Maison Herman
Open bankruptcyA bankruptcy procedure is open for Maison Herman according to publications in the Belgian State Gazette; curator: Catherine HERINCKX. The 2023 annual accounts show equity of €63k and a net result of €5k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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
not filed
2023
30 d late
2022
31 d late
2021
184 d late
2020
489 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€63k▲ 8.4%
2022 · €58k
2018: €47k
2019: €48k
2020: €48k
2021: €40k
2022: €58k
2018 → 2023
Total assets
€542k▲ 47.3%
2022 · €368k
2018: €164k
2019: €217k
2020: €362k
2021: €188k
2022: €368k
2018 → 2023
Net result
€5k▼ 71.9%
2022 · €17k
2018: €5k
2019: €1k
2020: €-374
2021: €-7k
2022: €17k
2018 → 2023
Working capital
€78k▲ 9.1%
2022 · €71k
2018: €61k
2019: €65k
2020: €59k
2021: €53k
2022: €71k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€48k-€48k▼ 0.8%€40k▼ 15.3%€58k▲ 42.7%€63k▲ 8.4%
Operating result€1k-€3k▲ 75.0%€-5k€22k€7k▼ 71.0%
Net result€1k-€-374€-7k▼ 1,854%€17k€5k▼ 71.9%
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 2023; 2023 is 71% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €542k
Fixed assets
€4k▼ 32.2%
Current assets
€539k▲ 48.4%
Equity and liabilities €542k
Equity
€63k▲ 8.4%
Debt
€480k▲ 54.5%
The debt ratio rises from 84.3% to 88.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2022 · €24k
Cash flow
€7k▼
2022 · €19k
Solvency
11.5%▼
2022 · 15.7%
Current ratio
1.17▼
2022 · 1.25
Quick ratio
0.96▼
2022 · 1.03
Debt / equity
7.66▲
2022 · 5.38
ROE
7.8%▼
2022 · 29.9%
ROA
0.9%▼
2022 · 4.7%
Interest coverage
4.95▲
2022 · 4.74
Debt
€480k▲
2022 · €310k
Debt ≤ 1 year
€461k▲
2022 · €291k
Debt > 1 year
€19k=
2022 · €19k
Staff costs
€43k▲
2022 · €3k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€368k€542k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€436€280▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€673€673=
Current assets29/58€363k€539k▲
Stocks and contracts in progress3€62k€96k▲
Stocks30/36€62k€96k▲
Amounts receivable within one year40/41€299k€439k▲
Trade receivables40€299k€439k▲
Other amounts receivable41-€117
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€254€266▲
Equity and liabilities
Total equity and liabilities10/49€368k€542k▲
Equity10/15€58k€63k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€36k€41k▲
Amounts payable17/49€310k€480k▲
Amounts payable after more than one year17€19k€19k=
Other amounts payable178/9€19k€19k=
Amounts payable within one year42/48€291k€461k▲
Trade debts44€206k€296k▲
Suppliers440/4€206k€296k▲
Advances received on contracts in progress46€20k€33k▲
Taxes, remuneration and social security45€12k€50k▲
Taxes450/3€10k€16k▲
Remuneration and social security454/9€1k€34k▲
Other amounts payable47/48€54k€83k▲
Income statement
Code20222023
Remuneration, social security and pensions62€3k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€3k€912▼
Gross operating margin9900€30k€53k▲
Operating profit (loss)9901€22k€7k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€17k€5k▼
Income taxes67/77€123-
Profit (loss) for the period9904€17k€5k▼
Profit (loss) for the period to be appropriated9905€17k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€41k▲
Profit (loss) brought forward from the previous period14P€18k€36k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
02-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MAISON HERMAN RUE JOSAPHAT 192-, 1030 Schaerbeek · event 25-11-2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 184 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 489 days late
2021
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 120 days late
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 113 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 1952
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.
Josaphatstraat 192-1941030 SchaarbeekGround area
770 m²
Building footprint
96 m²
Volume, LiDAR
1,142 m³
Parcel 21906D0133/00H014, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KITCHEN-PROJECT
since 19522.005.139.656
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0133/00H014 | Brussels | 770 m² | 1 · 96 m² | 16.8 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Catherine HERINCKX AVENUE DU CONGO 1,
1050 IXELLES |
25-11-2024 → present |
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
46471Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.