Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
HERSTAL GROUP SERVICES from Herstal, company number BE0428043380, closed financial year 2025 with a result of € 2.4 million after tax. For that financial year HERSTAL GROUP SERVICES recorded revenue of € 1.4 million and equity of € 99.8 million. Compared with financial year 2024, the result moved from € 6.7 million to € 2.4 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 99.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 224.7 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
7.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 3% vs 2024
€ 141,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 210.4 million
▼ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 26,629
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 365,249
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,263,572 | € 1,278,778 | € 1,376,923 | € 1,414,872 | ▲ 3% |
| Profit after taxes | € -23,071,233 | € 1,796,219 | € 6,685,919 | € 2,365,195 | ▼ 65% |
| Equity | € 88,916,456 | € 90,712,674 | € 97,398,593 | € 99,763,788 | ▲ 2% |
| Total debts | € 239,996,825 | € 249,738,485 | € 309,478,136 | € 213,395,178 | ▼ 31% |
| Cash | € 67,795,508 | € 213,977,055 | € 226,977,432 | € 224,661,509 | ▼ 1% |
| Retained profit | € -8,778,384 | € -6,982,165 | € -296,246 | € 2,068,948 | ▲ € 2.4 million |
| Bank debt | € 235,847,579 | € 239,833,136 | € 303,339,731 | € 210,381,691 | ▼ 31% |
| Balance sheet total | € 328,913,281 | € 340,451,160 | € 406,876,729 | € 313,158,965 | ▼ 23% |
| Employees (FTE) | 7.5 | 7.8 | 7.8 | 7.4 | ▼ 0.4 |
Key figures of HERSTAL GROUP SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HERSTAL GROUP SERVICES?
What happened at HERSTAL GROUP SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Julien COMPERE stepped down as director. NBB
- Baudouin DE HEPCEE stepped down as director. NBB
- France DELOBBE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.4 million (▼ 65% vs 2024). Source: NBB ↗
- France DELOBBE became a director. NBB
- Julien COMPERE became a director. NBB
- Baudouin DE HEPCEE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23.1 million loss in 2022 to € 2.4 million profit in 2025.
Paid € 951,200 in corporate taxes since 2022.
Best year ever: 2024, with € 6.7 million profit.
Pays suppliers within 35 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by FN HERSTAL SA (81.1%), FN BROWNING GROUP SA (11.8%) and FN AMERICA LLC (7.1%).
Directors
According to the 2025 annual accounts
Julien COMPERE
Director, Chairman of the board
Also active at: FN HERSTAL, FN Browning Group, BROWNING
since 2021 · until 2031
Baudouin DE HEPCEE
Director, Managing director
since 2021 · until 2031
France DELOBBE
Director
since 2022 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voie de Liège 33
4040 Herstal
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →FN HERSTAL same network
€ 422 million revenue · 2025
FN Browning Group same network
€ 18.3 million revenue · 2025
BROWNING same network
FONDS DE PREPENSION HERSTAL asbl
FONDATION ARS MECHANICA
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.043.380
- VAT number
- BE 0428.043.380
- Registered office
- Voie de Liège 33, 4040 Herstal
- Names & denominations
- HERSTAL GROUP SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1985
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Coördinatiecentra
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Sociale secretariaten
Overige activiteiten i .v.m. administratie, n.e.g.
Diverse administratieve activiteiten ten behoeve van kantoren