HERSSENS-TOLLENAERE
ActiveSummary
HERSSENS-TOLLENAERE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.53M and a net result of €449k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+3
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 6.7 against 5.54 in 2024; short-term debt: 12.3% and cash: 17.2% of total assets), and 27.1% 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.
−lowers risk+raises risk○neutral
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
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
72.9%
Return on assets
9.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-02-2026, 76 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
76 d early
2024
1 d early
2023
7 d early
2022
on the day
2021
4 d late
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.53M▲ 14.6%
2024 · €3.08M
2018: €1.39M
2019: €1.49M
2020: €1.79M
2021: €1.74M
2022: €2.34M
2023: €2.80M
2024: €3.08M
2018 → 2025
Total assets
€4.84M▲ 10.3%
2024 · €4.39M
2018: €2.69M
2019: €2.46M
2020: €3.20M
2021: €3.40M
2022: €4.04M
2023: €4.54M
2024: €4.39M
2018 → 2025
Net result
€449k▲ 60.0%
2024 · €280k
2018: €278k
2019: €219k
2020: €429k
2021: €512k
2022: €601k
2023: €460k
2024: €280k
2018 → 2025
Working capital
€3.40M▲ 15.5%
2024 · €2.94M
2018: €1.33M
2019: €1.41M
2020: €1.84M
2021: €1.74M
2022: €2.28M
2023: €2.82M
2024: €2.94M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.74M-€2.34M▲ 34.6%€2.80M▲ 19.7%€3.08M▲ 10.0%€3.53M▲ 14.6%
Operating result€665k-€889k▲ 33.6%€712k▼ 19.9%€449k▼ 36.9%€674k▲ 50.1%
Net result€512k-€601k▲ 17.4%€460k▼ 23.4%€280k▼ 39.1%€449k▲ 60.0%
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 recovers in 2025; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.84M
Fixed assets
€842k ▲ 6.0%
Current assets
€4.00M ▲ 11.3%
Equity and liabilities €4.84M
Equity
€3.53M ▲ 14.6%
Debt
€1.31M ▲ 0.4%
Debt's share of the balance-sheet total falls from 29.8% to 27.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€939k▲
2024 · €639k
Cash flow
€713k▲
2024 · €470k
Current ratio
6.70▲
2024 · 5.54
Quick ratio
2.00▲
2024 · 1.24
Debt to equity
0.37▼
2024 · 0.42
ROE
12.7%▲
2024 · 9.1%
ROA
9.3%▲
2024 · 6.4%
Interest coverage
17.04▲
2024 · 9.76
Debt ≤ 1 year
€596k▼
2024 · €648k
Debt > 1 year
€676k▲
2024 · €611k
Income taxes
€204k▲
2024 · €124k
Staff costs
€295k▼
2024 · €301k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.39M€4.84M▲
Fixed assets21/28€794k€842k▲
Intangible fixed assets21€3k€3k▼
Tangible fixed assets22/27€791k€839k▲
Land and buildings22€204k€166k▼
Plant, machinery and equipment23€457k€456k▼
Furniture and vehicles24€74k€159k▲
Leasing and similar rights25€56k€58k▲
Current assets29/58€3.59M€4.00M▲
Stocks and contracts in progress3€2.79M€2.80M▲
Stocks30/36€2.79M€2.80M▲
Amounts receivable within one year40/41€365k€338k▼
Trade receivables40€365k€328k▼
Other amounts receivable41€0€10k▲
Current investments50/53€1k€2k▲
Cash at bank and in hand54/58€421k€834k▲
Deferred charges and accrued income490/1€14k€20k▲
Equity and liabilities
Total equity and liabilities10/49€4.39M€4.84M▲
Equity10/15€3.08M€3.53M▲
Contributions10/11€559k€559k=
Reserves13€2.52M€2.97M▲
Non-distributable reserves130/1€56k€56k=
Reserves not available under the articles1311€56k€56k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€2.45M€2.89M▲
Amounts payable17/49€1.31M€1.31M▲
Amounts payable after more than one year17€611k€676k▲
Financial debts170/4€236k€301k▲
Other amounts payable178/9€375k€375k=
Amounts payable within one year42/48€648k€596k▼
Current portion of amounts payable after more than one year42€95k€101k▲
Financial debts43€53k€28k▼
Credit institutions430/8€53k€28k▼
Trade debts44€158k€254k▲
Suppliers440/4€158k€254k▲
Taxes, remuneration and social security45€66k€111k▲
Taxes450/3€38k€83k▲
Remuneration and social security454/9€27k€28k▲
Other amounts payable47/48€277k€102k▼
Accrued charges and deferred income492/3€47k€39k▼
Income statement
Code20242025
Non-recurring operating income76A€413€6k▲
Remuneration, social security and pensions62€301k€295k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€190k€264k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€-5k▼
Other operating charges640/8€13k€5k▼
Gross operating margin9900€964k€1.23M▲
Operating profit (loss)9901€449k€674k▲
Financial income75/76B€20k€33k▲
Recurring financial income75€20k€33k▲
Financial charges65/66B€65k€55k▼
Recurring financial charges65€65k€55k▼
Profit (loss) for the period before taxes9903€404k€653k▲
Income taxes67/77€124k€204k▲
Profit (loss) for the period9904€280k€449k▲
Profit (loss) for the period to be appropriated9905€280k€449k▲
Appropriation of the result
Profit (loss) to be appropriated9906€280k€449k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€280k€449k▲
To other reserves6921€280k€449k▲
Social balance
Average headcount (FTE)90875.94.6▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €601k ▲17.4%
Operating result €889k, net result €601k, both a record.
30-09
Financial
Equity above €2MEq €2.34M ▲34.6%
5 profitable years in a row build equity to €2.34M.
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €219k ▼21.1%
Net result drops to €219k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lokeren · 1 establishment unit since 1988
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.
Pereboomsteenweg 479180 LokerenGround area
3,647 m²
Building footprint
1,412 m²
Volume, LiDAR
6,783 m³
Parcel 44045B0312/00F000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pereboomsteenweg 47, 9180 Lokeren
since 19882.040.098.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44045B0312/00F000 | Flanders | 3,647 m² | 1 · 1,412 m² | 7.4 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.
Similar companies · same sector, comparable size
MATEXPORT
BE 0449.737.233
Somme-Leuze · Eq €3.52M
VELUPONT
BE 0697.715.456
Braives · Eq €3.45M
GILLES CLERMONT
BE 0887.495.065
Walcourt · Eq €3.39M
THE PONDEROSA
BE 0473.138.581
Deinze · Eq €3.37M
CHRISTIAENS - VOLCKE
BE 0458.818.314
Avelgem · Eq €3.70M
Of 806 companies in sector 46610 we hold annual accounts for 566. 352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-1988
Fiscal year end30-09
Activities, NACEBEL 2025
46610Wholesale trade
25401Forging of metal
43211General electrical installation work
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.