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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HERCHA from Ieper, company number BE0451892118, closed financial year 2025 with a result of € 421,172 after tax. For that financial year HERCHA recorded a gross margin of € 1.3 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 414,648 to € 421,172. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 3.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 421,172
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 29,382
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,092 paid out
95 % of the profit went to the shareholders, mostly to FABACO (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 2.3 million
▼ 20% vs 2024
€ 500,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19,800
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,102,311 | € 1,208,273 | € 1,212,143 | € 1,253,304 | ▲ 3% |
| Profit after taxes | € 348,343 | € 416,077 | € 414,648 | € 421,172 | ▲ 2% |
| Equity | € 3,857,908 | € 3,878,298 | € 3,898,691 | € 3,919,482 | ▲ 1% |
| Total debts | € 4,144,829 | € 3,838,081 | € 3,273,700 | € 2,706,487 | ▼ 17% |
| Cash | € 215,939 | € 397,370 | € 230,097 | € 29,382 | ▼ 87% |
| Land & buildings | € 7,710,476 | € 7,211,622 | € 6,689,381 | € 6,461,815 | ▼ 3% |
| Retained profit | € 888,974 | € 909,652 | € 930,334 | € 951,414 | ▲ 2% |
| Dividend | € 330,700 | € 395,398 | € 393,966 | € 400,092 | ▲ 2% |
| Bank debt | € 3,750,033 | € 3,250,000 | € 2,852,279 | € 2,285,574 | ▼ 20% |
| Balance sheet total | € 8,006,525 | € 7,719,963 | € 7,175,773 | € 6,629,149 | ▼ 8% |
Key figures of HERCHA, 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 HERCHA?
What happened at HERCHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 421,172 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 348,343 profit in 2022 to € 421,172 profit in 2025.
Paid € 526,626 in corporate taxes since 2022.
Best year ever: 2025, with € 421,172 profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
The stake of FABACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HERCHABehind HERCHA are Fabaco BV, Emvico BV and Colette KINGET. The shares are held by FABACO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bart D'HULSTER
Also active at: SKT, DATAPOLIS, YPES, YPESTATE, SKT SERVICE, DAT-ESTATE
Director · represented by Bart BAUTERS
Also active at: SKT, DATAPOLIS, SKT SERVICE, DAT-ESTATE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Potijzestraat 42
8900 Ieper
Potijzestraat 26
8900 Ieper
Active since 2 February 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →SKT same network
€ 49.1 million revenue · 2025
DATAPOLIS same network
€ 2 million gross margin · 2025
YPESTATE same network
€ 375,348 gross margin · 2025
SKT SERVICE same network
€ 10.7 million revenue · 2025
FABACO same network
€ 4.9 million revenue · 2025
+3 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
- 0451.892.118
- VAT number
- BE 0451.892.118
- Registered office
- Potijzestraat 42, 8900 Ieper
- Names & denominations
- HERCHA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1993
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis