HorecaNID
The computed 12-month bankruptcy probability of HorecaNID is 9.8% (elevated). The 2024 annual accounts show negative equity (€-123k) and a net result of €131k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 329 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-123k |
| Net result | €131k |
| Staff (FTE) | 19.5 |
| Better than sector | 25% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -19.8% | 11.9% | |
| Net result | €131k | €2k | |
| Equity | €-123k | €18k | |
| Gross operating margin | €1.05M | €184k | |
| Staff costs | €758k | €219k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €288k |
| Net profit | €131k |
| Cash flow | €253k |
| Staff costs | €758k |
| Income taxes | €320 |
| Dividends | - |
| Total assets | €619k |
| Equity | €-123k |
| Debt | €742k |
| of which ≤ 1y | €503k |
| of which > 1y | €224k |
| Working capital | €-378k |
| Employees (FTE) | 19.5 |
| 2024 | |
|---|---|
| Current ratio | 0.25 |
| Quick ratio | 0.18 |
| Working capital ratio | -61.0% |
| Solvency | -19.8% |
| Debt / equity | -6.05 |
| Long-term debt ratio | -1.83 |
| Interest coverage | 8.16 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.1% |
| ROE | -106.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €619k |
| Fixed assets | 21/28 | €494k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €489k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €126k |
| Stocks & contracts in progress | 3 | €36k |
| Amounts receivable within one year | 40/41 | €76k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €619k |
| Equity | 10/15 | €-123k |
| Contributions / capital | 10/11 | €60k |
| Accumulated profits (losses) | 14 | €-183k |
| Amounts payable | 17/49 | €742k |
| Amounts payable after one year | 17 | €224k |
| Amounts payable within one year | 42/48 | €503k |
| Trade debts payable within one year | 44 | €243k |
| Income statement | ||
| Gross operating margin | 9900 | €1.05M |
| Operating result | 9901 | €166k |
| Financial income | 75 | €154 |
| Financial charges | 65 | €35k |
| Result before taxes | 9903 | €131k |
| Income taxes | 67/77 | €320 |
| Net result for the period | 9904 | €131k |
| Result to be appropriated | 9905 | €131k |
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 16-07-2021 |
| Status | Active |
| Postal code | 5340 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0114/00K000 ProtectedMonument |
Wallonia | 996 m² | 1 · 1,138 m² | 21.6 m · 5 fl. |
| 92054B0069/02N000 | Wallonia | 598 m² | 1 · 89 m² | - |
| 92302D0252/00A000 | Wallonia | 480 m² | 1 · 554 m² | - |
| 92302G0181/00F005 | Wallonia | 259 m² | 1 · 59 m² | 12.8 m · 4 fl. |
| 92101A0050/00H003 | Wallonia | 72 m² | 1 · 91 m² | 6.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-08-2025 2 resigning
- Ludovic Vanackere, Bestuurder
- Thierry Bachez, Bestuurder
Technical details
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"effective_date": "2025-07-24",
"evidence_quote": "L\u0027assembl\u00E9e prend acte de la d\u00E9misslon de Monsieur Ludovic Vanackere, de son mandat d\u0027administrateur.",
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Li\u00E8ge",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-08-08",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-07-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0771.506.227",
"name_full": "HORECANID",
"legal_form": "SRL"
},
"publication_proxy": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | HorecaNID |