HERCOL
ActiveSummary
The computed 12-month bankruptcy probability of HERCOL is 11.8% (high). For HERCOL, at least two annual filings are missing. The 2023 annual accounts show equity of €160,204 and a net result of €1,915, of which €7,586 non-recurring income. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 95% of 664 sector peers (NACE 16, financial year 2023). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 01-07-1989 Normal situation
- Activity
- Manufacture of other wood products NACE 16281
- Joint committee
- 100 Aanvullend Paritair Comité voor de werklieden · annual accounts 2023
- Establishment unit
- 2.045.177.197 3130 Begijnendijk, since 12-10-1989
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Zienebergh TomDirector · since 01-01-2020
- De Leeuw HélèneDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 11.8%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €10,887
- ▼ 32.5%
- Turnover
- ≈ €83,000
- estimated
- Profit
- €1,915
- ▼ 71.8%
- Equity
- €160,204
- ▲ 1.2%
- Total assets
- €167,381
- ▲ 1.2%
- Staff
- ≈ 0.2 FTE
- estimated
- 2024 accounts not filed, 459 days past the deadline
Filed on 28-01-2025
Signalsraises riskFigures for financial year 2023 (filed on 03-02-2025)2 financial years not filed after the legal deadline; last filed accounts filed 181 days late; 2 of the last 3 accounts lateSize: total assets €167,3811 change of registered office in 24 monthsTwo or more financial years not filed2023 accounts filed 181 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Strong
Solvency
100=
equity 95.7% of total assets
Liquidity
57=
short-term debt 4.3% · cash 5.2%
Profitability
70-4
return on assets 1.1%
Bankruptcy probability within 12 months
11.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 3.0%▲ +1.5 percentage points vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 1.2%▼ -1.8 percentage points vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.3%▲ +0.2 percentage points vs 06-2025
08-2025: 1.6%▲ +0.3 percentage points vs 07-2025
09-2025: 1.9%▲ +0.3 percentage points vs 08-2025
10-2025: 2.4%▲ +0.5 percentage points vs 09-2025
11-2025: 2.3%▼ -0.1 percentage points vs 10-2025
12-2025: 2.8%▲ +0.5 percentage points vs 11-2025
01-2026: 5.6%▲ +2.8 percentage points vs 12-2025
02-2026: 5.6%● unchanged vs 01-2026
03-2026: 6.0%▲ +0.4 percentage points vs 02-2026
04-2026: 5.5%▼ -0.5 percentage points vs 03-2026
05-2026: 5.5%● unchanged vs 04-2026
06-2026: 9.1%▲ +3.6 percentage points vs 05-2026
07-2026: 9.1%● unchanged vs 06-2026
08-2026: 11.8%▲ +2.7 percentage points vs 07-2026highest value
09-2026: 11.8%● unchanged vs 08-2026highest value
10-2026: 11.8%● unchanged vs 09-2026highest value
11-2026: 11.8%● unchanged vs 10-2026highest value
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Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline02-11-2026 today
raises risk · 2023 accounts filed 181 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-01-2025, 181 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
181 days late
2022
31 days late
2021
41 days early
2020
3 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 40 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Registered office moved within De Haan
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as HERCOL: manufacture of other wood products (NACE 16281). They are comparable in size and age: total assets between €114,000 and €309,000, founded between 1975 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| HERCOL De Haan | €167,381 | €10,887 |
| AVALO Izegem | €128,571 | €13,965 |
| THOEN ET FILS Ukkel | €114,392 | €5,704 |
| ARTOBEL Maaseik | €308,682 | €21,227 |
| GALERIJ GOYA Mechelen | €291,333 | €23,340 |
| ARTO PRODUCTION Kinrooi | €159,712 | €29,104 |
| Denis - Knubben Sprimont | €195,018 | €3,724 |
Key facts about HERCOL
- What is the company number of HERCOL?
- The company number of HERCOL is 0438.245.307. The VAT number is the same number with BE in front: BE 0438.245.307.
- Where is HERCOL based?
- The registered office is at Duinenweg 13, 8421 De Haan.Company details
- What does HERCOL do?
- According to the KBO register, the main activity is manufacture of other wood products (NACE 16281).
- What is the legal form of HERCOL?
- The legal form of HERCOL is Private limited company (pre-2019) (BVBA).
- When was HERCOL founded?
- HERCOL was founded on 01-07-1989.
- Is HERCOL still active?
- Yes, HERCOL is an active enterprise in the KBO register.
- How many employees does HERCOL have?
- HERCOL had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does HERCOL fall under?
- In its 2023 annual accounts, HERCOL states joint committee 100 (Aanvullend Paritair Comité voor de werklieden).
- What is the turnover of HERCOL?
- The turnover in financial year 2023 is ≈ €83,000. This figure is estimated from the gross margin of €10,887 and 6,321 comparable companies of the same size. It probably lies between €38,000 and €200,000. It is a rough estimate.
- Is HERCOL profitable?
- In financial year 2023, HERCOL made a profit of €1,915.
- Where can I find the annual accounts of HERCOL?
- HERCOL filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
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