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HERBALGEM

Active
Public limited companyfounded 1986active for 40 yearsPlace des Chasseurs Ardennais S/N, 6690 Vielsalm, BelgiumKBO/BCE: BE 0428.484.929
Summary

HERBALGEM has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €4.7m. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 33% of 557 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130Manufacture of chemicals and chemical products NACE 20590
2nd oldest company in Vielsalm, Agriculture, forestry and fishing sector1 site
Size
€10.8mturnover 2025
Staff
13.3 FTE
Equity
€2.3m
Profit
€4.7m
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
PRANAROM INTERNATIONAL · 100%
Holdings
1
Auditor: EY Réviseurs d'Entreprises SRLAccounts 36 days early4 of 22 deeds read
Why 93raises riskLiquidity: current ratio 1.35, cash €450,484lowers riskProfit of €4.7m (financial year 2025)Sector: Crop and animal production, hunting and related service activities (NACE 01)Founded in 1986Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 01, small)
Financial strength · tick = 2024
Strong
Solvency 54+1
equity 28.7% of total assets
Liquidity 19+3
short-term debt 70.7% · cash 5.6%
Profitability 100=
return on assets 59.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (902 companies, NACE 01, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.35, compared with 1.3 in 2024, below the usual 1.5; short-term debt: 70.7% and cash: 5.6% of total assets), and 71.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small): better than 35% on solvency, 10% on liquidity, 98% on profitability and 49% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.35, cash €450,484
NBB · annual accounts
lowers risk · Profit of €4.7m (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
38 days early
2023
37 days early
2022
115 days early
2021
44 days early
2020
39 days early
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: EY Réviseurs d'entreprises SRL (statutory…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Christine Le Flecher (director)Permanent representatives: Stéphanie Gheysens and…

Key points

  • Positive: Among the best 5% on net resultsector median €61,567 · 556 companies €4.7m View
  • Positive: 8 profitable years in a rowprofit 2025: €4.7m 8 years View
  • Controlled by PRANAROM INTERNATIONALultimately: INULA NATURAL HEALTH SAS 100% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

By topic

Financials

Financial year
2025
Turnover
€10.8m
Profit
€4.7m
Solvency
28.7%
Turnover▲ 8.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
PRANAROM INTERNATIONAL · 100%
Auditor
EY Réviseurs d'Entreprises SRL
  • LE FLECHER Christine AnneManaging director
  • INULADirector
  • INULA HOLDINGDirector
Go to Board & ownership

Network & group

Group
INULA NATURAL HEALTH SAS
Subsidiaries
1
Connected companies
2

1 subsidiary

Go to Network & group

Timeline

Events
45
Since
1987
Next accounts
by 31-07-2027
  1. 07-07-2025Permanent representatives: Patricia Tranvouez, Stéphane Mathieu and…
  2. 23-06-2025Annual accounts filed
  3. 24-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
06-02-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
38
Who signs
Two directors jointly
Purpose
“La société a pour objet 1a récolte de plantes, le développement, la fabrication, et la…” (deed in French)
Go to Articles of association

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