Checked.be
Active
BE 0450.131.369Private limited company
HERLUX
Heierveld 48 ·1730 Asse, Belgium· 33 yrs active
Sector: Other tax advisory services
(69209)
Conclusion
HERLUX has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-121k) and a net result of €-5k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 1957 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €-121k |
| Net result | €-5k |
| Better than sector | 5% |
| Active | 33 yrs |
Financial profile
48
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
26
Profitability
21
Solvency
34
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1993, 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
26
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
10
2023
15
2024
26
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.53 (< 1.0)
-10
Quick ratio
Quick ratio 0.53 (< 0.6)
-5
Equity
Negative equity
-25
Profitability
ROE 4%
+3
Interest coverage
Interest coverage 43.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-02-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~15.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -37.9% | 53.8% | |
| Net result | €-5k | €43k | |
| Equity | €-121k | €56k | |
| Gross operating margin | €17k | €68k | |
| Total assets | €320k | €133k |
€16k
-
23-25
€-5k
+83.7%
23-25
€16k
-
23-25
€320k
-0.4%
23-25
€-121k
-4.4%
23-25
€-106k
+12.7%
23-25
€335k
+1.1%
23-25
€229k
+1.6%
23-25
€107k
0.0%
23-25
0.53
+16.8%
23-25
0.53
+16.8%
23-25
-37.9%
-4.9%
23-25
-2.76
+3.1%
23-25
4.2%
-84.4%
23-25
-1.6%
+83.6%
23-25
43.84
-
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €16k | €-10k | €-17k |
| Net profit | €-5k | €-31k | €-38k |
| Cash flow | €16k | €-11k | €-17k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €320k | €322k | €370k |
| Equity | €-121k | €-116k | €-85k |
| Debt | €335k | €332k | €348k |
| of which ≤ 1y | €229k | €225k | €239k |
| of which > 1y | €107k | €107k | €107k |
| Working capital | €-106k | €-122k | €-108k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.53 | 0.46 | 0.55 |
| Quick ratio | 0.53 | 0.46 | 0.55 |
| Working capital ratio | -33.2% | -37.9% | -29.4% |
| Solvency | -37.9% | -36.2% | -23.0% |
| Debt / equity | -2.76 | -2.85 | -4.10 |
| Long-term debt ratio | -0.88 | -0.92 | -1.26 |
| Interest coverage | 43.84 | -28.38 | -57.34 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -1.6% | -9.8% | -10.2% |
| ROE | 4.2% | 27.0% | 44.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €320k | €322k | €370k |
| Fixed assets | 21/28 | €198k | €219k | €240k |
| Tangible fixed assets | 22/27 | €198k | €219k | €240k |
| Current assets | 29/58 | €122k | €103k | €130k |
| Amounts receivable within one year | 40/41 | €51k | €51k | €51k |
| Investments | 50/53 | €0 | €0 | €0 |
| Cash & bank | 54/58 | €1k | €2k | €2k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €320k | €322k | €370k |
| Equity | 10/15 | €-121k | €-116k | €-85k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €14k | €14k | €14k |
| Accumulated profits (losses) | 14 | €-154k | €-149k | €-118k |
| Provisions & deferred taxes | 16 | €107k | €107k | €107k |
| Amounts payable | 17/49 | €335k | €332k | €348k |
| Amounts payable after one year | 17 | €107k | €107k | €107k |
| Amounts payable within one year | 42/48 | €229k | €225k | €239k |
| Trade debts payable within one year | 44 | €851 | €851 | €898 |
| Income statement | ||||
| Gross operating margin | 9900 | €17k | €-8k | €-17k |
| Operating result | 9901 | €-5k | €-31k | €-38k |
| Financial income | 75 | - | - | €0 |
| Financial charges | 65 | €363 | €365 | €294 |
| Result before taxes | 9903 | €-5k | €-31k | €-38k |
| Net result for the period | 9904 | €-5k | €-31k | €-38k |
| Result to be appropriated | 9905 | €-5k | €-31k | €-38k |
Directors & mandates
Current directors & mandates
-
ICKX LucManagerState Gazette act 24320795 (11-01-2024)Current11-01-2024 → present
2 events
- 11-01-2024 Resigned· Manager
- 11-01-2024 Appointed· Manager
Legal Structure
| NACE primary | Other tax advisory services(69209) |
| Legal form | Private limited company(610) |
| Incorporation | 14-05-1993 |
| Status | Active |
| Postal code | 1730 |
Establishment units
HERLUX BVBA
since 19932.062.942.748
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322C0029/00D000 | Flanders | 2,563 m² | 1 · 290 m² | 6.9 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
11-01
State Gazette act
Capital & shares
v3.2
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 190 days late
State Gazette actNBB filing
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 1
11-01-2024
v3.2
All acts · 1
updated 2 years ago
2024
11-01-2024 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0450.131.369",
"name_full": "HERLUX"
}
}Credit advice
Company registry (CBE)
Activities
Legal and accounting activities69202Other tax advisory services6920974121
Names & trade names
| Legal nameNL | HERLUX |
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