 days before the deadline
03-06
Gazette deed Registered office moved within Opwijk
New seat: Doortstraat 96, 1745 Opwijk · Previous seat: Stationsstraat 52, 1745 Opwijk · Permanent representative: Iris Carsau3 points ▸
  • Board meeting, 09-04-2025
  • Registered-office move, Doortstraat 96,1745 Opwijk
  • Permanent representative, Iris Carsau

Open the act in the Belgian Official Gazette

2024
09-07
NBB filing Annual accounts 2023 filedPDF
micro format · 22 days before the deadline
2023
31-12
Financial Weakest financial yearnet €24,537 ▼53%
The net result drops to €24,537, the lowest from 2022 to 2025. It recovers the following year.
31-12
Financial Liquidity more than doubledcurrent ratio 6.67
The current ratio rises from 2.42 to 6.67. Short-term debt falls from €29,318 to €11,892.
24-07
NBB filing Annual accounts 2022 filedPDF
micro format · 7 days before the deadline
2021
19-02
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 17 February 2021, Herbertech was incorporated as a private limited company.1 In 2025 the registered office moved to Opwijk.2 Total assets went from €101,303 in 2022 to €68,668 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-06-2025
  3. 3National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name Herbertech in Dutch
Enterprise number 0763.751.373
LEI code 875500Y4DTY5KLL0N331 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 17-02-2021
Entity type Legal entity

Registered office and establishments

Registered office Doortstraat 96, 1745 Opwijk, Belgium
Establishment unit Doortstraat 96, 1745 Opwijk since 17-02-2021 · unit number 2.313.593.124

Activities

NACEBEL 2025
58290 Other software publishing main activity
62100 Computer programming
62200 Computer consultancy and computer facilities management
Codes under NACEBEL 2008
58290 Publishing activities main activity
62010 Computer programming, consultancy and related activities
62020 IT consultancy

Invoicing and payment

VAT number BE 0763.751.373
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0763751373
Other Peppol ID 9925:BE0763751373
Registered 31-10-2023

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
800 m²
Building footprint
115 m²
Building volume
533 m³
Cadastral parcel Region Area Buildings Height / floors
23060B0123/00N000 Flanders 800 m² 1 · 115 m² 8.3 m · 1