HERO TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of HERO TECHNICS is 1.7% (moderate). The 2025 annual accounts show equity of €95,620 and a net result of €36,200. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 87% of 28254 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.71 against 2.25 in 2024; short-term debt: 17.2% and cash: 80.5% of total assets), and 17.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
82.5%
Return on assets
31.2%
Age of the figures
9 mo
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
202122232425
2020 to 2025 · latest year €95,620
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
24 d early
2023
30 d early
2022
21 d late
2021
31 d early
2020
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days before 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. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€307,570
EBIT margin
6.1%
Net result
€36,200▲ 20.9%
2024 · €29,940
Working capital
€93,973▲ 68.5%
2024 · €55,757
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€307,570
Operating result-€5,047-€18,741▼ 271%€18,781€37,355▲ 98.9%€46,454▲ 24.4%
Net result-€5,557below the sector's middle half-€18,753below the sector's middle half▼ 237%€18,554within the sector's middle half€29,940above the sector's middle half▲ 61.4%€36,200above the sector's middle half▲ 20.9%
EBIT margin6.1%
Equity€29,680within the sector's middle half▼ 15.8%€10,927below the sector's middle half▼ 63.2%€29,481within the sector's middle half▲ 170%€59,420within the sector's middle half▲ 102%€95,620within the sector's middle half▲ 60.9%
Total assets€60,870below the sector's middle half▲ 37.1%€45,075below the sector's middle half▼ 25.9%€64,061below the sector's middle half▲ 42.1%€103,882within the sector's middle half▲ 62.2%€115,862within the sector's middle half▲ 11.5%
Debt€31,190▲ 240%€34,148▲ 9.5%€34,580▲ 1.3%€44,462▲ 28.6%€20,242▼ 54.5%
Working capital€26,222within the sector's middle half▼ 14.5%€8,408within the sector's middle half▼ 67.9%€25,501within the sector's middle half▲ 203%€55,757within the sector's middle half▲ 119%€93,973above the sector's middle half▲ 68.5%
Solvency48.8%within the sector's middle half▼ 30.6pp24.2%within the sector's middle half▼ 24.5pp46.0%within the sector's middle half▲ 21.8pp57.2%within the sector's middle half▲ 11.2pp82.5%above the sector's middle half▲ 25.3pp
Current ratio1.84within the sector's middle half▼ 2.511.25within the sector's middle half▼ 0.591.74within the sector's middle half▲ 0.492.25within the sector's middle half▲ 0.525.71above the sector's middle half▲ 3.46
Return on assets (ROA)-9.1%below the sector's middle half▼ 48.0pp-41.6%below the sector's middle half▼ 32.5pp29.0%above the sector's middle half▲ 70.6pp28.8%above the sector's middle half▼ 0.1pp31.2%above the sector's middle half▲ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,862
Fixed assets
€1,937 ▼ 47.4%
Current assets
€113,925 ▲ 13.7%
Equity and liabilities €115,862
Equity
€95,620 ▲ 60.9%
Debt
€20,242 ▼ 54.5%
Debt's share of the balance-sheet total falls from 42.8% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48,196▲
2024 · €39,257
Cash flow
€37,942▲
2024 · €31,841
Quick ratio
5.47▲
2024 · 2.25
Debt to equity
0.21▼
2024 · 0.75
ROE
37.9%▼
2024 · 50.4%
Interest coverage
334.33▲
2024 · 194.15
Debt ≤ 1 year
€19,951▼
2024 · €44,446
Income taxes
€10,111▲
2024 · €7,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €307,570 | - | - | - |
| Non-recurring operating income76A | €751 | €668 | €13,201 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €297,053 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,148 | €2,496 | €2,268 | €1,901 | €1,743 | ▼ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,833 | €85 | €0 | ▼ 100% |
| Other operating charges640/8 | €62 | €495 | €1,123 | €534 | €779 | ▲ 45.7% |
| Non-recurring operating charges66A | - | €500 | €0 | - | - | - |
| Gross operating margin9900 | -€2,838 | -€15,251 | €24,006 | €39,876 | €48,975 | ▲ 22.8% |
| Operating profit (loss)9901 | -€5,047 | -€18,741 | €18,781 | €37,355 | €46,454 | ▲ 24.4% |
| Financial income75/76B | €131 | €217 | €3 | €0 | €1 | - |
| Recurring financial income75 | €131 | €217 | €3 | €0 | €1 | - |
| Financial charges65/66B | €641 | €229 | €230 | €202 | €144 | ▼ 28.7% |
| Recurring financial charges65 | €641 | €229 | €230 | €202 | €144 | ▼ 28.7% |
| Profit (loss) for the period before taxes9903 | -€5,557 | -€18,753 | €18,554 | €37,153 | €46,311 | ▲ 24.6% |
| Income taxes67/77 | - | - | - | €7,213 | €10,111 | ▲ 40.2% |
| Profit (loss) for the period9904 | -€5,557 | -€18,753 | €18,554 | €29,940 | €36,200 | ▲ 20.9% |
| Profit (loss) for the period to be appropriated9905 | -€5,557 | -€18,753 | €18,554 | €29,940 | €36,200 | ▲ 20.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,870 | €45,075 | €64,061 | €103,882 | €115,862 | ▲ 11.5% |
| Fixed assets21/28 | €3,471 | €2,593 | €4,010 | €3,680 | €1,937 | ▼ 47.4% |
| Tangible fixed assets22/27 | €3,471 | €2,593 | €4,010 | €3,680 | €1,937 | ▼ 47.4% |
| Plant, machinery and equipment23 | €3,471 | €2,593 | €3,199 | €2,170 | €771 | ▼ 64.5% |
| Furniture and vehicles24 | - | - | €811 | €1,510 | €1,166 | ▼ 22.8% |
| Current assets29/58 | €57,398 | €42,481 | €60,051 | €100,202 | €113,925 | ▲ 13.7% |
| Stocks and contracts in progress3 | - | - | - | - | €4,880 | - |
| Stocks30/36 | - | - | - | - | €4,880 | - |
| Amounts receivable within one year40/41 | €11,679 | €11,409 | €3,226 | €4,220 | €10,671 | ▲ 153% |
| Trade receivables40 | €10,086 | €10,722 | €3,226 | €2,598 | €6,489 | ▲ 150% |
| Other amounts receivable41 | €1,593 | €687 | €0 | €1,623 | €4,182 | ▲ 158% |
| Cash at bank and in hand54/58 | €43,820 | €27,365 | €54,654 | €88,690 | €93,323 | ▲ 5.2% |
| Deferred charges and accrued income490/1 | €1,899 | €3,707 | €2,170 | €7,292 | €5,051 | ▼ 30.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,870 | €45,075 | €64,061 | €103,882 | €115,862 | ▲ 11.5% |
| Equity10/15 | €29,680 | €10,927 | €29,481 | €59,420 | €95,620 | ▲ 60.9% |
| Contributions10/11 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Reserves13 | €17,236 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Non-distributable reserves130/1 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Reserves not available under the articles1311 | €1,800 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Distributable reserves133 | €15,436 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€5,557 | -€8,873 | €9,681 | €39,620 | €75,820 | ▲ 91.4% |
| Amounts payable17/49 | €31,190 | €34,148 | €34,580 | €44,462 | €20,242 | ▼ 54.5% |
| Amounts payable within one year42/48 | €31,177 | €34,074 | €34,549 | €44,446 | €19,951 | ▼ 55.1% |
| Trade debts44 | €9,615 | €4,400 | €5,509 | €13,997 | €5,102 | ▼ 63.5% |
| Suppliers440/4 | €9,615 | €4,400 | €5,509 | €13,997 | €5,102 | ▼ 63.5% |
| Taxes, remuneration and social security45 | - | - | €1,255 | €7,213 | €7,213 | = |
| Taxes450/3 | - | - | €1,255 | €7,213 | €7,213 | = |
| Other amounts payable47/48 | €21,562 | €29,674 | €27,786 | €23,236 | €7,636 | ▼ 67.1% |
| Accrued charges and deferred income492/3 | €13 | €74 | €31 | €16 | €290 | ▲ 1,741% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,557 | -€18,753 | €18,554 | €29,940 | €36,200 | ▲ 20.9% |
| + Depreciation and write-downs630 | €2,148 | €2,496 | €2,268 | €1,901 | €1,743 | ▼ 8.4% |
| Operating cash flow (approximation) | -€3,409 | -€16,257 | €20,822 | €31,841 | €37,942 | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | -€1,618 | -€3,685 | -€1,571 | €0 | ▲ 100% |
| Change in cash | - | -€16,455 | €27,289 | €34,036 | €4,633 | ▼ 86.4% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €36,200 ▲20.9%
Operating result €46,454, net result €36,200, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.71
Current ratio from 2.25 to 5.71; short-term debt falls from €44,446 to €19,951.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18,554
Net result €18,554 after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Weakest financial yearnet -€18,753
Net result drops to -€18,753, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Beringen · 1 establishment unit since 2019
Ground area
717 m²
Building footprint
153 m²
Volume, LiDAR
642 m³
Parcel 71049B0400/00F003, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HERO TECHNICS
since 20192.292.003.991
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0400/00F003 | Flanders | 717 m² | 1 · 153 m² | 7.8 m · 1 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.
Similar companies · same sector, comparable size
LICHT & VERF
BE 0883.962.978
Roeselare · Eq €95,609
MM ENERGY LUX
BE 0774.394.847
Gent · Eq €95,591
YATECH
BE 0746.764.594
Beringen · Eq €95,660
EME GROUP
BE 1006.309.177
Genk · Eq €95,579
ELEKTRICITEITSWERKEN VAN DE STEENE
BE 0664.695.765
Zulte · Eq €95,666
Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 8,807 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
Founded02-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
davidheremans9@gmail.com
E-mail
davisheremans9@gmail.comBeringen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0731804325
Also
9925:BE0731804325
Registered
20-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.