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Horizon Energy

Active
Public limited companyfounded 2020active for 6 yearsVosseschijnstraat 140, 2030 Antwerpen, Belgium27 active companies are registered at this addressKBO/BCE: BE 0755.664.741
Summary

Horizon Energy has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.1m and a net result of €113,608. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 1,854 sector peers (NACE 49, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
Horizon EnergyActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
≈ €2.3mturnover 2024, estimated
Equity
€5.1m
Profit
€113,608
Turnover estimated from the gross margin
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
VEPO INVEST · 100%
  • VEPO INVESTDirector · permanent representative Erik Verstraeten
2025 accounts not filed, 92 days past the deadline3 of 4 deeds summarised
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 29-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 29 days lateSector: Land transport and transport via pipelines (NACE 49)lowers riskSize: total assets €26.7mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 49, medium-sized)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 44+19
equity 19.2% of total assets
Liquidity 44-3
short-term debt 72.8% · cash 26.5%
Profitability 28-40
return on assets 0.4%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.7 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
Credit of up to €280,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.37, compared with 0.96 in 2023, below the usual 1.5; short-term debt: 72.8% and cash: 26.5% of total assets), and 80.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 31% on solvency, 66% on liquidity, 13% on profitability and 99% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €26.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 29-08-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 29 days late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1854 sector peers (2024).
NBB · sector comparison
Position among 1854 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year €5.1m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
21 days early
2022
32 days early
2021
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 8 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Capital & shares · Amendment of…Auditor report · Capital increase…
  3. Back to profitnet €113,608

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
  • Positive: Equity rose in 2024from €8,256 to €5.1m ▲ 620× View
  • Positive: Among the best 5% on equitysector median €470,861 · 1,856 companies €5.1m View
  • Controlled by VEPO INVEST 100% View

By topic

Financials

Financial year
2024
Total assets
€26.7m
Profit
€113,608
Solvency
19.2%
Total assets▲ 553%
Net result
20212024
Go to Financials

Timeline

Events
10
Since
2022
  1. 31-12-2024Equity above €5m
  2. 10-07-2024Annual accounts filed
  3. 31-10-2023Amendment of the articles · Name
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
05-10-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Horizon Energy

What is the company number of Horizon Energy?
0755.664.741. In Belgium the VAT number is the company number with BE in front: BE 0755.664.741.
Where is Horizon Energy based?
The registered office is at Vosseschijnstraat 140, 2030 Antwerpen.Company details
What does Horizon Energy do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Horizon Energy?
Public limited company (NV).
When was Horizon Energy founded?
On 05-10-2020.
Is Horizon Energy still active?
Yes, Horizon Energy is an active enterprise in the KBO register.
What is the turnover of Horizon Energy?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Horizon Energy profitable?
In financial year 2024, Horizon Energy made a profit of €113,608.
Where can I find the annual accounts of Horizon Energy?
Horizon Energy filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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