HENRAD
0433.560.207 · rovalta.com · 23/09/2026
ACTIVE
HENRAD
Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+93.0% YoY
Revenue
35,1 M €
+1.1% YoY
Equity
1,4 M €
+57.4% YoY
Workforce
31,2 ETP
+2.6% YoY
Overview
What does HENRAD do?
HENRAD is a Public limited company incorporated in 1988. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Herentals. It employs on average 31,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.560.207
Incorporation
23/02/1988
Legal form
Public limited company
Registered office
Welvaartstraat (HRT) 14 box 6
2200 Herentals · FlandreSee on map
2200 Herentals · FlandreSee on map
Contributed capital
800 000,00 €
Latest accounts
31/12/2025
Average workforce
31,2 ETP
Activities (NACE)
Joint committees (4)
- 111
- 14904
- 200
- 209
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 35,1 M € | +1.1% | 34,7 M € | +6.2% | 32,7 M € | -15.6% | 38,7 M € | -10.2% | 43,1 M € | +29.9% | 33,2 M € | -1.2% | 33,6 M € | -7.0% | 36,1 M € | +1.2% | 35,7 M € | +4.4% | 34,2 M € | -5.3% | 36,1 M € | -19.3% | 44,7 M € | -6.2% | 47,7 M € | +2.4% | 46,5 M € | -0.6% | 46,8 M € | +3.7% | 45,2 M € | -0.4% | 45,3 M € | -4.7% | 47,5 M € |
| EBITDA | 3,1 M € | +42.2% | 2,2 M € | +74.2% | 1,3 M € | -65.3% | 3,6 M € | +49.9% | 2,4 M € | +19.0% | 2 M € | -10.5% | 2,3 M € | +128% | 998 k € | +561% | -216,5 k € | -104% | 4,9 M € | +101% | 2,4 M € | +9.0% | 2,2 M € | -50.1% | 4,5 M € | +12.4% | 4 M € | -35.4% | 6,1 M € | -4.6% | 6,4 M € | +38.7% | 4,6 M € | -27.3% | 6,4 M € |
| Operating result | 3,1 M € | +43.5% | 2,1 M € | +76.7% | 1,2 M € | -66.5% | 3,6 M € | +49.7% | 2,4 M € | +24.1% | 1,9 M € | -12.8% | 2,2 M € | +219% | 698 k € | +230% | -538,8 k € | -112% | 4,5 M € | +117% | 2,1 M € | +41.4% | 1,5 M € | -48.7% | 2,9 M € | +1.5% | 2,8 M € | -42.5% | 4,9 M € | -6.7% | 5,2 M € | +44.5% | 3,6 M € | -30.0% | 5,2 M € |
| Net result | 1,5 M € | +93.0% | 788,7 k € | +138% | 331 k € | -83.2% | 2 M € | +95.4% | 1 M € | -3.5% | 1 M € | -22.4% | 1,3 M € | +975% | -153,6 k € | +89.1% | -1,4 M € | -137% | 3,8 M € | +171% | 1,4 M € | +149% | -2,9 M € | -266% | 1,7 M € | -33.4% | 2,6 M € | +126% | -10,2 M € | -319% | 4,6 M € | +196% | 1,6 M € | -67.2% | 4,8 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | +57.4% | 909,2 k € | -10.9% | 1 M € | +3.1% | 989,5 k € | -51.0% | 2 M € | -54.2% | 4,4 M € | -24.8% | 5,9 M € | -22.0% | 7,5 M € | -2.0% | 7,7 M € | -41.4% | 13,1 M € | -67.5% | 40,4 M € | +3.6% | 39 M € | -6.9% | 41,9 M € | +4.3% | 40,2 M € | +6.9% | 37,5 M € | -21.3% | 47,7 M € | +10.8% | 43,1 M € | +3.8% | 41,5 M € |
| Total assets | 11,3 M € | +14.6% | 9,8 M € | +1.1% | 9,7 M € | -24.4% | 12,9 M € | -2.5% | 13,2 M € | +0.5% | 13,2 M € | -6.6% | 14,1 M € | -13.9% | 16,3 M € | -5.2% | 17,3 M € | -67.6% | 53,2 M € | +5.9% | 50,3 M € | -7.3% | 54,3 M € | +2.9% | 52,8 M € | +2.0% | 51,7 M € | +8.1% | 47,9 M € | -22.3% | 61,6 M € | +7.3% | 57,4 M € | +4.9% | 54,7 M € |
| Cash | 1,9 M € | +36.5% | 1,4 M € | -60.8% | 3,5 M € | -0.1% | 3,5 M € | +28.1% | 2,7 M € | -14.7% | 3,2 M € | +933% | 306,2 k € | -81.2% | 1,6 M € | +69.5% | 959,4 k € | -66.7% | 2,9 M € | +32.2% | 2,2 M € | -6.2% | 2,3 M € | +11.4% | 2,1 M € | -9.4% | 2,3 M € | -21.9% | 2,9 M € | -27.1% | 4 M € | -5.0% | 4,3 M € | +53.7% | 2,8 M € |
| Debts | 9,8 M € | +10.3% | 8,9 M € | +2.5% | 8,7 M € | -26.6% | 11,9 M € | +6.5% | 11,2 M € | +29.0% | 8,6 M € | +7.1% | 8,1 M € | -6.3% | 8,6 M € | -7.4% | 9,3 M € | -76.6% | 39,7 M € | +380% | 8,3 M € | -38.6% | 13,5 M € | +42.7% | 9,4 M € | -12.2% | 10,8 M € | +13.8% | 9,5 M € | -27.1% | 13 M € | +6.9% | 12,1 M € | -0.2% | 12,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 31,2 ETP | +2.6% | 30,4 ETP | -9.8% | 33,7 ETP | -2.3% | 34,5 ETP | +1.2% | 34,1 ETP | +1.2% | 33,7 ETP | -6.4% | 36,0 ETP | -13.9% | 41,8 ETP | -0.5% | 42,0 ETP | +5.0% | 40,0 ETP | -11.1% | 45,0 ETP | -56.1% | 102,4 ETP | -37.3% | 163,2 ETP | +1.4% | 161,0 ETP | +2.4% | 157,2 ETP | -0.2% | 157,5 ETP | -2.4% | 161,4 ETP | -2.0% | 164,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 28 ended
Active mandates
Harvey TREVOR
ActiveLeigh Wilcox
ActiveJan PEETERS
ActiveEnded mandates
Annette BOREN
EndedAnnette BOREN
EndedGeorge LETHAM
EndedGeorge LETHAM
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2026 | 01/07/2025 | 01/07/2024 | 05/07/2023 | 29/06/2022 | 29/06/2021 |
| General meeting | 29/06/2026 | 30/06/2025 | 28/06/2024 | 28/06/2023 | 28/06/2022 | 28/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 29/06/2026 | 30/06/2026 | Dutch | |
| Full model | 31/12/2024 | 30/06/2025 | 01/07/2025 | Dutch | |
| Full model | 31/12/2023 | 28/06/2024 | 01/07/2024 | Dutch | |
| Full model | 31/12/2022 | 28/06/2023 | 05/07/2023 | Dutch | |
| Full model | 31/12/2021 | 28/06/2022 | 29/06/2022 | Dutch | |
| Full model | 31/12/2020 | 28/06/2021 | 29/06/2021 | Dutch | |
| Full model | 31/12/2019 | 04/09/2020 | 21/09/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 01/07/2019 | Dutch | |
| Full model | 31/12/2017 | 28/06/2018 | 29/06/2018 | Dutch | |
| Full model | 31/12/2016 | 28/06/2017 | 29/06/2017 | Dutch | |
| Full model | 31/12/2015 | 28/06/2016 | 30/06/2016 | Dutch | |
| Full model | 31/12/2014 | 29/06/2015 | 30/06/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 30/06/2014 | Dutch | |
| Full model | 31/12/2012 | 28/06/2013 | 01/07/2013 | Dutch | |
| Full model | 31/12/2011 | 28/06/2012 | 29/06/2012 | Dutch | |
| Full model | 31/12/2010 | 28/06/2011 | 29/06/2011 | Dutch | |
| Full model | 31/12/2009 | 28/06/2010 | 05/07/2010 | Dutch | |
| Full model | 31/12/2008 | 29/06/2009 | 01/07/2009 | Dutch | |
| Full model | 31/12/2007 | 30/06/2008 | 03/07/2008 | Dutch | |
| Full model | 31/12/2006 | 28/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
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 31/12/2025 · 3 active · 28 ended
Active mandates
Harvey TREVOR
ActiveLeigh Wilcox
ActiveJan PEETERS
ActiveEnded mandates
Annette BOREN
EndedAnnette BOREN
EndedGeorge LETHAM
EndedGeorge LETHAM
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/08/2026ONTSLAGEN - BENOEMINGEN
- Mandates22/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates22/04/2024ONTSLAGEN - BENOEMINGEN
- Mandates28/09/2023ONTSLAGEN - BENOEMINGEN
- Other20/04/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates23/03/2023ONTSLAGEN - BENOEMINGEN
- Mandates20/08/2021ONTSLAGEN - BENOEMINGEN
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 20251,5 M €↑
- 30/06/2025reconductionHarvey Trevor — bestuurder
- 2024Annual accounts 2024788,7 k €↑
- 01/07/2024nominationLeigh Wilcox — bestuurder
- 25/03/2024nominationAnnette Borén — bestuurder
- 2023Annual accounts 2023331 k €↓
- 28/06/2023reconductionBv PwC Bedrijfsrevisoren — commissaris
- 2022Annual accounts 20222 M €↑
- 01/01/2022nominationPeter Van Den Eynde — vertegenwoordiger van Pwc Bedrijfsrevisoren Bv in de uitoefening van haar mandaat als commissaris
- 2021Annual accounts 20211 M €↓
- 2020Annual accounts 20201 M €↓
- 2019Annual accounts 20191,3 M €↑
- 2018Annual accounts 2018-153,6 k €↑
- 2017Annual accounts 2017-1,4 M €↓
- 2016Annual accounts 20163,8 M €↑
- 2015Annual accounts 20151,4 M €↑
- 2014Annual accounts 2014-2,9 M €↓
- 2013Annual accounts 20131,7 M €↓
- 2012Annual accounts 20122,6 M €↑
- 2011Annual accounts 2011-10,2 M €↓
- 2010Annual accounts 20104,6 M €↑
- 2009Annual accounts 20091,6 M €↓
- 2008Annual accounts 20084,8 M €
- 23/02/1988IncorporationPublic limited company