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BE 0799.225.560Private limited companyOpen bankruptcy
HERMAN 1874
Rue Jean Meunier,Halma 6 ·6922 Wellin, Belgium· 3 yrs active
Sector: NACE 14291
(14291)
Conclusion
A bankruptcy procedure is open for HERMAN 1874 according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €465k and a net result of €-35k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €465k |
| Net result | €-35k |
| Staff (FTE) | 10.6 |
| Better than sector | 64% |
Snowflake analysis
22
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
58
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-10-2024 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 14 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.2% | 15.9% | |
| Net result | €-35k | €-161 | |
| Equity | €465k | €7k | |
| Gross operating margin | €910k | €14k | |
| Total assets | €1.92M | €62k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €124k |
| Net profit | €-35k |
| Cash flow | €43k |
| Staff costs | €685k |
| Income taxes | €367 |
| Dividends | - |
| Total assets | €1.92M |
| Equity | €465k |
| Debt | €1.46M |
| of which ≤ 1y | €550k |
| of which > 1y | €894k |
| Working capital | €683k |
| Employees (FTE) | 10.6 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.24 |
| Quick ratio | 0.98 |
| Working capital ratio | 35.5% |
| Solvency | 24.2% |
| Debt / equity | 3.14 |
| Long-term debt ratio | 1.92 |
| Interest coverage | 1.28 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.8% |
| ROE | -7.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.92M |
| Fixed assets | 21/28 | €691k |
| Intangible fixed assets | 21 | €64k |
| Tangible fixed assets | 22/27 | €626k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €1.23M |
| Stocks & contracts in progress | 3 | €695k |
| Amounts receivable within one year | 40/41 | €451k |
| Cash & bank | 54/58 | €57k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.92M |
| Equity | 10/15 | €465k |
| Contributions / capital | 10/11 | €500k |
| Accumulated profits (losses) | 14 | €-35k |
| Amounts payable | 17/49 | €1.46M |
| Amounts payable after one year | 17 | €894k |
| Amounts payable within one year | 42/48 | €550k |
| Trade debts payable within one year | 44 | €83k |
| Income statement | ||
| Gross operating margin | 9900 | €910k |
| Operating result | 9901 | €46k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €97k |
| Result before taxes | 9903 | €-34k |
| Income taxes | 67/77 | €367 |
| Net result for the period | 9904 | €-35k |
| Result to be appropriated | 9905 | €-35k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JEAN CHARLES MOTTET PLACE DU FAYS 12,
6870 SAINT-HUBERT |
17-01-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | 14291 |
| Legal form | Private limited company(610) |
| Incorporation | 07-03-2023 |
| Status | Active |
| Postal code | 6922 |
| First BS signal | 05-02-2025 |
| Latest BS signal | 05-02-2025 |
Company structure, linked entities
Mandates
Establishment units
HERMAN 1874
since 20232.344.232.553
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84025B0464/00K000 | Wallonia | 5,756 m² | 1 · 2,220 m² | 6.4 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
05-02-2025
Bankruptcy
Opening
2024
29-10-2024
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
05-02-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Vervaardiging van hoeden en petten14191Vervaardiging van hoeden en petten14291Groothandel in kledingaccessoires46424Groothandel in kledingaccessoires46424Overige niet-gespecialiseerde detailhandel47120Detailhandel in kledingaccessoires in gespecialiseerde winkels47715Detailhandel in kledingaccessoires47715Detailhandel via postorderbedrijven of via internet47910
Primary activity highlighted.
Names & trade names
| Legal nameFR | HERMAN 1874 |
Registered office
Rue Jean Meunier,Halma 6
6922 Wellin, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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