Summary
Horizon Educatief has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2007 annual accounts show equity of €53k and a net result of €7k. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2007 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2007
Profitability55
Solvency76
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2007Solvency, return and age of the figures
Solvency
51.4%
Return on assets
6.9%
Age of the figures
225 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2007. Since then, 18 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2008 close31-07-2009 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2007 was due by 31-07-2008 and was filed on 05-06-2008, 56 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2007, abbreviated schema
Equity
€53k
Total assets
€104k
Net result
€7k
Working capital
€54k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €104k
Fixed assets
€9k
Current assets
€95k
Equity and liabilities €104k
Equity
€53k
Provisions
€5k
Debt
€46k
Debt finances 43.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€19k
Cash flow
€13k
Current ratio
2.28
ROE
13.5%
ROA
6.9%
Debt ≤ 1 year
€42k
Filed annual accounts As filed with the NBB · 2007 · 21 lines
Balance sheet
Code2007
Assets
Total assets20/58€104k
Fixed assets21/28€9k
Intangible fixed assets21€1k
Tangible fixed assets22/27€7k
Current assets29/58€95k
Amounts receivable within one year40/41€57k
Current investments50/53€35k
Cash at bank and in hand54/58€2k
Equity and liabilities
Total equity and liabilities10/49€104k
Equity10/15€53k
Provisions and deferred taxes16€5k
Amounts payable17/49€46k
Amounts payable within one year42/48€42k
Trade debts44€13k
Income statement
Code2007
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k
Gross operating margin9900€298k
Operating profit (loss)9901€14k
Recurring financial income75€324
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€12k
Profit (loss) for the period9904€7k
Timeline · acts, filings and financial milestones
2008
05-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
11-07
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
13 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, Oostende · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fortstraat 1288400 OostendeGround area
1,001 m²
Building footprint
1,001 m²
Volume, LiDAR
4,049 m³
Parcel 35382B0042/00M002, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Horizon - Educatief vzw
since 20062.157.172.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0042/00M002 | Flanders | 1,001 m² | 1 · 1,001 m² | 6.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 50,000 EUR awarded · 50,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 20,000 EUR |
| 2023 | 1 | 0 EUR | 30,000 EUR |
| 2022 | 1 | 50,000 EUR | 0 EUR |
Schemes
Thematische projectoproep tot subsidiëring Toerisme Vlaanderen
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Of 689 companies in sector 94991 we hold annual accounts for 172. 106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded02-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
94991Youth work associations
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.