HEROPROJECT
ActiveSummary
HEROPROJECT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,961 and a net result of €135,302. Equity is growing by about 83% per year across the filed financial years. Its solvency ranks better than 85% of 13,668 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €279,961
- Profit
- €135,302
Why 71raises riskFounded in 2023Liquidity: current ratio 3.28, cash €8,049, halvedlowers riskEquity €279,961 (83.8% of total assets)Figures for financial year 2025 (filed 27-06-2026)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro): better than 90% on solvency, 49% on liquidity, 95% on profitability and 93% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 34 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €135,302 ▲27.9%
- Equity above €200,000equity €279,961 ▲93.5%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 39,278 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €677 | €6,157 | ▲ 809% |
| Other operating charges640/8 | €992 | €1,537 | €5,359 | ▲ 249% |
| Gross operating margin9900 | €47,156 | €140,913 | €191,203 | ▲ 35.7% |
| Operating profit (loss)9901 | €46,163 | €138,699 | €179,687 | ▲ 29.6% |
| Financial income75/76B | - | €211 | €3,478 | ▲ 16× |
| Recurring financial income75 | - | €211 | €3,478 | ▲ 16× |
| Financial charges65/66B | €0 | €102 | €1,132 | ▲ 11× |
| Recurring financial charges65 | €0 | €102 | €1,132 | ▲ 11× |
| Profit (loss) for the period before taxes9903 | €46,163 | €138,808 | €182,033 | ▲ 31.1% |
| Income taxes67/77 | €9,681 | €33,031 | €46,730 | ▲ 41.5% |
| Profit (loss) for the period9904 | €36,482 | €105,776 | €135,302 | ▲ 27.9% |
| Profit (loss) for the period to be appropriated9905 | €36,482 | €105,776 | €135,302 | ▲ 27.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €67,467 | €182,234 | €334,251 | ▲ 83.4% |
| Fixed assets21/28 | - | €6,203 | €156,420 | ▲ 25× |
| Tangible fixed assets22/27 | - | €6,203 | €156,420 | ▲ 25× |
| Land and buildings22 | - | €2,990 | €35,108 | ▲ 12× |
| Plant, machinery and equipment23 | - | €3,213 | €2,070 | ▼ 35.6% |
| Assets under construction and advance payments27 | - | - | €119,242 | - |
| Current assets29/58 | €67,467 | €176,031 | €177,832 | ▲ 1.0% |
| Amounts receivable after more than one year29 | - | €35,211 | €82,528 | ▲ 134% |
| Other amounts receivable291 | - | €35,211 | €82,528 | ▲ 134% |
| Amounts receivable within one year40/41 | €35,759 | €84,761 | €64,974 | ▼ 23.3% |
| Trade receivables40 | €35,314 | €64,470 | €41,508 | ▼ 35.6% |
| Other amounts receivable41 | €445 | €20,292 | €23,466 | ▲ 15.6% |
| Cash at bank and in hand54/58 | €17,017 | €44,715 | €8,049 | ▼ 82.0% |
| Deferred charges and accrued income490/1 | €14,691 | €11,344 | €22,281 | ▲ 96.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €67,467 | €182,234 | €334,251 | ▲ 83.4% |
| Equity10/15 | €38,882 | €144,658 | €279,961 | ▲ 93.5% |
| Contributions10/11 | €2,400 | €2,400 | €2,400 | = |
| Profit (loss) carried forward14 | €36,482 | €142,258 | €277,561 | ▲ 95.1% |
| Amounts payable17/49 | €28,585 | €37,576 | €54,291 | ▲ 44.5% |
| Amounts payable within one year42/48 | €28,585 | €36,976 | €54,291 | ▲ 46.8% |
| Financial debts43 | - | - | €22 | - |
| Credit institutions430/8 | - | - | €22 | - |
| Trade debts44 | €2,010 | €1,347 | €5,039 | ▲ 274% |
| Suppliers440/4 | €2,010 | €1,347 | €5,039 | ▲ 274% |
| Taxes, remuneration and social security45 | €26,575 | €35,629 | €49,230 | ▲ 38.2% |
| Taxes450/3 | €24,075 | €33,129 | €46,730 | ▲ 41.1% |
| Remuneration and social security454/9 | €2,500 | €2,500 | €2,500 | = |
| Accrued charges and deferred income492/3 | - | €600 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,482 | €105,776 | €135,302 | ▲ 27.9% |
| + Depreciation and write-downs630 | - | €677 | €6,157 | ▲ 809% |
| Operating cash flow (approximation) | €36,482 | €106,454 | €141,459 | ▲ 32.9% |
| Investment in fixed assets (approximation) | - | - | -€156,374 | - |
| Change in cash | - | €27,697 | -€36,666 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-06-2026 | 2026-00208743 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00178373 |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00181275 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BAISE Elodie |
|
| HERRMANN Romain Ruddy Marc |
|
Owners and capital
Capital and shareholders
- HERRMANN Romain Ruddy Marc sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 05-06-2023 Incorporation · €2,400 · 240 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-06
Gazette deed
IncorporationAppointments: HERRMANN Romain Ruddy Marc (director) and BAISE Elodie (administrateur subsidiaire) · Registered office clause · Pre-incorporation commitments7 facts ▸
- Registered office clause, “7063 Soignies (Neufvilles), Rue de Neufvilles 306” (deed in French)
- Director appointment, HERRMANN Romain Ruddy Marc
- Director appointment, BAISE Elodie (administrateur subsidiaire)
- Pre-incorporation commitments, “takeover”, 01-01-2023 (deed in French)
- Incorporation, 01-06-2023
- Founder, HERRMANN Romain Ruddy Marc
- Founding capital, €2,400
Register details
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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53058A0964/00Y000 | Wallonia | 154 m² | 1 · 157 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La recherche et le développement d'activités nouvelles; Les études techniques ou les conseils liés à la gestion d'immeubles et de propriété…” (deed in French)
9 activities (deed in French)
- La recherche et le développement d'activités nouvelles;
- Les études techniques ou les conseils liés à la gestion d'immeubles et de propriété;
- Les affaires immobilières;
- Les activités d'intermédiaire commercial et de gestion immobilière;
- L'acquisition de tout droit immobilier en Belgique ou à l'étranger,démembré ou non,indivis ou non,financée par fonds propres ou par crédit hypothécaire ou non,bâti ou non bâti,pour les besoins ou non de son premier objet social ou dans le but de donner en location,mettre à disposition de son administrateur ou de son personnel;
- La réalisation de toutes opérations foncières et immobilières et notamment:la constitution et la gestion de patrimoine immobilier et la location-financement de biens immeubles aux tiers,notamment l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la reconstruction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,l'exploitation,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immeubles,ainsi que toutes opérations qui,directement ou indirectement,sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immeubles;
- Les missions de consultance,de conseil d'assistance relatifs à la gestion et à l'organisation commerciale,administrative,financière,marketing et humaine des entreprises industrielles,commerciales ou agricoles ou d'organismes professionnels,les activités de conseil en gestion d'entreprises,l'organisation de conférences,congrès,de séminaires,au profit des personnes physiques ou morales et d'entreprises tant belges qu'étrangères,ainsi que toutes institutions publiques ou privées;
- L'exercice ou la participation à la gestion d'une ou plusieurs société ou entreprises,en vue notamment d'effectuer des tâches de conseils,de gestion et/ou de représentation de sociétés ou entreprises et de faire partie de leurs organes de gestion;
- L'exercice de mandats d'administrateurs ou de liquidateurs dans d'autres sociétés industrielles,commerciales ou immobilières;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- HEROPROJECT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l'organe d'administration,sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in French)“Avec ou sans limitation de durée,à défaut d'indication censé sans limitation, organe d'administration” (deed in French)“Rémunération des administrateurs, portée aux frais généraux,indépendamment des frais de représentation,voyages et déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés comme liquidateur(s) en vertu des statuts si aucun autre désigné” (deed in French)