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HERDICO-VLEES

Active
Public limited companyfounded 198342 yrs activeEpelteer 6, 2320 Hoogstraten, BelgiumKBO/BCE: BE 0425.379.147

HERDICO-VLEES has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €151k and a net result of €109k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 2091 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
93 / 100
Excellent▲ +28 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency99▲+58
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 4.67 in 2023), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 42 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
1 d early
2022
3 d early
2021
5 d early
2020
2 d early
2019
1 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€151k▲ 264%
2023 · €41k
2018: €-261k 2019: €-268k 2020: €-300k 2021: €-325k 2022: €-57k 2023: €41k
2018 → 2024
Total assets
€236k▼ 37.2%
2023 · €376k
2018: €1.43M 2019: €1.43M 2020: €1.44M 2021: €1.45M 2022: €920k 2023: €376k
2018 → 2024
Net result
€109k▲ 10.9%
2023 · €99k
2018: €-266k 2019: €-77k 2020: €-32k 2021: €-24k 2022: €267k 2023: €99k
2018 → 2024
Working capital
€151k▼ 49.0%
2023 · €296k
2018: €142k 2019: €131k 2020: €99k 2021: €74k 2022: €339k 2023: €296k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-300k-€-325k▼ 8.1%€-57k▲ 82.4%€41k€151k▲ 264%
Operating result€-32k-€-24k▲ 24.0%€268k€99k▼ 63.1%€109k▲ 10.7%
Net result€-32k-€-24k▲ 23.5%€267k€99k▼ 63.1%€109k▲ 10.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2020: €-32k€-32kNet result 2020: €-32k€-32kOperating result 2021: €-24k€-24kNet result 2021: €-24k€-24kOperating result 2022: €268k€268kNet result 2022: €267k€267kOperating result 2023: €99k€99kNet result 2023: €99k€99kOperating result 2024: €109k€109kNet result 2024: €109k€109k20202021202220232024
The operating result recovers in 2024; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €236k
Equity €151k▲ 264%
Debt €85k▼ 74.5%
The debt ratio falls from 89.0% to 36.1%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
Solvency
63.9%
2023 · 11.0%
Current ratio
2.77
2023 · 4.67
Quick ratio
2.77
2023 · 4.67
Debt / equity
0.57
2023 · 8.06
ROE
72.5%
2023 · 237.6%
ROA
46.3%
2023 · 26.2%
Debt
€85k
2023 · €335k
Debt ≤ 1 year
€85k
2023 · €81k
Debt > 1 year
€0
2023 · €254k
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€376k€236k
Current assets29/58€376k€236k
Amounts receivable within one year40/41€8k€136k
Trade receivables40-€1k
Other amounts receivable41€8k€135k
Cash at bank and in hand54/58€368k€100k
Equity and liabilities
Total equity and liabilities10/49€376k€236k
Equity10/15€41k€151k
Contributions10/11€744k€744k=
Capital10€744k€744k=
Issued capital100€744k€744k=
Reserves13€116k€116k=
Non-distributable reserves130/1€74k€74k=
Legal reserve130€74k€74k=
Tax-exempt reserves132€42k€42k=
Profit (loss) carried forward14€-819k€-710k
Amounts payable17/49€335k€85k
Amounts payable after more than one year17€254k€0
Other amounts payable178/9€254k€0
Amounts payable within one year42/48€81k€85k
Trade debts44€750€6k
Suppliers440/4€750€6k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€80k€80k=
Income statement Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-217k
Other operating charges640/8€1k€93k
Gross operating margin9900€100k€-14k
Operating profit (loss)9901€99k€109k
Financial income75/76B€1€228
Recurring financial income75€1€228
Financial charges65/66B€175€242
Recurring financial charges65€175€242
Profit (loss) for the period before taxes9903€99k€109k
Profit (loss) for the period9904€99k€109k
Profit (loss) for the period to be appropriated9905€99k€109k
Appropriation of the result
Profit (loss) to be appropriated9906€-819k€-710k
Profit (loss) brought forward from the previous period14P€-917k€-819k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €151k ▲264%
3 profitable years in a row build equity to €151k.
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 4.67
Current ratio from 1.58 to 4.67; short-term debt falls from €581k to €81k.
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €267k
Net result €267k after 4 loss-making years.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-07-2025 Jacobus Herrijgers: Resigned as Managing director
17-12-2024 Katleen Herrijgers: Resigned as Director
30-06-2021 Katleen Herrijgers: Resigned as Director
20-12-2018 Paul DIERCKX: Resigned as Director
21-10-2014 Dierckx Christine: Resigned as Director
28-06-2013 Jacobus Herrijgers: Resigned as Managing director
28-06-2013 Katleen Herrijgers: Resigned as Director
28-06-2013 Frans Dierckx: Resigned as Director
28-06-2013 Gilberte Stockmans: Resigned as Director
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 1984
establishment The establishment unit on the map
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.

Epelteer 62320 Hoogstraten
Ground area
2,443 m²
Building footprint
312 m²
Volume, LiDAR
2,074 m³
Parcel 13014D0174/00P000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Epelteer 6, 2320 Hoogstraten
NACE 01232
since 19842.023.873.524
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13014D0174/00P000 Flanders 2,442 m² 1 · 312 m² 10.8 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.

Similar companies · same sector, comparable size

Of 595 companies in sector 10111 we hold annual accounts for 327. 236 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded22-12-1983
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
15111
10120Manufacture of food products
15121
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.