Financials
- Financial year
- 2025
- Turnover
- €117.7m
- Profit
- €150,258
- Solvency
- 15.1%
Turnover▼ 7.1%
Net result
20182025
HERBOSCH - KIERE
ActiveSummary
HERBOSCH - KIERE has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.8m and a net result of €150,258. Equity is shrinking by about 3.9% per year across the filed financial years. Its solvency ranks better than 14% of 373 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Civil engineering
NACE 42919Civil engineering NACE 42219
6th largest employer in Beveren-Kruibeke-Zwijndrecht, Construction sector1 site
Size
€117.7mturnover 2025
- Staff
- 221.4 FTE
- Equity
- €16.8m
- Profit
- €150,258
Structure
- Parent
- EIFFAGE CONSTRUCTION BeLux · 100%
- Holdings
- 6
- Lempereur ManagementDirector · permanent representative Stéphanie Lempereur
- Philippe BRULARDDirector
Accounts 37 days early11 of 58 deeds read
Why 78raises riskEquity €16.8m (15.1% of total assets)Liquidity: current ratio 0.92, cash €7.6mSector: Civil engineering (NACE 42)lowers riskLegal form: public limited companyShow the evidence
Checked score
Score 2025
78
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 18% of its sector peers (NACE 42, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
40=
equity 15.1% of total assets
Liquidity
18+1
short-term debt 75.2% · cash 6.8%
Profitability
57-1
return on assets 0.1%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
Credit of up to €1,300,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.92, compared with 0.83 in 2024, below 1; short-term debt: 75.2% and cash: 6.8% of total assets), and 84.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, medium-sized): better than 9% on solvency, 13% on liquidity, 23% on profitability and 26% on growth.
The bankruptcy probability was computed on 16-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 373 sector peers (2025).
NBB · sector comparisonPosition among 373 sector peers
Solvency
better than 14%
← weakest
strongest →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
2 days early
2023
23 days early
2022
on the day
2021
26 days late
2020
19 days early
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% 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 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
- Permanent representatives: Benny De Sutter and…Gazette deed
- Reappointment: Philippe Brulard (director)Permanent representatives: Benny De Sutter…
- Annual accounts filedfinancial year 2025 · full…
Key points
- Caution: Result fell in 2025from €460,638 to €150,258 ▼ 67.4% View
- Caution: Among the weakest 15% on solvencysector median 40.5% · 373 companies 15.1% View
- Board changedlatest change 04-06-2026 · 2 in office 2 joined · 1 left View
- Controlled by EIFFAGE CONSTRUCTION BeLuxultimately: EIFFAGE SA 100% View
- Active since 1968founded 01-01-1968 58 years View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- EIFFAGE CONSTRUCTION BeLux · 100%
- Lempereur ManagementDirector
- Philippe BRULARDDirector
Network & group
- Group
- EIFFAGE SA
- Subsidiaries
- 1
- Holdings
- 6
- Connected companies
- 23
6 holdings
Timeline
- Events
- 64
- Since
- 1978
- Next accounts
- by 31-07-2027
- 05-05-2026Appointment: Lempereur Management (director)
- 06-01-2026Permanent representative: Benny De Sutter
- 06-01-2026Resignation: Sébastien Delmarche (director)
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Civil engineeringNACE 42919
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 79
See the provisions in the deeds
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