VAN HERCK IJZERWAREN
ActiveVAN HERCK IJZERWAREN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €662k and a net result of €99k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 27% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-15
Solvency49▼-48
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.04 against 5.81 in 2023; short-term debt: 16.6% and cash: 2.7% of total assets), but 76.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
50 d early
2022
48 d early
2021
37 d early
2020
50 d early
2019
50 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€662k▼ 57.6%
2023 · €1.56M
2018: €1.60M
2019: €1.88M
2020: €2.18M
2021: €2.41M
2022: €2.79M
2023: €1.56M
2018 → 2024
Total assets
€2.80M▲ 29.2%
2023 · €2.17M
2018: €1.89M
2019: €2.98M
2020: €3.14M
2021: €3.28M
2022: €3.54M
2023: €2.17M
2018 → 2024
Net result
€99k▼ 69.8%
2023 · €327k
2018: €232k
2019: €273k
2020: €299k
2021: €238k
2022: €372k
2023: €327k
2018 → 2024
Working capital
€949k▲ 10.2%
2023 · €862k
2018: €1.27M
2019: €1.40M
2020: €1.59M
2021: €1.78M
2022: €2.08M
2023: €862k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.18M-€2.41M▲ 10.9%€2.79M▲ 15.4%€1.56M▼ 43.9%€662k▼ 57.6%
Operating result€391k-€308k▼ 21.1%€486k▲ 57.7%€499k▲ 2.7%€106k▼ 78.8%
Net result€299k-€238k▼ 20.5%€372k▲ 56.4%€327k▼ 12.1%€99k▼ 69.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.80M
Fixed assets
€1.39M▲ 22.9%
Current assets
€1.42M▲ 36.0%
Equity and liabilities €2.80M
Equity
€662k▼ 57.6%
Provisions
€0▼ 100%
Debt
€2.14M▲ 269%
The debt ratio rises from 26.7% to 76.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€208k▼
2023 · €597k
Cash flow
€201k▼
2023 · €425k
Solvency
23.6%▼
2023 · 72.1%
Current ratio
3.04▼
2023 · 5.81
Quick ratio
2.25▼
2023 · 3.75
Debt / equity
3.23▲
2023 · 0.37
ROE
14.9%▼
2023 · 20.9%
ROA
3.5%▼
2023 · 15.1%
Interest coverage
11.04▼
2023 · 35.53
Debt
€2.14M▲
2023 · €579k
Debt ≤ 1 year
€466k▲
2023 · €179k
Debt > 1 year
€1.67M▲
2023 · €400k
Income taxes
€26k▼
2023 · €179k
Staff costs
€107k▲
2023 · €80k
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€2.17M€2.80M▲
Fixed assets21/28€1.13M€1.39M▲
Tangible fixed assets22/27€1.12M€1.38M▲
Land and buildings22€1.03M€963k▼
Plant, machinery and equipment23€20k€360k▲
Furniture and vehicles24€67k€45k▼
Other tangible fixed assets26-€10k
Financial fixed assets28€10k€9k▼
Current assets29/58€1.04M€1.42M▲
Stocks and contracts in progress3€369k€369k▲
Stocks30/36€369k€369k▲
Amounts receivable within one year40/41€159k€968k▲
Trade receivables40€159k€226k▲
Other amounts receivable41-€742k
Current investments50/53€26k-
Cash at bank and in hand54/58€486k€75k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.80M▲
Equity10/15€1.56M€662k▼
Contributions10/11€206k€206k=
Reserves13€1.03M€456k▼
Tax-exempt reserves132-€68k
Distributable reserves133€1.03M€389k▼
Profit (loss) carried forward14€327k€0▼
Provisions and deferred taxes16€26k-
Provisions for liabilities and charges160/5€26k-
Environmental obligations163€26k-
Amounts payable17/49€579k€2.14M▲
Amounts payable after more than one year17€400k€1.67M▲
Financial debts170/4€400k€1.27M▲
Trade debts175-€399k
Amounts payable within one year42/48€179k€466k▲
Current portion of amounts payable after more than one year42€100k€150k▲
Financial debts43€30k-
Credit institutions430/8€30k-
Trade debts44€13k€22k▲
Suppliers440/4€13k€22k▲
Advances received on contracts in progress46-€30k
Taxes, remuneration and social security45€36k€264k▲
Taxes450/3€19k€244k▲
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48-€50
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Non-recurring operating income76A€25k-
Remuneration, social security and pensions62€80k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€102k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€4k€-26k▼
Other operating charges640/8€10k€16k▲
Non-recurring operating charges66A€115€948▲
Gross operating margin9900€691k€306k▼
Operating profit (loss)9901€499k€106k▼
Financial income75/76B€23k€37k▲
Recurring financial income75€23k€37k▲
Financial charges65/66B€17k€19k▲
Recurring financial charges65€17k€19k▲
Profit (loss) for the period before taxes9903€505k€124k▼
Income taxes67/77€179k€26k▼
Profit (loss) for the period9904€327k€99k▼
Profit (loss) for the period to be appropriated9905€327k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€327k€99k▼
Transfer from equity791/2-€1.00M
Transfer to equity691/2-€99k
To other reserves6921-€99k
Profit to be distributed694/7-€1.00M
Return on contributions (dividend)694-€1.00M
Social balance
Average headcount (FTE)90872.22.2=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €99k ▼69.8%
Net result drops to €99k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €372k ▲56.4%
Net result €372k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.18M ▲15.9%
3 profitable years in a row build equity to €2.18M.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Pelt · 1 establishment unit since 2008
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.
Heikesveld(SHL) 23910 PeltGround area
5,112 m²
Building footprint
2,299 m²
Volume, LiDAR
19 m³
Parcel 72033B1122/00A000, Flanders · tallest building 1.7 m. Linked by address, not a title deed.
1 establishment unit
VAN HERCK IJZERWAREN
since 20082.173.262.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B1122/00A000 | Flanders | 5,112 m² | 1 · 2,299 m² | 1.7 m |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePelt2.173.262.333
Legal Entity Identifier
894500SUE3HT7QX08K89
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Of 473 companies in sector 46842 we hold annual accounts for 346. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2008
Fiscal year end31-12
Activities, NACEBEL
46842Wholesale trade
47525Retail trade
46421Wholesale trade
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
46839Wholesale trade
46841Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.