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Henkens Frères

Active
Public limited companyfounded 1968active for 58 yearsRue Saint-Martin 6, 4841 Welkenraedt, BelgiumKBO/BCE: BE 0402.458.344
Summary

Henkens Frères has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €84,983, of which €438,801 non-recurring income. Equity has been shrinking by about 6.1% per year since 2018. Its solvency ranks better than 14% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
Henkens FrèresActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 2 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025and 1 other
Establishment units
2.003.988.425 4841 Welkenraedt, since 01-01-1954
2.373.232.385 4841 Welkenraedt, since 01-01-2025
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Board and ownership

Board
Auditor
Axylium Audit
Shareholders
  • GMC Hg2025 annual accounts of GMC Hg
Board & ownership

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Turnover
€21.1m
▲ 6.8%
Profit
€84,983
▲ 42.8%
Equity
€1.7m
▼ 43.6%
Total assets
€13.0m
▲ 10.0%
Employees on 31-12-2025
118
▼ 7.1%
  • 2025 accounts filed 54 days after the deadline
Financials
Score breakdownraises riskEquity €1.7m (13.1% of total assets)Sector: Specialised construction activities (NACE 43)Last filed accounts filed 54 days late; 3 of the last 3 accounts latelowers riskLegal form: public limited companyShow the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 23% of medium-sized companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 38-13
equity 13.1% of total assets
Liquidity 17-10
short-term debt 80.2% · cash 8.4%
Profitability 55-1
return on assets 0.7%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (241 companies, NACE 43, medium-sized)
Last 24 months 12-2024: 0.7%lowest value 01-2025: 0.9%▲ +0.2 percentage points vs 12-2024 02-2025: 0.8%▼ -0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.5 percentage points vs 07-2025 09-2025: 1.6%▲ +0.2 percentage points vs 08-2025 10-2025: 2.2%▲ +0.6 percentage points vs 09-2025highest value 11-2025: 1.1%▼ -1.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.0%▼ -0.8 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.25 in 2024), below the usual 1.5. Short-term debt is 80.2% and cash 8.4% of total assets. 86.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized). It does better than 13% of them on solvency, 14% on liquidity, 31% on profitability and 35% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Equity €1.7m (13.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Last filed accounts filed 54 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2445 sector peers (2025).
NBB · sector comparison
Position among 2445 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
54 days late
2024
417 days late
2023
42 days late
2022
27 days early
2021
40 days early
2020
40 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 September (4 of the last 5 accounts filed within 83 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Welkenraedt, Construction sectorin the Checked rankings No. 1 View
  • Caution: Equity fell in 2025from €3.0m to €1.7m ▼ 43.6% View
  • Positive: 8 profitable years in a rowprofit 2025: €84,983, mostly one-off 8 years View
  • New directorslatest change 01-06-2026 · 3 in office 2 joined View

Recent changes

  1. · Gazette deed Reappointments: Christian Bonaventure (director) and Michel Thérer (director)
  2. · Gazette deed Resignation: BDO Réviseurs d'Entreprises (statutory auditor)Appointment: AXYLIUM AUDIT (statutory auditor)
  3. · Gazette deed 1 director appointed, 1 director resigningResignation: GMC Hg (director) · Permanent representative: Gérard STRUVAY · Appointment: Denis RICHELLE (director)
All 15 events

Companies linked to Henkens Frères

Comparable companies

These companies have the same main activity as Henkens Frères: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €9.6m and €17m, founded between 1950 and 1979.

CompanyTotal assetsTurnover
Henkens Frères Welkenraedt€13.0m€21.1m
Etablissements Jordan Farciennes€12.4m€21.7m
TECHNIGROUP Herentals€12.9m€24.6m
SABCOBEL HEIDI FRIGOS Sint-Niklaas€9.6m€23.9m
ISB BUILDING TECHNICS Sint-Joost-ten-Node€13.2m€25.3m
VMA be.Maintenance Anderlecht€16.6m€30.4m
Weishaupt Anderlecht€13.3m€22.3m
Full comparison

Key facts about Henkens Frères
What is the company number of Henkens Frères?
The company number of Henkens Frères is 0402.458.344. The VAT number is the same number with BE in front: BE 0402.458.344.
Where is Henkens Frères based?
The registered office is at Rue Saint-Martin 6, 4841 Welkenraedt.Company details
What does Henkens Frères do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Henkens Frères?
The legal form of Henkens Frères is Public limited company (NV).
When was Henkens Frères founded?
Henkens Frères was founded on 01-01-1968.
Is Henkens Frères still active?
Yes, Henkens Frères is an active enterprise in the KBO register.
How many employees does Henkens Frères have?
Henkens Frères had an average of 118.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Henkens Frères fall under?
In its 2025 annual accounts, Henkens Frères states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw), 124 (Paritair Comité voor het bouwbedrijf), 200 (Aanvullend Paritair Comité voor de bedienden) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of Henkens Frères?
The turnover of Henkens Frères was €21.1m in financial year 2025, according to the filed annual accounts.
Is Henkens Frères profitable?
In financial year 2025, Henkens Frères made a profit of €84,983.
Where can I find the annual accounts of Henkens Frères?
Henkens Frères filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Henkens Frères due?
Henkens Frères must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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