Financials
- Fiscal year
- 2025
- Total assets
- €1.8m
- Loss
- -€289,056
- Solvency
- -15.8%
HORIZON
ActiveSummary
The computed 12-month bankruptcy probability of HORIZON is 3.7% (moderate). The 2025 annual accounts show negative equity (-€279,056) and a net result of -€289,056. Its solvency ranks better than 9% of 11293 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110Supermarkets NACE 47114
#9 employer in Maaseik, Wholesale and retail trade sector1 site
Size
€1.8mtotal assets 2025
- Staff
- 8 FTE
- Equity
- -€279,056
- Loss
- -€289,056
Turnover not published (abridged schema)
Structure
- Largest shareholder
- ChriConiq · 50%
Accounts 2 d early0 of 1 deed read
Why 47- Negative equity -€279,056- Loss of €289,056 (FY 2025)- Sector Retail trade (NACE 47)+ Founded in 2024Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 13% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
9
equity -15.8% of total assets
Liquidity
20
short-term debt 66.8% · cash 4.4%
Profitability
0
return on assets -16.4%
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 3.8%
04-2025: 3.8%● 0.0% vs 03-2025
05-2025: 3.9%▲ +4.1% vs 04-2025
06-2025: 4.3%▲ +8.7% vs 05-2025
07-2025: 4.4%▲ +4.5% vs 06-2025
08-2025: 4.9%▲ +9.4% vs 07-2025
09-2025: 4.9%● 0.0% vs 08-2025
10-2025: 5.1%▲ +4.3% vs 09-2025
11-2025: 5.0%▼ -0.7% vs 10-2025
12-2025: 5.0%● 0.0% vs 11-2025
01-2026: 5.4%▲ +6.4% vs 12-2025
02-2026: 5.5%▲ +2.7% vs 01-2026
03-2026: 5.5%● 0.0% vs 02-2026
04-2026: 5.5%● 0.0% vs 03-2026
05-2026: 5.8%▲ +5.2% vs 04-2026highest value
06-2026: 5.8%● 0.0% vs 05-2026highest value
07-2026: 5.8%● 0.0% vs 06-2026highest value
08-2026: 3.9%▼ -32.4% vs 07-2026
09-2026: 3.9%▼ -1.3% vs 08-2026
10-2026: 3.7%▼ -4.4% vs 09-2026lowest value
- Negative equity -€279,056 raises the probability
- Loss of €289,056 (FY 2025) raises the probability
- Founded in 2024 lowers the probability for this profile
- Sector Retail trade (NACE 47) raises the probability
No credit on open account
Liquidity short (current ratio 0.46; short-term debt: 66.8% and cash: 4.4% of total assets), and equity is negative.
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 47, micro). Better than this share of them on solvency 15%, liquidity 18%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, 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
Six 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 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
By topic
Board & ownership
- Largest shareholder
- ChriConiq · 50%
Timeline
- Events
- 1
- Since
- 2026
- 28-04-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 23-02-2024
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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