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 4.7 to 3.2.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS from Brussel, company number BE0683499711, closed financial year 2025 with a result of € 40,687 after tax. For that financial year FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS recorded a gross margin of € 663,501 and equity of € 45,000. Compared with financial year 2024, the result moved from € 30,217 to € 40,687. Profitable, and profit is growing. The buffer shrank hard: equity is 65 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 45,000
▼ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,687
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 4.6 million
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 123,733 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
3.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 253,327
▼ 8% vs 2024
€ 79,200 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.
€ 29,972
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 293,911
▼ 40% vs 2024
€ 58,933 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4.4 million
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 308,134
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 676,665 | € 776,722 | € 595,890 | € 663,501 | ▲ 11% |
| Profit after taxes | € -41,367 | € 71,352 | € 30,217 | € 40,687 | ▲ 35% |
| Equity | € 151,298 | € 132,828 | € 128,046 | € 45,000 | ▼ 65% |
| Total debts | € 7,666,924 | € 7,938,167 | € 10,613,156 | € 5,421,547 | ▼ 49% |
| Cash | € 5,951,667 | € 6,509,859 | € 9,699,790 | € 4,555,669 | ▼ 53% |
| Retained profit | € 101,298 | € 82,828 | € 83,046 | € 0 | ▼ 100% |
| Dividend | € 0 | € 89,823 | € 30,000 | € 123,733 | ▲ € 93,733 |
| Bank debt | € 1,161,063 | € 825,986 | € 490,908 | € 293,911 | ▼ 40% |
| Balance sheet total | € 7,818,223 | € 8,070,995 | € 10,741,202 | € 5,466,547 | ▼ 49% |
| Employees (FTE) | 6.5 | 4.7 | 3.6 | 3.2 | ▼ 0.4 |
Key figures of FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS, 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 FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS?
What happened at FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,687 (▲ 35% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,367 loss in 2022 to € 40,687 profit in 2025.
Paid € 2,321 in corporate taxes since 2022.
Best year ever: 2023, with € 71,352 profit.
On average € 207,300 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 FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS are KEN PENNE BV and FRANCOIS HERINCKX SRL.
Directors
According to the 2025 annual accounts
Director · represented by Ken PENNE
Director · represented by François HERINCKX
Establishments
Establishment units
Physical locations of this company
Ravensteingalerij 3 box 2
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →C.H.B. - Comité Hygiène et Confort- C.H.B. Comité voor Hygiene en Comfort
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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
- 0683.499.711
- VAT number
- BE 0683.499.711
- Registered office
- Ravensteingalerij 3 bus 2, 1000 Brussel
- Names & denominations
- FRANÇOIS HERINCKX ET KEN PENNE, NOTAIRES ASSOCIÉS · HERINCKX & PENNE, NOTAIRES ASSOCIÉS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2017
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Activiteiten van notarissen