Herlinde Burez has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €496,501 and a net result of €155,882. Its solvency ranks better than 80% of 9,708 sector peers (NACE 69, financial year 2020). The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2020 (filed 30-12-2020)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 12.18, cash €424,199Equity €496,501 (79.4% of total assets)neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100+5
equity 79.4% of total assets
Liquidity100=
short-term debt 6.0% · cash 67.8%
Profitability100=
return on assets 24.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (20,025 companies, NACE 69, micro)
Last 24 months11-2024: < 0.1%highest value12-2024: < 0.1%● unchanged vs 11-2024highest value01-2025: < 0.1%● unchanged vs 12-202402-2025: < 0.1%● unchanged vs 01-202503-2025: < 0.1%● unchanged vs 02-202504-2025: < 0.1%● unchanged vs 03-202505-2025: < 0.1%● unchanged vs 04-202506-2025: < 0.1%● unchanged vs 05-202507-2025: < 0.1%● unchanged vs 06-202508-2025: < 0.1%● unchanged vs 07-202509-2025: < 0.1%● unchanged vs 08-2025lowest value10-2025: < 0.1%● unchanged vs 09-2025lowest value11-2025: < 0.1%● unchanged vs 10-2025lowest value12-2025: < 0.1%● unchanged vs 11-2025lowest value01-2026: < 0.1%● unchanged vs 12-2025lowest value02-2026: < 0.1%● unchanged vs 01-2026lowest value03-2026: < 0.1%● unchanged vs 02-2026lowest value04-2026: < 0.1%● unchanged vs 03-2026lowest value05-2026: < 0.1%● unchanged vs 04-202606-2026: < 0.1%● unchanged vs 05-202607-2026: < 0.1%● unchanged vs 06-202608-2026: < 0.1%● unchanged vs 07-202609-2026: < 0.1%● unchanged vs 08-202610-2026: < 0.1%● unchanged vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 41 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
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neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2020 · micro…
Annual accounts filedfinancial year 2019 · micro…
Annual accounts filedfinancial year 2018 · micro…
Key points
Risk: Accounts not fileddeadline was 31-01-20221718 days lateView
Positive: Among the best 7% on net resultsector median €25,524 · 9,708 companies€155,882View
Positive: Equity rose in 2020from €340,618 to €496,501▲ 45.8%View