Financials
- Financial year
- 2025
- Total assets
- €5.3m
- Profit
- €227,878
- Solvency
- 42.4%
Total assets▲ 17.3%
Net result
20182025
HORES
ActiveSummary
HORES has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €227,878. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 56% of 12,678 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Retail sale of other cultural and recreation goods
NACE 47690Retail sale of antiques NACE 47791
3rd largest company by total assets in Oosterzele, Wholesale and retail trade sector5 sites
Size
€5.3mtotal assets 2025
- Staff
- 5.5 FTE
- Equity
- €2.2m
- Profit
- €227,878
Turnover not published (abbreviated format)
Why 88raises risk2 of the last 3 latelowers riskFounded in 2008Size: 5.5 FTE, total assets €5.3mFigures for financial year 2025 (filed 25-06-2026)Show the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency
67-7
equity 42.4% of total assets
Liquidity
44+1
short-term debt 41.4% · cash 10.7%
Profitability
74-4
return on assets 4.3%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%highest value
12-2024: 0.6%▼ -1.6 percentage points vs 11-2024
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.3 percentage points vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025
09-2025: 1.8%▲ +0.2 percentage points vs 08-2025
10-2025: 0.4%▼ -1.4 percentage points vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.5%▲ +0.1 percentage points vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.8 percentage points vs 09-2026lowest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.49, compared with 2.01 in 2024, below the usual 1.5; short-term debt: 41.4% and cash: 10.7% of total assets), and 57.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 57% on solvency, 42% on liquidity, 59% on profitability and 42% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
40 days late
2023
90 days late
2022
32 days late
2021
9 days late
2020
27 days late
2019
6 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Incorporation · Other provisionMerger · Shareholding
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Board
- 1 member
- VAN DEN BOSCH NinaDirector
Network & group
- Subsidiaries
- 2
2 subsidiaries
Timeline
- Events
- 23
- Since
- 2009
- Next accounts
- by 31-07-2027
- 31-12-2024Equity above €2m
- 29-10-2024Annual accounts filed
- 19-12-2023Resignation: VAN DEN BOSCH Nina (director)
Company details
- Sites
- 5
- Legal form
- Private limited company
- Activity
- Retail sale of other cultural and recreation goodsNACE 47690
- Founded
- 26-02-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 12
- Annual meeting
- Last Friday of May at 14:00
- Purpose
- Activiteiten inzake gezondheidszorg, algemeen welzijn, volwassenvorming en grafologie…
Key facts about HORES
- What is the company number of HORES?
- 0896.005.925. In Belgium the VAT number is the company number with BE in front: BE 0896.005.925.
- Where is HORES based?
- The registered office is at Leenstraat 4, 9860 Oosterzele.Company details
- What does HORES do?
- According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
- What is the legal form of HORES?
- Private limited company (BV).
- When was HORES founded?
- On 26-02-2008.
- Is HORES still active?
- Yes, HORES is an active enterprise in the KBO register.
- How many employees does HORES have?
- On average 5.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HORES?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is HORES profitable?
- In financial year 2025, HORES made a profit of €227,878.
- Where can I find the annual accounts of HORES?
- HORES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HORES due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to HORES
Subsidiaries and holdings
- Optimistico100%
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