Result
From profit to loss in 2025, after a profit of €495,497 in 2024.
From profit to loss in 2025, after a profit of €495,497 in 2024.
Of this, €1.1m falls due within a year.
Green is investment, beige is depreciation. Land and buildings stand 50.9% higher than in 2024.
The last five annual accounts were filed 3 to 31 days before the end of the period.
Subsidiary with negative equity. BELISTYLE · loss of €85,014 in 2025.
Lower solvency than 83% of companies in financial services. Sector median 61.1% · 3,035 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| HERNO Halle | €3.9m | €911,711 | 19.2% | 0 |
| AMBIX Ingelmunster | €4.2m | €861,735 | 69.5% | 0 |
| ATMAN Kortrijk | €4.2m | €887,690 | 55.4% | 0 |
| Hof Ter Jan Wingene | €3.1m | €861,319 | 31.0% | 0 |
| Vabreko Kalmthout | €3.7m | €955,318 | 80.8% | 0 |
| JAMAS consulting Kortenberg | €3.2m | €747,356 | 24.6% | 0 |
| FBM INVESTMENT Aarschot | €5.6m | €606,556 | 57.8% | 0 |
These companies have the same main activity as HERNO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.1m and €5.6m, founded between 2005 and 2011.
HERNO has existed since 2007. The present size dates from 2024. The gross margin rose that year from €113,064 to €848,660.
The gross margin has grown every year since 2022.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Higher than 17% of 3,035 companies in 2025.
Higher than 27% of 3,027 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
3.9m | 5.1m | 5.6m | 5.0m | 4.1m | 4.1m | 4.4m | 4.6m | 4.7m | 1.5m | 1.5m | 1.7m | 1.8m | 1.8m | 1.9m | 1.9m | 2.0m | 609,275 | |
21/28 |
3.8m | 4.6m | 5.4m | 4.8m | 3.8m | 3.9m | 4.0m | 4.3m | 4.3m | 1.3m | 1.3m | 1.5m | 1.5m | 1.6m | 1.7m | 1.8m | 1.8m | 550,587 | |
22/27 |
2.1m | 2.8m | 3.7m | 3.1m | 2.1m | 2.2m | 2.3m | 2.6m | 2.7m | 1.3m | 1.3m | 1.5m | 1.5m | 1.6m | 1.7m | 1.8m | 1.8m | 550,587 | |
22 |
2.1m | 1.4m | 2.8m | 3.0m | 2.0m | 2.1m | 2.2m | 2.5m | 2.6m | 1.2m | 1.3m | 1.4m | 1.5m | 1.6m | 1.7m | 1.8m | 1.8m | 476,738 | |
24 |
0 | 1,762 | 3,052 | 4,342 | 5,632 | 0 | 8,989 | 18,252 | 28,053 | 37,388 | 15,898 | 55,396 | 54,242 | 21,066 | 49,070 | 39,353 | 18,152 | - | |
26 |
0 | 203,872 | 225,625 | 20,386 | 38,369 | 19,511 | 5,904 | 7,139 | 6,922 | 9,089 | 1,607 | 1,948 | 2,819 | 3,690 | 4,561 | 5,431 | - | - | |
27 |
0 | 1.2m | 652,787 | 73,034 | - | - | - | - | - | - | - | - | - | - | - | - | - | 73,850 | |
28 |
1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 1.6m | 160 | 160 | 160 | 160 | - | - | 1,105 | - | - | |
29/58 |
34,266 | 571,721 | 165,559 | 127,748 | 336,934 | 234,777 | 395,379 | 296,062 | 365,142 | 240,437 | 152,858 | 226,337 | 265,878 | 212,270 | 128,063 | 95,032 | 124,339 | 58,688 | |
40/41 |
29,913 | 563,489 | 159,514 | 112,908 | 323,293 | 225,970 | 346,156 | 254,275 | 301,076 | 235,575 | 85,949 | 219,364 | 256,947 | 182,240 | 121,733 | 76,340 | 79,806 | 31,746 | |
40 |
29,881 | 33,436 | 4,762 | 4,608 | 89,235 | 11,261 | 104,697 | 116,258 | 301,076 | 235,575 | 74,414 | 214,931 | 248,198 | 171,636 | 106,628 | 75,053 | 79,801 | 27,381 | |
41 |
32 | 530,053 | 154,752 | 108,300 | 234,058 | 214,709 | 241,459 | 138,017 | - | - | 11,535 | 4,433 | 8,749 | 10,604 | 15,105 | 1,286 | 6 | 4,365 | |
54/58 |
2,558 | 8,149 | 62 | 12,721 | 8,233 | 7,171 | 5,891 | 15,364 | 41,642 | 1,905 | 62,765 | 3,205 | 5,046 | 13,920 | 3,388 | 14,561 | 44,533 | 26,942 | |
490/1 |
1,795 | 82 | 5,983 | 2,119 | 5,409 | 1,636 | 43,332 | 26,424 | 22,424 | 2,957 | 4,144 | 3,768 | 3,885 | 16,110 | 2,943 | 4,131 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
3.9m | 5.1m | 5.6m | 5.0m | 4.1m | 4.1m | 4.4m | 4.6m | 4.7m | 1.5m | 1.5m | 1.7m | 1.8m | 1.8m | 1.9m | 1.9m | 2.0m | 609,275 | |
10/15 |
741,964 | 745,117 | 249,620 | 542,365 | 730,046 | 665,161 | 767,559 | 766,798 | 62,978 | 74,491 | 63,671 | 66,156 | 62,700 | 64,297 | 39,557 | 73,536 | 5,260 | 37,368 | |
10/11 |
762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
762,000 | 762,000 | 762,000 | 762,000 | 762,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 762,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
5,559 | 5,559 | 5,559 | 5,559 | 5,559 | 5,559 | 5,559 | 4,798 | 3,903 | 12,491 | 3,451 | 4,156 | 3,414 | 3,414 | 3,414 | 3,414 | - | - | |
130/1 |
3,948 | 3,948 | 3,948 | 3,948 | 3,948 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
3,948 | 3,948 | 3,948 | 3,948 | 3,948 | 3,948 | 3,948 | 3,948 | 3,903 | 3,903 | 3,451 | 3,451 | 3,414 | 3,414 | 3,414 | 3,414 | - | - | |
133 |
1,611 | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 | 1,611 | 850 | - | 8,588 | - | 705 | - | - | - | - | - | - | |
14 |
-25,594 | -22,442 | -517,939 | -225,193 | -37,513 | -102,398 | - | - | -2,925 | - | -1,780 | - | -2,714 | -1,117 | -25,856 | 8,122 | -56,740 | -24,632 | |
17/49 |
3.1m | 4.4m | 5.4m | 4.4m | 3.4m | 3.5m | 3.6m | 3.8m | 4.6m | 1.4m | 1.4m | 1.6m | 1.8m | 1.8m | 1.8m | 1.8m | 1.9m | 571,907 | |
17 |
2.0m | 1.8m | 2.9m | 2.7m | 1.1m | 1.8m | 2.6m | 2.9m | 3.9m | 1.1m | 1.2m | 1.4m | 1.1m | 1.2m | 1.3m | 1.4m | 1.5m | 448,992 | |
170/4 |
2.0m | 1.8m | 2.9m | 2.7m | 1.1m | 1.8m | 2.6m | 2.9m | 3.9m | 1.1m | 1.2m | 1.4m | 1.1m | 1.2m | 1.3m | 1.4m | 1.5m | 448,992 | |
42/48 |
1.1m | 2.6m | 2.5m | 1.7m | 2.3m | 1.7m | 1.1m | 899,343 | 678,892 | 345,938 | 177,499 | 158,494 | 619,122 | 520,543 | 470,389 | 381,963 | 430,861 | 122,915 | |
42 |
26,002 | 24,832 | 261,917 | 250,503 | 664,914 | 314,536 | 344,693 | 335,476 | 314,410 | 106,620 | 94,113 | 99,852 | 122,921 | 135,019 | 122,739 | 111,393 | 92,510 | - | |
43 |
- | 0 | 9,408 | - | - | - | 70,321 | 140,000 | 140,000 | - | - | - | - | - | - | - | - | - | |
430/8 |
- | 0 | 9,408 | - | - | - | 70,321 | 140,000 | 140,000 | - | - | - | - | - | - | - | - | - | |
44 |
89,485 | 203,463 | 120,294 | 40,683 | 520,673 | 559,597 | 333,635 | 27,875 | 160,407 | 198,102 | 52,581 | 18,287 | 8,159 | 36,606 | 156,645 | 113,381 | 157,884 | 34,955 | |
440/4 |
89,485 | 203,463 | 120,294 | 40,683 | 520,673 | 559,597 | 333,635 | 27,875 | 160,407 | 198,102 | 52,581 | 18,287 | 8,159 | 36,606 | 156,645 | 113,381 | 157,884 | 34,955 | |
46 |
- | - | - | - | 0 | 18,938 | 211,254 | - | - | - | - | - | - | - | - | - | 78,650 | - | |
45 |
193,136 | 219 | 34,977 | 16,907 | 26,784 | 50,939 | 67,312 | 43,470 | 49,935 | 41,216 | 26,167 | 29,294 | 33,189 | 12,455 | 15,967 | 18,879 | 13,791 | - | |
450/3 |
193,136 | 219 | 19,352 | 2,967 | 13,067 | 40,111 | 45,400 | 14,127 | 30,830 | 22,039 | 9,084 | 13,121 | 9,602 | 4,955 | - | 13,500 | 1,227 | - | |
454/9 |
- | 0 | 15,625 | 13,940 | 13,717 | 10,828 | 21,912 | 29,343 | 19,105 | 19,177 | 17,083 | 16,173 | 23,587 | 7,500 | 15,967 | 5,379 | 12,564 | - | |
47/48 |
788,244 | 2.4m | 2.0m | 1.4m | 1.1m | 739,450 | 25,000 | 352,523 | 14,140 | - | 4,638 | 11,061 | 454,853 | 336,463 | 175,039 | 138,310 | 88,027 | 87,960 | |
492/3 |
0 | 15 | 31,602 | 19,653 | - | - | - | 13,381 | 15,181 | 11,037 | 6,930 | 14,372 | 21,539 | 22,521 | 1,875 | 320 | - | - | |
| Income statement | |||||||||||||||||||
76A |
761,720 | 744,940 | - | - | - | - | 224,710 | 2,896 | 2,579 | 7,468 | 1,500 | - | - | 22,258 | - | - | - | - | |
9900 |
911,711 | 848,660 | 113,064 | 83,396 | 394,431 | 68,756 | 404,267 | 380,586 | 486,425 | 358,982 | 332,417 | 463,965 | 377,072 | 348,586 | 271,119 | 451,308 | 136,202 | -6,003 | |
62 |
0 | -9,007 | 76,105 | 69,154 | 97,836 | 56,021 | 179,307 | 174,137 | 168,755 | 169,440 | 137,008 | 238,042 | 153,941 | 109,020 | 98,382 | 170,183 | 86,077 | - | |
630 |
71,762 | 176,787 | 180,470 | 111,303 | 157,553 | 107,064 | 107,340 | 108,550 | 254,400 | 104,641 | 100,611 | 119,691 | 117,008 | 115,928 | 111,806 | 97,680 | 38,831 | 14,913 | |
631/4 |
- | - | - | - | - | - | - | - | 843 | - | - | - | - | - | - | - | - | - | |
640/8 |
9,314 | 17,129 | 6,008 | 6,446 | 5,102 | 2,779 | 3,310 | 4,011 | 4,662 | 4,427 | 4,040 | 8,064 | 4,412 | 3,674 | 2,869 | 5,108 | 3,438 | 2,513 | |
66A |
- | - | - | - | - | - | - | - | 224 | - | 11,747 | - | - | 10,066 | - | - | - | - | |
9901 |
830,634 | 663,751 | -149,519 | -103,507 | 133,940 | -97,108 | 114,310 | 93,887 | 57,540 | 80,474 | 90,758 | 98,168 | 101,711 | 119,964 | 58,062 | 178,336 | 7,856 | -23,428 | |
75/76B |
1 | 19 | 817 | 0 | - | - | 0 | - | - | - | - | 7 | - | 425 | 47 | 94 | 37 | 68 | |
75 |
1 | 19 | 817 | 0 | - | - | 0 | - | - | - | - | 7 | - | 425 | 47 | 94 | 37 | 68 | |
65/66B |
663,528 | 168,273 | 143,824 | 83,984 | 68,836 | 3,199 | 113,549 | 82,414 | 67,815 | 68,207 | 78,160 | 85,015 | 98,624 | 104,959 | 92,096 | 96,649 | 40,001 | 1,272 | |
65 |
663,528 | 160,274 | 143,824 | 83,984 | 68,836 | 3,199 | 113,549 | 82,414 | 67,815 | 68,207 | 78,160 | 85,015 | 98,624 | 104,959 | 92,096 | 96,649 | 40,001 | 1,272 | |
66B |
0 | 7,999 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
167,107 | 495,497 | -292,526 | -187,492 | 65,104 | -100,307 | 761 | 11,473 | -10,275 | 19,735 | 2,351 | 13,160 | 3,087 | 27,622 | -33,986 | 81,781 | -32,108 | -24,632 | |
67/77 |
170,260 | 0 | 219 | 189 | 219 | 2,091 | - | 7,653 | 1,239 | 8,914 | 4,837 | 9,704 | 4,684 | 2,883 | -8 | 13,505 | - | - | |
9904 |
-3,153 | 495,497 | -292,745 | -187,681 | 64,885 | -102,398 | 761 | 3,820 | -11,514 | 10,821 | -2,486 | 3,456 | -1,597 | 24,739 | -33,978 | 68,276 | -32,108 | -24,632 | |
9905 |
-3,153 | 495,497 | -292,745 | -187,681 | 64,885 | -102,398 | 761 | 3,820 | -11,514 | 10,821 | -2,486 | 3,456 | -1,597 | 24,739 | -33,978 | 68,276 | -32,108 | -24,632 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-25,594 | -22,442 | -517,939 | -225,193 | -37,513 | -102,398 | 761 | 895 | -11,514 | 9,041 | -2,486 | 742 | -2,714 | -1,117 | -25,856 | 11,536 | -56,740 | -24,632 | |
14P |
-22,442 | -517,939 | -225,193 | -37,513 | -102,398 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | 8,588 | - | 706 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 761 | 895 | - | 9,041 | - | 742 | - | - | - | 3,414 | - | - | |
6920 |
- | - | - | - | - | - | - | 45 | - | 452 | - | 37 | - | - | - | 3,414 | - | - | |
6921 |
- | - | - | - | - | - | 761 | 850 | - | 8,589 | - | 705 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
0 | 0 | 1 | 1 | 1 | 1 | 1.9 | 2 | 2 | 2 | 1.7 | 2.8 | 2.1 | 1.5 | 1.8 | 2.3 | 1.5 | - | |
Hours worked1013 |
- | - | 1,700 | 1,660 | 2,540 | 1,464 | 3,324 | 3,380 | 3,412 | 3,648 | 2,952 | 5,088 | 3,692 | 2,440 | 3,144 | 4,588 | 2,517 | - | |
| Document | |||||||||||||||||||
The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 28-07-2026 | 2026-00342564 | |
| 31-12-2024 | abbreviated format | 15-07-2025 | 2025-00272437 | |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00279058 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00181576 | |
| 31-12-2021 | abbreviated format | 28-07-2022 | 2022-20238114 | |
| 30-06-2020 | abbreviated format | 16-12-2020 | 2020-75700561 | |
| 30-06-2019 | abbreviated format | 05-11-2019 | 2019-73000451 | |
| 30-06-2018 | abbreviated format | 21-12-2018 | 2018-74900237 | |
| 30-06-2017 | abbreviated format | 27-12-2017 | 2017-72900207 | |
| 30-06-2016 | abbreviated format | 16-12-2016 | 2016-70100059 | |
| 30-06-2015 | abbreviated format | 17-12-2015 | 2015-69000546 | |
| 30-06-2014 | abbreviated format | 17-12-2014 | 2014-69300200 | |
| 30-06-2013 | abbreviated format | 30-10-2013 | 2013-64200545 | |
| 30-06-2012 | abbreviated format | 16-01-2013 | 2013-00900056 | |
| 30-06-2011 | abbreviated format | 13-12-2011 | 2011-63700422 | |
| 30-06-2010 | abbreviated format | 29-11-2010 | 2010-61800299 | |
| 30-06-2009 | abbreviated format | 16-02-2010 | 2010-04700398 | |
| 30-06-2008 | abbreviated format | 16-02-2009 | 2009-04800033 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.3m | 2.3m | 1.3m | 1.2m | 52,443 | 16,916 | -196,419 | 94,853 | 3.3m | 61,352 | 3,198 | 30,646 | 57,618 | 6,037 | 33,563 | 77,775 | 1.3m | 565,500 | ||
| -5,591 | 8,087 | -12,659 | 4,489 | 1,061 | 1,280 | -9,473 | -26,278 | 39,737 | -60,860 | 59,560 | -1,841 | -8,874 | 10,532 | -11,173 | -29,972 | 17,591 | - | ||
| 19.2% | 14.5% | 4.5% | 11.0% | 17.7% | 16.1% | 17.6% | 16.8% | 1.3% | 4.9% | 4.3% | 3.9% | 3.5% | 3.5% | 2.1% | 3.9% | 0.3% | 6.1% | ||
| -0.4% | 66.5% | -117.3% | -34.6% | 8.9% | -15.4% | 0.1% | 0.5% | -18.3% | 14.5% | -3.9% | 5.2% | -2.5% | 38.5% | -85.9% | 92.8% | -610.5% | -65.9% | ||
| -0.1% | 9.7% | -5.2% | -3.8% | 1.6% | -2.5% | 0.0% | 0.1% | -0.2% | 0.7% | -0.2% | 0.2% | -0.1% | 1.4% | -1.8% | 3.6% | -1.6% | -4.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | 0 | - | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| 1 | 1 | 1 | |
| On a permanent contract | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.3m | €578,190 | €1.3m | €1.2m | €41,480 |
| Financial fixed assets | - | €1.7m | - | - | €10,963 |
| €71,762 | €176,787 | €180,470 | €111,303 | €157,553 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 25% higher than in 2024 and the highest since 2008. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 85.5% to 80.8%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2023 accounts. Every holding stands with its own latest accounts.
| BELISTYLE
registered office since 08-04-2003 · founded in 2002 · negative equity (2025) |
total assets €542,219 (2025) 0478.966.501 |
| WIST
registered office since 23-01-2006 · founded in 2005 |
total assets €345,509 (2025) 0878.081.909 |
| STELIS
registered office since 29-09-2006 · founded in 2006 |
total assets €160,416 (2025) 0883.859.050 |
| BeliDender
registered office since 19-04-2018 · founded in 2018 |
total assets €12,263 (2025) 0694.914.532 |
| Tumb
registered office since 12-07-2017 · founded in 2017 · negative equity (2025) |
total assets €670 (2025) 0678.506.387 |
Source for every holding own accounts 2023
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Belitwin registered office Kesterbeekbos 19, 1501 Halle 70100 Activities of head offices | 19-03-2007 | 2.161.144.162 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23013B0279/00T000 | 102 m² | 1 · 102 m² | 7.4 m · 2 |
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