Equity
€248,144 ▲ 61.0%
Equity rose in 2025 from €154,169 to €248,144.
HERMANIA
Lifetime
12 annual accounts with figures on one time axis, 13 filings since 2011peak €634,364 (2025)
€634,364▲ 22.6%
lowest -€38,555 (2023)
€93,975▼ 40.9%
peak €248,144 (2025)
€248,144▲ 61.0%
€845,567▲ 0.1%
peak 1 FTE (2018)
-not published
Board2 names since 2010
1 directorLEYSSENS Bruno Paul Maria
Owners
100%A.C. CONSULTING
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Gross margin from €517,344 to €634,364Result from €158,901 to €93,975Equity from €154,169 to €248,144Investments €244,167
Key points
from the 2025 annual accountsDebts
€845,567 77% of the balance sheet
Financial debts 30%Suppliers 2%Taxes and wages 9%Other 59%
Of this, €589,752 falls due within a year.
Investments
€244,167 2.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 141.0% higher than in 2024.
Staff
8 employees on 31-12-2025
In 2025, 3 people joined and 1 left.
Board
1 joined · 1 left
Board changed. Latest change 15-06-2026 · 1 in office.
Position in the sector
€93,975
Higher net result than 90% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
96
Excellent
Financially stronger than 72% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%highest value
01-2025: 1.4%● unchanged vs 12-2024highest value
02-2025: 1.4%● unchanged vs 01-2025highest value
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.3%▼ -0.1 percentage points vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -1.2 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €1.1m
Figures for financial year 2025 (filed on 09-06-2026)
Liquidity: current ratio 1.16, cash €453,985
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 43% of them on solvency, 82% on liquidity, 76% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as HERMANIA has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HERMANIA itself is lower: < 0.1% within 12 months. It rests on far more data about HERMANIA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for HERMANIA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.34 in 2024), below the usual 1.5. Short-term debt is 53.9% and cash 41.5% of total assets. 77.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2024
24 days early
2023
5 days early
2022
6 days early
2021
3 days early
2020
1 day early
2019
101 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- A.C. CONSULTING 100%equity €7.1m (2025) · 2025 annual accounts of A.C. CONSULTING
Shares in 1 company, Polygon Vastgoed
Board & ownershipRecent changes
Resignation: Bruno Leyssens (director)
Appointment: Laurens Leyssens (director) · General meeting of 03-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0824633919
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen · Bilzen-Hoeselt
Company renamed from L&M VASTGOED to HERMANIA
Registered office moved from Zutendaal to Genk · New registered office: Dieplaan 11, 3600 Genk · Previous registered office: Daalstraat 1, 3690 Zutendaal · General meeting of 07-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HERMANIA Genk | €1.1m | €634,364 | 22.7% | - |
| ATS STEVENS Pelt | €1.2m | €841,929 | 17.6% | 8.1 |
| PAULUS IMMO Oudsbergen | €1.4m | €638,018 | 58.9% | - |
| VAN EERD VASTGOED IV Antwerp | €1.3m | €711,606 | -68.6% | - |
| FIAT LUX AD Saint-Ghislain | €1.2m | €499,904 | 37.2% | - |
| L.W. ADVISORY As | €1.3m | €297,774 | 8.6% | - |
| Merveyl Hotel Supplies Merchtem | €1.4m | €476,124 | 18.1% | - |
These companies have the same main activity as HERMANIA: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.2m and €1.4m, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 29-03-2010Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2025
- Establishment unit
- 2.187.800.9503600 Genk, since 02-04-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 02-04-2025
Annual accounts 2025
- ≈ €1.1mestimated
- €1.1m▲ 9.5%
- Employeeson 31-12-2025
- 8▲ 33.3%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on HERMANIA
HERMANIA files the micro format. That format states no turnover. The gross margin rose from €12,306 in 2011 to €634,364 in 2025.
A.C. CONSULTING holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HERMANIA
- What is the company number of HERMANIA?
- The company number of HERMANIA is 0824.633.919. The VAT number is the same number with BE in front: BE 0824.633.919.
- Where is HERMANIA based?
- The registered office is at Dieplaan 11, 3600 Genk.Company details
- What does HERMANIA do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of HERMANIA?
- HERMANIA is a private limited company (BV).
- When was HERMANIA founded?
- HERMANIA was founded on 29-03-2010.
- Is HERMANIA still active?
- Yes, HERMANIA is an active enterprise in the KBO register.
- How many employees does HERMANIA have?
- HERMANIA had an average of 6.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HERMANIA fall under?
- In its 2025 annual accounts, HERMANIA states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of HERMANIA?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €634,364 and 43 comparable companies (NACE 681). It probably lies between €840,000 and €1.9m.
- Is HERMANIA profitable?
- In financial year 2025, HERMANIA made a profit of €93,975.
- Where can I find the annual accounts of HERMANIA?
- HERMANIA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HERMANIA due?
- HERMANIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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