Financials
Financial year 2025
Henchman from Gent, company number BE0748395184, closed financial year 2025 with a result of € 93.9 million after tax. For that financial year Henchman recorded a gross margin of € 119.1 million and equity of € 33.6 million. Compared with financial year 2024, the result moved from € -4.7 million to € 93.9 million. 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 July 1, 2026.
€ 33.6 million
▲ € 33.9 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93.9 million
▲ still € 4.7 million loss in 2024
Profit after tax over the fiscal year.
€ 2,637
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60 million paid out
64 % of the profit went to the shareholders, mostly to RELX Overseas (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
▼ 19.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13,498
▼ 99% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 69,695
▼ 34% 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.
€ 37,740
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -925,084 | € -1,203,826 | € -1,184,922 | € 119,121,912 | ▲ € 120.3 million |
| Profit after taxes | € -1,647,015 | € -2,703,491 | € -4,664,246 | € 93,945,459 | ▲ € 98.6 million |
| Equity | € 383,468 | € 3,682,246 | € -327,392 | € 33,618,067 | ▲ € 33.9 million |
| Total debts | € 1,143,619 | € 2,303,070 | € 4,026,242 | € 60,053,735 | ▲ € 56 million |
| Cash | € 635,142 | € 1,295,039 | € 124,407 | € 2,637 | ▼ 98% |
| Retained profit | € -1,979,470 | € -4,682,961 | € -9,347,207 | € 24,598,252 | ▲ € 33.9 million |
| Dividend | € 0 | € 0 | € 0 | € 60,000,000 | |
| Bank debt | € 475,706 | € 460,485 | € 19,051 | € 0 | ▼ 100% |
| Balance sheet total | € 1,527,087 | € 5,985,317 | € 3,698,850 | € 93,671,802 | ▲ € 90 million |
| Employees (FTE) | 7.9 | 12.4 | 19.2 | 0 | ▼ 19.2 |
Key figures of Henchman, 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 Henchman?
What happened at Henchman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93.9 million. Source: NBB ↗
- Stephen Chegwidden became a director. NBB
- Vivekanand Kohli became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million loss in 2022 to € 93.9 million profit in 2025.
Paid € 28.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 93.9 million profit.
Paid out € 60 million in dividends to the owners in total.
Management
The stake of Pitchdrive Fund II, XPD Family Fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HenchmanBehind Henchman are Stephen Chegwidden and Vivekanand Kohli. The shares are held by RELX Overseas (100%), Pitchdrive Fund II (10.4%) and XPD Family Fund (1%).
Directors
According to the 2025 annual accounts
Stephen Chegwidden
Director
since 2025
Vivekanand Kohli
Director
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moutstraat 64 box 502
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Google Workspace
Hosting
COMBELL-AS, BE
DNS
AWS Route 53
Domain
Domain
henchman.io
Registered
2019-11-15
Registrar
Amazon Registrar, Inc.
Expires
2026-11-15
Website info
Features
Security
Network
Details
- Company number
- 0748.395.184
- VAT number
- BE 0748.395.184
- Registered office
- Moutstraat 64 bus 502, 9000 Gent
- Names & denominations
- Henchman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2020
- Peppol
- Active · Active since 30 Jul 2025
- Contact
- henchman.io [email protected] +32477247041
- Activities · NACE
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