ACTIVE

Hermeias

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Financial year 2024 · closed on 31/12/2024

Net result

31,3 k €

-94.3% YoY

Gross margin

548,3 k €

+0.8% YoY

Equity

16,6 M €

-2.6% YoY

Workforce

4,0 ETP

-13.0% YoY

What does Hermeias do?

Hermeias is a Public limited company incorporated in 1994. Its registered office is in Nazareth-De Pinte. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.494.013

Incorporation

08/04/1994

Legal form

Public limited company

Registered office

Kunstschildersweg 5A
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

11 975 000,00 €

Latest accounts

31/12/2024

Average workforce

4,0 ETP

Joint committees (4)

100
218
30200
32300

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	548,3 k €	+0.8%	543,9 k €	+53.1%	355,3 k €	-51.4%	731,4 k €	+37.2%	533,1 k €	-28.8%	748,8 k €	+428%	141,9 k €	-71.3%	494,0 k €	+187%	172,2 k €	+220%	53,8 k €	-87.9%	444,9 k €	-24.8%	591,6 k €	+21.6%	486,3 k €	-8.1%	528,9 k €	+14.4%	462,4 k €	+18.0%	391,8 k €	+92.5%	203,6 k €	-58.6%	491,9 k €
EBITDA	336,2 k €	+20.1%	279,8 k €	+76.7%	158,3 k €	-74.2%	613,3 k €	+43.0%	428,8 k €	-34.9%	658,3 k €	+4327%	-15,6 k €	-104%	370,5 k €	+366%	79,4 k €	+255%	-51,4 k €	-120%	251,7 k €	-31.5%	367,8 k €	+16.2%	316,5 k €	-9.0%	348,0 k €	+23.0%	282,9 k €	+17.3%	241,2 k €	+275%	64,3 k €	-82.0%	356,3 k €
Operating result	12,8 k €	-94.4%	230,0 k €	+103%	113,1 k €	-80.3%	574,5 k €	+44.7%	396,9 k €	-36.0%	620,5 k €	+1067%	-64,1 k €	-124%	264,4 k €	+6716%	3,9 k €	+103%	-126,3 k €	+13.9%	-146,6 k €	-151%	287,2 k €	+37.6%	208,7 k €	-23.3%	272,1 k €	+18.1%	230,4 k €	+22.2%	188,5 k €	+1236%	14,1 k €	-92.5%	187,3 k €
Net result	31,3 k €	-94.3%	549,8 k €	+688%	69,8 k €	+218%	-58,9 k €	-119%	309,7 k €	-16.3%	370,1 k €	+285%	-200,1 k €	-139%	515,1 k €	+1361%	35,3 k €	-86.4%	259,4 k €	+151%	103,5 k €	-85.9%	733,6 k €	+84.6%	397,3 k €	-6.0%	422,9 k €	+96.7%	215,0 k €	+4.7%	205,2 k €	-37.7%	329,2 k €	+144%	135,0 k €
Balance sheet
Equity	16,6 M €	-2.6%	17,1 M €	+3.3%	16,5 M €	+0.4%	16,4 M €	-0.4%	16,5 M €	+5.0%	15,7 M €	+2.4%	15,3 M €	-1.3%	15,5 M €	+3.4%	15,0 M €	+0.2%	15,0 M €	+1.8%	14,7 M €	+203%	4,9 M €	+17.8%	4,1 M €	+10.7%	3,7 M €	+12.8%	3,3 M €	+7.0%	3,1 M €	+7.1%	2,9 M €	+12.9%	2,6 M €
Total assets	19,6 M €	+2.1%	19,2 M €	+7.2%	17,9 M €	-4.8%	18,8 M €	+0.2%	18,8 M €	+4.7%	18,0 M €	+3.2%	17,4 M €	-1.5%	17,7 M €	+0.7%	17,6 M €	+0.5%	17,5 M €	+0.2%	17,4 M €	+117%	8,0 M €	+11.9%	7,2 M €	+1.9%	7,0 M €	+4.8%	6,7 M €	+7.2%	6,3 M €	+2.4%	6,1 M €	+7.1%	5,7 M €
Cash	344,6 k €	-93.0%	4,9 M €	+43.3%	3,4 M €	-13.1%	3,9 M €	+114%	1,8 M €	+4.0%	1,8 M €	-32.0%	2,6 M €	+24.4%	2,1 M €	+5998%	34,2 k €	-46.2%	63,5 k €	-2.1%	64,9 k €	-78.7%	305,1 k €	-34.2%	463,6 k €	+240%	136,3 k €	+4499%	3,0 k €	-95.4%	64,3 k €	+1496%	4,0 k €	-90.5%	42,6 k €
Debts	2,2 M €	+24.4%	1,7 M €	+62.7%	1,1 M €	-47.6%	2,0 M €	+0.8%	2,0 M €	+0.8%	2,0 M €	-0.1%	2,0 M €	+1.6%	2,0 M €	-19.7%	2,5 M €	+0.7%	2,5 M €	-5.4%	2,6 M €	-16.2%	3,1 M €	+4.3%	3,0 M €	-8.7%	3,2 M €	-4.0%	3,4 M €	+8.0%	3,1 M €	-1.6%	3,2 M €	+2.2%	3,1 M €
Other
Workforce	4,0 ETP	-13.0%	4,6 ETP	+64.3%	2,8 ETP	+64.7%	1,7 ETP	-10.5%	1,9 ETP	-9.5%	2,1 ETP	+16.7%	1,8 ETP	-14.3%	2,1 ETP	+110%	1,0 ETP	-52.4%	2,1 ETP	-36.4%	3,3 ETP	+10.0%	3,0 ETP	+30.4%	2,3 ETP	-14.8%	2,7 ETP	+8.0%	2,5 ETP	+8.7%	2,3 ETP	+9.5%	2,1 ETP	-12.5%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 18 ended

Active mandates

Jelle Van Riet

Director · since 15 mars 2022 · until 17 juin 2024

Active

Viktor Van Riet

Director · since 15 mars 2022 · until 17 juin 2024

Active

Joost Van Riet

Managing director · until 09 juin 2028

Active

Thibaut Van Riet

Director · until 09 juin 2028

Active

Ended mandates

Jelle Van Riet

Director · since 15 mars 2022 · until 09 juin 2028

Ended

Viktor Van Riet

Director · since 15 mars 2022 · until 09 juin 2028

Ended

Joost Van Riet

Managing director · since 08 juin 2018 · until 14 juin 2024

Ended

Thibaut Van Riet

Mandate · since 08 juin 2018 · until 14 juin 2024

Ended

At this address

Other companies at this address

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De Caña VAT Group● Active	1007.388.352
LEGACY STABLE● Active	1033.307.445

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	15/05/2025	25/06/2024	23/06/2023	20/06/2022	15/06/2021	15/06/2020
General meeting	18/04/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021	12/06/2020
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	18/04/2025	15/05/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	23/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	15/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	15/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	08/07/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 18 ended

Active mandates

Jelle Van Riet

Director · since 15 mars 2022 · until 17 juin 2024

Active

Viktor Van Riet

Director · since 15 mars 2022 · until 17 juin 2024

Active

Joost Van Riet

Managing director · until 09 juin 2028

Active

Thibaut Van Riet

Director · until 09 juin 2028

Active

Ended mandates

Jelle Van Riet

Director · since 15 mars 2022 · until 09 juin 2028

Ended

Viktor Van Riet

Director · since 15 mars 2022 · until 09 juin 2028

Ended

Joost Van Riet

Managing director · since 08 juin 2018 · until 14 juin 2024

Ended

Thibaut Van Riet

Mandate · since 08 juin 2018 · until 14 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/07/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/05/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates14/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates11/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/01/2015
BENAMING - KAPITAAL - AANDELEN
PDF
Mandates06/11/2013
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 202431,3 k €↓
2023
Annual accounts 2023549,8 k €↑
2022
Annual accounts 202269,8 k €↑
2021
Annual accounts 2021-58,9 k €↓
2020
Annual accounts 2020309,7 k €↓
2019
Annual accounts 2019370,1 k €↑
2018
Annual accounts 2018-200,1 k €↓
2017
Annual accounts 2017515,1 k €↑
2016
Annual accounts 201635,3 k €↓
2015
Annual accounts 2015259,4 k €↑
2014
Annual accounts 2014103,5 k €↓
2014
Name changeHermeias
2012
Annual accounts 2012733,6 k €↑
2011
Annual accounts 2011397,3 k €↓
2010
Annual accounts 2010422,9 k €↑
2009
Annual accounts 2009215,0 k €↑
2008
Annual accounts 2008205,2 k €↓
2007
Annual accounts 2007329,2 k €↑
2006
Annual accounts 2006135,0 k €
2006
Name changeJOVARI
08/04/1994
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

Hermeias

Overview

What does Hermeias do?

Trend over 18 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