HERTENBOERDERIJ BAERT
ActiveSummary
HERTENBOERDERIJ BAERT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €10k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+3
Solvency100▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 11.47 against 2.74 in 2024; short-term debt: 7.3% and cash: 56.2% of total assets), and 7.3% 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 01
Relative position
BE, all sectors
reference
Sector 01
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
92.7%
Return on assets
3.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 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
39 d late
2024
2 d early
2023
8 d early
2022
3 d early
2021
38 d early
2020
1 d early
2019
2 d early
← 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, abbreviated schema
Equity
€236k▲ 4.2%
2024 · €227k
2018: €171k
2019: €187k
2020: €194k
2021: €211k
2022: €230k
2023: €226k
2024: €227k
2018 → 2025
Total assets
€255k▼ 27.2%
2024 · €350k
2018: €326k
2019: €331k
2020: €331k
2021: €338k
2022: €372k
2023: €341k
2024: €350k
2018 → 2025
Net result
€10k▲ 257%
2024 · €3k
2018: €14k
2019: €19k
2020: €10k
2021: €20k
2022: €22k
2023: €-143
2024: €3k
2018 → 2025
Working capital
€195k▼ 8.9%
2024 · €214k
2018: €84k
2019: €114k
2020: €125k
2021: €157k
2022: €191k
2023: €201k
2024: €214k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€211k-€230k▲ 8.9%€226k▼ 1.5%€227k▲ 0.3%€236k▲ 4.2%
Operating result€16k-€24k▲ 43.3%€2k▼ 91.9%€-146€8k
Net result€20k-€22k▲ 10.1%€-143€3k€10k▲ 257%
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 returns to profit in 2025: €8k after a loss of €146 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€41k ▲ 234%
Current assets
€214k ▼ 36.6%
Equity and liabilities €255k
Equity
€236k ▲ 4.2%
Debt
€19k ▼ 84.9%
Debt's share of the balance-sheet total falls from 35.2% to 7.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €13k
Cash flow
€18k▲
2024 · €16k
Current ratio
11.47▲
2024 · 2.74
Quick ratio
9.80▲
2024 · 2.46
Debt to equity
0.08▼
2024 · 0.54
ROE
4.1%▲
2024 · 1.2%
ROA
3.8%▲
2024 · 0.8%
Interest coverage
80.06▲
2024 · 65.14
Debt ≤ 1 year
€19k▼
2024 · €123k
Income taxes
€4k▼
2024 · €5k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€350k€255k▼
Fixed assets21/28€12k€41k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€12k€41k▲
Land and buildings22€6k€3k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€0€34k▲
Current assets29/58€338k€214k▼
Stocks and contracts in progress3€35k€31k▼
Stocks30/36€35k€31k▼
Amounts receivable within one year40/41€3k€22k▲
Trade receivables40€3k€20k▲
Other amounts receivable41€4€2k▲
Current investments50/53€25k-
Cash at bank and in hand54/58€253k€143k▼
Deferred charges and accrued income490/1€22k€18k▼
Equity and liabilities
Total equity and liabilities10/49€350k€255k▼
Equity10/15€227k€236k▲
Contributions10/11€19k€19k=
Reserves13€51k€60k▲
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€29k€38k▲
Profit (loss) carried forward14€158k€158k=
Amounts payable17/49€123k€19k▼
Amounts payable within one year42/48€123k€19k▼
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€2k€6k▲
Remuneration and social security454/9€9k-
Other amounts payable47/48€101k€10k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€291-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€9k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€16k€20k▲
Operating profit (loss)9901€-146€8k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€206€210▲
Recurring financial charges65€206€210▲
Profit (loss) for the period before taxes9903€7k€14k▲
Transfer from deferred taxes780€388-
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€3k€10k▲
Profit (loss) for the period to be appropriated9905€3k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€167k▲
Profit (loss) brought forward from the previous period14P€155k€158k▲
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (6 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
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 39 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 11.47
Current ratio from 2.74 to 11.47; short-term debt falls from €123k to €19k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-143 ▼101%
Net result drops to €-143, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €22k ▲10.1%
Operating result €24k, net result €22k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €211k ▲8.6%
4 profitable years in a row build equity to €211k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-07
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
2 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, Diksmuide · 1 establishment unit since 1984
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.
Vladslostraat 218600 DiksmuideGround area
3,840 m²
Building footprint
149 m²
Volume, LiDAR
1,241 m³
Parcel 32024E0190/00W000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vladslostraat(BEE) 21, 8600 Diksmuide
since 19842.024.032.979
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32024E0190/00W000 | Flanders | 3,840 m² | 1 · 149 m² | 11.3 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 siteDiksmuide2.024.032.979
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GLD
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Of 20,588 companies in sector 01500 we hold annual accounts for 1,149. 937 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 (pre-2019)
Founded30-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.