HORECA PRO
HORECA PRO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €383k and a net result of €41k. Equity is shrinking by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €383k |
| Net result | €41k |
| Staff (FTE) | 7.7 |
| Better than sector | 33% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.6% | 44.7% | |
| Net result | €41k | €31k | |
| Equity | €383k | €398k | |
| Gross operating margin | €448k | €211k | |
| Staff costs | €301k | €189k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €131k | €128k | €-10k | €-104k | €155k |
| Net profit | €41k | €26k | €-101k | €-175k | €42k |
| Cash flow | €92k | €80k | €-49k | €-124k | €94k |
| Staff costs | €301k | €265k | €341k | €439k | €306k |
| Income taxes | €692 | €2k | - | €-6k | €24k |
| Dividends | - | - | - | - | - |
| Total assets | €1.34M | €1.15M | €1.23M | €1.55M | €1.78M |
| Equity | €383k | €342k | €316k | €416k | €591k |
| Debt | €958k | €810k | €913k | €1.13M | €1.19M |
| of which ≤ 1y | €773k | €577k | €632k | €781k | €777k |
| of which > 1y | €184k | €233k | €281k | €338k | €401k |
| Working capital | €285k | €248k | €228k | €360k | €552k |
| Employees (FTE) | 7.7 | 7.0 | 8.2 | 12.2 | 11.7 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.37 | 1.43 | 1.36 | 1.46 | 1.71 |
| Quick ratio | 0.44 | 0.38 | 0.65 | 0.67 | 0.63 |
| Working capital ratio | 21.2% | 21.5% | 18.5% | 23.3% | 31.0% |
| Solvency | 28.6% | 29.7% | 25.7% | 26.9% | 33.2% |
| Debt / equity | 2.50 | 2.37 | 2.89 | 2.71 | 2.01 |
| Long-term debt ratio | 0.48 | 0.68 | 0.89 | 0.81 | 0.68 |
| Interest coverage | 2.32 | 1.81 | -0.17 | -2.47 | 3.78 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.1% | 2.3% | -8.2% | -11.3% | 2.3% |
| ROE | 10.8% | 7.6% | -31.9% | -42.0% | 7.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.34M | €1.15M | €1.23M | €1.55M | €1.78M |
| Fixed assets | 21/28 | €283k | €326k | €369k | €405k | €451k |
| Intangible fixed assets | 21 | €15k | €19k | €23k | €27k | €31k |
| Tangible fixed assets | 22/27 | €268k | €307k | €346k | €378k | €420k |
| Current assets | 29/58 | €1.06M | €825k | €860k | €1.14M | €1.33M |
| Stocks & contracts in progress | 3 | €716k | €607k | €447k | €616k | €836k |
| Amounts receivable within one year | 40/41 | €296k | €138k | €403k | €458k | €402k |
| Cash & bank | 54/58 | €41k | €78k | €3k | €55k | €77k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.34M | €1.15M | €1.23M | €1.55M | €1.78M |
| Equity | 10/15 | €383k | €342k | €316k | €416k | €591k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €375k | €334k | €308k | €408k | €583k |
| Amounts payable | 17/49 | €958k | €810k | €913k | €1.13M | €1.19M |
| Amounts payable after one year | 17 | €184k | €233k | €281k | €338k | €401k |
| Amounts payable within one year | 42/48 | €773k | €577k | €632k | €781k | €777k |
| Trade debts payable within one year | 44 | €430k | €224k | €167k | €323k | €332k |
| Income statement | ||||||
| Gross operating margin | 9900 | €448k | €429k | €347k | €355k | €485k |
| Operating result | 9901 | €80k | €74k | €-62k | €-155k | €102k |
| Financial income | 75 | €19k | €25k | €17k | €16k | €5k |
| Financial charges | 65 | €57k | €71k | €56k | €42k | €41k |
| Result before taxes | 9903 | €42k | €28k | €-101k | €-181k | €66k |
| Income taxes | 67/77 | €692 | €2k | - | €-6k | €24k |
| Net result for the period | 9904 | €41k | €26k | €-101k | €-175k | €42k |
| Result to be appropriated | 9905 | €41k | €26k | €-101k | €-175k | €42k |
-
Current12-04-2024 → present
3 events
- 12-04-2024 Appointed· Director
- 12-04-2024 Appointed· Managing director
- 12-04-2024 Appointed· Director (executive)
| NACE primary | Non-specialised wholesale trade(46900) |
| Legal form | Private limited company(610) |
| Incorporation | 12-02-1999 |
| Status | Active |
| Postal code | 7390 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53065A0467/00K005 | Wallonia | 1.4 ha | 1 · 4,269 m² | 8.5 m · 2 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-04-2024 3 directors appointed
- TISIE, Bestuurder
- TISIE, Gedelegeerd bestuurder
- TISIE, Directeur
Technical details
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],
"notary": {
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"act_meta": {
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}| Legal nameFR | HORECA PRO |