ACTIVE

HERDI

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Financial year 2025 · closed on 31/12/2025

Net result

233 k €

-70.3% YoY

Gross margin

3,8 M €

-21.6% YoY

Equity

5,5 M €

+7.0% YoY

Workforce

38,2 ETP

+17.5% YoY

What does HERDI do?

HERDI is a Private limited company incorporated in 1991. Its main activity is: Growing of rice. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 38,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.853.084

Incorporation

09/08/1991

Legal form

Private limited company

Registered office

Blauwe Hoevestraat 17
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

256 197,33 €

Latest accounts

31/12/2025

Average workforce

38,2 ETP

Activities (NACE)

01121Growing of rice· main 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 51310Air transport 35110Production of electricity 35110Production of electricity+2

Joint committees (4)

145
1450
200
218

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	3,8 M €	-21.6%	4,9 M €		–		5,7 M €	+5.8%	5,4 M €	+41.9%	3,8 M €	+7.5%	3,5 M €	-1.9%	3,6 M €	+13.8%	3,2 M €	-22.2%	4,1 M €	+173%	1,5 M €	+5.2%	1,4 M €	-7.9%	1,5 M €	+2123%	69,3 k €	-86.7%	520,5 k €	+27.9%	406,9 k €	-26.7%	554,9 k €	-0.3%	556,6 k €	+48.3%	375,2 k €
EBITDA	2,2 M €	-38.0%	3,5 M €	+49.5%	2,3 M €	-48.1%	4,5 M €	+5.3%	4,3 M €	+62.6%	2,6 M €	+6.2%	2,5 M €	-3.0%	2,5 M €	+14.2%	2,2 M €	-27.6%	3,1 M €	+178%	1,1 M €	+6.5%	1 M €	-18.4%	1,3 M €	+3813%	-34,2 k €	-108%	435,4 k €	+39.5%	312,1 k €	-34.4%	475,6 k €	-4.9%	499,9 k €	+47.6%	338,8 k €
Operating result	309 k €	-70.2%	1 M €	+746%	-160,5 k €	-108%	2 M €	+18.8%	1,7 M €	+9227%	-18,7 k €	-105%	383,5 k €	-16.8%	461 k €	+46.4%	314,9 k €	-50.6%	637,2 k €	+164%	241 k €	-32.5%	356,9 k €	-37.2%	568 k €	+234%	-424,9 k €	-373%	155,7 k €	+37.3%	113,4 k €	-59.6%	280,6 k €	-17.0%	338,3 k €	+67.6%	201,9 k €
Net result	233 k €	-70.3%	784,5 k €	+410%	-253,3 k €	-117%	1,5 M €	+1.6%	1,5 M €	+1484%	-108,8 k €	-141%	262,5 k €	-17.4%	317,6 k €	+53.9%	206,4 k €	-24.1%	271,9 k €	+144%	111,3 k €	-63.0%	300,9 k €	-17.4%	364,2 k €	+178%	-464,1 k €	-513%	112,3 k €	+56.2%	71,9 k €	-61.3%	186 k €	-22.4%	239,6 k €	+82.2%	131,5 k €
Balance sheet
Equity	5,5 M €	+7.0%	5,2 M €	+18.6%	4,3 M €	-9.0%	4,8 M €	+21.9%	3,9 M €	+59.2%	2,5 M €	-6.9%	2,6 M €	+7.7%	2,5 M €	+11.0%	2,2 M €	+24.2%	1,8 M €	+34.3%	1,3 M €	+5.8%	1,3 M €	+81.6%	690,4 k €	+112%	326,1 k €	-58.7%	790,3 k €	+16.6%	678 k €	+11.9%	606,1 k €	+44.3%	420,1 k €	+133%	180,5 k €
Total assets	13,5 M €	+16.9%	11,5 M €	+8.1%	10,7 M €	-22.8%	13,8 M €	+20.3%	11,5 M €	+1.3%	11,3 M €	-13.6%	13,1 M €	+16.8%	11,2 M €	-9.3%	12,4 M €	+28.1%	9,7 M €	+51.5%	6,4 M €	-11.3%	7,2 M €	-7.4%	7,8 M €	-1.6%	7,9 M €	+212%	2,5 M €	+0.5%	2,5 M €	+3.2%	2,4 M €	+7.1%	2,3 M €	+11.8%	2 M €
Cash	888,9 k €	-51.2%	1,8 M €	-19.5%	2,3 M €	+24.8%	1,8 M €	+176%	656,4 k €	+61.5%	406,4 k €	+75.5%	231,5 k €	-36.4%	363,8 k €	+8.3%	335,8 k €	-28.3%	468,2 k €	+49.0%	314,3 k €	-16.3%	375,7 k €	+346%	84,2 k €	+15.8%	72,7 k €	-59.2%	178,1 k €	-64.6%	502,5 k €	+36.5%	368,1 k €	-11.3%	415 k €	+54.0%	269,5 k €
Debts	7,9 M €	+24.8%	6,4 M €	+0.9%	6,3 M €	-30.1%	9 M €	+19.4%	7,6 M €	-14.8%	8,9 M €	-15.2%	10,5 M €	+19.3%	8,8 M €	-13.7%	10,2 M €	+28.9%	7,9 M €	+56.0%	5,1 M €	-14.9%	5,9 M €	-16.1%	7,1 M €	+2.5%	6,9 M €	+296%	1,7 M €	-5.1%	1,8 M €	+0.1%	1,8 M €	-1.3%	1,9 M €	+1.9%	1,8 M €
Other
Workforce	38,2 ETP	+17.5%	32,5 ETP	+20.4%	27,0 ETP	-29.1%	38,1 ETP	+26.2%	30,2 ETP	-25.4%	40,5 ETP	+14.7%	35,3 ETP	+3.2%	34,2 ETP	+23.0%	27,8 ETP	+47.1%	18,9 ETP	+85.3%	10,2 ETP	-41.4%	17,4 ETP	+58.2%	11,0 ETP	+233%	3,3 ETP	+17.9%	2,8 ETP	-9.7%	3,1 ETP	+72.2%	1,8 ETP	+5.9%	1,7 ETP	-5.6%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Bart DE LANGHE

Director

Active

Ellen Paelinck

Director

Active

Ended mandates

Herman De Langhe

Director · since 29 juillet 2015

Ended

Herman De Langhe

Manager · since 29 juillet 2015

Ended

Denise Troubleyn

Manager · since 01 septembre 2010

Ended

Ellen Paelinck

Director · since 01 juillet 2010

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Abridged model	Abridged model	Abridged 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	23/07/2026	08/10/2025	22/07/2024	17/07/2023	30/06/2022	01/07/2021
General meeting	26/06/2026	26/09/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	23/07/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	26/09/2025	08/10/2025	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	22/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/03/2015	15/07/2015	24/07/2015	Dutch	PDF
Abridged model	31/03/2014	05/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	13/09/2013	03/10/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	26/10/2012	Dutch	PDF
Abridged model	31/03/2011	26/08/2011	08/09/2011	Dutch	PDF
Abridged model	31/03/2010	27/08/2010	15/09/2010	Dutch	PDF
Abridged model	31/03/2009	28/08/2009	29/09/2009	Dutch	PDF
Abridged model	31/03/2008	29/09/2008	27/10/2008	Dutch	PDF
Abridged model	31/03/2007	31/08/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 7 ended

Active mandates

Bart DE LANGHE

Director

Active

Ellen Paelinck

Director

Active

Ended mandates

Herman De Langhe

Director · since 29 juillet 2015

Ended

Herman De Langhe

Manager · since 29 juillet 2015

Ended

Denise Troubleyn

Manager · since 01 septembre 2010

Ended

Ellen Paelinck

Director · since 01 juillet 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other16/03/2016
BOEKJAAR
PDF
Other12/01/2016
DIVERSEN
PDF
Mandates12/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2015
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025233 k €↓
2024
Annual accounts 2024784,5 k €↑
2023
Annual accounts 2023-253,3 k €↓
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020-108,8 k €↓
2019
Annual accounts 2019262,5 k €↓
2018
Annual accounts 2018317,6 k €↑
2017
Annual accounts 2017206,4 k €↓
2016
Annual accounts 2016271,9 k €↑
2015
Annual accounts 2015111,3 k €↓
2014
Annual accounts 2014300,9 k €↓
2013
Annual accounts 2013364,2 k €↑
2012
Annual accounts 2012-464,1 k €↓
2011
Annual accounts 2011112,3 k €↑
2010
Annual accounts 201071,9 k €↓
2009
Annual accounts 2009186 k €↓
2008
Annual accounts 2008239,6 k €↑
2007
Annual accounts 2007131,5 k €
09/08/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HERDI

Overview

What does HERDI do?

Trend over 19 financial years

Indicative valuation

Board of directors

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