Hergon
ActiveHergon has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-77k) and a net result of €-84k. Equity is shrinking by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 1493 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
7
/ 100
Critical▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+29
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.07 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-78%
Return on assets
-85.5%
Age of the figures
11 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€77k
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
54 d early
2023
17 d late
2022
94 d early
2021
149 d early
2020
38 d early
2019
23 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
€-77k
2024 · €7k
2018: €160k
2019: €120k
2020: €92k
2021: €57k
2022: €60k
2023: €79k
2024: €7k
2018 → 2025
Total assets
€98k▼ 26.2%
2024 · €133k
2018: €187k
2019: €140k
2020: €130k
2021: €77k
2022: €223k
2023: €255k
2024: €133k
2018 → 2025
Net result
€-84k▼ 17.5%
2024 · €-72k
2018: €70k
2019: €-39k
2020: €-28k
2021: €-35k
2022: €3k
2023: €19k
2024: €-72k
2018 → 2025
Working capital
€-165k▼ 41.7%
2024 · €-116k
2018: €107k
2019: €85k
2020: €76k
2021: €20k
2022: €-101k
2023: €-89k
2024: €-116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€60k▲ 6.0%€79k▲ 30.9%€7k▼ 90.6%€-77k
Operating result€-34k-€5k€20k▲ 346%€-69k€-81k▼ 17.1%
Net result€-35k-€3k€19k▲ 447%€-72k€-84k▼ 17.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €81k in 2025 against €69k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€90k▼ 28.1%
Current assets
€9k▲ 2.5%
Key figures and ratios
EBITDA
€-40k▼
2024 · €-19k
Cash flow
€-43k▼
2024 · €-21k
Solvency
-78.0%▼
2024 · 5.6%
Current ratio
0.05▼
2024 · 0.07
Quick ratio
0.05▼
2024 · 0.07
Debt / equity
-2.28▼
2024 · 16.97
ROE
109.7%▲
2024 · -965.7%
ROA
-85.5%▼
2024 · -53.7%
Interest coverage
-12.39▼
2024 · -7.26
Debt
€175k▲
2024 · €126k
Debt ≤ 1 year
€173k▲
2024 · €125k
Staff costs
€39k▲
2024 · €8k
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€133k€98k▼
Fixed assets21/28€125k€90k▼
Tangible fixed assets22/27€125k€90k▼
Plant, machinery and equipment23€51k€36k▼
Furniture and vehicles24€73k€54k▼
Current assets29/58€8k€9k▲
Amounts receivable within one year40/41€8k€8k▲
Trade receivables40€7k€8k▲
Other amounts receivable41€316€0▼
Deferred charges and accrued income490/1€850€614▼
Equity and liabilities
Total equity and liabilities10/49€133k€98k▼
Equity10/15€7k€-77k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€-158k€-242k▼
Amounts payable17/49€126k€175k▲
Amounts payable within one year42/48€125k€173k▲
Financial debts43€15k€31k▲
Credit institutions430/8€15k€31k▲
Trade debts44€3k€437▼
Suppliers440/4€3k€437▼
Taxes, remuneration and social security45€10k€15k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€97k€126k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€8k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€41k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-8k€733▲
Operating profit (loss)9901€-69k€-81k▼
Financial income75/76B€67€0▼
Recurring financial income75€67€0▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-72k€-84k▼
Profit (loss) for the period9904€-72k€-84k▼
Profit (loss) for the period to be appropriated9905€-72k€-84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-158k€-242k▼
Profit (loss) brought forward from the previous period14P€-86k€-158k▼
The notes to these accounts (5 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-84k
Net result drops to €-84k, the lowest in the series.
07-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Leuven · 1 establishment unit since 1987
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.
Eikenboslaan 283010 LeuvenGround area
1.6 ha
Building footprint
3,343 m²
Volume, LiDAR
17,149 m³
2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hergon Renting Company; Hergon Import & Export; Hergon Import; Hergon Export; Hergon Invest
since 19872.032.437.337
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127E0018/00K012 | Flanders | 1.3 ha | 1 · 2,916 m² | 7.6 m · 2 fl. |
| 24483D0272/00Y000 | Flanders | 2,831 m² | 1 · 427 m² | 5.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BREDA CAR
BE 0742.998.917
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MG RENT
BE 1007.674.701
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ARTEMAX
BE 0738.950.453
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Of 1,434 companies in sector 77110 we hold annual accounts for 724. 278 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-03-1987
Fiscal year end30-09
Abbreviation NL
HRC
Trade name NL
Hergon Renting Company
Activities, NACEBEL
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.