HERMANS-BRACKE
Open bankruptcyA bankruptcy procedure is open for HERMANS-BRACKE according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-57k) and a net result of €-154k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-10-2020, 87 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€-57k
2018 · €97k
2018: €97k
2018 → 2019
Total assets
€509k▼ 15.3%
2018 · €601k
2018: €601k
2018 → 2019
Net result
€-154k▼ 382%
2018 · €-32k
2018: €-32k
2018 → 2019
Working capital
€-109k
2018 · €35k
2018: €35k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€97k-€-57k
Operating result€-16k-€-143k▼ 817%
Net result€-32k-€-154k▼ 382%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €143k in 2019 against €16k in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €509k
Fixed assets
€169k▼ 35.1%
Current assets
€340k▼ 0.3%
Key figures and ratios
EBITDA
€-85k▼
2018 · €59k
Cash flow
€-95k▼
2018 · €43k
Solvency
-11.2%▼
2018 · 16.1%
Current ratio
0.76▼
2018 · 1.12
Quick ratio
0.76▼
2018 · 1.12
Debt / equity
-2.04▼
2018 · 2.04
ROA
-30.2%▼
2018 · -5.3%
Debt
€566k▲
2018 · €504k
Debt ≤ 1 year
€450k▲
2018 · €306k
Debt > 1 year
€116k▼
2018 · €198k
Income taxes
€593▼
2018 · €645
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€601k€509k▼
Fixed assets21/28€260k€169k▼
Tangible fixed assets22/27€259k€168k▼
Financial fixed assets28€190€190=
Current assets29/58€341k€340k▼
Amounts receivable within one year40/41€71k€307k▲
Cash at bank and in hand54/58€22k€11k▼
Equity and liabilities
Total equity and liabilities10/49€601k€509k▼
Equity10/15€97k€-57k▼
Contributions10/11€12k€12k=
Reserves13€117k€117k=
Profit (loss) carried forward14€-32k€-186k▼
Amounts payable17/49€504k€566k▲
Amounts payable after more than one year17€198k€116k▼
Amounts payable within one year42/48€306k€450k▲
Trade debts44€176k€172k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€59k▼
Gross operating margin9900€328k€206k▼
Operating profit (loss)9901€-16k€-143k▼
Recurring financial income75€18k€19k▲
Recurring financial charges65€34k€29k▼
Profit (loss) for the period before taxes9903€-31k€-153k▼
Income taxes67/77€645€593▼
Profit (loss) for the period9904€-32k€-154k▼
Profit (loss) for the period to be appropriated9905€-32k€-154k▼
Timeline · acts, filings and financial milestones
2021
27-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · HERMANS-BRACKE BV JESSE- RENSTRAAT 66, 3840 BORGLOON · event 19-07-2021
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
06-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 67 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
2012
23-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 23 days late
SignalNBB filing
Directors · office · real estate
Directors
2 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, Tongeren-Borgloon · 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.
Jesserenstraat 663840 Tongeren-BorgloonGround area
689 m²
Building footprint
141 m²
Volume, LiDAR
802 m³
Parcel 73034B0076/00K000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jesserenstraat 66, 3840 Tongeren-Borgloon
since 20102.193.267.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73034B0076/00K000 | Flanders | 689 m² | 1 · 141 m² | 8.3 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | BERNARD TOPPET-HOEGARS BILZERSTEENWEG 263,
3700 TONGEREN |
19-07-2021 → present |
| Curator | PHILIPPE GHESQUIERE BILZER-
STEENWEG 263, 3700 TONGEREN |
19-07-2021 → present |
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Of 1,443 companies in sector 77110 we hold annual accounts for 726. 502 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-2010
Fiscal year end31-12
Activities, NACEBEL
77110Renting and leasing of cars and light motor vehicles
49410Freight transport by road
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.