HORC
ActiveSummary
The computed 12-month bankruptcy probability of HORC is 2.4% (moderate). The 2025 annual accounts show negative equity (-€400) and a net result of €861. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency-
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
50 d early
2023
82 d late
2022
58 d late
2021
30 d late
2020
61 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 36 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 30 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€400▲ 68.3%
2024 · -€1,260
Total assets
€8▼ 100.0%
2022 · €175,051
Net result
€861
2024 · -€1,268
Working capital
-€3,187▼ 15.4%
2021 · -€2,761
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€341▼ 0.9%-€355▼ 4.0%€3,243-€1,218-€975▲ 20.0%
Net result-€389▼ 0.8%-€426▼ 9.3%€3,195-€1,268€861
Equity-€2,761▼ 16.4%-€3,187▼ 15.4%€8-€1,260-€400▲ 68.3%
Total assets€175,218▲ 0.1%€175,051▼ 0.1%€8▼ 100.0%
Debt€177,979▲ 0.3%€178,238▲ 0.1%€1,260€400▼ 68.3%
Working capital-€2,761▼ 16.4%-€3,187▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €975 in 2025 against €1,218 in 2024; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€400▼
2024 · €1,260
Equity ratios withheld: equity of -€400 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,638 | €42 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€341 | -€355 | €3,243 | -€831 | -€575 | ▲ 30.8% |
| Operating profit (loss)9901 | -€341 | -€355 | €3,243 | -€1,218 | -€975 | ▲ 20.0% |
| Financial income75/76B | - | - | - | - | €1,844 | - |
| Recurring financial income75 | - | - | - | - | €1,844 | - |
| Financial charges65/66B | €48 | €71 | €48 | €50 | €9 | ▼ 82.8% |
| Recurring financial charges65 | €48 | €71 | €48 | €50 | €9 | ▼ 82.8% |
| Profit (loss) for the period before taxes9903 | -€389 | -€426 | €3,195 | -€1,268 | €861 | ▲ 168% |
| Profit (loss) for the period9904 | -€389 | -€426 | €3,195 | -€1,268 | €861 | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | -€389 | -€426 | €3,195 | -€1,268 | €861 | ▲ 168% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,218 | €175,051 | €8 | - | - | - |
| Current assets29/58 | €175,218 | €175,051 | €8 | - | - | - |
| Amounts receivable within one year40/41 | €175,000 | €175,000 | - | - | - | - |
| Other amounts receivable41 | €175,000 | €175,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €218 | €51 | €8 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,218 | €175,051 | €8 | - | - | - |
| Equity10/15 | -€2,761 | -€3,187 | €8 | -€1,260 | -€400 | ▲ 68.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€8,961 | -€9,387 | -€6,192 | -€7,460 | -€6,600 | ▲ 11.5% |
| Amounts payable17/49 | €177,979 | €178,238 | - | €1,260 | €400 | ▼ 68.3% |
| Amounts payable within one year42/48 | €177,979 | €178,238 | - | €1,260 | €400 | ▼ 68.3% |
| Trade debts44 | €341 | €0 | - | - | €400 | - |
| Suppliers440/4 | €341 | €0 | - | - | €400 | - |
| Other amounts payable47/48 | €177,638 | €178,238 | - | €1,260 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€389 | -€426 | €3,195 | -€1,268 | €861 | ▲ 168% |
| Operating cash flow (approximation) | -€389 | -€426 | €3,195 | -€1,268 | €861 | ▲ 168% |
| Change in cash | - | -€167 | -€43 | - | - | - |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
23-03
State Gazette act
Resignation: Dominique JULLIEN (director)Appointment: RS SRL (director) · Permanent representative: Renaud SERVAIS · Registered-office move5 facts ▸
State Gazette act
Resignation: Dominique JULLIEN (director)
Appointment: RS SRL (director) · Permanent representative: Renaud SERVAIS · Registered-office move5 facts ▸
- General meeting, 02/02/2026
- Registered-office move, Rue de la Quinette 5 - 4560 CLAVIER
- Director resignation, Dominique JULLIEN (director)
- Director appointment, RS SRL (director)
- Permanent representative, Renaud SERVAIS
2025
31-12
Financial
Back to profitnet €861
Net result €861 after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€1,268
Net result drops to -€1,268, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Back to profitnet €3,195
Net result €3,195 after 5 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
Renaud Servais
CurrentDirector · since 02-02-2026 · Private limited company · perm. rep.: Renaud SERVAIS
RS SRL
CurrentDirector · since 23-03-2026 · Legal entity · from a recent act
Permanent representatives 1
Renaud SERVAIS
CurrentPermanent representative · since 02-02-2026 · for Renaud Servais
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Clavier · 1 establishment unit since 2016
Ground area
4,937 m²
Building footprint
258 m²
Volume, LiDAR
1,614 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Rue Emile Vandervelde 69, 4317 Faimes
since 20162.258.442.585
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61009B0265/00N000 | Wallonia | 2,557 m² | 1 · 79 m² | 7.5 m · 2 fl. |
| 61036A0281/02M000 | Wallonia | 2,380 m² | 1 · 178 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Renaud Servais |
|
| RS SRLfrom an act |
|
| JULLIEN Dominique |
|
Structure & network
Connections & network
1 current directorThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.