ACTIVE

HERMECO

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Financial year 2025 · closed on 31/03/2025
Net result
39 k €
-62.7% YoY
Gross margin
550 k €
+1.3% YoY
Equity
2,9 M €
-27.7% YoY
Workforce
1,0 ETP
0.0% YoY

What does HERMECO do?

HERMECO is a Public limited company incorporated in 1995. Its registered office is in Herentals. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.918.509
Incorporation
24/08/1995
Legal form
Public limited company
Registered office
Bosdreef(HRT) 9
2200 Herentals · FlandreSee on map
Contributed capital
62 000,65 €
Latest accounts
31/03/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 100
  • 200
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 15 financial years

202520242023202220192018201720162015201420132012201120102009
Income statement
Gross margin550 k €542,9 k €456,7 k €419,2 k €391,1 k €884,1 k €625,5 k €597,9 k €673,6 k €573,2 k €555,6 k €279,2 k €163,1 k €126,6 k €244,9 k €
EBITDA407,8 k €418 k €336,8 k €301,7 k €284,2 k €853,6 k €609,8 k €581,9 k €658 k €569,8 k €540,1 k €267,9 k €160,5 k €124 k €242,3 k €
Operating result130,6 k €141,3 k €25,1 k €-5,7 k €-8,6 k €294,5 k €490,6 k €495,3 k €571,7 k €482,1 k €456,9 k €197,5 k €143,6 k €107,1 k €224,7 k €
Net result39 k €104,5 k €24,6 k €18,4 k €8,9 k €2,3 M €316,7 k €308,4 k €352,7 k €604,6 k €264,6 k €445 k €81,6 k €57,1 k €189 k €
Balance sheet
Equity2,9 M €4 M €5,1 M €5,1 M €5 M €5,1 M €2,8 M €2,8 M €2,5 M €2,3 M €1,8 M €1,5 M €1,1 M €1 M €950 k €
Total assets6,3 M €6,5 M €5,7 M €5,8 M €5,6 M €5,9 M €5,4 M €4,1 M €4 M €4 M €3,7 M €3,6 M €1,4 M €1,4 M €1,4 M €
Cash34,6 k €72,9 k €43 k €129,7 k €326,9 k €1,1 M €339,1 k €72,5 k €15,5 k €10,8 k €10,3 k €8,9 k €5,7 k €9,9 k €11,6 k €
Debts3,4 M €2,5 M €560,5 k €654,7 k €611,3 k €770,9 k €2,6 M €1,2 M €1,5 M €1,7 M €1,9 M €2,1 M €288,4 k €389,9 k €457,2 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,3 ETP–––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Ingrid De Mey

Director · since 10 septembre 2019 · until 30 septembre 2025

Active
Peter Hermans

Director · since 10 septembre 2019 · until 30 septembre 2025

Active

Ended mandates

Ingrid De Mey

Director · since 10 septembre 2019 · until 09 septembre 2025

Ended
Peter Hermans

Managing director · since 10 septembre 2019 · until 09 septembre 2025

Ended
Ingrid De Mey

Director

Ended
kris Voet

Director · until 10 septembre 2013

Ended
At this address

Other companies at this address

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0721.765.617
PET CONCEPT● Active
0459.313.509
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/10/202530/10/202426/10/202327/10/202227/10/202130/11/2020
General meeting30/09/202510/09/202412/09/202313/09/202214/09/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202529/10/2025DutchPDF
Abridged model31/03/202410/09/202430/10/2024DutchPDF
Abridged model31/03/202312/09/202326/10/2023DutchPDF
Abridged model31/03/202213/09/202227/10/2022DutchPDF
Abridged model31/03/202114/09/202127/10/2021DutchPDF
Abridged model31/03/202008/09/202030/11/2020DutchPDF
Abridged model31/03/201910/09/201930/10/2019DutchPDF
Abridged modelCorrection31/03/201811/09/201831/10/2018DutchPDF
Abridged model31/03/201811/09/201802/10/2018DutchPDF
Abridged model31/03/201712/09/201731/10/2017DutchPDF
Abridged model31/03/201613/09/201602/11/2016DutchPDF
Abridged model31/03/201530/09/201502/10/2015DutchPDF
Abridged model31/03/201409/09/201427/11/2014DutchPDF
Abridged model31/03/201310/09/201306/11/2013DutchPDF
Abridged model31/03/201211/09/201222/10/2012DutchPDF
Abridged model31/03/201113/09/201114/09/2011DutchPDF
Abridged model31/03/201014/09/201004/10/2010DutchPDF
Abridged model31/03/200908/09/200915/09/2009DutchPDF
Abridged model31/03/200809/09/200816/10/2008DutchPDF
Abridged model31/03/200711/09/200710/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Ingrid De Mey

Director · since 10 septembre 2019 · until 30 septembre 2025

Active
Peter Hermans

Director · since 10 septembre 2019 · until 30 septembre 2025

Active

Ended mandates

Ingrid De Mey

Director · since 10 septembre 2019 · until 09 septembre 2025

Ended
Peter Hermans

Managing director · since 10 septembre 2019 · until 09 septembre 2025

Ended
Ingrid De Mey

Director

Ended
kris Voet

Director · until 10 septembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares14/06/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring13/04/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/10/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/11/2013
    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

Timeline

  1. 2025
    Annual accounts 202539 k €↓
  2. 2024
    Annual accounts 2024104,5 k €↑
  3. 2023
    Annual accounts 202324,6 k €↑
  4. 2022
    Annual accounts 202218,4 k €↑
  5. 2019
    Annual accounts 20198,9 k €↓
  6. 2018
    Annual accounts 20182,3 M €↑
  7. 2017
    Annual accounts 2017316,7 k €↑
  8. 2016
    Annual accounts 2016308,4 k €↓
  9. 2015
    Annual accounts 2015352,7 k €↓
  10. 2014
    Annual accounts 2014604,6 k €↑
  11. 2013
    Annual accounts 2013264,6 k €↓
  12. 2012
    Annual accounts 2012445 k €↑
  13. 2011
    Annual accounts 201181,6 k €↑
  14. 2010
    Annual accounts 201057,1 k €↓
  15. 2009
    Annual accounts 2009189 k €
  16. 24/08/1995
    IncorporationPublic limited company