ACTIVE

Henoe

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Financial year 2025 · closed on 31/12/2025

Net result

-4 k €

+89.9% YoY

Gross margin

537,5 k €

+2.0% YoY

Equity

483,7 k €

-0.8% YoY

Workforce

8,6 ETP

What does Henoe do?

Henoe is a Private limited company incorporated in 2001. Its registered office is in Merksplas. It employs on average 8,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.161.230

Incorporation

03/07/2001

Legal form

Private limited company

Registered office

Steenweg op Weelde 12A
2330 Merksplas · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

8,6 ETP

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	537,5 k €	+2.0%	527,1 k €	-13.5%	609,5 k €	+4.0%	585,8 k €	+26.2%	464,2 k €	-14.5%	542,8 k €	+11.9%	485,1 k €	-12.9%	556,9 k €	+3.0%	540,9 k €	+0.3%	539,3 k €	-0.8%	543,4 k €	+30.0%	418 k €	+19.0%	351,2 k €	+72.0%	204,2 k €	-16.2%	243,7 k €	+7.8%	226,1 k €	+37.9%	164 k €	+12.9%	145,3 k €	+56.3%	93 k €
EBITDA	22,2 k €	+219%	-18,7 k €	-126%	72,5 k €	-61.0%	185,8 k €	+166%	69,8 k €	-14.6%	81,7 k €	+184%	28,8 k €	-80.3%	146,3 k €	-1.7%	148,9 k €	-18.2%	182,1 k €	-17.1%	219,7 k €	+17.6%	186,9 k €	+29.4%	144,4 k €	+55.6%	92,8 k €	-24.3%	122,7 k €	-7.6%	132,7 k €	+90.4%	69,7 k €	-18.2%	85,3 k €	+33.3%	64 k €
Operating result	-5,4 k €	+87.4%	-43,1 k €	-180%	53,6 k €	-65.4%	154,9 k €	+235%	46,3 k €	-15.2%	54,6 k €	+4651%	1,1 k €	-98.9%	106,8 k €	+59.3%	67,1 k €	-33.2%	100,4 k €	-29.1%	141,5 k €	+120%	64,5 k €	+59.3%	40,5 k €	+29.5%	31,3 k €	-53.2%	66,8 k €	+58.7%	42,1 k €	+50.3%	28 k €	-10.6%	31,3 k €	+240%	9,2 k €
Net result	-4 k €	+89.9%	-39,6 k €	-198%	40,4 k €	-46.8%	75,9 k €	+173%	27,8 k €	-33.2%	41,6 k €	+457%	-11,6 k €	-149%	23,6 k €	-10.2%	26,3 k €	-54.8%	58,2 k €	-18.1%	71,1 k €	+195%	24,1 k €	+34.1%	18 k €	+38.6%	13 k €	-65.3%	37,4 k €	+125%	16,6 k €	-2.3%	17 k €	+15.4%	14,7 k €	+434%	2,8 k €
Balance sheet
Equity	483,7 k €	-0.8%	487,7 k €	-7.5%	527,3 k €	+8.3%	486,9 k €	+18.5%	411 k €	+8.2%	379,9 k €	+12.3%	338,3 k €	-3.3%	350 k €	+7.2%	326,3 k €	+8.8%	300 k €	+24.1%	241,8 k €	+41.7%	170,7 k €	+26.6%	134,8 k €	+15.4%	116,8 k €	-1.7%	118,9 k €	+45.8%	81,5 k €	+3.2%	79 k €	+27.4%	62 k €	+8.3%	57,3 k €
Total assets	913,5 k €	+5.8%	863,6 k €	+2.7%	841,1 k €	+2.4%	821,5 k €	-13.2%	946,6 k €	-0.3%	949,6 k €	-9.0%	1 M €	+9.6%	952,2 k €	+5.1%	905,8 k €	+1.8%	890 k €	-7.8%	964,8 k €	+18.9%	811,3 k €	+35.3%	599,6 k €	+12.2%	534,2 k €	+44.8%	368,9 k €	-29.1%	520 k €	-0.9%	525 k €	+102%	260,4 k €	-1.0%	263,1 k €
Cash	25,5 k €	-58.4%	61,3 k €	-43.1%	107,6 k €	+161%	41,2 k €	-55.5%	92,5 k €	+183%	32,7 k €	+204%	10,8 k €	-48.0%	20,7 k €	-56.6%	47,7 k €	+92.2%	24,8 k €	-50.7%	50,3 k €	+76.5%	28,5 k €	+580%	4,2 k €	-84.6%	27,3 k €	-41.8%	46,8 k €	-35.2%	72,2 k €	+538%	11,3 k €	-85.0%	75,4 k €	+152%	30 k €
Debts	429,8 k €	+14.5%	375,4 k €	+19.6%	313,8 k €	-6.2%	334,6 k €	-37.5%	535,6 k €	-5.5%	566,7 k €	-19.6%	705,2 k €	+17.1%	602,2 k €	+4.0%	579 k €	-1.3%	586,5 k €	-18.9%	723 k €	+12.9%	640,6 k €	+41.4%	453 k €	+12.1%	404,1 k €	+71.0%	236,3 k €	-46.0%	437,4 k €	-1.8%	445,5 k €	+125%	197,8 k €	-3.6%	205,1 k €
Other
Workforce	8,6 ETP		0,0 ETP		0,0 ETP	-100%	7,2 ETP	+4.3%	6,9 ETP	+1.5%	6,8 ETP	-12.8%	7,8 ETP	+16.4%	6,7 ETP	-1.5%	6,8 ETP	-2.9%	7,0 ETP	+20.7%	5,8 ETP	+16.0%	5,0 ETP	+22.0%	4,1 ETP	+78.3%	2,3 ETP	-30.3%	3,3 ETP	+65.0%	2,0 ETP	0.0%	2,0 ETP	+42.9%	1,4 ETP	+40.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Bart Noeyens

Director

Active

Ended mandates

Bart Noeyens

Administrator - manager

Ended

BART NOEYENS

Mandate

Ended

BART NOEYENS

Manager

Ended

BEN HEYNS

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Noeyens Victor & Bart● Active	0843.030.067

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	07/07/2026	11/06/2025	08/08/2024	28/08/2023	08/09/2022	29/10/2021
General meeting	30/06/2026	01/06/2025	30/06/2024	30/06/2023	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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	07/07/2026	Dutch	PDF
Abridged model	31/12/2024	01/06/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	08/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	08/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	29/10/2021	Dutch	PDF
Abridged model	31/12/2019	22/09/2020	14/10/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	24/09/2019	Dutch	PDF
Abridged model	31/12/2017	27/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	16/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 1 active · 5 ended

Active mandates

Bart Noeyens

Director

Active

Ended mandates

Bart Noeyens

Administrator - manager

Ended

BART NOEYENS

Mandate

Ended

BART NOEYENS

Manager

Ended

BEN HEYNS

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office04/04/2008
MAATSCHAPPELIJKE ZETEL
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 2025-4 k €↑
2024
Annual accounts 2024-39,6 k €↓
2023
Annual accounts 202340,4 k €↓
2022
Annual accounts 202275,9 k €↑
2021
Annual accounts 202127,8 k €↓
2019
Annual accounts 201941,6 k €↑
2018
Annual accounts 2018-11,6 k €↓
2017
Annual accounts 201723,6 k €↓
2016
Annual accounts 201626,3 k €↓
2015
Annual accounts 201558,2 k €↓
2014
Annual accounts 201471,1 k €↑
2013
Annual accounts 201324,1 k €↑
2012
Annual accounts 201218 k €↑
2011
Annual accounts 201113 k €↓
2010
Annual accounts 201037,4 k €↑
2009
Annual accounts 200916,6 k €↓
2009
Name changeHenoe
2008
Annual accounts 200817 k €↑
2007
Annual accounts 200714,7 k €↑
2006
Annual accounts 20062,8 k €
2006
Name changeHENO
03/07/2001
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

Henoe

Overview

What does Henoe do?

Trend over 19 financial years

Indicative valuation

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