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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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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Herkenrode Development from Hasselt, company number BE0652781195, closed financial year 2025 with a result of € 786,819 after tax. For that financial year Herkenrode Development recorded revenue of € 5.6 million and equity of € 2 million. Compared with financial year 2024, the result moved from € -60,533 to € 786,819. Profitable, and profit is growing. 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 June 22, 2026.
€ 2 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 786,819
▲ still € 60,533 loss in 2024
Profit after tax over the fiscal year.
€ 748,143
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 264,949
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,717,410 | € 17,299,054 | € 175,271 | € 5,596,060 | ▲ € 5.4 million |
| Profit after taxes | € 2,569,899 | € 256,591 | € -60,533 | € 786,819 | ▲ € 847,352 |
| Equity | € 2,447,022 | € 2,703,614 | € 2,643,081 | € 2,029,900 | ▼ 23% |
| Total debts | € 15,113,658 | € 583,267 | € 2,074,008 | € 1,664,956 | ▼ 20% |
| Cash | € 168,407 | € 35,093 | € 873,360 | € 748,143 | ▼ 14% |
| Retained profit | € 847,022 | € 1,103,614 | € 1,043,081 | € 429,900 | ▼ 59% |
| Dividend | € 2,000,000 | € 0 | € 0 | € 1,400,000 | |
| Balance sheet total | € 17,560,681 | € 3,286,880 | € 4,717,089 | € 3,694,856 | ▼ 22% |
Key figures of Herkenrode Development, 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 Herkenrode Development?
What happened at Herkenrode Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Binpro BV stepped down as director. NBB
- Freyance BV stepped down as director. NBB
- Ciril NV stepped down as director. NBB
- PVMA BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 786,819. Source: NBB ↗
- Binpro BV became a director. NBB
- Freyance BV became a director. NBB
- Ciril NV became a director. NBB
In short
From € 2.6 million profit in 2022 to € 786,819 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.6 million profit.
Paid out € 3.4 million in dividends to the owners in total.
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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 Futurn, CIRIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Herkenrode DevelopmentThe shares are held by Futurn (50%) and CIRIL (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by Gunther Biddelo
Also active at: Futurn Pro, Futurn K1, STEEN III, Futurn C, Back to the Futurn, Futurn Nostra, Fosbury and Sons BXL Alfons, Futurn Holding +7 more
since 2022 · until 2028
Director · represented by Pieter Vanhout
Also active at: Craeyenhof, CIRIL, DOK DEVELOPMENT, S3H, DEMCOR, DEMOCO GROUP, BONNEFANT, Trias BEL Souverain - T +10 more
since 2021 · until 2027
Director · represented by Frederik Baert
Also active at: Futurn Pro, Futurn K1, STEEN III, Futurn C, Back to the Futurn, Futurn Nostra, Fosbury and Sons BXL Alfons, Futurn Holding +8 more
since 2022 · until 2028
Managing director · represented by Philip Demot
Also active at: Craeyenhof, DOK DEVELOPMENT, S3H, BONNEFANT, Trias BEL Souverain - T, DAM 71, Craeyenhof Properties, Leopoldskazerne +12 more
since 2022 · until 2028
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 4B
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →Craeyenhof same network
HERK&RED
€ 1.7 million revenue · 2025
CIRIL same network
€ 22 million revenue · 2025
DEMOCO
€ 188.3 million revenue · 2025
DOK DEVELOPMENT same network
€ 687,000 revenue · 2025
+39 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
- 0652.781.195
- VAT number
- BE 0652.781.195
- Registered office
- Herkenrodesingel 4B, 3500 Hasselt
- Names & denominations
- Herkenrode Development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2016
- Peppol
- Active · Active since 8 Jul 2025
- Activities · NACE
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