HERMAR

HERMAR 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 €2.4m and a net result of -€2,777. Equity is shrinking by about 3.5% per year across the filed financial years. Its solvency ranks better than 40% of 3,028 sector peers (NACE 64, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.