ACTIVE

HERMANS ETABLISSEMENTEN

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Financial year 2025 · Closed on 31/12/2025

Net result233,2 k €+4,9 %over 1 year
Revenue111,1 M €+1,7 %over 1 year
Equity4,6 M €+0,7 %over 1 year
Workforce112,8 ETP-1,9 %over 1 year

Identity

Source · BCE/KBO

HERMANS ETABLISSEMENTEN is a Public limited company incorporated in 1990. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Hasselt. It employs on average 112,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.224.690
Incorporation
29/06/1990
Legal form
Public limited company
Registered office
Voogdijstraat 25
3500 Hasselt · FlandreSee on map
Contributed capital
1 573 852,84 €
Latest accounts
31/12/2025
Average workforce
112,8 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 35 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue111,1 M €109,3 M €111 M €85,9 M €20,8 M €
EBITDA1,9 M €2,4 M €3,3 M €2,6 M €1,2 M €
Operating result1,5 M €2,2 M €2,9 M €1,9 M €458 k €
Net result233,2 k €222,4 k €962,4 k €1,1 M €306,3 k €
Balance sheet
Equity4,6 M €4,6 M €6,7 M €6,8 M €6 M €
Total assets18,6 M €25,4 M €26,6 M €22,4 M €11,2 M €
Cash385,5 k €317,8 k €2 M €3,3 M €715,8 k €
Debts13,7 M €20,1 M €19,5 M €15 M €5 M €
Other
Workforce112,8 ETP115,0 ETP113,1 ETP116,3 ETP122,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 26 ended

Active mandates

Antoine de Harlez de Deulin

Managing director · since 19 décembre 2023 · until 31 mai 2029

Active
SAAEM SA

Managing director · since 19 décembre 2023 · until 31 mai 2029

Represented by Benoît Catelin

Active

Ended mandates

Benoit Catelin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended
Benoit Catelin

Managing director · since 02 mars 2020 · until 31 mai 2027

Ended
Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended
Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 31 mai 2027

Ended

Other companies at this address

Voogdijstraat 25 3500 Hasselt
CompanyCBE no.
DEALERCLUB MERCEDES - BENZ● Active
0477.853.078
FEDERATION EUROPEENNE DES AMICALES DE CONCESSIONNAIRES MERCEDES-BENZ● Active
0455.968.492
LIMBURGSE VERHUURMAATSCHAPPIJ● Active
0432.872.396

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202611/06/202502/07/202411/07/202308/07/202206/07/2021
General meeting28/05/202629/05/202521/06/202429/06/202330/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 35 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/05/202616/06/2026DutchPDF
Full model31/12/202429/05/202511/06/2025DutchPDF
Full model31/12/202321/06/202402/07/2024DutchPDF
Full model31/12/202229/06/202311/07/2023DutchPDF
Full model31/12/202130/06/202208/07/2022DutchPDF
Full model31/12/202011/06/202106/07/2021DutchPDF
Full model31/12/201931/08/202015/10/2020DutchPDF
Full model31/12/201828/06/201925/07/2019DutchPDF
Full model31/12/201730/06/201817/07/2018DutchPDF
Full model31/12/201630/06/201711/07/2017DutchPDF
Full model31/12/201521/06/201608/07/2016DutchPDF
Full model31/12/201430/06/201510/07/2015DutchPDF
Full model31/12/201330/06/201410/07/2014DutchPDF
Full model31/12/201218/06/201328/06/2013DutchPDF
Full model31/12/201131/05/201224/07/2012DutchPDF
Full model31/12/201030/06/201119/07/2011DutchPDF
Full model31/12/200930/06/201001/07/2010DutchPDF
Full model31/12/200830/06/200917/07/2009DutchPDF
Full model31/12/200730/06/200815/07/2008DutchPDF
Full model31/12/200629/06/200706/08/2007DutchPDF
Full model31/12/200520/07/200601/08/2006DutchPDF
Full model31/12/200431/05/200523/06/2005DutchPDF
Full model31/12/200313/07/200429/07/2004DutchPDF
Full model31/12/200202/06/200330/06/2003DutchPDF

View all 35 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

2 active · 26 ended

Active mandates

Antoine de Harlez de Deulin

Managing director · since 19 décembre 2023 · until 31 mai 2029

Active
SAAEM SA

Managing director · since 19 décembre 2023 · until 31 mai 2029

Represented by Benoît Catelin

Active

Ended mandates

Benoit Catelin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended
Benoit Catelin

Managing director · since 02 mars 2020 · until 31 mai 2027

Ended
Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 19 décembre 2023

Ended
Jean-Bernard Maurin

Managing director · since 02 mars 2020 · until 31 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring25/11/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025233,2 k €↑
  2. 2024
    Annual accounts 2024222,4 k €↓
  3. 2023
    Annual accounts 2023962,4 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2022
    Name changeHERMANS
  6. 2021
    Annual accounts 2021306,3 k €↑
  7. 2021
    Name changeHERMANS ETABLISSEMENTEN
  8. 2020
    Annual accounts 20203,3 k €↑
  9. 2019
    Annual accounts 2019-230,1 k €↓
  10. 2018
    Annual accounts 2018204,7 k €↑
  11. 2017
    Annual accounts 201765,7 k €↓
  12. 2016
    Annual accounts 2016161,7 k €↑
  13. 2015
    Annual accounts 2015123,4 k €↓
  14. 2014
    Annual accounts 2014130,5 k €↑
  15. 2013
    Annual accounts 2013130,3 k €↓
  16. 2012
    Annual accounts 2012310,1 k €↑
  17. 2011
    Annual accounts 2011298,1 k €↓
  18. 2010
    Annual accounts 2010372,8 k €↑
  19. 2009
    Annual accounts 2009207,8 k €↓
  20. 2008
    Annual accounts 2008252,2 k €↓
  21. 2007
    Annual accounts 2007368,6 k €↑
  22. 2006
    Annual accounts 2006239,9 k €
  23. 29/06/1990
    IncorporationPublic limited company