HERMAN TACK
ActiveHERMAN TACK has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €229k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-7
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 7.33 against 6.02 in 2024), and 13.3% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.7%
Return on assets
15.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
29 d early
2023
44 d early
2022
43 d early
2021
42 d early
2020
41 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.30M▲ 8.8%
2024 · €1.20M
2019: €539k
2020: €662k
2021: €876k
2022: €1.02M
2023: €1.11M
2024: €1.20M
2019 → 2025
Total assets
€1.50M▲ 5.4%
2024 · €1.43M
2019: €645k
2020: €729k
2021: €1.02M
2022: €1.31M
2023: €1.30M
2024: €1.43M
2019 → 2025
Net result
€229k▲ 0.5%
2024 · €228k
2019: €136k
2020: €124k
2021: €214k
2022: €280k
2023: €200k
2024: €228k
2019 → 2025
Working capital
€1.26M▲ 10.2%
2024 · €1.15M
2019: €527k
2020: €655k
2021: €863k
2022: €1.01M
2023: €1.10M
2024: €1.15M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€876k-€1.02M▲ 16.1%€1.11M▲ 8.7%€1.20M▲ 8.3%€1.30M▲ 8.8%
Operating result€310k-€406k▲ 31.2%€298k▼ 26.5%€300k▲ 0.6%€295k▼ 1.9%
Net result€214k-€280k▲ 31.0%€200k▼ 28.4%€228k▲ 13.9%€229k▲ 0.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.50M
Fixed assets
€40k▼ 22.9%
Current assets
€1.46M▲ 6.4%
Equity and liabilities €1.50M
Equity
€1.30M▲ 8.8%
Debt
€199k▼ 12.6%
The debt ratio falls from 16.0% to 13.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€308k▼
2024 · €309k
Cash flow
€243k▲
2024 · €237k
Solvency
86.7%▲
2024 · 84.0%
Current ratio
7.33▲
2024 · 6.02
Quick ratio
7.28▲
2024 · 5.98
Debt / equity
0.15▼
2024 · 0.19
ROE
17.6%▼
2024 · 19.1%
ROA
15.3%▼
2024 · 16.0%
Interest coverage
1047.91▼
2024 · 1229.68
Debt
€199k▼
2024 · €228k
Debt ≤ 1 year
€199k▼
2024 · €228k
Income taxes
€93k▼
2024 · €95k
Staff costs
€35k▼
2024 · €60k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.43M€1.50M▲
Fixed assets21/28€52k€40k▼
Tangible fixed assets22/27€52k€40k▼
Plant, machinery and equipment23€633€53▼
Furniture and vehicles24€51k€40k▼
Current assets29/58€1.37M€1.46M▲
Stocks and contracts in progress3€9k€10k▲
Stocks30/36€9k€10k▲
Amounts receivable within one year40/41€125k€96k▼
Trade receivables40€125k€96k▼
Current investments50/53€96k€99k▲
Cash at bank and in hand54/58€1.14M€1.26M▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.50M▲
Equity10/15€1.20M€1.30M▲
Contributions10/11€20k€20k=
Reserves13€1.18M€1.28M▲
Distributable reserves133€1.18M€1.28M▲
Amounts payable17/49€228k€199k▼
Amounts payable within one year42/48€228k€199k▼
Trade debts44€24k€21k▼
Suppliers440/4€24k€21k▼
Taxes, remuneration and social security45€66k€53k▼
Taxes450/3€61k€48k▼
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€138k€126k▼
Income statement
Code20242025
Remuneration, social security and pensions62€60k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k▲
Other operating charges640/8€7k€9k▲
Gross operating margin9900€377k€352k▼
Operating profit (loss)9901€300k€295k▼
Financial income75/76B€23k€28k▲
Recurring financial income75€23k€28k▲
Financial charges65/66B€251€294▲
Recurring financial charges65€251€294▲
Profit (loss) for the period before taxes9903€323k€323k▼
Income taxes67/77€95k€93k▼
Profit (loss) for the period9904€228k€229k▲
Profit (loss) for the period to be appropriated9905€228k€229k▲
Appropriation of the result
Profit (loss) to be appropriated9906€228k€229k▲
Transfer from equity791/2€136k€124k▼
Transfer to equity691/2€228k€229k▲
To other reserves6921€228k€229k▲
Profit to be distributed694/7€136k€124k▼
Return on contributions (dividend)694€136k€124k▼
Social balance
Average headcount (FTE)90871.01.0=
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
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €280k ▲31%
Operating result €406k, net result €280k, both a record.
30-06
Financial
Equity above €1MEq €1.02M ▲16.1%
4 profitable years in a row build equity to €1.02M.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €124k ▼9.2%
Net result drops to €124k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dentergem · 1 establishment unit since 1986
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.
Bulmolenweg(Mar) 448720 DentergemGround area
2,306 m²
Building footprint
233 m²
Volume, LiDAR
1,153 m³
Parcel 37006B0101/00M000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bulmolenweg(Mar) 44, 8720 Dentergem
since 19862.034.712.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37006B0101/00M000 | Flanders | 2,306 m² | 1 · 233 m² | 7.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500VZ2DIQDUIJFV14
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PARIMETAL
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SILBLOXX
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ALAIN DE MULDER
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Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-1986
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
29201Manufacture of motor vehicles, trailers and semi-trailers
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.