ACTIVE

HERCO - HOLDING

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Financial year 2024 · closed on 31/12/2024

Net result

858,1 k €

+13.5% YoY

Gross margin

-2 k €

+39.0% YoY

Equity

12,9 M €

+7.2% YoY

What does HERCO - HOLDING do?

HERCO - HOLDING is a Public limited company incorporated in 1991. Its registered office is in Zutendaal.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.954.233

Incorporation

07/12/1991

Legal form

Public limited company

Registered office

Trichterweg 40
3690 Zutendaal · FlandreSee on map

Contributed capital

175 000,00 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-2 k €	+39.0%	-3,2 k €	-128%	-1,4 k €	-19.7%	-1,2 k €	-27.4%	-918,4 €	+30.9%	-1,3 k €	-41.9%	-936,5 €	-19.3%	-785,3 €	+28.3%	-1,1 k €	-7.5%	-1 k €	+36.5%	-1,6 k €	-11.1%	-1,4 k €	+17.3%	-1,7 k €	-5.2%	-1,7 k €	-8.7%	-1,5 k €	-40.5%	-1,1 k €	-120%	-493,5 €	+54.9%	-1,1 k €	+92.0%	-13,7 k €
EBITDA	-3,4 k €	+20.2%	-4,2 k €	-81.2%	-2,3 k €	-11.0%	-2,1 k €	-13.6%	-1,8 k €	+18.2%	-2,3 k €	-21.0%	-1,9 k €	-8.8%	-1,7 k €	+17.8%	-2,1 k €	-7.1%	-1,9 k €	+23.1%	-2,5 k €	-6.8%	-2,4 k €	+11.3%	-2,7 k €	-3.9%	-2,6 k €	-8.2%	-2,4 k €	-18.9%	-2 k €	-42.2%	-1,4 k €	+30.2%	-2 k €	+86.2%	-14,7 k €
Operating result	-3,4 k €	+20.2%	-4,2 k €	-81.2%	-2,3 k €	-11.0%	-2,1 k €	-13.6%	-1,8 k €	+18.2%	-2,3 k €	-21.0%	-1,9 k €	-8.8%	-1,7 k €	+17.8%	-2,1 k €	-7.1%	-1,9 k €	+23.1%	-2,5 k €	-6.8%	-2,4 k €	+11.3%	-2,7 k €	-3.9%	-2,6 k €	-8.2%	-2,4 k €	-18.9%	-2 k €	-42.2%	-1,4 k €	+30.2%	-2 k €	+86.2%	-14,7 k €
Net result	858,1 k €	+13.5%	756,4 k €	-2.2%	773,5 k €	+3.0%	751 k €	+118%	344,7 k €	-1.7%	350,7 k €	+53.6%	228,4 k €	+5.1%	217,2 k €	-21.6%	277,1 k €	-38.8%	453 k €	+39.8%	324 k €	-7.7%	350,9 k €	+0.9%	347,8 k €	-19.6%	432,3 k €	+855%	45,3 k €	-81.6%	246,4 k €	-34.0%	373,4 k €	+47.5%	253,1 k €	-6.6%	271 k €
Balance sheet
Equity	12,9 M €	+7.2%	12 M €	+6.7%	11,2 M €	+7.4%	10,5 M €	+7.7%	9,7 M €	+3.7%	9,4 M €	+3.9%	9 M €	+2.6%	8,8 M €	+2.5%	8,6 M €	+3.3%	8,3 M €	+5.8%	7,8 M €	+4.3%	7,5 M €	+4.9%	7,2 M €	+5.1%	6,8 M €	+6.8%	6,4 M €	+0.7%	6,3 M €	+4.0%	6,1 M €	+6.5%	5,7 M €	+4.6%	5,5 M €
Total assets	12,9 M €	+7.1%	12 M €	+6.6%	11,3 M €	+7.3%	10,5 M €	+7.8%	9,7 M €	+1.5%	9,6 M €	+3.8%	9,2 M €	+2.6%	9 M €	+2.5%	8,8 M €	+3.3%	8,5 M €	+5.2%	8,1 M €	+4.2%	7,8 M €	+4.7%	7,4 M €	+5.0%	7,1 M €	+6.4%	6,6 M €	+0.6%	6,6 M €	-6.9%	7,1 M €	+6.0%	6,7 M €	-4.5%	7 M €
Cash	1,4 M €	-42.0%	2,5 M €	+30.4%	1,9 M €	+36.1%	1,4 M €	+127%	610,8 k €	+33.6%	457,2 k €	+104%	223,6 k €	-73.2%	833,3 k €	+371%	177,1 k €	-65.3%	510,4 k €	+5.5%	483,7 k €	+88.5%	256,6 k €	+8.2%	237,1 k €	-5.7%	251,4 k €	+19874%	1,3 k €	-63.6%	3,5 k €	+102%	1,7 k €	-95.7%	39,9 k €	-40.4%	67 k €
Debts	14,2 k €	0.0%	14,2 k €	-41.5%	24,3 k €	+126%	10,8 k €		–		200 k €	-0.4%	200,9 k €	+0.4%	200 k €	0.0%	200 k €	0.0%	200 k €	-15.1%	235,6 k €	0.0%	235,6 k €	-0.2%	236,1 k €	+1.9%	231,6 k €	-2.7%	238 k €	+12.3%	212 k €	-77.3%	934 k €	-0.1%	935,2 k €	-38.5%	1,5 M €

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 31/12/2024 · 3 active · 17 ended

Active mandates

John Hermans

Director · since 07 mai 2021 · until 07 mai 2027

Active

Pieter Hermans

Managing director · since 07 mai 2021 · until 07 mai 2027

Active

Suzy Hermans

Director · since 07 mai 2021 · until 07 mai 2027

Active

Ended mandates

John Hermans

Director · since 04 mai 2015 · until 07 mai 2021

Ended

Pieter Hermans

Managing director · since 04 mai 2015 · until 07 mai 2021

Ended

Suzy Hermans

Director · since 04 mai 2015 · until 07 mai 2021

Ended

WOBO

Director · since 04 mai 2015 · until 07 mai 2021 · 0445.952.055

Represented by Pieter Hermans

Ended

At this address

Other companies at this address

Company	CBE no.
WOBO● Active	0445.952.055

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/09/2024	31/08/2023	29/09/2022	31/08/2021	27/10/2020
General meeting	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021	08/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	02/05/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	05/05/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	06/05/2022	29/09/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	27/10/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	05/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	11/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	30/10/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	30/08/2007	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 31/12/2024 · 3 active · 17 ended

Active mandates

John Hermans

Director · since 07 mai 2021 · until 07 mai 2027

Active

Pieter Hermans

Managing director · since 07 mai 2021 · until 07 mai 2027

Active

Suzy Hermans

Director · since 07 mai 2021 · until 07 mai 2027

Active

Ended mandates

John Hermans

Director · since 04 mai 2015 · until 07 mai 2021

Ended

Pieter Hermans

Managing director · since 04 mai 2015 · until 07 mai 2021

Ended

Suzy Hermans

Director · since 04 mai 2015 · until 07 mai 2021

Ended

WOBO

Director · since 04 mai 2015 · until 07 mai 2021 · 0445.952.055

Represented by Pieter Hermans

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/11/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2003
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

2024
Annual accounts 2024858,1 k €↑
2023
Annual accounts 2023756,4 k €↓
2022
Annual accounts 2022773,5 k €↑
2021
Annual accounts 2021751 k €↑
2020
Annual accounts 2020344,7 k €↓
2019
Annual accounts 2019350,7 k €↑
2018
Annual accounts 2018228,4 k €↑
2017
Annual accounts 2017217,2 k €↓
2016
Annual accounts 2016277,1 k €↓
2015
Annual accounts 2015453 k €↑
2014
Annual accounts 2014324 k €↓
2013
Annual accounts 2013350,9 k €↑
2012
Annual accounts 2012347,8 k €↓
2011
Annual accounts 2011432,3 k €↑
2010
Annual accounts 201045,3 k €↓
2009
Annual accounts 2009246,4 k €↓
2008
Annual accounts 2008373,4 k €↑
2007
Annual accounts 2007253,1 k €↓
2006
Annual accounts 2006271 k €
07/12/1991
IncorporationPublic 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

HERCO - HOLDING

Overview

What does HERCO - HOLDING do?

Trend over 19 financial years

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