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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRIET HERMAN from Kortrijk, company number BE0872850045, closed financial year 2025 with a result of € 5,653 after tax. For that financial year GRIET HERMAN recorded a gross margin of € 9,962 and equity of € 304,416. Compared with financial year 2024, the result moved from € 24,469 to € 5,653. The company is profitable. 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 August 5, 2026.
€ 304,416
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,653
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 1,728
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 28,116 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,129
▲ 204% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,343
▼ 25% 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 | € 167,372 | € 105,336 | € 37,015 | € 9,962 | ▼ 73% |
| Profit after taxes | € 112,116 | € 72,843 | € 24,469 | € 5,653 | ▼ 77% |
| Equity | € 248,273 | € 321,116 | € 326,879 | € 304,416 | ▼ 7% |
| Total debts | € 140,477 | € 162,396 | € 56,336 | € 90,101 | ▲ 60% |
| Cash | € 5,371 | € 11,721 | € 8,898 | € 1,728 | ▼ 81% |
| Retained profit | € 242,073 | € 314,916 | € 320,679 | € 298,216 | ▼ 7% |
| Dividend | € 0 | € 0 | € 18,706 | € 28,116 | ▲ 50% |
| Bank debt | € 22,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 388,750 | € 483,512 | € 383,215 | € 394,518 | ▲ 3% |
Key figures of GRIET HERMAN, 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 GRIET HERMAN?
What happened at GRIET HERMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,653 (▼ 77% vs 2024). filed late Source: NBB ↗
- Nico DE RUDDER became a director. NBB
- New establishment in Menen. KBO
- Griet Theresia HERMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 112,116 profit in 2022 to € 5,653 profit in 2025.
Paid € 93,789 in corporate taxes since 2022.
Best year ever: 2022, with € 112,116 profit.
Paid out € 46,822 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
Behind GRIET HERMAN are Griet Theresia HERMAN and Nico DE RUDDER. The same people are also behind GUIDO HERMAN STYLING and HERMAN VASTGOED.
Directors
According to the 2025 annual accounts
since 2005
since 2010
Establishments
Establishment units
Physical locations of this company
Eikendreef(Rol) 19
8510 Kortrijk
Lauwbergstraat 141 box A
8930 Menen
Active since 1 April 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0872.850.045
- VAT number
- BE 0872.850.045
- Registered office
- Eikendreef(Rol) 19, 8510 Kortrijk
- Names & denominations
- GRIET HERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van interieurarchitecten
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.