HERMIC
ActiveSummary
HERMIC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.64M and a net result of €2.56M. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-2
Solvency100=
Growth56▲+1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.15M at 30 days acceptable
Liquidity ample (current ratio 22.93 against 47.83 in 2024; short-term debt: 4.3% and cash: 36.1% of total assets), and 4.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
95.5%
Return on assets
17.9%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
27 d late
2022
30 d late
2021
10 d late
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.61M▼ 3.6%
2024 · €12.04M
2022: €13.95Mhighest in 4 years
2023: €10.80M▼ -22.6% vs 2022lowest in 4 years
2024: €12.04M▲ +11.5% vs 2023
2025: €11.61M▼ -3.6% vs 2024
2022 → 2025
EBIT margin
27.8%▲ 1.6pp
2024 · 26.1%
2022: 22.6%lowest in 4 years
2023: 24.7%▲ +9.3% vs 2022
2024: 26.1%▲ +5.6% vs 2023
2025: 27.8%▲ +6.2% vs 2024highest in 4 years
2022 → 2025
Net result
€2.56M▲ 0.5%
2024 · €2.55M
2018: €913k
2019: €905k▼ -0.9% vs 2018lowest in 8 years
2020: €1.90M▲ +110% vs 2019
2021: €2.13M▲ +12.1% vs 2020
2022: €2.33M▲ +9.4% vs 2021
2023: €1.98M▼ -15.2% vs 2022
2024: €2.55M▲ +28.6% vs 2023
2025: €2.56M▲ +0.5% vs 2024highest in 8 years
2018 → 2025
Working capital
€13.49M▲ 13.5%
2024 · €11.88M
2018: €2.00Mlowest in 8 years
2019: €2.91M▲ +45.7% vs 2018
2020: €4.84M▲ +66.4% vs 2019
2021: €7.06M▲ +45.8% vs 2020
2022: €8.85M▲ +25.4% vs 2021
2023: €10.08M▲ +13.8% vs 2022
2024: €11.88M▲ +17.9% vs 2023
2025: €13.49M▲ +13.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.95M€10.80M▼ 22.6%€12.04M▲ 11.5%€11.61M▼ 3.6%
2022: €13.95Mhighest in 4 years
2023: €10.80M▼ -22.6% vs 2022lowest in 4 years
2024: €12.04M▲ +11.5% vs 2023
2025: €11.61M▼ -3.6% vs 2024
Equity€7.07M-€8.92M▲ 26.2%€10.21M▲ 14.5%€11.99M▲ 17.5%€13.64M▲ 13.8%
2021: €7.07Mlowest in 5 years
2022: €8.92M▲ +26.2% vs 2021
2023: €10.21M▲ +14.5% vs 2022
2024: €11.99M▲ +17.5% vs 2023
2025: €13.64M▲ +13.8% vs 2024highest in 5 years
Operating result€2.81M-€3.16M▲ 12.3%€2.67M▼ 15.4%€3.15M▲ 17.8%€3.22M▲ 2.4%
2021: €2.81M
2022: €3.16M▲ +12.3% vs 2021
2023: €2.67M▼ -15.4% vs 2022lowest in 5 years
2024: €3.15M▲ +17.8% vs 2023
2025: €3.22M▲ +2.4% vs 2024highest in 5 years
Net result€2.13M-€2.33M▲ 9.4%€1.98M▼ 15.2%€2.55M▲ 28.6%€2.56M▲ 0.5%
2021: €2.13M
2022: €2.33M▲ +9.4% vs 2021
2023: €1.98M▼ -15.2% vs 2022lowest in 5 years
2024: €2.55M▲ +28.6% vs 2023
2025: €2.56M▲ +0.5% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.28M
Fixed assets
€174k ▲ 35.3%
Current assets
€14.11M ▲ 16.2%
Equity and liabilities €14.28M
Equity
€13.64M ▲ 13.8%
Debt
€639k ▲ 130%
Debt's share of the balance-sheet total rises from 2.3% to 4.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.26M▲
2024 · €3.19M
Cash flow
€2.59M▲
2024 · €2.59M
Current ratio
22.93▼
2024 · 47.83
Quick ratio
19.52▼
2024 · 40.10
Debt to equity
0.05▲
2024 · 0.02
ROE
18.8%▼
2024 · 21.2%
ROA
17.9%▼
2024 · 20.8%
Interest coverage
363.05▲
2024 · 170.86
Debt ≤ 1 year
€615k▲
2024 · €254k
Debt > 1 year
€23k▲
2024 · €968
Income taxes
€882k▲
2024 · €868k
Staff costs
€406k▲
2024 · €404k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.27M€14.28M▲
Fixed assets21/28€129k€174k▲
Tangible fixed assets22/27€129k€174k▲
Plant, machinery and equipment23€13k€10k▼
Furniture and vehicles24€61k€116k▲
Other tangible fixed assets26€55k€48k▼
Current assets29/58€12.14M€14.11M▲
Stocks and contracts in progress3€1.96M€2.10M▲
Stocks30/36€1.96M€2.10M▲
Goods purchased for resale34€1.96M€2.10M▲
Amounts receivable within one year40/41€1.49M€1.63M▲
Trade receivables40€633k€854k▲
Other amounts receivable41€854k€779k▼
Current investments50/53€5.75M€5.22M▼
Other investments51/53€5.75M€5.22M▼
Cash at bank and in hand54/58€2.92M€5.16M▲
Deferred charges and accrued income490/1€22k-
Equity and liabilities
Total equity and liabilities10/49€12.27M€14.28M▲
Equity10/15€11.99M€13.64M▲
Contributions10/11€19k€19k=
Reserves13€5.14M€4.23M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€716€716=
Own shares acquired1312€1k€1k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€5.12M€4.21M▼
Profit (loss) carried forward14€6.83M€9.39M▲
Amounts payable17/49€277k€639k▲
Amounts payable after more than one year17€968€23k▲
Financial debts170/4€968€23k▲
Credit institutions173€968€23k▲
Amounts payable within one year42/48€254k€615k▲
Current portion of amounts payable after more than one year42€11k€11k▼
Trade debts44€146k€495k▲
Suppliers440/4€146k€495k▲
Taxes, remuneration and social security45€63k€69k▲
Taxes450/3€14k€14k▼
Remuneration and social security454/9€49k€56k▲
Other amounts payable47/48€34k€40k▲
Accrued charges and deferred income492/3€23k-
Income statement
Code20242025
Operating income70/76A€12.10M€11.64M▼
Turnover70€12.04M€11.61M▼
Other operating income74€60k€29k▼
Non-recurring operating income76A€1k-
Operating charges60/66A€8.96M€8.42M▼
Goods for resale, raw materials and consumables60€6.85M€6.06M▼
Purchases600/8€7.29M€6.20M▼
Change in stocks: decrease (increase)609€-439k€-138k▲
Services and other goods61€1.56M€1.81M▲
Remuneration, social security and pensions62€404k€406k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€32k▼
Other operating charges640/8€99k€96k▼
Non-recurring operating charges66A€723€11k▲
Operating profit (loss)9901€3.15M€3.22M▲
Financial income75/76B€366k€337k▼
Recurring financial income75€366k€337k▼
Income from current assets751€255k€259k▲
Other financial income752/9€111k€78k▼
Financial charges65/66B€98k€119k▲
Recurring financial charges65€98k€78k▼
Debt charges650€19k€9k▼
Other financial charges652/9€80k€69k▼
Non-recurring financial charges66B-€41k
Profit (loss) for the period before taxes9903€3.41M€3.44M▲
Income taxes67/77€868k€882k▲
Taxes670/3€868k€882k▲
Profit (loss) for the period9904€2.55M€2.56M▲
Profit (loss) for the period to be appropriated9905€2.55M€2.56M▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.84M€9.39M▲
Profit (loss) brought forward from the previous period14P€4.29M€6.83M▲
Transfer from equity791/2€758k€905k▲
From reserves792€758k€905k▲
Profit to be distributed694/7€764k€905k▲
Return on contributions (dividend)694€758k€905k▲
Employees696€6k-
Social balance
Average headcount (FTE)90878.29.5▲
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €14.00M | €10.95M | €12.10M | €11.64M | ▼ 3.8% |
| Turnover70 | - | €13.95M | €10.80M | €12.04M | €11.61M | ▼ 3.6% |
| Other operating income74 | - | €46k | €92k | €60k | €29k | ▼ 51.1% |
| Non-recurring operating income76A | €6k | €1k | €57k | €1k | - | - |
| Operating charges60/66A | - | €10.84M | €8.28M | €8.96M | €8.42M | ▼ 6.0% |
| Goods for resale, raw materials and consumables60 | - | €7.93M | €6.15M | €6.85M | €6.06M | ▼ 11.5% |
| Purchases600/8 | - | €6.68M | €5.56M | €7.29M | €6.20M | ▼ 14.9% |
| Change in stocks: decrease (increase)609 | - | €1.25M | €590k | €-439k | €-138k | ▲ 68.7% |
| Services and other goods61 | - | €2.50M | €1.49M | €1.56M | €1.81M | ▲ 16.0% |
| Remuneration, social security and pensions62 | €272k | €316k | €391k | €404k | €406k | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47k | €38k | €34k | €41k | €32k | ▼ 22.1% |
| Other operating charges640/8 | €114k | €60k | €55k | €99k | €96k | ▼ 3.0% |
| Non-recurring operating charges66A | - | €377 | €165k | €723 | €11k | ▲ 1,402% |
| Gross operating margin9900 | €3.25M | - | - | - | - | - |
| Operating profit (loss)9901 | €2.81M | €3.16M | €2.67M | €3.15M | €3.22M | ▲ 2.4% |
| Financial income75/76B | €361k | €33k | €36k | €366k | €337k | ▼ 7.9% |
| Recurring financial income75 | €361k | €33k | €36k | €366k | €337k | ▼ 7.9% |
| Income from current assets751 | - | - | €7k | €255k | €259k | ▲ 1.5% |
| Other financial income752/9 | - | €33k | €29k | €111k | €78k | ▼ 29.5% |
| Financial charges65/66B | €42k | €74k | €58k | €98k | €119k | ▲ 21.1% |
| Recurring financial charges65 | €42k | €74k | €58k | €98k | €78k | ▼ 20.3% |
| Debt charges650 | - | €2k | €14k | €19k | €9k | ▼ 51.9% |
| Other financial charges652/9 | - | €72k | €44k | €80k | €69k | ▼ 12.9% |
| Non-recurring financial charges66B | - | - | - | - | €41k | - |
| Profit (loss) for the period before taxes9903 | €3.13M | €3.12M | €2.65M | €3.41M | €3.44M | ▲ 0.8% |
| Income taxes67/77 | €998k | €785k | €671k | €868k | €882k | ▲ 1.6% |
| Taxes670/3 | - | €785k | €671k | €868k | €882k | ▲ 1.6% |
| Profit (loss) for the period9904 | €2.13M | €2.33M | €1.98M | €2.55M | €2.56M | ▲ 0.5% |
| Transfer from tax-exempt reserves789 | - | €155k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €2.13M | €2.49M | €1.98M | €2.55M | €2.56M | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.48M | €9.22M | €10.56M | €12.27M | €14.28M | ▲ 16.4% |
| Fixed assets21/28 | €99k | €85k | €170k | €129k | €174k | ▲ 35.3% |
| Tangible fixed assets22/27 | €99k | €85k | €170k | €129k | €174k | ▲ 35.3% |
| Land and buildings22 | €38k | - | - | - | - | - |
| Plant, machinery and equipment23 | €11k | €23k | €17k | €13k | €10k | ▼ 19.7% |
| Furniture and vehicles24 | €44k | €21k | €88k | €61k | €116k | ▲ 89.0% |
| Other tangible fixed assets26 | €6k | €42k | €64k | €55k | €48k | ▼ 12.1% |
| Current assets29/58 | €7.38M | €9.14M | €10.39M | €12.14M | €14.11M | ▲ 16.2% |
| Stocks and contracts in progress3 | €3.37M | €2.11M | €1.52M | €1.96M | €2.10M | ▲ 7.0% |
| Stocks30/36 | €3.37M | €2.11M | €1.52M | €1.96M | €2.10M | ▲ 7.0% |
| Goods purchased for resale34 | - | €2.11M | €1.52M | €1.96M | €2.10M | ▲ 7.0% |
| Amounts receivable within one year40/41 | €1.24M | €1.02M | €1.02M | €1.49M | €1.63M | ▲ 9.8% |
| Trade receivables40 | €882k | €416k | €482k | €633k | €854k | ▲ 34.9% |
| Other amounts receivable41 | €361k | €600k | €534k | €854k | €779k | ▼ 8.8% |
| Current investments50/53 | - | - | - | €5.75M | €5.22M | ▼ 9.3% |
| Other investments51/53 | - | - | - | €5.75M | €5.22M | ▼ 9.3% |
| Cash at bank and in hand54/58 | €2.76M | €5.94M | €7.81M | €2.92M | €5.16M | ▲ 76.8% |
| Deferred charges and accrued income490/1 | €6k | €69k | €45k | €22k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.48M | €9.22M | €10.56M | €12.27M | €14.28M | ▲ 16.4% |
| Equity10/15 | €7.07M | €8.92M | €10.21M | €11.99M | €13.64M | ▲ 13.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €7.05M | €6.59M | €5.90M | €5.14M | €4.23M | ▼ 17.6% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €716 | €716 | €716 | €716 | = |
| Own shares acquired1312 | - | €1k | €1k | €1k | €1k | = |
| Tax-exempt reserves132 | €174k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €6.87M | €6.57M | €5.88M | €5.12M | €4.21M | ▼ 17.7% |
| Profit (loss) carried forward14 | - | €2.31M | €4.29M | €6.83M | €9.39M | ▲ 37.5% |
| Amounts payable17/49 | €411k | €308k | €354k | €277k | €639k | ▲ 130% |
| Amounts payable after more than one year17 | - | - | €12k | €968 | €23k | ▲ 2,311% |
| Financial debts170/4 | - | - | €12k | €968 | €23k | ▲ 2,311% |
| Credit institutions173 | - | - | €12k | €968 | €23k | ▲ 2,311% |
| Amounts payable within one year42/48 | €319k | €287k | €315k | €254k | €615k | ▲ 142% |
| Current portion of amounts payable after more than one year42 | €124k | €111k | €11k | €11k | €11k | ▼ 1.6% |
| Trade debts44 | €158k | €79k | €234k | €146k | €495k | ▲ 240% |
| Suppliers440/4 | €158k | €79k | €234k | €146k | €495k | ▲ 240% |
| Taxes, remuneration and social security45 | €33k | €84k | €43k | €63k | €69k | ▲ 9.5% |
| Taxes450/3 | €14k | €23k | €331 | €14k | €14k | ▼ 2.4% |
| Remuneration and social security454/9 | €18k | €61k | €43k | €49k | €56k | ▲ 12.8% |
| Other amounts payable47/48 | €5k | €13k | €27k | €34k | €40k | ▲ 18.2% |
| Accrued charges and deferred income492/3 | €92k | €22k | €27k | €23k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.13M | €2.33M | €1.98M | €2.55M | €2.56M | ▲ 0.5% |
| + Depreciation and write-downs630 | €47k | €38k | €34k | €41k | €32k | ▼ 22.1% |
| Operating cash flow (approximation) | €2.18M | €2.37M | €2.01M | €2.59M | €2.59M | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | €-24k | €-118k | €0 | €-77k | - |
| Change in cash | - | €3.18M | €1.87M | €-4.89M | €2.24M | ▲ 146% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €2.56M ▲0.5%
Operating result €3.22M, net result €2.56M, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Equity above €10MEq €10.21M ▲14.5%
6 profitable years in a row build equity to €10.21M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Equity above €5MEq €7.07M ▲43.2%
4 profitable years in a row build equity to €7.07M.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Liquidity times 9current ratio 33.37
Current ratio from 3.69 to 33.37; short-term debt falls from €1.08M to €150k.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
31-12
Financial
Weakest financial yearnet €905k ▼0.9%
Net result drops to €905k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 3.69
Current ratio from 1.62 to 3.69; short-term debt falls from €3.24M to €1.08M.
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 85 days late
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 114 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Arendonk · 1 establishment unit since 2010
Ground area
5,000 m²
Building footprint
3,477 m²
Volume, LiDAR
129 m³
Parcel 13322C1190/00C000, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hermic bvba
since 20102.187.982.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C1190/00C000 | Flanders | 5,000 m² | 1 · 3,476 m² | 6.6 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 endedMagazijnmedewerker (so)
Legal Entity Identifier
6488Y77VR44628CNIM49
Similar companies · same sector, comparable size
INITIUM
BE 0817.078.510
Hasselt · Eq €13.85M
INTEL CORPORATION
BE 0415.497.718
Etterbeek · Eq €13.11M
World of Tents
BE 0869.724.665
Ronse · Eq €14.78M
BELCOF TRADING AND CONSULTING
BE 0466.299.487
Antwerpen · Eq €11.53M
Société Internationale d'Engineering
BE 0414.959.466
Watermaal-Bosvoorde · Eq €11.01M
Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 175 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46841Wholesale trade
46180Agents specialised in the wholesale of other particular products
46494Wholesale of non-electrical household articles
46831Wholesale of construction materials, general range
47120Other non-specialised retail sale
52210Service activities incidental to land transportation
53200Other postal and courier activities
Scores and ratios are computed by Checked and are not a credit decision.