Herd Communications
ActiveHerd Communications has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66k and a net result of €-39k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency83▲+13
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 1.83 in 2023; short-term debt: 41.6% and cash: 27.1% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.4%
Return on assets
-34.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
198 d late
2022
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€66k▼ 37.1%
2023 · €105k
2022: €47k
2023: €105k
2022 → 2024
Total assets
€113k▼ 51.1%
2023 · €231k
2022: €60k
2023: €231k
2022 → 2024
Net result
€-39k
2023 · €58k
2022: €37k
2023: €58k
2022 → 2024
Working capital
€66k▼ 37.0%
2023 · €104k
2022: €47k
2023: €104k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€47k-€105k▲ 123%€66k▼ 37.1%
Operating result€46k-€73k▲ 57.7%€-36k
Net result€37k-€58k▲ 56.5%€-39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €36k after €73k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€360▼ 45.3%
Current assets
€113k▼ 51.1%
Equity and liabilities €113k
Equity
€66k▼ 37.1%
Debt
€47k▼ 62.8%
The debt ratio falls from 54.6% to 41.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-36k▼
2023 · €73k
Cash flow
€-39k▼
2023 · €58k
Solvency
58.4%▲
2023 · 45.4%
Current ratio
2.40▲
2023 · 1.83
Quick ratio
2.40▲
2023 · 1.83
Debt / equity
0.71▼
2023 · 1.20
ROE
-58.9%▼
2023 · 55.2%
ROA
-34.4%▼
2023 · 25.1%
Interest coverage
-7.75▼
2023 · 750.79
Debt
€47k▼
2023 · €126k
Debt ≤ 1 year
€47k▼
2023 · €126k
Income taxes
€0▼
2023 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€231k€113k▼
Fixed assets21/28€658€360▼
Tangible fixed assets22/27€658€360▼
Furniture and vehicles24€658€360▼
Current assets29/58€231k€113k▼
Amounts receivable within one year40/41€87k€82k▼
Trade receivables40€75k€16k▼
Other amounts receivable41€12k€66k▲
Cash at bank and in hand54/58€143k€31k▼
Equity and liabilities
Total equity and liabilities10/49€231k€113k▼
Equity10/15€105k€66k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€95k€56k▼
Amounts payable17/49€126k€47k▼
Amounts payable within one year42/48€126k€47k▼
Trade debts44€80k€257▼
Suppliers440/4€80k€257▼
Taxes, remuneration and social security45€47k€47k▲
Taxes450/3€47k€47k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237€298▲
Gross operating margin9900€73k€-36k▼
Operating profit (loss)9901€73k€-36k▼
Financial income75/76B€1€2k▲
Recurring financial income75€1€2k▲
Financial charges65/66B€98€5k▲
Recurring financial charges65€98€5k▲
Profit (loss) for the period before taxes9903€73k€-39k▼
Income taxes67/77€15k€0▼
Profit (loss) for the period9904€58k€-39k▼
Profit (loss) for the period to be appropriated9905€58k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€56k▼
Profit (loss) brought forward from the previous period14P€37k€95k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 198 days late
2024
31-12
Financial
Weakest financial yearnet €-39k ▼167%
Net result drops to €-39k, the lowest in the series.
2023
31-12
Financial
Highest result since 2022net €58k ▲56.5%
Operating result €73k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲123%
2 profitable years in a row build equity to €105k.
30-06
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.
Directors · office · real estate
Directors
1 act for this company is 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, Vorst · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bondgenotenstraat 2161190 VorstGround area
2,305 m²
Building footprint
283 m²
Volume, LiDAR
5,474 m³
Parcel 21007A0069/00A072, Brussels · tallest building 23.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Herd Communications
since 20222.340.287.227
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0069/00A072 | Brussels | 2,305 m² | 1 · 283 m² | 23.3 m · 7 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.
Similar companies · same sector, comparable size
DGS CONSULTING
BE 0806.153.736
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BG Consulting International
BE 0771.412.789
Scherpenheuvel-Zichem · Eq €66k
HERON GOLF MANAGEMENT GROUP
BE 0554.862.071
Wijnegem · Eq €66k
DOGE CONSULTANCY
BE 0727.536.820
Beveren-Kruibeke-Zwijndrecht · Eq €66k
SEEDZ
BE 0788.631.180
Oudergem · Eq €66k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 39,421 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.