HOORENS
ActiveHOORENS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.55M and a net result of €262k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 795 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 19.7 against 24.92 in 2024; short-term debt: 5% and cash: 19.8% of total assets), and 5% 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 · 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
95%
Return on assets
16%
Age of the figures
15 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
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 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
on the day
2023
1 d early
2022
1 d early
2021
49 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
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 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.55M▲ 7.8%
2024 · €1.44M
2019: €550k
2020: €763k
2021: €949k
2022: €1.17M
2023: €1.35M
2024: €1.44M
2019 → 2025
Total assets
€1.64M▲ 8.3%
2024 · €1.51M
2019: €802k
2020: €1.06M
2021: €1.03M
2022: €1.26M
2023: €1.43M
2024: €1.51M
2019 → 2025
Net result
€262k▲ 35.1%
2024 · €194k
2019: €146k
2020: €213k
2021: €187k
2022: €220k
2023: €184k
2024: €194k
2019 → 2025
Working capital
€1.52M▲ 7.6%
2024 · €1.41M
2019: €509k
2020: €736k
2021: €922k
2022: €1.14M
2023: €1.31M
2024: €1.41M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€949k-€1.17M▲ 23.1%€1.35M▲ 15.7%€1.44M▲ 6.6%€1.55M▲ 7.8%
Operating result€271k-€320k▲ 18.3%€270k▼ 15.7%€285k▲ 5.6%€351k▲ 23.0%
Net result€187k-€220k▲ 17.5%€184k▼ 16.2%€194k▲ 5.4%€262k▲ 35.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€37k▼ 9.6%
Current assets
€1.60M▲ 8.8%
Equity and liabilities €1.64M
Equity
€1.55M▲ 7.8%
Debt
€81k▲ 20.3%
The debt ratio rises from 4.5% to 5.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€361k▲
2024 · €295k
Cash flow
€273k▲
2024 · €204k
Solvency
95.0%▼
2024 · 95.5%
Current ratio
19.70▼
2024 · 24.92
Quick ratio
18.12▼
2024 · 22.78
Debt / equity
0.05▲
2024 · 0.05
ROE
16.9%▲
2024 · 13.4%
ROA
16.0%▲
2024 · 12.8%
Interest coverage
69.51▼
2024 · 80.11
Debt
€81k▲
2024 · €67k
Debt ≤ 1 year
€81k▲
2024 · €59k
Income taxes
€120k▲
2024 · €87k
Staff costs
€57k▼
2024 · €60k
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€1.51M€1.64M▲
Fixed assets21/28€41k€37k▼
Tangible fixed assets22/27€40k€37k▼
Land and buildings22€25k€22k▼
Furniture and vehicles24€16k€14k▼
Financial fixed assets28€110€110=
Current assets29/58€1.47M€1.60M▲
Stocks and contracts in progress3€126k€128k▲
Stocks30/36€126k€128k▲
Amounts receivable within one year40/41€20k€30k▲
Trade receivables40€20k€24k▲
Other amounts receivable41-€5k
Current investments50/53€700k€1.11M▲
Cash at bank and in hand54/58€616k€325k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.51M€1.64M▲
Equity10/15€1.44M€1.55M▲
Contributions10/11€62k€62k=
Reserves13€1.15M€1.27M▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€1.14M€1.26M▲
Profit (loss) carried forward14€231k€227k▼
Amounts payable17/49€67k€81k▲
Amounts payable within one year42/48€59k€81k▲
Trade debts44€16k€16k▲
Suppliers440/4€16k€16k▲
Taxes, remuneration and social security45€24k€42k▲
Taxes450/3€13k€35k▲
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€20k€23k▲
Accrued charges and deferred income492/3€9k-
Income statement
Code20242025
Remuneration, social security and pensions62€60k€57k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€363k€426k▲
Operating profit (loss)9901€285k€351k▲
Financial income75/76B€14€36k▲
Recurring financial income75€14€36k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€281k€382k▲
Income taxes67/77€87k€120k▲
Profit (loss) for the period9904€194k€262k▲
Profit (loss) for the period to be appropriated9905€194k€262k▲
Appropriation of the result
Profit (loss) to be appropriated9906€425k€493k▲
Profit (loss) brought forward from the previous period14P€231k€231k=
Transfer from equity791/2€104k€146k▲
Transfer to equity691/2€194k€262k▲
To other reserves6921€194k€262k▲
Profit to be distributed694/7€104k€150k▲
Return on contributions (dividend)694€104k€146k▲
Other beneficiaries697-€4k
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (7 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
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €262k ▲35.1%
Operating result €351k, net result €262k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €1MEq €1.17M ▲23.1%
4 profitable years in a row build equity to €1.17M.
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity quadruplescurrent ratio 13.50
Current ratio from 3.59 to 13.50; short-term debt falls from €284k to €74k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
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
2 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, Zottegem · 1 establishment unit since 2008
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.
Sint-Hubertusplein 209620 ZottegemGround area
2,501 m²
Building footprint
557 m²
Volume, LiDAR
2,765 m³
Parcel 41017D0096/00F000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOORENS
since 20082.168.660.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41017D0096/00F000 | Flanders | 2,501 m² | 1 · 556 m² | 6.7 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZottegem2.168.660.375
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Of 232 companies in sector 10830 we hold annual accounts for 113. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2007
Fiscal year end30-06
Activities, NACEBEL
10830Manufacture of food products
01420Raising of other cattle and buffaloes
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.