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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HERNOULD from Antoing, company number BE0536807797, closed financial year 2025 with a result of € -9,781 after tax. For that financial year HERNOULD recorded a gross margin of € 626,990 and equity of € 278,196. Compared with financial year 2024, the result moved from € 50,398 to € -9,781. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 278,196
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,781
▼ still € 50,398 profit in 2024
Profit after tax over the fiscal year.
€ 126,673
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 131,196.
People and assets in 2025
10.8
Average over the fiscal year, from the social balance sheet.
€ 529,175
▲ 6% vs 2024
€ 49,000 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.
€ 42,236
▲ € 38,666 vs 2024
Of which on lease € 34,732.
Debts at end 2025
€ 1 million
▲ 60% vs 2024
€ 86,653 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 104,675
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,566
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 514,955 | € 489,887 | € 610,916 | € 626,990 | ▲ 3% |
| Profit after taxes | € 39,995 | € -19,357 | € 50,398 | € -9,781 | ▼ € 60,179 |
| Equity | € 256,936 | € 237,579 | € 287,977 | € 278,196 | ▼ 3% |
| Total debts | € 654,987 | € 1,287,057 | € 1,278,531 | € 1,770,021 | ▲ 38% |
| Cash | € 157,981 | € 83,298 | € 96,929 | € 126,673 | ▲ 31% |
| Land & buildings | € 53,087 | € 705,500 | € 674,418 | € 996,994 | ▲ 48% |
| Retained profit | € 109,936 | € 90,579 | € 140,977 | € 131,196 | ▼ 7% |
| Bank debt | € 75,000 | € 669,951 | € 638,916 | € 1,023,234 | ▲ 60% |
| Balance sheet total | € 911,923 | € 1,524,636 | € 1,566,508 | € 2,048,217 | ▲ 31% |
| Employees (FTE) | 10 | 10 | 0 | 10.8 |
Key figures of HERNOULD, 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 HERNOULD?
What happened at HERNOULD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,781 (▼ € 60,179 vs 2024). Source: NBB ↗
- Francis Omer Hernould became a director. NBB
- Claudine Julienne Ghyselings became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Tournai. KBO
- New establishment in Antoing. KBO
- New establishment in Ath. KBO
In short
From € 39,995 profit in 2022 to € 9,781 loss in 2025.
Paid € 13,880 in corporate taxes since 2022.
Best year ever: 2024, with € 50,398 profit.
On average € 58,100 of value added per employee in 2025.
Management
Behind HERNOULD are Francis Omer Hernould and Claudine Julienne Ghyselings. The same people are also behind IMMO GH.
Establishments
Establishment units
Physical locations of this company
Boulevard de l'Eglise 11
7640 Antoing
Place du Préau 7
7640 Antoing
Active since 1 April 2005
Rue Gérard Dubois 52
7800 Ath
Active since 1 April 2005
Rue de la Wallonie(TOU) 28
7500 Tournai
Active since 6 November 2008
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
- 0536.807.797
- VAT number
- BE 0536.807.797
- Registered office
- Boulevard de l'Eglise 11, 7640 Antoing
- Names & denominations
- HERNOULD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2013
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Detailhandel in uurwerken en sieraden
Reparatie en onderhoud van uurwerken en sieraden
Groothandel in uurwerken en sieraden
Groothandel in lederwaren en reisartikelen
Detailhandel in andere huishoudelijke artikelen, neg
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.