HERBO
ActiveSummary
HERBO has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530,876 and a net result of €17,481. Equity has been growing by about 49% per year since 2018. Its solvency ranks better than 26% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-07-2015 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Joint committee
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
- Establishment unit
- 2.244.568.518 2960 Brecht, since 17-07-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Board and ownership
Board
- Herthogs,StigDirector
- Vissers,CelienDirector
Shareholders
- Stig Herthogs70%annual accounts 2017
- Celien Vissers30%annual accounts 2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €615,940
- ▲ 3.5%
- Turnover
- ≈ €1.9m
- estimated
- Profit
- €17,481
- ▼ 45.7%
- Equity
- €530,876
- ▼ 2.3%
- Total assets
- €2.1m
- ▲ 6.3%
- Employees on 31-12-2025
- 1
- =
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: 1 FTE, total assets €2.1mFigures for financial year 2025 (filed on 03-09-2026)Founded in 2015Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency
50-2
equity 24.8% of total assets
Liquidity
48-1
short-term debt 37.9% · cash 12.4%
Profitability
70-1
return on assets 0.8%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.8 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.2%▼ -0.2 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (1.47 in 2024), below 1. Short-term debt is 37.9% and cash 12.4% of total assets. 75.2% 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 43, micro). It does better than 26% of them on solvency, 39% on liquidity, 37% on profitability and 31% on growth.
The bankruptcy probability was computed on 02-11-2026 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 risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
2023
20 days early
2022
19 days late
2021
24 days late
2020
25 days late
2019
61 days late
← 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 23 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 24 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00497875.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 10 filings
Turnover
≈ €1.9m
Estimated: probably between €1.2m and €2.5m
Total assets
€2.1m▲ 6.3%
2024 · €2.0m
Net result
€17,481▼ 45.7%
2024 · €32,214
Working capital
-€82,187
2024 · €151,473
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€63,863
▼ 24.6%
2025
20182025
Net result
€17,481
▼ 45.7%
2025
middle half of the sector
20182025
Equity
€530,876
▼ 2.3%
2025
middle half of the sector
20182025
Total assets
€2.1m
▲ 6.3%
2025
highest quarter of the sector
20182025
Debt
€1.6m
▲ 9.5%
2025
20182025
Working capital
-€82,187
2025
lowest quarter of the sector
20182025
Solvency
24.8%
▼ 2.2pp
2025
middle half of the sector
20182025
Current ratio
0.90
▼ 0.57
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
0.8%
▼ 0.8pp
2025
middle half of the sector
20182025
Staff (FTE)
1
▲ 25.0%
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.05m-€0.06m▲ 3.1%€0.06m▲ 14.6%€0.03m▼ 51.1%€0.3m▲ 755%€0.1m▼ 46.0%€0.08m▼ 42.0%€0.06m▼ 24.6%
Net result€0.05m-€0.04m▼ 8.5%€0.04mabove the sector's middle half▼ 0.6%€0.01mwithin the sector's middle half▼ 72.0%€0.2mabove the sector's middle half▲ 20×€0.1mwithin the sector's middle half▼ 51.2%€0.03mabove the sector's middle half▼ 73.5%€0.02mwithin the sector's middle half▼ 45.7%
Equity€0.04m-€0.08m▲ 114%€0.1mabove the sector's middle half▲ 52.9%€0.1mabove the sector's middle half▲ 9.7%€0.4mwithin the sector's middle half▲ 176%€0.5mwithin the sector's middle half▲ 31.2%€0.5mabove the sector's middle half▲ 6.3%€0.5mwithin the sector's middle half▼ 2.3%
Total assets€0.7m-€1.0m▲ 45.0%€0.8mabove the sector's middle half▼ 19.1%€1.4mabove the sector's middle half▲ 78.8%€1.8mabove the sector's middle half▲ 27.4%€1.8mabove the sector's middle half▲ 3.1%€2.0mabove the sector's middle half▲ 8.9%€2.1mabove the sector's middle half▲ 6.3%
Debt€0.6m-€0.9m▲ 40.7%€0.7m▼ 25.9%€1.3m▲ 92.4%€1.4m▲ 10.8%€1.3m▼ 4.7%€1.5m▲ 9.9%€1.6m▲ 9.5%
Working capital-€0.2m--€0.2m▲ 8.5%-€0.006mbelow the sector's middle half▲ 97.1%€0.07mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 235%€0.2mwithin the sector's middle half▼ 23.0%€0.2mabove the sector's middle half▼ 12.2%-€0.08mbelow the sector's middle half
Solvency5.9%-8.7%▲ 2.8pp16.4%below the sector's middle half▲ 7.7pp10.0%below the sector's middle half▼ 6.3pp21.8%below the sector's middle half▲ 11.7pp27.7%within the sector's middle half▲ 5.9pp27.0%within the sector's middle half▼ 0.7pp24.8%within the sector's middle half▼ 2.2pp
Current ratio0.42-0.53▲ 0.100.98below the sector's middle half▲ 0.451.27within the sector's middle half▲ 0.291.57within the sector's middle half▲ 0.301.47within the sector's middle half▼ 0.101.47within the sector's middle half=0.90below the sector's middle half▼ 0.57
Return on assets (ROA)7.3%-4.6%▼ 2.7pp5.7%within the sector's middle half▲ 1.1pp0.9%within the sector's middle half▼ 4.8pp13.9%above the sector's middle half▲ 13.0pp6.6%within the sector's middle half▼ 7.3pp1.6%within the sector's middle half▼ 5.0pp0.8%within the sector's middle half▼ 0.8pp
Staff (FTE)0.8below the sector's middle half1▲ 25.0%1below the sector's middle half=1below the sector's middle half=0.8▼ 20.0%1below the sector's middle half▲ 25.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 25% lower than in 2024. It is the third fall in a row.
Large changes and their cause
- 2022 Net result +1,898% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Turnover and EBIT margin are not published. The abbreviated or 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 €2.1m
Fixed assets
€1.4m ▼ 8.3%
Current assets
€729,078 ▲ 53.7%
Equity and liabilities €2.1m
Equity
€530,876 ▼ 2.3%
Debt
€1.6m ▲ 9.5%
Debt's share of the balance-sheet total rises from 73.0% to 75.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€525,643▲
2024 · €522,021
Cash flow
€479,261▲
2024 · €469,534
Debt to equity
3.03▲
2024 · 2.70
ROE
3.3%▼
2024 · 5.9%
Interest coverage
11.33▲
2024 · 9.94
Debt ≤ 1 year
€811,265▲
2024 · €322,738
Debt > 1 year
€764,722▼
2024 · €1.1m
Staff costs
€83,724▲
2024 · €64,780
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | 0 | 0 | 0 | - | - |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 0.8 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | - | - | - | 1 | 2 |
| Left | - | - | - | 1 | 2 |
| Training hours | - | - | - | 2 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €863,705 | €502,491 | €365,547 | €667,383 | €334,150 |
| Depreciation and write-downs of the year | €273,356 | €360,401 | €234,121 | €437,320 | €461,780 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €3,240 awarded · €3,240 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €3,000 | €3,000 |
| 2022 | 1 | €240 | €240 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,000 | €176,079 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €42,173 | €54,672 | €70,924 | €64,780 | €83,724 | ▲ 29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €155,204 | €204,423 | €273,317 | €273,356 | €360,401 | €234,121 | €437,320 | €461,780 | ▲ 5.6% |
| Other operating charges640/8 | - | - | - | €10,135 | €15,401 | €8,406 | €8,084 | €6,573 | ▼ 18.7% |
| Gross operating margin9900 | €212,526 | €268,866 | €384,698 | €357,303 | €700,917 | €459,503 | €594,885 | €615,940 | ▲ 3.5% |
| Operating profit (loss)9901 | €54,818 | €56,491 | €64,731 | €31,639 | €270,443 | €146,052 | €84,701 | €63,863 | ▼ 24.6% |
| Financial income75/76B | - | - | - | €91 | €1 | €118 | €11 | €19 | ▲ 72.7% |
| Recurring financial income75 | €73 | - | €281 | €91 | €1 | €118 | €11 | €19 | ▲ 72.7% |
| Financial charges65/66B | - | - | - | €19,283 | €21,752 | €24,728 | €52,498 | €46,401 | ▼ 11.6% |
| Recurring financial charges65 | €6,003 | €11,752 | €20,524 | €19,283 | €21,752 | €24,728 | €52,498 | €46,401 | ▼ 11.6% |
| Profit (loss) for the period before taxes9903 | €48,888 | €44,739 | €44,488 | €12,447 | €248,692 | €121,442 | €32,214 | €17,481 | ▼ 45.7% |
| Profit (loss) for the period9904 | €48,888 | €44,739 | €44,488 | €12,447 | €248,692 | €121,442 | €32,214 | €17,481 | ▼ 45.7% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €1,246 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €176,079 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €48,888 | €44,739 | €44,488 | €12,447 | €72,613 | €122,688 | €32,214 | €17,481 | ▼ 45.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €1.0m | €0.8m | €1.4m | €1.8m | €1.8m | €2.0m | €2.1m | ▲ 6.3% |
| Fixed assets21/28 | €0.5m | €0.8m | €0.5m | €1.1m | €1.2m | €1.3m | €1.5m | €1.4m | ▼ 8.3% |
| Tangible fixed assets22/27 | €0.5m | €0.8m | €0.5m | €1.1m | €1.2m | €1.3m | €1.5m | €1.4m | ▼ 8.3% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.2m | €0.5m | €0.4m | €0.6m | ▲ 55.0% |
| Furniture and vehicles24 | - | - | - | €0.7m | €0.8m | €0.7m | €1.1m | €0.8m | ▼ 29.2% |
| Leasing and similar rights25 | - | - | - | €0.3m | €0.1m | €0.08m | €0.02m | €0.002m | ▼ 91.0% |
| Other tangible fixed assets26 | - | - | - | €0.007m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 13.9% |
| Financial fixed assets28 | €40 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.3m | €0.3m | €0.6m | €0.5m | €0.5m | €0.7m | ▲ 53.7% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.2m | €0.3m | €0.6m | €0.4m | €0.4m | €0.4m | ▲ 7.7% |
| Trade receivables40 | - | - | - | €0.2m | €0.4m | €0.1m | €0.2m | €0.3m | ▲ 28.2% |
| Other amounts receivable41 | - | - | - | €0.05m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 18.6% |
| Cash at bank and in hand54/58 | €0.04m | €0.07m | €0.1m | €0.02m | €0.01m | €0.2m | €0.04m | €0.3m | ▲ 582% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 12.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €1.0m | €0.8m | €1.4m | €1.8m | €1.8m | €2.0m | €2.1m | ▲ 6.3% |
| Equity10/15 | €0.04m | €0.08m | €0.1m | €0.1m | €0.4m | €0.5m | €0.5m | €0.5m | ▼ 2.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €244 | €244 | €244 | €244 | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €244 | €244 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €244 | €244 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | - | - | €244 | €244 | €244 | = |
| Profit (loss) carried forward14 | €0.02m | €0.07m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Amounts payable17/49 | €0.6m | €0.9m | €0.7m | €1.3m | €1.4m | €1.3m | €1.5m | €1.6m | ▲ 9.5% |
| Amounts payable after more than one year17 | €0.3m | €0.5m | €0.4m | €1.0m | €1.0m | €1.0m | €1.1m | €0.8m | ▼ 31.8% |
| Financial debts170/4 | - | - | - | €1.0m | €1.0m | €1.0m | €1.1m | €0.8m | ▼ 31.8% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.3m | €0.2m | €0.4m | €0.4m | €0.3m | €0.8m | ▲ 151% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.3m | €0.2m | €0.3m | ▲ 24.3% |
| Trade debts44 | €0.008m | €0.02m | €0.01m | - | €0.1m | €0.01m | €0.01m | €0.4m | ▲ 36× |
| Suppliers440/4 | - | - | - | - | €0.1m | €0.01m | €0.01m | €0.4m | ▲ 36× |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.008m | €0.01m | €0.009m | €0.02m | ▲ 90.1% |
| Taxes450/3 | - | - | - | - | - | €0.005m | - | €0.005m | - |
| Remuneration and social security454/9 | - | - | - | €0.007m | €0.008m | €0.008m | €0.009m | €0.01m | ▲ 38.5% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.08m | €0.09m | €0.1m | ▲ 32.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | ▲ 28.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,888 | €44,739 | €44,488 | €12,447 | €248,692 | €121,442 | €32,214 | €17,481 | ▼ 45.7% |
| + Depreciation and write-downs630 | €155,204 | €204,423 | €273,317 | €273,356 | €360,401 | €234,121 | €437,320 | €461,780 | ▲ 5.6% |
| Operating cash flow (approximation) | €204,092 | €249,162 | €317,805 | €285,803 | €609,093 | €355,563 | €469,534 | €479,261 | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | -€446,347 | -€19,150 | -€863,705 | -€442,231 | -€365,547 | -€667,383 | -€334,150 | ▲ 49.9% |
| Change in cash | - | €29,139 | €32,451 | -€85,184 | -€3,656 | €152,252 | -€126,410 | €226,141 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,508 companies had the same profile as HERBO has now. Two years later, 96.9% were still going and 1.4% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.9%
was still going
1.6%
stopped otherwise
1.4%
went bankrupt
The bankruptcy probability of HERBO itself is lower: 0.2% within 12 months. It rests on far more data about HERBO 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.
| 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 4,508 companies, not a prediction for HERBO. 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 (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00497875 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00421192 | |
| 31-12-2023 | abbreviated format | 11-07-2024 | 2024-00239273 | |
| 31-12-2022 | abbreviated format | 19-08-2023 | 2023-00336051 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20310480 | |
| 31-12-2020 | micro format | 25-08-2021 | 2021-56500244 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57200547 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-43400174 | |
| 31-12-2017 | micro format | 27-07-2018 | 2018-40500210 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-39100318 |
Board & ownership
Directors
Directors
2 directors
Herthogs,Stig
Current
Director · in office according to the act of 17-02-2023 · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 27-08-2026
Vissers,Celien
Current
Director · in office according to the act of 17-02-2023 · listed in the 2025 annual accounts, filed on 27-08-2026
Owners and capital
Shareholders
2 ownersOwners 2
- Stig Herthogsnatural personSourceown accounts 201770%
- Celien Vissersnatural personSourceown accounts 201730%
Capital transactions
Capital over time
- 17-02-2023 Converted to unavailable equity
- 17-02-2023 Converted to available equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Herthogs,Stig |
|
| Vissers,Celien |
|
Network & group
Companies at the same address
1 other companyConnections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Stig
via Herthogs,Stig · Director (not named in the articles)
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
27-08
abbreviated format · 27 days late
2025
28-08
micro format · 28 days late
2024
11-07
abbreviated format · 20 days before the deadline
2023
31-12
Financial
Equity above €500,000equity €511,181 ▲31.2%
With a profit in every financial year since 2018, equity grows to €511,181.
19-08
abbreviated format · 19 days late
17-02
Gazette deed
Reappointments: Herthogs,Stig (director) and Vissers,Celien (director)Capital conversion · Amendment of the articles · Purpose change10 points ▸
Gazette deed
Reappointments: Herthogs,Stig (director) and Vissers,Celien (director)
Capital conversion · Amendment of the articles · Purpose change10 points ▸
- General meeting, 31-01-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles, 28
- Purpose change
- Name clause, Herbo
- Registered office clause, “Brecht, Vlaams Gewest” (deed in Dutch)
- Share issue, “vergoeding voor de inbrengen”, 186 (deed in Dutch)
- Director reappointment, Herthogs,Stig (director)
- Director reappointment, Vissers,Celien (director)
2022
31-12
Financial
Highest result from 2018 to 2025net €248,692 ▲1,898%
The operating result of €270,443 and the net result of €248,692 are both a record.
31-12
Financial
Equity above €200,000equity €389,739 ▲176%
With a profit in every financial year since 2018, equity grows to €389,739.
24-08
micro format · 24 days late
2021
31-12
Financial
Weakest financial yearnet €12,447 ▼72%
The net result drops to €12,447, the lowest from 2018 to 2025. It recovers the following year.
25-08
micro format · 25 days late
2020
31-12
Financial
Equity above €100,000equity €128,600 ▲52.9%
With a profit in every financial year since 2018, equity grows to €128,600.
Show earlier events
30-09
micro format · 61 days late
2019
31-07
micro format · on the deadline day
2018
27-07
micro format · 4 days before the deadline
2017
27-07
abbreviated format · 4 days before the deadline
2015
22-07
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
Company details
Register details
Identity
KBO recordName
HERBO in Dutch
Enterprise number
0633.937.956
Legal form
Private limited company
Status
Active, normale toestand
Founded
17-07-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-02-2023 (in Dutch)Registered office and establishments
Registered office
Kraaienhorst 1A, 2960 Brecht, Belgium
Establishment unit
HERBO, Kraaienhorst 1, 2960 Brecht since 17-07-2015 · unit number 2.244.568.518
E-mail
stigherthogs@hotmail.com
Phone
0498320938
Activities
NACEBEL 2025VAT activities
43990
Other specialised construction activities main activity
43343
Specialised construction activities
Social security (RSZ) activities
43990
Other specialised construction activities main activity
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
Joint committee
111 Paritair Comité voor de metaal-, machine- en elektrische bouw annual accounts 2025
Invoicing and payment
VAT number
BE 0633.937.956
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0633.937.956
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of June at 18:00
deed of 17-02-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,213 m²
Building footprint
373 m²
Building volume
1,710 m³
Tallest building: 10.2 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11043D0667/00F000 | Flanders | 810 m² | 1 · 155 m² | 7.7 m · 2 |
| 11043D0652/00C000 | Flanders | 403 m² | 1 · 218 m² | 10.2 m · 1 |