HERVE AUTO
ActiveSummary
HERVE AUTO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€99,272) and a net result of -€43,147. Equity is shrinking by ~56.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.15 in 2023; short-term debt: 278.7% and cash: 20% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-178.7%
Return on assets
-77.6%
Age of the figures
21 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€99,272
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
61 d late
2022
on the day
2021
3 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€99,272▼ 76.9%
2023 · -€56,125
Total assets
€55,567▲ 445%
2023 · €10,190
Net result
-€43,147▲ 11.1%
2023 · -€48,548
Working capital
-€99,521▼ 105%
2023 · -€48,513
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€32,080-€9,772▲ 69.5%-€57,434▼ 488%-€46,548▲ 19.0%-€41,660▲ 10.5%
Net result-€33,506below the sector's middle half-€10,763below the sector's middle half▲ 67.9%-€58,413below the sector's middle half▼ 443%-€48,548below the sector's middle half▲ 16.9%-€43,147below the sector's middle half▲ 11.1%
Equity€61,599within the sector's middle half▼ 35.2%€50,836within the sector's middle half▼ 17.5%-€7,577below the sector's middle half-€56,125below the sector's middle half▼ 641%-€99,272below the sector's middle half▼ 76.9%
Total assets€87,207within the sector's middle half▼ 36.6%€88,626within the sector's middle half▲ 1.6%€39,982below the sector's middle half▼ 54.9%€10,190below the sector's middle half▼ 74.5%€55,567below the sector's middle half▲ 445%
Debt€25,608▼ 39.6%€37,790▲ 47.6%€47,559▲ 25.9%€66,315▲ 39.4%€154,839▲ 133%
Working capital€54,926within the sector's middle half▼ 42.2%€45,792within the sector's middle half▼ 16.6%-€10,663below the sector's middle half-€48,513below the sector's middle half▼ 355%-€99,521below the sector's middle half▼ 105%
Solvency70.6%above the sector's middle half▲ 1.5pp57.4%within the sector's middle half▼ 13.3pp-19.0%below the sector's middle half▼ 76.3pp-550.8%below the sector's middle half▼ 531.8pp-178.7%below the sector's middle half▲ 372.1pp
Current ratio3.14above the sector's middle half▼ 0.102.21within the sector's middle half▼ 0.930.78below the sector's middle half▼ 1.440.15below the sector's middle half▼ 0.620.36below the sector's middle half▲ 0.21
Return on assets (ROA)-38.4%below the sector's middle half▼ 40.8pp-12.1%below the sector's middle half▲ 26.3pp-146.1%below the sector's middle half▼ 134.0pp-476.4%below the sector's middle half▼ 330.3pp-77.6%below the sector's middle half▲ 398.8pp
Staff (FTE)1within the sector's middle half=1=1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41,660 in 2024 against €46,548 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55,567
Fixed assets
€249 ▼ 83.5%
Current assets
€55,318 ▲ 537%
Key figures and ratios
EBITDA
-€40,400▲
2023 · -€44,577
Cash flow
-€41,887▲
2023 · -€46,577
Quick ratio
0.20▲
2023 · 0.15
Debt to equity
-1.56▼
2023 · -1.18
Interest coverage
-27.17▼
2023 · -22.29
Debt ≤ 1 year
€154,839▲
2023 · €57,194
Staff costs
€44,997▲
2023 · €41,703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €25,274 | €35,769 | €41,703 | €44,997 | ▲ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €827 | €1,876 | €1,957 | €1,971 | €1,260 | ▼ 36.1% |
| Other operating charges640/8 | - | €2,555 | €2,876 | €2,639 | €2,795 | ▲ 5.9% |
| Gross operating margin9900 | -€3,402 | €19,933 | -€16,832 | -€235 | €7,392 | ▲ 3,246% |
| Operating profit (loss)9901 | -€32,080 | -€9,772 | -€57,434 | -€46,548 | -€41,660 | ▲ 10.5% |
| Financial charges65/66B | - | €991 | €979 | €2,000 | €1,487 | ▼ 25.7% |
| Recurring financial charges65 | €1,426 | €991 | €979 | €2,000 | €1,487 | ▼ 25.7% |
| Profit (loss) for the period before taxes9903 | -€33,506 | -€10,763 | -€58,413 | -€48,548 | -€43,147 | ▲ 11.1% |
| Profit (loss) for the period9904 | -€33,506 | -€10,763 | -€58,413 | -€48,548 | -€43,147 | ▲ 11.1% |
| Profit (loss) for the period to be appropriated9905 | -€33,506 | -€10,763 | -€58,413 | -€48,548 | -€43,147 | ▲ 11.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,207 | €88,626 | €39,982 | €10,190 | €55,567 | ▲ 445% |
| Fixed assets21/28 | €6,673 | €5,044 | €3,086 | €1,509 | €249 | ▼ 83.5% |
| Tangible fixed assets22/27 | €6,673 | €5,044 | €3,086 | €1,509 | €249 | ▼ 83.5% |
| Furniture and vehicles24 | - | €5,044 | €3,086 | €1,509 | €249 | ▼ 83.5% |
| Current assets29/58 | €80,534 | €83,582 | €36,896 | €8,681 | €55,318 | ▲ 537% |
| Stocks and contracts in progress3 | €36,391 | €13,400 | €25,250 | - | €24,912 | - |
| Stocks30/36 | - | €13,400 | €25,250 | - | €24,912 | - |
| Amounts receivable within one year40/41 | €35,159 | €24,981 | €5,706 | €1,859 | €19,309 | ▲ 939% |
| Trade receivables40 | - | €15,200 | €3,847 | - | €17,450 | - |
| Other amounts receivable41 | - | €9,781 | €1,859 | €1,859 | €1,859 | = |
| Cash at bank and in hand54/58 | €8,567 | €45,201 | €5,940 | €6,822 | €11,097 | ▲ 62.7% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,207 | €88,626 | €39,982 | €10,190 | €55,567 | ▲ 445% |
| Equity10/15 | €61,599 | €50,836 | -€7,577 | -€56,125 | -€99,272 | ▼ 76.9% |
| Contributions10/11 | €6,346 | €6,346 | €6,346 | €6,346 | €6,346 | = |
| Reserves13 | €18,800 | €18,800 | €18,800 | €18,800 | €18,800 | = |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Distributable reserves133 | - | €16,900 | €16,900 | €16,900 | €16,900 | = |
| Profit (loss) carried forward14 | €36,453 | €25,690 | -€32,723 | -€81,271 | -€124,418 | ▼ 53.1% |
| Amounts payable17/49 | €25,608 | €37,790 | €47,559 | €66,315 | €154,839 | ▲ 133% |
| Amounts payable after more than one year17 | - | - | - | €9,121 | - | - |
| Financial debts170/4 | - | - | - | €9,121 | - | - |
| Amounts payable within one year42/48 | €25,608 | €37,790 | €47,559 | €57,194 | €154,839 | ▲ 171% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,424 | - | - |
| Financial debts43 | - | - | €2,483 | €2,033 | - | - |
| Credit institutions430/8 | - | - | €2,483 | €2,033 | - | - |
| Trade debts44 | €2,489 | €1,319 | €1,840 | €5,911 | €2,234 | ▼ 62.2% |
| Suppliers440/4 | - | €1,319 | €1,840 | €5,911 | €2,234 | ▼ 62.2% |
| Taxes, remuneration and social security45 | - | €7,489 | €12,760 | €9,653 | €10,355 | ▲ 7.3% |
| Taxes450/3 | - | €0 | €2,817 | €4,013 | €2,151 | ▼ 46.4% |
| Remuneration and social security454/9 | - | €7,489 | €9,943 | €5,640 | €8,204 | ▲ 45.5% |
| Other amounts payable47/48 | - | €28,982 | €30,476 | €30,173 | €142,250 | ▲ 371% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,506 | -€10,763 | -€58,413 | -€48,548 | -€43,147 | ▲ 11.1% |
| + Depreciation and write-downs630 | €827 | €1,876 | €1,957 | €1,971 | €1,260 | ▼ 36.1% |
| Operating cash flow (approximation) | -€32,679 | -€8,887 | -€56,456 | -€46,577 | -€41,887 | ▲ 10.1% |
| Investment in fixed assets (approximation) | - | -€247 | €1 | -€394 | €0 | ▲ 100% |
| Change in cash | - | €36,634 | -€39,261 | €882 | €4,275 | ▲ 385% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€58,413
Net result drops to -€58,413, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3,234
Net result €3,234 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2000
Ground area
479 m²
Building footprint
298 m²
Volume, LiDAR
1,353 m³
2 parcels, Flanders, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Marlièrestraat 1, 7700 Mouscron
since 20002.099.507.095
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0404/00E000 | Wallonia | 304 m² | 1 · 222 m² | 7.6 m · 1 fl. |
| 36017A0277/00M000 | Flanders | 176 m² | 1 · 76 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 3,318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.