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Hernest

Active
Private limited companyfounded 2024active for 1 yearWipstraat 40, 2930 Brasschaat, BelgiumKBO/BCE: BE 1017.479.619
Summary

The computed 12-month bankruptcy probability of Hernest is 2.4% (moderate). The 2025 annual accounts show equity of €29,534 and a net result of €27,534. Its solvency ranks better than 72% of 9,348 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €260,000turnover 2025, estimated
Equity
€29,534
Profit
€27,534
Turnover estimated from the gross margin
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Structure
2025 accounts filed 27 days late
Why 54raises riskFounded in 2024Size: total assets €46,418Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.97, cash €5,910Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 71% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 89
equity 63.6% of total assets
Liquidity 49
short-term debt 36.4% · cash 12.7%
Profitability 100
return on assets 59.3%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,446 companies, NACE 41, micro)
Last 24 months 01-2026: 3.6% 02-2026: 3.7%▲ +0.1 percentage points vs 01-2026 03-2026: 3.8%▲ +0.1 percentage points vs 02-2026 04-2026: 4.1%▲ +0.3 percentage points vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.6%▲ +0.4 percentage points vs 05-2026 07-2026: 5.0%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 5.0%● unchanged vs 07-2026highest value 09-2026: 2.4%▼ -2.6 percentage points vs 08-2026 10-2026: 2.4%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.97, above the usual 1.5; short-term debt: 36.4% and cash: 12.7% of total assets), and 36.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 73% on solvency, 49% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €46,418
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 1.97, cash €5,910
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
27 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: NONNEMAN Wannes Ernst Kristoffel…

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433382.

Turnover
≈ €260,000
Estimated: probably between €150,000 and €480,000
Total assets
€46,418
Net result
€27,534
Working capital
€16,450

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €46,418
Fixed assets €13,084
Current assets €33,334
Equity and liabilities €46,418
Equity €29,534
Debt €16,884
Debt finances 36.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€36,535
Cash flow
€29,555
Current ratio
1.97
Debt to equity
0.57
ROE
93.2%
ROA
59.3%
Interest coverage
over 100
Debt ≤ 1 year
€16,884
Income taxes
€7,076

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€46,418
Fixed assets21/28€13,084
Tangible fixed assets22/27€13,084
Plant, machinery and equipment23€450
Furniture and vehicles24€12,634
Current assets29/58€33,334
Amounts receivable within one year40/41€27,424
Trade receivables40€27,340
Other amounts receivable41€83
Cash at bank and in hand54/58€5,910
Equity and liabilities
Total equity and liabilities10/49€46,418
Equity10/15€29,534
Contributions10/11€2,000
Reserves13€27,534
Distributable reserves133€27,534
Amounts payable17/49€16,884
Amounts payable within one year42/48€16,884
Trade debts44€611
Suppliers440/4€611
Taxes, remuneration and social security45€16,274
Taxes450/3€16,274
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,022
Other operating charges640/8€1,279
Gross operating margin9900€37,814
Operating profit (loss)9901€34,514
Financial income75/76B€168
Recurring financial income75€168
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€34,609
Income taxes67/77€7,076
Profit (loss) for the period9904€27,534
Profit (loss) for the period to be appropriated9905€27,534
Appropriation of the result
Profit (loss) to be appropriated9906€27,534
Transfer to equity691/2€27,534
To other reserves6921€27,534

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,022
Other operating charges640/8€1,279
Gross operating margin9900€37,814
Operating profit (loss)9901€34,514
Financial income75/76B€168
Recurring financial income75€168
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€34,609
Income taxes67/77€7,076
Profit (loss) for the period9904€27,534
Profit (loss) for the period to be appropriated9905€27,534
Line2025
Assets
Total assets20/58€46,418
Fixed assets21/28€13,084
Tangible fixed assets22/27€13,084
Plant, machinery and equipment23€450
Furniture and vehicles24€12,634
Current assets29/58€33,334
Amounts receivable within one year40/41€27,424
Trade receivables40€27,340
Other amounts receivable41€83
Cash at bank and in hand54/58€5,910
Equity and liabilities
Total equity and liabilities10/49€46,418
Equity10/15€29,534
Contributions10/11€2,000
Reserves13€27,534
Distributable reserves133€27,534
Amounts payable17/49€16,884
Amounts payable within one year42/48€16,884
Trade debts44€611
Suppliers440/4€611
Taxes, remuneration and social security45€16,274
Taxes450/3€16,274
Line2025
Profit (loss) for the period9904€27,534
+ Depreciation and write-downs630€2,022
Operating cash flow (approximation)€29,555

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00433382

Similar companies · same sector, comparable size

Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,354. 12,704 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
NONNEMAN Wannes Ernst Kristoffel
Director (not named in the articles) · since 19-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
NONNEMAN Wannes Ernst Kristoffel
  • Director (not named in the articles), from 19-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 19-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-12-2024 Incorporation · 20 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Hernest was incorporated on 17 December 2024 as a private limited company by one natural person.12 Since 2024, NONNEMAN Wannes Ernst Kristoffel has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 27 days late
2024
19-12
Gazette deed Incorporation
Appointment: NONNEMAN Wannes Ernst Kristoffel (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 12-12-2024
  • Founder, NONNEMAN Wannes Ernst Kristoffel
  • Founding capital
  • Other provision, “andere effecten, geen andere effecten dan aandelen uitgegeven” (deed in Dutch)
  • Registered office clause, “2930 Brasschaat,Wipstraat 40” (deed in Dutch)
  • Board rule, 1
  • Director appointment, NONNEMAN Wannes Ernst Kristoffel (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en activiteiten in naam en voor rekening van vennootschap in oprichting en daaruit voortvloeiende verplichtingen” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded17-12-2024
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017479619
Registered 25-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1017.479.619

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
712 m²
Building footprint
95 m²
Building volume
534 m³
Parcel 11008H0298/00A003, Flanders · tallest building 9.7 m. Linked by address, not a title deed.
1 establishment unit
Hernest
Wipstraat 40, 2930 BrasschaatGeneral construction of residential buildings
since 2024unit no. 2.367.725.161
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11008H0298/00A003 Flanders 712 m² 1 · 95 m² 9.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Hernest
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan kan waar dan ook bijkantoren en andere centra van werkzaamheden oprichten, zowel in België als in het…” (deed in Dutch)

deed of 19-12-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Onbepaalde duur tenzij anders bepaald, één of meerdere bestuurders” (deed in Dutch)
“Vaste vertegenwoordiger rechtspersoon-bestuurder, uitvoering bestuurdersmandaat in naam en voor rekening van rechtspersoon” (deed in Dutch)
“Bevoegdheden bestuursorgaan, alle handelingen behalve voorbehouden aan algemene vergadering door wet of statuten” (deed in Dutch)
“Vergoeding bestuurders, behoudens andersluidende beslissing algemene vergadering” (deed in Dutch)

deed of 19-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam en voorzien van volgnummer, register van aandelen op naam” (deed in Dutch)

deed of 19-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 19-12-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 19-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ondeelbaarheid van aandelen of andere effecten, rechten uitgeoefend door vruchtgebruiker behoudens andersluidende bijzondere bepaling in…” (deed in Dutch)
Other provision: “Oproeping algemene vergadering, aandeelhouders,bestuurders,commissarissen,houders converteerbare…” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan andere persoon,moet geen aandeelhouder zijn,stemt in plaats van volmachtgever, stemrecht en verloop algemene…” (deed in Dutch)
Other provision: “Meerderheid van stemmen ongeacht aantal vertegenwoordigde aandelen, meerderheid” (deed in Dutch)
Other provision: “Bestemming winst, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Opgebouwde winsten of reserves uitkeerbaar op basis van laatst goedgekeurde jaarrekening, tussentijds dividend bijzondere algemene…” (deed in Dutch)
4 more provisions in the deed, see the deed of 19-12-2024

deed of 19-12-2024