Financials
- Fiscal year
- 2025
- Total assets
- €300,838
- Profit
- €2,666
- Solvency
- 81.1%
Total assets▲ 9.0%
Net result
20192025
HORIZON
ActiveSummary
HORIZON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €244,032 and a net result of €2,666. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 82% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
What they do
Agents in non-specialised wholesale trade
NACE 46190
1 site
How big
€300,838total assets 2025
- Equity
- €244,032
- Profit
- €2,666
Turnover not published (abridged schema)
Who decides
Accounts 3 d early0 of 1 deed read
Why 69- Liquidity: current ratio 42.26, cash €21, halved- Size: total assets €300,838+ Equity €244,032 (81.1% of total assets)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 55% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 81.1% of total assets
Liquidity
50=
short-term debt 2.4% · cash 0.0%
Profitability
40-2
return on assets 0.9%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%▼ -1.5% vs 11-2024
01-2025: 1.1%▲ +10.3% vs 12-2024
02-2025: 1.5%▲ +37.5% vs 01-2025highest value
03-2025: 0.9%▼ -40.0% vs 02-2025
04-2025: 0.9%● 0.0% vs 03-2025
05-2025: 0.9%▼ -6.4% vs 04-2025
06-2025: 0.9%● 0.0% vs 05-2025
07-2025: 0.9%▲ +1.0% vs 06-2025
08-2025: 0.9%● 0.0% vs 07-2025
09-2025: 0.8%▼ -13.6% vs 08-2025
10-2025: 0.8%▲ +6.1% vs 09-2025
11-2025: 0.8%▼ -0.1% vs 10-2025
12-2025: 0.7%▼ -7.4% vs 11-2025
01-2026: 0.8%▲ +12.8% vs 12-2025
02-2026: 0.7%▼ -14.7% vs 01-2026lowest value
03-2026: 0.7%● 0.0% vs 02-2026lowest value
04-2026: 0.7%● 0.0% vs 03-2026lowest value
05-2026: 0.7%● 0.0% vs 04-2026lowest value
06-2026: 0.7%● 0.0% vs 05-2026lowest value
07-2026: 0.7%▲ +1.0% vs 06-2026
08-2026: 0.7%● 0.0% vs 07-2026
09-2026: 0.7%● 0.0% vs 08-2026
10-2026: 0.8%▲ +6.0% vs 09-2026
- Liquidity: current ratio 42.26, cash €21, halved raises the probability
- Equity €244,032 (81.1% of total assets) lowers the probability
- Size: total assets €300,838 raises the probability for this profile
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 42.26 against 10.38 in 2024; short-term debt: 2.4% and cash: 0% of total assets), and 18.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 53%, profitability 32%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
10 d late
2023
29 d late
2022
13 d late
2021
10 d late
2020
11 d late
2019
45 d early
← 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 4 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 10 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity quadruplescurrent ratio 42.26
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2019
- Next accounts
- by 31-01-2027
- 28-01-2026Annual accounts filed
- 30-06-2025Liquidity quadruples
- 10-02-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 25-07-2017
- Year ends
- 30-06
- Peppol
- Not found in the Peppol directory
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