HERMAR
ActiveHERMAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.40M and a net result of €-3k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 2384 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
on the day
2022
on the day
2021
on the day
2020
62 d early
2019
65 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€2.40M▼ 0.1%
2024 · €2.40M
2019: €2.92M
2021: €2.73M
2022: €2.74M
2023: €2.51M
2024: €2.40M
2019 → 2025
Net result
€-3k▲ 97.5%
2024 · €-110k
2019: €-616k
2021: €63k
2022: €6k
2023: €-231k
2024: €-110k
2019 → 2025
Total assets
€4.86M▼ 0.4%
2024 · €4.89M
2019: €5.13M
2021: €3.75M
2022: €4.19M
2023: €5.11M
2024: €4.89M
2019 → 2025
Solvency
49.3%▲ 0.2pp
2024 · 49.1%
2019: 56.9%
2021: 72.8%
2022: 65.4%
2023: 49.1%
2024: 49.1%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€571k-€563k▼ 1.5%€540k▼ 4.1%€648k▲ 20.1%€532k▼ 17.9%
Equity€2.73M-€2.74M▲ 0.2%€2.51M▼ 8.4%€2.40M▼ 4.4%€2.40M▼ 0.1%
Operating result€50k-€8k▼ 84.7%€-227k€-101k▲ 55.3%€5k
Net result€63k-€6k▼ 90.3%€-231k€-110k▲ 52.3%€-3k▲ 97.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €101k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.86M
Fixed assets
€3.20M▼ 1.6%
Current assets
€1.67M▲ 1.9%
Equity and liabilities €4.86M
Equity
€2.40M▼ 0.1%
Debt
€2.47M▼ 0.7%
The debt ratio falls from 50.9% to 50.7%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
49.3%▲
2024 · 49.1%
ROE
-0.1%▲
2024 · -4.6%
ROA
-0.1%▲
2024 · -2.3%
Debt
€2.47M▼
2024 · €2.49M
Debt ≤ 1 year
€2.45M▼
2024 · €2.46M
Debt > 1 year
€16k▼
2024 · €24k
Income taxes
€2k▼
2024 · €2k
Staff costs
€99k▼
2024 · €280k
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€4.89M€4.86M▼
Fixed assets21/28€3.25M€3.20M▼
Intangible fixed assets21€23k€13k▼
Tangible fixed assets22/27€215k€172k▼
Land and buildings22€155-
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€41k€32k▼
Leasing and similar rights25€31k€20k▼
Other tangible fixed assets26€137k€116k▼
Financial fixed assets28€3.01M€3.01M=
Affiliated companies280/1€3.01M€3.01M=
Participating interests280€918k€918k=
Amounts receivable281€2.10M€2.10M=
Other financial fixed assets284/8€370€370=
Amounts receivable and cash guarantees285/8€370€370=
Current assets29/58€1.63M€1.67M▲
Amounts receivable within one year40/41€1.60M€1.64M▲
Trade receivables40€78k€67k▼
Other amounts receivable41€1.53M€1.57M▲
Cash at bank and in hand54/58€19k€14k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€4.89M€4.86M▼
Equity10/15€2.40M€2.40M▼
Contributions10/11€2.68M€2.68M=
Reserves13€7k€7k=
Tax-exempt reserves132€7k€7k=
Profit (loss) carried forward14€-284k€-287k▼
Amounts payable17/49€2.49M€2.47M▼
Amounts payable after more than one year17€24k€16k▼
Financial debts170/4€24k€16k▼
Leasing and similar obligations172€24k€16k▼
Amounts payable within one year42/48€2.46M€2.45M▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€31k€34k▲
Suppliers440/4€31k€34k▲
Advances received on contracts in progress46-€47k
Taxes, remuneration and social security45€38k€17k▼
Taxes450/3€38k€17k▼
Remuneration and social security454/9€914-
Other amounts payable47/48€2.38M€2.35M▼
Income statement
Code20242025
Operating income70/76A€732k€612k▼
Turnover70€648k€532k▼
Other operating income74€81k€80k▼
Non-recurring operating income76A€3k-
Operating charges60/66A€834k€607k▼
Services and other goods61€484k€436k▼
Remuneration, social security and pensions62€280k€99k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€56k▼
Other operating charges640/8€13k€16k▲
Operating profit (loss)9901€-101k€5k▲
Financial income75/76B€5€10▲
Recurring financial income75€5€10▲
Other financial income752/9€5€10▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Debt charges650€7k€6k▼
Other financial charges652/9€122€133▲
Profit (loss) for the period before taxes9903€-109k€-1k▲
Income taxes67/77€2k€2k▼
Taxes670/3€2k€2k▼
Profit (loss) for the period9904€-110k€-3k▲
Profit (loss) for the period to be appropriated9905€-110k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-284k€-287k▼
Profit (loss) brought forward from the previous period14P€-174k€-284k▼
Social balance
Average headcount (FTE)90876.11.6▼
The notes to these accounts (45 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2009
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-07-2009
Herlinde, Celesta, Frieda, Herman, Stefaan DE BRABANDERE: Resigned as Manager
20-07-2009
Marc Julia Leon TIMMERMANS: Resigned as Manager
20-07-2009
Marcel TIMMERMANS: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2001
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.
Nieuwe Baan 1359111 Sint-NiklaasGround area
6,442 m²
Building footprint
1,290 m²
Parcel 46002C0270/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Nieuwe Baan 135, 9111 Sint-Niklaas
since 20012.095.328.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002C0270/00H000 | Flanders | 6,442 m² | 1 · 1,290 m² | - |
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.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 10,326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2001
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:marc.timmermans@hermar.net
Phone:037787383
E-mail:ronny@hermar.net