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HERMANS AFBRAAKWERKEN

Active
Private limited companyfounded 2001active for 25 yearsKipdorpvest 21, 2000 Antwerpen, BelgiumKBO/BCE: BE 0473.780.761

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HERMANS AFBRAAKWERKEN has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€202,801) and a net result of €8,234. Equity has been growing by about 4.8% per year since 2018. Its solvency ranks better than 5% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 11-01-2001 Normal situation
Legal form
Private limited company
Registered office
Kipdorpvest 21, 2000 Antwerpen
Activity
Demolition NACE 43110
Establishment unit
2.330.251.883 2000 Antwerpen, since 01-12-2020
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€41,694
▲ 46.4%
Turnover
≈ €250,000
estimated
Profit
€8,234
▼ 47.2%
Equity
-€202,801
▲ 3.9%
Total assets
€39,390
▼ 5.9%
Staff
1.5 FTE
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€202,801Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €39,390Founded in 2001Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies in specialised construction (NACE 43)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -514.9% of total assets
Liquidity 20-3
short-term debt 76.5% · cash 9.3%
Profitability 95-5
return on assets 20.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -0.9 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026lowest value 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▼ -0.2 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.13 (0.99 in 2024), below the usual 1.5. Short-term debt is 76.5% and cash 9.3% of total assets. Equity is negative.
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 43, micro). It does better than 3% of them on solvency, 11% on liquidity, 81% on profitability and 44% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €39,390
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€202,801
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
28 days late
2022
29 days late
2021
30 days early
2020
88 days late
2019
119 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 42 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€202,801 View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.7% · 34,902 companies -514.9% View

Documents

Annual accounts at the NBB

All 25 annual accounts

Articles and registers

Key facts about HERMANS AFBRAAKWERKEN

What is the company number of HERMANS AFBRAAKWERKEN?
The company number of HERMANS AFBRAAKWERKEN is 0473.780.761. The VAT number is the same number with BE in front: BE 0473.780.761.
Where is HERMANS AFBRAAKWERKEN based?
The registered office is at Kipdorpvest 21, 2000 Antwerpen.Company details
What does HERMANS AFBRAAKWERKEN do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of HERMANS AFBRAAKWERKEN?
The legal form of HERMANS AFBRAAKWERKEN is Private limited company (BV).
When was HERMANS AFBRAAKWERKEN founded?
HERMANS AFBRAAKWERKEN was founded on 11-01-2001.
Is HERMANS AFBRAAKWERKEN still active?
Yes, HERMANS AFBRAAKWERKEN is an active enterprise in the KBO register.
How many employees does HERMANS AFBRAAKWERKEN have?
HERMANS AFBRAAKWERKEN had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HERMANS AFBRAAKWERKEN?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €41,694 and 32 comparable companies (NACE 431). It probably lies between €160,000 and €510,000.
Is HERMANS AFBRAAKWERKEN profitable?
In financial year 2025, HERMANS AFBRAAKWERKEN made a profit of €8,234.
Where can I find the annual accounts of HERMANS AFBRAAKWERKEN?
HERMANS AFBRAAKWERKEN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HERMANS AFBRAAKWERKEN due?
HERMANS AFBRAAKWERKEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as HERMANS AFBRAAKWERKEN: demolition (NACE 43110). They are comparable in size and age: total assets between €28,000 and €63,000, founded between 1994 and 2006.

CompanyTotal assetsGross margin
HERMANS AFBRAAKWERKEN Antwerpen€39,390€41,694
ARTAVIA Grez-Doiceau€37,671€68,954
T.T. GENT Gent€62,951€59,675
ASSAINISSEMENT GENIE CIVIL TERRASSEMENT TRANSPORT Momignies€56,365€51,519
ZK Rénovation Anderlecht€56,528€27,065
SBDB Baelen€58,932€60,023
BEL RENOVATION Brussel€28,010€22,695
Full comparison

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