HORECA SOLUTIONS
For the legal form of HORECA SOLUTIONS, Checked does not compute a bankruptcy probability. The 2025 annual accounts show negative equity (€-10k) and a net result of €-1k. Equity is shrinking by ~42.8% per year across the filed fiscal years. Its net result ranks better than 23% of 4732 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-10k |
| Net result | €-1k |
| Better than sector | 23% |
| Active | 27 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
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 |
|---|---|---|---|
| Net result | €-1k | €116k | |
| Equity | €-10k | €1.64M | |
| Gross operating margin | €-1k | €354k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | €-1k | €-3k | €-5k | €-921 |
| Cash flow | - | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | - | - | - | €171 |
| Equity | €-10k | €-9k | €-6k | €-921 |
| Debt | €10k | €9k | €6k | €1k |
| of which ≤ 1y | €10k | €9k | €6k | €1k |
| of which > 1y | - | - | - | - |
| Working capital | - | - | - | €-921 |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | - | - | - | 0.16 |
| Quick ratio | - | - | - | 0.16 |
| Working capital ratio | - | - | - | -538.3% |
| Solvency | - | - | - | -538.3% |
| Debt / equity | -1.00 | -1.00 | -1.00 | -1.19 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | - | - | - | - |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | - | - | - | -538.3% |
| ROE | 14.4% | 35.1% | 83.6% | 100.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (13 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | - | - | - | €171 |
| Current assets | 29/58 | - | - | - | €171 |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | - | - | - | €171 |
| Equity | 10/15 | €-10k | €-9k | €-6k | €-921 |
| Accumulated profits (losses) | 14 | €-10k | €-9k | €-6k | €-921 |
| Amounts payable | 17/49 | €10k | €9k | €6k | €1k |
| Amounts payable within one year | 42/48 | €10k | €9k | €6k | €1k |
| Trade debts payable within one year | 44 | - | - | - | €1k |
| Income statement | |||||
| Gross operating margin | 9900 | €-1k | €-3k | €-3k | €-921 |
| Operating result | 9901 | €-1k | €-3k | €-5k | €-921 |
| Result before taxes | 9903 | €-1k | €-3k | €-5k | €-921 |
| Net result for the period | 9904 | €-1k | €-3k | €-5k | €-921 |
| Result to be appropriated | 9905 | €-1k | €-3k | €-5k | €-921 |
| NACE primary | Wholesale trade(46820) |
| Legal form | Foreign entity(030) |
| Incorporation | 10-03-1999 |
| Status | Active |
| Postal code | - |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1298/00C000 | Flanders | 3,154 m² | 1 · 897 m² | 25.8 m · 8 fl. |
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
17-08-2022 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Cosyns",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-08-04",
"act_kind_objet": "Wijziging van het adres van het bijkantoor in Belgi\u00EB - Wijziging van de"
},
"decision": {
"body": "raad_van_bestuur",
"act_date": "2022-07-07",
"unanimous": null
},
"conversion": {
"effective_date": null,
"jurisdiction_to": "BE",
"legal_form_after": "Naamloze Vennootschap",
"jurisdiction_from": "US",
"legal_form_before": "Naamloze Vennootschap naar het recht van de staat Delaware, VSA."
},
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0465.643.352",
"name": "Horeca Solutions n.v.",
"role": "other",
"address": "701 Renner Road, 2nd floor, Wilmington, Delaware 19810, New Castle County, VSA.",
"is_foreign": true,
"legal_form": "Naamloze Vennootschap",
"is_new_company": false,
"jurisdiction_country": "US"
},
{
"kbo": "0465.643.352",
"name": "Horeca Solutions n.v. - uithangbord Exclusive Softdrinks International",
"role": "other",
"address": "Bellemstraat 79-9880 Aalter",
"is_foreign": false,
"legal_form": "Naamloze Vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": null,
"name": "H.Solutions Corporation",
"role": "other",
"address": "De Keyserlei 58 - 60 bus 19, 2018 Antwerpen",
"is_foreign": false,
"legal_form": "Naamloze Vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "De wijziging betreft het adres en de naam van het bijkantoor in Belgi\u00EB, evenals de toevoeging van een nieuwe activiteit: groothandel in ferro- en non-ferrometalen in primaire vormen, inclusief goud en andere edele metalen.",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0465.643.352",
"name_full": "Horeca Solutions",
"legal_form": "Naamloze Vennootschap naar het recht van de staat Delaware, VSA."
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Cosyns",
"org_rep_person_name": null
},
"summary_narrative": "De bestuurder van Horeca Solutions n.v. (KBO 0465.643.352) besliste op 7 juli 2022 de wijziging van het adres van het bijkantoor in Belgi\u00EB naar De Keyserlei 58 - 60 bus 19, 2018 Antwerpen, en de wijziging van de naam van het uithangbord van dit bijkantoor naar H.Solutions Corporation. Daarnaast werd de activiteit uitgebreid met de groothandel in ferro- en non-ferrometalen in primaire vormen, inclusief goud en andere edele metalen.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "zetel"
}| Legal nameNL | HORECA SOLUTIONS |