ACTIVE

HERMAR

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Financial year 2025 · Closed on 31/12/2025

Net result25,3 k €+2,3 %over 1 year
Gross margin96,7 k €-4,2 %over 1 year
Equity87,2 k €-13,8 %over 1 year

Identity

Source · BCE/KBO

HERMAR is a Private limited company incorporated in 1995. Its main activity is: Construction of buildings. Its registered office is in Hoogstraten.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.121.723
Incorporation
27/04/1995
Legal form
Private limited company
Registered office
Kerkpad 2A
2323 Hoogstraten · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin96,7 k €101 k €103,2 k €80,7 k €77,6 k €
EBITDA36,5 k €34,8 k €41,4 k €28,2 k €25,7 k €
Operating result29 k €27,5 k €34 k €22,1 k €23,5 k €
Net result25,3 k €24,8 k €30,6 k €25 k €25,5 k €
Balance sheet
Equity87,2 k €101,1 k €104,6 k €122,2 k €138,7 k €
Total assets93,6 k €123 k €130,2 k €206,1 k €146 k €
Cash11,9 k €5,2 k €7,9 k €–20,5 k €
Debts6,4 k €21,9 k €25,7 k €84 k €7,4 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriod
Herman Van der Flaas
DirectorManager2023 accountsended
Marc Fransen
DirectorManager2023 accountsendedAssociate2007 accountsended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date22/06/202625/06/202501/07/202426/07/202305/07/202207/07/2021
General meeting18/06/202615/06/202530/06/202401/06/202330/06/202215/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/06/202622/06/2026DutchPDF
Micro model31/12/202415/06/202525/06/2025DutchPDF
Micro model31/12/202330/06/202401/07/2024DutchPDF
Micro model31/12/202201/06/202326/07/2023DutchPDF
Micro model31/12/202130/06/202205/07/2022DutchPDF
Micro model31/12/202015/06/202107/07/2021DutchPDF
Micro model31/12/201924/06/202012/07/2020DutchPDF
Micro model31/12/201830/06/201931/07/2019DutchPDF
Micro model31/12/201731/05/201801/07/2018DutchPDF
Abridged model31/12/201631/05/201726/06/2017DutchPDF
Abridged model31/12/201517/06/201605/07/2016DutchPDF
Abridged model31/12/201419/06/201501/07/2015DutchPDF
Abridged model31/12/201319/06/201423/06/2014DutchPDF
Abridged model31/12/201228/06/201322/07/2013DutchPDF
Abridged model31/12/201130/06/201226/07/2012DutchPDF
Abridged model31/12/201030/06/201113/07/2011DutchPDF
Abridged model31/12/200930/06/201029/07/2010DutchPDF
Abridged model31/12/200830/06/200923/07/2009DutchPDF
Abridged model31/12/200730/06/200822/07/2008DutchPDF
Abridged model31/12/200615/06/200728/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

Active mandates

DirectorMandates in this companyPeriod
Herman Van der Flaas
DirectorManager2023 accountsended
Marc Fransen
DirectorManager2023 accountsendedAssociate2007 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other05/09/2024
    STATUTEN (VERTALING, COORDINATIE, OVERIGE
    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
Filings20 filings
Mandates
Marc Fransen
Herman Van der Flaas
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
HERMAR
Kerkpad 2 bte A, 2323 Wortel
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kerkpad 2A, 2323 WortelCurrent
CBE
Kerkpad 2 bte A, 2323 Wortel
accounts 2025
Accounts 2025 · 2026-00188953
Kerkpad 2A bte A, 2323 Wortel
accounts 2024
Accounts 2024 · 2025-00182642
Kerkpad 2 bte A, 2323 Wortel
accounts 2021 → 2023
Accounts 2023 · 2024-00201816

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HERMARCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00188953

Events

  1. 2025
    Annual accounts 202525,3 k €↑
  2. 2024
    Annual accounts 202424,8 k €↓
  3. 2023
    Annual accounts 202330,6 k €↑
  4. 2022
    Annual accounts 202225 k €↓
  5. 2021
    Annual accounts 202125,5 k €↓
  6. 2020
    Annual accounts 202049,8 k €↑
  7. 2019
    Annual accounts 201936,2 k €↓
  8. 2018
    Annual accounts 201863,2 k €↑
  9. 2017
    Annual accounts 201741,8 k €↑
  10. 2016
    Annual accounts 201635 k €↑
  11. 2015
    Annual accounts 201525,8 k €↑
  12. 2014
    Annual accounts 201423,9 k €↑
  13. 2013
    Annual accounts 201313,6 k €↓
  14. 2012
    Annual accounts 201214,1 k €↑
  15. 2011
    Annual accounts 201113,1 k €↓
  16. 2010
    Annual accounts 201021,4 k €↓
  17. 2009
    Annual accounts 200939 k €↑
  18. 2008
    Annual accounts 20088,3 k €↑
  19. 2007
    Annual accounts 2007-2,3 k €↓
  20. 2006
    Annual accounts 20068,4 k €
  21. 27/04/1995
    IncorporationPrivate limited company