AD HERTECANT
0889.873.050 · rovalta.com · 23/09/2026
OPENING OF BANKRUPTCY
AD HERTECANT
Financial year 2025 · closed on 30/09/2025
Net result
-82 k €
-736.0% YoY
Gross margin
602,8 k €
-1.1% YoY
Equity
191,6 k €
-30.0% YoY
Workforce
12,5 ETP
-1.6% YoY
Company — Opening of bankruptcy.
Overview
What does AD HERTECANT do?
AD HERTECANT is a Private limited company incorporated in 2007. Its registered office is in Berlare. It employs on average 12,5 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0889.873.050
Incorporation
06/06/2007
Legal form
Private limited company
Registered office
Emiel Hertecantlaan(B) 22
9290 Berlare · FlandreSee on map
9290 Berlare · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
30/09/2025
Average workforce
12,5 ETP
Joint committees (3)
- 119
- 201
- 202
Signals
Healthy social debts
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 602,8 k € | -1.1% | 609,7 k € | +7.7% | 566 k € | +51.3% | 374,1 k € | -32.2% | 552,2 k € | -14.4% | 645,4 k € | -17.5% | 782,6 k € | +18.7% | 659,5 k € | +26.9% | 519,7 k € | -17.5% | 630 k € | -10.3% | 702,1 k € | +4.5% | 671,7 k € | -7.9% | 729,5 k € | +9.4% | 667,1 k € | +18.9% | 561,2 k € | -13.4% | 647,9 k € |
| EBITDA | -39,9 k € | -183% | 48,2 k € | +21.9% | 39,5 k € | +126% | -150,9 k € | -267% | 90,3 k € | +13.3% | 79,6 k € | -64.0% | 221,3 k € | +8.1% | 204,8 k € | +222% | 63,6 k € | -48.9% | 124,5 k € | -29.8% | 177,3 k € | +46.0% | 121,4 k € | -44.6% | 219,3 k € | +28.8% | 170,3 k € | +243% | 49,7 k € | -65.1% | 142,3 k € |
| Operating result | -98,6 k € | -855% | -10,3 k € | +40.1% | -17,2 k € | +91.9% | -211,8 k € | -875% | 27,3 k € | +7.4% | 25,4 k € | -71.2% | 88,4 k € | +18.9% | 74,3 k € | +216% | -64,3 k € | -174% | -23,5 k € | -176% | 31 k € | +170% | -44 k € | -185% | 51,9 k € | +1228% | 3,9 k € | +104% | -106,9 k € | -1250% | 9,3 k € |
| Net result | -82 k € | -736% | -9,8 k € | -165% | 15,1 k € | +107% | -205 k € | -1060% | 21,4 k € | +244% | 6,2 k € | -92.5% | 83,3 k € | +28.2% | 65 k € | +580% | 9,6 k € | +122% | -43,2 k € | -693% | 7,3 k € | +110% | -72,4 k € | -487% | 18,7 k € | +171% | -26,2 k € | +81.4% | -141,1 k € | -762% | -16,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 191,6 k € | -30.0% | 273,6 k € | -3.5% | 283,4 k € | +5.6% | 268,3 k € | -43.3% | 473,3 k € | +38.8% | 340,9 k € | +1.9% | 334,6 k € | +33.2% | 251,3 k € | +34.9% | 186,3 k € | +11.7% | 166,8 k € | +4.2% | 160 k € | +4.8% | 152,7 k € | -32.2% | 225,1 k € | +9.1% | 206,4 k € | -11.3% | 232,6 k € | -0.5% | 233,6 k € |
| Total assets | 1,4 M € | -8.2% | 1,5 M € | -0.2% | 1,5 M € | +4.1% | 1,4 M € | -7.2% | 1,5 M € | +18.5% | 1,3 M € | -4.8% | 1,4 M € | -8.0% | 1,5 M € | -3.2% | 1,5 M € | -0.4% | 1,5 M € | -4.1% | 1,6 M € | -5.5% | 1,7 M € | -8.4% | 1,9 M € | -8.5% | 2 M € | +2.9% | 2 M € | +0.8% | 2 M € |
| Cash | 32,7 k € | -70.0% | 108,9 k € | +6.1% | 102,7 k € | +70.1% | 60,4 k € | +22.4% | 49,3 k € | -60.5% | 125 k € | -4.6% | 130,9 k € | +3.6% | 126,4 k € | +34.3% | 94,1 k € | -23.7% | 123,3 k € | +38.7% | 88,9 k € | -31.5% | 129,8 k € | +59.3% | 81,5 k € | -36.3% | 127,9 k € | +31.2% | 97,5 k € | -17.9% | 118,7 k € |
| Debts | 1,1 M € | -3.5% | 1,2 M € | +0.9% | 1,2 M € | +3.7% | 1,1 M € | +7.8% | 1,1 M € | +9.3% | 963,2 k € | -7.0% | 1 M € | -16.3% | 1,2 M € | -8.4% | 1,4 M € | -1.4% | 1,4 M € | -5.4% | 1,5 M € | -6.2% | 1,5 M € | -5.4% | 1,6 M € | -10.2% | 1,8 M € | +4.4% | 1,7 M € | +1.3% | 1,7 M € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 12,5 ETP | -1.6% | 12,7 ETP | +6.7% | 11,9 ETP | -14.4% | 13,9 ETP | +14.9% | 12,1 ETP | -19.3% | 15,0 ETP | -9.1% | 16,5 ETP | +20.4% | 13,7 ETP | +6.2% | 12,9 ETP | -6.5% | 13,8 ETP | -0.7% | 13,9 ETP | -10.3% | 15,5 ETP | +4.7% | 14,8 ETP | +8.0% | 13,7 ETP | -10.5% | 15,3 ETP | -9.5% | 16,9 ETP |
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 8 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Kormac● Bankrupt | 0713.786.277 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/03/2026 | 26/03/2025 | 21/03/2024 | 17/03/2023 | 04/04/2022 | 26/03/2021 |
| General meeting | 20/03/2026 | 21/03/2025 | 15/03/2024 | 17/03/2023 | 18/03/2022 | 19/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 20/03/2026 | 30/03/2026 | Dutch | |
| Abridged model | 30/09/2024 | 21/03/2025 | 26/03/2025 | Dutch | |
| Abridged model | 30/09/2023 | 15/03/2024 | 21/03/2024 | Dutch | |
| Abridged model | 30/09/2022 | 17/03/2023 | 17/03/2023 | Dutch | |
| Abridged model | 30/09/2021 | 18/03/2022 | 04/04/2022 | Dutch | |
| Abridged model | 30/09/2020 | 19/03/2021 | 26/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 20/03/2020 | 06/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 16/03/2019 | 05/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 16/03/2018 | 28/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 17/03/2017 | 29/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 18/03/2016 | 31/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 20/03/2015 | 30/04/2015 | Dutch | |
| Abridged model | 30/09/2013 | 21/03/2014 | 31/03/2014 | Dutch | |
| Abridged model | 30/09/2012 | 15/03/2013 | 19/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 16/03/2012 | 05/04/2012 | Dutch | |
| Abridged model | 30/09/2010 | 18/03/2011 | 28/04/2011 | Dutch | |
| Abridged model | 30/09/2009 | 19/03/2010 | 29/04/2010 | Dutch | |
| Abridged model | 30/09/2008 | 20/03/2009 | 23/03/2009 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 8 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates15/07/2019WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates16/01/2019ONTSLAGEN - BENOEMINGEN
- Other13/09/2010BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates17/07/2009ONTSLAGEN - BENOEMINGEN
- Other14/06/2007RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-82 k €↓
- 2024Annual accounts 2024-9,8 k €↓
- 2023Annual accounts 202315,1 k €↑
- 2022Annual accounts 2022-205 k €↓
- 2021Annual accounts 202121,4 k €↑
- 2018Annual accounts 20186,2 k €↓
- 2017Annual accounts 201783,3 k €↑
- 2016Annual accounts 201665 k €↑
- 2015Annual accounts 20159,6 k €↑
- 2014Annual accounts 2014-43,2 k €↓
- 2013Annual accounts 20137,3 k €↑
- 2012Annual accounts 2012-72,4 k €↓
- 2011Annual accounts 201118,7 k €↑
- 2010Annual accounts 2010-26,2 k €↑
- 2009Annual accounts 2009-141,1 k €↓
- 2008Annual accounts 2008-16,4 k €
- 06/06/2007IncorporationPrivate limited company