ACTIVE

HERMAN

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Financial year 2025 · closed on 30/06/2025

Net result

16,3 k €

+0.7% YoY

Gross margin

34,0 k €

+1.0% YoY

Equity

142,7 k €

+1.2% YoY

What does HERMAN do?

HERMAN is a Private company with limited liability incorporated in 2006. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.953.721

Incorporation

27/01/2006

Legal form

Private company with limited liability

Registered office

De Coninckplein 21
2060 Antwerpen · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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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	34,0 k €	+1.0%	33,7 k €	+14.4%	29,4 k €	+1.9%	28,9 k €	-15.1%	34,0 k €	+1.1%	33,6 k €	+0.9%	33,3 k €	+14.6%	29,1 k €	-3.7%	30,2 k €	-5.3%	31,9 k €	-4.4%	33,4 k €	+0.8%	33,1 k €	+18.5%	27,9 k €	-1.4%	28,3 k €	+16.0%	24,4 k €	-12.6%	27,9 k €	+30.9%	21,3 k €	-18.8%	26,3 k €	-17.5%	31,9 k €
EBITDA	32,7 k €	+0.9%	32,4 k €	+14.6%	28,3 k €	+0.7%	28,1 k €	-14.6%	32,9 k €	+1.0%	32,6 k €	+0.9%	32,3 k €	+15.1%	28,1 k €	-3.2%	29,0 k €	-6.9%	31,2 k €	-3.4%	32,3 k €	+2.9%	31,4 k €	+17.2%	26,8 k €	-1.4%	27,1 k €	+22.0%	22,3 k €	-13.5%	25,7 k €	+22.9%	20,9 k €	-5.5%	22,2 k €	-25.0%	29,5 k €
Operating result	24,2 k €	+0.1%	24,2 k €	+19.7%	20,2 k €	-0.7%	20,4 k €	-18.9%	25,1 k €	-0.8%	25,3 k €	+1.2%	25,0 k €	+20.4%	20,7 k €	-4.3%	21,7 k €	+3.5%	21,0 k €	-5.0%	22,1 k €	+4.3%	21,2 k €	+27.8%	16,6 k €	-2.3%	16,9 k €	+36.4%	12,4 k €	-21.9%	15,9 k €	+43.1%	11,1 k €	-9.8%	12,3 k €	+3.6%	11,9 k €
Net result	16,3 k €	+0.7%	16,2 k €	+22.5%	13,2 k €	+1.2%	13,1 k €	-18.7%	16,1 k €	+10.0%	14,6 k €	-3.6%	15,2 k €	+37.8%	11,0 k €	+7.0%	10,3 k €	+9.2%	9,4 k €	-11.1%	10,6 k €	+16.5%	9,1 k €	+66.9%	5,5 k €	+2.3%	5,3 k €	+174%	1,9 k €	-66.2%	5,8 k €	+295%	1,5 k €	-32.1%	2,2 k €	+144%	-4,9 k €
Balance sheet
Equity	142,7 k €	+1.2%	141,0 k €	+5.2%	134,0 k €	-4.8%	140,8 k €	+2.0%	138,0 k €	+8.3%	127,4 k €	+13.0%	112,8 k €	+15.5%	97,6 k €	+12.7%	86,6 k €	+13.5%	76,3 k €	+14.1%	66,9 k €	+18.8%	56,3 k €	+19.3%	47,2 k €	+13.0%	41,8 k €	+14.6%	36,5 k €	+5.6%	34,5 k €	+20.1%	28,7 k €	+66.3%	17,3 k €	+224%	5,3 k €
Total assets	163,5 k €	+4.4%	156,6 k €	-3.4%	162,1 k €	-6.3%	172,9 k €	-3.0%	178,2 k €	-2.1%	181,9 k €	-2.2%	185,9 k €	-3.8%	193,3 k €	-3.8%	200,8 k €	-3.5%	208,1 k €	-4.7%	218,4 k €	-4.4%	228,5 k €	-4.3%	238,7 k €	-4.1%	248,9 k €	-2.5%	255,3 k €	-4.5%	267,5 k €	-4.3%	279,6 k €	-1.8%	284,7 k €	-3.4%	294,9 k €
Cash	15,3 k €	+5706%	263,9 €	+1381%	17,8 €	-99.5%	3,9 k €	+29.8%	3,0 k €	+24.4%	2,4 k €	+13498%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	0.0%	17,8 €	-99.3%	2,5 k €	-47.6%	4,7 k €	+13419%	35,0 €	-90.4%	366,2 €
Debts	18,5 k €	+29.3%	14,3 k €	-49.0%	28,1 k €	-12.6%	32,1 k €	-20.1%	40,2 k €	-26.3%	54,6 k €	-23.2%	71,1 k €	-25.7%	95,6 k €	-16.2%	114,2 k €	-13.0%	131,2 k €	-13.0%	150,8 k €	-12.1%	171,5 k €	-10.4%	191,5 k €	-7.6%	207,1 k €	-5.4%	218,9 k €	-5.7%	232,1 k €	-7.5%	250,8 k €	-6.1%	267,2 k €	-7.4%	288,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

Gill Matthyssen

Director

Active

JORIS ADRIAENS

Director

Active

Ended mandates

GILL MATTHYSSEN

Manager

Ended

JO ADRIAENS

Manager

Ended

JORIS ADRIAENS

Manager

Ended

STIJN WENS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
MADE ARCHITECTS● Active	0879.625.197
Made Karuur TVH● Active	0771.610.749
VIGGOSKAR● Active	1007.700.831

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/12/2025	08/01/2025	04/01/2024	24/01/2023	06/12/2021	06/01/2021
General meeting	15/11/2025	15/11/2024	15/11/2023	15/11/2022	15/11/2021	16/11/2020
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
Micro model	30/06/2025	15/11/2025	09/12/2025	Dutch	PDF
Micro model	30/06/2024	15/11/2024	08/01/2025	Dutch	PDF
Micro model	30/06/2023	15/11/2023	04/01/2024	Dutch	PDF
Micro model	30/06/2022	15/11/2022	24/01/2023	Dutch	PDF
Micro model	30/06/2021	15/11/2021	06/12/2021	Dutch	PDF
Micro model	30/06/2020	16/11/2020	06/01/2021	Dutch	PDF
Micro model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	15/11/2018	14/01/2019	Dutch	PDF
Micro model	30/06/2017	15/12/2017	10/01/2018	Dutch	PDF
Abridged model	30/06/2016	15/11/2016	16/12/2016	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	26/01/2016	Dutch	PDF
Abridged model	30/06/2014	15/11/2014	06/01/2015	Dutch	PDF
Abridged model	30/06/2013	15/11/2013	31/01/2014	Dutch	PDF
Abridged model	30/06/2012	15/11/2012	16/11/2012	Dutch	PDF
Abridged model	30/06/2011	15/12/2011	21/12/2011	Dutch	PDF
Abridged model	30/06/2010	15/12/2010	13/01/2011	Dutch	PDF
Abridged model	30/06/2009	16/12/2009	07/01/2010	Dutch	PDF
Abridged model	30/06/2008	17/11/2008	23/12/2008	Dutch	PDF
Abridged model	30/06/2007	31/12/2007	27/02/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

Gill Matthyssen

Director

Active

JORIS ADRIAENS

Director

Active

Ended mandates

GILL MATTHYSSEN

Manager

Ended

JO ADRIAENS

Manager

Ended

JORIS ADRIAENS

Manager

Ended

STIJN WENS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/04/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2009
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2009
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Other08/02/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202516,3 k €↑
2024
Annual accounts 202416,2 k €↑
2023
Annual accounts 202313,2 k €↑
2022
Annual accounts 202213,1 k €↓
2021
Annual accounts 202116,1 k €↑
2020
Annual accounts 202014,6 k €↓
2019
Annual accounts 201915,2 k €↑
2018
Annual accounts 201811,0 k €↑
2017
Annual accounts 201710,3 k €↑
2016
Annual accounts 20169,4 k €↓
2015
Annual accounts 201510,6 k €↑
2014
Annual accounts 20149,1 k €↑
2013
Annual accounts 20135,5 k €↑
2012
Annual accounts 20125,3 k €↑
2011
Annual accounts 20111,9 k €↓
2010
Annual accounts 20105,8 k €↑
2009
Annual accounts 20091,5 k €↓
2008
Annual accounts 20082,2 k €↑
2007
Annual accounts 2007-4,9 k €
27/01/2006
IncorporationPrivate company with limited liability

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

HERMAN

Overview

What does HERMAN 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