Hennau-Marcin
ActiveSummary
Hennau-Marcin has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267k and a net result of €13k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 34% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency51▲+1
Growth64▼-14
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.21 in 2024; short-term debt: 33.2% and cash: 29.8% of total assets), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.9%
Return on assets
1.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
21 d early
2022
on the day
2021
6 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.46M▲ 4.4%
2019 · €1.40M
2019: €1.40M
2019 → 2025
EBIT margin
2.7%▲ 2.9pp
2019 · -0.2%
2019: -0.2%
2019 → 2025
Net result
€13k▲ 64.6%
2024 · €8k
2019: €-46k
2020: €8k
2021: €13k
2022: €3k
2023: €-19k
2024: €8k
2019 → 2025
Working capital
€118k▲ 141%
2024 · €49k
2019: €-57k
2020: €-11k
2021: €20k
2022: €-8k
2023: €-71k
2024: €49k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.46M
Equity€262k-€265k▲ 1.1%€246k▼ 7.3%€254k▲ 3.3%€267k▲ 5.2%
Operating result€47k-€34k▼ 26.9%€8k▼ 78.1%€34k▲ 347%€40k▲ 18.6%
Net result€13k-€3k▼ 77.3%€-19k€8k€13k▲ 64.6%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 19% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€571k ▼ 20.4%
Current assets
€461k ▲ 61.7%
Equity and liabilities €1.03M
Equity
€267k ▲ 5.2%
Debt
€765k ▲ 2.2%
Debt's share of the balance-sheet total falls from 74.7% to 74.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165k▼
2024 · €169k
Cash flow
€138k▼
2024 · €143k
Current ratio
1.35▲
2024 · 1.21
Quick ratio
1.30▲
2024 · 1.09
Debt to equity
2.86▼
2024 · 2.95
ROE
5.0%▲
2024 · 3.2%
ROA
1.3%▲
2024 · 0.8%
Interest coverage
8.73▲
2024 · 6.73
Debt ≤ 1 year
€343k▲
2024 · €236k
Debt > 1 year
€422k▼
2024 · €490k
Income taxes
€10k▲
2024 · €616
Staff costs
€424k▲
2024 · €361k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€1.03M▲
Fixed assets21/28€717k€571k▼
Tangible fixed assets22/27€715k€571k▼
Land and buildings22€470k€423k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€85k€42k▼
Leasing and similar rights25€142k€94k▼
Financial fixed assets28€3k-
Current assets29/58€285k€461k▲
Stocks and contracts in progress3€28k€16k▼
Stocks30/36€28k€16k▼
Amounts receivable within one year40/41€198k€136k▼
Trade receivables40€177k€72k▼
Other amounts receivable41€21k€63k▲
Current investments50/53€4-
Cash at bank and in hand54/58€57k€308k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.03M▲
Equity10/15€254k€267k▲
Contributions10/11€59k€59k=
Outside capital11€59k-
Other1109/19€59k-
Reserves13€158k€172k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€153k€153k=
Distributable reserves133-€13k
Profit (loss) carried forward14€37k€37k=
Amounts payable17/49€749k€765k▲
Amounts payable after more than one year17€490k€422k▼
Financial debts170/4€490k€422k▼
Amounts payable within one year42/48€236k€343k▲
Current portion of amounts payable after more than one year42€83k€68k▼
Trade debts44€79k€61k▼
Suppliers440/4€79k€61k▼
Taxes, remuneration and social security45€5k€66k▲
Taxes450/3€616€18k▲
Remuneration and social security454/9€5k€48k▲
Other amounts payable47/48€68k€148k▲
Accrued charges and deferred income492/3€23k€72▼
Income statement
Code20242025
Turnover70-€1.46M
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61-€913k
Remuneration, social security and pensions62€361k€424k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€125k▼
Other operating charges640/8€26k€31k▲
Gross operating margin9900€556k€620k▲
Operating profit (loss)9901€34k€40k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€25k€19k▼
Recurring financial charges65€25k€19k▼
Profit (loss) for the period before taxes9903€9k€23k▲
Income taxes67/77€616€10k▲
Profit (loss) for the period9904€8k€13k▲
Profit (loss) for the period to be appropriated9905€8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€50k▲
Profit (loss) brought forward from the previous period14P€29k€37k▲
Transfer to equity691/2-€13k
To other reserves6921-€13k
Social balance
Average headcount (FTE)9087-11.9
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Highest result since 2019net €13k ▲64.6%
Net result €13k, the highest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 3 days late
2024
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Rochefort · 3 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Griotte 215580 RochefortGround area
4,024 m²
Building footprint
493 m²
3 parcels, Wallonia. Linked by address, not a title deed.
3 establishment units
Boulangerie-Pâtisserie Hennau
since 20072.163.831.953
Pâtisserie Hennau
since 20082.173.904.018
Parc Industriel 69, 5580 Rochefort
since 20092.184.351.215
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91114D0005/00R006 | Wallonia | 3,573 m² | 1 · 339 m² | - |
| 91114A1189/00T006 | Wallonia | 279 m² | 1 · 107 m² | - |
| 91030A0355/00E011 | Wallonia | 171 m² | 1 · 47 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesRochefort2.184.351.215
Ciney2.173.904.018
Rochefort2.163.831.953
Similar companies · same sector, comparable size
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BE 0799.890.506
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De Roze Bakker
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Mol · Eq €266,593
BAKKERIJ HANSEN RUDI
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BAKKERIJ VAN DUYSE
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Sint-Gillis-Waas · Eq €265,790
Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,438 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2007
Fiscal year end30-06
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:084/21.10.34
Phone:081/211034