Equity
-€180,610
Debts exceed assets in financial year 2025.
HERMAC
Overview
Lifetime
4 annual accounts with figures on one time axispeak €86,151 (2022)
€56,567▼ 17.3%
lowest -€79,551 (2023)
-€36,605▼ €2,499
peak -€30,347 (2022)
-€180,610▼ €36,605
€232,116▲ 13.1%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
26-02-202626 days late
2025micro format
Gross margin from €68,430 to €56,567Loss of €36,605Equity from -€144,005 to -€180,610Cash from €21,767 to €365
Key points
from the 2025 annual accountsLosses
-€185,610 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€232,116 451% of the balance sheet
Suppliers 8%Taxes and wages 12%Other 80%
Staff
3.5 FTE from 11.2 in 2023
Between 2023 and 2025, 69% of the full-time equivalents disappeared.
Filings
4 annual accounts 3 late
The 2022 accounts came latest: 27 days after the end of the period.
Position in the sector
-350.7%
Lower solvency than 95% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as HERMAC has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,007 companies, not a prediction for HERMAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 16-07-2021
Director, since 16-07-2021
- 25 sharesdeed of 20-07-2021
- 25 sharesdeed of 20-07-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771476929
Incorporation
Founding capital of €5,000, 50 shares · Founders: and · Appointments: (director) and (director) · published on 20-07-2021 · Gazette deed
First establishment
Helshovenstraat 3, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HERMAC Hasselt | €51,506 | €56,567 | -350.7% | - |
| LANGDIJK INTERNATIONAL TRADING Maasmechelen | €49,727 | €57,580 | 31.3% | - |
| GIGOVI Zaventem | €54,428 | €59,038 | 67.8% | - |
| AY WEY Charleroi | €45,862 | €52,849 | -57.0% | - |
| Mooy Bakery Antwerp | €57,067 | €61,969 | -33.4% | - |
| K.S. Uccle | €55,575 | €57,016 | -162.6% | - |
| 't Kwetterhof Begijnendijk | €56,312 | €62,602 | -8.8% | - |
These companies have the same main activity as HERMAC: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €45,900 and €57,100, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 16-07-2021Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 30-06-2025
- Establishment unit
- 2.319.923.7593800 Sint-Truiden, since 16-07-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 05-11-2025
Annual accounts to 30-06-2025
- €56,567▼ 17.3%
- ≈ €180,000estimated
- €36,605▲ 7.3%
- -€180,610▼ 25.4%
- €51,506▼ 15.9%
- Employeeson 30-06-2025
- 1=
- Filing
- Filed on 26-02-2026
Insights on HERMAC
HERMAC files the micro format. That format states no turnover. The gross margin fell from €86,151 in 2022 to €56,567 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-02-2026, 26 days late€56,567
▼ 17.3%
-€35,284
▼ €3,453
-€36,605
▼ €2,499
-€192,072
▼ €28,517
-350.7%
▼ 115.5 percentage points
0.17
▼ 0.03
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €240,000.
Balance sheet
balance sheet total €51,506 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-350.7%
Lower than 95% of 17,162 companies in 2025.
0.17
Higher than 8% of 16,586 companies in 2025.
-71.1%
Lower than 95% of 16,669 companies in 2025.
HERMAC
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€23,058
Staff costs divided by the average number of full-time equivalents.
level
people who joined
people who left
In 2025, 13 people joined and 13 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
51,506 | 61,226 | 59,637 | 66,248 | |
20 |
641 | 1,241 | 1,841 | 2,441 | |
21/28 |
10,821 | 18,309 | 25,798 | 33,286 | |
22/27 |
10,821 | 18,309 | 25,798 | 33,286 | |
23 |
9,603 | 15,983 | 22,363 | 28,743 | |
26 |
1,218 | 2,327 | 3,435 | 4,543 | |
29/58 |
40,044 | 41,675 | 31,998 | 30,520 | |
3 |
0 | 15,340 | 16,092 | 18,658 | |
30/36 |
0 | 15,340 | 16,092 | 18,658 | |
40/41 |
38,658 | 3,221 | 283 | 2,304 | |
40 |
38,161 | 3,221 | 283 | 1,965 | |
41 |
497 | - | 0 | 339 | |
54/58 |
365 | 21,767 | 14,752 | 8,761 | |
490/1 |
1,021 | 1,348 | 871 | 796 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
51,506 | 61,226 | 59,637 | 66,248 | |
10/15 |
-180,610 | -144,005 | -109,898 | -30,347 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
-185,610 | -149,005 | -114,898 | -35,347 | |
17/49 |
232,116 | 205,230 | 169,535 | 96,595 | |
42/48 |
232,116 | 205,230 | 169,535 | 96,595 | |
44 |
17,824 | 25,649 | 29,930 | 26,570 | |
440/4 |
17,824 | 25,649 | 29,930 | 26,570 | |
45 |
27,473 | 21,682 | 16,774 | 13,250 | |
450/3 |
4,822 | 5,708 | 7,688 | 4,784 | |
454/9 |
22,651 | 15,974 | 9,087 | 8,467 | |
47/48 |
186,818 | 157,899 | 122,830 | 56,775 | |
| Income statement | |||||
9900 |
56,567 | 68,430 | 35,769 | 86,151 | |
62 |
80,703 | 90,597 | 105,320 | 116,149 | |
630 |
8,089 | 8,089 | 8,089 | 4,715 | |
640/8 |
3,059 | 1,576 | 422 | 348 | |
9901 |
-35,284 | -31,831 | -78,061 | -35,061 | |
75/76B |
5 | 0 | 32 | 5 | |
75 |
5 | 0 | 32 | 5 | |
65/66B |
1,326 | 2,275 | 1,521 | 292 | |
65 |
1,326 | 2,275 | 1,521 | 292 | |
9903 |
-36,605 | -34,106 | -79,551 | -35,347 | |
9904 |
-36,605 | -34,106 | -79,551 | -35,347 | |
9905 |
-36,605 | -34,106 | -79,551 | -35,347 | |
| Appropriation of the result | |||||
9906 |
-185,610 | -149,005 | -114,898 | -35,347 | |
14P |
-149,005 | -114,898 | -35,347 | - | |
| Social balance sheet | |||||
9087 |
3.5 | 9.5 | 11.2 | 9.8 | |
Hours worked1013 |
2,403 | 3,526 | 4,061 | 4,674 | |
| Document | |||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00047760.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -27,196 | -23,743 | -69,973 | -30,346 | ||
| -28,517 | -26,018 | -71,462 | -30,632 | ||
| 600 | 600 | 600 | 37,443 | ||
| -21,402 | 7,015 | 5,991 | - | ||
| -192,072 | -163,555 | -137,537 | -66,075 | ||
| -350.7% | -235.2% | -184.3% | -45.8% | ||
| 0.17 | 0.20 | 0.19 | 0.32 | ||
| 0.17 | 0.13 | 0.09 | 0.12 | ||
| -71.1% | -55.7% | -133.4% | -53.4% | ||
| -20.51 | -10.44 | -46.01 | -103.96 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 7 | 5 |
| full-time | 1 | 1 | 1 | 2 |
| part-time | 0 | 0 | 6 | 3 |
| in full-time equivalents | 1 | 1 | 1.6 | 2.3 |
| 1.7 | 1.7 | 2.3 | 2.3 | |
| On a permanent contract | 1 | 1 | 2 | 3 |
| Joined | 13 | 17 | 25 | 32 |
| Left | 13 | 23 | 22 | 27 |
| Training hours | 0 | - | - | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €37,443 |
| €8,089 | €8,089 | €8,089 | €4,715 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on HERMAC
The operating result for 2025 is a loss of €35,284, larger than the loss of €31,831 in 2024.
Equity is negative. Debt (€232,116) exceeds the balance-sheet total (€51,506).
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 16-07-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 26-02-2026
Director (not named in the articles)
since 16-07-2021
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 26-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-07-2021
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), from 16-07-2021 to date
-
- Director (not named in the articles), from 16-07-2021 to date
Control
Founders
,
This company
HERMAC
Equity -€180,610
Loss €36,605 in 2025
Capital
- Contribution
- €5,000
- Shares
- 50
- Contribution per share
- €100
- Equity per share
- -€3,612 in 2025
- Source
- deed of 20-07-2021
Articles of association
deed of 20-07-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering die benoemt bepaalt aantal, duur opdracht en, indien meerdere, bevoegdheid”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen betreffende hun effecten”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, ten minste vijftien dagen te rekenen van dag openstelling intekening”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of December at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 20-07-2021 ↗
- 25 shares (50%) · €2,500
- 25 shares (50%) · €500
Network & group
No group
HERMAC has no parent and no holdings in its annual accounts.
At the same address
Mersenhovenstraat 53, 3723 Hasselt · 2 other companies| Fratec
registered office since 23-08-2019 · founded in 2019 |
total assets €129,207 (2025) 0732.821.934 |
| CHRISTIAENS HANS
registered office since 10-01-2017 · founded in 2017 |
total assets €100,313 (2025) 0668.950.701 |
Earlier ties
via , no longer at · Director · deed of 27-08-2019 founded in 2019 |
total assets €129,207 (2025) |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director (not named in the articles) · deed of 05-01-2024
Founded in 2017 · total assets €100,313 (2025)
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Annual accounts 2025 filed PDFmicro format · 26 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0771476929
Annual accounts 2024 filed PDFmicro format · 4 days late
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Weakest financial year net -€79,551 The net result drops to -€79,551, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 27 days late
2021
IncorporationFounding capital of €5,000, 50 shares · Founders: and · Appointments: (director) and (director) · published on 20-07-20218 points ▸
- Founder,
- Founder,
- Founding capital, €5,000, 50 shares
- 50 shares
- Registered office clause, Mersenhovenstraat 53, 3723 Kortessem (Guigoven)
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 3 more points.
First establishment Helshovenstraat 3, Sint-Truiden
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 16 July 2021, HERMAC was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 Of the 2 current board members, 2 have served since 2021.3 Total assets went from €66,248 in 2022 to €51,506 in 2025 and headcount from 9.8 to 3.5 full-time equivalents.4
Company details
Identity
- Enterprise number
- 0771.476.929
- VAT number
- BE 0771.476.929
- Peppol ID
- 0208:0771476929
- Other Peppol ID
- 9925:BE0771476929
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-07-2021
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of December at 10:00deed of 20-07-2021 (in Dutch)
- Peppol
- Reachable since 05-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- HERMAC in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-07-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-07-2021 (in Dutch)
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
Social security (RSZ) activities
56111
Full-service restaurants main activity
Joint committees annual accounts 30-06-2025
JC 302
Hotels and catering
Codes under NACEBEL 2008
VAT activities
56101
Full-service restaurants main activity
Social security (RSZ) activities
56101
Full-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De uitbating,het beheer en de inrichting van drankgelegenheden,verbruikssalons,cafés,tavernes,clubs,bars,tearooms,restaurants,hotels,traiteu…”deed of 20-07-2021 (in Dutch)
16 activities
- De uitbating,het beheer en de inrichting van drankgelegenheden,verbruikssalons,cafés,tavernes,clubs,bars,tearooms,restaurants,hotels,traiteurdiensten,alsook het inrichten van banketten,feestelijkheden en de verhuring van feestzalen,de bereiding en de handel,import en export van alle mogelijke koude en warme gerechten,dranken,gebak en confiserie,vlees- en viswaren,ijs en rookwaren en alle aanverwante artikelen
- Verschaffen van logies voor kortstondig verblijf in vakantiehuisjes en -appartementen,al dan niet in combinatie met het verschaffen van maaltijden in:hotels,motels en pensions(met hotel-service)
- Hotels en motels,met restaurant
- Gastenkamers
- Overige accommodaties voor kortstondig verblijf,n.e.g.
- Klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels
- Organiseren en verzorgen van bruiloften,banketten,recepties,congressen,lunches,conferenties,beurzen,seminaries,markten en allerhande evenementen
- De kleinhandel in voedingswaren,rookwaren,dranken,ansichtkaarten,souvenirs,fantasie- en luxeartikelen
- Groot- en kleinhandel in alle soorten dranken met inbegrip van geestrijke dranken
- De uitbating van een restaurant,frituur,spijshuis,verbruikssalon,drankgelegenheid,hotel,logement,tearoom,bodega’s,taverne,café,cafetaria,snackbar,dit in de meest ruime betekenis
- Decoratie en verkoop van bloemen
- Overige vormen van onderwijs
- Overige zakelijke dienstverlening
- Handelsbemiddeling in goederen,algemeen assortiment
- Overige dienstverlenende activiteiten op het gebied van informatie,n.e.g.
- Managementactiviteiten in alle ondernemingen ongeacht welke vennootschapsvorm:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Mersenhovenstraat 53 registered office 3723 Hasselt | |||
| Helshovenstraat 3 3800 Sint-Truiden | 16-07-2021 | 2.319.923.759 | Restaurant |
Buildings and parcels at the addresses
- Ground area
- 1,692 m²
- Buildings
- 543 m²
- Volume, LiDAR
- 3,004 m³
- Tallest building
- 11.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73020A0003/00V000 | 1,391 m² | 1 · 278 m² | 8.9 m · 2 |
| 71019B0265/00F000 | 301 m² | 1 · 266 m² | 11.0 m · 2 |
Recognitions
Food safety, FASFC
1 siteSint-Truidenunit number 2.319.923.759