HENOTHERM
0430.512.031 · rovalta.com · 09/11/2026
ACTIVE
HENOTHERM
Financial year 2026 · Closed on 31/03/2026
Net result16,6 k €+223,7 %over 1 year
Gross margin38,4 k €+33,2 %over 1 year
Equity113,8 k €+17,1 %over 1 year
Overview
Identity
Source · BCE/KBOHENOTHERM is a Private limited company incorporated in 1987. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Eupen.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0430.512.031
- Incorporation
- 23/02/1987
- Legal form
- Private limited company
- Registered office
- Judenstrasse 37
4700 Eupen · WallonieSee on map - Contributed capital
- 30 986,69 €
- Latest accounts
- 31/03/2026
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation45331Sale of motor vehicle parts and accessories43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43990Other specialised construction activities n.e.c.+6
Joint committees (1)
- 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2026 | 2025 | 2024 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 38,4 k € | +33.2% | 28,8 k € | -32.1% | 42,4 k € | +45.2% | 29,2 k € | +95.4% | 15 k € |
| EBITDA | 32,6 k € | +95.1% | 16,7 k € | -44.0% | 29,8 k € | +26.4% | 23,6 k € | +144% | 9,7 k € |
| Operating result | 23,6 k € | +187% | 8,2 k € | -68.7% | 26,3 k € | +88.4% | 13,9 k € | +75.8% | 7,9 k € |
| Net result | 16,6 k € | +224% | 5,1 k € | -71.3% | 17,9 k € | +89.8% | 9,4 k € | +66.6% | 5,7 k € |
| Balance sheet | |||||||||
| Equity | 113,8 k € | +17.1% | 97,2 k € | -2.9% | 100,1 k € | +19.9% | 83,5 k € | +11.4% | 74,9 k € |
| Total assets | 170,2 k € | +14.5% | 148,7 k € | -14.6% | 174,2 k € | -8.7% | 190,7 k € | -8.0% | 207,4 k € |
| Cash | 20 k € | +30.0% | 15,4 k € | +51.6% | 10,1 k € | -70.0% | 33,8 k € | -29.2% | 47,7 k € |
| Debts | 56,4 k € | +9.6% | 51,4 k € | -30.5% | 74,1 k € | -31.0% | 107,3 k € | -19.0% | 132,5 k € |
| Other | |||||||||
| Workforce | – | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/03/20262 active · 1 ended
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Thomas BREUER | Directorsince 24/09/2014Manager24/09/2014 → 2018 accountsended | |
Helmut Breuer | Directorsince 23/02/1987Manager23/02/1987 → 2018 accountsended |
Ended mandates
| Director | Mandates in this company | Period |
|---|---|---|
Norbert Breuer | Manager24/02/1987 → 2013 accounts |
Financials
Full financial information
Source · NBB| 2026 | 2025 | 2024 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/04/2025 | 01/04/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 15 months | 12 months | 12 months | 12 months |
| Filing date | 29/10/2026 | 19/11/2025 | 24/10/2024 | 22/06/2023 | 02/06/2022 | 01/06/2021 |
| General meeting | 30/09/2026 | 30/09/2025 | 27/09/2024 | 20/06/2023 | 30/05/2022 | 31/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/03/2026 | 30/09/2026 | 29/10/2026 | German | |
| Micro model | 31/03/2025 | 30/09/2025 | 19/11/2025 | German | |
| Micro model | 31/03/2024 | 27/09/2024 | 24/10/2024 | German | |
| Micro model | 31/12/2022 | 20/06/2023 | 22/06/2023 | German | |
| Micro model | 31/12/2021 | 30/05/2022 | 02/06/2022 | German | |
| Micro model | 31/12/2020 | 31/05/2021 | 01/06/2021 | German | |
| Micro model | 31/12/2019 | 25/05/2020 | 02/06/2020 | German | |
| Micro model | 31/12/2018 | 27/05/2019 | 28/05/2019 | German | |
| Micro model | 31/12/2017 | 28/05/2018 | 15/06/2018 | German | |
| Micro model | 31/12/2016 | 29/05/2017 | 07/06/2017 | German | |
| Abridged model | 31/12/2015 | 30/05/2016 | 31/05/2016 | German | |
| Abridged model | 31/12/2014 | 26/05/2015 | 29/06/2015 | German | |
| Abridged model | 31/12/2013 | 26/03/2014 | 24/04/2014 | German | |
| Abridged model | 31/12/2012 | 27/05/2013 | 26/06/2013 | German | |
| Abridged model | 31/12/2011 | 29/05/2012 | 13/06/2012 | German | |
| Abridged model | 31/12/2010 | 30/05/2011 | 08/07/2011 | German | |
| Abridged model | 31/12/2009 | 31/05/2010 | 01/07/2010 | German | |
| Abridged model | 31/12/2008 | 25/05/2009 | 15/06/2009 | German | |
| Abridged model | 31/12/2007 | 26/05/2008 | 27/06/2008 | German | |
| Abridged model | 31/12/2006 | 29/05/2007 | 26/06/2007 | German |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/03/20262 active · 1 ended
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Thomas BREUER | Directorsince 24/09/2014Manager24/09/2014 → 2018 accountsended | |
Helmut Breuer | Directorsince 23/02/1987Manager23/02/1987 → 2018 accountsended |
Ended mandates
| Director | Mandates in this company | Period |
|---|---|---|
Norbert Breuer | Manager24/02/1987 → 2013 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Thomas BREUER
Helmut Breuer
Norbert Breuer
1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Henotherm GmbH
Favrunpark 24, 4700 Eupen
DirectorManager
DirectorManager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Judenstrasse 37, 4700 EupenCurrent | accounts 2026 | Accounts 2026 · 2026-00571936 |
| Favrunpark 24, 4700 Eupen | accounts 2021 → 2025 | Accounts 2025 · 2025-00567943 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| HENOTHERMCurrent | CBE | |
| Henotherm GmbH | accounts 2021 → 2026 | Accounts 2026 · 2026-00571936 |
Events
- 2026Annual accounts 202616,6 k €↑
- 2025Annual accounts 20255,1 k €↓
- 2024Annual accounts 202417,9 k €↑
- 2022Annual accounts 20229,4 k €↑
- 2021Annual accounts 20215,7 k €↑
- 2020Annual accounts 20201,7 k €↓
- 2019Annual accounts 201912,2 k €↓
- 2018Annual accounts 201813,2 k €↑
- 2017Annual accounts 201711,3 k €↑
- 2016Annual accounts 20166,9 k €↓
- 2015Annual accounts 201519,5 k €↑
- 2014Annual accounts 201418,6 k €↑
- 2013Annual accounts 2013-10,3 k €↓
- 2012Annual accounts 2012-3,6 k €↓
- 2011Annual accounts 201115,7 k €↑
- 2010Annual accounts 2010685,2 €↑
- 2009Annual accounts 2009-28,6 k €↓
- 2008Annual accounts 20082,9 k €↓
- 2007Annual accounts 200732,8 k €↑
- 2006Annual accounts 200624,9 k €
- 23/02/1987IncorporationPrivate limited company