Financials
Financial year 2025
HERMANS ETABLISSEMENTEN from Hasselt, company number BE0441224690, closed financial year 2025 with a result of € 233,225 after tax. For that financial year HERMANS ETABLISSEMENTEN recorded revenue of € 111.1 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 222,388 to € 233,225. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 4.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,225
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 385,499
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
86 % of the profit went to the shareholders, mostly to SAAEM Belgium (100 % of the shares). That is where the money ends up.
People and assets in 2025
112.8
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.3 million
▼ 3% vs 2024
€ 73,700 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.
€ 91,832
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.2 million
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 5 million
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 2.8 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 85,937,293 | € 111,022,281 | € 109,250,961 | € 111,148,093 | ▲ 2% |
| Profit after taxes | € 1,071,143 | € 962,448 | € 222,388 | € 233,225 | ▲ 5% |
| Equity | € 6,777,297 | € 6,739,745 | € 4,591,921 | € 4,625,146 | ▲ 1% |
| Total debts | € 15,514,333 | € 19,697,212 | € 20,724,279 | € 13,869,495 | ▼ 33% |
| Cash | € 3,272,311 | € 1,953,476 | € 317,778 | € 385,499 | ▲ 21% |
| Land & buildings | € 1,118,283 | € 1,420,212 | - | - | |
| Retained profit | € 4,783,256 | € 4,745,704 | € 3,018,068 | € 3,051,293 | ▲ 1% |
| Dividend | € 300,000 | € 1,000,000 | € 950,000 | € 200,000 | ▼ 79% |
| Bank debt | € 5,065,773 | € 10,592,447 | € 5,941,691 | € 5,170,011 | ▼ 13% |
| Balance sheet total | € 22,412,868 | € 26,550,396 | € 25,390,542 | € 18,558,689 | ▼ 27% |
| Employees (FTE) | 116.3 | 113.1 | 115 | 112.8 | ▼ 2.2 |
Key figures of HERMANS ETABLISSEMENTEN, 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 HERMANS ETABLISSEMENTEN?
What happened at HERMANS ETABLISSEMENTEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SAAEM SA stepped down as director. NBB
- Antoine de Harlez de Deulin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 233,225 (▲ 5% vs 2024). Source: NBB ↗
- SAAEM SA became a director. NBB
- Antoine de Harlez de Deulin became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 233,225 profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Paid out € 2.5 million in dividends to the owners in total.
A new publication or filing at HERMANS ETABLISSEMENTEN? We notify you, reason included.
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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 stake of SAAEM Belgium, GROEP JAM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HERMANS ETABLISSEMENTENThe shares are held by SAAEM Belgium (100%) and GROEP JAM (100%).
Directors
According to the 2025 annual accounts
SAAEM SA
Managing director · represented by Benoît Catelin
Also active at: GARAGE MODERN, GARAGE PAUWELS, REVISIEBEDRIJF CLAES & ZONEN, EURO-TRUCKS CLAES, EURO-TRUCKS RENTING, LIMBURGSE VERHUURMAATSCHAPPIJ, Claes & Zonen, TB +10 more
since 2023 · until 2029
Antoine de Harlez de Deulin
Managing director
Also active at: IMMO WEST 1, GARAGE MODERN, GARAGE PAUWELS, Maurin Immo East II, REVISIEBEDRIJF CLAES & ZONEN, EURO-TRUCKS CLAES, EURO-TRUCKS RENTING, LIMBURGSE VERHUURMAATSCHAPPIJ +15 more
since 2023 · until 2029
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Voogdijstraat 25
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.224.690
- VAT number
- BE 0441.224.690
- Registered office
- Voogdijstraat 25, 3500 Hasselt
- Names & denominations
- HERMANS ETABLISSEMENTEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1990
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)