HERCON
Bankruptcy closedSummary
HERCON was declared bankrupt; according to the publications in the Belgian State Gazette the procedure is no longer open (latest notice 05-05-2026). The 2023 annual accounts show equity of €1.7m and a net result of €44,548.
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Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 31-01-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2018
15 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Machining of metals sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€1.7m▲ 2.6%
2022 · €1.7m
Total assets
€3.4m▼ 3.0%
2022 · €3.5m
Net result
€44,548▲ 40.1%
2022 · €31,803
Working capital
€990,407▼ 8.7%
2022 · €1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182020202120222023
Operating result€620,848-€207,927-€333,466▲ 60.4%€53,418▼ 84.0%€72,503▲ 35.7%
Net result€442,511-€136,638within the sector's middle half-€137,098within the sector's middle half▲ 0.3%€31,803within the sector's middle half▼ 76.8%€44,548within the sector's middle half▲ 40.1%
Equity€1.5m-€305,474within the sector's middle half-€442,572within the sector's middle half▲ 44.9%€1.7mabove the sector's middle half▲ 282%€1.7mabove the sector's middle half▲ 2.6%
Total assets€2.2m-€2.0mwithin the sector's middle half-€2.3mwithin the sector's middle half▲ 17.7%€3.5mabove the sector's middle half▲ 51.7%€3.4mabove the sector's middle half▼ 3.0%
Debt€715,948-€1.6m-€1.9m▲ 12.6%€1.8m▼ 3.3%€1.6m▼ 8.3%
Working capital€1.4m-€751,174above the sector's middle half-€830,648above the sector's middle half▲ 10.6%€1.1mabove the sector's middle half▲ 30.5%€990,407above the sector's middle half▼ 8.7%
Solvency67.2%-15.7%below the sector's middle half-19.3%below the sector's middle half▲ 3.6pp48.6%within the sector's middle half▲ 29.3pp51.4%within the sector's middle half▲ 2.8pp
Current ratio3.09-1.69within the sector's middle half-1.60within the sector's middle half▼ 0.091.97within the sector's middle half▲ 0.381.85within the sector's middle half▼ 0.12
Return on assets (ROA)20.3%-7.0%within the sector's middle half-6.0%within the sector's middle half▼ 1.0pp0.9%below the sector's middle half▼ 5.1pp1.3%within the sector's middle half▲ 0.4pp
Staff (FTE)12.8-12within the sector's middle half-9.8within the sector's middle half▼ 18.3%7.9within the sector's middle half▼ 19.4%7.8within the sector's middle half▼ 1.3%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 36% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.4m
Fixed assets
€1.2m ▼ 4.8%
Current assets
€2.2m ▼ 1.9%
Equity and liabilities €3.4m
Equity
€1.7m ▲ 2.6%
Debt
€1.6m ▼ 8.3%
Debt's share of the balance-sheet total falls from 51.4% to 48.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127,837▲
2022 · €69,239
Cash flow
€99,882▲
2022 · €47,624
Quick ratio
1.60▼
2022 · 1.77
Debt to equity
0.95▼
2022 · 1.06
ROE
2.6%▲
2022 · 1.9%
Interest coverage
12.13▲
2022 · 11.61
Debt ≤ 1 year
€1.2m▲
2022 · €1.1m
Debt > 1 year
€478,125▼
2022 · €657,168
Income taxes
€17,310▲
2022 · €15,862
Staff costs
€495,699▲
2022 · €413,744
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,500 | - |
| Remuneration, social security and pensions62 | - | - | - | €413,744 | €495,699 | ▲ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,661 | €48,298 | €22,181 | €15,821 | €55,334 | ▲ 250% |
| Other operating charges640/8 | - | - | - | €11,354 | €9,479 | ▼ 16.5% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - |
| Gross operating margin9900 | €1.5m | €1.4m | €894,405 | €494,337 | €633,014 | ▲ 28.1% |
| Operating profit (loss)9901 | €620,848 | €207,927 | €333,466 | €53,418 | €72,503 | ▲ 35.7% |
| Financial income75/76B | - | - | - | €213 | €464 | ▲ 118% |
| Recurring financial income75 | €15,207 | - | €1,574 | €213 | €464 | ▲ 118% |
| Financial charges65/66B | - | - | - | €5,966 | €11,109 | ▲ 86.2% |
| Recurring financial charges65 | €9,060 | €11,221 | €9,059 | €5,966 | €10,539 | ▲ 76.7% |
| Non-recurring financial charges66B | - | - | - | - | €570 | - |
| Profit (loss) for the period before taxes9903 | €626,995 | €202,636 | €325,981 | €47,665 | €61,858 | ▲ 29.8% |
| Income taxes67/77 | €184,484 | €65,998 | €188,883 | €15,862 | €17,310 | ▲ 9.1% |
| Profit (loss) for the period9904 | €442,511 | €136,638 | €137,098 | €31,803 | €44,548 | ▲ 40.1% |
| Profit (loss) for the period to be appropriated9905 | €442,511 | €136,638 | €137,098 | €31,803 | €44,548 | ▲ 40.1% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.0m | €2.3m | €3.5m | €3.4m | ▼ 3.0% |
| Fixed assets21/28 | €143,739 | €111,944 | €74,012 | €1.3m | €1.2m | ▼ 4.8% |
| Tangible fixed assets22/27 | €143,677 | €110,082 | €72,150 | €1.3m | €1.2m | ▼ 4.9% |
| Land and buildings22 | - | - | - | €1.3m | €1.2m | ▼ 4.1% |
| Plant, machinery and equipment23 | - | - | - | €5,308 | €3,840 | ▼ 27.7% |
| Furniture and vehicles24 | - | - | - | €19,204 | €8,848 | ▼ 53.9% |
| Financial fixed assets28 | €62 | €1,862 | €1,862 | €1,800 | €3,300 | ▲ 83.3% |
| Current assets29/58 | €2.0m | €1.8m | €2.2m | €2.2m | €2.2m | ▼ 1.9% |
| Stocks and contracts in progress3 | €13,882 | €85,894 | €133,500 | €223,576 | €296,137 | ▲ 32.5% |
| Stocks30/36 | - | - | - | €166,875 | €155,000 | ▼ 7.1% |
| Contracts in progress37 | - | - | - | €56,701 | €141,137 | ▲ 149% |
| Amounts receivable within one year40/41 | €744,559 | €1.6m | €1.9m | €1.9m | €1.8m | ▼ 5.3% |
| Trade receivables40 | - | - | - | €430,715 | €706,441 | ▲ 64.0% |
| Other amounts receivable41 | - | - | - | €1.5m | €1.1m | ▼ 25.5% |
| Current investments50/53 | €1.0m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €55,678 | €134,152 | €46,205 | €56,134 | €33,884 | ▼ 39.6% |
| Deferred charges and accrued income490/1 | - | - | - | €14,119 | €21,312 | ▲ 50.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.0m | €2.3m | €3.5m | €3.4m | ▼ 3.0% |
| Equity10/15 | €1.5m | €305,474 | €442,572 | €1.7m | €1.7m | ▲ 2.6% |
| Contributions10/11 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Capital10 | - | - | - | €148,736 | €148,736 | = |
| Issued capital100 | - | - | - | €148,736 | €148,736 | = |
| Revaluation surpluses12 | - | - | - | €1.2m | €1.2m | = |
| Reserves13 | €1.3m | €156,738 | €293,836 | €325,766 | €370,187 | ▲ 13.6% |
| Non-distributable reserves130/1 | - | - | - | €14,874 | €14,874 | = |
| Legal reserve130 | - | - | - | €14,874 | €14,874 | = |
| Distributable reserves133 | - | - | - | €310,892 | €355,314 | ▲ 14.3% |
| Amounts payable17/49 | €715,948 | €1.6m | €1.9m | €1.8m | €1.6m | ▼ 8.3% |
| Amounts payable after more than one year17 | €54,500 | €552,760 | €442,725 | €657,168 | €478,125 | ▼ 27.2% |
| Financial debts170/4 | - | - | - | €657,168 | €478,125 | ▼ 27.2% |
| Amounts payable within one year42/48 | €661,448 | €1.1m | €1.4m | €1.1m | €1.2m | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €203,047 | €189,571 | ▼ 6.6% |
| Financial debts43 | - | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - |
| Trade debts44 | €477,103 | €418,845 | €1.1m | €728,451 | €618,351 | ▼ 15.1% |
| Suppliers440/4 | - | - | - | €728,451 | €618,351 | ▼ 15.1% |
| Taxes, remuneration and social security45 | - | - | - | €180,942 | €85,982 | ▼ 52.5% |
| Taxes450/3 | - | - | - | €63,600 | €33,172 | ▼ 47.8% |
| Remuneration and social security454/9 | - | - | - | €117,342 | €52,809 | ▼ 55.0% |
| Other amounts payable47/48 | - | - | - | - | €269,673 | - |
| Accrued charges and deferred income492/3 | - | - | - | €21,118 | - | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €442,511 | €136,638 | €137,098 | €31,803 | €44,548 | ▲ 40.1% |
| + Depreciation and write-downs630 | €81,661 | €48,298 | €22,181 | €15,821 | €55,334 | ▲ 250% |
| Operating cash flow (approximation) | €524,172 | €184,936 | €159,280 | €47,624 | €99,882 | ▲ 110% |
| Investment in fixed assets (approximation) | - | - | €15,751 | -€1.2m | €6,387 | ▲ 101% |
| Change in cash | - | - | -€87,947 | €9,929 | -€22,250 | ▼ 324% |
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
2026
05-05
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 16-04-2026
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €31,803 ▼76.8%
Net result drops to €31,803, the lowest in the series.
30-06
Financial
Equity above €1mEq €1.7m ▲282%
4 profitable years in a row build equity to €1.7m.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 15 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 26 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
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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Directors · office · real estate
Directors
7 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, Houthalen-Helchteren · 2 establishment units since 1987
Ground area
1.7 ha
Building footprint
4,542 m²
Volume, LiDAR
28,870 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
HERCON NV
since 19872.033.046.259
Centrum-Zuid 2092, 3530 Houthalen-Helchteren
since 20202.300.950.559
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0913/00V007 | Flanders | 1.4 ha | 1 · 1,953 m² | 7.9 m · 2 fl. |
| 72015C0899/00G000 | Flanders | 2,844 m² | 1 · 2,589 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- DALGA HOLDING
- HERCON
Highest known parent: DALGA HOLDING. The sources do not say who stands above it.
Owners 1
- DALGA HOLDINGparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,386 EUR awarded · 2,386 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,386 EUR | 2,386 EUR |
Schemes
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 945 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-03-1987
Fiscal year end30-06
Activities, NACEBEL 2025
25530Machining of metals
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430658026
Also
9925:BE0430658026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.