VAN HERCK IJZERWAREN
ActiveSummary
VAN HERCK IJZERWAREN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €662k and a net result of €99k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 27% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▼-15
Solvency49▼-48
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.04 against 5.81 in 2023; short-term debt: 16.6% and cash: 2.7% of total assets), but 76.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
50 d early
2022
48 d early
2021
37 d early
2020
50 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€662k▼ 57.6%
2023 · €1.56M
2018: €1.60M
2019: €1.88M▲ +17.0% vs 2018
2020: €2.18M▲ +15.9% vs 2019
2021: €2.41M▲ +10.9% vs 2020
2022: €2.79M▲ +15.4% vs 2021highest in 7 years
2023: €1.56M▼ -43.9% vs 2022
2024: €662k▼ -57.6% vs 2023lowest in 7 years
2018 → 2024
Total assets
€2.80M▲ 29.2%
2023 · €2.17M
2018: €1.89Mlowest in 7 years
2019: €2.98M▲ +57.2% vs 2018
2020: €3.14M▲ +5.4% vs 2019
2021: €3.28M▲ +4.6% vs 2020
2022: €3.54M▲ +8.1% vs 2021highest in 7 years
2023: €2.17M▼ -38.8% vs 2022
2024: €2.80M▲ +29.2% vs 2023
2018 → 2024
Net result
€99k▼ 69.8%
2023 · €327k
2018: €232k
2019: €273k▲ +17.7% vs 2018
2020: €299k▲ +9.4% vs 2019
2021: €238k▼ -20.5% vs 2020
2022: €372k▲ +56.4% vs 2021highest in 7 years
2023: €327k▼ -12.1% vs 2022
2024: €99k▼ -69.8% vs 2023lowest in 7 years
2018 → 2024
Working capital
€949k▲ 10.2%
2023 · €862k
2018: €1.27M
2019: €1.40M▲ +10.0% vs 2018
2020: €1.59M▲ +13.5% vs 2019
2021: €1.78M▲ +12.1% vs 2020
2022: €2.08M▲ +17.1% vs 2021highest in 7 years
2023: €862k▼ -58.6% vs 2022lowest in 7 years
2024: €949k▲ +10.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.18M-€2.41M▲ 10.9%€2.79M▲ 15.4%€1.56M▼ 43.9%€662k▼ 57.6%
2020: €2.18M
2021: €2.41M▲ +10.9% vs 2020
2022: €2.79M▲ +15.4% vs 2021highest in 5 years
2023: €1.56M▼ -43.9% vs 2022
2024: €662k▼ -57.6% vs 2023lowest in 5 years
Operating result€391k-€308k▼ 21.1%€486k▲ 57.7%€499k▲ 2.7%€106k▼ 78.8%
2020: €391k
2021: €308k▼ -21.1% vs 2020
2022: €486k▲ +57.7% vs 2021
2023: €499k▲ +2.7% vs 2022highest in 5 years
2024: €106k▼ -78.8% vs 2023lowest in 5 years
Net result€299k-€238k▼ 20.5%€372k▲ 56.4%€327k▼ 12.1%€99k▼ 69.8%
2020: €299k
2021: €238k▼ -20.5% vs 2020
2022: €372k▲ +56.4% vs 2021highest in 5 years
2023: €327k▼ -12.1% vs 2022
2024: €99k▼ -69.8% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.80M
Fixed assets
€1.39M ▲ 22.9%
Current assets
€1.42M ▲ 36.0%
Equity and liabilities €2.80M
Equity
€662k ▼ 57.6%
Provisions
€0 ▼ 100%
Debt
€2.14M ▲ 269%
Debt's share of the balance-sheet total rises from 26.7% to 76.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€208k▼
2023 · €597k
Cash flow
€201k▼
2023 · €425k
Current ratio
3.04▼
2023 · 5.81
Quick ratio
2.25▼
2023 · 3.75
Debt to equity
3.23▲
2023 · 0.37
ROE
14.9%▼
2023 · 20.9%
ROA
3.5%▼
2023 · 15.1%
Interest coverage
11.04▼
2023 · 35.53
Debt ≤ 1 year
€466k▲
2023 · €179k
Debt > 1 year
€1.67M▲
2023 · €400k
Income taxes
€26k▼
2023 · €179k
Staff costs
€107k▲
2023 · €80k
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 · 2024 against 2023 · 66 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.17M€2.80M▲
Fixed assets21/28€1.13M€1.39M▲
Tangible fixed assets22/27€1.12M€1.38M▲
Land and buildings22€1.03M€963k▼
Plant, machinery and equipment23€20k€360k▲
Furniture and vehicles24€67k€45k▼
Other tangible fixed assets26-€10k
Financial fixed assets28€10k€9k▼
Current assets29/58€1.04M€1.42M▲
Stocks and contracts in progress3€369k€369k▲
Stocks30/36€369k€369k▲
Amounts receivable within one year40/41€159k€968k▲
Trade receivables40€159k€226k▲
Other amounts receivable41-€742k
Current investments50/53€26k-
Cash at bank and in hand54/58€486k€75k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.80M▲
Equity10/15€1.56M€662k▼
Contributions10/11€206k€206k=
Reserves13€1.03M€456k▼
Tax-exempt reserves132-€68k
Distributable reserves133€1.03M€389k▼
Profit (loss) carried forward14€327k€0▼
Provisions and deferred taxes16€26k-
Provisions for liabilities and charges160/5€26k-
Environmental obligations163€26k-
Amounts payable17/49€579k€2.14M▲
Amounts payable after more than one year17€400k€1.67M▲
Financial debts170/4€400k€1.27M▲
Trade debts175-€399k
Amounts payable within one year42/48€179k€466k▲
Current portion of amounts payable after more than one year42€100k€150k▲
Financial debts43€30k-
Credit institutions430/8€30k-
Trade debts44€13k€22k▲
Suppliers440/4€13k€22k▲
Advances received on contracts in progress46-€30k
Taxes, remuneration and social security45€36k€264k▲
Taxes450/3€19k€244k▲
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48-€50
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Non-recurring operating income76A€25k-
Remuneration, social security and pensions62€80k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€102k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€4k€-26k▼
Other operating charges640/8€10k€16k▲
Non-recurring operating charges66A€115€948▲
Gross operating margin9900€691k€306k▼
Operating profit (loss)9901€499k€106k▼
Financial income75/76B€23k€37k▲
Recurring financial income75€23k€37k▲
Financial charges65/66B€17k€19k▲
Recurring financial charges65€17k€19k▲
Profit (loss) for the period before taxes9903€505k€124k▼
Income taxes67/77€179k€26k▼
Profit (loss) for the period9904€327k€99k▼
Profit (loss) for the period to be appropriated9905€327k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€327k€99k▼
Transfer from equity791/2-€1.00M
Transfer to equity691/2-€99k
To other reserves6921-€99k
Profit to be distributed694/7-€1.00M
Return on contributions (dividend)694-€1.00M
Social balance
Average headcount (FTE)90872.22.2=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €46k | €35k | €25k | - | - |
| Remuneration, social security and pensions62 | - | €75k | €61k | €80k | €107k | ▲ 33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80k | €86k | €91k | €98k | €102k | ▲ 4.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €22k | €4k | €-26k | ▼ 738% |
| Other operating charges640/8 | - | €11k | €9k | €10k | €16k | ▲ 64.0% |
| Non-recurring operating charges66A | - | €2k | €866 | €115 | €948 | ▲ 728% |
| Gross operating margin9900 | €574k | €481k | €670k | €691k | €306k | ▼ 55.8% |
| Operating profit (loss)9901 | €391k | €308k | €486k | €499k | €106k | ▼ 78.8% |
| Financial income75/76B | - | €37k | €25k | €23k | €37k | ▲ 65.1% |
| Recurring financial income75 | €36k | €37k | €25k | €23k | €37k | ▲ 65.1% |
| Financial charges65/66B | - | €16k | €18k | €17k | €19k | ▲ 12.0% |
| Recurring financial charges65 | €17k | €16k | €18k | €17k | €19k | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €410k | €329k | €493k | €505k | €124k | ▼ 75.4% |
| Income taxes67/77 | €111k | €91k | €122k | €179k | €26k | ▼ 85.6% |
| Profit (loss) for the period9904 | €299k | €238k | €372k | €327k | €99k | ▼ 69.8% |
| Profit (loss) for the period to be appropriated9905 | €374k | €238k | €372k | €327k | €99k | ▼ 69.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.14M | €3.28M | €3.54M | €2.17M | €2.80M | ▲ 29.2% |
| Fixed assets21/28 | €1.29M | €1.24M | €1.23M | €1.13M | €1.39M | ▲ 22.9% |
| Tangible fixed assets22/27 | €1.28M | €1.23M | €1.22M | €1.12M | €1.38M | ▲ 23.2% |
| Land and buildings22 | - | €1.17M | €1.10M | €1.03M | €963k | ▼ 6.7% |
| Plant, machinery and equipment23 | - | €31k | €25k | €20k | €360k | ▲ 1,732% |
| Furniture and vehicles24 | - | €26k | €89k | €67k | €45k | ▼ 32.0% |
| Other tangible fixed assets26 | - | - | - | - | €10k | - |
| Financial fixed assets28 | €9k | €10k | €11k | €10k | €9k | ▼ 8.7% |
| Current assets29/58 | €1.84M | €2.04M | €2.32M | €1.04M | €1.42M | ▲ 36.0% |
| Stocks and contracts in progress3 | €329k | €343k | €362k | €369k | €369k | ▲ 0.1% |
| Stocks30/36 | - | €343k | €362k | €369k | €369k | ▲ 0.1% |
| Amounts receivable within one year40/41 | €247k | €171k | €185k | €159k | €968k | ▲ 507% |
| Trade receivables40 | - | €171k | €185k | €159k | €226k | ▲ 41.9% |
| Other amounts receivable41 | - | - | - | - | €742k | - |
| Current investments50/53 | €318k | €593k | €713k | €26k | - | - |
| Cash at bank and in hand54/58 | €950k | €935k | €1.06M | €486k | €75k | ▼ 84.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €3k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.14M | €3.28M | €3.54M | €2.17M | €2.80M | ▲ 29.2% |
| Equity10/15 | €2.18M | €2.41M | €2.79M | €1.56M | €662k | ▼ 57.6% |
| Contributions10/11 | - | €414k | €414k | €206k | €206k | = |
| Reserves13 | €1.76M | €2.00M | €2.37M | €1.03M | €456k | ▼ 55.7% |
| Tax-exempt reserves132 | - | - | - | - | €68k | - |
| Distributable reserves133 | - | €2.00M | €2.37M | €1.03M | €389k | ▼ 62.3% |
| Profit (loss) carried forward14 | - | - | - | €327k | €0 | ▼ 100% |
| Provisions and deferred taxes16 | - | - | €22k | €26k | - | - |
| Provisions for liabilities and charges160/5 | - | - | €22k | €26k | - | - |
| Environmental obligations163 | - | - | €22k | €26k | - | - |
| Amounts payable17/49 | €959k | €865k | €736k | €579k | €2.14M | ▲ 269% |
| Amounts payable after more than one year17 | €700k | €600k | €500k | €400k | €1.67M | ▲ 318% |
| Financial debts170/4 | - | €600k | €500k | €400k | €1.27M | ▲ 218% |
| Trade debts175 | - | - | - | - | €399k | - |
| Amounts payable within one year42/48 | €259k | €265k | €236k | €179k | €466k | ▲ 160% |
| Current portion of amounts payable after more than one year42 | - | €100k | €100k | €100k | €150k | ▲ 50.0% |
| Financial debts43 | - | €23k | €23k | €30k | - | - |
| Credit institutions430/8 | - | €23k | €23k | €30k | - | - |
| Trade debts44 | €38k | €28k | €12k | €13k | €22k | ▲ 69.5% |
| Suppliers440/4 | - | €28k | €12k | €13k | €22k | ▲ 69.5% |
| Advances received on contracts in progress46 | - | - | - | - | €30k | - |
| Taxes, remuneration and social security45 | - | €90k | €79k | €36k | €264k | ▲ 641% |
| Taxes450/3 | - | €82k | €73k | €19k | €244k | ▲ 1,201% |
| Remuneration and social security454/9 | - | €8k | €6k | €17k | €19k | ▲ 14.8% |
| Other amounts payable47/48 | - | €23k | €22k | - | €50 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €299k | €238k | €372k | €327k | €99k | ▼ 69.8% |
| + Depreciation and write-downs630 | €80k | €86k | €91k | €98k | €102k | ▲ 4.3% |
| Operating cash flow (approximation) | €379k | €323k | €463k | €425k | €201k | ▼ 52.7% |
| Investment in fixed assets (approximation) | - | €-31k | €-81k | €728 | €-360k | ▼ 49,609% |
| Change in cash | - | €-15k | €122k | €-571k | €-411k | ▲ 28.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €99k ▼69.8%
Net result drops to €99k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €372k ▲56.4%
Net result €372k, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.18M ▲15.9%
3 profitable years in a row build equity to €2.18M.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Pelt · 1 establishment unit since 2008
Ground area
5,112 m²
Building footprint
2,299 m²
Volume, LiDAR
19 m³
Parcel 72033B1122/00A000, Flanders · tallest building 1.7 m. Linked by address, not a title deed.
1 establishment unit
VAN HERCK IJZERWAREN
since 20082.173.262.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B1122/00A000 | Flanders | 5,112 m² | 1 · 2,299 m² | 1.7 m |
Linked by address, not proof of ownership
Good to know
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 sitePelt2.173.262.333
Legal Entity Identifier
894500SUE3HT7QX08K89
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Of 472 companies in sector 46842 we hold annual accounts for 345. 262 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46842Wholesale trade
47525Retail trade
46421Wholesale trade
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
46839Wholesale trade
46841Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.