Henbaco
ActiveSummary
Henbaco has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €573,302 and a net result of €96,032. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-1
Solvency81▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.05 in 2023; short-term debt: 30.5% and cash: 0.1% of total assets), and 44.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
56 d late
2022
56 d late
2021
74 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€573,302▲ 20.1%
2023 · €477,270
Total assets
€1.0m▲ 2.0%
2023 · €1.0m
Net result
€96,032▲ 0.6%
2023 · €95,450
Working capital
-€274,682▼ 7.8%
2023 · -€254,925
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€17,747--€6,414▲ 63.9%-€11,131▼ 73.5%-€11,576▼ 4.0%
Net result€12,548-€106,772▲ 751%€95,450▼ 10.6%€96,032▲ 0.6%
Equity€275,048-€381,820▲ 38.8%€477,270▲ 25.0%€573,302▲ 20.1%
Total assets€1.0m-€1.0m▼ 0.8%€1.0m▼ 0.4%€1.0m▲ 2.0%
Debt€746,603-€631,296▼ 15.4%€531,569▼ 15.8%€455,866▼ 14.2%
Working capital-€229,701--€235,969▼ 2.7%-€254,925▼ 8.0%-€274,682▼ 7.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,576 in 2024 against €11,131 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€990,159 ▼ 0.5%
Current assets
€39,009 ▲ 176%
Equity and liabilities €1.0m
Equity
€573,302 ▲ 20.1%
Debt
€455,866 ▼ 14.2%
Debt's share of the balance-sheet total falls from 52.7% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€7,017▼
2023 · -€6,572
Cash flow
€100,591▲
2023 · €100,009
Current ratio
0.12▲
2023 · 0.05
Debt to equity
0.80▼
2023 · 1.11
ROE
16.8%▼
2023 · 20.0%
ROA
9.3%▼
2023 · 9.5%
Interest coverage
-1.63▼
2023 · -1.21
Debt ≤ 1 year
€313,691▲
2023 · €269,047
Debt > 1 year
€142,175▼
2023 · €262,523
Income taxes
€9,600▲
2023 · €9,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,738 | €4,559 | €4,559 | €4,559 | = |
| Other operating charges640/8 | €886 | €603 | €1,165 | €1,226 | ▲ 5.3% |
| Gross operating margin9900 | -€8,124 | -€1,252 | -€5,407 | -€5,790 | ▼ 7.1% |
| Operating profit (loss)9901 | -€17,747 | -€6,414 | -€11,131 | -€11,576 | ▼ 4.0% |
| Financial income75/76B | €145,000 | €130,500 | €121,500 | €121,500 | = |
| Recurring financial income75 | €145,000 | €130,500 | €121,500 | €121,500 | = |
| Financial charges65/66B | €113,505 | €6,664 | €5,418 | €4,293 | ▼ 20.8% |
| Recurring financial charges65 | €113,505 | €6,664 | €5,418 | €4,293 | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €13,748 | €117,422 | €104,950 | €105,632 | ▲ 0.6% |
| Income taxes67/77 | €1,200 | €10,650 | €9,500 | €9,600 | ▲ 1.1% |
| Profit (loss) for the period9904 | €12,548 | €106,772 | €95,450 | €96,032 | ▲ 0.6% |
| Profit (loss) for the period to be appropriated9905 | €12,548 | €106,772 | €95,450 | €96,032 | ▲ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 2.0% |
| Fixed assets21/28 | €1.0m | €999,277 | €994,718 | €990,159 | ▼ 0.5% |
| Intangible fixed assets21 | €14,057 | €9,498 | €4,939 | €380 | ▼ 92.3% |
| Financial fixed assets28 | €989,779 | €989,779 | €989,779 | €989,779 | = |
| Current assets29/58 | €17,816 | €13,839 | €14,122 | €39,009 | ▲ 176% |
| Amounts receivable within one year40/41 | €8,633 | €9,680 | €10,272 | €35,267 | ▲ 243% |
| Trade receivables40 | €8,591 | €9,680 | €9,680 | €9,680 | = |
| Other amounts receivable41 | €42 | - | €592 | €25,587 | ▲ 4,224% |
| Cash at bank and in hand54/58 | €5,631 | €571 | €911 | €770 | ▼ 15.5% |
| Deferred charges and accrued income490/1 | €3,552 | €3,589 | €2,939 | €2,972 | ▲ 1.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.0m | €1.0m | ▲ 2.0% |
| Equity10/15 | €275,048 | €381,820 | €477,270 | €573,302 | ▲ 20.1% |
| Contributions10/11 | €262,500 | €262,500 | €262,500 | €262,500 | = |
| Reserves13 | €12,548 | €119,320 | €214,770 | €310,802 | ▲ 44.7% |
| Distributable reserves133 | €12,548 | €119,320 | €214,770 | €310,802 | ▲ 44.7% |
| Amounts payable17/49 | €746,603 | €631,296 | €531,569 | €455,866 | ▼ 14.2% |
| Amounts payable after more than one year17 | €499,087 | €381,488 | €262,523 | €142,175 | ▼ 45.8% |
| Financial debts170/4 | €499,087 | €381,488 | €262,523 | €142,175 | ▼ 45.8% |
| Amounts payable within one year42/48 | €247,516 | €249,808 | €269,047 | €313,691 | ▲ 16.6% |
| Current portion of amounts payable after more than one year42 | €116,248 | €117,599 | €118,965 | €120,348 | ▲ 1.2% |
| Financial debts43 | - | - | - | €3,544 | - |
| Credit institutions430/8 | - | - | - | €3,544 | - |
| Trade debts44 | €3,509 | €4,552 | €3,872 | €4,840 | ▲ 25.0% |
| Suppliers440/4 | €3,509 | €4,552 | €3,872 | €4,840 | ▲ 25.0% |
| Taxes, remuneration and social security45 | €1,200 | €12,098 | €20,150 | €19,100 | ▼ 5.2% |
| Taxes450/3 | €1,200 | €12,098 | €20,150 | €19,100 | ▼ 5.2% |
| Other amounts payable47/48 | €126,559 | €115,559 | €126,059 | €165,859 | ▲ 31.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,548 | €106,772 | €95,450 | €96,032 | ▲ 0.6% |
| + Depreciation and write-downs630 | €8,738 | €4,559 | €4,559 | €4,559 | = |
| Operating cash flow (approximation) | €21,286 | €111,331 | €100,009 | €100,591 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€5,060 | €340 | -€141 | ▼ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500,000Eq €573,302 ▲20.1%
4 profitable years in a row build equity to €573,302.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
31-12
Financial
Highest result since 2021net €106,772 ▲751%
Operating result -€6,414, net result €106,772, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2020
Ground area
589 m²
Building footprint
126 m²
Volume, LiDAR
922 m³
Parcel 24514A0105/00N008, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Henbaco
since 20202.322.898.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0105/00N008 | Flanders | 589 m² | 1 · 126 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 3
-
90%
-
90%
-
90%
According to the 2024 annual accounts of Henbaco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 5,317 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743819457
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.