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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HERDEFCO from Quiévrain, company number BE0453308714, closed financial year 2025 with a result of € -3,037 after tax. For that financial year HERDEFCO recorded a gross margin of € 887,780 and equity of € -14,504. Compared with financial year 2024, the result moved from € -76,273 to € -3,037. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ -14,504
▼ € 3,037 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,037
▲ 96 % less loss than in 2024
Profit after tax over the fiscal year.
€ 99,402
▲ 106% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -76,504.
People and assets in 2025
15.4
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 645,392
▲ 6% vs 2024
€ 41,900 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.
€ 5,847
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 636,733
▼ 15% vs 2024
€ 141,105 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 968,721
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,085
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 482,127 | € 812,549 | € 786,523 | € 887,780 | ▲ 13% |
| Profit after taxes | € -181,734 | € -4,752 | € -76,273 | € -3,037 | ▲ € 73,236 |
| Equity | € 69,557 | € 64,806 | € -11,467 | € -14,504 | ▼ € 3,037 |
| Total debts | € 2,554,583 | € 2,265,182 | € 2,136,682 | € 2,070,540 | ▼ 3% |
| Cash | € 162,499 | € 95,198 | € 48,365 | € 99,402 | ▲ 106% |
| Retained profit | € 7,557 | € 2,806 | € -73,467 | € -76,504 | ▼ € 3,037 |
| Bank debt | € 951,690 | € 854,748 | € 747,508 | € 636,733 | ▼ 15% |
| Balance sheet total | € 2,624,140 | € 2,329,988 | € 2,125,214 | € 2,056,036 | ▼ 3% |
| Employees (FTE) | 17 | 15.7 | 15.6 | 15.4 | ▼ 0.2 |
Key figures of HERDEFCO, 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 December 2026.
What happened to HERDEFCO?
What happened at HERDEFCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,037. Source: NBB ↗
- New establishment in Quiévrain. KBO
- Start of the company according to the CBE. KBO
In short
From € 181,734 loss in 2022 to € 3,037 loss in 2025.
On average € 57,600 of value added per employee in 2025.
Management
The stake of AQUIDIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HERDEFCOBehind HERDEFCO are DESERANNO NV and AQUIDIS SRL. The shares are held by AQUIDIS (49%).
Directors
According to the 2025 annual accounts
Director · represented by Foucart HERMAN
Also active at: GROENE VALLEI RETAIL, Dampoort Retail
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Grande 35
7380 Quiévrain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0453.308.714
- VAT number
- BE 0453.308.714
- Registered office
- Rue Grande 35, 7380 Quiévrain
- Names & denominations
- HERDEFCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1994
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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Detailhandel in drogisterijartikelen en onderhoudsproducten
Detailhandel in huishoudtextiel en beddengoed
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