ACTIVE

HENOVA

Financial year 2025 · closed on 31/12/2025
Net result
33,6 k €
+110.8% YoY
Gross margin
69,3 k €
+58.8% YoY
Equity
283,5 k €
+13.4% YoY

What does HENOVA do?

HENOVA is a Public limited company incorporated in 2010. Its registered office is in Herve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.965.040
Incorporation
16/12/2010
Legal form
Public limited company
Registered office
Rue des Meuneries 10
4650 Herve · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin69,3 k €43,7 k €88,5 k €131,2 k €74,1 k €166,5 k €106,1 k €73,7 k €90 k €115,1 k €64,5 k €75,9 k €77,4 k €55,3 k €65,1 k €
EBITDA69,1 k €43,5 k €87,9 k €106,7 k €73,8 k €144,6 k €105,9 k €36,9 k €75,7 k €70,9 k €2,2 k €10,8 k €14 k €7 k €13,8 k €
Operating result68,9 k €43,5 k €38,9 k €57,7 k €25,1 k €94,7 k €56,1 k €36,3 k €74,6 k €69,7 k €450,9 €9,2 k €10,1 k €1,7 k €6,4 k €
Net result33,6 k €15,9 k €14,9 k €29,2 k €2,9 k €43,1 k €22,2 k €11,1 k €43,4 k €23,5 k €-1,5 k €5,3 k €3,9 k €508,1 €3,5 k €
Balance sheet
Equity283,5 k €249,9 k €234 k €219,1 k €189,8 k €187 k €143,9 k €121,7 k €110,6 k €97,2 k €73,7 k €75,2 k €69,9 k €66 k €65,5 k €
Total assets1,1 M €1,1 M €1,1 M €935,6 k €1 M €1,3 M €1,5 M €1,3 M €863,3 k €644,8 k €299,7 k €223,1 k €196,9 k €111,8 k €132,5 k €
Cash10,4 k €11,4 k €27,6 k €10 k €29,7 k €8,7 k €28,3 k €8,2 k €88,7 k €31 k €4,4 k €4,6 k €5,3 k €6,8 k €
Debts782,4 k €820 k €866,3 k €716,4 k €836,3 k €1 M €1,4 M €1,2 M €752,7 k €547,6 k €226,1 k €147,9 k €126,7 k €45,8 k €67 k €
Other
Workforce1,0 ETP1,1 ETP1,2 ETP1,0 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

4m GROUP

Director · 0817.814.720

Represented by DOMENICO PETTA

Active
JGMM

Director · 0657.912.990

Represented by Mathieu Mannesberg

Active
P3 INVEST

Director · 0899.160.405

Represented by Dominique Maréchal

Active

Ended mandates

JGMM

Managing director · since 01 octobre 2017 · until 30 septembre 2023 · 0657.912.990

Represented by Mathieu Mannesberg

Ended
JGMM

Managing director · since 01 octobre 2017 · until 30 septembre 2023 · 0657.912.990

Ended
P3 INVEST

Director · since 01 octobre 2017 · until 30 septembre 2023 · 0899.160.405

Ended
P3 INVEST

Director · since 01 octobre 2017 · until 30 septembre 2023 · 0899.160.405

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202610/07/202528/08/202431/07/202313/07/202206/07/2021
General meeting25/06/202626/06/202528/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202627/07/2026FrenchPDF
Micro model31/12/202426/06/202510/07/2025FrenchPDF
Micro model31/12/202328/06/202428/08/2024FrenchPDF
Micro model31/12/202223/06/202331/07/2023FrenchPDF
Micro model31/12/202124/06/202213/07/2022FrenchPDF
Micro model31/12/202025/06/202106/07/2021FrenchPDF
Micro model31/12/201926/06/202003/08/2020FrenchPDF
Micro model31/12/201828/06/201931/07/2019FrenchPDF
Micro model31/12/201722/06/201822/08/2018FrenchPDF
Micro model31/12/201623/06/201722/08/2017FrenchPDF
Abridged model31/12/201524/06/201623/08/2016FrenchPDF
Abridged model31/12/201426/06/201517/08/2015FrenchPDF
Abridged model31/12/201327/06/201425/07/2014FrenchPDF
Abridged model31/12/201228/06/201309/08/2013FrenchPDF
Abridged model31/12/201122/06/201231/07/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 active · 20 ended

Active mandates

4m GROUP

Director · 0817.814.720

Represented by DOMENICO PETTA

Active
JGMM

Director · 0657.912.990

Represented by Mathieu Mannesberg

Active
P3 INVEST

Director · 0899.160.405

Represented by Dominique Maréchal

Active

Ended mandates

JGMM

Managing director · since 01 octobre 2017 · until 30 septembre 2023 · 0657.912.990

Represented by Mathieu Mannesberg

Ended
JGMM

Managing director · since 01 octobre 2017 · until 30 septembre 2023 · 0657.912.990

Ended
P3 INVEST

Director · since 01 octobre 2017 · until 30 septembre 2023 · 0899.160.405

Ended
P3 INVEST

Director · since 01 octobre 2017 · until 30 septembre 2023 · 0899.160.405

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/11/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/08/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/07/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Other20/12/2010
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202533,6 k €
  2. 2024
    Annual accounts 202415,9 k €
  3. 2023
    Annual accounts 202314,9 k €
  4. 2022
    Annual accounts 202229,2 k €
  5. 2021
    Annual accounts 20212,9 k €
  6. 2020
    Annual accounts 202043,1 k €
  7. 2019
    Annual accounts 201922,2 k €
  8. 2018
    Annual accounts 201811,1 k €
  9. 2017
    Annual accounts 201743,4 k €
  10. 2016
    Annual accounts 201623,5 k €
  11. 2015
    Annual accounts 2015-1,5 k €
  12. 2014
    Annual accounts 20145,3 k €
  13. 2013
    Annual accounts 20133,9 k €
  14. 2012
    Annual accounts 2012508,1 €
  15. 2011
    Annual accounts 20113,5 k €
  16. 16/12/2010
    IncorporationPublic limited company