Financials
Financial year 2025
HERTCO from Gent, company number BE1006543264, closed financial year 2025 with a result of € 92,002 after tax. For that financial year HERTCO recorded a gross margin of € 135,242 and equity of € 126,295. Compared with financial year 2024, the result moved from € 29,293 to € 92,002. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 25, 2026.
€ 126,295
▲ 268% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 92,002
▲ 214% vs 2024
Profit after tax over the fiscal year.
€ 150,159
▲ € 117,635 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 € 121,295.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,710
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 38
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,293
▲ 269% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 43,856 | € 135,242 | ▲ 208% |
| Profit after taxes | € 29,293 | € 92,002 | ▲ 214% |
| Equity | € 34,293 | € 126,295 | ▲ 268% |
| Total debts | € 21,962 | € 43,704 | ▲ 99% |
| Cash | € 32,524 | € 150,159 | ▲ € 117,635 |
| Retained profit | € 29,293 | € 121,295 | ▲ € 92,002 |
| Balance sheet total | € 56,255 | € 169,999 | ▲ 202% |
Key figures of HERTCO, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HERTCO?
What happened at HERTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 92,002 (▲ 214% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 29,293 profit in 2024 to € 92,002 profit in 2025.
Paid € 48,902 in corporate taxes since 2024.
Best year ever: 2025, with € 92,002 profit.
Management
Behind HERTCO is Hendrik Oyaert.
Directors
According to the 2025 annual accounts
Hendrik Oyaert
Director
Establishments
Establishment units
Physical locations of this company
Kroonprinsstraat 17
9031 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 ↗- OYAERT, Hendrik Ides Kris(oprichter) 100%
Details
- Company number
- 1006.543.264
- VAT number
- BE 1006.543.264
- Registered office
- Kroonprinsstraat 17, 9031 Gent
- Names & denominations
- HERTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2024
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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