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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HERSTAL DISCOUNT from Herstal, company number BE0862265761, closed financial year 2025 with a result of € -48,357 after tax. For that financial year HERSTAL DISCOUNT recorded a gross margin of € 1.2 million and equity of € -416,138. Compared with financial year 2024, the result moved from € -548,334 to € -48,357. 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 September 9, 2026.
€ -416,138
▼ € 48,357 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,357
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 272,258
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -516,138.
People and assets in 2025
22.7
▲ 11.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 777,398
▲ 68% vs 2024
€ 34,200 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.
€ 272,665
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 9% vs 2024
€ 704,106 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,317
▲ 99% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -69,085 | € 93,313 | € 163,539 | € 1,211,461 | ▲ € 1 million |
| Profit after taxes | € -575,781 | € -411,442 | € -548,334 | € -48,357 | ▲ € 499,977 |
| Equity | € 591,995 | € 180,553 | € -367,781 | € -416,138 | ▼ € 48,357 |
| Total debts | € 1,197,982 | € 987,936 | € 3,840,012 | € 3,713,646 | ▼ 3% |
| Cash | € 76,956 | € 103,074 | € 407,961 | € 272,258 | ▼ 33% |
| Land & buildings | - | - | € 672,201 | € 597,157 | ▼ 11% |
| Retained profit | € 491,995 | € 80,553 | € -467,781 | € -516,138 | ▼ € 48,357 |
| Bank debt | € 178,724 | € 128,434 | € 2,233,528 | € 2,426,986 | ▲ 9% |
| Balance sheet total | € 1,790,665 | € 1,169,176 | € 3,472,231 | € 3,297,508 | ▼ 5% |
| Employees (FTE) | 8.6 | 7.7 | 11 | 22.7 | ▲ 11.7 |
Key figures of HERSTAL DISCOUNT, 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 HERSTAL DISCOUNT?
What happened at HERSTAL DISCOUNT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,357. filed late Source: NBB ↗
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 575,781 loss in 2022 to € 48,357 loss in 2025.
Paid € 576 in corporate taxes since 2022.
On average € 53,400 of value added per employee in 2025.
Management
The stake of I.T.M. BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HERSTAL DISCOUNTBehind HERSTAL DISCOUNT is Andy PLAIRE. The shares are held by I.T.M. BELGIUM (0%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Ernest Solvay 90
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.265.761
- VAT number
- BE 0862.265.761
- Registered office
- Rue Ernest Solvay 90, 4040 Herstal
- Names & denominations
- HERSTAL DISCOUNT · HD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2003
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)