The computed 12-month bankruptcy probability of HORIZON BLEU is 2.7% (moderate). The 2025 annual accounts show a net result of €46,374. Equity is shrinking by about 55% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its net result ranks better than 67% of 11,204 sector peers (NACE 68, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises2025 accounts filed 54 days late4 of 6 deeds summarised
Signalsraises risk2 changes of registered office in 24 monthsLiquidity: current ratio 12.78, cash €57,3192025 accounts filed 54 days latelowers riskSector: Real estate activities (NACE 68)Size: turnover €154,059, total assets €5.4mShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
2.7%Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (6,987 companies, NACE 68, small)
Last 24 months11-2024: 4.6%12-2024: 4.6%● unchanged vs 11-202401-2025: 4.6%● unchanged vs 12-202402-2025: 4.7%▲ +0.1 percentage points vs 01-202503-2025: 1.6%▼ -3.1 percentage points vs 02-2025lowest value04-2025: 4.8%▲ +3.2 percentage points vs 03-202505-2025: 4.8%● unchanged vs 04-202506-2025: 5.0%▲ +0.2 percentage points vs 05-202507-2025: 5.0%● unchanged vs 06-202508-2025: 5.0%● unchanged vs 07-202509-2025: 5.0%● unchanged vs 08-202510-2025: 5.1%▲ +0.1 percentage points vs 09-202511-2025: 5.1%● unchanged vs 10-202512-2025: 5.1%● unchanged vs 11-202501-2026: 5.0%▼ -0.1 percentage points vs 12-202502-2026: 5.0%● unchanged vs 01-202603-2026: 5.0%● unchanged vs 02-202604-2026: 5.0%● unchanged vs 03-202605-2026: 4.9%▼ -0.1 percentage points vs 04-202606-2026: 4.9%● unchanged vs 05-202607-2026: 4.8%▼ -0.1 percentage points vs 06-202608-2026: 6.1%▲ +1.3 percentage points vs 07-202609-2026: 7.3%▲ +1.2 percentage points vs 08-2026highest value10-2026: 2.7%▼ -4.6 percentage points vs 09-2026
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 23 September (4 of the last 5 filed years within 42 days of that day).