ACTIVE

Hercon

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Financial year 2025 · Closed on 31/12/2025

Net result85,8 k €+28,8 %over 1 year
Gross margin59 k €-9,8 %over 1 year
Equity5,1 M €+1,7 %over 1 year

Identity

Source · BCE/KBO

Hercon is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Sint-Martens-Latem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.972.329
Incorporation
12/01/2006
Legal form
Private limited company
Registered office
Oudburgweg 15
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin59 k €65,4 k €73,8 k €333,9 k €1,5 M €
EBITDA57,8 k €64,1 k €72,5 k €332,5 k €1,5 M €
Operating result14,5 k €20 k €29,3 k €322 k €1,5 M €
Net result85,8 k €66,6 k €32,8 k €216,6 k €1,6 M €
Balance sheet
Equity5,1 M €5,1 M €5 M €5 M €4,7 M €
Total assets5,3 M €5,2 M €5,1 M €5,1 M €5,3 M €
Cash122 k €81,6 k €95,7 k €1,8 M €3,2 M €
Debts111,1 k €107,3 k €136,4 k €147,3 k €574 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mario Hertegonne
Bestuurdersince 12/01/2006Directorlisted until the 2021 accountsendedManager12/01/2006 → 2013 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 date31/07/202631/07/202531/07/202431/07/202304/07/202230/06/2021
General meeting27/06/202628/06/202529/06/202424/06/202325/06/202215/05/2021
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 model31/12/202527/06/202631/07/2026DutchPDF
Micro model31/12/202428/06/202531/07/2025DutchPDF
Micro model31/12/202329/06/202431/07/2024DutchPDF
Micro model31/12/202224/06/202331/07/2023DutchPDF
Micro model31/12/202125/06/202204/07/2022DutchPDF
Micro model31/12/202015/05/202130/06/2021DutchPDF
Micro model31/12/201916/05/202003/07/2020DutchPDF
Micro model31/12/201818/05/201908/07/2019DutchPDF
Micro model31/12/201719/05/201829/05/2018DutchPDF
Micro model31/12/201620/05/201731/05/2017DutchPDF
Abridged model31/12/201521/05/201620/06/2016DutchPDF
Abridged model31/12/201416/05/201524/06/2015DutchPDF
Abridged model31/12/201316/05/201419/05/2014DutchPDF
Abridged model31/12/201218/05/201310/06/2013DutchPDF
Abridged model31/12/201119/05/201212/06/2012DutchPDF
Abridged model31/12/201021/05/201114/06/2011DutchPDF
Abridged model31/12/200915/05/201007/06/2010DutchPDF
Abridged model31/12/200816/05/200915/06/2009DutchPDF
Abridged model31/12/200717/05/200811/06/2008DutchPDF
Abridged model31/12/200619/05/200715/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mario Hertegonne
Bestuurdersince 12/01/2006Directorlisted until the 2021 accountsendedManager12/01/2006 → 2013 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office04/05/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other08/02/2006
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Mario Hertegonne
200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Hercon
Oudburgweg 15, 9830 Sint-Martens-Latem
BestuurderManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Oudburgweg 15, 9830 Sint-Martens-LatemCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00385014
Lage Bilk 18, 9950 Waarschoot
accounts 2021
Accounts 2021 · 2022-20153065

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HerconCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00385014

Events

  1. 2025
    Annual accounts 202585,8 k €↑
  2. 2024
    Annual accounts 202466,6 k €↑
  3. 2023
    Annual accounts 202332,8 k €↓
  4. 2022
    Annual accounts 2022216,6 k €↓
  5. 2021
    Annual accounts 20211,6 M €↑
  6. 2020
    Annual accounts 2020195,3 k €↓
  7. 2019
    Annual accounts 2019199,6 k €↑
  8. 2018
    Annual accounts 2018189,9 k €↓
  9. 2017
    Annual accounts 20172,3 M €↑
  10. 2016
    Annual accounts 2016100,5 k €↑
  11. 2015
    Annual accounts 201560,3 k €↓
  12. 2014
    Annual accounts 201486 k €↓
  13. 2013
    Annual accounts 2013118,9 k €↑
  14. 2012
    Annual accounts 2012111,3 k €↑
  15. 2011
    Annual accounts 201197,6 k €↑
  16. 2010
    Annual accounts 201080,3 k €↑
  17. 2009
    Annual accounts 200977,4 k €↑
  18. 2008
    Annual accounts 200864 k €↓
  19. 2007
    Annual accounts 200765,8 k €↑
  20. 2006
    Annual accounts 200636,2 k €
  21. 12/01/2006
    IncorporationPrivate limited company