HERMANN R & S
ActiveHERMANN R & S has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239k and a net result of €-71k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-60
Solvency34▼-12
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 0.85 in 2024), and 73.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
on the day
2023
21 d late
2022
7 d early
2021
12 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-71k
2024 · €37k
2018: €23k
2019: €-4k
2020: €85k
2021: €11k
2022: €84k
2023: €-10k
2024: €37k
2018 → 2025
Working capital
€-52k▼ 35.4%
2024 · €-39k
2018: €27k
2019: €-18k
2020: €-20k
2021: €22k
2022: €-13k
2023: €-104k
2024: €-39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€243k-€321k▲ 32.4%€310k▼ 3.6%€309k▼ 0.2%€239k▼ 22.7%
Operating result€15k-€-1k€-10k▼ 632%€60k€-63k
Net result€11k-€84k▲ 681%€-10k€37k€-71k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €63k after €60k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €896k
Fixed assets
€767k▲ 0.2%
Current assets
€128k▼ 43.4%
Equity and liabilities €896k
Equity
€239k▼ 22.7%
Debt
€657k▼ 4.0%
The debt ratio rises from 68.9% to 73.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€89k▼
2024 · €224k
Cash flow
€80k▼
2024 · €201k
Solvency
26.7%▼
2024 · 31.1%
Current ratio
0.71▼
2024 · 0.85
Quick ratio
0.65▼
2024 · 0.74
Debt / equity
2.75▲
2024 · 2.21
ROE
-29.9%▼
2024 · 12.0%
ROA
-8.0%▼
2024 · 3.7%
Interest coverage
4.59▼
2024 · 12.02
Debt
€657k▼
2024 · €684k
Debt ≤ 1 year
€181k▼
2024 · €266k
Debt > 1 year
€476k▲
2024 · €418k
Income taxes
€1k▼
2024 · €11k
Staff costs
€145k▲
2024 · €136k
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€993k€896k▼
Fixed assets21/28€766k€767k▲
Tangible fixed assets22/27€766k€767k▲
Land and buildings22€398k€381k▼
Plant, machinery and equipment23€35k€35k▼
Furniture and vehicles24€218k€73k▼
Leasing and similar rights25€115k€279k▲
Current assets29/58€227k€128k▼
Stocks and contracts in progress3€30k€11k▼
Contracts in progress37€30k€11k▼
Amounts receivable within one year40/41€105k€28k▼
Trade receivables40€85k€8k▼
Other amounts receivable41€20k€20k▼
Cash at bank and in hand54/58€71k€73k▲
Deferred charges and accrued income490/1€21k€16k▼
Equity and liabilities
Total equity and liabilities10/49€993k€896k▼
Equity10/15€309k€239k▼
Contributions10/11€13k€13k=
Reserves13€219k€219k=
Distributable reserves133€219k€219k=
Profit (loss) carried forward14€55k€-16k▼
Investment grants15€23k€24k▲
Amounts payable17/49€684k€657k▼
Amounts payable after more than one year17€418k€476k▲
Financial debts170/4€418k€476k▲
Amounts payable within one year42/48€266k€181k▼
Current portion of amounts payable after more than one year42€97k€120k▲
Trade debts44€137k€45k▼
Suppliers440/4€137k€45k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€20k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€78k€3k▼
Remuneration, social security and pensions62€136k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€152k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€368k€244k▼
Operating profit (loss)9901€60k€-63k▼
Financial income75/76B€7k€12k▲
Recurring financial income75€7k€12k▲
Financial charges65/66B€19k€19k▲
Recurring financial charges65€19k€19k▲
Profit (loss) for the period before taxes9903€48k€-70k▼
Income taxes67/77€11k€1k▼
Profit (loss) for the period9904€37k€-71k▼
Profit (loss) for the period to be appropriated9905€37k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€-16k▼
Profit (loss) brought forward from the previous period14P€55k€55k=
Transfer from equity791/2€36k-
Transfer to equity691/2€37k-
To other reserves6921€37k-
Profit to be distributed694/7€36k-
Return on contributions (dividend)694€36k-
The notes to these accounts (10 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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-71k ▼293%
Net result drops to €-71k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
31-12
Financial
Equity above €200kEq €257k ▲45.5%
Equity rises from €177k to €257k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sankt Vith · 1 establishment unit since 2010
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.
Zénobe-Gramme-Straße 24780 Sankt Vith1 establishment unit
R&S Bau
since 20102.188.121.347
Similar companies · same sector, comparable size
YOUNG BUILDING PROJECTS
BE 0887.108.451
Vilvoorde · Eq €239k
B. BERISHA REAL ESTATE
BE 0791.196.831
Sint-Truiden · Eq €239k
MAISONS DUVAL
BE 0818.451.356
Couvin · Eq €239k
B&A CONCEPT
BE 0697.853.137
Liège · Eq €239k
GORRENS D
BE 0892.629.929
Rijkevorsel · Eq €239k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 11,520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
42212Civil engineering
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
49410Freight transport by road
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filings
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.