HENRY ET MERSCH, CABINET D'AVOCATS
0435.388.854 · rovalta.com · 23/09/2026
ACTIVE
HENRY ET MERSCH, CABINET D'AVOCATS
Financial year 2025 · closed on 31/12/2025
Net result
735,3 k €
-24.7% YoY
Gross margin
1,2 M €
-23.5% YoY
Equity
752,9 k €
+8.3% YoY
Workforce
7,2 ETP
-10.0% YoY
Overview
What does HENRY ET MERSCH, CABINET D'AVOCATS do?
HENRY ET MERSCH, CABINET D'AVOCATS is a Cooperative society incorporated in 1988. Its main activity is: Legal activities. Its registered office is in Liège. It employs on average 7,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0435.388.854
Incorporation
01/09/1988
Legal form
Cooperative society
Registered office
Rue des Augustins 32
4000 Liège · WallonieSee on map
4000 Liège · WallonieSee on map
Contributed capital
339 699,00 €
Latest accounts
31/12/2025
Average workforce
7,2 ETP
Joint committees (1)
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,2 M € | -23.5% | 1,6 M € | +15.7% | 1,4 M € | -3.7% | 1,4 M € | -5.9% | 1,5 M € | +25.1% | 1,2 M € | +7.2% | 1,1 M € | +23.4% | 902 k € | +5.9% | 852 k € | +6.0% | 803,8 k € | -18.2% | 983,1 k € | +0.7% | 976 k € | -20.6% | 1,2 M € | -7.5% | 1,3 M € | +1.2% | 1,3 M € | +13.9% | 1,2 M € | -29.4% | 1,6 M € | +30.6% | 1,3 M € | +9.5% | 1,1 M € | -11.1% | 1,3 M € |
| EBITDA | 800 k € | -23.7% | 1 M € | +27.7% | 820,3 k € | -11.0% | 921,7 k € | -8.1% | 1 M € | +47.9% | 677,9 k € | +19.1% | 569,2 k € | +46.9% | 387,4 k € | -3.6% | 401,7 k € | +19.8% | 335,3 k € | -37.9% | 539,7 k € | -7.2% | 581,5 k € | -33.2% | 870 k € | -6.8% | 933,7 k € | -0.2% | 935,7 k € | +24.7% | 750,1 k € | -38.4% | 1,2 M € | +38.4% | 880,4 k € | +12.8% | 780,8 k € | -15.9% | 928,1 k € |
| Operating result | 771,4 k € | -23.9% | 1 M € | +30.0% | 779,3 k € | -12.4% | 889,7 k € | -8.6% | 973,4 k € | +54.0% | 631,9 k € | +23.2% | 512,9 k € | +55.4% | 330,1 k € | +12.2% | 294,2 k € | +106% | 142,9 k € | -59.0% | 348,3 k € | -14.1% | 405,3 k € | -37.0% | 642,9 k € | -6.9% | 690,4 k € | -1.2% | 698,7 k € | +32.3% | 528,3 k € | -47.9% | 1 M € | +54.7% | 654,8 k € | +4.4% | 626,9 k € | -27.7% | 867,4 k € |
| Net result | 735,3 k € | -24.7% | 976,2 k € | +30.7% | 747 k € | -8.2% | 813,5 k € | -10.8% | 912,3 k € | +53.8% | 593,4 k € | +31.6% | 450,9 k € | +61.9% | 278,5 k € | +16.8% | 238,4 k € | +161% | 91,2 k € | -67.5% | 280,9 k € | -17.5% | 340,4 k € | -36.2% | 533,4 k € | -9.3% | 588,1 k € | -2.2% | 601,3 k € | +41.2% | 425,7 k € | -47.0% | 803,4 k € | +18.2% | 679,7 k € | +9.2% | 622,4 k € | -23.6% | 814,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 752,9 k € | +8.3% | 695,3 k € | +11.2% | 625 k € | +4.0% | 601,3 k € | +29.1% | 465,7 k € | -2.4% | 477,1 k € | -4.5% | 499,6 k € | +0.5% | 497,3 k € | +0.2% | 496,4 k € | -1.4% | 503,2 k € | -0.2% | 504,5 k € | +2.0% | 494,5 k € | +2.4% | 482,9 k € | -9.1% | 531,4 k € | +3.2% | 514,8 k € | -4.9% | 541,1 k € | -9.6% | 598,3 k € | +1.4% | 590 k € | +2.6% | 575,1 k € | +5.6% | 544,7 k € |
| Total assets | 2,1 M € | -19.7% | 2,6 M € | +12.8% | 2,3 M € | -14.0% | 2,7 M € | -2.9% | 2,8 M € | +2.1% | 2,7 M € | +21.3% | 2,3 M € | -1.1% | 2,3 M € | +1.6% | 2,2 M € | +8.8% | 2,1 M € | -12.6% | 2,4 M € | -4.9% | 2,5 M € | -12.4% | 2,8 M € | -9.1% | 3,1 M € | -4.3% | 3,3 M € | -2.1% | 3,3 M € | -6.3% | 3,5 M € | +7.2% | 3,3 M € | +5.9% | 3,1 M € | +50.1% | 2,1 M € |
| Cash | 1,3 M € | -21.2% | 1,7 M € | +12.0% | 1,5 M € | -15.8% | 1,8 M € | -9.8% | 2 M € | +4.3% | 1,9 M € | +47.8% | 1,3 M € | +7.4% | 1,2 M € | -1.3% | 1,2 M € | +28.6% | 946 k € | -18.4% | 1,2 M € | +7.8% | 1,1 M € | -17.2% | 1,3 M € | +4.5% | 1,2 M € | -10.2% | 1,4 M € | -3.7% | 1,4 M € | -4.2% | 1,5 M € | +29.6% | 1,2 M € | -19.6% | 1,4 M € | +14.8% | 1,3 M € |
| Debts | 1,4 M € | -29.8% | 1,9 M € | +13.4% | 1,7 M € | -19.0% | 2,1 M € | -9.3% | 2,3 M € | +3.1% | 2,3 M € | +28.6% | 1,8 M € | -1.5% | 1,8 M € | +2.8% | 1,7 M € | +11.3% | 1,6 M € | -16.1% | 1,9 M € | -6.6% | 2 M € | -15.4% | 2,3 M € | -9.1% | 2,6 M € | -5.7% | 2,7 M € | -1.6% | 2,8 M € | -5.6% | 2,9 M € | +8.4% | 2,7 M € | +6.6% | 2,6 M € | +65.9% | 1,5 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 7,2 ETP | -10.0% | 8,0 ETP | -18.4% | 9,8 ETP | -8.4% | 10,7 ETP | 0.0% | 10,7 ETP | -7.0% | 11,5 ETP | +3.6% | 11,1 ETP | -1.8% | 11,3 ETP | +18.9% | 9,5 ETP | -5.9% | 10,1 ETP | 0.0% | 10,1 ETP | +5.2% | 9,6 ETP | +1.1% | 9,5 ETP | +18.8% | 8,0 ETP | -13.0% | 9,2 ETP | -10.7% | 10,3 ETP | -1.9% | 10,5 ETP | 0.0% | 10,5 ETP | 0.0% | 10,5 ETP | +10.5% | 9,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 52 ended
Active mandates
Active
Active
Active
Stéphane GOTHOT
ActiveActive
Anne DETILLEUX
ActiveJoëlle WILLEMS
ActiveActive
Raphaël DAVIN
ActiveYves GODFROID
ActiveActive
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Architecture et Esthétique● Judicial reorganisation | 0404.223.348 |
CRÈMES A L'ANCIENNE● Liquidation | 0556.615.890 |
IMMO-REX● Liquidation | 0475.393.931 |
MEDIXBEL● Liquidation | 0466.049.564 |
SABENA INTERSERVICE CENTER● Liquidation | 0427.507.011 |
SPRAY-TECH● Liquidation | 0424.089.245 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 31/08/2026 | 14/07/2025 | 25/06/2024 | 20/07/2023 | 01/07/2022 | 25/07/2021 |
| General meeting | 31/08/2026 | 30/06/2025 | 24/06/2024 | 29/06/2023 | 29/06/2022 | 23/06/2021 |
| 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 |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 31/08/2026 | 31/08/2026 | French | |
| Abridged model | 31/12/2024 | 30/06/2025 | 14/07/2025 | French | |
| Abridged model | 31/12/2023 | 24/06/2024 | 25/06/2024 | French | |
| Abridged model | 31/12/2022 | 29/06/2023 | 20/07/2023 | French | |
| Abridged model | 31/12/2021 | 29/06/2022 | 01/07/2022 | French | |
| Abridged model | 31/12/2020 | 23/06/2021 | 25/07/2021 | French | |
| Abridged model | 31/12/2019 | 01/07/2020 | 07/08/2020 | French | |
| Abridged model | 31/12/2018 | 01/07/2019 | 31/07/2019 | French | |
| Abridged model | 31/12/2017 | 27/06/2018 | 31/07/2018 | French | |
| Abridged model | 31/12/2016 | 30/06/2017 | 26/07/2017 | French | |
| Abridged model | 31/12/2015 | 14/07/2016 | 05/08/2016 | French | |
| Abridged model | 31/12/2014 | 29/06/2015 | 29/07/2015 | French | |
| Abridged model | 31/12/2013 | 26/04/2014 | 25/08/2014 | French | |
| Abridged model | 31/12/2012 | 28/06/2013 | 28/08/2013 | French | |
| Abridged model | 31/12/2011 | 30/06/2012 | 28/09/2012 | French | |
| Abridged model | 31/12/2010 | 30/06/2011 | 31/08/2011 | French | |
| Abridged model | 31/12/2009 | 30/06/2010 | 02/12/2010 | French | |
| Abridged model | 31/12/2008 | 30/06/2009 | 24/09/2009 | French | |
| Abridged model | 31/12/2007 | 30/06/2008 | 30/09/2008 | French | |
| Abridged model | 31/12/2006 | 30/06/2007 | 22/10/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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 · 13 active · 52 ended
Active mandates
Active
Active
Active
Stéphane GOTHOT
ActiveActive
Anne DETILLEUX
ActiveJoëlle WILLEMS
ActiveActive
Raphaël DAVIN
ActiveYves GODFROID
ActiveActive
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/04/2025DEMISSIONS, NOMINATIONS
- Mandates01/04/2025DEMISSIONS, NOMINATIONS
- Mandates10/05/2024DEMISSIONS, NOMINATIONS
- Mandates17/01/2024DEMISSIONS, NOMINATIONS
- Mandates20/02/2023DEMISSIONS, NOMINATIONS
- Mandates09/03/2022DEMISSIONS, NOMINATIONS
- Mandates29/12/2021MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
- Mandates22/07/2021DEMISSIONS, NOMINATIONS
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 2025735,3 k €↓
- 2024Annual accounts 2024976,2 k €↑
- 2023Annual accounts 2023747 k €↓
- 2022Annual accounts 2022813,5 k €↓
- 2021Annual accounts 2021912,3 k €↑
- 2020Annual accounts 2020593,4 k €↑
- 2019Annual accounts 2019450,9 k €↑
- 2018Annual accounts 2018278,5 k €↑
- 2017Annual accounts 2017238,4 k €↑
- 2016Annual accounts 201691,2 k €↓
- 2015Annual accounts 2015280,9 k €↓
- 2014Annual accounts 2014340,4 k €↓
- 2013Annual accounts 2013533,4 k €↓
- 2012Annual accounts 2012588,1 k €↓
- 2011Annual accounts 2011601,3 k €↑
- 2010Annual accounts 2010425,7 k €↓
- 2009Annual accounts 2009803,4 k €↑
- 2008Annual accounts 2008679,7 k €↑
- 2007Annual accounts 2007622,4 k €↓
- 2006Annual accounts 2006814,2 k €
- 01/09/1988IncorporationCooperative society