HORIZON 9

Inactive

Private limited company (pre-2019)KBO/BCE: BE 0477.649.576

Inactive since 25-09-2026; last annual accounts for fiscal year 2025. Dissolved and wound up in a single deed on 22-09-2026.

Watch Report Expert view

HORIZON 9Inactive

Report

What they do

Activity not known

How big

€31,465total assets 2025

Equity: -€13,869
Profit: €5,896

Turnover not published (abridged schema)

Financially healthy?

Inactive: no score

Who decides

Auditor: JOIRIS, ROUSSEAUX ET Co, REVISEURS D'ENTREPRISES ASSOCIESAccounts 10 d early1 of 3 deeds read

SignalsLatest accounts filed on timeShow the evidence

Signals

1 signal. The signal on the left, the evidence on the right.

○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 21-07-2026, 10 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

10 d early

2024

159 d late

2022

143 d late

2021

31 d late

2020

90 d late

2019

410 d late

2018

362 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 169 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

28-09-26 Legal-form change · Resignations & appointments…Appointment: JOIRIS,ROUSSEAUX ET Co,REVISEURS D'ENTREPRISES…
21-07-26 Annual accounts filedfiscal year 2025 · abbreviated…
06-01-26 Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €31,465Profit €5,896Solvency -44.1%Liquidity 0.83

Total assets

€31,465▼ 68.1%

2018 - 2025

Net result

€5,896▼ 43.9%

2018 - 2025

Equity

-€13,869▲ 29.8%

2018 - 2025

Solvency

-44.1%▼ 24.0pp

2018 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years7 fiscal years

Trend over the years

In euros Operating result Net result Equity Total assets Debt Working capital

In euros

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.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20202021202220242025

Operating result€8,654€19,135▲ 121%-€86,702€10,871-€8,832▼ 18.8%

Net result€8,267€18,917▲ 129%-€89,848€10,507-€5,896▼ 43.9%

Equity€104,613▲ 8.6%€123,530▲ 18.1%€33,682▼ 72.7%-€19,765--€13,869▲ 29.8%

Total assets€179,493▼ 48.2%€246,672▲ 37.4%€138,357▼ 43.9%€98,657-€31,465▼ 68.1%

Debt€74,880▼ 70.1%€123,142▲ 64.5%€104,675▼ 15.0%€118,422-€45,334▼ 61.7%

Working capital€117,061▲ 8.7%€136,972▲ 17.0%€52,642▼ 61.6%-€4,755--€6,074▼ 27.7%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result and balance sheet2025

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 19% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €31,465

96.9%

Fixed assets €981 ▼ 40.5%

Current assets €30,484 ▼ 68.6%

Equity and liabilities

Equity-€13,869

Debt€45,334

Equity is negative: debt (€45,334) exceeds the balance-sheet total (€31,465).

Key figures and ratios2025

Key figures and ratios

2025 value · change against 2024

EBITDA

€9,500▼

2024 · €11,917

Cash flow

€6,564▼

2024 · €11,553

Solvency

-44.1%▼

2024 · -20.0%

Current ratio

0.83▼

2024 · 0.95

ROA

18.7%▲

2024 · 10.7%

Interest coverage

32.09▼

2024 · 49.45

Debt ≤ 1 year

€36,558▼

2024 · €101,763

Income taxes

€2,648▲

2024 · €224

No debt to equity: equity is negative, so debt divided by equity means nothing.

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accountsfiscal year 2025

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€98,657€31,465▼

Fixed assets21/28€1,649€981▼

Tangible fixed assets22/27€1,596€928▼

Plant, machinery and equipment23€1,456€928▼

Furniture and vehicles24€140-

Financial fixed assets28€53€53=

Current assets29/58€97,008€30,484▼

Amounts receivable within one year40/41€87,286€29,407▼

Trade receivables40€80,049€29,407▼

Other amounts receivable41€7,237-

Cash at bank and in hand54/58€9,722€1,077▼

Equity and liabilities

Total equity and liabilities10/49€98,657€31,465▼

Equity10/15-€19,765-€13,869▲

Contributions10/11€12,400€12,400=

Outside capital11-€12,400

Share premium1100/10-€12,400

Reserves13€1,860€1,860=

Non-distributable reserves130/1€1,860€1,860=

Reserves not available under the articles1311€1,860€1,860=

Profit (loss) carried forward14-€34,025-€28,129▲

Amounts payable17/49€118,422€45,334▼

Amounts payable within one year42/48€101,763€36,558▼

Trade debts44€10,122€12,398▲

Suppliers440/4€10,122€12,398▲

Advances received on contracts in progress46€1,850€5,433▲

Taxes, remuneration and social security45€4,813€3,105▼

Taxes450/3€4,813€3,105▼

Other amounts payable47/48€84,978€15,622▼

Accrued charges and deferred income492/3€16,659€8,776▼

Income statement Code20242025

Remuneration, social security and pensions62-€1,440-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,046€668▼

Other operating charges640/8€538-

Operating charges capitalised as restructuring costs649--€27

Gross operating margin9900€11,015€9,473▼

Operating profit (loss)9901€10,871€8,832▼

Financial income75/76B€101€8▼

Recurring financial income75€101€8▼

Financial charges65/66B€241€296▲

Recurring financial charges65€241€296▲

Profit (loss) for the period before taxes9903€10,731€8,544▼

Income taxes67/77€224€2,648▲

Profit (loss) for the period9904€10,507€5,896▼

Profit (loss) for the period to be appropriated9905€10,507€5,896▼

Appropriation of the result

Profit (loss) to be appropriated9906-€34,025-€28,129▲

Profit (loss) brought forward from the previous period14P-€44,532-€34,025▲

Show all 45 lines Show the main lines only

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2020	2021	2022	2024	2025	Change
Non-recurring operating income76A	-	€8,215	-	-	-	-
Remuneration, social security and pensions62	-	-	€635	-€1,440	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1,082	€50	€518	€1,046	€668	▼ 36.1%
Other operating charges640/8	-	€3,540	€11,110	€538	-	-
Operating charges capitalised as restructuring costs649	-	-	-	-	-€27	-
Non-recurring operating charges66A	-	-	€9,187	-	-	-
Gross operating margin9900	€10,864	€22,724	-€65,252	€11,015	€9,473	▼ 14.0%
Operating profit (loss)9901	€8,654	€19,135	-€86,702	€10,871	€8,832	▼ 18.8%
Financial income75/76B	-	€93	€38	€101	€8	▼ 92.1%
Recurring financial income75	€109	€93	€38	€101	€8	▼ 92.1%
Financial charges65/66B	-	€310	€3,084	€241	€296	▲ 22.8%
Recurring financial charges65	€495	€310	€3,084	€241	€296	▲ 22.8%
Profit (loss) for the period before taxes9903	€8,267	€18,917	-€89,747	€10,731	€8,544	▼ 20.4%
Income taxes67/77	-	-	€101	€224	€2,648	▲ 1,082%
Profit (loss) for the period9904	€8,267	€18,917	-€89,848	€10,507	€5,896	▼ 43.9%
Profit (loss) for the period to be appropriated9905	€8,267	€18,917	-€89,848	€10,507	€5,896	▼ 43.9%

Line	2020	2021	2022	2024	2025	Change
Assets
Total assets20/58	€179,493	€246,672	€138,357	€98,657	€31,465	▼ 68.1%
Fixed assets21/28	€53	€1,558	€1,040	€1,649	€981	▼ 40.5%
Tangible fixed assets22/27	-	€1,506	€987	€1,596	€928	▼ 41.9%
Plant, machinery and equipment23	-	-	-	€1,456	€928	▼ 36.3%
Furniture and vehicles24	-	€1,506	€987	€140	-	-
Financial fixed assets28	€53	€53	€53	€53	€53	=
Current assets29/58	€179,441	€245,114	€137,317	€97,008	€30,484	▼ 68.6%
Amounts receivable within one year40/41	€166,286	€217,197	€121,250	€87,286	€29,407	▼ 66.3%
Trade receivables40	-	€207,197	€120,110	€80,049	€29,407	▼ 63.3%
Other amounts receivable41	-	€10,000	€1,140	€7,237	-	-
Cash at bank and in hand54/58	€12,567	€19,106	€15,060	€9,722	€1,077	▼ 88.9%
Deferred charges and accrued income490/1	-	€8,811	€1,007	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€179,493	€246,672	€138,357	€98,657	€31,465	▼ 68.1%
Equity10/15	€104,613	€123,530	€33,682	-€19,765	-€13,869	▲ 29.8%
Contributions10/11	-	€12,400	€12,400	€12,400	€12,400	=
Outside capital11	-	-	-	-	€12,400	-
Share premium1100/10	-	-	-	-	€12,400	-
Reserves13	€1,860	€1,860	€1,860	€1,860	€1,860	=
Non-distributable reserves130/1	-	€1,860	€1,860	€1,860	€1,860	=
Reserves not available under the articles1311	-	€1,860	€1,860	€1,860	€1,860	=
Profit (loss) carried forward14	€90,353	€109,270	€19,422	-€34,025	-€28,129	▲ 17.3%
Amounts payable17/49	€74,880	€123,142	€104,675	€118,422	€45,334	▼ 61.7%
Amounts payable within one year42/48	€62,380	€108,142	€84,675	€101,763	€36,558	▼ 64.1%
Trade debts44	€32,944	€84,242	€34,553	€10,122	€12,398	▲ 22.5%
Suppliers440/4	-	€84,242	€34,553	€10,122	€12,398	▲ 22.5%
Advances received on contracts in progress46	-	-	-	€1,850	€5,433	▲ 194%
Taxes, remuneration and social security45	-	€3,565	€3,107	€4,813	€3,105	▼ 35.5%
Taxes450/3	-	€3,565	€3,107	€4,813	€3,105	▼ 35.5%
Other amounts payable47/48	-	€20,334	€47,015	€84,978	€15,622	▼ 81.6%
Accrued charges and deferred income492/3	-	€15,000	€20,000	€16,659	€8,776	▼ 47.3%

Line	2020	2021	2022	2024	2025	Change
Profit (loss) for the period9904	€8,267	€18,917	-€89,848	€10,507	€5,896	▼ 43.9%
+ Depreciation and write-downs630	€1,082	€50	€518	€1,046	€668	▼ 36.1%
Operating cash flow (approximation)	€9,349	€18,967	-€89,330	€11,553	€6,564	▼ 43.2%
Investment in fixed assets (approximation)	-	-€1,555	€0	-	€0	-
Change in cash	-	€6,539	-€4,046	-	-€8,645	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Board & ownership

Auditor JOIRIS, ROUSSEAUX ET…

Directors

Statutory auditor 1

JOIRIS, ROUSSEAUX ET Co, REVISEURS D'ENTREPRISES ASSOCIES

Auditor · since 28-09-2026 · perm. rep.: Pierre-Olivier ELSEN

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Mandate history

1 person since 2026, 1 in office

All 1 In office 1

Statutory auditor

Mandates per person, with start and end dates
Name	Functions and periods
JOIRIS, ROUSSEAUX ET Co, REVISEURS D'ENTREPRISES ASSOCIES	Auditor, from 28-09-2026 to date

See the board, name and seat on a given date →

Structure & network

Connections & network

No directors read yet: 1 of 3 Gazette acts processed.

Capital and shareholders

Shareholders according to the acts

Stated in the act act of 28-09-2026 ↗

Nicolas SIMONART all shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Timeline

16 eventsLatest 28-09-2026Next filing 31-07-2027

History

Total assets fell from €600,909 in 2018 to €31,465 in 2025.¹ In 2026 HORIZON 9 was dissolved and its liquidation closed in a single deed.²

Acts, filings and financial milestones

All 16Financial 5Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-09

State Gazette act Legal-form change · Resignations & appointments · End & cessation

Appointment: JOIRIS,ROUSSEAUX ET Co,REVISEURS D'ENTREPRISES ASSOCIES (statutory auditor) · Auditor report · Declaration13 facts ▸

General meeting, 22-09-2026
Other statement, dispense de lecture des rapports, Première résolution
Auditor appointment, JOIRIS,ROUSSEAUX ET Co,REVISEURS D'ENTREPRISES ASSOCIES
Auditor report, décision proposée de dissolution volontaire, sans réserve
Declaration, connaissance des rapports et état, parfaite
Dissolution, 22-09-2026
Liquidation closure, établir et soumettre à approbation comptes annuels dernier exercice et exercice se terminant par dissolution, 2:70
Approval, comptes et répartition approuvés
Other statement, organe d’administration, officer discharge
Custody of records, domicile de Monsieur Nicolas SIMONART, jour de la publication de l’extrait du procès-verbal à l’annexe au Moniteur belge
Liquidation distribution, actionnaire unique
Shareholding, 22-09-2026
+1 further facts in this act

21-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

06-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 159 days late

2024

31-12

Financial Back to profitnet €10,507

Net result €10,507 after one loss-making year.

2023

21-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 143 days late

2022

31-12

Financial Weakest financial yearnet -€89,848

Net result drops to -€89,848, the lowest in the series.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Highest result since 2018net €18,917 ▲129%

Operating result €19,135, net result €18,917, both a record.

29-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 90 days late

14-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 410 days late

2020

31-12

Financial Back to profitnet €8,267

Net result €8,267 after 2 loss-making years.

31-12

Financial Equity above €100,000Eq €104,613 ▲8.6%

Equity rises from €96,346 to €104,613.

Show earlier events

27-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 362 days late

2018

26-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 57 days late

2017

21-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 52 days late

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 3 acts read

About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company (pre-2019)Year ends 31-12Peppol reachable

Articles of association

Other statement

Responsabilités de l’organe d’administration dans dissolution, discontinuité

according to the deed of 28-09-2026

Sites & property

Location & real-estate footprint

Registered office, La Hulpe

exact location from the address register On OpenStreetMap

Ground area

747 m²

Building footprint

51 m²

Volume, LiDAR

322 m³

Parcel 25050C0135/00D003, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25050C0135/00D003	Wallonia	747 m²	1 · 51 m²	7.0 m · 2 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.