ACTIVE

HERCOM

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Financial year 2025 · closed on 31/12/2025
Net result
27,6 k €
+387.5% YoY
Gross margin
54,6 k €
+37.4% YoY
Equity
388,7 k €
-11.8% YoY

What does HERCOM do?

HERCOM is a Public limited company incorporated in 1982. Its main activity is: Computer programming activities. Its registered office is in Jette.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0423.171.408
Incorporation
27/10/1982
Legal form
Public limited company
Registered office
Avenue Notre-Dame de Lourdes 15 box 12
1090 Jette · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222016201520142013201220112010200920082006
Income statement
Gross margin54,6 k €39,7 k €42,9 k €6 k €-68 €-2 k €1,7 k €6,8 k €5 k €3,6 k €-2,9 k €-4,1 k €11,7 k €-980 €
EBITDA53,8 k €25,5 k €42,2 k €-1,3 k €-416 €-2,4 k €1,3 k €6,4 k €4,6 k €3,2 k €-3,5 k €-4,5 k €11,1 k €-1,6 k €
Operating result41,4 k €13 k €29,7 k €-6,4 k €-879 €-2,9 k €833 €6 k €3,6 k €3 k €-3,7 k €-4,6 k €10,9 k €-2 k €
Net result27,6 k €5,7 k €21,5 k €196,3 k €-121 €-1,5 k €3,1 k €8,6 k €3,7 k €-43,3 k €-3,2 k €-4,3 k €6,6 k €-607 €
Balance sheet
Equity388,7 k €440,9 k €461,9 k €440,4 k €131,2 k €131,3 k €132,8 k €129,6 k €121 k €117,3 k €160,6 k €163,9 k €168,2 k €161,6 k €
Total assets506,1 k €472,8 k €465,7 k €460,1 k €132,1 k €132,8 k €132,8 k €129,6 k €121 k €120,1 k €161,6 k €165,2 k €170,4 k €163,4 k €
Cash424,7 k €391,9 k €367,2 k €336,7 k €43,6 k €23,7 k €22,1 k €3,8 k €14,9 k €8,7 k €18 k €16,4 k €23,1 k €33,2 k €
Debts117,4 k €31,9 k €3,8 k €19,7 k €903 €1,5 k €–––1,8 k €–336 €2,3 k €1 k €
Other
Workforce–0,0 ETP0,0 ETP–––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Dirk Herroelen

Managing director · since 31 janvier 2022 · until 02 septembre 2027

Active

Ended mandates

Dirk Herroelen

Managing director · since 31 janvier 2022 · until 30 juin 2028

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 02 septembre 2021

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 03 septembre 2021

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 31 janvier 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
A.G.P. CONSTRUCT● Active
0524.831.069
Association des copropriétaires de la Résidence "Aramis" situé à 1090 Jette avenue Notre Dame de Lourdes 15● Active
0844.214.754
HERROELEN INVEST● Active
0438.521.459
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/08/202101/08/202001/08/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/07/202131/07/2020
Length of the financial year12 months12 months12 months17 months12 months12 months
Filing date31/03/202613/03/202502/05/202412/06/202325/02/202222/12/2020
General meeting26/03/202628/02/202525/04/202419/05/202331/01/202222/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/03/202631/03/2026DutchPDF
Abridged model31/12/202428/02/202513/03/2025DutchPDF
Abridged model31/12/202325/04/202402/05/2024DutchPDF
Abridged model31/12/202219/05/202312/06/2023DutchPDF
Abridged model31/07/202131/01/202225/02/2022DutchPDF
Abridged model31/07/202022/10/202022/12/2020DutchPDF
Abridged model31/07/201928/10/201931/10/2019DutchPDF
Abridged model31/07/201806/09/201831/10/2018DutchPDF
Micro model31/07/201707/09/201706/12/2017DutchPDF
Abridged model31/07/201601/09/201628/10/2016DutchPDF
Abridged model31/07/201503/09/201504/11/2015DutchPDF
Abridged model31/07/201404/09/201431/10/2014DutchPDF
Abridged model31/07/201313/12/201319/12/2013DutchPDF
Abridged model31/07/201215/12/201231/12/2012DutchPDF
Abridged model31/07/201115/12/201130/12/2011DutchPDF
Abridged model31/07/201029/12/201029/12/2010DutchPDF
Abridged model31/07/200915/01/201011/02/2010DutchPDF
Abridged model31/07/200829/12/200814/01/2009DutchPDF
Abridged model31/12/200615/06/200721/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Dirk Herroelen

Managing director · since 31 janvier 2022 · until 02 septembre 2027

Active

Ended mandates

Dirk Herroelen

Managing director · since 31 janvier 2022 · until 30 juin 2028

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 02 septembre 2021

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 03 septembre 2021

Ended
Dirk Herroelen

Managing director · since 03 septembre 2015 · until 31 janvier 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates21/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/06/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/01/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/01/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202527,6 k €↑
  2. 2024
    Annual accounts 20245,7 k €↓
  3. 2023
    Annual accounts 202321,5 k €↓
  4. 2022
    Annual accounts 2022196,3 k €↑
  5. 2016
    Annual accounts 2016-121 €↑
  6. 2015
    Annual accounts 2015-1,5 k €↓
  7. 2014
    Annual accounts 20143,1 k €↓
  8. 2013
    Annual accounts 20138,6 k €↑
  9. 2012
    Annual accounts 20123,7 k €↑
  10. 2011
    Annual accounts 2011-43,3 k €↓
  11. 2010
    Annual accounts 2010-3,2 k €↑
  12. 2009
    Annual accounts 2009-4,3 k €↓
  13. 2008
    Annual accounts 20086,6 k €↑
  14. 2006
    Annual accounts 2006-607 €
  15. 27/10/1982
    IncorporationPublic limited company