HerVaàM
ActiveHerVaàM has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €348. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 27% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-2
Solvency51▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.22 against 6.45 in 2024; short-term debt: 23% and cash: 21% of total assets), but 73.9% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-01-2026, 13 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
13 d early
2024
1 d early
2023
1 d early
2022
8 d early
2021
5 d early
2020
22 d early
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 1.0%
2024 · €34k
2019: €32k
2020: €43k
2021: €68k
2022: €93k
2023: €32k
2024: €34k
2019 → 2025
Total assets
€133k▼ 24.6%
2024 · €177k
2019: €98k
2020: €81k
2021: €197k
2022: €236k
2023: €181k
2024: €177k
2019 → 2025
Net result
€348▼ 86.2%
2024 · €3k
2019: €9k
2020: €11k
2021: €26k
2022: €21k
2023: €9k
2024: €3k
2019 → 2025
Working capital
€98k▼ 32.0%
2024 · €145k
2019: €12k
2020: €33k
2021: €151k
2022: €192k
2023: €157k
2024: €145k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€93k▲ 36.9%€32k▼ 65.7%€34k▲ 7.9%€35k▲ 1.0%
Operating result€35k-€24k▼ 32.1%€8k▼ 65.6%€6k▼ 29.4%€1k▼ 81.6%
Net result€26k-€21k▼ 20.9%€9k▼ 56.9%€3k▼ 71.6%€348▼ 86.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€4k▼ 25.0%
Current assets
€129k▼ 24.6%
Equity and liabilities €133k
Equity
€35k▲ 1.0%
Debt
€98k▼ 30.9%
The debt ratio falls from 80.5% to 73.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€2k▼
2024 · €4k
Solvency
26.1%▲
2024 · 19.5%
Current ratio
4.22▼
2024 · 6.45
Quick ratio
4.22▼
2024 · 6.45
Debt / equity
2.83▼
2024 · 4.14
ROE
1.0%▼
2024 · 7.4%
ROA
0.3%▼
2024 · 1.4%
Interest coverage
17.46▼
2024 · 54.70
Debt
€98k▼
2024 · €142k
Debt ≤ 1 year
€31k▲
2024 · €27k
Income taxes
€3k▼
2024 · €4k
Staff costs
€18k▼
2024 · €22k
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€177k€133k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€171k€129k▼
Amounts receivable within one year40/41€69k€65k▼
Trade receivables40€32k€25k▼
Other amounts receivable41€37k€40k▲
Current investments50/53€195-
Cash at bank and in hand54/58€35k€28k▼
Deferred charges and accrued income490/1€67k€36k▼
Equity and liabilities
Total equity and liabilities10/49€177k€133k▼
Equity10/15€34k€35k▲
Contributions10/11€20k€20k=
Reserves13€14k€15k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€13k▲
Amounts payable17/49€142k€98k▼
Amounts payable within one year42/48€27k€31k▲
Financial debts43€926-
Credit institutions430/8€926-
Trade debts44€14k€24k▲
Suppliers440/4€14k€24k▲
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€9k€5k▼
Accrued charges and deferred income492/3€116k€68k▼
Income statement
Code20242025
Remuneration, social security and pensions62€22k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€493€17k▲
Gross operating margin9900€30k€38k▲
Operating profit (loss)9901€6k€1k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€132€139▲
Recurring financial charges65€132€139▲
Profit (loss) for the period before taxes9903€7k€3k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€3k€348▼
Profit (loss) for the period to be appropriated9905€3k€348▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€348▼
Profit (loss) brought forward from the previous period14P€936-
Transfer to equity691/2€3k€348▼
To other reserves6921€3k€348▼
The notes to these accounts (5 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
18-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €348 ▼86.2%
Net result drops to €348, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €26k ▲145%
Operating result €35k, net result €26k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 5.98
Current ratio from 2.35 to 5.98.
09-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
06-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Herentals · 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.
Hemeldonk(HRT) 52200 HerentalsGround area
2,597 m²
Building footprint
788 m²
Volume, LiDAR
4,118 m³
Parcel 13302D0430/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HerVaàM
since 20172.264.459.654
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0430/00P000 | Flanders | 2,597 m² | 1 · 788 m² | 7.9 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
2022 to 2025 · 3 entries · 560 EUR awarded · 674 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 178 EUR | 178 EUR |
| 2023 | 1 | 94 EUR | 208 EUR |
| 2022 | 1 | 288 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,814 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2017
Fiscal year end30-06
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.