HERREBOSCH CONSTRUCT
ActiveHERREBOSCH CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €9k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 34% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+4
Solvency56▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.01 in 2023; short-term debt: 57.3% and cash: 15.5% of total assets), and 69.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
30.7%
Return on assets
2.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
30 d late
2021
57 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 7.9%
2023 · €98k
2018: €36k
2019: €40k
2020: €63k
2021: €83k
2022: €101k
2023: €98k
2018 → 2024
Total assets
€346k▼ 5.8%
2023 · €367k
2018: €137k
2019: €115k
2020: €162k
2021: €361k
2022: €417k
2023: €367k
2018 → 2024
Net result
€9k
2023 · €-2k
2018: €18k
2019: €4k
2020: €23k
2021: €21k
2022: €20k
2023: €-2k
2018 → 2024
Working capital
€-10k
2023 · €2k
2018: €24k
2019: €-9k
2020: €358
2021: €-73k
2022: €41k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€83k▲ 32.2%€101k▲ 22.7%€98k▼ 3.1%€106k▲ 7.9%
Operating result€27k-€22k▼ 19.7%€25k▲ 15.3%€-18€10k
Net result€23k-€21k▼ 7.7%€20k▼ 6.4%€-2k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €10k after a loss of €18 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets
€158k▼ 4.7%
Current assets
€188k▼ 6.7%
Equity and liabilities €346k
Equity
€106k▲ 7.9%
Debt
€240k▼ 10.8%
The debt ratio falls from 73.2% to 69.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2023 · €53k
Cash flow
€63k▲
2023 · €50k
Solvency
30.7%▲
2023 · 26.8%
Current ratio
0.95▼
2023 · 1.01
Quick ratio
0.88▼
2023 · 0.96
Debt / equity
2.26▼
2023 · 2.73
ROE
8.1%▲
2023 · -2.4%
ROA
2.5%▲
2023 · -0.6%
Interest coverage
37.34▲
2023 · 21.42
Debt
€240k▼
2023 · €269k
Debt ≤ 1 year
€198k▼
2023 · €200k
Debt > 1 year
€41k▼
2023 · €68k
Income taxes
€2k▲
2023 · €157
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€367k€346k▼
Fixed assets21/28€165k€158k▼
Tangible fixed assets22/27€165k€158k▼
Plant, machinery and equipment23€95k€67k▼
Furniture and vehicles24€70k€91k▲
Current assets29/58€202k€188k▼
Stocks and contracts in progress3€11k€13k▲
Stocks30/36€11k€13k▲
Amounts receivable within one year40/41€106k€118k▲
Trade receivables40€94k€114k▲
Other amounts receivable41€12k€5k▼
Cash at bank and in hand54/58€35k€54k▲
Deferred charges and accrued income490/1€50k€3k▼
Equity and liabilities
Total equity and liabilities10/49€367k€346k▼
Equity10/15€98k€106k▲
Contributions10/11€19k€19k=
Reserves13€53k€53k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€26k€34k▲
Amounts payable17/49€269k€240k▼
Amounts payable after more than one year17€68k€41k▼
Financial debts170/4€68k€41k▼
Amounts payable within one year42/48€200k€198k▼
Current portion of amounts payable after more than one year42€51k€56k▲
Trade debts44€42k€19k▼
Suppliers440/4€42k€19k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9-€715
Other amounts payable47/48€103k€120k▲
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20232024
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€55k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€72€250▲
Gross operating margin9900€54k€67k▲
Operating profit (loss)9901€-18€10k▲
Financial income75/76B€287€2k▲
Recurring financial income75€287€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-2k€11k▲
Income taxes67/77€157€2k▲
Profit (loss) for the period9904€-2k€9k▲
Profit (loss) for the period to be appropriated9905€-2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€35k▲
Profit (loss) brought forward from the previous period14P€29k€26k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲7.9%
Equity rises from €98k to €106k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼112%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €101k ▲22.7%
5 profitable years in a row build equity to €101k.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €23k ▲483%
Operating result €27k, net result €23k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Asse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Muzeumstraat 631730 AsseGround area
922 m²
Building footprint
147 m²
Volume, LiDAR
647 m³
Parcel 23002F0418/00Z000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HERREBOSCH CONSTRUCT
since 20172.271.203.233
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002F0418/00Z000 | Flanders | 922 m² | 1 · 147 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 512 EUR awarded · 512 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 512 EUR | 512 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,633 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2017
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
25120Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.