HERMES
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 09-07-2024 was due by 09-02-2025 and was filed on 05-11-2024, 96 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
96 d early
2023
89 d early
2022
66 d early
2021
48 d early
2020
92 d early
2019
46 d early
2018
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 67 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€0▼ 100%
2023 · €510,692
Total assets
€503,539▼ 3.3%
2023 · €520,680
Net result
€2,277▼ 99.4%
2023 · €359,404
Working capital
€0▼ 100%
2023 · €510,692
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€259,091▲ 119%€248,194▼ 4.2%€239,566▼ 3.5%€533,240▲ 123%-€4,220
Net result€247,330▲ 138%€240,017▼ 3.0%€230,845▼ 3.8%€359,404▲ 55.7%€2,277▼ 99.4%
Equity€130,426▲ 15.3%€140,443▲ 7.7%€151,287▲ 7.7%€510,692▲ 238%€0▼ 100%
Total assets€637,120▼ 9.2%€559,867▼ 12.1%€524,769▼ 6.3%€520,680▼ 0.8%€503,539▼ 3.3%
Debt€506,694▼ 13.9%€419,424▼ 17.2%€373,481▼ 11.0%€9,988▼ 97.3%€503,539▲ 4,941%
Working capital-€183,586▲ 12.7%-€163,240▲ 11.1%-€145,604▲ 10.8%€510,692€0▼ 100%
Staff (FTE)3.3▼ 10.8%3.2▼ 3.0%3.1▼ 3.1%1▼ 67.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result -99% on 2023. This fiscal year ran 6 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,220 after €533,240 in 2023, the lowest result in the available series.
Key figures and ratios
Solvency
0.0%▼
2023 · 98.1%
Current ratio
1.00▼
2023 · 52.13
ROA
0.5%▼
2023 · 69.0%
Debt ≤ 1 year
€503,539▲
2023 · €9,988
Income taxes
€759▼
2023 · €169,356
Staff costs
-€1,162▼
2023 · €110,126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €185,986 | €181,011 | €110,126 | -€1,162 | ▼ 101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,745 | €44,745 | €44,745 | €0 | - | - |
| Other operating charges640/8 | - | €849 | €589 | €559 | €0 | ▼ 100% |
| Gross operating margin9900 | €470,580 | €479,775 | €465,910 | €643,926 | -€5,382 | ▼ 101% |
| Operating profit (loss)9901 | €259,091 | €248,194 | €239,566 | €533,240 | -€4,220 | ▼ 101% |
| Financial income75/76B | - | €2 | - | - | €7,421 | - |
| Recurring financial income75 | - | €2 | - | - | €7,421 | - |
| Financial charges65/66B | - | €1,916 | €1,845 | €4,480 | €165 | ▼ 96.3% |
| Recurring financial charges65 | €2,958 | €1,916 | €1,845 | €4,480 | €165 | ▼ 96.3% |
| Profit (loss) for the period before taxes9903 | €256,133 | €246,281 | €237,721 | €528,760 | €3,036 | ▼ 99.4% |
| Income taxes67/77 | €8,802 | €6,264 | €6,876 | €169,356 | €759 | ▼ 99.6% |
| Profit (loss) for the period9904 | €247,330 | €240,017 | €230,845 | €359,404 | €2,277 | ▼ 99.4% |
| Profit (loss) for the period to be appropriated9905 | €247,330 | €240,017 | €230,845 | €359,404 | €2,277 | ▼ 99.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €637,120 | €559,867 | €524,769 | €520,680 | €503,539 | ▼ 3.3% |
| Fixed assets21/28 | €423,836 | €379,091 | €334,347 | €0 | - | - |
| Intangible fixed assets21 | €423,836 | €379,091 | €334,347 | €0 | - | - |
| Current assets29/58 | €213,284 | €180,775 | €190,422 | €520,680 | €503,539 | ▼ 3.3% |
| Amounts receivable within one year40/41 | €196,201 | €158,078 | €179,062 | €28,218 | €1,880 | ▼ 93.3% |
| Trade receivables40 | - | €152,332 | €178,938 | €28,218 | €106 | ▼ 99.6% |
| Other amounts receivable41 | - | €5,746 | €124 | €0 | €1,775 | - |
| Current investments50/53 | - | - | - | €476,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €15,378 | €21,532 | €9,958 | €16,314 | €501,659 | ▲ 2,975% |
| Deferred charges and accrued income490/1 | - | €1,165 | €1,402 | €148 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €637,120 | €559,867 | €524,769 | €520,680 | €503,539 | ▼ 3.3% |
| Equity10/15 | €130,426 | €140,443 | €151,287 | €510,692 | €0 | ▼ 100% |
| Contributions10/11 | - | €90,000 | €90,000 | €90,000 | €0 | ▼ 100% |
| Reserves13 | €34,000 | €34,000 | €34,000 | €393,404 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | €9,000 | €9,000 | €9,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €9,000 | €9,000 | €9,000 | €0 | ▼ 100% |
| Distributable reserves133 | - | €25,000 | €25,000 | €384,404 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €6,426 | €16,443 | €27,287 | €27,287 | €0 | ▼ 100% |
| Amounts payable17/49 | €506,694 | €419,424 | €373,481 | €9,988 | €503,539 | ▲ 4,941% |
| Amounts payable after more than one year17 | €109,492 | €73,394 | €36,898 | €0 | - | - |
| Financial debts170/4 | - | €73,394 | €36,898 | €0 | - | - |
| Amounts payable within one year42/48 | €396,869 | €344,015 | €336,026 | €9,988 | €503,539 | ▲ 4,941% |
| Current portion of amounts payable after more than one year42 | - | €36,099 | €36,496 | €0 | - | - |
| Financial debts43 | - | - | €39,164 | €0 | - | - |
| Credit institutions430/8 | - | - | €39,164 | €0 | - | - |
| Trade debts44 | €59,798 | €30,641 | €7,079 | €0 | €106 | - |
| Suppliers440/4 | - | €30,641 | €7,079 | €0 | €106 | - |
| Taxes, remuneration and social security45 | - | €47,275 | €33,287 | €9,988 | €0 | ▼ 100% |
| Taxes450/3 | - | €5,298 | €3,572 | €9,356 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €41,977 | €29,715 | €633 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €230,000 | €220,000 | €0 | €503,434 | - |
| Accrued charges and deferred income492/3 | - | €2,015 | €557 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €247,330 | €240,017 | €230,845 | €359,404 | €2,277 | ▼ 99.4% |
| + Depreciation and write-downs630 | €44,745 | €44,745 | €44,745 | €0 | - | - |
| Operating cash flow (approximation) | €292,075 | €284,762 | €275,589 | €359,404 | €2,277 | ▼ 99.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €334,347 | - | - |
| Change in cash | - | €6,154 | -€11,574 | €6,356 | €485,345 | ▲ 7,536% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
09-07
Financial
Weakest financial yearnet €2,277 ▼99.4%
Net result drops to €2,277, the lowest in the series.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €359,404 ▲55.7%
Operating result €533,240, net result €359,404, both a record.
31-12
Financial
Liquidity times 92current ratio 52.13
Current ratio from 0.57 to 52.13; short-term debt falls from €336,026 to €9,988.
31-12
Financial
Equity above €500,000Eq €510,692 ▲238%
6 profitable years in a row build equity to €510,692.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150,000Eq €151,287 ▲7.7%
5 profitable years in a row build equity to €151,287.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerOwners 1
-
0.11%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 160 EUR awarded · 160 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 160 EUR | 160 EUR |