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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hermans Recycling from Buggenhout, company number BE0779361148, closed financial year 2025 with a result of € 69 after tax. For that financial year Hermans Recycling recorded a gross margin of € 80,433 and equity of € 67,568. Compared with financial year 2024, the result moved from € 5,899 to € 69. 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 31, 2026.
€ 67,568
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 63,375
▲ 262% 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 € 57,568.
People and assets in 2025
€ 3,140
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,854
▼ 20% vs 2024
€ 42,152 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 96,933
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,240
▼ 59% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,637 | € 75,712 | € 79,232 | € 80,433 | ▲ 2% |
| Profit after taxes | € 45,322 | € 6,278 | € 5,899 | € 69 | ▼ 99% |
| Equity | € 55,322 | € 61,600 | € 67,499 | € 67,568 | |
| Total debts | € 436,988 | € 374,547 | € 285,398 | € 271,269 | ▼ 5% |
| Cash | € 109,055 | € 0 | € 17,491 | € 63,375 | ▲ 262% |
| Retained profit | € 45,322 | € 51,600 | € 57,499 | € 57,568 | |
| Bank debt | € 188,514 | € 146,565 | € 105,565 | € 84,854 | ▼ 20% |
| Balance sheet total | € 492,310 | € 436,147 | € 352,897 | € 338,837 | ▼ 4% |
Key figures of Hermans Recycling, 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 Hermans Recycling?
What happened at Hermans Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69 (▼ 99% vs 2024). filed late Source: NBB ↗
- Michel Hermans became a director. NBB
- New establishment in Buggenhout. KBO
- Gunther Hermans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 45,322 profit in 2022 to € 69 profit in 2025.
Paid € 23,127 in corporate taxes since 2022.
Best year ever: 2022, with € 45,322 profit.
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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
Behind Hermans Recycling are Michel Hermans and Gunther Hermans.
Directors
According to the 2025 annual accounts
Michel Hermans
Director
since 2022
Gunther Hermans
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 223-R
9255 Buggenhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-UNIXSOLUTIONS Unix-Solutions Network, BE
Website info
Features
Security
Details
- Company number
- 0779.361.148
- VAT number
- BE 0779.361.148
- Registered office
- Kasteelstraat 223-R, 9255 Buggenhout
- Names & denominations
- Hermans Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2021
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- hermansrecycling.be
- Activities · NACE
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