Result
-€12,862 -€12,862
From profit to loss in 2025, after a profit of €86,276 in 2024.
HERVAC
Lifetime
7 annual accounts with figures on one time axispeak €2.2m (2023)
€2.1m▲ 8.1%
lowest -€12,862 (2025)
-€12,862▼ €99,138
peak €975,279 (2024)
€962,417▼ 1.3%
€3.3m▼ 25.1%
peak 22 FTE (2025)
22 FTE▲ 13.4%
Board11 names since 2018
7 directors and 6 others
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Loss of €12,862Staff from 19.4 FTE to 22 FTEAppointment: . (statutory auditor) 24-01Debts from €4.4m to €3.3mCash from €216,653 to €595,403
Key points
from the 2025 annual accountsTurnover
≈ €3.6m estimated
The accounts state no turnover.
Debts
€3.3m 77% of the balance sheet
Financial debts 20%Suppliers 60%Taxes and wages 7%Other 13%
€789,558 of the debts are secured on the company's own assets. In 2022 that was €298,798.
Staff
24 employees on 31-12-2025
In 2025, 18 people joined and 15 left.
Filings
7 annual accounts 4 late
The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
-€12,862
Lower net result than 86% of companies in architecture and engineering. Sector median €26,976 · 2,564 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 748 companies had the same profile as HERVAC has now. Each dot stands for 2 companies, two years later.
96.7%
were still trading
1.9%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 748 companies, not a prediction for HERVAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director,
Director, since 23-08-2023
Manager
Manager
Director, since 23-08-2023
Auditor,
- 100%equity €368,397 (2025) · 2025 annual accounts of
- 33.77%score equity €263,230 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0696729917
Appointment: . (statutory auditor)
Gazette deed
6 directors appointed
, , , , and · Permanent representatives: and · “D’installation HVAC : chauffage, ventilation, climatisation, pompe à chaleur, froid industriel et…” (deed in French) · General meeting of 23-08-2023 · Gazette deed
2 managers appointed, 2 resignations
Appointments: (manager) and (manager) · Resignations: (manager) and (manager) · Permanent representatives: and · General meeting of 25-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HERVAC Somme-Leuze | €4.3m | €2.1m | 22.5% | 22 |
| Celestia Antwerp Antwerp | €3.9m | €2.0m | -76.1% | 16.6 |
| ECOFIX SOLUTIONS Puurs-Sint-Amands | €4.8m | €2.2m | 61.5% | 15.4 |
| QCIFY EUROPE Herentals | €4.1m | €2.8m | 44.1% | 18 |
| INOVEX Houffalize | €6.2m | €2.1m | 14.2% | 19.1 |
| VOXDALE Wijnegem | €3.4m | €2.1m | 7.8% | 20.8 |
| NOUST Lommel | €5.1m | €1.7m | 6.2% | 16.8 |
These companies have the same main activity as HERVAC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €3.4m and €6.2m, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 24-05-2018Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 5 others
- Establishment unit
- 2.276.121.4305377 Somme-Leuze, since 24-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 15-09-2025
Annual accounts 2025
- €4.3m▼ 20.9%
- Employeeson 31-12-2025
- 24▲ 14.3%
- Filing
- Filed on 31-08-2026
Insights on HERVAC
HERVAC files the abbreviated format. That format states no turnover. The gross margin rose from €1.7m in 2019 to €2.1m in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HERVAC
- What is the company number of HERVAC?
- The company number of HERVAC is 0696.729.917. The VAT number is the same number with BE in front: BE 0696.729.917.
- Where is HERVAC based?
- The registered office is at Zone d'activités Sud, Bail. 5, 5377 Somme-Leuze.Company details
- What does HERVAC do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of HERVAC?
- HERVAC is a private limited company (BV).
- When was HERVAC founded?
- HERVAC was founded on 24-05-2018.
- Is HERVAC still active?
- Yes, HERVAC is an active enterprise in the KBO register.
- How many employees does HERVAC have?
- HERVAC had an average of 22 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HERVAC?
- The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €2.1m and 1,585 comparable companies of the same size. It probably lies between €2.5m and €6.0m. It is a rough estimate. In financial year 2020 turnover was €6.5m.
- Is HERVAC profitable?
- In financial year 2025, HERVAC made a loss of €12,862.
- Where can I find the annual accounts of HERVAC?
- HERVAC filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HERVAC due?
- HERVAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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