GUY VAN HERZELE
ActiveSummary
GUY VAN HERZELE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €733k and a net result of €8k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-68
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 24.63 against 13.47 in 2024; short-term debt: 4% and cash: 1.1% of total assets), and 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
96%
Return on assets
1.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 d late
2024
5 d early
2023
8 d early
2022
6 d early
2021
7 d early
2020
2 d early
2019
86 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€733k▲ 1.1%
2024 · €725k
2018: €391k
2019: €464k
2020: €594k
2021: €557k
2022: €555k
2023: €603k
2024: €725k
2018 → 2025
Total assets
€764k▼ 1.5%
2024 · €776k
2018: €513k
2019: €582k
2020: €721k
2021: €678k
2022: €652k
2023: €660k
2024: €776k
2018 → 2025
Net result
€8k▼ 93.2%
2024 · €122k
2018: €43k
2019: €73k
2020: €130k
2021: €52k
2022: €-2k
2023: €48k
2024: €122k
2018 → 2025
Working capital
€725k▲ 14.9%
2024 · €631k
2018: €243k
2019: €314k
2020: €526k
2021: €456k
2022: €460k
2023: €513k
2024: €631k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€557k-€555k▼ 0.3%€603k▲ 8.6%€725k▲ 20.2%€733k▲ 1.1%
Operating result€64k-€51k▼ 20.8%€107k▲ 111%€83k▼ 22.9%€-6k
Net result€52k-€-2k€48k€122k▲ 155%€8k▼ 93.2%
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 turns negative in 2025: a loss of €6k after €83k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €764k
Fixed assets
€8k ▼ 91.6%
Current assets
€756k ▲ 10.9%
Equity and liabilities €764k
Equity
€733k ▲ 1.1%
Debt
€31k ▼ 39.4%
Debt's share of the balance-sheet total falls from 6.5% to 4.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €85k
Cash flow
€10k▼
2024 · €124k
Current ratio
24.63▲
2024 · 13.47
Debt to equity
0.04▼
2024 · 0.07
ROE
1.1%▼
2024 · 16.8%
ROA
1.1%▼
2024 · 15.7%
Interest coverage
-4.45▼
2024 · 231.46
Debt ≤ 1 year
€31k▼
2024 · €51k
Income taxes
€7k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€776k€764k▼
Fixed assets21/28€94k€8k▼
Tangible fixed assets22/27€94k€8k▼
Land and buildings22€88k-
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€4k€4k▼
Financial fixed assets28€30€30=
Current assets29/58€682k€756k▲
Amounts receivable within one year40/41€47k€43k▼
Trade receivables40€36k€32k▼
Other amounts receivable41€11k€11k▲
Current investments50/53€629k€704k▲
Cash at bank and in hand54/58€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€776k€764k▼
Equity10/15€725k€733k▲
Contributions10/11€20k€20k=
Reserves13€564k€573k▲
Tax-exempt reserves132€46k€46k=
Distributable reserves133€518k€526k▲
Profit (loss) carried forward14€141k€141k=
Amounts payable17/49€51k€31k▼
Amounts payable within one year42/48€51k€31k▼
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Other amounts payable47/48€42k€23k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€170€437▲
Non-recurring operating charges66A-€38k
Gross operating margin9900€85k€35k▼
Operating profit (loss)9901€83k€-6k▼
Financial income75/76B€76k€22k▼
Recurring financial income75€76k€22k▼
Financial charges65/66B€369€855▲
Recurring financial charges65€369€855▲
Profit (loss) for the period before taxes9903€159k€15k▼
Income taxes67/77€37k€7k▼
Profit (loss) for the period9904€122k€8k▼
Profit (loss) for the period to be appropriated9905€122k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€262k€149k▼
Profit (loss) brought forward from the previous period14P€140k€141k▲
Transfer to equity691/2€122k€8k▼
To other reserves6921€122k€8k▼
The notes to these accounts (8 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k ▼103%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €130k ▲79.1%
Operating result €175k, net result €130k, both a record.
31-12
Financial
Equity above €500kEq €594k ▲28.1%
3 profitable years in a row build equity to €594k.
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 86 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Aalst · 1 establishment unit since 2000
Ground area
6,174 m²
Building footprint
1,155 m²
Volume, LiDAR
7,916 m³
2 parcels, Flanders · tallest building 24.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eversberg 5, 9320 Aalst
since 20002.116.003.035
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B1234/00D000 | Flanders | 3,990 m² | 1 · 648 m² | 24.9 m |
| 41302C0163/00D000 | Flanders | 2,184 m² | 1 · 507 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.