HENNEN
ActiveSummary
HENNEN has been active since 1982 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €576,203 and a net result of €9,524. Equity remains stable across the filed financial years (±1% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €576,203
- Profit
- €9,524
- Kurt Jakob Peter HENNENDirector
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 02-10-2025)2 ex-officio strike-offs in the KBOlowers riskFounded in 1982Equity €576,203 (92.7% of total assets)Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 71% on liquidity, 33% on profitability and 47% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 100 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
- Annual accounts filedfinancial year 2024 · unclassified…
- UBO non-complianceevent 16-06-2025
- Resignation: Kurt Jakob Peter HENNEN (statutarischer…Appointment: Kurt Jakob Peter HENNEN…
Financials · financial year 2024, unclassified schema
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is 70% above 2023 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €760 | €1,921 | €781 | €889 | ▲ 13.8% |
| Gross operating margin9900 | €12,438 | €10,408 | €7,745 | €8,740 | €12,842 | €8,783 | €14,468 | ▲ 64.7% |
| Operating profit (loss)9901 | €11,946 | €9,885 | €7,085 | €7,980 | €10,921 | €8,002 | €13,579 | ▲ 69.7% |
| Financial income75/76B | - | - | - | €3,107 | €3,130 | €3,382 | €4,071 | ▲ 20.4% |
| Recurring financial income75 | €2,222 | €2,853 | €2,692 | €3,107 | €3,130 | €3,382 | €4,071 | ▲ 20.4% |
| Financial charges65/66B | - | - | - | €4,321 | €4,894 | €4,940 | €4,559 | ▼ 7.7% |
| Recurring financial charges65 | €2,596 | €2,615 | €3,850 | €4,321 | €4,894 | €4,940 | €4,559 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €11,572 | €10,123 | €5,927 | €6,766 | €9,157 | €6,444 | €13,091 | ▲ 103% |
| Income taxes67/77 | €7,634 | €3,196 | €1,582 | €1,797 | €2,729 | €1,720 | €3,567 | ▲ 107% |
| Profit (loss) for the period9904 | €3,938 | €6,927 | €4,345 | €4,969 | €6,428 | €4,724 | €9,524 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €3,938 | €6,927 | €4,345 | €4,969 | €6,428 | €4,724 | €9,524 | ▲ 102% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €596,330 | €599,075 | €576,810 | €599,397 | €590,861 | €592,987 | €621,878 | ▲ 4.9% |
| Current assets29/58 | €596,330 | €599,075 | €576,810 | €599,397 | €590,861 | €592,987 | €621,878 | ▲ 4.9% |
| Stocks and contracts in progress3 | €10,802 | €12,626 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €368,738 | €293,949 | €276,934 | €285,109 | €286,264 | €420,733 | €547,369 | ▲ 30.1% |
| Trade receivables40 | - | - | - | €32,543 | €32,699 | €164,618 | €291,773 | ▲ 77.2% |
| Other amounts receivable41 | - | - | - | €252,566 | €253,565 | €256,115 | €255,596 | ▼ 0.2% |
| Cash at bank and in hand54/58 | €216,427 | €288,171 | €299,876 | €314,288 | €304,597 | €172,247 | €74,424 | ▼ 56.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €7 | €85 | ▲ 12× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €596,330 | €599,075 | €576,810 | €599,397 | €590,861 | €592,987 | €621,878 | ▲ 4.9% |
| Equity10/15 | €539,286 | €546,213 | €550,558 | €555,527 | €561,955 | €566,679 | €576,203 | ▲ 1.7% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €518,386 | €525,313 | €529,658 | €534,627 | €541,055 | €545,779 | €555,303 | ▲ 1.7% |
| Amounts payable17/49 | €57,044 | €52,862 | €26,252 | €43,870 | €28,906 | €26,308 | €45,675 | ▲ 73.6% |
| Amounts payable within one year42/48 | €47,250 | €43,946 | €17,085 | €29,058 | €21,179 | €17,250 | €21,012 | ▲ 21.8% |
| Trade debts44 | €38,919 | €37,125 | €12,307 | €25,661 | €16,635 | €12,801 | €15,725 | ▲ 22.8% |
| Suppliers440/4 | - | - | - | €25,661 | €16,635 | €12,801 | €15,725 | ▲ 22.8% |
| Taxes, remuneration and social security45 | - | - | - | €3,397 | €4,544 | €4,449 | €5,287 | ▲ 18.8% |
| Taxes450/3 | - | - | - | €3,397 | €4,544 | €4,449 | €5,287 | ▲ 18.8% |
| Accrued charges and deferred income492/3 | - | - | - | €14,812 | €7,727 | €9,058 | €24,663 | ▲ 172% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,938 | €6,927 | €4,345 | €4,969 | €6,428 | €4,724 | €9,524 | ▲ 102% |
| Operating cash flow (approximation) | €3,938 | €6,927 | €4,345 | €4,969 | €6,428 | €4,724 | €9,524 | ▲ 102% |
| Change in cash | - | €71,744 | €11,705 | €14,412 | -€9,691 | -€132,350 | -€97,823 | ▲ 26.1% |
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 43 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | unclassified schema | 30-09-2025 | 2025-00526660 |
| 31-12-2023 | unclassified schema | 09-10-2024 | 2024-00504829 |
| 31-12-2022 | unclassified schema | 12-10-2023 | 2023-00485743 |
| 31-12-2021 | unclassified schema | 30-11-2022 | 2022-20532875 |
| 31-12-2020 | full format | 27-12-2021 | 2021-81900019 |
| 31-12-2019 | full format | 30-11-2020 | 2020-73900047 |
| 31-12-2018 | full format | 11-10-2019 | 2019-69900377 |
| 31-12-2017 | full format | 27-09-2018 | 2018-66000282 |
| 31-12-2016 | full format | 04-10-2017 | 2017-66300137 |
| 31-12-2015 | full format | 04-10-2016 | 2016-64700349 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Kurt Jakob Peter HENNEN |
|
Owners and capital
Capital and shareholders
- 25-06-2025 Capital conversion · €20,900 · Konto für satzungsgemäßes unverfügbares Eigenkapital
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-06
Gazette deed
Resignation: Kurt Jakob Peter HENNEN (statutarischer geschäftsführer)Appointment: Kurt Jakob Peter HENNEN (statutarischer verwalter) · Legal form clause · Name change14 facts ▸
- Other provision, 01-01-2020, “Anwendung WVV und Anpassung Statuten” (deed in German)
- Legal form clause, “Folge des ersten Beschlusses”, 01-01-2020 (deed in German)
- Name change, HENNEN
- Registered office clause, “4790 Burg-Reuland–Maldingen,Hochtumsstraße 24” (deed in German)
- Capital conversion, “Konto für satzungsgemäßes unverfügbares Eigenkapital” (deed in German)
- Reserve release, “Konto für satzungsgemäßes unverfügbares Eigenkapital, aufheben und zur Ausschüttung freigeben” (deed in German)
- Capital
- Amendment of the articles
- Power of attorney, Gido SCHÜR
- Director resignation, Kurt Jakob Peter HENNEN (statutarischer geschäftsführer)
- Director appointment, Kurt Jakob Peter HENNEN (statutarischer verwalter)
- Other provision, “Veröffentlichung E-Mail-Adresse und Website in zentraler Unternehmensdatenbank, keine Veröffentlichung” (deed in German)
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Hochtumsstraße, Maldingen 244790 Burg-Reuland2 establishment units
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 82004B0408/00N000 | Wallonia | 5,850 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- HENNEN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “VERWALTUNGSORGAN, ein oder mehrere Verwalter,natürliche Personen oder Rechtspersonen,Aktionäre oder nicht,mit oder ohne Beschränkung der…” (deed in German)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Jeder Verwalter vertritt die Gesellschaft Dritten gegenüber sowie vor Gericht, als Kläger oder Beklagter. Jeder Verwalter kann Dritten…” (deed in German)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “AUFLÖSUNG, Beschluss der Generalversammlung in Formen einer Satzungsänderung” (deed in German)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed