Hermes Consult
ActiveHermes Consult has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132k and a net result of €33k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 54% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency98▼-2
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 5.59 in 2024), and 40% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
60%
Return on assets
15%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
30 d late
2023
1 d early
2022
2 d late
2021
31 d late
2020
114 d late
2019
105 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€132k▼ 45.2%
2024 · €240k
2018: €188k
2019: €204k
2020: €174k
2021: €199k
2022: €217k
2023: €215k
2024: €240k
2018 → 2025
Total assets
€220k▼ 24.4%
2024 · €290k
2018: €226k
2019: €219k
2020: €263k
2021: €243k
2022: €318k
2023: €305k
2024: €290k
2018 → 2025
Net result
€33k▼ 23.8%
2024 · €43k
2018: €43k
2019: €17k
2020: €38k
2021: €49k
2022: €54k
2023: €41k
2024: €43k
2018 → 2025
Working capital
€101k▼ 49.2%
2024 · €199k
2018: €169k
2019: €194k
2020: €148k
2021: €175k
2022: €155k
2023: €164k
2024: €199k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€199k-€217k▲ 9.0%€215k▼ 0.8%€240k▲ 11.7%€132k▼ 45.2%
Operating result€62k-€71k▲ 13.7%€52k▼ 25.8%€56k▲ 6.3%€43k▼ 22.2%
Net result€49k-€54k▲ 10.7%€41k▼ 23.8%€43k▲ 5.1%€33k▼ 23.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220k
Fixed assets
€31k▼ 36.0%
Current assets
€189k▼ 22.0%
Equity and liabilities €220k
Equity
€132k▼ 45.2%
Debt
€88k▲ 75.8%
The debt ratio rises from 17.2% to 40.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€60k▼
2024 · €78k
Cash flow
€50k▼
2024 · €65k
Solvency
60.0%▼
2024 · 82.8%
Current ratio
2.15▼
2024 · 5.59
Quick ratio
2.15▼
2024 · 5.59
Debt / equity
0.67▲
2024 · 0.21
ROE
24.9%▲
2024 · 17.9%
ROA
15.0%▲
2024 · 14.9%
Interest coverage
154.75▲
2024 · 118.17
Debt
€88k▲
2024 · €50k
Debt ≤ 1 year
€88k▲
2024 · €43k
Debt > 1 year
€0▼
2024 · €7k
Income taxes
€15k▼
2024 · €19k
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€290k€220k▼
Fixed assets21/28€48k€31k▼
Tangible fixed assets22/27€47k€30k▼
Plant, machinery and equipment23€80€0▼
Furniture and vehicles24€40k€24k▼
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€729€729=
Current assets29/58€242k€189k▼
Amounts receivable within one year40/41€125k€57k▼
Trade receivables40€27k€27k▼
Other amounts receivable41€98k€30k▼
Current investments50/53€83k€93k▲
Cash at bank and in hand54/58€31k€35k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€290k€220k▼
Equity10/15€240k€132k▼
Contributions10/11€12k€12k=
Reserves13€225k€117k▼
Distributable reserves133€225k€117k▼
Profit (loss) carried forward14€3k€2k▼
Amounts payable17/49€50k€88k▲
Amounts payable after more than one year17€7k€0▼
Financial debts170/4€7k€0▼
Amounts payable within one year42/48€43k€88k▲
Current portion of amounts payable after more than one year42€9k€7k▼
Financial debts43€971€4k▲
Credit institutions430/8€971€4k▲
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€14k€14k▼
Other amounts payable47/48€18k€55k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€17k▼
Other operating charges640/8€573€833▲
Non-recurring operating charges66A€0€195▲
Gross operating margin9900€78k€62k▼
Operating profit (loss)9901€56k€43k▼
Financial income75/76B€7k€5k▼
Recurring financial income75€7k€5k▼
Financial charges65/66B€657€391▼
Recurring financial charges65€657€391▼
Profit (loss) for the period before taxes9903€62k€47k▼
Income taxes67/77€19k€15k▼
Profit (loss) for the period9904€43k€33k▼
Profit (loss) for the period to be appropriated9905€43k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€36k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer from equity791/2€19k€141k▲
Transfer to equity691/2€43k€33k▼
To other reserves6921€43k€33k▼
Profit to be distributed694/7€18k€141k▲
Return on contributions (dividend)694€18k€141k▲
The notes to these accounts (13 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €54k ▲10.7%
Operating result €71k, net result €54k, both a record.
31-12
Financial
Equity above €200kEq €217k ▲9%
5 profitable years in a row build equity to €217k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
31-12
Financial
Weakest financial yearnet €17k ▼60.1%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 14.33
Current ratio from 5.51 to 14.33; short-term debt falls from €37k to €15k.
31-12
Financial
Equity above €200kEq €204k ▲8.7%
2 profitable years in a row build equity to €204k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalst · 1 establishment unit since 1999
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.
Kleindriesstraat 89310 AalstGround area
1,889 m²
Building footprint
347 m²
Volume, LiDAR
1,893 m³
Parcel 41039C0407/00M000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleindriesstraat 8, 9310 Aalst
since 19992.092.518.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41039C0407/00M000 | Flanders | 1,889 m² | 1 · 347 m² | 10.7 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.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,726 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1999
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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
2 entriesWebsite:www.hermesconsult.com
E-mail:info@hermesconsult.be