HERMAN
ActiveHERMAN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64k and a net result of €9k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 71% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
98
/ 100
Excellent▲ +22 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+42
Solvency98▼-1
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.76 in 2023), and 42.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.9%
Return on assets
8.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
64 d late
2022
101 d late
2021
94 d late
2020
108 d late
2019
123 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€64k▼ 8.2%
2023 · €69k
2018: €66k
2019: €53k
2020: €59k
2021: €65k
2022: €65k
2023: €69k
2018 → 2024
Total assets
€110k▲ 2.0%
2023 · €108k
2018: €126k
2019: €163k
2020: €106k
2021: €103k
2022: €154k
2023: €108k
2018 → 2024
Net result
€9k▲ 128%
2023 · €4k
2018: €-6k
2019: €-13k
2020: €6k
2021: €6k
2022: €-50
2023: €4k
2018 → 2024
Working capital
€62k▼ 8.8%
2023 · €68k
2018: €55k
2019: €46k
2020: €56k
2021: €62k
2022: €63k
2023: €68k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€65k▲ 10.9%€65k▼ 0.1%€69k▲ 6.0%€64k▼ 8.2%
Operating result€1k-€8k▲ 434%€-11k€-1k▲ 89.8%€6k
Net result€6k-€6k▲ 7.9%€-50€4k€9k▲ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110k
Fixed assets
€2k▲ 23.2%
Current assets
€108k▲ 1.7%
Equity and liabilities €110k
Equity
€64k▼ 8.2%
Debt
€46k▲ 20.4%
The debt ratio rises from 35.7% to 42.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€7k▲
2023 · €-370
Cash flow
€10k▲
2023 · €5k
Solvency
57.9%▼
2023 · 64.3%
Current ratio
2.34▼
2023 · 2.76
Quick ratio
1.68▼
2023 · 1.83
Debt / equity
0.73▲
2023 · 0.55
ROE
14.1%▲
2023 · 5.7%
ROA
8.2%▲
2023 · 3.6%
Interest coverage
275.50▲
2023 · -1.60
Debt
€46k▲
2023 · €38k
Debt ≤ 1 year
€46k▲
2023 · €38k
Income taxes
€6k▲
2023 · €3k
Staff costs
€51k▼
2023 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€108k€110k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Current assets29/58€106k€108k▲
Stocks and contracts in progress3€36k€30k▼
Stocks30/36€36k€30k▼
Amounts receivable within one year40/41€42k€47k▲
Trade receivables40€18k€18k▲
Other amounts receivable41€24k€29k▲
Cash at bank and in hand54/58€27k€29k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€108k€110k▲
Equity10/15€69k€64k▼
Contributions10/11€19k€19k=
Reserves13€38k€33k▼
Distributable reserves133€38k€33k▼
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€38k€46k▲
Amounts payable within one year42/48€38k€46k▲
Trade debts44€18k€25k▲
Suppliers440/4€18k€25k▲
Taxes, remuneration and social security45€21k€21k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€15k€13k▼
Income statement
Code20232024
Remuneration, social security and pensions62€64k€51k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€762€810▲
Other operating charges640/8€11k€8k▼
Gross operating margin9900€75k€66k▼
Operating profit (loss)9901€-1k€6k▲
Financial income75/76B€10k€8k▼
Recurring financial income75€10k€8k▼
Financial charges65/66B€1k€26▼
Recurring financial charges65€231€26▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€7k€15k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€4k€9k▲
Profit (loss) for the period to be appropriated9905€4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€21k▲
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer from equity791/2€2k€15k▲
Transfer to equity691/2€6k€9k▲
To other reserves6921€6k€9k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Highest result since 2018net €9k ▲128%
Net result €9k, the highest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lanaken · 2 establishment units since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pastorijstraat 2A3620 LanakenGround area
3,945 m²
Building footprint
297 m²
Volume, LiDAR
2,057 m³
2 parcels, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
HERMAN
since 20032.132.672.286
Herman 3
since 20132.219.200.543
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042B0908/00A000 | Flanders | 3,541 m² | 1 · 98 m² | 12.5 m · 3 fl. |
| 73042B0287/00G002indicative | Flanders | 403 m² | 1 · 199 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLanaken2.219.200.543
Lanaken2.132.672.286
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PIECOVA
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AU BON COIN
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Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,613 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2003
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.