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HERTZ

Active
Private limited companyfounded 201313 years activeSchagendreef 11, 2930 Brasschaat, BelgiumKBO/BCE: BE 0523.916.004
Summary

The computed 12-month bankruptcy probability of HERTZ is 2.1% (moderate). The 2025 annual accounts show equity of €10,577 and a net result of €6,474. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other construction installation
NACE 43240
1 site
Size
€80,848total assets 2025
Equity
€10,577
Profit
€6,474
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
2.1%
Structure
Accounts filed 31 days late0 of 3 deeds read
Why 53- Latest accounts 31 days late; 2 of the last 3 late- Liquidity: current ratio 1.13, cash €83, halved- Sector Specialised construction activities (NACE 43)+ Size: total assets €80,848Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 38+9
equity 13.1% of total assets
Liquidity 8-22
short-term debt 76.8% · cash 0.1%
Profitability 57+57
return on assets 8.0%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.7%▼ -0.1 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.7 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.7%▼ -0.1 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.6%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.4 percentage points vs 07-2026 09-2026: 2.1%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 2.1%● unchanged vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.98 in 2024; short-term debt: 76.8% and cash: 0.1% of total assets), and 86.9% of the assets are financed with debt.
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 43, micro): better than 16% on solvency, 5% on liquidity, 27% on profitability and 95% on growth.

The bankruptcy probability was computed on 06-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.13, cash €83, halved
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €80,848
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 16%
← 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 days late
2024
31 days late
2023
30 days late
2022
67 days late
2021
78 days late
2020
31 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 31 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €6,474
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 17% on solvencysector median 47.1% · 33,994 companies 13.1% View
  • Total assets 20256 fiscal years filed €80,848 View
  • Active since 2013founded 13-03-2013 13 years View

By topic

Financials

Fiscal year
2025
Total assets
€80,848
Profit
€6,474
Solvency
13.1%
Total assets▼ 19.4%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 30-08-2024Annual accounts filed
  3. 06-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other construction installationNACE 43240
Founded
13-03-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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