HERNOU
ActiveSummary
The annual accounts of HERNOU for fiscal year 2025 show a net loss of 285% of the equity at the start of that year. The 2025 annual accounts show equity of €8,558 and a net result of -€14,845. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 18% of 7868 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-7
Solvency42▲+5
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.55 against 1.45 in 2024; short-term debt: 26.6% and cash: 10.7% of total assets), but 83% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17%
Return on assets
-29.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7868 sector peers (2025).
NBB · sector comparisonPosition among 7868 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year €8,558
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 05-07-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
10 d late
2023
8 d early
2022
2 d early
2021
4 d late
2020
1 d early
2019
77 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€54,690
EBIT margin
3.8%
Net result
-€14,845▼ 244%
2024 · -€4,318
Working capital
€34,104▲ 170%
2024 · €12,627
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€879-€1,574▲ 79.1%-€3,276-€5,307▼ 62.0%-€9,659▼ 82.0%
Net result€334-€88▼ 73.5%-€6,159-€4,318▲ 29.9%-€14,845▼ 244%
EBIT margin
Equity€9,003-€9,092▲ 1.0%€2,933▼ 67.7%€5,217▲ 77.9%€8,558▲ 64.0%
Total assets€29,805-€52,004▲ 74.5%€44,724▼ 14.0%€45,117▲ 0.9%€50,230▲ 11.3%
Debt€20,802-€42,912▲ 106%€41,791▼ 2.6%€39,899▼ 4.5%€41,672▲ 4.4%
Working capital€15,201-€25,500▲ 67.8%€9,357▼ 63.3%€12,627▲ 34.9%€34,104▲ 170%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,659 in 2025 against €5,307 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,230
Fixed assets
€2,773 ▼ 39.6%
Current assets
€47,458 ▲ 17.1%
Equity and liabilities €50,230
Equity
€8,558 ▲ 64.0%
Debt
€41,672 ▲ 4.4%
Debt's share of the balance-sheet total falls from 88.4% to 83.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€7,884▼
2024 · -€2,912
Cash flow
-€13,070▼
2024 · -€1,923
Current ratio
3.55▲
2024 · 1.45
Quick ratio
3.18▲
2024 · 1.45
Debt to equity
4.87▼
2024 · 7.65
ROE
-173.5%▼
2024 · -82.8%
ROA
-29.6%▼
2024 · -9.6%
Interest coverage
-1.43▼
2024 · -1.08
Debt ≤ 1 year
€13,354▼
2024 · €27,902
Debt > 1 year
€27,943▲
2024 · €11,969
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,958 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €553 | €1,854 | €2,753 | €2,395 | €1,775 | ▼ 25.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €15,000 | €12,750 | - | - |
| Other operating charges640/8 | €2,025 | €2,234 | €2,062 | €3,939 | €2,328 | ▼ 40.9% |
| Non-recurring operating charges66A | - | - | - | €7,986 | - | - |
| Gross operating margin9900 | €3,457 | €5,663 | €16,538 | €21,763 | -€5,557 | ▼ 126% |
| Operating profit (loss)9901 | €879 | €1,574 | -€3,276 | -€5,307 | -€9,659 | ▼ 82.0% |
| Financial income75/76B | €605 | €114 | - | €3,678 | €317 | ▼ 91.4% |
| Recurring financial income75 | €605 | €114 | - | €3,678 | €317 | ▼ 91.4% |
| Financial charges65/66B | €1,151 | €1,600 | €2,882 | €2,689 | €5,503 | ▲ 105% |
| Recurring financial charges65 | €1,151 | €1,600 | €2,882 | €2,689 | €5,503 | ▲ 105% |
| Profit (loss) for the period before taxes9903 | €334 | €88 | -€6,159 | -€4,318 | -€14,845 | ▼ 244% |
| Profit (loss) for the period9904 | €334 | €88 | -€6,159 | -€4,318 | -€14,845 | ▼ 244% |
| Profit (loss) for the period to be appropriated9905 | €334 | €88 | -€6,159 | -€4,318 | -€14,845 | ▼ 244% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,805 | €52,004 | €44,724 | €45,117 | €50,230 | ▲ 11.3% |
| Fixed assets21/28 | €3,550 | €9,695 | €6,943 | €4,587 | €2,773 | ▼ 39.6% |
| Tangible fixed assets22/27 | €3,550 | €9,695 | €6,943 | €4,587 | €2,773 | ▼ 39.6% |
| Land and buildings22 | €1,890 | €1,557 | €1,225 | €1,050 | €875 | ▼ 16.7% |
| Furniture and vehicles24 | €1,660 | €8,138 | €5,718 | €3,538 | €1,898 | ▼ 46.3% |
| Current assets29/58 | €26,255 | €42,309 | €37,781 | €40,529 | €47,458 | ▲ 17.1% |
| Stocks and contracts in progress3 | €12,000 | €27,750 | €12,750 | - | €5,000 | - |
| Contracts in progress37 | €12,000 | €27,750 | €12,750 | - | €5,000 | - |
| Amounts receivable within one year40/41 | €12,065 | €14,559 | €18,385 | €35,251 | €36,034 | ▲ 2.2% |
| Trade receivables40 | €6,242 | €10,747 | €16,917 | €15,272 | €10,061 | ▼ 34.1% |
| Other amounts receivable41 | €5,823 | €3,812 | €1,468 | €19,979 | €25,973 | ▲ 30.0% |
| Cash at bank and in hand54/58 | €2,191 | - | €6,646 | €5,279 | €5,399 | ▲ 2.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,025 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,805 | €52,004 | €44,724 | €45,117 | €50,230 | ▲ 11.3% |
| Equity10/15 | €9,003 | €9,092 | €2,933 | €5,217 | €8,558 | ▲ 64.0% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €12,800 | €30,987 | ▲ 142% |
| Capital10 | €6,197 | €6,197 | €6,197 | €12,800 | €30,987 | ▲ 142% |
| Issued capital100 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Uncalled capital101 | €24,789 | €24,789 | €24,789 | €18,187 | - | - |
| Reserves13 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Non-distributable reserves130/1 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Legal reserve130 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Profit (loss) carried forward14 | -€293 | -€204 | -€6,363 | -€10,681 | -€25,527 | ▼ 139% |
| Amounts payable17/49 | €20,802 | €42,912 | €41,791 | €39,899 | €41,672 | ▲ 4.4% |
| Amounts payable after more than one year17 | €9,581 | €24,854 | €13,367 | €11,969 | €27,943 | ▲ 133% |
| Financial debts170/4 | €9,581 | €24,854 | €13,367 | €11,969 | €27,943 | ▲ 133% |
| Amounts payable within one year42/48 | €11,055 | €16,809 | €28,424 | €27,902 | €13,354 | ▼ 52.1% |
| Current portion of amounts payable after more than one year42 | €7,408 | €10,994 | €11,828 | €9,536 | €11,408 | ▲ 19.6% |
| Financial debts43 | - | €1,057 | - | - | - | - |
| Credit institutions430/8 | - | €1,057 | - | - | - | - |
| Trade debts44 | €3,647 | €2,358 | €15,125 | €18,363 | €1,147 | ▼ 93.8% |
| Suppliers440/4 | €3,647 | €2,358 | €15,125 | €18,363 | €1,147 | ▼ 93.8% |
| Taxes, remuneration and social security45 | - | - | - | - | €798 | - |
| Taxes450/3 | - | - | - | - | €798 | - |
| Other amounts payable47/48 | - | €2,400 | €1,471 | €3 | - | - |
| Accrued charges and deferred income492/3 | €166 | €1,249 | - | €28 | €375 | ▲ 1,226% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €334 | €88 | -€6,159 | -€4,318 | -€14,845 | ▼ 244% |
| + Depreciation and write-downs630 | €553 | €1,854 | €2,753 | €2,395 | €1,775 | ▼ 25.9% |
| Operating cash flow (approximation) | €887 | €1,943 | -€3,406 | -€1,923 | -€13,070 | ▼ 580% |
| Investment in fixed assets (approximation) | - | -€8,000 | €0 | -€40 | €40 | ▲ 200% |
| Change in cash | - | - | - | -€1,368 | €120 | ▲ 109% |
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
05-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€14,845
Net result drops to -€14,845, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 3.55
Current ratio from 1.45 to 3.55; short-term debt falls from €27,902 to €13,354.
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 1998
Ground area
1.5 ha
Building footprint
124 m²
Volume, LiDAR
683 m³
Parcel 37018E0766/00L002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ruiseledesteenweg 167, 8750 Wingene
since 19982.089.046.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018E0766/00L002 | Flanders | 1.5 ha | 1 · 124 m² | 7.6 m · 2 fl. |
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.
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 4,275 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 (pre-2019)
Founded29-09-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
62200Computer consultancy and computer facilities management
81300Landscape service activities
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.