HERMANS
ActiveSummary
The computed 12-month bankruptcy probability of HERMANS is 1.5% (moderate). The annual accounts of HERMANS for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €14k and a net result of €-29k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 37% of 13305 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency40▼-21
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.75 against 1.23 in 2024; short-term debt: 66.2% and cash: 2.7% of total assets), and 84.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-31.8%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
45 d early
2023
12 d early
2022
19 d early
2021
30 d late
2020
27 d late
2019
77 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
Turnover
€323k
EBIT margin
4.1%
Net result
€-29k
2024 · €12k
2018: €7k
2019: €-6k
2020: €3k
2021: €30k
2022: €7k
2023: €-19k
2024: €12k
2018 → 2025
Working capital
€-15k
2024 · €12k
2018: €-4k
2019: €-7k
2020: €-7k
2021: €25k
2022: €34k
2023: €-2k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€51k▲ 14.8%€32k▼ 37.7%€43k▲ 35.6%€14k▼ 67.5%
Operating result€38k-€13k▼ 65.0%€-13k€21k€-25k
Net result€30k-€7k▼ 75.6%€-19k€12k€-29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€46k ▼ 13.4%
Current assets
€45k ▼ 30.4%
Equity and liabilities €92k
Equity
€14k ▼ 67.5%
Debt
€77k ▲ 2.9%
Debt's share of the balance-sheet total rises from 63.6% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €40k
Cash flow
€-9k▼
2024 · €31k
Current ratio
0.75▼
2024 · 1.23
Quick ratio
0.06▼
2024 · 0.48
Debt to equity
5.52▲
2024 · 1.75
ROE
-207.4%▼
2024 · 28.3%
ROA
-31.8%▼
2024 · 10.3%
Interest coverage
-1.27▼
2024 · 9.45
Debt ≤ 1 year
€61k▲
2024 · €53k
Debt > 1 year
€17k▼
2024 · €22k
Income taxes
€237▼
2024 · €5k
Staff costs
€137k▲
2024 · €110k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€118k€92k▼
Fixed assets21/28€53k€46k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€53k€46k▼
Plant, machinery and equipment23€9k€16k▲
Furniture and vehicles24€37k€25k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€600€600=
Current assets29/58€65k€45k▼
Stocks and contracts in progress3€39k€42k▲
Stocks30/36€39k€42k▲
Amounts receivable within one year40/41€2k-
Trade receivables40€697-
Other amounts receivable41€979-
Cash at bank and in hand54/58€23k€3k▼
Deferred charges and accrued income490/1€898€939▲
Equity and liabilities
Total equity and liabilities10/49€118k€92k▼
Equity10/15€43k€14k▼
Contributions10/11€6k€6k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€127€-29k▼
Amounts payable17/49€75k€77k▲
Amounts payable after more than one year17€22k€17k▼
Financial debts170/4€22k€17k▼
Amounts payable within one year42/48€53k€61k▲
Current portion of amounts payable after more than one year42€10k€12k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€17k€21k▲
Suppliers440/4€17k€21k▲
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€12k€15k▲
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€66€67▲
Income statement
Code20242025
Non-recurring operating income76A€7k€8k▲
Remuneration, social security and pensions62€110k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€156k€137k▼
Operating profit (loss)9901€21k€-25k▼
Financial income75/76B€69€93▲
Recurring financial income75€69€93▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€17k€-29k▼
Income taxes67/77€5k€237▼
Profit (loss) for the period9904€12k€-29k▼
Profit (loss) for the period to be appropriated9905€12k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€986€-29k▼
Profit (loss) brought forward from the previous period14P€-11k€127▲
Profit to be distributed694/7€859-
Return on contributions (dividend)694€859-
The notes to these accounts (9 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-29k ▼339%
Net result drops to €-29k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €30k ▲781%
Operating result €38k, net result €30k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leopoldsburg · 1 establishment unit since 2015
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.
Nicolaylaan 293970 LeopoldsburgGround area
131 m²
Building footprint
130 m²
Volume, LiDAR
951 m³
Parcel 71034A0924/00A000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eetcafé De Tunnel
since 20152.243.719.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0924/00A000 | Flanders | 131 m² | 1 · 130 m² | 11.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeopoldsburg2.243.719.965
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,000 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
Founded19-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.