Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HERFURTH & CO from Antwerpen, company number BE0428763259, closed financial year 2025 with a result of € -222,385 after tax. For that financial year HERFURTH & CO recorded revenue of € 4.3 million and equity of € 23.9 million. Compared with financial year 2024, the result moved from € 7.7 million to € -222,385. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 23.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -222,385
▼ still € 7.7 million profit in 2024
Profit after tax over the fiscal year.
€ 880,934
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 21.4 million.
People and assets in 2025
€ 2 million
▲ 7% vs 2024
Of which on lease € 1.8 million.
Debts at end 2025
€ 25.7 million
▲ 20% vs 2024
€ 153,850 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 3.8 million
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 316 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,952,265 | € 3,852,572 | € 3,423,221 | € 4,274,074 | ▲ 25% |
| Profit after taxes | € 684,153 | € 9,900,897 | € 7,657,913 | € -222,385 | ▼ € 7.9 million |
| Equity | € 11,885,427 | € 21,786,324 | € 24,140,117 | € 23,917,732 | ▼ 1% |
| Total debts | € 36,168,646 | € 34,387,308 | € 31,657,124 | € 29,859,744 | ▼ 6% |
| Cash | € 9,816,213 | € 1,625,351 | € 2,082,477 | € 880,934 | ▼ 58% |
| Land & buildings | € 106,923 | € 106,923 | € 106,923 | € 106,923 | |
| Retained profit | € 9,320,427 | € 19,221,324 | € 21,575,117 | € 21,352,732 | ▼ 1% |
| Dividend | € 0 | € 0 | € 5,304,120 | € 0 | ▼ 100% |
| Bank debt | € 31,386,966 | € 26,515,707 | € 21,508,455 | € 25,730,594 | ▲ 20% |
| Balance sheet total | € 48,223,380 | € 56,421,394 | € 56,045,003 | € 53,857,507 | ▼ 4% |
Key figures of HERFURTH & CO, 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 HERFURTH & CO?
What happened at HERFURTH & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 222,385 (▼ € 7.9 million vs 2024). filed late Source: NBB ↗
- V. MALDAGUE stepped down as director. NBB
- O. D'HOOP stepped down as director. NBB
- C QUAEYHAEGENS stepped down as director. NBB
- A. QUAEYHAEGENS stepped down as director. NBB
- V. MALDAGUE became a director. NBB
- O. D'HOOP became a director. NBB
- C QUAEYHAEGENS became a director. NBB
In short
From € 684,153 profit in 2022 to € 222,385 loss in 2025.
Paid € 314,206 in corporate taxes since 2022.
Best year ever: 2023, with € 9.9 million profit.
Paid out € 5.3 million in dividends to the owners in total.
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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
It owns 100% of CETRACO, 99.6% of HERFURTH LOJISTIK TICARET, 93.7% of HERFURTH TRAVEL, 0.5% of HERFURTH SHIPPING SARL, 0.2% of HERFURTH MARITIME and 0.1% of GANDATRADE itself.
Directors
According to the 2025 annual accounts
V. MALDAGUE
Managing director
Also active at: BEST & OSTERRIETH, Macotruck, Bando Travel Service, HERFURTH INVESTMENT, GANDATRADE, HERFURTH LOGISTICS, HERFURTH SHIPBROKERS, HERFURTH TRAVEL +1 more
since 2020 · until 2026
O. D'HOOP
Managing director
Also active at: BEST & OSTERRIETH, Macotruck, HERFURTH INVESTMENT, GANDATRADE, HERFURTH LOGISTICS, HERFURTH SHIPBROKERS, HERFURTH TRAVEL, HANDICO TRUCKING
since 2020 · until 2026
C QUAEYHAEGENS
Director
since 2020 · until 2026
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
D'Herbouvillekaai 42
2020 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →BEST & OSTERRIETH same network
€ 861 gross margin · 2025
JOHN P. BEST & Co
€ -50,960 gross margin · 2025
MARINZEE
€ 74,988 gross margin · 2025
Scandinavian Stevedoring Company same network
€ 131,179 revenue · 2025
CETRACO same network
€ 8.2 million revenue · 2025
+7 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
- 0428.763.259
- VAT number
- BE 0428.763.259
- Registered office
- D'Herbouvillekaai 42, 2020 Antwerpen
- Names & denominations
- HERFURTH & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige vrachtbehandeling, exclusief in zeehavens