ACTIVE

HERK&RED

Financial year 2025 · Closed on 31/12/2025

Net result499,9 k €-36,4 %over 1 year

Revenue1,7 M €+6,3 %over 1 year

Equity22,4 M €-1,3 %over 1 year

Identity

Source · BCE/KBO

HERK&RED is a Public limited company incorporated in 1987. Its main activity is: Maintenance and repair of motor vehicles. Its registered office is in Hasselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0432.874.079
Incorporation: 16/12/1987
Legal form: Public limited company
Registered office: Herkenrodesingel 4B
3500 Hasselt · FlandreSee on map
Contributed capital: 2 096 732,20 €
Latest accounts: 31/12/2025

Activities (NACE)

45212Maintenance and repair of motor vehicles· main 68100Buying and selling of own real estate 68110Buying and selling of own real estate 41001Construction of buildings 41201Construction of residential and non-residential buildings 43120Site preparation+7

Joint committees (3)

10602
124
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,7 M €	+6.3%	1,6 M €	+6.4%	1,5 M €	+24.6%	1,2 M €	+2.1%	1,2 M €
EBITDA	1,1 M €	-20.4%	1,4 M €	+8.4%	1,3 M €	+23.7%	1 M €	-73.7%	3,9 M €
Operating result	131,8 k €	-72.1%	473,1 k €	-20.6%	595,6 k €	+58.8%	375,1 k €	-88.4%	3,2 M €
Net result	499,9 k €	-36.4%	786,6 k €	-22.4%	1 M €	+113%	475,1 k €	-85.9%	3,4 M €
Balance sheet
Equity	22,4 M €	-1.3%	22,7 M €	-0.1%	22,7 M €	+20.0%	18,9 M €	-5.1%	19,9 M €
Total assets	28,4 M €	-2.5%	29,1 M €	+2.5%	28,4 M €	+10.1%	25,8 M €	-2.2%	26,4 M €
Cash	676,4 k €	-64.8%	1,9 M €	+129%	840,1 k €	-78.1%	3,8 M €	+88.2%	2 M €
Debts	5,3 M €	-6.9%	5,7 M €	+14.7%	5 M €	-18.7%	6,1 M €	+7.7%	5,7 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Juunooh1002.554.188Represented by Rob Houben	Director31/05/2024 → 31/05/2030
TDEVELOPMENT0774.835.802Represented by Thibaud Demot	Director31/05/2024 → 31/05/2030
Philip Demot	Director26/05/2006 → 28/05/2027
CYGA0842.191.117Represented by Michel Demot	Director27/05/2020 → 12/06/2026
SARKRI0476.540.016Represented by Kristof Houben	Director27/05/2020 → 12/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Danielle Demot	Director26/05/2021 → 2023 accounts
TIGA-R0476.540.214Represented by Rudy Houben	Director27/05/2020 → 2023 accounts

Other companies at this address

Herkenrodesingel 4B 3500 Hasselt

Company	CBE no.
BONNEFANT● Active	0566.922.339
CIRIL● Active	0440.712.768
Craeyenhof● Active	0404.941.643
Craeyenhof Properties● Active	0677.932.802
DAM 71● Active	0643.904.806
DEBUILD● Active	0749.717.552
DEMCOR● Active	0473.012.085
Dem GroupVAT● Active	0715.490.311
DEMOCO● Active	0440.712.867
DEMOCO GROUP● Active	0479.223.847
DOK DEVELOPMENT● Active	0444.355.515
D-Watt● Active	1002.715.031
EZELDIJK DEVELOPMENT● Active	0848.067.634
Hart van Hamme● Active	0713.699.868
Herkenrode Development● Active	0652.781.195
NETESTAD IMMO● Active	0794.720.109
SION NETEZICHT● Active	0844.696.586
Souverain 280● Active	1042.795.035
TERRA● Active	0879.600.057
THV CASINO FURNIBO DEMOCO● Active	0768.818.634

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	05/06/2025	11/07/2024	07/07/2023	13/06/2022	15/06/2021
General meeting	12/06/2026	30/05/2025	11/07/2024	30/06/2023	25/05/2022	26/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	05/06/2025	Dutch	PDF
Full model	31/12/2023	11/07/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	15/06/2021	Dutch	PDF
Full model	31/12/2019	27/05/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	19/06/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	25/05/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	19/06/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	06/06/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	20/06/2013	Dutch	PDF
Full model	31/12/2011	30/05/2012	19/06/2012	Dutch	PDF
Full model	31/12/2010	25/05/2011	15/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	07/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	12/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	22/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Juunooh1002.554.188Represented by Rob Houben	Director31/05/2024 → 31/05/2030
TDEVELOPMENT0774.835.802Represented by Thibaud Demot	Director31/05/2024 → 31/05/2030
Philip Demot	Director26/05/2006 → 28/05/2027
CYGA0842.191.117Represented by Michel Demot	Director27/05/2020 → 12/06/2026
SARKRI0476.540.016Represented by Kristof Houben	Director27/05/2020 → 12/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Danielle Demot	Director26/05/2021 → 2023 accounts
TIGA-R0476.540.214Represented by Rudy Houben	Director27/05/2020 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/09/2026
Herbenoeming bestuurder
PDF
Mandates29/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other13/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2020
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

TDEVELOPMENT

Juunooh

Philip Demot

SARKRI

CYGA

Danielle Demot

TIGA-R

Michel DEMOT

Ronny HOUBEN

Rudy HOUBEN

DEMOCO GROUP

19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

HERK&REDDECONSTRUCT

Herkenrodesingel 4 bte b, 3500 Hasselt

Director

DirectorManaging directorChairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Herkenrodesingel 4B, 3500 HasseltCurrent		CBE
Herkenrodesingel 4 bte b, 3500 Hasselt	accounts 2021 → 2025	Accounts 2025 · 2026-00258148

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HERK&REDCurrent	accounts 2019 → 2025	Accounts 2025 · 2026-00258148
DECONSTRUCT	accounts 2006 → 2017	Accounts 2017 · 2018-24800600

Events

2025
Annual accounts 2025499,9 k €↓
2024
Annual accounts 2024786,6 k €↓
2023
Annual accounts 20231 M €↑
2022
Annual accounts 2022475,1 k €↓
2021
Annual accounts 20213,4 M €↑
2020
Annual accounts 2020613,6 k €↑
2019
Annual accounts 2019318,5 k €↑
2019
Name changeHERK&RED
2017
Annual accounts 2017102,1 k €↑
2016
Annual accounts 201692,1 k €↓
2015
Annual accounts 2015144,8 k €↑
2014
Annual accounts 20145 k €↓
2013
Annual accounts 201380,9 k €↑
2012
Annual accounts 2012-122 k €↓
2011
Annual accounts 2011-90,8 k €↑
2010
Annual accounts 2010-363,9 k €↓
2009
Annual accounts 2009-93,8 k €↓
2008
Annual accounts 2008270,5 k €↑
2007
Annual accounts 200752,6 k €↑
2006
Annual accounts 2006-117,1 k €
16/12/1987
IncorporationPublic limited company

HERK&RED

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events