IMMO HERMIC
ActiveIMMO HERMIC has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €839k and a net result of €175k. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+5
Solvency84▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.34 in 2023; short-term debt: 32.8% and cash: 9.2% of total assets), and 41.2% 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 · 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
58.8%
Return on assets
12.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
7 d late
2022
on the day
2021
10 d late
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€839k▼ 2.7%
2023 · €862k
2018: €1.61M
2019: €1.67M
2020: €1.31M
2021: €926k
2022: €725k
2023: €862k
2018 → 2024
Total assets
€1.43M▼ 11.6%
2023 · €1.61M
2018: €4.86M
2019: €3.20M
2020: €2.52M
2021: €2.23M
2022: €1.82M
2023: €1.61M
2018 → 2024
Net result
€175k▲ 27.7%
2023 · €137k
2018: €199k
2019: €51k
2020: €61k
2021: €75k
2022: €154k
2023: €137k
2018 → 2024
Working capital
€-334k▼ 4.4%
2023 · €-320k
2018: €872k
2019: €805k
2020: €361k
2021: €-117k
2022: €-389k
2023: €-320k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.31M-€926k▼ 29.4%€725k▼ 21.7%€862k▲ 18.9%€839k▼ 2.7%
Operating result€108k-€117k▲ 8.7%€225k▲ 91.9%€204k▼ 9.6%€253k▲ 24.1%
Net result€61k-€75k▲ 22.7%€154k▲ 106%€137k▼ 10.9%€175k▲ 27.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.29M▼ 10.7%
Current assets
€133k▼ 19.5%
Equity and liabilities €1.43M
Equity
€839k▼ 2.7%
Debt
€588k▼ 21.8%
The debt ratio falls from 46.6% to 41.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€408k▲
2023 · €359k
Cash flow
€330k▲
2023 · €292k
Solvency
58.8%▲
2023 · 53.4%
Current ratio
0.28▼
2023 · 0.34
Quick ratio
0.28▼
2023 · 0.34
Debt / equity
0.70▼
2023 · 0.87
ROE
20.9%▲
2023 · 15.9%
ROA
12.3%▲
2023 · 8.5%
Interest coverage
21.69▲
2023 · 17.91
Debt
€588k▼
2023 · €751k
Debt ≤ 1 year
€468k▼
2023 · €486k
Debt > 1 year
€120k▼
2023 · €255k
Income taxes
€58k▲
2023 · €46k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€1.43M▼
Fixed assets21/28€1.45M€1.29M▼
Tangible fixed assets22/27€1.45M€1.29M▼
Land and buildings22€1.41M€1.26M▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€35k€29k▼
Financial fixed assets28€482€482=
Current assets29/58€165k€133k▼
Amounts receivable within one year40/41€37€2k▲
Other amounts receivable41€37€2k▲
Cash at bank and in hand54/58€165k€132k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.43M▼
Equity10/15€862k€839k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€69k€69k=
Uncalled capital101€7k€7k=
Reserves13€509k€311k▼
Non-distributable reserves130/1€122k€122k=
Legal reserve130€122k€122k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€369k€170k▼
Profit (loss) carried forward14€291k€467k▲
Amounts payable17/49€751k€588k▼
Amounts payable after more than one year17€255k€120k▼
Financial debts170/4€252k€117k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€486k€468k▼
Current portion of amounts payable after more than one year42€217k€135k▼
Trade debts44€624€1k▲
Suppliers440/4€624€1k▲
Taxes, remuneration and social security45€17k€1k▼
Taxes450/3€17k€1k▼
Other amounts payable47/48€251k€330k▲
Accrued charges and deferred income492/3€11k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155k€155k=
Other operating charges640/8€21k€5k▼
Gross operating margin9900€380k€412k▲
Operating profit (loss)9901€204k€253k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€20k€19k▼
Recurring financial charges65€20k€19k▼
Profit (loss) for the period before taxes9903€184k€234k▲
Income taxes67/77€46k€58k▲
Profit (loss) for the period9904€137k€175k▲
Profit (loss) for the period to be appropriated9905€137k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€291k€467k▲
Profit (loss) brought forward from the previous period14P€154k€291k▲
Transfer from equity791/2-€199k
Profit to be distributed694/7-€199k
Return on contributions (dividend)694-€199k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Weakest financial yearnet €51k ▼74.4%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.12
Current ratio from 1.49 to 3.12; short-term debt falls from €1.80M to €379k.
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Arendonk · 1 establishment unit since 1994
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.
Hoge Mauw 7002370 ArendonkGround area
4,550 m²
Building footprint
2,262 m²
Volume, LiDAR
16,103 m³
Parcel 13322C1760/00H000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO HERMIC NV
since 19942.065.697.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C1760/00H000 | Flanders | 4,550 m² | 1 · 2,262 m² | 9.2 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.
Similar companies · same sector, comparable size
IDEA
BE 0422.308.405
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YOUNG LINE FURNITURE
BE 0872.249.239
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ATELIER WYNANT
BE 0423.337.791
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Poldimar
BE 0463.705.332
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KURVE LICHTTECHNIEK WAASLAND
BE 0447.470.403
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Of 679 companies in sector 46494 we hold annual accounts for 530. 383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-02-1994
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
42990Civil engineering
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.