HENIN PASCAL
InactiveFinancials · financial year 2023, full format
Turnover
≈ €1.6m
Estimated: probably between €970,000 and €2.8m
EBIT margin
Not included in this filing
Net result
€366,244▲ 316%
2022 · €88,018
Working capital
€813,429▲ 88.8%
2022 · €430,866
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result recovers in 2023; 2023 is 4.1 times 2022 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€491,921
2023
Net result€366,244
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€893,122
2023
Equity€847,998
2023
Debt€45,124
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€813,429
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)3
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€88,045-€135,278▲ 53.6%€102,519▼ 24.2%€141,545▲ 38.1%€119,439▼ 15.6%€491,921▲ 312%
Net result€54,218-€85,350▲ 57.4%€71,264▼ 16.5%€111,834▲ 56.9%€88,018▼ 21.3%€366,244▲ 316%
Equity€260,288-€255,638▼ 1.8%€326,901▲ 27.9%€393,736▲ 20.4%€481,754▲ 22.4%€847,998▲ 76.0%
Total assets€288,303-€281,872▼ 2.2%€352,714▲ 25.1%€464,519▲ 31.7%€518,559▲ 11.6%€893,122▲ 72.2%
Debt€28,015-€26,234▼ 6.4%€25,813▼ 1.6%€70,783▲ 174%€36,805▼ 48.0%€45,124▲ 22.6%
Working capital€197,668-€209,405▲ 5.9%€303,822▲ 45.1%€329,858▲ 8.6%€430,866▲ 30.6%€813,429▲ 88.8%
Staff (FTE)3.3-2.9▼ 12.1%2.9=3▲ 3.4%3=3=
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €893,122
Fixed assets
€35,142 ▼ 30.9%
Current assets
€857,980 ▲ 83.5%
Equity and liabilities €893,122
Equity
€847,998 ▲ 76.0%
Debt
€45,124 ▲ 22.6%
Debt's share of the balance-sheet total falls from 7.1% to 5.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€509,017▲
2022 · €135,429
Cash flow
€383,341▲
2022 · €104,008
Current ratio
19.26▲
2022 · 12.71
Debt to equity
0.05▼
2022 · 0.08
ROE
43.2%▲
2022 · 18.3%
ROA
41.0%▲
2022 · 17.0%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€44,551▲
2022 · €36,805
Income taxes
€125,627▲
2022 · €32,019
Staff costs
€176,000▲
2022 · €138,756
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €128,896 | €138,756 | €176,000 | ▲ 26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,934 | €24,519 | €23,154 | €16,490 | €15,990 | €17,096 | ▲ 6.9% |
| Other operating charges640/8 | - | - | - | €4,015 | €1,228 | €1,595 | ▲ 29.9% |
| Gross operating margin9900 | €258,140 | €283,679 | €257,194 | €290,945 | €275,414 | €686,611 | ▲ 149% |
| Operating profit (loss)9901 | €88,045 | €135,278 | €102,519 | €141,545 | €119,439 | €491,921 | ▲ 312% |
| Financial income75/76B | - | - | - | €1,274 | €1,043 | €914 | ▼ 12.4% |
| Recurring financial income75 | €406 | €444 | €935 | €1,274 | €1,043 | €914 | ▼ 12.4% |
| Financial charges65/66B | - | - | - | €312 | €446 | €964 | ▲ 116% |
| Recurring financial charges65 | €129 | €259 | €6,621 | €312 | €446 | €964 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €88,322 | €135,463 | €96,833 | €142,508 | €120,037 | €491,871 | ▲ 310% |
| Income taxes67/77 | €34,104 | €50,113 | €25,569 | €30,674 | €32,019 | €125,627 | ▲ 292% |
| Profit (loss) for the period9904 | €54,218 | €85,350 | €71,264 | €111,834 | €88,018 | €366,244 | ▲ 316% |
| Profit (loss) for the period to be appropriated9905 | €54,218 | €85,350 | €71,264 | €111,834 | €88,018 | €366,244 | ▲ 316% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €288,303 | €281,872 | €352,714 | €464,519 | €518,559 | €893,122 | ▲ 72.2% |
| Fixed assets21/28 | €62,620 | €46,233 | €23,079 | €63,877 | €50,887 | €35,142 | ▼ 30.9% |
| Tangible fixed assets22/27 | €62,620 | €46,233 | €23,079 | €63,877 | €47,887 | €32,142 | ▼ 32.9% |
| Furniture and vehicles24 | - | - | - | €45,987 | €34,529 | €23,072 | ▼ 33.2% |
| Other tangible fixed assets26 | - | - | - | €17,890 | €13,358 | €9,070 | ▼ 32.1% |
| Financial fixed assets28 | - | - | - | - | €3,000 | €3,000 | = |
| Current assets29/58 | €225,683 | €235,639 | €329,635 | €400,641 | €467,671 | €857,980 | ▲ 83.5% |
| Amounts receivable after more than one year29 | - | - | - | €12,090 | - | - | - |
| Other amounts receivable291 | - | - | - | €12,090 | - | - | - |
| Amounts receivable within one year40/41 | €54,913 | €19,652 | €48,490 | €57,938 | €60,417 | €467,979 | ▲ 675% |
| Trade receivables40 | - | - | - | €6,291 | €10,417 | €539 | ▼ 94.8% |
| Other amounts receivable41 | - | - | - | €51,647 | €50,000 | €467,440 | ▲ 835% |
| Current investments50/53 | €23,242 | €23,136 | €17,307 | €3,143 | €3,143 | €3,143 | = |
| Cash at bank and in hand54/58 | €141,320 | €190,385 | €246,179 | €327,470 | €399,811 | €382,415 | ▼ 4.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4,300 | €4,444 | ▲ 3.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €288,303 | €281,872 | €352,714 | €464,519 | €518,559 | €893,122 | ▲ 72.2% |
| Equity10/15 | €260,288 | €255,638 | €326,901 | €393,736 | €481,754 | €847,998 | ▲ 76.0% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €56,078 | €56,078 | €127,341 | €82,342 | €462,342 | €828,482 | ▲ 79.2% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | - | - | €80,482 | €460,482 | €828,482 | ▲ 79.9% |
| Profit (loss) carried forward14 | €185,618 | €180,968 | €180,968 | €292,802 | €820 | €923 | ▲ 12.6% |
| Amounts payable17/49 | €28,015 | €26,234 | €25,813 | €70,783 | €36,805 | €45,124 | ▲ 22.6% |
| Amounts payable within one year42/48 | €28,015 | €26,234 | €25,813 | €70,783 | €36,805 | €44,551 | ▲ 21.0% |
| Financial debts43 | - | - | - | - | - | €7,618 | - |
| Credit institutions430/8 | - | - | - | - | - | €7,618 | - |
| Trade debts44 | €2,979 | €1,057 | €964 | €977 | €1,607 | €2,237 | ▲ 39.2% |
| Suppliers440/4 | - | - | - | €977 | €1,607 | €2,237 | ▲ 39.2% |
| Advances received on contracts in progress46 | - | - | - | - | €237 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €32,262 | €34,197 | €34,697 | ▲ 1.5% |
| Taxes450/3 | - | - | - | €11,396 | €14,431 | €9,765 | ▼ 32.3% |
| Remuneration and social security454/9 | - | - | - | €20,866 | €19,766 | €24,932 | ▲ 26.1% |
| Other amounts payable47/48 | - | - | - | €37,545 | €765 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €573 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,218 | €85,350 | €71,264 | €111,834 | €88,018 | €366,244 | ▲ 316% |
| + Depreciation and write-downs630 | €30,934 | €24,519 | €23,154 | €16,490 | €15,990 | €17,096 | ▲ 6.9% |
| Operating cash flow (approximation) | €85,152 | €109,869 | €94,418 | €128,323 | €104,008 | €383,341 | ▲ 269% |
| Investment in fixed assets (approximation) | - | -€8,132 | €0 | -€57,288 | -€3,000 | -€1,351 | ▲ 55.0% |
| Change in cash | - | €49,065 | €55,794 | €81,291 | €72,340 | -€17,396 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 28-06-2024 | 2024-00192546 |
| 31-12-2022 | full format | 30-06-2023 | 2023-00194072 |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20065624 |
| 31-12-2020 | micro format | 05-07-2021 | 2021-30000193 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67100149 |
| 31-12-2018 | micro format | 22-07-2019 | 2019-35100499 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60200185 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-49000403 |
| 31-12-2015 | full format | 17-08-2016 | 2016-42700360 |
| 31-12-2014 | full format | 31-08-2015 | 2015-56600532 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.