HORELEC
Dissolution or liquidationSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 01-02-2018, 1 day 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, full schema
Turnover
€4.5m▼ 53.1%
2014 · €9.5m
EBIT margin
-29.3%▼ 24.3pp
2014 · -5.1%
Net result
€383,300
2015 · -€2.0m
Working capital
-€1.5m▲ 29.0%
2015 · -€2.1m
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2013201420152017
Turnover€11.2m-€9.5m▼ 15.3%€4.5m▼ 53.1%
Operating result€56,575--€480,473-€1.3m▼ 172%-€1,967-
Net result-€561--€498,141▼ 88,695%-€2.0m▼ 306%€383,300-
EBIT margin0.5%--5.1%▼ 5.6pp-29.3%▼ 24.3pp
Equity€1.0m-€532,118▼ 48.4%-€1.5m-€1.5m-
Total assets€4.4m-€4.2m▼ 5.0%€2.1m▼ 49.2%€441,736-
Debt€3.4m-€3.6m▲ 8.3%€3.4m▼ 5.7%€1.9m-
Working capital€236,674--€316,185-€2.1m▼ 557%-€1.5m-
Staff (FTE)6.6-5.7▼ 13.6%5.5▼ 3.5%
Result per fiscal year
Operating resultNet result
The operating result is -€1,967 in 2017, compared with -€1.3m in 2015. Comparable figures for the intervening years are unavailable.
Key figures and ratios
Solvency
-333.7%▼
2015 · -70.2%
Current ratio
0.23▼
2015 · 0.39
ROA
86.8%▲
2015 · -95.2%
Debt ≤ 1 year
€1.9m▼
2015 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Turnover70 | €11.2m | €9.5m | €4.5m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,454 | €62,501 | €52,789 | - | - |
| Gross operating margin9900 | - | - | - | €5,427 | - |
| Operating profit (loss)9901 | €56,575 | -€480,473 | -€1.3m | -€1,967 | - |
| Recurring financial income75 | €63,325 | €63,493 | €112,360 | €46,627 | - |
| Recurring financial charges65 | €69,028 | €82,492 | €814,035 | €540 | - |
| Debt charges650 | €66,388 | €70,791 | €65,013 | - | - |
| Profit (loss) for the period before taxes9903 | €50,872 | -€499,472 | -€2.0m | €383,300 | - |
| Income taxes67/77 | €51,433 | -€1,331 | €15,066 | - | - |
| Profit (loss) for the period9904 | -€561 | -€498,141 | -€2.0m | €383,300 | - |
| Profit (loss) for the period to be appropriated9905 | -€561 | -€498,141 | -€2.0m | €383,300 | - |
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4.4m | €4.2m | €2.1m | €441,736 | - |
| Fixed assets21/28 | €1.0m | €980,353 | €804,593 | - | - |
| Tangible fixed assets22/27 | €928,301 | €866,869 | €803,104 | - | - |
| Financial fixed assets28 | €113,484 | €113,484 | €1,489 | - | - |
| Current assets29/58 | €3.4m | €3.2m | €1.3m | €441,736 | - |
| Stocks and contracts in progress3 | €1.4m | €1.1m | €320,600 | - | - |
| Amounts receivable within one year40/41 | €1.5m | €1.5m | €496,287 | €123,496 | - |
| Current investments50/53 | €288,447 | €288,447 | €268,447 | €268,447 | - |
| Cash at bank and in hand54/58 | €226,547 | €297,897 | €230,839 | €49,793 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4.4m | €4.2m | €2.1m | €441,736 | - |
| Equity10/15 | €1.0m | €532,118 | -€1.5m | -€1.5m | - |
| Contributions10/11 | €750,000 | €750,000 | €750,000 | €750,000 | - |
| Reserves13 | €276,662 | €76,662 | €76,662 | €76,662 | - |
| Profit (loss) carried forward14 | €3,597 | -€294,544 | -€2.3m | -€2.3m | - |
| Provisions and deferred taxes16 | - | - | €176,504 | - | - |
| Amounts payable17/49 | €3.4m | €3.6m | €3.4m | €1.9m | - |
| Amounts payable after more than one year17 | €248,200 | €132,050 | €10,396 | - | - |
| Amounts payable within one year42/48 | €3.1m | €3.5m | €3.4m | €1.9m | - |
| Trade debts44 | €498,048 | €943,879 | €798,680 | €423,176 | - |
| Line | 2013 | 2014 | 2015 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€561 | -€498,141 | -€2.0m | €383,300 | - |
| + Depreciation and write-downs630 | €60,454 | €62,501 | €52,789 | - | - |
| Operating cash flow (approximation) | €59,893 | -€435,640 | -€2.0m | €383,300 | - |
| Investment in fixed assets (approximation) | - | -€1,069 | €122,971 | - | - |
| Change in cash | - | €71,350 | -€67,058 | - | - |
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
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
30-06
Financial
Back to profitnet €383,300
Net result €383,300 after 3 loss-making years.
2016
11-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
2015
30-06
Financial
Weakest financial yearnet -€2.0m
Net result drops to -€2.0m, the lowest in the series.
27-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
27-02
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
28-02
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 28 days late
2012
31-01
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2010
16-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
08-02
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 8 days late
2009
13-02
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 13 days late
2008
31-01
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1988
Ground area
907 m²
Building footprint
971 m²
Volume, LiDAR
10,247 m³
Parcel 21445C0229/02H007, Brussels · tallest building 20.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEPOTSTORE YOUR SOFTWAREHOUSE
since 19882.036.140.559
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0229/02H007 | Brussels | 907 m² | 1 · 971 m² | 20.0 m · 3 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.
Company details
Identification
Legal formPublic limited company
Founded02-03-1988
Fiscal year end30-06
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.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.