DE HORNE
ActiveDE HORNE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 84% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-80
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 4.02 in 2024), and 28.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
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
71.6%
Return on assets
2.2%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €170k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 filingsDeviation from the deadline
2025
10 d late
2024
5 d late
2023
8 d late
2022
41 d early
2021
30 d late
2020
23 d early
2019
25 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€170k▲ 3.2%
2024 · €165k
2018: €174k
2019: €147k
2020: €155k
2021: €106k
2022: €134k
2023: €134k
2024: €165k
2018 → 2025
Total assets
€237k▲ 4.0%
2024 · €228k
2018: €182k
2019: €156k
2020: €157k
2021: €132k
2022: €155k
2023: €152k
2024: €228k
2018 → 2025
Net result
€5k▼ 83.4%
2024 · €32k
2018: €4k
2019: €-27k
2020: €8k
2021: €30k
2022: €29k
2023: €170
2024: €32k
2018 → 2025
Working capital
€115k▼ 5.9%
2024 · €122k
2018: €133k
2019: €114k
2020: €127k
2021: €66k
2022: €102k
2023: €103k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€106k-€134k▲ 25.9%€134k▲ 0.1%€165k▲ 23.1%€170k▲ 3.2%
Operating result€30k-€39k▲ 30.8%€1k▼ 96.6%€50k▲ 3,592%€10k▼ 79.7%
Net result€30k-€29k▼ 1.1%€170▼ 99.4%€32k▲ 18,517%€5k▼ 83.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets
€70k▲ 6.7%
Current assets
€167k▲ 2.9%
Equity and liabilities €237k
Equity
€170k▲ 3.2%
Debt
€67k▲ 6.0%
The debt ratio rises from 27.9% to 28.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€27k▼
2024 · €59k
Cash flow
€22k▼
2024 · €41k
Solvency
71.6%▼
2024 · 72.1%
Current ratio
3.19▼
2024 · 4.02
Quick ratio
2.64▼
2024 · 3.68
Debt / equity
0.40▲
2024 · 0.39
ROE
3.1%▼
2024 · 19.3%
ROA
2.2%▼
2024 · 13.9%
Interest coverage
12.11▼
2024 · 65.61
Debt
€67k▲
2024 · €64k
Debt ≤ 1 year
€52k▲
2024 · €40k
Debt > 1 year
€15k▼
2024 · €21k
Income taxes
€3k▼
2024 · €17k
Staff costs
€33k▲
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€237k▲
Fixed assets21/28€66k€70k▲
Intangible fixed assets21€740-
Tangible fixed assets22/27€65k€70k▲
Land and buildings22-€6k
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€44k€35k▼
Other tangible fixed assets26€13k€23k▲
Current assets29/58€163k€167k▲
Stocks and contracts in progress3€14k€29k▲
Stocks30/36€14k€29k▲
Amounts receivable within one year40/41€15k€27k▲
Other amounts receivable41€15k€27k▲
Cash at bank and in hand54/58€133k€111k▼
Deferred charges and accrued income490/1€602€739▲
Equity and liabilities
Total equity and liabilities10/49€228k€237k▲
Equity10/15€165k€170k▲
Contributions10/11€7k€7k=
Reserves13€158k€163k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€156k€161k▲
Profit (loss) carried forward14€170€170=
Amounts payable17/49€64k€67k▲
Amounts payable after more than one year17€21k€15k▼
Financial debts170/4€21k€15k▼
Amounts payable within one year42/48€40k€52k▲
Current portion of amounts payable after more than one year42€5k€6k▲
Financial debts43-€22k
Other loans439-€22k
Trade debts44€643€7k▲
Suppliers440/4€643€7k▲
Taxes, remuneration and social security45€20k€3k▼
Taxes450/3€18k€104▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€15k€14k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€27k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€17k▲
Other operating charges640/8€2k€170▼
Gross operating margin9900€88k€60k▼
Operating profit (loss)9901€50k€10k▼
Financial income75/76B€64-
Recurring financial income75€64-
Financial charges65/66B€901€2k▲
Recurring financial charges65€901€2k▲
Profit (loss) for the period before taxes9903€49k€8k▼
Income taxes67/77€17k€3k▼
Profit (loss) for the period9904€32k€5k▼
Profit (loss) for the period to be appropriated9905€32k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€5k▼
Profit (loss) brought forward from the previous period14P€170€170=
Transfer to equity691/2€31k€5k▼
To other reserves6921€31k€5k▼
Profit to be distributed694/7€833-
Return on contributions (dividend)694€833-
The notes to these accounts (9 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Highest result since 2018net €32k ▲18517%
Operating result €50k, net result €32k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲23.1%
5 profitable years in a row build equity to €165k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 69.63
Current ratio from 13.39 to 69.63; short-term debt falls from €9k to €2k.
31-12
Financial
Equity above €150kEq €155k ▲5.8%
Equity rises from €147k to €155k.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €-27k ▼749%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 151 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heers · 1 establishment unit since 1997
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.
Brugstraat(Vechm.) 303870 HeersGround area
2,202 m²
Building footprint
240 m²
Volume, LiDAR
1,040 m³
Parcel 73087A0137/00S000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Horne
since 19972.204.532.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73087A0137/00S000 | Flanders | 2,202 m² | 1 · 240 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeers2.204.532.460
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 8,767 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-1997
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:012/745508