Financials
Financial year 2025
HENRAD from Herentals, company number BE0433560207, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year HENRAD recorded revenue of € 35.1 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 788,652 to € 1.5 million. 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 June 30, 2026.
€ 1.4 million
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 93% vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
31.2
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 4% vs 2024
€ 118,300 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.
€ 101,479
▲ 66% 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.
€ 8.1 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 750,062
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,680,069 | € 32,653,480 | € 34,673,706 | € 35,051,686 | ▲ 1% |
| Profit after taxes | € 1,968,421 | € 331,033 | € 788,652 | € 1,522,153 | ▲ 93% |
| Equity | € 989,473 | € 1,020,506 | € 909,158 | € 1,431,311 | ▲ 57% |
| Total debts | € 11,880,877 | € 8,716,950 | € 8,932,585 | € 9,848,557 | ▲ 10% |
| Cash | € 3,459,579 | € 3,457,201 | € 1,355,886 | € 1,851,407 | ▲ 37% |
| Land & buildings | € 189,230 | € 171,078 | € 154,162 | € 137,613 | ▼ 11% |
| Retained profit | € 189,473 | € 220,506 | € 109,158 | € 631,311 | ▲ € 522,153 |
| Dividend | € 3,000,000 | € 300,000 | € 900,000 | € 1,000,000 | ▲ 11% |
| Balance sheet total | € 12,879,085 | € 9,737,457 | € 9,841,743 | € 11,279,868 | ▲ 15% |
| Employees (FTE) | 34.5 | 33.7 | 30.4 | 31.2 | ▲ 0.8 |
Key figures of HENRAD, 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 HENRAD?
What happened at HENRAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harvey TREVOR stepped down as director. NBB
- Leigh Wilcox stepped down as director. NBB
- Jan PEETERS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 93% vs 2024). Source: NBB ↗
- Harvey TREVOR became a director. NBB
- Leigh Wilcox became a director. NBB
- Jan PEETERS became a director. NBB
- New establishment in Herentals. KBO
In short
From € 2 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Paid out € 5.2 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Harvey TREVOR
Director
since 2025 · until 2031
Jan PEETERS
Director
since 2021 · until 2027
Leigh Wilcox
Director
since 2024 · until 2029
Establishments
Establishment units
Physical locations of this company
Welvaartstraat (HRT) 14 box 6
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.560.207
- VAT number
- BE 0433.560.207
- Registered office
- Welvaartstraat (HRT) 14 bus 6, 2200 Herentals
- Names & denominations
- HENRAD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming