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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Algemene Elektriciteitswerken Hermans from Houthalen-Helchteren, company number BE0463372760, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Algemene Elektriciteitswerken Hermans recorded a gross margin of € 3 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.3 million. The company is profitable. 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 July 1, 2026.
€ 4.2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 795,027
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 550,000 paid out
41 % of the profit went to the shareholders, mostly to HVB INVEST (62 % of the shares). That is where the money ends up.
People and assets in 2025
17.2
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 998,618
▲ 12% vs 2024
€ 58,100 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.
€ 228,612
▼ 30% vs 2024
Of which on lease € 86,680.
Debts at end 2025
€ 395,401
▼ 34% vs 2024
€ 154,969 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 340,415
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 287,288
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,029,599 | € 1,868,622 | € 3,263,019 | € 2,977,257 | ▼ 9% |
| Profit after taxes | € 828,970 | € 562,498 | € 1,708,228 | € 1,335,790 | ▼ 22% |
| Equity | € 2,588,824 | € 3,151,321 | € 4,504,549 | € 4,201,231 | ▼ 7% |
| Total debts | € 1,072,630 | € 1,354,253 | € 1,509,774 | € 1,082,957 | ▼ 28% |
| Cash | € 1,337,077 | € 766,080 | € 603,968 | € 795,027 | ▲ 32% |
| Land & buildings | € 822,222 | € 750,270 | € 679,963 | € 609,644 | ▼ 10% |
| Retained profit | € 2,543,306 | € 3,105,804 | € 4,459,032 | € 4,155,713 | ▼ 7% |
| Dividend | € 530,000 | € 0 | € 355,000 | € 550,000 | ▲ 55% |
| Bank debt | € 571,652 | € 664,278 | € 598,438 | € 395,401 | ▼ 34% |
| Balance sheet total | € 3,661,454 | € 4,505,575 | € 6,014,323 | € 5,284,188 | ▼ 12% |
| Employees (FTE) | 15.1 | 15.4 | 17 | 17.2 | ▲ 0.2 |
Key figures of Algemene Elektriciteitswerken Hermans, 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 Algemene Elektriciteitswerken Hermans?
What happened at Algemene Elektriciteitswerken Hermans in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 828,970 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.7 million profit.
On average € 173,100 of value added per employee in 2025.
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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 HVB INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Algemene Elektriciteitswerken HermansBehind Algemene Elektriciteitswerken Hermans is HVB INVEST BV. The shares are held by HVB INVEST (62.4%).
Directors
According to the 2025 annual accounts
Director · represented by Hermans Erwin
Shareholders
62.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 3036
3530 Houthalen-Helchteren
Industriepark Centrum-Zuid 3036
3530 Houthalen-Helchteren
Active since 13 August 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.372.760
- VAT number
- BE 0463.372.760
- Registered office
- Centrum-Zuid 3036, 3530 Houthalen-Helchteren
- Names & denominations
- Algemene Elektriciteitswerken Hermans
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1998
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie