Subsidiaries and holdings
- GREENERGY99.89%
- PWL Construct50%
- PWL Invest50%
- VARIDANS49.1%
From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
HERVAGO is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.3m and a net result of €169,286, of which €129,945 non-recurring income. Equity has been shrinking by about 3.6% per year since 2018. Its solvency ranks better than 85% of 9,750 sector peers (NACE 64, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 10-06-2005 Normal situation
- Legal form
- Private limited company
- Registered office
- Dieperstraat 108, 2230 Herselt
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.147.533.874 2230 Herselt, since 25-05-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- Varidans BVDirector · since 25-05-2005
- Holdings
- Shares in 5 companies including GREENERGY and PWL Construct
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-09-2025
- Profit
- €169,286
- Equity
- €4.3m
- Total assets
- €5.0m
2025 accounts filed on time
Filed on 30-04-2026PDF
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2023
30 days late
2022
5 days early
2021
33 days early
2020
30 days early
2019
147 days early
2018
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 64), the median for financial year 2023 was 12 days before the deadline, and 29% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: Largest company by total assets in Herselt, Finance and insurance sectorin the Checked rankings No. 1 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-04-2026
- Annual accounts 2023filed on 30-08-2024
- Annual accounts 2022filed on 26-07-2023
- Annual accounts 2021filed on 28-06-2022
Acts in the Belgian Official Gazette
- Miscellaneousact of 27-12-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about HERVAGO
- What is the company number of HERVAGO?
- The company number of HERVAGO is 0874.399.570. The VAT number is the same number with BE in front: BE 0874.399.570.
- Where is HERVAGO based?
- The registered office is at Dieperstraat 108, 2230 Herselt.Company details
- What does HERVAGO do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of HERVAGO?
- The legal form of HERVAGO is Private limited company (BV).
- When was HERVAGO founded?
- HERVAGO was founded on 10-06-2005.
- Is HERVAGO still active?
- Yes, HERVAGO is an active enterprise in the KBO register.
- What is the turnover of HERVAGO?
- The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.3m and 56 comparable companies of the same size. It probably lies between €1.5m and €3.1m. It is a rough estimate.Financials
- Is HERVAGO profitable?
- In financial year 2025, HERVAGO made a profit of €169,286.
- Where can I find the annual accounts of HERVAGO?
- HERVAGO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
Companies linked to HERVAGO
Comparable companies
These companies have the same main activity as HERVAGO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €4.2m and €5.6m, founded between 2003 and 2006.
| Company | Total assets | Gross margin |
|---|---|---|
| HERVAGO Herselt | €5.0m | €1.3m |
| EMVICO Zonnebeke | €5.2m | €1.3m |
| GrindoSonic Leuven | €4.4m | €1.2m |
| VAGO INVEST Waregem | €5.2m | €1.4m |
| UPM BRUXELLES Tubize | €5.6m | €1.4m |
| KING KONG Bertem | €4.2m | €1.5m |
| KELVION BVBA Zele | €4.4m | €1.0m |
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