Herwynaert
ActiveHerwynaert has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €326k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.93 in 2024; short-term debt: 81.8% and cash: 50.3% of total assets), and 95% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5%
Return on assets
78.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 31540 sector peers (2025).
NBB · sector comparisonPosition among 31540 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
10 d early
2023
1 d early
2022
6 d early
2021
3 d early
2020
12 d early
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 1.3%
2024 · €21k
2018: €149k
2019: €117k
2020: €21k
2021: €22k
2022: €25k
2023: €24k
2024: €21k
2018 → 2025
Total assets
€416k▲ 35.1%
2024 · €308k
2018: €179k
2019: €134k
2020: €172k
2021: €266k
2022: €319k
2023: €259k
2024: €308k
2018 → 2025
Net result
€326k▼ 41.0%
2024 · €552k
2018: €57k
2019: €62k
2020: €119k
2021: €201k
2022: €283k
2023: €189k
2024: €552k
2018 → 2025
Working capital
€-4k▲ 75.4%
2024 · €-15k
2018: €128k
2019: €105k
2020: €13k
2021: €17k
2022: €11k
2023: €6k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€25k▲ 15.7%€24k▼ 5.5%€21k▼ 11.3%€21k▼ 1.3%
Operating result€270k-€379k▲ 40.7%€254k▼ 33.1%€526k▲ 107%€405k▼ 23.0%
Net result€201k-€283k▲ 41.1%€189k▼ 33.5%€552k▲ 193%€326k▼ 41.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €416k
Fixed assets
€79k▼ 28.8%
Current assets
€336k▲ 71.5%
Equity and liabilities €416k
Equity
€21k▼ 1.3%
Debt
€395k▲ 37.8%
The debt ratio rises from 93.1% to 95.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€427k▼
2024 · €537k
Cash flow
€347k▼
2024 · €563k
Solvency
5.0%▼
2024 · 6.9%
Current ratio
0.99▲
2024 · 0.93
Quick ratio
0.99▲
2024 · 0.93
Debt / equity
18.93▲
2024 · 13.56
ROA
78.4%▼
2024 · 179.6%
Interest coverage
70.73▼
2024 · 157.40
Debt
€395k▲
2024 · €286k
Debt ≤ 1 year
€340k▲
2024 · €211k
Debt > 1 year
€55k▼
2024 · €74k
Income taxes
€103k▼
2024 · €134k
A ratio outside any meaningful range has been withheld (balance sheet total €416k, equity €21k).
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€308k€416k▲
Fixed assets21/28€112k€79k▼
Tangible fixed assets22/27€95k€74k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€93k€72k▼
Financial fixed assets28€17k€5k▼
Current assets29/58€196k€336k▲
Amounts receivable within one year40/41€11k€125k▲
Other amounts receivable41€11k€125k▲
Cash at bank and in hand54/58€183k€209k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€308k€416k▲
Equity10/15€21k€21k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€668€397▼
Amounts payable17/49€286k€395k▲
Amounts payable after more than one year17€74k€55k▼
Financial debts170/4€74k€55k▼
Amounts payable within one year42/48€211k€340k▲
Current portion of amounts payable after more than one year42€19k€20k▲
Financial debts43€16k€16k▲
Credit institutions430/8€16k€16k▲
Trade debts44€827€2k▲
Suppliers440/4€827€2k▲
Taxes, remuneration and social security45€13k€16k▲
Taxes450/3€13k€16k▲
Other amounts payable47/48€163k€286k▲
Accrued charges and deferred income492/3€1k€67▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€22k▲
Other operating charges640/8€645€590▼
Gross operating margin9900€537k€428k▼
Operating profit (loss)9901€526k€405k▼
Financial income75/76B€163k€30k▼
Recurring financial income75€163k€30k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€686k€429k▼
Income taxes67/77€134k€103k▼
Profit (loss) for the period9904€552k€326k▼
Profit (loss) for the period to be appropriated9905€552k€326k▼
Appropriation of the result
Profit (loss) to be appropriated9906€556k€326k▼
Profit (loss) brought forward from the previous period14P€3k€668▼
Profit to be distributed694/7€555k€326k▼
Return on contributions (dividend)694€555k€326k▼
The notes to these accounts (10 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
06-08
State Gazette act
General meeting · Director resignation
Director discharge · Statutes amendment
04-08
State Gazette act
General meeting · Share issue
Director resignation · Director discharge · Nathalie HAERDEN
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €552k ▲193%
Operating result €526k, net result €552k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Geel · 1 establishment unit since 2015
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.
Scherpendries 102440 GeelGround area
862 m²
Building footprint
80 m²
Volume, LiDAR
681 m³
Parcel 13008H0144/00X000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Herwynaert BVBA
since 20152.247.384.981
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0144/00X000 | Flanders | 862 m² | 1 · 80 m² | 10.7 m · 3 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.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 30,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.