Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 133.6 to 118.5.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
Henkens Frères from Welkenraedt, company number BE0402458344, closed financial year 2025 with a result of € 84,983 after tax. For that financial year Henkens Frères recorded revenue of € 21.1 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -1.4 million to € 84,983. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.
€ 1.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,983
▲ still € 1.4 million loss in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 6% 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 € 1.5 million.
People and assets in 2025
118.5
▼ 8.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.4 million
▼ 4% vs 2024
€ 62,700 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.
€ 167,609
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▲ 16% vs 2024
€ 605,386 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 766,936
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,877,608 | € 25,649,042 | € 18,246,701 | € 21,081,791 | ▲ 16% |
| Profit after taxes | € 103,842 | € 26,925 | € -1,425,506 | € 84,983 | ▲ € 1.5 million |
| Equity | € 2,932,912 | € 2,959,838 | € 1,534,332 | € 1,702,296 | ▲ 11% |
| Total debts | € 7,766,569 | € 9,902,842 | € 10,246,185 | € 11,256,455 | ▲ 10% |
| Cash | € 611,008 | € 963,934 | € 1,159,756 | € 1,092,485 | ▼ 6% |
| Land & buildings | € 22,943 | € 26,820 | € 27,378 | € 23,839 | ▼ 13% |
| Retained profit | € 2,828,994 | € 2,855,920 | € 1,430,414 | € 1,515,398 | ▲ 6% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,993,921 | € 2,946,810 | € 3,290,605 | € 3,832,979 | ▲ 16% |
| Balance sheet total | € 10,798,502 | € 12,948,488 | € 11,780,517 | € 12,958,751 | ▲ 10% |
| Employees (FTE) | 134.5 | 133.6 | 126.9 | 118.5 | ▼ 8.4 |
Key figures of Henkens Frères, 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 Henkens Frères?
What happened at Henkens Frères in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christian Bonaventure stepped down as director. NBB
- Michel Thérer stepped down as director. NBB
- Denis Richelle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 84,983. filed late Source: NBB ↗
- Christian Bonaventure became a director. NBB
- Michel Thérer became a director. NBB
- New establishment in Welkenraedt. KBO
- Denis Richelle became a director. NBB
In short
From € 103,842 profit in 2022 to € 84,983 profit in 2025.
Paid € 128,379 in corporate taxes since 2022.
Best year ever: 2022, with € 103,842 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of GMC Hg comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Henkens FrèresThe shares are held by GMC Hg (100%).
Directors
According to the 2025 annual accounts
Denis Richelle
Director
Also active at: Jean Del'cour, CLABOTS, SNEL GRAFICS, ASL MANAGEMENT, LARAL, LA TERRA, DEMICH, GMC Hg
since 2023 · until 2029
Michel Thérer
Director
since 2026 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Saint-Martin 6
4841 Welkenraedt
Rue Saint-Martin 2
4841 Welkenraedt
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0402.458.344
- VAT number
- BE 0402.458.344
- Registered office
- Rue Saint-Martin 6, 4841 Welkenraedt
- Names & denominations
- Henkens Frères
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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