HerBouw
ActiveSummary
HerBouw has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €486. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-50
Solvency51▲+2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.63 in 2024; short-term debt: 13.6% and cash: 12.7% of total assets), and 73.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.5%
Return on assets
0.2%
Age of the figures
9 mo
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 11-05-2026, 81 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
81 d early
2024
37 d early
2023
43 d early
2022
19 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 0.9%
2024 · €53k
2022: €22k
2023: €14k▼ -35.2% vs 2022lowest in 4 years
2024: €53k▲ +274% vs 2023
2025: €53k▲ +0.9% vs 2024highest in 4 years
2022 → 2025
Total assets
€202k▼ 7.2%
2024 · €218k
2022: €56klowest in 4 years
2023: €165k▲ +193% vs 2022
2024: €218k▲ +31.6% vs 2023highest in 4 years
2025: €202k▼ -7.2% vs 2024
2022 → 2025
Net result
€486▼ 98.7%
2024 · €39k
2022: €20k
2023: €-8k▼ -139% vs 2022lowest in 4 years
2024: €39k▲ +603% vs 2023highest in 4 years
2025: €486▼ -98.7% vs 2024
2022 → 2025
Working capital
€12k▼ 50.5%
2024 · €24k
2022: €10k
2023: €-21k▼ -320% vs 2022lowest in 4 years
2024: €24k▲ +213% vs 2023highest in 4 years
2025: €12k▼ -50.5% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€22k-€14k▼ 35.2%€53k▲ 274%€53k▲ 0.9%
2022: €22k
2023: €14k▼ -35.2% vs 2022lowest in 4 years
2024: €53k▲ +274% vs 2023
2025: €53k▲ +0.9% vs 2024highest in 4 years
Operating result€27k-€-2k€55k€8k▼ 85.8%
2022: €27k
2023: €-2k▼ -109% vs 2022lowest in 4 years
2024: €55k▲ +2342% vs 2023highest in 4 years
2025: €8k▼ -85.8% vs 2024
Net result€20k-€-8k€39k€486▼ 98.7%
2022: €20k
2023: €-8k▼ -139% vs 2022lowest in 4 years
2024: €39k▲ +603% vs 2023highest in 4 years
2025: €486▼ -98.7% vs 2024
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 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€162k ▲ 4.9%
Current assets
€39k ▼ 37.3%
Equity and liabilities €202k
Equity
€53k ▲ 0.9%
Debt
€148k ▼ 9.9%
Debt's share of the balance-sheet total falls from 75.7% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €66k
Cash flow
€11k▼
2024 · €50k
Current ratio
1.44▼
2024 · 1.63
Debt to equity
2.78▼
2024 · 3.11
ROE
0.9%▼
2024 · 73.2%
ROA
0.2%▼
2024 · 17.8%
Interest coverage
2.69▼
2024 · 8.88
Debt ≤ 1 year
€27k▼
2024 · €39k
Debt > 1 year
€121k▼
2024 · €126k
Income taxes
€444▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€218k€202k▼
Fixed assets21/28€155k€162k▲
Tangible fixed assets22/27€155k€162k▲
Land and buildings22€108k€103k▼
Plant, machinery and equipment23€0€10k▲
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26€38k€44k▲
Current assets29/58€63k€39k▼
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€13k€6k▼
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€48k€26k▼
Deferred charges and accrued income490/1€934€1k▲
Equity and liabilities
Total equity and liabilities10/49€218k€202k▼
Equity10/15€53k€53k▲
Contributions10/11€2k€2k=
Reserves13€51k€51k▲
Distributable reserves133€51k€51k▲
Amounts payable17/49€165k€148k▼
Amounts payable after more than one year17€126k€121k▼
Financial debts170/4€126k€121k▼
Amounts payable within one year42/48€39k€27k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€7k€7k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€20k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€67k€20k▼
Operating profit (loss)9901€55k€8k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€47k€930▼
Income taxes67/77€8k€444▼
Profit (loss) for the period9904€39k€486▼
Profit (loss) for the period to be appropriated9905€39k€486▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€486▼
Transfer from equity791/2€0-
Transfer to equity691/2€39k€486▼
To other reserves6921€39k€486▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €11k | €11k | €11k | ▼ 4.9% |
| Other operating charges640/8 | €2k | €1k | €1k | €1k | ▲ 22.0% |
| Gross operating margin9900 | €40k | €10k | €67k | €20k | ▼ 70.6% |
| Operating profit (loss)9901 | €27k | €-2k | €55k | €8k | ▼ 85.8% |
| Financial income75/76B | €6 | - | - | - | - |
| Recurring financial income75 | €6 | - | - | - | - |
| Financial charges65/66B | €138 | €5k | €7k | €7k | ▼ 7.8% |
| Recurring financial charges65 | €138 | €5k | €7k | €7k | ▼ 7.8% |
| Profit (loss) for the period before taxes9903 | €26k | €-8k | €47k | €930 | ▼ 98.0% |
| Income taxes67/77 | €7k | €152 | €8k | €444 | ▼ 94.8% |
| Profit (loss) for the period9904 | €20k | €-8k | €39k | €486 | ▼ 98.7% |
| Profit (loss) for the period to be appropriated9905 | €20k | €-8k | €39k | €486 | ▼ 98.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €56k | €165k | €218k | €202k | ▼ 7.2% |
| Fixed assets21/28 | €12k | €146k | €155k | €162k | ▲ 4.9% |
| Tangible fixed assets22/27 | €12k | €146k | €155k | €162k | ▲ 4.9% |
| Land and buildings22 | - | €113k | €108k | €103k | ▼ 4.7% |
| Plant, machinery and equipment23 | €1k | €235 | €0 | €10k | - |
| Furniture and vehicles24 | €11k | €5k | €8k | €6k | ▼ 29.8% |
| Other tangible fixed assets26 | - | €28k | €38k | €44k | ▲ 14.2% |
| Current assets29/58 | €44k | €19k | €63k | €39k | ▼ 37.3% |
| Amounts receivable within one year40/41 | €10k | €9k | €14k | €13k | ▼ 11.4% |
| Trade receivables40 | €5k | €5k | €13k | €6k | ▼ 53.3% |
| Other amounts receivable41 | €5k | €4k | €1k | €7k | ▲ 378% |
| Cash at bank and in hand54/58 | €34k | €10k | €48k | €26k | ▼ 46.5% |
| Deferred charges and accrued income490/1 | - | - | €934 | €1k | ▲ 42.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €56k | €165k | €218k | €202k | ▼ 7.2% |
| Equity10/15 | €22k | €14k | €53k | €53k | ▲ 0.9% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Reserves13 | €20k | €12k | €51k | €51k | ▲ 1.0% |
| Distributable reserves133 | €20k | €12k | €51k | €51k | ▲ 1.0% |
| Amounts payable17/49 | €35k | €151k | €165k | €148k | ▼ 9.9% |
| Amounts payable after more than one year17 | - | €111k | €126k | €121k | ▼ 4.0% |
| Financial debts170/4 | - | €111k | €126k | €121k | ▼ 4.0% |
| Amounts payable within one year42/48 | €35k | €40k | €39k | €27k | ▼ 29.0% |
| Current portion of amounts payable after more than one year42 | - | €4k | €5k | €5k | ▲ 4.3% |
| Trade debts44 | €587 | €3k | €3k | €3k | ▼ 15.3% |
| Suppliers440/4 | €587 | €3k | €3k | €3k | ▼ 15.3% |
| Taxes, remuneration and social security45 | €5k | €4k | €10k | €7k | ▼ 30.7% |
| Taxes450/3 | €5k | €4k | €7k | €7k | ▲ 8.2% |
| Remuneration and social security454/9 | - | - | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | €29k | €30k | €20k | €13k | ▼ 38.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €-8k | €39k | €486 | ▼ 98.7% |
| + Depreciation and write-downs630 | €12k | €11k | €11k | €11k | ▼ 4.9% |
| Operating cash flow (approximation) | €32k | €4k | €50k | €11k | ▼ 77.7% |
| Investment in fixed assets (approximation) | - | €-146k | €-20k | €-18k | ▲ 6.7% |
| Change in cash | - | €-24k | €37k | €-22k | ▼ 159% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.63
Current ratio from 0.47 to 1.63; short-term debt falls from €40k to €39k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Katelijne-Waver · 1 establishment unit since 2021
Ground area
6,965 m²
Building footprint
183 m²
Volume, LiDAR
1,070 m³
Parcel 12027C0444/00A000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HerBouw
since 20212.316.148.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027C0444/00A000 | Flanders | 6,965 m² | 1 · 183 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,651 EUR awarded · 2,149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 207 EUR | 207 EUR |
| 2024 | 1 | 900 EUR | 863 EUR |
| 2023 | 1 | 197 EUR | 179 EUR |
| 2022 | 1 | 1,347 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71111Activities of building architects
71112Activities of interior architects
Scores and ratios are computed by Checked and are not a credit decision.