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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HERPAIN INVESTISSEMENT from Ukkel, company number BE0438663791, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year HERPAIN INVESTISSEMENT recorded revenue of € 877,363 and equity of € 12.6 million. Compared with financial year 2024, the result moved from € -349,058 to € -1.1 million. 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 May 20, 2026.
€ 12.6 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 224 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27,330
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.9 million.
People and assets in 2025
€ 1,457
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
▼ 4% vs 2024
€ 116,534 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 89,490
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 195 days on average.
€ 471
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 264,301 | € 225,500 | € 704,004 | € 877,363 | ▲ 25% |
| Profit after taxes | € -272,512 | € -166,518 | € -349,058 | € -1,129,930 | ▼ € 780,872 |
| Equity | € 4,456,058 | € 14,039,923 | € 13,690,865 | € 12,560,935 | ▼ 8% |
| Total debts | € 15,292,661 | € 9,852,055 | € 9,140,015 | € 9,448,199 | ▲ 3% |
| Cash | € 149,776 | € 32,820 | € 249,651 | € 27,330 | ▼ 89% |
| Land & buildings | € 3,741,021 | € 3,606,410 | € 3,471,798 | € 3,405,993 | ▼ 2% |
| Retained profit | € -3,247,953 | € -3,414,471 | € -3,763,529 | € -4,893,459 | ▼ € 1.1 million |
| Bank debt | € 3,642,337 | € 3,526,597 | € 3,185,712 | € 3,069,150 | ▼ 4% |
| Balance sheet total | € 19,862,211 | € 23,994,684 | € 23,707,784 | € 23,531,935 | ▼ 1% |
Key figures of HERPAIN INVESTISSEMENT, 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 HERPAIN INVESTISSEMENT?
What happened at HERPAIN INVESTISSEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PATCH SRL stepped down as director. NBB
- SOMADIN SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.1 million. Source: NBB ↗
- PATCH SRL became a director. NBB
- SOMADIN SRL became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 272,512 loss in 2022 to € 1.1 million loss in 2025.
Pays suppliers within 195 days on average.
Management
The shares are held by HERPAIN SA (100%), 4S ASSOCIATES SRL, Pierre HERPAIN and Stéphane HERPAIN . It owns 100% of LONG STREET AND FOREST, 50% of HERPAIN URBIS, 50% of HERPAIN IMMO, 30% of HERPAIN URBIS RETAIL HOLDING and 25% of HERPAIN URBIS RETAIL 2 itself.
Directors
According to the 2025 annual accounts
Managing director · represented by PIERRE HERPAIN
Owns 31% via HERPAIN SA
Also active at: Société Immobilière de Gestion et de Location, SAMBRE ET MEUSE TRAVAUX, LES LIGNES AMARANTE, MULTISTAR, HERPAIN ENTREPRISE, HERPAIN URBIS RETAIL II, HERPAIN URBIS RETAIL HOLDING, HERPAIN URBIS +2 more
since 2023 · until 2029
Managing director · represented by STEPHANE HERPAIN
Owns 34.5% via HERPAIN SA
Also active at: Société Immobilière de Gestion et de Location, SAMBRE ET MEUSE TRAVAUX, LES LIGNES AMARANTE, HERPAIN ENTREPRISE, HERPAIN, HERPAIN URBIS, HERPAIN URBIS MANAGEMENT
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Beeldhouwerslaan 43
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →Plan - Etude - Travaux
Société Immobilière de Gestion et de Location same network
SAMBRE ET MEUSE TRAVAUX same network
HERPAIN ENTREPRISE same network
€ 86.1 million revenue · 2025
HERPAIN same network
€ 2.2 million revenue · 2025
+21 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
- 0438.663.791
- VAT number
- BE 0438.663.791
- Registered office
- Beeldhouwerslaan 43, 1180 Ukkel
- Names & denominations
- HERPAIN INVESTISSEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1989
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
Handel in eigen onroerend goed
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis