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HERKENHOF

Active
Private limited company (pre-2019)founded 199333 yrs activeHasseltsesteenweg 17, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0449.933.510
Summary

The computed 12-month bankruptcy probability of HERKENHOF is 1.9% (moderate). The 2024 annual accounts show equity of €13,058 and a net result of €11,458. Equity is growing by ~52.9% per year across the filed fiscal years. The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Activity not known1 site
How big
€58,311turnover 2024
Equity
€13,058
Profit
€11,458
Financially healthy?
54 Fair Checked score 2024
Bankruptcy chance 12 m
1.9%
Who decides
Accounts 63 d overdue
Why 54- Figures for FY 2024 (filed 01-09-2025)- Liquidity: current ratio 0.01, cash €1,544+ Size: turnover €58,311, total assets €205,261+ Founded in 1993Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 31+5
equity 6.4% of total assets
Liquidity 13+2
short-term debt 70.5% · cash 0.8%
Profitability 84+1
return on assets 5.6%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

  • Size: turnover €58,311, total assets €205,261 lowers the probability for this profile
  • Figures for FY 2024 (filed 01-09-2025) raises the probability
  • Founded in 1993 lowers the probability for this profile
  • Liquidity: current ratio 0.01, cash €1,544 raises the probability
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.03 in 2023; short-term debt: 70.5% and cash: 0.8% of total assets), and 93.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 20%, liquidity 10%, profitability 67%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €58,311, total assets €205,261
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 01-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 0.01, cash €1,544
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 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 filings
Deviation from the deadline
2025
not confirmed
2024
32 d late
2023
142 d late
2022
124 d late
2021
489 d late
2020
60 d late
2018
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 148 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Highest result since 2018net €11,458 ▲28.4%
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 5 profitable years in a rowprofit 2024: €11,458 5 years View
  • Active since 1993founded 20-04-1993 33 years View

By topic

Financials

Fiscal year
2024
Turnover
€58,311
Profit
€11,458
Solvency
6.4%
Turnover▲ 31.7%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2015
  1. 01-09-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 20-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
20-04-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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