HERWEST
The computed 12-month bankruptcy probability of HERWEST is 0.4% (very low). The 2024 annual accounts show equity of €225k and a net result of €135k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 65% of 1225 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €225k |
| Net result | €135k |
| Staff (FTE) | 10.6 |
| Better than sector | 65% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 33.8% | 20.4% | |
| Net result | €135k | €26k | |
| Equity | €225k | €142k | |
| Gross operating margin | €662k | €217k | |
| Staff costs | €449k | €163k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €197k |
| Net profit | €135k |
| Cash flow | €162k |
| Staff costs | €449k |
| Income taxes | €50k |
| Dividends | €135k |
| Total assets | €665k |
| Equity | €225k |
| Debt | €440k |
| of which ≤ 1y | €440k |
| of which > 1y | - |
| Working capital | €153k |
| Employees (FTE) | 10.6 |
| 2024 | |
|---|---|
| Current ratio | 1.35 |
| Quick ratio | 1.29 |
| Working capital ratio | 23.1% |
| Solvency | 33.8% |
| Debt / equity | 1.96 |
| Long-term debt ratio | - |
| Interest coverage | 7056.62 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.3% |
| ROE | 60.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €665k |
| Fixed assets | 21/28 | €71k |
| Tangible fixed assets | 22/27 | €71k |
| Current assets | 29/58 | €594k |
| Stocks & contracts in progress | 3 | €27k |
| Amounts receivable within one year | 40/41 | €251k |
| Cash & bank | 54/58 | €312k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €665k |
| Equity | 10/15 | €225k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €163k |
| Amounts payable | 17/49 | €440k |
| Amounts payable within one year | 42/48 | €440k |
| Trade debts payable within one year | 44 | €82k |
| Income statement | ||
| Gross operating margin | 9900 | €662k |
| Operating result | 9901 | €170k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €28 |
| Result before taxes | 9903 | €185k |
| Income taxes | 67/77 | €50k |
| Net result for the period | 9904 | €135k |
| Result to be appropriated | 9905 | €135k |
| NACE primary | Retail trade(47221) |
| Legal form | Public limited company(014) |
| Incorporation | 27-12-1991 |
| Status | Active |
| Postal code | 2270 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11010B0611/00A000 | Flanders | 9,554 m² | 1 · 2,885 m² | - |
| 13012E0251/00K000 | Flanders | 2,956 m² | 1 · 477 m² | 9.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-12-2023 Change in the board of directors
Technical details
{
"events": [],
"notary": {
"name": "St\u00E9phane D\u2019Hollander",
"firm_city": null,
"firm_name": "Notaris St\u00E9phane D\u2019Hollander",
"office_city": "Herenthout",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-21",
"filing_date": "2023-12-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0446.140.018",
"name_full": "HERWEST",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Notaris St\u00E9phane D\u2019Hollander",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"een uitgifte van de akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | HERWEST |