HERTZ BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of HERTZ BELGIUM is 2.8% (moderate). The 2025 annual accounts show negative equity (-€4.8m) and a net result of -€3.0m. Equity has been shrinking by about 30% per year since 2018. Its solvency ranks better than 7% of 543 sector peers (NACE 77, financial year 2025). The company has been active since 1960 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
Overview
Official details
Source: KBO- Status
- Active since 09-04-1960 Normal situation
- Activity
- Renting and leasing of cars and light motor vehicles NACE 77110and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 112 Paritair Comité voor het garagebedrijf · annual accounts 2025
- Establishment units
- 2.142.544.215 1060 Sint-Gillis (bij-Brussel), since 01-10-1986
- 2.143.734.444 1930 Zaventem, since 01-10-1986and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Glenn JacobsDirector · since 01-01-2022
- Eric SiewersDirector · since 27-06-2024
- Auditor
- EY Bedrijfsrevisoren BV
- Hertz Holdings Netherlands 2 BV99.99%annual accounts 2025
- Hertz Global Holdings Incconsolidatesannual accounts 2025
- The Hertz Corporation0.01%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Turnover
- €40.9m
- ▲ 13.2%
- Loss
- €3.0m
- ▼ 74.8%
- Equity
- -€4.8m
- ▼ 162%
- Total assets
- €71.3m
- ▲ 4.1%
- Employees on 31-12-2025
- 48
- ▼ 2.0%
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€4.8mLiquidity: current ratio 0.22, cash €31,482, halved2 ex-officio strike-offs in the KBOlowers riskSize: turnover €40.9m, 46.1 FTE, total assets €71.3mShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 77, small). It does better than 4% of them on solvency, 1% on liquidity, 23% on profitability and 39% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 70 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€4.8m View
- Risk: 5 loss-making years in a rowloss in financial year 2025 -€3.0m View
- Caution: Equity fell in 2025from -€1.8m to -€4.8m ▼ 162% View
- Caution: Lower net result than 95% of companies in rental and leasingsector median €55,798 · 543 companies -€3.0m View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Amendment of the articles · Legal-form change
- · Gazette deed Permanent representatives: Frédéric De Mee and Eef Naessens
Comparable companies
These companies have the same main activity as HERTZ BELGIUM: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €19m and €232m, founded between 1970 and 1999.
| Company | Total assets | Turnover |
|---|---|---|
| HERTZ BELGIUM Zaventem | €71.3m | €40.9m |
| FRAIKIN BELGIUM TRUCK RENTING Machelen (Brab.) | €67.6m | €30.4m |
| AVIS BELGIUM Machelen (Brab.) | €97.6m | €29.9m |
| SIXT BELGIUM Machelen (Brab.) | €66.4m | €51.5m |
| GENERAL LEASE Tongeren | €161.4m | €73.6m |
| VANCIA MOBILITY LEASE Kortrijk | €231.9m | €85.0m |
| Europcar Elsene | €19.3m | €45.6m |
Key facts about HERTZ BELGIUM
- What is the company number of HERTZ BELGIUM?
- The company number of HERTZ BELGIUM is 0401.678.879. The VAT number is the same number with BE in front: BE 0401.678.879.
- Where is HERTZ BELGIUM based?
- The registered office is at Excelsiorlaan 20, 1930 Zaventem.Company details
- What does HERTZ BELGIUM do?
- According to the KBO register, the main activity is renting and leasing of cars and light motor vehicles (NACE 77110).
- What is the legal form of HERTZ BELGIUM?
- The legal form of HERTZ BELGIUM is Private limited company (BV).
- When was HERTZ BELGIUM founded?
- HERTZ BELGIUM was founded on 09-04-1960.
- Is HERTZ BELGIUM still active?
- Yes, HERTZ BELGIUM is an active enterprise in the KBO register.
- How many employees does HERTZ BELGIUM have?
- HERTZ BELGIUM had an average of 46.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HERTZ BELGIUM fall under?
- In its 2025 annual accounts, HERTZ BELGIUM states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 112 (Paritair Comité voor het garagebedrijf).
- What is the turnover of HERTZ BELGIUM?
- The turnover of HERTZ BELGIUM was €40.9m in financial year 2025, according to the filed annual accounts.
- Is HERTZ BELGIUM profitable?
- In financial year 2025, HERTZ BELGIUM made a loss of €3.0m.
- Where can I find the annual accounts of HERTZ BELGIUM?
- HERTZ BELGIUM filed 51 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HERTZ BELGIUM due?
- HERTZ BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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