HERMAION
Dissolved and wound up on 10-06-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-03-2026 PDF all 33 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €180,000
Estimated: probably between €82,000 and €430,000
Total assets
€776,943▼ 13.2%
2024 · €894,593
Net result
€46,435▼ 38.5%
2024 · €75,459
Working capital
€773,345▼ 7.6%
2023 · €837,075
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€65,243
▼ 41.8%
2025
20192025
Net result
€46,435
▼ 38.5%
2025
20192025
Equity
€770,365
▲ 6.4%
2025
20192025
Total assets
€776,943
▼ 13.2%
2025
20192025
Debt
€78
▼ 99.9%
2025
20192025
Working capital
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€99,542-€110,804▲ 11.3%€413,425▲ 273%€96,491▼ 76.7%€106,603▲ 10.5%€112,191▲ 5.2%€65,243▼ 41.8%
Net result€56,924-€67,643▲ 18.8%€312,651▲ 362%€64,103▼ 79.5%€72,554▲ 13.2%€75,459▲ 4.0%€46,435▼ 38.5%
Equity€241,520-€309,163▲ 28.0%€621,815▲ 101%€685,918▲ 10.3%€758,471▲ 10.6%€723,930▼ 4.6%€770,365▲ 6.4%
Total assets€418,102-€444,984▲ 6.4%€773,987▲ 73.9%€779,077▲ 0.7%€841,747▲ 8.0%€894,593▲ 6.3%€776,943▼ 13.2%
Debt€54,382-€17,000▼ 68.7%€65,614▲ 286%€14,861▼ 77.4%€11,319▼ 23.8%€121,241▲ 971%€78▼ 99.9%
Working capital-€8,433-€60,331€701,436▲ 12×€762,418▲ 8.7%€837,075▲ 9.8%€773,345▼ 7.6%
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2019.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €776,943
Fixed assets
€241 ▼ 68.3%
Current assets
€776,702 ▼ 13.1%
Equity and liabilities €776,943
Equity
€770,365 ▲ 6.4%
Provisions
€6,500 ▼ 86.8%
Debt
€78 ▼ 99.9%
Debt's share of the balance-sheet total falls from 13.6% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,762▼
2024 · €112,710
Cash flow
€46,954▼
2024 · €75,978
Debt to equity
0.00▼
2024 · 0.17
ROE
6.0%▼
2024 · 10.4%
ROA
6.0%▼
2024 · 8.4%
Interest coverage
over 100
2024 · over 100
Income taxes
€18,504▼
2024 · €36,394
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €20,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,727 | €13,449 | €3,318 | €5,138 | €519 | €519 | €519 | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€8,259 | -€6,342 | -€22,535 | -€42,922 | ▼ 90.5% |
| Other operating charges640/8 | - | - | - | €850 | €1,315 | €1,410 | €629 | ▼ 55.4% |
| Gross operating margin9900 | €109,168 | €126,850 | €390,310 | €94,220 | €102,096 | €91,585 | €23,468 | ▼ 74.4% |
| Operating profit (loss)9901 | €99,542 | €110,804 | €413,425 | €96,491 | €106,603 | €112,191 | €65,243 | ▼ 41.8% |
| Financial income75/76B | - | - | - | €750 | - | - | - | - |
| Recurring financial income75 | - | €1 | €6,604 | €750 | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,079 | €692 | €338 | €303 | ▼ 10.4% |
| Recurring financial charges65 | €6,040 | €572 | €1,062 | €1,079 | €692 | €338 | €303 | ▼ 10.4% |
| Profit (loss) for the period before taxes9903 | €93,501 | €110,233 | €418,967 | €96,162 | €105,911 | €111,853 | €64,940 | ▼ 41.9% |
| Income taxes67/77 | €36,577 | €42,590 | €106,316 | €32,059 | €33,358 | €36,394 | €18,504 | ▼ 49.2% |
| Profit (loss) for the period9904 | €56,924 | €67,643 | €312,651 | €64,103 | €72,554 | €75,459 | €46,435 | ▼ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €56,924 | €67,643 | €312,651 | €64,103 | €72,554 | €75,459 | €46,435 | ▼ 38.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €418,102 | €444,984 | €773,987 | €779,077 | €841,747 | €894,593 | €776,943 | ▼ 13.2% |
| Fixed assets21/28 | €377,152 | €367,653 | €6,937 | €1,799 | €1,280 | €760 | €241 | ▼ 68.3% |
| Tangible fixed assets22/27 | €377,152 | €367,653 | €6,937 | €1,799 | €1,280 | €760 | €241 | ▼ 68.3% |
| Plant, machinery and equipment23 | - | - | - | €1,799 | €1,280 | €760 | €241 | ▼ 68.3% |
| Current assets29/58 | €40,950 | €77,331 | €767,050 | €777,278 | €840,468 | €893,833 | €776,702 | ▼ 13.1% |
| Amounts receivable within one year40/41 | €26,150 | €55,505 | €51,149 | €51,472 | €394,155 | €839,883 | €775,557 | ▼ 7.7% |
| Trade receivables40 | - | - | - | €100 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €51,372 | €394,155 | €839,883 | €775,557 | ▼ 7.7% |
| Cash at bank and in hand54/58 | €14,799 | €21,826 | €715,151 | €725,806 | €444,941 | €53,163 | €1,041 | ▼ 98.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,372 | €787 | €104 | ▼ 86.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €418,102 | €444,984 | €773,987 | €779,077 | €841,747 | €894,593 | €776,943 | ▼ 13.2% |
| Equity10/15 | €241,520 | €309,163 | €621,815 | €685,918 | €758,471 | €723,930 | €770,365 | ▲ 6.4% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €221,860 | €290,460 | €603,110 | €667,210 | €739,760 | €705,210 | €751,640 | ▲ 6.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €665,350 | €737,900 | €703,350 | €749,780 | ▲ 6.6% |
| Profit (loss) carried forward14 | €1,060 | €103 | €105 | €108 | €111 | €120 | €125 | ▲ 4.4% |
| Provisions and deferred taxes16 | €122,200 | €118,821 | €86,558 | €78,299 | €71,957 | €49,422 | €6,500 | ▼ 86.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €78,299 | €71,957 | €49,422 | €6,500 | ▼ 86.8% |
| Environmental obligations163 | - | - | - | €78,299 | €71,957 | €49,422 | €6,500 | ▼ 86.8% |
| Amounts payable17/49 | €54,382 | €17,000 | €65,614 | €14,861 | €11,319 | €121,241 | €78 | ▼ 99.9% |
| Amounts payable within one year42/48 | €49,383 | €17,000 | €65,614 | €14,861 | €3,393 | €120,487 | - | - |
| Trade debts44 | €11,097 | €6,081 | €488 | €221 | €35 | €3,920 | - | - |
| Suppliers440/4 | - | - | - | €221 | €35 | €3,920 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,451 | €3,358 | €6,567 | - | - |
| Taxes450/3 | - | - | - | €1,451 | €3,358 | €6,567 | - | - |
| Other amounts payable47/48 | - | - | - | €13,188 | - | €110,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €7,926 | €753 | €78 | ▼ 89.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,924 | €67,643 | €312,651 | €64,103 | €72,554 | €75,459 | €46,435 | ▼ 38.5% |
| + Depreciation and write-downs630 | €13,727 | €13,449 | €3,318 | €5,138 | €519 | €519 | €519 | = |
| Operating cash flow (approximation) | €70,651 | €81,092 | €315,970 | €69,241 | €73,073 | €75,978 | €46,954 | ▼ 38.2% |
| Investment in fixed assets (approximation) | - | -€3,950 | €357,398 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €7,027 | €693,325 | €10,655 | -€280,866 | -€391,777 | -€52,122 | ▲ 86.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-03-2026 | 2026-00066321 | |
| 30-09-2024 | micro format | 20-03-2025 | 2025-00051292 | |
| 30-09-2023 | micro format | 20-03-2024 | 2024-00046342 | |
| 30-09-2022 | micro format | 27-03-2023 | 2023-00045895 | |
| 30-09-2021 | micro format | 23-03-2022 | 2022-08300294 | |
| 30-09-2020 | micro format | 22-03-2021 | 2021-08000474 | |
| 30-09-2019 | micro format | 24-03-2020 | 2020-07300448 | |
| 30-09-2018 | micro format | 27-03-2019 | 2019-08200175 | |
| 30-09-2017 | micro format | 28-03-2018 | 2018-08300112 | |
| 31-12-2015 | abbreviated format | 21-06-2016 | 2016-20700072 |