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HORENBACH EDDY

Active
Private limited companyfounded 1986active for 40 yearsRue Dieudonné Randaxhe(CHE) 43, 4602 Visé, BelgiumKBO/BCE: BE 0429.736.526

From the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HORENBACH EDDY has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €455,603 and a net result of €286,945. Equity has been stable since 2019 (±1.9% per year). Its solvency ranks better than 81% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 01-10-1986 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.034.333.686 4602 Visé, since 03-10-1986
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board
  • HORENBACH EdouardDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€510,162
▲ 382%
Turnover
≈ €1.1m
estimated
Profit
€286,945
▲ 142×
Equity
€455,603
▲ 40.8%
Total assets
€600,934
▲ 54.1%
Staff
1 FTE
=
Filed on 23-12-2025, 128 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.23, cash €14,359lowers riskSize: total assets €600,934Founded in 1986Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 75.8% of total assets
Liquidity 44-2
short-term debt 24.2% · cash 2.4%
Profitability 100+33
return on assets 47.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.2 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025highest value 11-2025: 0.5%● unchanged vs 10-2025highest value 12-2025: 0.5%● unchanged vs 11-2025highest value 01-2026: 0.1%▼ -0.4 percentage points vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.23 (1.72 in 2024), above the usual 1.5. Short-term debt is 24.2% and cash 2.4% of total assets. 24.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 34% on liquidity, 92% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €600,934
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 2.23, cash €14,359
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €455,603
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-12-2025, 128 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
128 days early
2024
79 days early
2023
55 days early
2022
62 days early
2021
67 days early
2020
65 days early
2019
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 74 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 22 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €2,020 to €286,945 ▲ 142× View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies €286,945 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €286,945 7 years View

Comparable companies

These companies have the same main activity as HORENBACH EDDY: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €529,000 and €708,000, founded between 1983 and 1991.

CompanyTotal assetsGross margin
HORENBACH EDDY Visé€600,934€510,162
ETS STEFENATTO Seraing€708,034€575,872
HANNOSSET Faimes€529,011€514,534
ANTRELEC Assesse€630,046€482,359
ELECTRO - SANITAIR GOMI Hasselt€561,727€582,325
FABRILEC La Louvière€531,638€439,152
BRABANT ELECTRONICS Charleroi€536,167€459,896
Full comparison

Documents

Annual accounts at the NBB

All 39 annual accounts

Articles and registers

Key facts about HORENBACH EDDY

What is the company number of HORENBACH EDDY?
The company number of HORENBACH EDDY is 0429.736.526. The VAT number is the same number with BE in front: BE 0429.736.526.
Where is HORENBACH EDDY based?
The registered office is at Rue Dieudonné Randaxhe(CHE) 43, 4602 Visé.Company details
What does HORENBACH EDDY do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of HORENBACH EDDY?
The legal form of HORENBACH EDDY is Private limited company (BV).
When was HORENBACH EDDY founded?
HORENBACH EDDY was founded on 01-10-1986.
Is HORENBACH EDDY still active?
Yes, HORENBACH EDDY is an active enterprise in the KBO register.
How many employees does HORENBACH EDDY have?
HORENBACH EDDY had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HORENBACH EDDY?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €510,162 and 34 comparable companies (NACE 43211). It probably lies between €990,000 and €1.4m.
Is HORENBACH EDDY profitable?
In financial year 2025, HORENBACH EDDY made a profit of €286,945.
Where can I find the annual accounts of HORENBACH EDDY?
HORENBACH EDDY filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of HORENBACH EDDY due?
HORENBACH EDDY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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