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HERREWYN DIRK

Active
Private limited company (pre-2019)founded 200917 yrs activeVladslostraat(BEE) 31, 8600 Diksmuide, BelgiumKBO/BCE: BE 0809.820.534

HERREWYN DIRK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €6k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
59 / 100
Fair▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▲+9
Solvency36▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.23 in 2024), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.3%
Return on assets
0.4%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 27358 sector peers (2025).
NBB · sector comparison
Position among 27358 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
26 d late
2019
60 d late
← before the deadline after the deadline →
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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€317k▲ 1.9%
2024 · €312k
2018: €259k 2019: €212k 2020: €246k 2021: €250k 2022: €238k 2023: €312k 2024: €312k
2018 → 2025
Total assets
€1.42M▲ 7.6%
2024 · €1.32M
2018: €839k 2019: €835k 2020: €844k 2021: €1.28M 2022: €1.35M 2023: €1.40M 2024: €1.32M
2018 → 2025
Net result
€6k
2024 · €-549
2018: €6k 2019: €-46k 2020: €34k 2021: €4k 2022: €-13k 2023: €75k 2024: €-549
2018 → 2025
Working capital
€178k▲ 7.6%
2024 · €165k
2018: €153k 2019: €124k 2020: €174k 2021: €144k 2022: €129k 2023: €176k 2024: €165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€250k-€238k▼ 5.0%€312k▲ 31.4%€312k▼ 0.2%€317k▲ 1.9%
Operating result€9k-€-4k€89k€11k▼ 87.7%€14k▲ 32.2%
Net result€4k-€-13k€75k€-549€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €9k€9kNet result 2021: €4k€4kOperating result 2022: €-4k€-4kNet result 2022: €-13k€-13kOperating result 2023: €89k€89kNet result 2023: €75k€75kOperating result 2024: €11k€11kNet result 2024: €-549€-549Operating result 2025: €14k€14kNet result 2025: €6k€6k20212022202320242025
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets €411k▼ 9.3%
Current assets €1.01M▲ 16.4%
Equity and liabilities €1.42M
Equity €317k▲ 1.9%
Provisions €5k▼ 11.3%
Debt €1.10M▲ 9.4%
The debt ratio rises from 76.1% to 77.4%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57k
2024 · €53k
Cash flow
€48k
2024 · €41k
Solvency
22.3%
2024 · 23.5%
Current ratio
1.21
2024 · 1.23
Quick ratio
0.37
2024 · 0.30
Debt / equity
3.47
2024 · 3.23
ROE
1.9%
2024 · -0.2%
ROA
0.4%
2024 · 0.0%
Interest coverage
5.74
2024 · 4.45
Debt
€1.10M
2024 · €1.01M
Debt ≤ 1 year
€836k
2024 · €706k
Debt > 1 year
€265k
2024 · €301k
Income taxes
€271
2024 · €264
Staff costs
€97k
2024 · €114k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.32M€1.42M
Fixed assets21/28€453k€411k
Tangible fixed assets22/27€450k€408k
Land and buildings22€335k€308k
Plant, machinery and equipment23€114k€99k
Furniture and vehicles24€154€0
Financial fixed assets28€3k€3k=
Current assets29/58€871k€1.01M
Stocks and contracts in progress3€662k€702k
Stocks30/36€46k€50k
Contracts in progress37€616k€653k
Amounts receivable within one year40/41€209k€311k
Trade receivables40€184k€279k
Other amounts receivable41€25k€32k
Cash at bank and in hand54/58€10€138
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.42M
Equity10/15€312k€317k
Contributions10/11€191k€191k=
Reserves13€118k€126k
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€19k€19k=
Tax-exempt reserves132€21k€19k
Distributable reserves133€77k€88k
Profit (loss) carried forward14€3k€159
Provisions and deferred taxes16€5k€5k
Deferred taxes168€5k€5k
Amounts payable17/49€1.01M€1.10M
Amounts payable after more than one year17€301k€265k
Financial debts170/4€301k€265k
Amounts payable within one year42/48€706k€836k
Current portion of amounts payable after more than one year42€35k€36k
Financial debts43€3k€5k
Credit institutions430/8€3k€5k
Trade debts44€145k€260k
Suppliers440/4€145k€260k
Taxes, remuneration and social security45€10k€6k
Taxes450/3€2k€3k
Remuneration and social security454/9€8k€3k
Other amounts payable47/48€513k€528k
Accrued charges and deferred income492/3€0€1k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€114k€97k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€42k=
Other operating charges640/8€7k€6k
Gross operating margin9900€174k€160k
Operating profit (loss)9901€11k€14k
Financial income75/76B€80€956
Recurring financial income75€80€956
Financial charges65/66B€12k€10k
Recurring financial charges65€12k€10k
Profit (loss) for the period before taxes9903€-885€6k
Transfer from deferred taxes780€600€600=
Transfer to deferred taxes680€0-
Income taxes67/77€264€271
Profit (loss) for the period9904€-549€6k
Transfer from tax-exempt reserves789€2k€2k=
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€2k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€11k
Profit (loss) brought forward from the previous period14P€990€3k
Transfer to equity691/2€0€11k
To other reserves6921€0€11k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €75k
Net result €75k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Back to profitnet €34k
Net result €34k after one loss-making year.
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial Weakest financial yearnet €-46k ▼831%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 16 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 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, Diksmuide · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Vladslostraat(BEE) 318600 Diksmuide
Ground area
2,263 m²
Building footprint
218 m²
Volume, LiDAR
1,374 m³
Parcel 32024E0512/00K000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vladslostraat 31, 8600 Diksmuide
Specialised construction activities
since 20092.176.430.471
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32024E0512/00K000 Flanders 2,263 m² 1 · 218 m² 9.4 m · 2 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

2023 to 2025 · 4 entries · 1,844 EUR awarded · 1,844 EUR paid
Year Entries awardedpaid
2025 1 204 EUR204 EUR
2024 2 1,384 EUR1,384 EUR
2023 1 256 EUR256 EUR
Schemes
Premie kwalificerend werkplekleren
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 844 EUR · 844 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

1 category
HERREWYN DIRK BV42820
category D5, class 1
decision 01-06-2023

Dual-learning approval

2 live approvals · 1 ended
Daktimmerman duaal (so)
Goedgekeurd · 2023 to 2028
Schrijnwerker houtbouw duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 6,770 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded16-02-2009
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.