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HENROTECH

Active
Public limited companyfounded 199036 yrs activeKleistraat 85, 2630 Aartselaar, BelgiumKBO/BCE: BE 0439.821.853
Summary

HENROTECH has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €682,366 and a net result of €85,779. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 6032 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
HENROTECHActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Non-specialised wholesale trade
NACE 46900
1 site
Size
€696,816total assets 2025
Staff
1.3 FTE
Equity
€682,366
Profit
€85,779
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 42 d late1 of 8 deeds read
Why 96- 1 change of registered office in 24 months- Latest accounts 42 days late; 2 of the last 3 late+ Liquidity: current ratio 55.14, cash €580,318+ Equity €682,366 (97.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+42
equity 97.9% of total assets
Liquidity 100+62
short-term debt 1.8% · cash 83.3%
Profitability 34+31
return on assets 12.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%▼ -0.6% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%▼ -2.4% vs 02-2025 04-2025: 0.6%▲ +2.0% vs 03-2025 05-2025: 0.6%▼ -6.2% vs 04-2025 06-2025: 0.6%▲ +5.2% vs 05-2025 07-2025: 0.7%▲ +15.6% vs 06-2025 08-2025: 1.1%▲ +63.3% vs 07-2025 09-2025: 1.1%● 0.0% vs 08-2025 10-2025: 1.1%● 0.0% vs 09-2025 11-2025: 1.1%● 0.0% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.9%▲ +63.9% vs 12-2025 02-2026: 1.9%● 0.0% vs 01-2026 03-2026: 1.9%▼ -1.1% vs 02-2026 04-2026: 2.0%▲ +5.6% vs 03-2026 05-2026: 1.9%▼ -2.0% vs 04-2026 06-2026: 2.0%▲ +6.3% vs 05-2026 07-2026: 2.0%▼ -1.4% vs 06-2026 08-2026: 2.3%▲ +14.6% vs 07-2026 09-2026: 2.5%▲ +10.1% vs 08-2026highest value 10-2026: 0.1%▼ -96.0% vs 09-2026lowest value
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 55.14, cash €580,318 lowers the probability
  • Latest accounts 42 days late; 2 of the last 3 late raises the probability
  • Equity €682,366 (97.9% of total assets) lowers the probability
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 55.14 against 1.32 in 2024; short-term debt: 1.8% and cash: 83.3% of total assets), and 2.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 28%, growth against the median 70%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Liquidity: current ratio 55.14, cash €580,318
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Latest accounts 42 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Equity €682,366 (97.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
42 d late
2024
6 d early
2023
69 d late
2022
100 d late
2021
30 d late
2020
31 d late
2019
97 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 September (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Back to profitnet €85,779
  3. Liquidity times 42current ratio 55.14

Key points

  • Positive: Back in profit in 2025after -€226,537 in 2024 €85,779 View
  • Positive: Among the best 5% on solvencysector median 45.7% · 6,032 companies 97.9% View
  • Active since 1990founded 01-02-1990 36 years View

By topic

Financials

Fiscal year
2025
Total assets
€696,816
Profit
€85,779
Solvency
97.9%
Total assets▼ 61.3%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 11-09-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 31-12-2025Liquidity times 42
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised wholesale tradeNACE 46900
Founded
01-02-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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