HERDUC
ActiveHERDUC has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €14k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+44
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.66 against 68.96 in 2024), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.9%
Return on assets
7.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
26 d early
2023
46 d early
2022
20 d early
2021
36 d early
2020
7 d late
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€154k▲ 9.7%
2024 · €140k
2018: €140k
2019: €136k
2020: €119k
2021: €128k
2022: €170k
2023: €169k
2024: €140k
2018 → 2025
Total assets
€177k▲ 24.4%
2024 · €142k
2018: €142k
2019: €139k
2020: €123k
2021: €131k
2022: €176k
2023: €171k
2024: €142k
2018 → 2025
Net result
€14k
2024 · €-28k
2018: €-36k
2019: €-4k
2020: €-17k
2021: €8k
2022: €42k
2023: €-1k
2024: €-28k
2018 → 2025
Working capital
€154k▲ 9.7%
2024 · €140k
2018: €139k
2019: €115k
2020: €102k
2021: €116k
2022: €164k
2023: €169k
2024: €140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€170k▲ 33.0%€169k▼ 0.8%€140k▼ 16.8%€154k▲ 9.7%
Operating result€-2k-€40k€-13k€-35k▼ 171%€6k
Net result€8k-€42k▲ 402%€-1k€-28k▼ 2,075%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €35k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €177k
Equity
€154k▲ 9.7%
Debt
€23k▲ 1,019%
The debt ratio rises from 1.5% to 13.1%: debt grows faster than equity.
Key figures and ratios
Solvency
86.9%▼
2024 · 98.5%
Current ratio
7.66▼
2024 · 68.96
Quick ratio
7.66▼
2024 · 68.96
Debt / equity
0.15▲
2024 · 0.01
ROE
8.9%▲
2024 · -20.2%
ROA
7.7%▲
2024 · -19.9%
Debt
€23k▲
2024 · €2k
Debt ≤ 1 year
€23k▲
2024 · €2k
Income taxes
€143▲
2024 · €135
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€142k€177k▲
Current assets29/58€142k€177k▲
Amounts receivable within one year40/41€133k€163k▲
Trade receivables40€62€33k▲
Other amounts receivable41€133k€130k▼
Cash at bank and in hand54/58€862€5k▲
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€142k€177k▲
Equity10/15€140k€154k▲
Contributions10/11€8k€8k=
Reserves13€162k€162k=
Distributable reserves133€162k€162k=
Profit (loss) carried forward14€-30k€-16k▲
Amounts payable17/49€2k€23k▲
Amounts payable within one year42/48€2k€23k▲
Financial debts43€340€21k▲
Credit institutions430/8€340€21k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€135€143▲
Taxes450/3€135€143▲
Income statement
Code20242025
Other operating charges640/8€582€387▼
Gross operating margin9900€-35k€6k▲
Operating profit (loss)9901€-35k€6k▲
Financial income75/76B€8k€8k▲
Recurring financial income75€8k€8k▲
Financial charges65/66B€872€280▼
Recurring financial charges65€872€280▼
Profit (loss) for the period before taxes9903€-28k€14k▲
Income taxes67/77€135€143▲
Profit (loss) for the period9904€-28k€14k▲
Profit (loss) for the period to be appropriated9905€-28k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-16k▲
Profit (loss) brought forward from the previous period14P€-1k€-30k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-09
Financial
Equity above €150kEq €154k ▲9.7%
Equity rises from €140k to €154k.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 71.04
Current ratio from 27.49 to 71.04; short-term debt falls from €6k to €2k.
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €42k ▲402%
Operating result €40k, net result €42k, both a record.
30-09
Financial
Equity above €150kEq €170k ▲33%
2 profitable years in a row build equity to €170k.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2001
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.
Van Elewyckstraat 261050 ElseneGround area
236 m²
Building footprint
131 m²
Volume, LiDAR
1,939 m³
Parcel 21444B0010/00C008, Brussels · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Van Elewyckstraat 26, 1050 Elsene
since 20012.094.429.146
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0010/00C008 | Brussels | 236 m² | 1 · 131 m² | 19.6 m · 6 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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ERTASOX
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Impact Finance Belgium
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1T1 INNOVATION SOLUTIONS
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 40,644 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2000
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.