Summary
HORIO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €96,795 and a net result of €20,013. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 3318 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days 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 confirmed
2024
71 d late
2023
387 d late
2022
60 d late
2021
31 d late
2020
27 d late
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 113 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€96,795▲ 2.5%
2023 · €94,459
Net result
€20,013▼ 10.4%
2023 · €22,339
Total assets
€381,297▼ 9.6%
2023 · €421,711
Solvency
25.4%▲ 3.0pp
2023 · 22.4%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€20,214▼ 21.2%-€4,901€48,503€40,510▼ 16.5%€37,977▼ 6.3%
Net result€10,902within the sector's middle half▲ 16.8%-€9,213below the sector's middle half€28,967within the sector's middle half€22,339within the sector's middle half▼ 22.9%€20,013within the sector's middle half▼ 10.4%
Equity€64,611within the sector's middle half▲ 20.3%€55,399within the sector's middle half▼ 14.3%€84,366within the sector's middle half▲ 52.3%€94,459within the sector's middle half▲ 12.0%€96,795within the sector's middle half▲ 2.5%
Total assets€93,668below the sector's middle half▲ 12.8%€268,949within the sector's middle half▲ 187%€295,487within the sector's middle half▲ 9.9%€421,711within the sector's middle half▲ 42.7%€381,297within the sector's middle half▼ 9.6%
Debt€29,057▼ 0.9%€213,550▲ 635%€211,121▼ 1.1%€327,252▲ 55.0%€284,502▼ 13.1%
Working capital€54,338within the sector's middle half▲ 19.4%€46,553within the sector's middle half▼ 14.3%€77,949within the sector's middle half▲ 67.4%€20,459within the sector's middle half▼ 73.8%€21,079within the sector's middle half▲ 3.0%
Solvency69.0%within the sector's middle half▲ 4.3pp20.6%within the sector's middle half▼ 48.4pp28.6%within the sector's middle half▲ 8.0pp22.4%within the sector's middle half▼ 6.2pp25.4%within the sector's middle half▲ 3.0pp
Current ratio3.46within the sector's middle half▲ 0.412.52within the sector's middle half▼ 0.943.25within the sector's middle half▲ 0.731.27within the sector's middle half▼ 1.981.37within the sector's middle half▲ 0.11
Return on assets (ROA)11.6%within the sector's middle half▲ 0.4pp-3.4%below the sector's middle half▼ 15.1pp9.8%within the sector's middle half▲ 13.2pp5.3%within the sector's middle half▼ 4.5pp5.2%within the sector's middle half=
Staff (FTE)0.7below the sector's middle half1▲ 42.9%1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €381,297
Fixed assets
€303,553 ▼ 6.5%
Current assets
€77,744 ▼ 20.0%
Equity and liabilities €381,297
Equity
€96,795 ▲ 2.5%
Debt
€284,502 ▼ 13.1%
Debt's share of the balance-sheet total falls from 77.6% to 74.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
20.7%▼
2023 · 23.6%
Debt ≤ 1 year
€56,665▼
2023 · €76,738
Debt > 1 year
€219,838▼
2023 · €246,514
Income taxes
€13,487▼
2023 · €14,144
Staff costs
€29,737▲
2023 · €25,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €23,606 | €22,993 | €25,722 | €29,737 | ▲ 15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,442 | €31,976 | €9,797 | €17,005 | €26,840 | ▲ 57.8% |
| Other operating charges640/8 | - | €1,115 | €2,916 | €5,363 | €6,148 | ▲ 14.6% |
| Non-recurring operating charges66A | - | €2,521 | €2,385 | €393 | - | - |
| Gross operating margin9900 | €45,153 | €54,317 | €86,594 | €88,993 | €100,701 | ▲ 13.2% |
| Operating profit (loss)9901 | €20,214 | -€4,901 | €48,503 | €40,510 | €37,977 | ▼ 6.3% |
| Financial income75/76B | - | €11 | - | €8 | - | - |
| Recurring financial income75 | - | €11 | - | €8 | - | - |
| Financial charges65/66B | - | €1,243 | €3,531 | €4,035 | €4,477 | ▲ 11.0% |
| Recurring financial charges65 | €1,329 | €1,243 | €3,531 | €4,035 | €4,477 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €18,539 | -€6,133 | €44,972 | €36,483 | €33,500 | ▼ 8.2% |
| Income taxes67/77 | €7,637 | €3,080 | €16,005 | €14,144 | €13,487 | ▼ 4.6% |
| Profit (loss) for the period9904 | €10,902 | -€9,213 | €28,967 | €22,339 | €20,013 | ▼ 10.4% |
| Profit (loss) for the period to be appropriated9905 | €10,902 | -€9,213 | €28,967 | €22,339 | €20,013 | ▼ 10.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93,668 | €268,949 | €295,487 | €421,711 | €381,297 | ▼ 9.6% |
| Fixed assets21/28 | €17,258 | €191,780 | €182,852 | €324,514 | €303,553 | ▼ 6.5% |
| Tangible fixed assets22/27 | €14,258 | €188,780 | €179,852 | €321,514 | €300,553 | ▼ 6.5% |
| Land and buildings22 | - | €179,396 | €174,600 | €242,130 | €240,737 | ▼ 0.6% |
| Furniture and vehicles24 | - | €7,334 | €4,227 | €79,384 | €59,816 | ▼ 24.6% |
| Other tangible fixed assets26 | - | €2,050 | €1,025 | - | - | - |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €76,410 | €77,169 | €112,635 | €97,197 | €77,744 | ▼ 20.0% |
| Amounts receivable within one year40/41 | €962 | €13,101 | €22,071 | €28,841 | €23,491 | ▼ 18.6% |
| Other amounts receivable41 | - | €13,101 | €22,071 | €28,841 | €23,491 | ▼ 18.6% |
| Cash at bank and in hand54/58 | €32,278 | €23,267 | €41,595 | €19,892 | €14,406 | ▼ 27.6% |
| Deferred charges and accrued income490/1 | - | €40,801 | €48,968 | €48,464 | €39,847 | ▼ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93,668 | €268,949 | €295,487 | €421,711 | €381,297 | ▼ 9.6% |
| Equity10/15 | €64,611 | €55,399 | €84,366 | €94,459 | €96,795 | ▲ 2.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €52,021 | €52,021 | €80,988 | €82,059 | €84,395 | ▲ 2.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €50,161 | €79,128 | €82,059 | €84,395 | ▲ 2.8% |
| Profit (loss) carried forward14 | €190 | -€9,022 | -€9,022 | - | - | - |
| Amounts payable17/49 | €29,057 | €213,550 | €211,121 | €327,252 | €284,502 | ▼ 13.1% |
| Amounts payable after more than one year17 | €4,903 | €181,435 | €174,936 | €246,514 | €219,838 | ▼ 10.8% |
| Financial debts170/4 | - | €181,435 | €174,936 | €246,514 | €219,838 | ▼ 10.8% |
| Amounts payable within one year42/48 | €22,072 | €30,615 | €34,685 | €76,738 | €56,665 | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | - | €8,234 | €6,669 | €33,735 | €34,176 | ▲ 1.3% |
| Trade debts44 | €2,930 | €11,018 | €5,893 | €17,676 | €1,434 | ▼ 91.9% |
| Suppliers440/4 | - | €11,018 | €5,893 | €17,676 | €1,434 | ▼ 91.9% |
| Taxes, remuneration and social security45 | - | €11,364 | €22,123 | €25,328 | €21,054 | ▼ 16.9% |
| Taxes450/3 | - | €2,674 | €11,005 | €18,047 | €13,971 | ▼ 22.6% |
| Remuneration and social security454/9 | - | €8,690 | €11,118 | €7,280 | €7,083 | ▼ 2.7% |
| Accrued charges and deferred income492/3 | - | €1,500 | €1,500 | €4,000 | €8,000 | ▲ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,902 | -€9,213 | €28,967 | €22,339 | €20,013 | ▼ 10.4% |
| + Depreciation and write-downs630 | €3,442 | €31,976 | €9,797 | €17,005 | €26,840 | ▲ 57.8% |
| Operating cash flow (approximation) | €14,344 | €22,763 | €38,764 | €39,344 | €46,853 | ▲ 19.1% |
| Investment in fixed assets (approximation) | - | -€206,497 | -€869 | -€158,667 | -€5,880 | ▲ 96.3% |
| Change in cash | - | -€9,012 | €18,328 | -€21,703 | -€5,486 | ▲ 74.7% |
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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 387 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €28,967
Net result €28,967 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€9,213
Net result drops to -€9,213, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 65 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2009
Ground area
147 m²
Building footprint
126 m²
Volume, LiDAR
1,332 m³
Parcel 46302D0308/00D000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HORIO BVBA
since 20092.176.072.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D0308/00D000 | Flanders | 147 m² | 1 · 126 m² | 12.8 m · 4 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.
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Of 1,682 companies in sector 66191 we hold annual accounts for 1,230. 1,050 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898595528
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.