Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HERMANO from Gent, company number BE0692555452, closed financial year 2025 with a result of € 1,260 after tax. For that financial year HERMANO recorded a gross margin of € 50,007 and equity of € 308,635. Compared with financial year 2024, the result moved from € 63,481 to € 1,260. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 308,635
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,260
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 2,259
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 290,085.
People and assets in 2025
€ 13,493
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 675,485
▲ € 639,538 vs 2024
€ 26,647 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 15,808
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,223
▼ 40% 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 | € 48,981 | € 82,068 | € 105,313 | € 50,007 | ▼ 53% |
| Profit after taxes | € 35,328 | € 60,389 | € 63,481 | € 1,260 | ▼ 98% |
| Equity | € 183,505 | € 243,893 | € 307,374 | € 308,635 | |
| Total debts | € 53,738 | € 76,556 | € 120,581 | € 850,724 | ▲ € 730,144 |
| Cash | € 3,685 | € 11,576 | € 27,435 | € 2,259 | ▼ 92% |
| Land & buildings | - | - | - | € 875,167 | |
| Retained profit | € 164,955 | € 225,343 | € 288,824 | € 290,085 | |
| Bank debt | € 373 | € 11 | € 35,948 | € 675,485 | ▲ € 639,538 |
| Balance sheet total | € 237,243 | € 320,450 | € 427,955 | € 1,159,359 | ▲ 171% |
Key figures of HERMANO, 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 HERMANO?
What happened at HERMANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,260 (▼ 98% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 35,328 profit in 2022 to € 1,260 profit in 2025.
Paid € 70,677 in corporate taxes since 2022.
Best year ever: 2024, with € 63,481 profit.
Management
Behind HERMANO are Cédric Engels and Julie D'Heygere. The same people are also behind THINK TOMATO. Cédric Engels is also behind ENGELS WOOD FACTORY, IMMO - 47, EDMOND, Sonhouse Flanders and Avista Aluminium.
Directors
According to the 2025 annual accounts
Cédric Engels
Director
Also active at: ENGELS WOOD FACTORY, IMMO - 47, EDMOND, Sonhouse Flanders, Avista Aluminium, COCOCINEL, THINK TOMATO, Sonhouse Wallonie +1 more
Establishments
Establishment units
Physical locations of this company
Overmeersstraat 1
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ENGELS Cédric Christophe Vera(oprichter) 100%
Details
- Company number
- 0692.555.452
- VAT number
- BE 0692.555.452
- Registered office
- Overmeersstraat 1, 9051 Gent
- Names & denominations
- HERMANO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2018
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering