HERMAN-ITY · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of HERMAN-ITY is 1.0% (low). The 2024 annual accounts show equity of €39k and a net result of €71k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 3174 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3174 sector peers (2024).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	03-07-2025	28 d early	2025-00234172
31-12-2023	31-07-2024	02-07-2024	29 d early	2024-00200646
31-12-2022	31-07-2023	30-06-2023	31 d early	2023-00187515
31-12-2021	31-07-2022	22-08-2022	22 d late	2022-20304393

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.0% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€71k+32.4%

Working capital€29k-78.3%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 03-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~49% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	16.1%	53.8%	better than 22% of 3174 sector peers
Net result	€71k	€18k	better than 86% of 3173 sector peers
Equity	€39k	€40k	better than 49% of 3176 sector peers
Gross operating margin	€96k	€36k	better than 82% of 3173 sector peers
Total assets	€240k	€93k	better than 80% of 3179 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P22

Weakening position over 2021-2024 · n=899-3174

Net result P86

Improving position over 2021-2024 · n=896-3173

Equity P49

Stable position over 2021-2024 · n=902-3176

Gross operating margin P82

Improving position over 2021-2024 · n=892-3173

Describes the position versus peers, not a forecast.

EBITDA

€96k

+26.5% 21-24

Net profit

€71k

+32.4% 21-24

Cash flow

€77k

+37.4% 21-24

Total assets

€240k

+42.0% 21-24

Equity

€39k

-73.8% 21-24

Working capital

€29k

-78.3% 21-24

Staff costs

€157

- 21-24

Income taxes

€19k

-2.5% 21-24

Dividends

€180k

- 21-24

Debt

€201k

+842.8% 21-24

Debt ≤ 1y

€201k

+859.2% 21-24

Current ratio

1.14

-84.5% 21-24

Quick ratio

1.14

-84.5% 21-24

Solvency

16.1%

-81.6% 21-24

Debt / equity

5.21

+3503.3% 21-24

ROE

183.5%

+406.2% 21-24

ROA

29.6%

-6.7% 21-24

Interest coverage

627.84

-13.2% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€96k
Net profit	€71k
Cash flow	€77k
Staff costs	-
Income taxes	€19k
Dividends	€180k
Total assets	€240k
Equity	€39k
Debt	€201k
of which ≤ 1y	€201k
of which > 1y	-
Working capital	€29k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.14
Quick ratio	1.14
Working capital ratio	12.1%
Solvency	16.1%
Debt / equity	5.21
Long-term debt ratio	-
Interest coverage	627.84
Gross margin	-
Net margin	-
ROA	29.6%
ROE	183.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €9k · 4.0% Current assets €231k · 96.0%

Equity & liabilities

Equity €39k · 16.1% Debt €201k · 83.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€240k
Fixed assets	21/28	€9k
Tangible fixed assets	22/27	€9k
Current assets	29/58	€231k
Amounts receivable within one year	40/41	€35k
Cash & bank	54/58	€196k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€240k
Equity	10/15	€39k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€36k
Amounts payable	17/49	€201k
Amounts payable within one year	42/48	€201k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€96k
Operating result	9901	€90k
Financial income	75	€374
Financial charges	65	€152
Result before taxes	9903	€90k
Income taxes	67/77	€19k
Net result for the period	9904	€71k
Result to be appropriated	9905	€71k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

73 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Rue Basse Voie(LAM) 1, 4210 Burdinne

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

since 20212.324.217.295

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area7,311 m²

Buildings2

Building footprint283 m²

Volume (LiDAR)1,750 m³

Tallest building14.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
92085B0206/00A002	Wallonia	4,692 m²	1 · 151 m²	14.0 m · 4 fl.
61033B0024/00F000	Wallonia	2,619 m²	1 · 132 m²	-

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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

Address history · 1

10-07-2024

Registered-office move

All acts · 1 updated 2 years ago

2024

10-07-2024 Registered office moved from Burdinne to Mazy Registered-office change

Rue Basse-Voie 1 4210 - Burdinne → 5032 Mazy, Rue de Marsannay la cote 5

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 73

Profitability 100

Solvency 25

Growth 78

Stability 94

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