HERMANS
ActiveThe computed 12-month bankruptcy probability of HERMANS is 1.5% (moderate). The 2025 annual accounts show equity of €14k and a net result of €-29k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 37% of 13009 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
2
/ 100
Critical▼ -77 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency16▼-46
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 1.23 in 2024), and 84.7% 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 56
Relative position
BE, all sectors
reference
Sector 56
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
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 2025Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-31.8%
Age of the figures
8 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
45 d early
2023
12 d early
2022
19 d early
2021
30 d late
2020
27 d late
2019
77 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€323k
EBIT margin
4.1%
Net result
€-29k
2024 · €12k
2018: €7k
2019: €-6k
2020: €3k
2021: €30k
2022: €7k
2023: €-19k
2024: €12k
2018 → 2025
Working capital
€-15k
2024 · €12k
2018: €-4k
2019: €-7k
2020: €-7k
2021: €25k
2022: €34k
2023: €-2k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€51k▲ 14.8%€32k▼ 37.7%€43k▲ 35.6%€14k▼ 67.5%
Operating result€38k-€13k▼ 65.0%€-13k€21k€-25k
Net result€30k-€7k▼ 75.6%€-19k€12k€-29k
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 2025: a loss of €25k after €21k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€46k▼ 13.4%
Current assets
€45k▼ 30.4%
Equity and liabilities €92k
Equity
€14k▼ 67.5%
Debt
€77k▲ 2.9%
The debt ratio rises from 63.6% to 84.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €40k
Cash flow
€-9k▼
2024 · €31k
Solvency
15.3%▼
2024 · 36.4%
Current ratio
0.75▼
2024 · 1.23
Quick ratio
0.06▼
2024 · 0.48
Debt / equity
5.52▲
2024 · 1.75
ROE
-207.4%▼
2024 · 28.3%
ROA
-31.8%▼
2024 · 10.3%
Interest coverage
-1.27▼
2024 · 9.45
Debt
€77k▲
2024 · €75k
Debt ≤ 1 year
€61k▲
2024 · €53k
Debt > 1 year
€17k▼
2024 · €22k
Income taxes
€237▼
2024 · €5k
Staff costs
€137k▲
2024 · €110k
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€118k€92k▼
Fixed assets21/28€53k€46k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€53k€46k▼
Plant, machinery and equipment23€9k€16k▲
Furniture and vehicles24€37k€25k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€600€600=
Current assets29/58€65k€45k▼
Stocks and contracts in progress3€39k€42k▲
Stocks30/36€39k€42k▲
Amounts receivable within one year40/41€2k-
Trade receivables40€697-
Other amounts receivable41€979-
Cash at bank and in hand54/58€23k€3k▼
Deferred charges and accrued income490/1€898€939▲
Equity and liabilities
Total equity and liabilities10/49€118k€92k▼
Equity10/15€43k€14k▼
Contributions10/11€6k€6k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€127€-29k▼
Amounts payable17/49€75k€77k▲
Amounts payable after more than one year17€22k€17k▼
Financial debts170/4€22k€17k▼
Amounts payable within one year42/48€53k€61k▲
Current portion of amounts payable after more than one year42€10k€12k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€17k€21k▲
Suppliers440/4€17k€21k▲
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€12k€15k▲
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€66€67▲
Income statement
Code20242025
Non-recurring operating income76A€7k€8k▲
Remuneration, social security and pensions62€110k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€156k€137k▼
Operating profit (loss)9901€21k€-25k▼
Financial income75/76B€69€93▲
Recurring financial income75€69€93▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€17k€-29k▼
Income taxes67/77€5k€237▼
Profit (loss) for the period9904€12k€-29k▼
Profit (loss) for the period to be appropriated9905€12k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€986€-29k▼
Profit (loss) brought forward from the previous period14P€-11k€127▲
Profit to be distributed694/7€859-
Return on contributions (dividend)694€859-
The notes to these accounts (9 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-29k ▼339%
Net result drops to €-29k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €30k ▲781%
Operating result €38k, net result €30k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Leopoldsburg · 1 establishment unit since 2015
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.
Nicolaylaan 293970 LeopoldsburgGround area
131 m²
Building footprint
130 m²
Volume, LiDAR
951 m³
Parcel 71034A0924/00A000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eetcafé De Tunnel
since 20152.243.719.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0924/00A000 | Flanders | 131 m² | 1 · 130 m² | 11.4 m · 3 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
Food safety, FASFC
1 siteLeopoldsburg2.243.719.965
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,309. 7,878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2000
Fiscal year end31-12
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.