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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hertz Projects from Brasschaat, company number BE0768246631, closed financial year 2025 with a result of € -2,066 after tax. For that financial year Hertz Projects recorded a gross margin of € 15,123 and equity of € -22,776. Compared with financial year 2024, the result moved from € 420 to € -2,066. 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 February 26, 2026.
€ -22,776
▼ € 2,066 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,066
▼ still € 420 profit in 2024
Profit after tax over the fiscal year.
€ 610
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,776.
Debts at end 2025
€ 285,751
▼ 7% vs 2024
€ 22,630 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 8,661
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,685
▲ € 2,624 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 | € 35,203 | € 1,020 | € 17,569 | € 15,123 | ▼ 14% |
| Profit after taxes | € 4,245 | € -40,375 | € 420 | € -2,066 | ▼ € 2,486 |
| Equity | € 19,245 | € -21,130 | € -20,710 | € -22,776 | ▼ € 2,066 |
| Total debts | € 446,844 | € 421,534 | € 381,406 | € 366,679 | ▼ 4% |
| Cash | € 13,386 | € 9,840 | € 13,272 | € 610 | ▼ 95% |
| Land & buildings | € 375,788 | € 351,037 | € 344,624 | € 336,615 | ▼ 2% |
| Retained profit | € 4,245 | € -36,130 | € -35,710 | € -37,776 | ▼ € 2,066 |
| Bank debt | € 325,672 | € 329,682 | € 307,940 | € 285,751 | ▼ 7% |
| Balance sheet total | € 466,089 | € 400,404 | € 360,696 | € 343,903 | ▼ 5% |
Key figures of Hertz Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Hertz Projects?
What happened at Hertz Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,066 (▼ € 2,486 vs 2024). filed late Source: NBB ↗
- New establishment in Brasschaat. KBO
- Dries Jespers became a director. NBB
- Bob Janssens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,245 profit in 2022 to € 2,066 loss in 2025.
Paid € 1,950 in corporate taxes since 2022.
Best year ever: 2022, with € 4,245 profit.
Management
Behind Hertz Projects are Dries Jespers and Bob Janssens. Bob Janssens is also behind HERTZ.
Directors
According to the 2025 annual accounts
Dries Jespers
Director
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Schagendreef 11
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0768.246.631
- VAT number
- BE 0768.246.631
- Registered office
- Schagendreef 11, 2930 Brasschaat
- Names & denominations
- Hertz Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2021
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Algemene bouw van residentiële gebouwen
Overige bouwinstallatie, n.e.g.