Extra Horizon
ActiveSummary
Extra Horizon has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-12k) and a net result of €-784k. Equity is shrinking by ~84.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-10
Solvency24▼-28
Growth58=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.52 against 5.7 in 2024; short-term debt: 4.4% and cash: 3.6% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
-33.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-12k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
28 d early
2023
8 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-12k
2024 · €772k
2023: €1.29Mhighest in 3 years
2024: €772k▼ -40.3% vs 2023
2025: €-12k▼ -102% vs 2024lowest in 3 years
2023 → 2025
Total assets
€2.32M▼ 17.4%
2024 · €2.81M
2023: €2.98Mhighest in 3 years
2024: €2.81M▼ -5.9% vs 2023
2025: €2.32M▼ -17.4% vs 2024lowest in 3 years
2023 → 2025
Net result
€-784k▼ 50.3%
2024 · €-522k
2023: €-1.47Mlowest in 3 years
2024: €-522k▲ +64.4% vs 2023highest in 3 years
2025: €-784k▼ -50.3% vs 2024
2023 → 2025
Working capital
€255k▼ 50.9%
2024 · €519k
2023: €376k
2024: €519k▲ +38.2% vs 2023highest in 3 years
2025: €255k▼ -50.9% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€1.29M-€772k▼ 40.3%€-12k
2023: €1.29Mhighest in 3 years
2024: €772k▼ -40.3% vs 2023
2025: €-12k▼ -102% vs 2024lowest in 3 years
Operating result€-1.43M-€-406k▲ 71.5%€-642k▼ 58.4%
2023: €-1.43Mlowest in 3 years
2024: €-406k▲ +71.5% vs 2023highest in 3 years
2025: €-642k▼ -58.4% vs 2024
Net result€-1.47M-€-522k▲ 64.4%€-784k▼ 50.3%
2023: €-1.47Mlowest in 3 years
2024: €-522k▲ +64.4% vs 2023highest in 3 years
2025: €-784k▼ -50.3% vs 2024
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 stays negative: a loss of €642k in 2025 against €406k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.32M
Fixed assets
€1.96M ▼ 9.9%
Current assets
€356k ▼ 43.5%
Key figures and ratios
EBITDA
€54k▼
2024 · €205k
Cash flow
€-88k▼
2024 · €89k
Solvency
-0.5%▼
2024 · 27.5%
Current ratio
3.52▼
2024 · 5.70
ROA
-33.8%▼
2024 · -18.6%
Interest coverage
0.34▼
2024 · 1.52
Debt
€2.33M▲
2024 · €2.04M
Debt ≤ 1 year
€101k▼
2024 · €110k
Debt > 1 year
€1.90M▲
2024 · €1.70M
Income taxes
€-15k▲
2024 · €-16k
Staff costs
€386k▼
2024 · €464k
A ratio outside any meaningful range has been withheld (balance sheet total €2.32M, equity €-12k).
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.81M€2.32M▼
Fixed assets21/28€2.18M€1.96M▼
Intangible fixed assets21€2.18M€1.96M▼
Tangible fixed assets22/27€1k€35▼
Furniture and vehicles24€1k€35▼
Current assets29/58€630k€356k▼
Amounts receivable within one year40/41€368k€251k▼
Trade receivables40€115k€93k▼
Other amounts receivable41€253k€158k▼
Cash at bank and in hand54/58€240k€84k▼
Deferred charges and accrued income490/1€21k€20k▼
Equity and liabilities
Total equity and liabilities10/49€2.81M€2.32M▼
Equity10/15€772k€-12k▼
Contributions10/11€4.12M€4.12M=
Capital10€247k€247k=
Issued capital100€247k€247k=
Outside capital11€3.87M€3.87M=
Share premium1100/10€3.87M€3.87M=
Profit (loss) carried forward14€-3.35M€-4.13M▼
Amounts payable17/49€2.04M€2.33M▲
Amounts payable after more than one year17€1.70M€1.90M▲
Financial debts170/4€1.70M€1.90M▲
Amounts payable within one year42/48€110k€101k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€72k€57k▼
Suppliers440/4€72k€57k▼
Taxes, remuneration and social security45€38k€43k▲
Taxes450/3€264€932▲
Remuneration and social security454/9€38k€42k▲
Other amounts payable47/48€118€613▲
Accrued charges and deferred income492/3€226k€331k▲
Income statement
Code20242025
Remuneration, social security and pensions62€464k€386k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€611k€696k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1k€2k▲
Gross operating margin9900€670k€442k▼
Operating profit (loss)9901€-406k€-642k▼
Financial income75/76B€3k€2▼
Recurring financial income75€3k€2▼
Financial charges65/66B€135k€157k▲
Recurring financial charges65€135k€157k▲
Profit (loss) for the period before taxes9903€-538k€-799k▼
Income taxes67/77€-16k€-15k▲
Profit (loss) for the period9904€-522k€-784k▼
Profit (loss) for the period to be appropriated9905€-522k€-784k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.35M€-4.13M▼
Profit (loss) brought forward from the previous period14P€-2.83M€-3.35M▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.22M | €464k | €386k | ▼ 16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €618k | €611k | €696k | ▲ 14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €30k | €0 | - | - |
| Other operating charges640/8 | €5k | €1k | €2k | ▲ 57.0% |
| Gross operating margin9900 | €446k | €670k | €442k | ▼ 33.9% |
| Operating profit (loss)9901 | €-1.43M | €-406k | €-642k | ▼ 58.4% |
| Financial income75/76B | €423 | €3k | €2 | ▼ 99.9% |
| Recurring financial income75 | €423 | €3k | €2 | ▼ 99.9% |
| Financial charges65/66B | €97k | €135k | €157k | ▲ 16.0% |
| Recurring financial charges65 | €97k | €135k | €157k | ▲ 16.0% |
| Profit (loss) for the period before taxes9903 | €-1.52M | €-538k | €-799k | ▼ 48.6% |
| Income taxes67/77 | €-55k | €-16k | €-15k | ▲ 5.7% |
| Profit (loss) for the period9904 | €-1.47M | €-522k | €-784k | ▼ 50.3% |
| Profit (loss) for the period to be appropriated9905 | €-1.47M | €-522k | €-784k | ▼ 50.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.98M | €2.81M | €2.32M | ▼ 17.4% |
| Fixed assets21/28 | €2.25M | €2.18M | €1.96M | ▼ 9.9% |
| Intangible fixed assets21 | €2.25M | €2.18M | €1.96M | ▼ 9.8% |
| Tangible fixed assets22/27 | €5k | €1k | €35 | ▼ 97.0% |
| Furniture and vehicles24 | €5k | €1k | €35 | ▼ 97.0% |
| Current assets29/58 | €729k | €630k | €356k | ▼ 43.5% |
| Amounts receivable within one year40/41 | €314k | €368k | €251k | ▼ 31.7% |
| Trade receivables40 | €62k | €115k | €93k | ▼ 19.5% |
| Other amounts receivable41 | €252k | €253k | €158k | ▼ 37.3% |
| Cash at bank and in hand54/58 | €398k | €240k | €84k | ▼ 64.8% |
| Deferred charges and accrued income490/1 | €17k | €21k | €20k | ▼ 5.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.98M | €2.81M | €2.32M | ▼ 17.4% |
| Equity10/15 | €1.29M | €772k | €-12k | ▼ 102% |
| Contributions10/11 | €4.12M | €4.12M | €4.12M | = |
| Capital10 | €247k | €247k | €247k | = |
| Issued capital100 | €247k | €247k | €247k | = |
| Outside capital11 | €3.87M | €3.87M | €3.87M | = |
| Share premium1100/10 | €3.87M | €3.87M | €3.87M | = |
| Profit (loss) carried forward14 | €-2.83M | €-3.35M | €-4.13M | ▼ 23.4% |
| Amounts payable17/49 | €1.69M | €2.04M | €2.33M | ▲ 14.5% |
| Amounts payable after more than one year17 | €1.23M | €1.70M | €1.90M | ▲ 11.8% |
| Financial debts170/4 | €1.23M | €1.70M | €1.90M | ▲ 11.8% |
| Amounts payable within one year42/48 | €354k | €110k | €101k | ▼ 8.5% |
| Financial debts43 | €203k | €0 | - | - |
| Credit institutions430/8 | €203k | €0 | - | - |
| Trade debts44 | €78k | €72k | €57k | ▼ 20.8% |
| Suppliers440/4 | €78k | €72k | €57k | ▼ 20.8% |
| Taxes, remuneration and social security45 | €74k | €38k | €43k | ▲ 13.3% |
| Taxes450/3 | €623 | €264 | €932 | ▲ 253% |
| Remuneration and social security454/9 | €73k | €38k | €42k | ▲ 11.6% |
| Other amounts payable47/48 | €118 | €118 | €613 | ▲ 421% |
| Accrued charges and deferred income492/3 | €110k | €226k | €331k | ▲ 46.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.47M | €-522k | €-784k | ▼ 50.3% |
| + Depreciation and write-downs630 | €618k | €611k | €696k | ▲ 14.1% |
| Operating cash flow (approximation) | €-850k | €89k | €-88k | ▼ 199% |
| Investment in fixed assets (approximation) | - | €-536k | €-481k | ▲ 10.2% |
| Change in cash | - | €-158k | €-156k | ▲ 1.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.70
Current ratio from 2.06 to 5.70; short-term debt falls from €354k to €110k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Hasselt · 1 establishment unit since 2022
Ground area
3,380 m²
Parcel 71322A0540/00B002, Flanders. Linked by address, not a title deed.
67
companies at this address
See who is registered here
1 establishment unit
Extra Horizon
since 20222.335.901.144
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00B002 | Flanders | 3,380 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2024 to 2025 · 2 entries · 3,727 EUR awarded · 3,727 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,356 EUR | 3,356 EUR |
| 2024 | 1 | 371 EUR | 371 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 4,668 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
72101Research and development on biotechnology
72109Other research and development on natural sciences
Scores and ratios are computed by Checked and are not a credit decision.