Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
HENGELHOEF CONCRETE JOINTS from Genk, company number BE0877977088, closed financial year 2026 with a result of € 1.7 million after tax. For that financial year HENGELHOEF CONCRETE JOINTS recorded revenue of € 13.9 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 2.7 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▲ 38% vs 2024
Profit after tax over the fiscal year.
€ 131,812
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
88 % of the profit went to the shareholders, mostly to Jointco NV (100 % of the shares). That is where the money ends up.
People and assets in 2026
20
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 23% vs 2024
€ 93,000 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.
€ 94,206
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 516,914
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2026 | Change 2024 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | € 14,036,039 | € 12,743,913 | € 13,889,756 | ▲ 9% |
| Gross margin | € 3,884,296 | - | - | - | |
| Profit after taxes | € 1,746,622 | € 2,663,859 | € 1,226,177 | € 1,697,128 | ▲ 38% |
| Equity | € 3,763,623 | € 1,516,482 | € 2,519,358 | € 2,716,487 | ▲ 8% |
| Total debts | € 4,121,001 | € 9,324,795 | € 7,692,235 | € 6,969,582 | ▼ 9% |
| Cash | € 1,591,299 | € 2,074,280 | € 1,662,488 | € 131,812 | ▼ 92% |
| Land & buildings | € 840,637 | € 828,229 | € 826,827 | € 768,738 | ▼ 7% |
| Retained profit | € 3,480,339 | € 1,144,198 | € 2,370,375 | € 2,567,504 | ▲ 8% |
| Dividend | € 0 | € 5,000,000 | € 0 | € 1,500,000 | |
| Bank debt | € 2,720,248 | € 1,667,929 | € 863,688 | € 0 | ▼ 100% |
| Balance sheet total | € 7,884,623 | € 10,841,277 | € 10,240,755 | € 9,715,230 | ▼ 5% |
| Employees (FTE) | 20 | 18.4 | 20.2 | 20 | ▼ 0.2 |
Key figures of HENGELHOEF CONCRETE JOINTS, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 December 2027.
What happened to HENGELHOEF CONCRETE JOINTS?
What happened at HENGELHOEF CONCRETE JOINTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raf Jaenen stepped down as director. NBB
- Sander Braaksma stepped down as director. NBB
- Daniel Johnson stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 1.7 million (▲ 38% vs 2024). Source: NBB ↗
- Raf Jaenen became a director. NBB
- Sander Braaksma became a director. NBB
- Daniel Johnson became a director. NBB
- New establishment in Genk. KBO
In short
From € 1.7 million profit in 2022 to € 1.7 million profit in 2026.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.7 million profit.
On average € 194,200 of value added per employee in 2022.
Management
The stake of DI-TECH ENGINEERING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HENGELHOEF CONCRETE JOINTSThe shares are held by Jointco NV (100%) and DI-TECH ENGINEERING.
Directors
According to the 2026 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hengelhoefstraat 158
3600 Genk
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.
Details
- Company number
- 0877.977.088
- VAT number
- BE 0877.977.088
- Registered office
- Hengelhoefstraat 158, 3600 Genk
- Names & denominations
- HENGELHOEF CONCRETE JOINTS · H.C.J.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2005
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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