IMMO HERBAFROST
ActiveIMMO HERBAFROST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.49M and a net result of €972k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+5
Solvency45▲+8
Growth66=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.01 in 2024; short-term debt: 16.5% and cash: 0.5% of total assets), and 79.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
20.2%
Return on assets
13.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
34 d early
2023
41 d early
2022
27 d early
2021
47 d early
2020
45 d early
2019
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€550k▲ 3.1%
2024 · €533k
2019: €472k
2020: €433k
2021: €436k
2022: €713k
2023: €497k
2024: €533k
2019 → 2025
EBIT margin
59.0%▲ 7.3pp
2024 · 51.7%
2019: 68.7%
2020: 63.8%
2021: 82.7%
2022: 96.0%
2023: 132.1%
2024: 51.7%
2019 → 2025
Net result
€972k▼ 5.2%
2024 · €1.03M
2019: €160k
2020: €182k
2021: €225k
2022: €4.64M
2023: €404k
2024: €1.03M
2019 → 2025
Working capital
€-1.19M▲ 44.8%
2024 · €-2.15M
2019: €-182k
2020: €-375k
2021: €-683k
2022: €-1.48M
2023: €-1.27M
2024: €-2.15M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€436k-€713k▲ 63.8%€497k▼ 30.4%€533k▲ 7.3%€550k▲ 3.1%
Equity€1.24M-€491k▼ 60.6%€495k▲ 0.8%€1.02M▲ 106%€1.49M▲ 46.2%
Operating result€360k-€685k▲ 90.1%€656k▼ 4.1%€276k▼ 58.0%€324k▲ 17.7%
Net result€225k-€4.64M▲ 1,958%€404k▼ 91.3%€1.03M▲ 154%€972k▼ 5.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.40M
Fixed assets
€7.37M▼ 12.5%
Current assets
€34k▲ 34.2%
Equity and liabilities €7.40M
Equity
€1.49M▲ 46.2%
Debt
€5.91M▼ 20.4%
The debt ratio falls from 87.9% to 79.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€447k▲
2024 · €433k
Cash flow
€1.09M▼
2024 · €1.18M
Solvency
20.2%▲
2024 · 12.1%
Current ratio
0.03▲
2024 · 0.01
Quick ratio
0.03▲
2024 · 0.01
Debt / equity
3.96▼
2024 · 7.27
ROE
65.1%▼
2024 · 100.5%
ROA
13.1%▲
2024 · 12.2%
Interest coverage
4.73▲
2024 · 4.05
Debt
€5.91M▼
2024 · €7.42M
Debt ≤ 1 year
€1.22M▼
2024 · €2.18M
Debt > 1 year
€4.66M▼
2024 · €5.21M
Income taxes
€57k▲
2024 · €42k
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€8.44M€7.40M▼
Fixed assets21/28€8.41M€7.37M▼
Tangible fixed assets22/27€2.20M€2.10M▼
Land and buildings22€2.20M€2.10M▼
Financial fixed assets28€6.22M€5.27M▼
Affiliated companies280/1€6.22M€5.27M▼
Participating interests280€1.82M€1.82M=
Amounts receivable281€4.40M€3.45M▼
Current assets29/58€26k€34k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€78€0▼
Other amounts receivable41€78€0▼
Cash at bank and in hand54/58€26k€34k▲
Equity and liabilities
Total equity and liabilities10/49€8.44M€7.40M▼
Equity10/15€1.02M€1.49M▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€40k€40k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Profit (loss) carried forward14€580k€1.05M▲
Amounts payable17/49€7.42M€5.91M▼
Amounts payable after more than one year17€5.21M€4.66M▼
Financial debts170/4€5.20M€4.51M▼
Credit institutions173€5.20M€4.51M▼
Other amounts payable178/9€12k€149k▲
Amounts payable within one year42/48€2.18M€1.22M▼
Current portion of amounts payable after more than one year42€688k€690k▲
Trade debts44€4k€9k▲
Suppliers440/4€4k€9k▲
Taxes, remuneration and social security45€14k€10k▼
Taxes450/3€14k€10k▼
Other amounts payable47/48€1.47M€514k▼
Accrued charges and deferred income492/3€29k€27k▼
Income statement
Code20242025
Operating income70/76A€533k€550k▲
Turnover70€533k€550k▲
Other operating income74€0-
Operating charges60/66A€258k€225k▼
Services and other goods61€42k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158k€122k▼
Other operating charges640/8€58k€59k▲
Operating profit (loss)9901€276k€324k▲
Financial income75/76B€900k€800k▼
Recurring financial income75€900k€800k▼
Income from financial fixed assets750€900k€800k▼
Financial charges65/66B€108k€95k▼
Recurring financial charges65€108k€95k▼
Debt charges650€107k€94k▼
Other financial charges652/9€724€682▼
Profit (loss) for the period before taxes9903€1.07M€1.03M▼
Income taxes67/77€42k€57k▲
Taxes670/3€42k€57k▲
Profit (loss) for the period9904€1.03M€972k▼
Profit (loss) for the period to be appropriated9905€1.03M€972k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.08M€1.55M▲
Profit (loss) brought forward from the previous period14P€55k€580k▲
Profit to be distributed694/7€500k€500k=
Return on contributions (dividend)694€500k€500k=
The notes to these accounts (48 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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Equity above €1MEq €1.02M ▲106%
6 profitable years in a row build equity to €1.02M.
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Highest result since 2019net €4.64M ▲1958%
Operating result €685k, net result €4.64M, both a record.
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Equity above €1MEq €1.02M ▲21.7%
2 profitable years in a row build equity to €1.02M.
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 5 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Hulshout · 1 establishment unit since 2000
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.
Industriepark 192235 HulshoutGround area
2.0 ha
Building footprint
3,992 m²
Volume, LiDAR
24,194 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industriepark 13, 2235 Hulshout
since 20002.096.403.095
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016B0001/00D007 | Flanders | 1.6 ha | 1 · 2,999 m² | 15.0 m · 2 fl. |
| 13016B0001/00C006 | Flanders | 3,517 m² | 1 · 992 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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G & J INVEST
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GPF1
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Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 3,866 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-01-2000
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.