HORECA PLUS +
ActiveThe file of HORECA PLUS + contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
For HORECA PLUS +, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 3.2% (moderate). The 2023 annual accounts show negative equity (-€2,467) and a net result of -€20,802. Equity is shrinking by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 8980 sector peers (fiscal year 2023).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-51
Solvency22▼-22
Growth32=
Track record85
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-21.2%
Age of the figures
33 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-08-2024, 23 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
23 d late
2022
31 d late
2021
30 d late
2020
1 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Equity
-€2,467
2022 · €18,335
Total assets
€98,221▲ 0.3%
2022 · €97,939
Net result
-€20,802▼ 2,867%
2022 · -€701
Working capital
-€16,937▼ 840%
2022 · -€1,801
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€3,871--€18,097€17,406-€95-€21,601▼ 22,661%
Net result€2,307--€17,846below the sector's middle half€15,976within the sector's middle half-€701below the sector's middle half-€20,802below the sector's middle half▼ 2,867%
Equity€20,907-€3,061below the sector's middle half▼ 85.4%€19,036below the sector's middle half▲ 522%€18,335below the sector's middle half▼ 3.7%-€2,467below the sector's middle half
Total assets€85,683-€97,192below the sector's middle half▲ 13.4%€110,692below the sector's middle half▲ 13.9%€97,939below the sector's middle half▼ 11.5%€98,221below the sector's middle half▲ 0.3%
Debt€64,776-€94,131▲ 45.3%€91,656▼ 2.6%€79,603▼ 13.1%€100,687▲ 26.5%
Working capital€20,907--€19,527below the sector's middle half-€3,512below the sector's middle half▲ 82.0%-€1,801below the sector's middle half▲ 48.7%-€16,937below the sector's middle half▼ 840%
Solvency24.4%-3.1%below the sector's middle half▼ 21.3pp17.2%below the sector's middle half▲ 14.0pp18.7%below the sector's middle half▲ 1.5pp-2.5%below the sector's middle half▼ 21.2pp
Current ratio1.32-0.79below the sector's middle half▼ 0.530.96below the sector's middle half▲ 0.170.98below the sector's middle half▲ 0.020.83below the sector's middle half▼ 0.15
Return on assets (ROA)2.7%--18.4%below the sector's middle half▼ 21.1pp14.4%above the sector's middle half▲ 32.8pp-0.7%below the sector's middle half▼ 15.1pp-21.2%below the sector's middle half▼ 20.5pp
Staff (FTE)0.9-1.8within the sector's middle half▲ 100%1.1below the sector's middle half▼ 38.9%0.9below the sector's middle half▼ 18.2%0.6below the sector's middle half▼ 33.3%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21,601 in 2023 against €95 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €98,221
Fixed assets
€17,661 ▼ 12.3%
Current assets
€80,559 ▲ 3.5%
Key figures and ratios
EBITDA
-€19,125▼
2022 · €2,380
Cash flow
-€18,327▼
2022 · €1,774
Quick ratio
0.22▼
2022 · 0.23
Debt to equity
-40.82▼
2022 · 4.34
Interest coverage
-22.02▼
2022 · 3.92
Debt ≤ 1 year
€97,496▲
2022 · €79,603
Staff costs
€21,822▲
2022 · €21,012
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €34,865 | €21,012 | €21,822 | ▲ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,166 | €2,475 | €2,475 | €2,475 | = |
| Other operating charges640/8 | - | - | €1,601 | €4,151 | €1,049 | ▼ 74.7% |
| Gross operating margin9900 | €39,031 | €85,469 | €56,347 | €27,544 | €3,746 | ▼ 86.4% |
| Operating profit (loss)9901 | €3,871 | -€18,097 | €17,406 | -€95 | -€21,601 | ▼ 22,661% |
| Financial income75/76B | - | - | €186 | €1 | €1,667 | ▲ 136,543% |
| Recurring financial income75 | €17 | €1,332 | €186 | €1 | €1,667 | ▲ 136,543% |
| Financial charges65/66B | - | - | €1,509 | €607 | €869 | ▲ 43.0% |
| Recurring financial charges65 | €177 | €1,081 | €1,509 | €607 | €869 | ▲ 43.0% |
| Profit (loss) for the period before taxes9903 | €3,710 | -€17,846 | €16,082 | -€701 | -€20,802 | ▼ 2,867% |
| Income taxes67/77 | €1,403 | - | €107 | - | - | - |
| Profit (loss) for the period9904 | €2,307 | -€17,846 | €15,976 | -€701 | -€20,802 | ▼ 2,867% |
| Profit (loss) for the period to be appropriated9905 | €2,307 | -€17,846 | €15,976 | -€701 | -€20,802 | ▼ 2,867% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,683 | €97,192 | €110,692 | €97,939 | €98,221 | ▲ 0.3% |
| Fixed assets21/28 | - | €22,587 | €22,612 | €20,137 | €17,661 | ▼ 12.3% |
| Tangible fixed assets22/27 | - | €22,587 | €20,112 | €17,637 | €15,161 | ▼ 14.0% |
| Land and buildings22 | - | - | €20,112 | €17,637 | €15,161 | ▼ 14.0% |
| Financial fixed assets28 | - | - | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €85,683 | €74,604 | €88,080 | €77,802 | €80,559 | ▲ 3.5% |
| Stocks and contracts in progress3 | €35,169 | €59,561 | €59,561 | €59,561 | €59,561 | = |
| Stocks30/36 | - | - | €59,561 | €59,561 | €59,561 | = |
| Amounts receivable within one year40/41 | €35,382 | €8,897 | €15,631 | €14,559 | €19,118 | ▲ 31.3% |
| Trade receivables40 | - | - | €15,583 | €14,559 | €18,332 | ▲ 25.9% |
| Other amounts receivable41 | - | - | €47 | - | €786 | - |
| Cash at bank and in hand54/58 | €12,476 | €4,957 | €11,196 | €1,708 | €170 | ▼ 90.1% |
| Deferred charges and accrued income490/1 | - | - | €1,693 | €1,975 | €1,711 | ▼ 13.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,683 | €97,192 | €110,692 | €97,939 | €98,221 | ▲ 0.3% |
| Equity10/15 | €20,907 | €3,061 | €19,036 | €18,335 | -€2,467 | ▼ 113% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €2,307 | -€15,539 | €436 | -€265 | -€21,067 | ▼ 7,859% |
| Amounts payable17/49 | €64,776 | €94,131 | €91,656 | €79,603 | €100,687 | ▲ 26.5% |
| Amounts payable within one year42/48 | €64,776 | €94,131 | €91,592 | €79,603 | €97,496 | ▲ 22.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €37,206 | - |
| Trade debts44 | €48,129 | €58,782 | €68,029 | €57,877 | €42,242 | ▼ 27.0% |
| Suppliers440/4 | - | - | €68,029 | €57,877 | €42,242 | ▼ 27.0% |
| Taxes, remuneration and social security45 | - | - | €23,563 | €21,726 | €18,048 | ▼ 16.9% |
| Taxes450/3 | - | - | €17,540 | €13,481 | €3,157 | ▼ 76.6% |
| Remuneration and social security454/9 | - | - | €6,023 | €8,245 | €14,891 | ▲ 80.6% |
| Accrued charges and deferred income492/3 | - | - | €64 | - | €3,191 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,307 | -€17,846 | €15,976 | -€701 | -€20,802 | ▼ 2,867% |
| + Depreciation and write-downs630 | - | €2,166 | €2,475 | €2,475 | €2,475 | = |
| Operating cash flow (approximation) | €2,307 | -€15,680 | €18,451 | €1,774 | -€18,327 | ▼ 1,133% |
| Investment in fixed assets (approximation) | - | - | -€2,500 | €0 | €0 | - |
| Change in cash | - | -€7,519 | €6,238 | -€9,488 | -€1,538 | ▲ 83.8% |
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
2025
06-08
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-07-2025
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-06-2025
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€20,802
Net result drops to -€20,802, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €15,976
Net result €15,976 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Aartselaar · 1 establishment unit since 2019
Ground area
5,265 m²
Building footprint
2,946 m²
Volume, LiDAR
13,340 m³
Parcel 11372A0274/00S000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
HORECA PLUS +
since 20192.291.156.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0274/00S000 | Flanders | 5,265 m² | 1 · 2,946 m² | 5.5 m · 2 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATHARINA ORLENT PR. JOS. CHARLOTTELAAN 71,
9100 SINT-NIKLAAS |
12-06-2025 → 31-07-2025 |
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Of 979 companies in sector 46431 we hold annual accounts for 706. 287 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
46649Wholesale of other machinery and equipment
43320Joinery installation
46471Wholesale trade
47551Retail sale of household furniture
Contact
E-mail
info@horecaplus.be
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
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