HERISSON
ActiveSummary
HERISSON has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.83M and a net result of €215k. Equity is growing by ~45.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1115 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+38
Solvency100▲+50
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 37.49 against 1.23 in 2023; short-term debt: 1.9% and cash: 18.1% of total assets), and 1.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
98.1%
Return on assets
11.5%
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 10-10-2025, 71 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
68 d late
2022
9 d late
2021
124 d late
2020
178 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€10.47M▲ 79.7%
2021 · €5.83M
2021: €5.83M
2022: €10.47M▲ +79.7% vs 2021
2021 → 2022
EBIT margin
9.5%▲ 0.4pp
2021 · 9.1%
2021: 9.1%
2022: 9.5%▲ +4.3% vs 2021
2021 → 2022
Net result
€215k▲ 11.4%
2023 · €193k
2018: €15k
2019: €6k▼ -59.2% vs 2018lowest in 7 years
2020: €330k▲ +5482% vs 2019
2021: €352k▲ +6.6% vs 2020
2022: €666k▲ +89.1% vs 2021highest in 7 years
2023: €193k▼ -71.0% vs 2022
2024: €215k▲ +11.4% vs 2023
2018 → 2024
Working capital
€1.32M▲ 18.9%
2023 · €1.11M
2018: €51klowest in 7 years
2019: €58k▲ +12.4% vs 2018
2020: €387k▲ +573% vs 2019
2021: €252k▼ -35.0% vs 2020
2022: €1.12M▲ +344% vs 2021
2023: €1.11M▼ -0.6% vs 2022
2024: €1.32M▲ +18.9% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€5.83M€10.47M▲ 79.7%
2021: €5.83M
2022: €10.47M▲ +79.7% vs 2021
Equity€395k-€759k▲ 92.3%€1.42M▲ 87.7%€1.62M▲ 13.6%€1.83M▲ 13.3%
2020: €395klowest in 5 years
2021: €759k▲ +92.3% vs 2020
2022: €1.42M▲ +87.7% vs 2021
2023: €1.62M▲ +13.6% vs 2022
2024: €1.83M▲ +13.3% vs 2023highest in 5 years
Operating result€501k-€533k▲ 6.3%€998k▲ 87.4%€286k▼ 71.3%€301k▲ 5.3%
2020: €501k
2021: €533k▲ +6.3% vs 2020
2022: €998k▲ +87.4% vs 2021highest in 5 years
2023: €286k▼ -71.3% vs 2022lowest in 5 years
2024: €301k▲ +5.3% vs 2023
Net result€330k-€352k▲ 6.6%€666k▲ 89.1%€193k▼ 71.0%€215k▲ 11.4%
2020: €330k
2021: €352k▲ +6.6% vs 2020
2022: €666k▲ +89.1% vs 2021highest in 5 years
2023: €193k▼ -71.0% vs 2022lowest in 5 years
2024: €215k▲ +11.4% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 5% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.87M
Fixed assets
€512k ▲ 1.0%
Current assets
€1.36M ▼ 77.2%
Equity and liabilities €1.87M
Equity
€1.83M ▲ 13.3%
Debt
€36k ▼ 99.3%
Debt's share of the balance-sheet total falls from 75.0% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€304k
Cash flow
€218k
Current ratio
37.49▲
2023 · 1.23
Debt to equity
0.02▼
2023 · 3.00
ROE
11.7%▼
2023 · 11.9%
ROA
11.5%▲
2023 · 3.0%
Interest coverage
233.14
Debt ≤ 1 year
€36k▼
2023 · €4.85M
Income taxes
€105k▲
2023 · €93k
Staff costs
€21k▲
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.47M€1.87M▼
Fixed assets21/28€507k€512k▲
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Financial fixed assets28€507k€507k=
Current assets29/58€5.96M€1.36M▼
Amounts receivable after more than one year29€250k€250k=
Other amounts receivable291€250k€250k=
Amounts receivable within one year40/41€5.33M€768k▼
Trade receivables40€5.03M€507k▼
Other amounts receivable41€295k€262k▼
Cash at bank and in hand54/58€385k€339k▼
Equity and liabilities
Total equity and liabilities10/49€6.47M€1.87M▼
Equity10/15€1.62M€1.83M▲
Contributions10/11€19k€19k=
Reserves13€1.58M€1.79M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.57M€1.79M▲
Profit (loss) carried forward14€23k€23k=
Amounts payable17/49€4.85M€36k▼
Amounts payable within one year42/48€4.85M€36k▼
Trade debts44€4.59M-
Suppliers440/4€4.59M-
Taxes, remuneration and social security45€251k€26k▼
Taxes450/3€251k€26k▼
Other amounts payable47/48€10k€11k▲
Income statement
Code20232024
Remuneration, social security and pensions62€21k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8€2k€6k▲
Gross operating margin9900€309k€331k▲
Operating profit (loss)9901€286k€301k▲
Financial income75/76B€770€20k▲
Recurring financial income75€770€20k▲
Financial charges65/66B€871€1k▲
Recurring financial charges65€871€1k▲
Profit (loss) for the period before taxes9903€286k€320k▲
Income taxes67/77€93k€105k▲
Profit (loss) for the period9904€193k€215k▲
Profit (loss) for the period to be appropriated9905€193k€215k▲
Appropriation of the result
Profit (loss) to be appropriated9906€216k€238k▲
Profit (loss) brought forward from the previous period14P€23k€23k=
Transfer to equity691/2€193k€215k▲
To other reserves6921€193k€215k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €5.83M | €10.47M | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €5.28M | €9.46M | - | - | - |
| Remuneration, social security and pensions62 | - | €18k | €19k | €21k | €21k | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €511 | €363 | €363 | - | €3k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | - | - | - | - |
| Other operating charges640/8 | - | €4k | €1k | €2k | €6k | ▲ 144% |
| Gross operating margin9900 | €527k | €558k | €1.02M | €309k | €331k | ▲ 7.0% |
| Operating profit (loss)9901 | €501k | €533k | €998k | €286k | €301k | ▲ 5.3% |
| Financial income75/76B | - | - | €0 | €770 | €20k | ▲ 2,499% |
| Recurring financial income75 | €3 | - | €0 | €770 | €20k | ▲ 2,499% |
| Financial charges65/66B | - | €491 | €914 | €871 | €1k | ▲ 49.8% |
| Recurring financial charges65 | €418 | €491 | €914 | €871 | €1k | ▲ 49.8% |
| Profit (loss) for the period before taxes9903 | €501k | €532k | €997k | €286k | €320k | ▲ 11.9% |
| Income taxes67/77 | €170k | €180k | €332k | €93k | €105k | ▲ 12.9% |
| Profit (loss) for the period9904 | €330k | €352k | €666k | €193k | €215k | ▲ 11.4% |
| Profit (loss) for the period to be appropriated9905 | €330k | €352k | €666k | €193k | €215k | ▲ 11.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.09M | €2.46M | €3.67M | €6.47M | €1.87M | ▼ 71.1% |
| Fixed assets21/28 | €7k | €507k | €507k | €507k | €512k | ▲ 1.0% |
| Tangible fixed assets22/27 | €726 | €363 | - | - | €5k | - |
| Furniture and vehicles24 | - | €363 | - | - | €5k | - |
| Financial fixed assets28 | €7k | €507k | €507k | €507k | €507k | = |
| Current assets29/58 | €1.08M | €1.96M | €3.16M | €5.96M | €1.36M | ▼ 77.2% |
| Amounts receivable after more than one year29 | - | - | - | €250k | €250k | = |
| Other amounts receivable291 | - | - | - | €250k | €250k | = |
| Amounts receivable within one year40/41 | €345k | €1.39M | €2.56M | €5.33M | €768k | ▼ 85.6% |
| Trade receivables40 | - | €778k | €2.46M | €5.03M | €507k | ▼ 89.9% |
| Other amounts receivable41 | - | €616k | €105k | €295k | €262k | ▼ 11.4% |
| Cash at bank and in hand54/58 | €736k | €563k | €597k | €385k | €339k | ▼ 12.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.09M | €2.46M | €3.67M | €6.47M | €1.87M | ▼ 71.1% |
| Equity10/15 | €395k | €759k | €1.42M | €1.62M | €1.83M | ▲ 13.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €366k | €718k | €1.38M | €1.58M | €1.79M | ▲ 13.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €716k | €1.38M | €1.57M | €1.79M | ▲ 13.7% |
| Profit (loss) carried forward14 | €23k | €23k | €23k | €23k | €23k | = |
| Amounts payable17/49 | €694k | €1.71M | €2.24M | €4.85M | €36k | ▼ 99.3% |
| Amounts payable within one year42/48 | €694k | €1.71M | €2.04M | €4.85M | €36k | ▼ 99.3% |
| Trade debts44 | €354k | €733k | €1.62M | €4.59M | - | - |
| Suppliers440/4 | - | €733k | €1.62M | €4.59M | - | - |
| Taxes, remuneration and social security45 | - | €954k | €412k | €251k | €26k | ▼ 89.8% |
| Taxes450/3 | - | €954k | €412k | €251k | €26k | ▼ 89.8% |
| Other amounts payable47/48 | - | €19k | €10k | €10k | €11k | ▲ 8.5% |
| Accrued charges and deferred income492/3 | - | - | €200k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €330k | €352k | €666k | €193k | €215k | ▲ 11.4% |
| + Depreciation and write-downs630 | €511 | €363 | €363 | - | €3k | - |
| Operating cash flow (approximation) | €331k | €352k | €666k | €193k | €218k | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | €-500k | €0 | €0 | €-8k | - |
| Change in cash | - | €-173k | €34k | €-212k | €-46k | ▲ 78.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 71 days late
2024
31-12
Financial
Liquidity times 31current ratio 37.49
Current ratio from 1.23 to 37.49; short-term debt falls from €4.85M to €36k.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 9 days late
2022
31-12
Financial
Highest result since 2018net €666k ▲89.1%
Operating result €998k, net result €666k, both a record.
31-12
Financial
Equity above €1MEq €1.42M ▲87.7%
5 profitable years in a row build equity to €1.42M.
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 124 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 178 days late
2021
31-12
Financial
Equity above €500kEq €759k ▲92.3%
4 profitable years in a row build equity to €759k.
2020
31-12
Financial
Equity above €200kEq €395k ▲513%
3 profitable years in a row build equity to €395k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €6k ▼59.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Thuin · 1 establishment unit since 1994
Ground area
1,061 m²
Building footprint
129 m²
Volume, LiDAR
776 m³
Parcel 56009A0261/00A002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Brûlée(BIE) 8, 6533 Thuin
since 19942.067.675.754
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56009A0261/00A002 | Wallonia | 1,061 m² | 1 · 129 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 2,487 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-07-1994
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.