Hermatoo
ActiveHermatoo has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295k and a net result of €51k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 42% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+7
Solvency46▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 5.77 in 2024; short-term debt: 9.4% and cash: 0.7% of total assets), but 79.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
3.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €295k
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 22-05-2026, 70 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
70 d early
2024
115 d early
2023
26 d early
2022
111 d early
2021
32 d early
2020
32 d early
2019
52 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€295k▲ 21.1%
2024 · €243k
2018: €227k
2019: €226k
2020: €225k
2021: €225k
2022: €224k
2023: €221k
2024: €243k
2018 → 2025
Total assets
€1.43M▲ 76.3%
2024 · €809k
2018: €1.12M
2019: €1.04M
2020: €998k
2021: €944k
2022: €887k
2023: €829k
2024: €809k
2018 → 2025
Net result
€51k▲ 136%
2024 · €22k
2018: €-16k
2019: €-1k
2020: €-580
2021: €-292
2022: €-550
2023: €-3k
2024: €22k
2018 → 2025
Working capital
€408k▼ 13.4%
2024 · €471k
2018: €766k
2019: €708k
2020: €679k
2021: €622k
2022: €565k
2023: €506k
2024: €471k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€224k▼ 0.2%€221k▼ 1.2%€243k▲ 9.8%€295k▲ 21.1%
Operating result€-2k-€-2k▼ 2.4%€-4k▼ 80.7%€21k€53k▲ 157%
Net result€-292-€-550▼ 87.9%€-3k▼ 399%€22k€51k▲ 136%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 157% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€884k▲ 268%
Current assets
€543k▼ 4.7%
Equity and liabilities €1.43M
Equity
€295k▲ 21.1%
Debt
€1.13M▲ 100%
The debt ratio rises from 70.0% to 79.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k
Cash flow
€62k
Solvency
20.6%▼
2024 · 30.0%
Current ratio
4.03▼
2024 · 5.77
Quick ratio
4.03▼
2024 · 5.77
Debt / equity
3.84▲
2024 · 2.33
ROE
17.4%▲
2024 · 8.9%
ROA
3.6%▲
2024 · 2.7%
Interest coverage
3.27
Debt
€1.13M▲
2024 · €566k
Debt ≤ 1 year
€135k▲
2024 · €99k
Debt > 1 year
€998k▲
2024 · €467k
Income taxes
€0▼
2024 · €239
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€809k€1.43M▲
Fixed assets21/28€240k€884k▲
Tangible fixed assets22/27€240k€884k▲
Other tangible fixed assets26€240k€884k▲
Current assets29/58€569k€543k▼
Amounts receivable after more than one year29€472k€415k▼
Trade receivables290€472k€415k▼
Amounts receivable within one year40/41€57k€117k▲
Trade receivables40-€60k
Other amounts receivable41€57k€57k▼
Cash at bank and in hand54/58€40k€10k▼
Equity and liabilities
Total equity and liabilities10/49€809k€1.43M▲
Equity10/15€243k€295k▲
Contributions10/11€243k€243k=
Reserves13€716€52k▲
Distributable reserves133€716€52k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€566k€1.13M▲
Amounts payable after more than one year17€467k€998k▲
Financial debts170/4€467k€998k▲
Amounts payable within one year42/48€99k€135k▲
Current portion of amounts payable after more than one year42€57k€95k▲
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€9k€0▼
Taxes450/3€9k€0▼
Other amounts payable47/48€26k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€11k
Other operating charges640/8€140€306▲
Gross operating margin9900€21k€64k▲
Operating profit (loss)9901€21k€53k▲
Financial income75/76B€11k€18k▲
Recurring financial income75€11k€18k▲
Financial charges65/66B€10k€20k▲
Recurring financial charges65€10k€20k▲
Profit (loss) for the period before taxes9903€22k€51k▲
Income taxes67/77€239€0▼
Profit (loss) for the period9904€22k€51k▲
Profit (loss) for the period to be appropriated9905€22k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€716€51k▲
Profit (loss) brought forward from the previous period14P€-21k€0▲
Transfer to equity691/2€716€51k▲
To other reserves6921€716€51k▲
The notes to these accounts (11 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €51k ▲136%
Operating result €53k, net result €51k, both a record.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after 6 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Veurne · 1 establishment unit since 2017
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.
Slableedstraat 78630 VeurneGround area
2,362 m²
Building footprint
667 m²
Volume, LiDAR
34 m³
Parcel 38025F0288/00Z000, Flanders · tallest building 1.6 m. Linked by address, not a title deed.
1 establishment unit
Hermatoo
since 20172.269.814.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025F0288/00Z000 | Flanders | 2,362 m² | 1 · 667 m² | 1.6 m |
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.
Similar companies · same sector, comparable size
Bantaco
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VANECOL
BE 0831.266.640
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KARJAN
BE 0442.794.805
Destelbergen · Eq €294k
CHAMPIMAS
BE 0475.832.312
Moorslede · Eq €295k
BUILDING GRYVAN
BE 0829.694.745
Menen · Eq €295k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2017
Fiscal year end31-12
Trade name NL
Hermatoo BV
Activities, NACEBEL
68110Buying and selling of own real estate
66300Activities auxiliary to financial services and insurance activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.