De Hoorn X
ActiveSummary
De Hoorn X has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €166k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+2
Solvency74▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.34 in 2024; short-term debt: 32.5% and cash: 10.4% of total assets), but 50.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
49.3%
Return on assets
5.4%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.52M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
59 d early
2023
8 d early
2022
39 d early
2021
37 d early
2020
33 d early
2019
32 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€166k▲ 46.7%
2024 · €113k
2018: €24k
2019: €-25k
2020: €-249k
2021: €18k
2022: €114k
2023: €53k
2024: €113k
2018 → 2025
Working capital
€719k▲ 31.6%
2024 · €546k
2018: €195k
2019: €168k
2020: €381k
2021: €384k
2022: €426k
2023: €838k
2024: €546k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€124k▲ 1,223%€1.24M▲ 906%€1.36M▲ 9.1%€1.52M▲ 12.3%
Operating result€28k-€119k▲ 323%€72k▼ 39.3%€169k▲ 135%€237k▲ 40.1%
Net result€18k-€114k▲ 546%€53k▼ 54.0%€113k▲ 116%€166k▲ 46.7%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.09M
Fixed assets
€1.37M ▲ 1.0%
Current assets
€1.72M ▼ 20.0%
Equity and liabilities €3.09M
Equity
€1.52M ▲ 12.3%
Debt
€1.57M ▼ 27.1%
Debt's share of the balance-sheet total falls from 61.3% to 50.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€391k▲
2024 · €308k
Cash flow
€321k▲
2024 · €252k
Current ratio
1.72▲
2024 · 1.34
Quick ratio
1.66▲
2024 · 1.31
Debt to equity
1.03▼
2024 · 1.58
ROE
10.9%▲
2024 · 8.4%
ROA
5.4%▲
2024 · 3.2%
Interest coverage
38.74▲
2024 · 21.92
Debt ≤ 1 year
€1.00M▼
2024 · €1.61M
Debt > 1 year
€532k▲
2024 · €515k
Income taxes
€64k▲
2024 · €46k
Staff costs
€1.06M▲
2024 · €960k
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 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.51M€3.09M▼
Fixed assets21/28€1.35M€1.37M▲
Intangible fixed assets21€32k€14k▼
Tangible fixed assets22/27€940k€972k▲
Plant, machinery and equipment23€141k€144k▲
Furniture and vehicles24€781k€815k▲
Other tangible fixed assets26€18k€13k▼
Financial fixed assets28€381k€382k▲
Current assets29/58€2.15M€1.72M▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Stocks and contracts in progress3€52k€56k▲
Stocks30/36€52k€56k▲
Amounts receivable within one year40/41€1.23M€1.04M▼
Trade receivables40€675k€714k▲
Other amounts receivable41€557k€326k▼
Current investments50/53€239k€285k▲
Cash at bank and in hand54/58€602k€320k▼
Deferred charges and accrued income490/1€30k€21k▼
Equity and liabilities
Total equity and liabilities10/49€3.51M€3.09M▼
Equity10/15€1.36M€1.52M▲
Contributions10/11€1.15M€1.15M=
Capital10€1.15M€1.15M=
Issued capital100€1.15M€1.15M=
Reserves13€115k€115k=
Non-distributable reserves130/1€115k€115k=
Legal reserve130€115k€115k=
Profit (loss) carried forward14€95k€261k▲
Amounts payable17/49€2.15M€1.57M▼
Amounts payable after more than one year17€515k€532k▲
Financial debts170/4€281k€231k▼
Other amounts payable178/9€235k€301k▲
Amounts payable within one year42/48€1.61M€1.00M▼
Current portion of amounts payable after more than one year42€49k€50k▲
Financial debts43€1k€550▼
Credit institutions430/8€1k€550▼
Trade debts44€965k€451k▼
Suppliers440/4€965k€451k▼
Advances received on contracts in progress46€343k€246k▼
Taxes, remuneration and social security45€229k€191k▼
Taxes450/3€132k€87k▼
Remuneration and social security454/9€97k€104k▲
Other amounts payable47/48€21k€65k▲
Accrued charges and deferred income492/3€27k€31k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€960k€1.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€155k▲
Other operating charges640/8€16k€12k▼
Non-recurring operating charges66A€45k€0▼
Gross operating margin9900€1.33M€1.46M▲
Operating profit (loss)9901€169k€237k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€160k€231k▲
Income taxes67/77€46k€64k▲
Profit (loss) for the period9904€113k€166k▲
Profit (loss) for the period to be appropriated9905€113k€166k▲
Appropriation of the result
Profit (loss) to be appropriated9906€149k€261k▲
Profit (loss) brought forward from the previous period14P€36k€95k▲
Transfer to equity691/2€54k€0▼
To the legal reserve6920€54k€0▼
Social balance
Average headcount (FTE)908714.914.5▼
The notes to these accounts (19 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €166k ▲46.7%
Operating result €237k, net result €166k, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.24M ▲906%
3 profitable years in a row build equity to €1.24M.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €124k ▲1223%
2 profitable years in a row build equity to €124k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-249k
Net result drops to €-249k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Leuven · 2 establishment units since 2012
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.
Sluisstraat 793000 LeuvenGround area
1.2 ha
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
DE HOORN EVENTS
since 20122.214.007.182
Kolonel Begaultlaan 21, 3012 Leuven
since 20222.331.621.068
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0194/00X003 | Flanders | 9,737 m² | - | - |
| 24062A0176/00P000 | Flanders | 1,959 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 50,987 EUR awarded · 50,987 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -787 EUR | 34,490 EUR |
| 2024 | 2 | 1,797 EUR | 15,792 EUR |
| 2023 | 1 | 49,272 EUR | 0 EUR |
| 2022 | 1 | 705 EUR | 705 EUR |
Schemes
Thematische projectoproep tot subsidiëring Toerisme Vlaanderen
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ORGANI-VENTES-COMMISSAIRES PRISEURS ASSOCIES
BE 0463.749.080
Namur · Eq €1.52M
EXPO-MANAGEMENT
BE 0479.416.659
Kortrijk · Eq €1.51M
INVENT MEDIA
BE 0872.080.478
Kortrijk · Eq €1.49M
IMAANI
BE 0886.104.304
Roeselare · Eq €1.56M
HUBERTY & BREYNE GALLERY
BE 0821.063.230
Elsene · Eq €1.57M
Of 4,571 companies in sector 82300 we hold annual accounts for 1,671. 617 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 formPublic limited company
Founded14-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
82300Organisation of conventions and trade shows
82990Other business support services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.