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 9.8 to 7.2.
Financials
Financial year 2025
HENRY ET MERSCH, CABINET D'AVOCATS from Liège, company number BE0435388854, closed financial year 2025 with a result of € 735,311 after tax. For that financial year HENRY ET MERSCH, CABINET D'AVOCATS recorded a gross margin of € 1.2 million and equity of € 752,925. Compared with financial year 2024, the result moved from € 976,187 to € 735,311. The company is profitable. 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 August 31, 2026.
€ 752,925
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 735,311
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 678,173 paid out
92 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 350,996
▼ 29% vs 2024
€ 48,700 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.
€ 49,864
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 249,703
▼ 31% vs 2024
€ 110,615 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 139,358
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,936
▼ 73% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,404,531 | € 1,352,035 | € 1,564,704 | € 1,197,666 | ▼ 23% |
| Profit after taxes | € 813,489 | € 747,002 | € 976,187 | € 735,311 | ▼ 25% |
| Equity | € 601,253 | € 625,025 | € 695,292 | € 752,925 | ▲ 8% |
| Total debts | € 2,107,538 | € 1,705,704 | € 1,934,434 | € 1,358,956 | ▼ 30% |
| Cash | € 1,791,313 | € 1,508,457 | € 1,689,814 | € 1,331,126 | ▼ 21% |
| Land & buildings | € 272,742 | € 262,895 | € 253,048 | € 181,831 | ▼ 28% |
| Retained profit | € 263,041 | € 286,317 | € 356,088 | € 413,226 | ▲ 16% |
| Dividend | € 677,970 | € 723,726 | € 906,416 | € 678,173 | ▼ 25% |
| Bank debt | € 571,280 | € 468,881 | € 362,186 | € 249,703 | ▼ 31% |
| Balance sheet total | € 2,708,791 | € 2,330,729 | € 2,629,726 | € 2,111,881 | ▼ 20% |
| Employees (FTE) | 10.7 | 9.8 | 8 | 7.2 | ▼ 0.8 |
Key figures of HENRY ET MERSCH, CABINET D'AVOCATS, 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 HENRY ET MERSCH, CABINET D'AVOCATS?
What happened at HENRY ET MERSCH, CABINET D'AVOCATS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 735,311 (▼ 25% vs 2024). filed late Source: NBB ↗
- Raphaël DAVIN stepped down as director. NBB
- BENLEX became a director. NBB
- MALHAIM MANAGMENT became a director. NBB
- JuNe Law became a director. NBB
- Stéphane GOTHOT became a director. NBB
- Edouard FRANCK SRL became a director. NBB
- FRANCOIS MINON became a director. NBB
In short
From € 813,489 profit in 2022 to € 735,311 profit in 2025.
Paid € 109,248 in corporate taxes since 2022.
Best year ever: 2024, with € 976,187 profit.
On average € 166,300 of value added per employee in 2025.
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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 HENRY ET MERSCH, CABINET D'AVOCATS are FRANCOIS MINON, La.Winch, Jean-Marc SECRETIN, NINANE LEX, Edouard FRANCK SRL and Yves GODFROID.
Directors
According to the 2025 annual accounts
Director · represented by François MINON
since 2017
Managing director · represented by Laurent WINKIN
since 2017
Managing director · represented by Jean-Marc SECRETIN
since 2017
Director · represented by Sébastien NINANE
Managing director
since 2020
Yves GODFROID
Director
since 2017
Director · represented by Benoit Hanot
since 2025
Anne DETILLEUX
Director
since 2017
Director · represented by Bernard MAQUET
since 2024
Managing director · represented by Julie NEURAY
since 2022
Stéphane GOTHOT
Chairman of the board
since 2021
Joëlle WILLEMS
Director
since 2017
Raphaël DAVIN
Director
since 2017 · until 2025
Establishments
Establishment units
Physical locations of this company
Rue des Augustins 32
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.388.854
- VAT number
- BE 0435.388.854
- Registered office
- Rue des Augustins 32, 4000 Liège
- Names & denominations
- HENRY ET MERSCH, CABINET D'AVOCATS
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 1 September 1988
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Activiteiten van advocaten
Advocatenkantoor en juridische adviseurs