ACTIVE

HENOGEN

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Financial year 2025 · closed on 31/12/2025

Net result

-14,9 M €

-5.3% YoY

Revenue

48,7 M €

-16.8% YoY

Equity

-4,6 M €

-143.1% YoY

Workforce

244,5 ETP

-19.2% YoY

What does HENOGEN do?

HENOGEN is a Private limited company incorporated in 1999. Its registered office is in Charleroi. It employs on average 244,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.455.074

Incorporation

19/11/1999

Legal form

Private limited company

Registered office

Rue des Prof Jeneer et Brachet 12
6041 Charleroi · Wallonie

Contributed capital

6 616 581,86 €

Latest accounts

31/12/2025

Average workforce

244,5 ETP

Joint committees (3)

116
207
2070

Contacts

1 public detail availableLog in to view

Signals

Healthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	48,7 M €	-16.8%	58,6 M €	+2.0%	57,5 M €	-19.6%	71,4 M €	-58.9%	173,9 M €	+558%	26,4 M €	-20.0%	33 M €	+12.0%	29,5 M €	+24.0%	23,8 M €	+27.4%	18,7 M €	+63.9%	11,4 M €	-9.2%	12,5 M €	+141%	5,2 M €	-57.2%	12,1 M €	-3.5%	12,6 M €	+13.9%	11 M €	-13.8%	12,8 M €	+2.9%	12,5 M €	+2.1%	12,2 M €
EBITDA	-4,3 M €	-163%	-1,6 M €	+46.2%	-3,1 M €	-169%	4,4 M €	-92.5%	59,1 M €	+936%	-7,1 M €	-319%	3,2 M €	-25.4%	4,3 M €	+16.7%	3,7 M €	+11.6%	3,3 M €	+5091%	64,1 k €	+104%	-1,8 M €	+67.4%	-5,6 M €	-891%	706,4 k €	-47.0%	1,3 M €	+60.2%	831,2 k €	-83.8%	5,1 M €	+37231%	-13,8 k €	-103%	404,4 k €
Operating result	-12,7 M €	-4.8%	-12,1 M €	+15.4%	-14,3 M €	-25.6%	-11,4 M €	-123%	48,5 M €	+580%	-10,1 M €	-595%	2 M €	-40.4%	3,4 M €	+22.4%	2,8 M €	+0.5%	2,8 M €	+438%	-823,8 k €	+69.6%	-2,7 M €	+57.8%	-6,4 M €	-2478%	-249,3 k €	-352%	98,9 k €	+120%	-492,9 k €	-119%	2,5 M €	+199%	-2,6 M €	-26.0%	-2 M €
Net result	-14,9 M €	-5.3%	-14,2 M €	+1.8%	-14,4 M €	-26.1%	-11,4 M €	-131%	37,2 M €	+459%	-10,4 M €	-567%	2,2 M €	-40.3%	3,7 M €	+8.8%	3,4 M €	+11.9%	3,1 M €	+195%	-3,2 M €	+20.1%	-4 M €	+38.6%	-6,6 M €	-827%	-711,7 k €	-406%	232,4 k €	+150%	-462,5 k €	-119%	2,4 M €	+192%	-2,6 M €	-29.4%	-2 M €
Balance sheet
Equity	-4,6 M €	-143%	10,6 M €	-57.7%	24,9 M €	-37.1%	39,7 M €	-22.8%	51,4 M €	+415%	10 M €	-51.3%	20,5 M €	+43.7%	14,3 M €	+35.0%	10,6 M €	+38.9%	7,6 M €	+299%	-3,8 M €	-590%	-554,7 k €	-116%	3,5 M €	+18.8%	3 M €	-19.8%	3,7 M €	+17.1%	3,2 M €	-17.4%	3,8 M €	+133%	1,7 M €	-62.7%	4,4 M €
Total assets	97,2 M €	+9.0%	89,2 M €	+1.0%	88,3 M €	-25.1%	117,9 M €	-5.4%	124,6 M €	+107%	60,3 M €	-10.6%	67,4 M €	+70.7%	39,5 M €	+71.3%	23 M €	+11.6%	20,6 M €	+29.4%	16 M €	+122%	7,2 M €	-33.0%	10,7 M €	-16.5%	12,9 M €	-8.8%	14,1 M €	+28.0%	11 M €	-27.1%	15,1 M €	+8.8%	13,9 M €	-15.2%	16,4 M €
Cash	1 M €	-85.9%	7,5 M €	+17006%	43,6 k €	-56.0%	99 k €	-99.5%	18,1 M €	+1324%	1,3 M €	-35.1%	2 M €	-31.1%	2,8 M €	+4.2%	2,7 M €	+98.0%	1,4 M €	-20.9%	1,7 M €	+451%	315,3 k €	+47.7%	213,5 k €	-77.9%	964,9 k €	+216%	305,1 k €	-70.5%	1 M €	-75.2%	4,2 M €	+302%	1 M €	-32.9%	1,5 M €
Debts	94,8 M €	+26.1%	75,2 M €	+38.3%	54,4 M €	-12.4%	62,1 M €	+3.2%	60,2 M €	+31.9%	45,6 M €	+8.8%	41,9 M €	+134%	17,9 M €	+232%	5,4 M €	-12.4%	6,2 M €	-23.5%	8 M €	+51.4%	5,3 M €	-2.9%	5,5 M €	-34.9%	8,4 M €	-2.2%	8,6 M €	+26.4%	6,8 M €	-30.5%	9,8 M €	-10.4%	10,9 M €	+6.1%	10,3 M €
Other
Workforce	244,5 ETP	-19.2%	302,6 ETP	-0.7%	304,7 ETP	-13.6%	352,8 ETP	-4.3%	368,6 ETP	+57.8%	233,6 ETP	+27.0%	183,9 ETP	+41.1%	130,3 ETP	+21.8%	107,0 ETP	+10.9%	96,5 ETP	+4.0%	92,8 ETP	+1.1%	91,8 ETP	-2.5%	94,2 ETP	-10.5%	105,2 ETP	-2.5%	107,9 ETP	0.0%	107,9 ETP	+0.3%	107,6 ETP	+4.3%	103,2 ETP	+3.5%	99,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 56 ended

Active mandates

Maura Anne SPELLMAN

Director · since 21 novembre 2022

Active

Petrus Thomas Adrianus VAN DER ZANDE

Director · since 21 novembre 2022

Active

Ended mandates

Bernard Emile JACQUES

Director · since 26 décembre 2023

Ended

Guillaume MOREALE

Managing director · since 08 décembre 2022 · until 26 décembre 2023

Ended

Guillaume MOREALE

Managing director · since 08 décembre 2022

Ended

Maura Anne SPELLMAN

Director · since 15 janvier 2021 · until 15 juin 2026

Ended

At this address

Other companies at this address

Company	CBE no.
GINKGO PARC● Active	0846.024.595
HENOGEN SA / GINKGO PARK SA● Active	0786.803.622

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	16/06/2026	02/10/2025	08/07/2025	28/08/2023	20/07/2022	01/07/2021
General meeting	15/06/2026	16/06/2025	16/06/2025	16/08/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	16/06/2026	French	PDF
Full modelCorrection	31/12/2024	16/06/2025	02/10/2025	French	PDF
Full model	31/12/2024	16/06/2025	16/06/2025	French	PDF
Full modelCorrection	31/12/2023	16/06/2025	08/07/2025	French	PDF
Full model	31/12/2023	26/06/2024	31/07/2024	French	PDF
Full model	31/12/2022	16/08/2023	28/08/2023	French	PDF
Full model	31/12/2021	30/06/2022	20/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	French	PDF
Full model	31/12/2019	30/10/2020	30/10/2020	French	PDF
Full model	31/12/2018	20/06/2019	01/07/2019	French	PDF
Full model	31/12/2017	18/06/2018	29/06/2018	French	PDF
Full model	31/12/2016	19/06/2017	19/06/2017	French	PDF
Full model	31/12/2015	20/06/2016	20/06/2016	French	PDF
Full model	31/12/2014	15/06/2015	26/06/2015	French	PDF
Full model	31/12/2013	30/06/2014	25/07/2014	French	PDF
Full model	31/12/2012	17/06/2013	24/06/2013	French	PDF
Full model	31/12/2011	18/06/2012	26/06/2012	French	PDF
Full model	31/12/2010	29/04/2011	22/06/2011	French	PDF
Full model	31/12/2009	04/05/2010	18/05/2010	French	PDF
Full model	31/12/2008	27/05/2009	15/06/2009	French	PDF
Full model	31/12/2007	28/05/2008	24/06/2008	French	PDF
Full model	31/12/2006	02/05/2007	29/05/2007	French	PDF

Estimate

Indicative valuation

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 56 ended

Active mandates

Maura Anne SPELLMAN

Director · since 21 novembre 2022

Active

Petrus Thomas Adrianus VAN DER ZANDE

Director · since 21 novembre 2022

Active

Ended mandates

Bernard Emile JACQUES

Director · since 26 décembre 2023

Ended

Guillaume MOREALE

Managing director · since 08 décembre 2022 · until 26 décembre 2023

Ended

Guillaume MOREALE

Managing director · since 08 décembre 2022

Ended

Maura Anne SPELLMAN

Director · since 15 janvier 2021 · until 15 juin 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other25/08/2026
DIVERS
PDF
Mandates04/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates11/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates16/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/11/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2022
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-14,9 M €↓
2024
Annual accounts 2024-14,2 M €↑
26/06/2024
reconductionPWC REVISEURS D'ENTREPRISES SRL — commissaire
2023
Annual accounts 2023-14,4 M €↓
26/12/2023
nominationBernard Emile JACQUES — administrateur
2022
Annual accounts 2022-11,4 M €↓
08/12/2022
nominationGuillaume MOREALE — administrateur
15/07/2022
revocationMathieu Boxus — pouvoirs de représentation
15/07/2022
nominationMathieu Boxus — délégué à la gestion journalière
2021
Annual accounts 202137,2 M €↑
15/01/2021
revocationCédric Volanti — pouvoirs de représentation
2019
Annual accounts 2019-10,4 M €↓
2018
Annual accounts 20182,2 M €↓
2017
Annual accounts 20173,7 M €↑
2016
Annual accounts 20163,4 M €↑
2015
Annual accounts 20153,1 M €↑
2014
Annual accounts 2014-3,2 M €↑
2013
Annual accounts 2013-4 M €↑
2012
Annual accounts 2012-6,6 M €↓
2011
Annual accounts 2011-711,7 k €↓
2010
Annual accounts 2010232,4 k €↑
2009
Annual accounts 2009-462,5 k €↓
2008
Annual accounts 20082,4 M €↑
2007
Annual accounts 2007-2,6 M €↓
2006
Annual accounts 2006-2 M €
19/11/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HENOGEN

Overview

What does HENOGEN do?

Trend over 19 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline