HERMAN Patrick
ActiveHERMAN Patrick has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-101k) and a net result of €-25k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2021
Profitability100▲+100
Solvency33▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.62 in 2021), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
-135.5%
Return on assets
-33.3%
Age of the figures
20 mo
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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
1819202124
2018 to 2024 · latest year -€101k
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
2021
100 d late
2020
264 d late
2019
91 d late
2018
61 d late
2017
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-101k▼ 180%
2021 · €-36k
2018: €-122k
2019: €-98k
2020: €-92k
2021: €-36k
2018 → 2024
Total assets
€75k▼ 68.4%
2021 · €237k
2018: €251k
2019: €284k
2020: €274k
2021: €237k
2018 → 2024
Net result
€-25k
2021 · €56k
2018: €-24k
2019: €27k
2020: €5k
2021: €56k
2018 → 2024
Working capital
€-111k▼ 42.3%
2021 · €-78k
2018: €-145k
2019: €-158k
2020: €-152k
2021: €-78k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212024Trend
Equity€-122k-€-98k▲ 20.3%€-92k▲ 5.1%€-36k▲ 60.8%€-101k▼ 180%
Operating result€-5k-€44k€23k▼ 47.0%€68k▲ 194%€-20k
Net result€-24k-€27k€5k▼ 81.4%€56k▲ 1,021%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €20k after €68k in 2021, the lowest year so far.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €75k
Fixed assets
€36k▼ 67.4%
Current assets
€39k▼ 69.3%
Key figures and ratios
EBITDA
€24k▼
2021 · €115k
Cash flow
€19k▼
2021 · €103k
Solvency
-135.5%▼
2021 · -15.3%
Current ratio
0.26▼
2021 · 0.62
Quick ratio
0.26▼
2021 · 0.52
Debt / equity
-1.74▲
2021 · -7.53
ROE
24.6%▲
2021 · -155.0%
ROA
-33.3%▼
2021 · 23.7%
Interest coverage
5.07▼
2021 · 9.54
Debt
€176k▼
2021 · €273k
Debt ≤ 1 year
€150k▼
2021 · €205k
Debt > 1 year
€26k▼
2021 · €68k
Income taxes
€20▲
2021 · €-3
Staff costs
€-965▼
2021 · €11k
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 2021
Balance sheet
Code20212024
Assets
Total assets20/58€237k€75k▼
Fixed assets21/28€110k€36k▼
Tangible fixed assets22/27€110k€35k▼
Plant, machinery and equipment23€30k€6k▼
Furniture and vehicles24€46k€29k▼
Leasing and similar rights25€33k-
Financial fixed assets28€539€404▼
Current assets29/58€127k€39k▼
Stocks and contracts in progress3€21k-
Stocks30/36€21k-
Amounts receivable within one year40/41€91k€16k▼
Trade receivables40€89k€16k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€16k€23k▲
Equity and liabilities
Total equity and liabilities10/49€237k€75k▼
Equity10/15€-36k€-101k▼
Contributions10/11€12k€12k=
Capital10€12k-
Issued capital100€19k-
Uncalled capital101€6k-
Profit (loss) carried forward14€-49k€-114k▼
Amounts payable17/49€273k€176k▼
Amounts payable after more than one year17€68k€26k▼
Financial debts170/4€68k€26k▼
Amounts payable within one year42/48€205k€150k▼
Current portion of amounts payable after more than one year42€45k€11k▼
Financial debts43€27k€29k▲
Credit institutions430/8€27k€29k▲
Trade debts44€48k€50k▲
Suppliers440/4€48k€50k▲
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€12k€3k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€70k€56k▼
Income statement
Code20212024
Remuneration, social security and pensions62€11k€-965▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€44k▼
Other operating charges640/8€459€944▲
Non-recurring operating charges66A€200€17k▲
Gross operating margin9900€127k€41k▼
Operating profit (loss)9901€68k€-20k▼
Financial income75/76B€25€131▲
Recurring financial income75€25€131▲
Financial charges65/66B€12k€5k▼
Recurring financial charges65€12k€5k▼
Profit (loss) for the period before taxes9903€56k€-25k▼
Income taxes67/77€-3€20▲
Profit (loss) for the period9904€56k€-25k▼
Profit (loss) for the period to be appropriated9905€56k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-114k▼
Profit (loss) brought forward from the previous period14P€-105k€-89k▲
The notes to these accounts (7 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
Weakest financial yearnet €-25k ▼144%
Net result drops to €-25k, the lowest in the series.
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 264 days late
2021
31-12
Financial
Highest result since 2018net €56k ▲1021%
Operating result €68k, net result €56k, both a record.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
23-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 23 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, Florenville · 1 establishment unit since 2012
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.
Rue d'Orval 346820 FlorenvilleGround area
353 m²
Building footprint
108 m²
Volume, LiDAR
737 m³
Parcel 85011C0058/00Z000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Orval 34, 6820 Florenville
since 20122.213.894.445
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85011C0058/00Z000 | Wallonia | 353 m² | 1 · 108 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
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Pont-à-Celles
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 4,670 companies in sector 01610 we hold annual accounts for 1,363.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-10-2012
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
46214Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.