Liquidity
21.12 was 7.41 in 2024
Short-term debts fell from €56,003 to €17,858.
HERMES ENGINEERING
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €56,091 (2010)
€9,930▲ 410%
lowest -€8,074 (2023)
€9,059▲ 211%
peak €343,812 (2025)
€343,812▲ 2.7%
€33,391▼ 58.5%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €1,947 to €9,930Result from €2,913 to €9,059Debts from €80,406 to €33,391
Key points
from the 2025 annual accountsFilings
34 annual accounts since 1992
The 2019 accounts came 28 days late. The other nine of the last ten were filed on time.
Position in the sector
€343,812
More equity than 91% of companies in computer programming and consultancy. Sector median €68,844 · 22,051 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as HERMES ENGINEERING has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,044 companies, not a prediction for HERMES ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0445133988
Amendment of the articles
Gazette deed
Reappointments: (managing director) and (director)
General meeting of 15-06-2022 · Gazette deed
Reappointments: (managing director and chair of the board) and (director)
General meeting of 25-05-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HERMES ENGINEERING Kortrijk | €377,204 | €9,930 | 91.1% | - |
| T.S.A. Kuurne | €586,192 | €10,509 | 93.7% | - |
| DELRE Kapellen | €397,272 | €9,008 | 96.2% | - |
| THE AR COMPANY Brussels | €386,553 | €12,751 | 28.6% | - |
| TLC Brussels | €319,541 | €12,618 | 94.6% | - |
| PUBLITEL Uccle | €385,689 | €15,010 | 90.6% | - |
| COUGAR 7 Waterloo | €421,006 | €14,161 | 58.2% | - |
These companies have the same main activity as HERMES ENGINEERING: computer programming (NACE 62100). They are comparable in size and age: total assets between €320,000 and €586,000, founded between 1987 and 1998.
Official details
Source: KBO- Status
- Active since 13-09-1991Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.054.648.4568500 Kortrijk, since 22-10-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 06-03-2025
Annual accounts 2025
- ≈ €54,000estimated
- €377,204▼ 9.1%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on HERMES ENGINEERING
HERMES ENGINEERING files the micro format. That format states no turnover. The gross margin fell from €21,519 in 2006 to €9,930 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HERMES ENGINEERING
- What is the company number of HERMES ENGINEERING?
- The company number of HERMES ENGINEERING is 0445.133.988. The VAT number is the same number with BE in front: BE 0445.133.988.
- Where is HERMES ENGINEERING based?
- The registered office is at Hugo Verriestlaan 162, 8500 Kortrijk.Company details
- What does HERMES ENGINEERING do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of HERMES ENGINEERING?
- HERMES ENGINEERING is a public limited company (NV).
- When was HERMES ENGINEERING founded?
- HERMES ENGINEERING was founded on 13-09-1991.
- Is HERMES ENGINEERING still active?
- Yes, HERMES ENGINEERING is an active enterprise in the KBO register.
- What is the turnover of HERMES ENGINEERING?
- The turnover in financial year 2025 is ≈ €54,000. This figure is estimated from the gross margin of €9,930 and 53 comparable companies (NACE 62100). It probably lies between €29,000 and €100,000. It is a rough estimate.Financials
- Is HERMES ENGINEERING profitable?
- In financial year 2025, HERMES ENGINEERING made a profit of €9,059.
- Where can I find the annual accounts of HERMES ENGINEERING?
- HERMES ENGINEERING filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HERMES ENGINEERING due?
- HERMES ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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