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HERCHIVA

Active
Public limited company·Exploitatie van sportaccommodaties· 35 yrs active
Puntstraat 7A ·2250 Olen, Belgium

HERCHIVA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423k and a net result of €-57k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 789 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

KBO/BCE: BE 0443.488.057
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Credit risk

Bankruptcy probability (12 mo)

0.1% Very low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Credit advice

verdict per amount and term

Timeline

What happened to this company, by date

0 of 7 acts read

Next filing fiscal year 2026 expected by 31-07-2027

2026
29-07-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
About the unread acts

We know of 7 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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Financials

Equity€423k-11.9%
2018: €374k 2019: €394k 2020: €361k 2021: €369k 2022: €420k 2023: €476k 2024: €480k
Total assets€989k-8.7%
2018: €920k 2019: €840k 2020: €782k 2021: €785k 2022: €776k 2023: €1.13M 2024: €1.08M
Net result€-57k
2018: €-442k 2019: €-421k 2020: €-454k 2021: €7k 2022: €51k 2023: €56k 2024: €5k
Working capital€-242k-3.7%
2018: €-295k 2019: €-289k 2020: €-275k 2021: €-232k 2022: €-198k 2023: €-242k 2024: €-234k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Figures by fiscal year

fiscal year 2025 · abbreviated schema
€-100k€-50k€0€50kOperating result 2021: €22k€22kNet result 2021: €7k€7kOperating result 2022: €56k€56kNet result 2022: €51k€51kOperating result 2023: €67k€67kNet result 2023: €56k€56kOperating result 2024: €21k€21kNet result 2024: €5k€5kOperating result 2025: €-40k€-40kNet result 2025: €-57k€-57k20212022202320242025
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 93 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 44.3% 20.1%
better than 68% of 789 sector peers
Net result €5k €2k
better than 54% of 791 sector peers
Equity €480k €19k
better than 95% of 792 sector peers
Gross operating margin €332k €24k
better than 95% of 790 sector peers
Staff costs €155k €21k
higher than 91% of 280 sector peers
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P68
2020: P65 · n=1352021: P68 · n=2502022: P80 · n=4842023: P70 · n=6602024: P68 · n=7892020 2024
Stable position over 2020-2024 · n=135-789
Net result P54
2020: P18 · n=1342021: P62 · n=2512022: P90 · n=4852023: P90 · n=6582024: P54 · n=7912020 2024
Improving position over 2020-2024 · n=134-791
Equity P95
2020: P95 · n=1352021: P95 · n=2522022: P95 · n=4862023: P95 · n=6612024: P95 · n=7922020 2024
Stable position over 2020-2024 · n=135-792
Gross operating margin P95
2020: P88 · n=1342021: P92 · n=2502022: P95 · n=4842023: P95 · n=6572024: P95 · n=7902020 2024
Stable position over 2020-2024 · n=134-790
EBITDA
€106k
-33.9% 18-25
Cash flow
€89k
-38.3% 18-25
Employees (FTE)
3
-3.0% 18-25
Staff costs
€174k
+12.7% 18-25
Income taxes
€251
+109.2% 18-25
Debt
€566k
-6.1% 18-25
Debt ≤ 1y
€312k
-1.9% 18-25
Debt > 1y
€254k
-10.8% 18-25
Current ratio
0.22
-15.7% 18-25
Quick ratio
0.16
-21.6% 18-25
Solvency
42.8%
-3.5% 18-25
Debt / equity
1.34
+6.6% 18-25
ROE
-13.5%
- 18-25
ROA
-5.8%
- 18-25
Interest coverage
6.16
-35.3% 18-25
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€106k
Net profit€-57k
Cash flow€89k
Staff costs€174k
Income taxes€251
Dividends-
Total assets€989k
Equity€423k
Debt€566k
of which ≤ 1y€312k
of which > 1y€254k
Working capital€-242k
Employees (FTE)3.2
Ratios (computed)
2025
Current ratio0.22
Quick ratio0.16
Working capital ratio-24.5%
Solvency42.8%
Debt / equity1.34
Long-term debt ratio0.60
Interest coverage6.16
Gross margin-
Net margin-
ROA-5.8%
ROE-13.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€989k
Fixed assets 21/28€919k
Tangible fixed assets 22/27€919k
Financial fixed assets 28€250
Current assets 29/58€70k
Stocks & contracts in progress 3€21k
Amounts receivable within one year 40/41€16k
Cash & bank 54/58€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€989k
Equity 10/15€423k
Contributions / capital 10/11€671k
Reserves 13€67k
Accumulated profits (losses) 14€-315k
Amounts payable 17/49€566k
Amounts payable after one year 17€254k
Amounts payable within one year 42/48€312k
Trade debts payable within one year 44€20k
Income statement
Gross operating margin 9900€297k
Operating result 9901€-40k
Financial income 75€91
Financial charges 65€17k
Result before taxes 9903€-57k
Income taxes 67/77€251
Net result for the period 9904€-57k
Result to be appropriated 9905€-57k

Signals

2 signals
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
No strikeouts found in the KBO publications · how complete this is
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Filing history by fiscal year and how the deadline is computed
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 29-07-2026 2 d early 2026-00357887
31-12-2024 31-07-2025 02-07-2025 29 d early 2025-00225999
31-12-2023 31-07-2024 22-07-2024 9 d early 2024-00274555
31-12-2022 31-07-2023 28-07-2023 3 d early 2023-00290251
31-12-2021 31-07-2022 20-07-2022 11 d early 2022-20206405
31-12-2020 31-07-2021 29-07-2021 2 d early 2021-43100286
31-12-2019 31-07-2020 24-07-2020 7 d early 2020-34100441
31-12-2018 31-07-2019 05-06-2019 56 d early 2019-15800147
31-12-2017 31-07-2018 07-06-2018 54 d early 2018-16200168
31-12-2016 31-07-2017 12-07-2017 19 d early 2017-29700538

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Locations & real estate

Registered office

exact location from the address register On OpenStreetMap

Establishment units

1 location
BUULSE
Puntstraat 7 A, 2250 Olende café-restaurants (tavernen)
since 19912.052.148.826
Parcels1
Ground area3,400 m²
Buildings2
Building footprint1,828 m²
Volume (LiDAR)7,547 m³
Tallest building11.4 m · ±2 fl.

Real-estate footprint

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029E0056/02L003 Flanders 3,400 m² 2 · 1,828 m² 11.4 m · 2 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.

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Company registry

Company registry (CBE)

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