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HOORY

Active Public limited companyfounded 1986active for 40 yearsTen Beukeboom (App) 29, 9400 NinoveKBO/BCE: BE 0429.542.625 #1 company by total assets in Ninove, Real estate sector

Lifetime

19 annual accounts with figures on one time axis, 39 filings since 1987
peak €1.5m (2012)
€956,323▲ 9.5%
lowest -€239,130 (2008)
-€37,047▼ €204,335
peak €9.0m (2014)
€8.9m▼ 0.4%
€17.1m▲ 19.2%
peak 0 FTE (2016)
-not published
Board4 names since 2021
2 directors and 1 other
Documentsfilings and deeds
29-04-20261 day before the deadline
2025abbreviated format
Loss of €37,047Debts from €14.4m to €17.1mInvestments €4.5mCash from €399,463 to €684,966

Key points

from the 2025 annual accounts

Result

-€37,047 -€37,047
€167,0002024-€37,0002025

From profit to loss in 2025, after a profit of €167,288 in 2024.

Investments

€4.5m 5.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 18.8% higher than in 2024.

Filings

39 annual accounts since 1987
deadline1990200020102020

The last five annual accounts were filed 1 to 2 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 150 companies had the same profile as HOORY has now. Each dot is one company, two years later.

94.0%
were still trading
4.0%
stopped another way
1.3%
went bankrupt
  • Large
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 150 companies, not a prediction for HOORY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director, since 14-09-2021

Shares in 1 company,

Board & ownership

Recent changes

Environmental permit granted Bouwen of herbouwen, Nieuwbouw of aanleggen · Ninove
Registered in the Peppol Directory Reachable for e-invoices through 0208:0429542625
Environmental permit granted Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ninove
Environmental permit granted Bouwen of herbouwen, Een grond gebruiken, aanleggen of inrichten · Ninove
All 58 events

Comparable companies

same main activity, similar in size and age
Company
HOORY Ninove €26.0m €1.0m 34.2% -
M.S.G. Zaventem €26.5m €1.0m 77.0% -
M-GROUP Ghent €18.8m €1.3m 44.9% -
VM Beheer Oudenaarde €20.7m €0.9m 0.8% 0
IMMOBILIERE GUIDO ECKELMANS Ottignies-Louvain-la-Neuve €30.3m €0.7m 28.6% 2.5
KEROBE Knokke-Heist €21.4m €1.2m 29.4% 0.1
INTERNATIONAL MANAGEMENT COMPANY Mechelen €18.6m €1.1m 63.8% 7

These companies have the same main activity as HOORY: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €19m and €30m, founded between 1983 and 1997.

Official details

Source: KBO
Status
Active since 26-09-1986Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.224.146.8509400 Ninove, since 26-09-1986
Financial year end
30 September
Peppol
Reachable since 05-11-2025
Company details

Annual accounts to 30-09-2025

≈ €2.3mestimated
€26.0m▲ 11.7%
Filing
Filed on 29-04-2026, 1 day before the end of the filing period
Financials

Insights on HOORY

HOORY files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2007 to €956,323 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HOORY

What is the company number of HOORY?
The company number of HOORY is 0429.542.625. The VAT number is the same number with BE in front: BE 0429.542.625.
Where is HOORY based?
The registered office is at Ten Beukeboom (App) 29, 9400 Ninove.Company details
What does HOORY do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of HOORY?
HOORY is a public limited company (NV).
When was HOORY founded?
HOORY was founded on 26-09-1986.
Is HOORY still active?
Yes, HOORY is an active enterprise in the KBO register.
What is the turnover of HOORY?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €956,323 and 30 comparable companies (NACE 683). It probably lies between €1.6m and €3.0m.Financials
Is HOORY profitable?
In financial year 2025, HOORY made a loss of €37,047.
Where can I find the annual accounts of HOORY?
HOORY filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOORY due?
HOORY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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