HENOTHERM
0430.512.031 · rovalta.com · 24/09/2026
ACTIVE
HENOTHERM
Financial year 2025 · closed on 31/03/2025
Net result
5,1 k €
-71.3% YoY
Gross margin
28,8 k €
-32.1% YoY
Equity
97,2 k €
-2.9% YoY
Overview
What does HENOTHERM do?
HENOTHERM is a Private limited company incorporated in 1987. 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
4700 Eupen · WallonieSee on map
Contributed capital
30 986,69 €
Latest accounts
31/03/2025
Joint committees (1)
- 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 28,8 k € | -32.1% | 42,4 k € | +45.2% | 29,2 k € | +95.4% | 15 k € | -18.0% | 18,2 k € | -35.1% | 28,1 k € | +10.0% | 25,5 k € | -5.4% | 27 k € | +31.4% | 20,5 k € | -24.2% | 27,1 k € | +13.2% | 23,9 k € | +380% | 5 k € | -47.4% | 9,5 k € | -69.5% | 31,1 k € | +75.1% | 17,8 k € | +332% | -7,7 k € | -128% | 27,6 k € | -52.2% | 57,8 k € | +7.4% | 53,8 k € |
| EBITDA | 16,7 k € | -44.0% | 29,8 k € | +26.4% | 23,6 k € | +144% | 9,7 k € | -13.2% | 11,2 k € | -55.0% | 24,8 k € | -1.7% | 25,2 k € | -5.1% | 26,5 k € | +32.7% | 20 k € | -24.9% | 26,6 k € | +12.2% | 23,7 k € | +599% | 3,4 k € | -58.2% | 8,1 k € | -71.4% | 28,4 k € | +76.9% | 16 k € | +233% | -12,1 k € | -154% | 22,2 k € | -54.1% | 48,4 k € | +24.3% | 38,9 k € |
| Operating result | 8,2 k € | -68.7% | 26,3 k € | +88.4% | 13,9 k € | +75.8% | 7,9 k € | +179% | 2,8 k € | -82.3% | 16 k € | -7.1% | 17,2 k € | -0.2% | 17,3 k € | +55.6% | 11,1 k € | -50.8% | 22,6 k € | -2.5% | 23,2 k € | +598% | -4,7 k € | -360% | 1,8 k € | -92.0% | 22,5 k € | +131% | 9,7 k € | +153% | -18,5 k € | -233% | 14 k € | -67.8% | 43,4 k € | +28.4% | 33,8 k € |
| Net result | 5,1 k € | -71.3% | 17,9 k € | +89.8% | 9,4 k € | +66.6% | 5,7 k € | +237% | 1,7 k € | -86.3% | 12,2 k € | -7.5% | 13,2 k € | +16.9% | 11,3 k € | +64.3% | 6,9 k € | -64.7% | 19,5 k € | +4.9% | 18,6 k € | +280% | -10,3 k € | -183% | -3,6 k € | -123% | 15,7 k € | +2195% | 685,2 € | +102% | -28,6 k € | -1080% | 2,9 k € | -91.1% | 32,8 k € | +31.6% | 24,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 97,2 k € | -2.9% | 100,1 k € | +19.9% | 83,5 k € | +11.4% | 74,9 k € | +6.9% | 70,1 k € | +2.5% | 68,4 k € | +10.7% | 61,8 k € | +17.5% | 52,6 k € | +16.1% | 45,3 k € | +17.9% | 38,4 k € | +103% | 18,9 k € | +5052% | 367,6 € | -96.6% | 10,7 k € | -25.4% | 14,4 k € | +1151% | -1,4 k € | +33.4% | -2,1 k € | -108% | 26,6 k € | +12.4% | 23,7 k € | +360% | -9,1 k € |
| Total assets | 148,7 k € | -14.6% | 174,2 k € | -8.7% | 190,7 k € | -8.0% | 207,4 k € | +126% | 91,8 k € | -18.6% | 112,8 k € | -16.4% | 134,9 k € | +18.4% | 114 k € | +5.9% | 107,6 k € | +19.4% | 90,1 k € | +57.7% | 57,1 k € | -7.6% | 61,8 k € | -25.1% | 82,6 k € | -8.7% | 90,4 k € | -14.3% | 105,5 k € | -40.2% | 176,3 k € | +4.3% | 169,1 k € | +11.9% | 151 k € | +29.0% | 117,1 k € |
| Cash | 15,4 k € | +51.6% | 10,1 k € | -70.0% | 33,8 k € | -29.2% | 47,7 k € | +292% | 12,2 k € | +54.6% | 7,9 k € | -80.5% | 40,4 k € | +144% | 16,5 k € | -35.2% | 25,5 k € | +34.8% | 18,9 k € | +475% | 3,3 k € | +6.4% | 3,1 k € | -7.9% | 3,4 k € | -38.2% | 5,4 k € | -71.5% | 19 k € | +263% | 5,3 k € | -6.6% | 5,6 k € | +58.7% | 3,5 k € | +348% | 790,9 € |
| Debts | 51,4 k € | -30.5% | 74,1 k € | -31.0% | 107,3 k € | -19.0% | 132,5 k € | +509% | 21,8 k € | -51.0% | 44,4 k € | -39.3% | 73,1 k € | +19.2% | 61,4 k € | -1.5% | 62,3 k € | +20.6% | 51,6 k € | +36.0% | 38 k € | -38.2% | 61,5 k € | -14.1% | 71,6 k € | -5.6% | 75,8 k € | -28.7% | 106,4 k € | -40.2% | 177,9 k € | +25.2% | 142,1 k € | +11.7% | 127,2 k € | +0.9% | 126 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,3 ETP | -25.0% | 0,4 ETP | -55.6% | 0,9 ETP | -10.0% | 1,0 ETP | -37.5% | 1,6 ETP | ||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 6 ended
Active mandates
Thomas BREUER
ActiveEnded mandates
Thomas BREUER
EndedThomas BREUER
EndedNorbert Breuer
EndedNorbert Breuer
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/04/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 15 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/11/2025 | 24/10/2024 | 22/06/2023 | 02/06/2022 | 01/06/2021 | 02/06/2020 |
| General meeting | 30/09/2025 | 27/09/2024 | 20/06/2023 | 30/05/2022 | 31/05/2021 | 25/05/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| 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
Estimate
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
Governance
Board of directors
Seen on filing of 31/03/2025 · 1 active · 6 ended
Active mandates
Thomas BREUER
ActiveEnded mandates
Thomas BREUER
EndedThomas BREUER
EndedNorbert Breuer
EndedNorbert Breuer
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/01/2024AENDERUNG RECHTSFORM - GESELLSCHAFTSSITZ - ENTLASSUNG - ERNENNUNG - GENERALVERSAMMLUNG - GESCHAEFTSJAHR
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 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