Sandy Hereng
ActiveSandy Hereng has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €14k. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 16414 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-14
Solvency90▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.86 against 3.48 in 2024), but 55.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
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
44.8%
Return on assets
7.7%
Age of the figures
11 mo
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
on the day
2023
on the day
2022
23 d early
2021
19 d early
2020
on the day
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 20.7%
2024 · €69k
2018: €-8k
2019: €-6k
2020: €3k
2021: €24k
2022: €33k
2023: €36k
2024: €69k
2018 → 2025
Total assets
€187k▼ 2.7%
2024 · €192k
2018: €158k
2019: €172k
2020: €195k
2021: €165k
2022: €164k
2023: €154k
2024: €192k
2018 → 2025
Net result
€14k▼ 62.9%
2024 · €39k
2018: €-8k
2019: €2k
2020: €9k
2021: €21k
2022: €10k
2023: €2k
2024: €39k
2018 → 2025
Working capital
€82k▲ 21.9%
2024 · €67k
2018: €4k
2019: €4k
2020: €28k
2021: €9k
2022: €24k
2023: €30k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€33k▲ 42.0%€36k▲ 6.9%€69k▲ 94.1%€84k▲ 20.7%
Operating result€32k-€18k▼ 43.4%€9k▼ 51.0%€56k▲ 537%€22k▼ 61.0%
Net result€21k-€10k▼ 51.9%€2k▼ 76.7%€39k▲ 1,580%€14k▼ 62.9%
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 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€88k▼ 9.9%
Current assets
€99k▲ 4.7%
Equity and liabilities €187k
Equity
€84k▲ 20.7%
Debt
€103k▼ 15.9%
The debt ratio falls from 63.9% to 55.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€35k▼
2024 · €68k
Cash flow
€27k▼
2024 · €51k
Solvency
44.8%▲
2024 · 36.1%
Current ratio
5.86▲
2024 · 3.48
Quick ratio
5.86▲
2024 · 3.48
Debt / equity
1.23▼
2024 · 1.77
ROE
17.1%▼
2024 · 55.7%
ROA
7.7%▼
2024 · 20.1%
Interest coverage
8.63▼
2024 · 15.70
Debt
€103k▼
2024 · €123k
Debt ≤ 1 year
€17k▼
2024 · €27k
Debt > 1 year
€86k▼
2024 · €96k
Income taxes
€6k▼
2024 · €13k
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€192k€187k▼
Fixed assets21/28€98k€88k▼
Tangible fixed assets22/27€98k€88k▼
Land and buildings22€95k€84k▼
Plant, machinery and equipment23€1k€511▼
Furniture and vehicles24€2k€3k▲
Current assets29/58€94k€99k▲
Amounts receivable within one year40/41€84k€94k▲
Trade receivables40€17k€477▼
Other amounts receivable41€67k€93k▲
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€3k€746▼
Equity and liabilities
Total equity and liabilities10/49€192k€187k▼
Equity10/15€69k€84k▲
Contributions10/11€6k€6k=
Reserves13€63k€77k▲
Distributable reserves133€63k€77k▲
Amounts payable17/49€123k€103k▼
Amounts payable after more than one year17€96k€86k▼
Financial debts170/4€96k€86k▼
Amounts payable within one year42/48€27k€17k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€1k€212▼
Suppliers440/4€1k€212▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€11k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€70k€37k▼
Operating profit (loss)9901€56k€22k▼
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€51k€20k▼
Income taxes67/77€13k€6k▼
Profit (loss) for the period9904€39k€14k▼
Profit (loss) for the period to be appropriated9905€39k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€14k▼
Transfer from equity791/2€838-
Transfer to equity691/2€34k€14k▼
To other reserves6921€34k€14k▼
Profit to be distributed694/7€5k-
Directors or managers695€5k-
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
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €39k ▲1580%
Operating result €56k, net result €39k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vilvoorde · 1 establishment unit since 2013
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.
Oude Lindestraat 231800 VilvoordeGround area
170 m²
Building footprint
75 m²
Volume, LiDAR
569 m³
Parcel 23088A0084/00Z000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oude Lindestraat 23, 1800 Vilvoorde
since 20132.252.054.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23088A0084/00Z000 | Flanders | 170 m² | 1 · 75 m² | 11.5 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
Kine Janssens
BE 0545.824.938
Stekene · Eq €83k
Viebex
BE 1000.876.187
Zele · Eq €83k
INSTATERA
BE 0700.331.387
Hoogstraten · Eq €83k
Physio SEN
BE 0800.980.864
Londerzeel · Eq €84k
VANLESSEN
BE 1004.938.311
Tongeren-Borgloon · Eq €84k
Of 12,683 companies in sector 86951 we hold annual accounts for 2,135. 1,891 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2013
Fiscal year end30-09
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.