HERIFRI

Active

Private limited companyfounded 20196 yrs activeHeirstraat(E) 18, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0734.838.643

The computed 12-month bankruptcy probability of HERIFRI is 3.4% (moderate). The 2024 annual accounts show equity of €298k and a net result of €43k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 2935 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

70 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability80▼-4

Solvency87▼-12

Growth52=

Track record100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €20k at 30 days acceptable

Liquidity ample (current ratio 2.42 against 4.13 in 2023; short-term debt: 33.6% and cash: 60.1% of total assets), and 37.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

31 d late

2023

714 d late

2022

4 d early

2021

23 d early

2020

40 d early

← before the deadline after the deadline →

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, abbreviated schema

Equity

€298k▲ 17.0%

2023 · €255k

2020: €89k 2021: €165k 2022: €213k 2023: €255k

2020 → 2024

Total assets

€478k▲ 38.9%

2023 · €344k

2020: €200k 2021: €272k 2022: €344k 2023: €344k

2020 → 2024

Net result

€43k▲ 3.8%

2023 · €42k

2020: €67k 2021: €79k 2022: €48k 2023: €42k

2020 → 2024

Working capital

€228k▲ 33.8%

2023 · €170k

2020: €77k 2021: €118k 2022: €159k 2023: €170k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€89k-€165k▲ 85.6%€213k▲ 29.0%€255k▲ 19.5%€298k▲ 17.0%

Operating result€89k-€104k▲ 17.2%€63k▼ 39.3%€73k▲ 14.8%€57k▼ 21.9%

Net result€67k-€79k▲ 17.7%€48k▼ 39.2%€42k▼ 13.1%€43k▲ 3.8%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 22% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €478k

18.7%

81.3%

Fixed assets €89k▼ 25.3%

Current assets €388k▲ 73.0%

Equity and liabilities €478k

62.4%

37.6%

Equity €298k▲ 17.0%

Debt €180k▲ 101%

The debt ratio rises from 26.0% to 37.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€90k▼

2023 · €104k

Cash flow

€76k▲

2023 · €73k

Solvency

62.4%▼

2023 · 74.0%

Current ratio

2.42▼

2023 · 4.13

Quick ratio

2.41▼

2023 · 4.10

Debt / equity

0.60▲

2023 · 0.35

ROE

14.5%▼

2023 · 16.3%

ROA

9.0%▼

2023 · 12.1%

Interest coverage

49.60▲

2023 · 31.71

Debt

€180k▲

2023 · €89k

Debt ≤ 1 year

€161k▲

2023 · €54k

Debt > 1 year

€19k▼

2023 · €33k

Income taxes

€12k▼

2023 · €28k

Staff costs

€57k▲

2023 · €47k

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€344k€478k▲

Fixed assets21/28€119k€89k▼

Intangible fixed assets21-€1k

Tangible fixed assets22/27€119k€88k▼

Plant, machinery and equipment23€46k€33k▼

Furniture and vehicles24€51k€36k▼

Other tangible fixed assets26€22k€18k▼

Current assets29/58€225k€388k▲

Stocks and contracts in progress3€2k€1k▼

Stocks30/36€2k€1k▼

Amounts receivable within one year40/41€13k€100k▲

Trade receivables40€13k€95k▲

Other amounts receivable41-€5k

Cash at bank and in hand54/58€200k€287k▲

Deferred charges and accrued income490/1€10k-

Equity and liabilities

Total equity and liabilities10/49€344k€478k▲

Equity10/15€255k€298k▲

Contributions10/11€22k€22k=

Reserves13€64k€64k=

Distributable reserves133€64k€64k=

Profit (loss) carried forward14€168k€212k▲

Amounts payable17/49€89k€180k▲

Amounts payable after more than one year17€33k€19k▼

Financial debts170/4€33k€19k▼

Amounts payable within one year42/48€54k€161k▲

Current portion of amounts payable after more than one year42€14k€14k=

Trade debts44€15k€111k▲

Suppliers440/4€15k€111k▲

Advances received on contracts in progress46-€24

Taxes, remuneration and social security45€23k€31k▲

Taxes450/3€15k€17k▲

Remuneration and social security454/9€8k€14k▲

Other amounts payable47/48€2k€4k▲

Accrued charges and deferred income492/3€2k-

Income statement Code20232024

Remuneration, social security and pensions62€47k€57k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€33k▲

Other operating charges640/8€62€988▲

Gross operating margin9900€151k€148k▼

Operating profit (loss)9901€73k€57k▼

Financial income75/76B€186€36▼

Recurring financial income75€186€36▼

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€69k€55k▼

Income taxes67/77€28k€12k▼

Profit (loss) for the period9904€42k€43k▲

Profit (loss) for the period to be appropriated9905€42k€43k▲

Appropriation of the result

Profit (loss) to be appropriated9906€168k€212k▲

Profit (loss) brought forward from the previous period14P€127k€168k▲

Social balance

Average headcount (FTE)90871.12.2▲

The notes to these accounts (11 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

All 9Financial 4Filings 5

2026

15-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 714 days late

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 31 days late

2023

31-12

Financial Weakest financial yearnet €42k ▼13.1%

Net result drops to €42k, the lowest in the series; recovery starts the following year.

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €200kEq €213k ▲29%

3 profitable years in a row build equity to €213k.

08-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2020net €79k ▲17.7%

Operating result €104k, net result €79k, both a record.

31-12

Financial Equity above €150kEq €165k ▲85.6%

2 profitable years in a row build equity to €165k.

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

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, Maasmechelen · 1 establishment unit since 2019

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.

Heirstraat(E) 183630 Maasmechelen

Ground area

540 m²

Building footprint

155 m²

Volume, LiDAR

924 m³

Parcel 73096B0490/00P000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Hermans Frieten en méér

Heirstraat(V) 18, 3630 MaasmechelenFull-service restaurants

since 20192.294.519.558

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73096B0490/00P000	Flanders	540 m²	1 · 155 m²	9.6 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

Braine-l'Alleud · Eq €297k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 5,755 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-09-2019

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:rik.hermans1@gmail.com

Enterprise