Foreign entity · founded 2015 · active for 11 yearsZEHDENICKER STRASSE 1, DE-10119 BERLIJN, GermanyKBO/BCE: BE 0599.997.161
Summary
Horizon Ventures has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The 2018 annual accounts show equity of €920,769 and a net result of -€553,333. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
2018 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
Accounts 2264 days overdue0 of 5 deeds read
SignalsneutralNo filing for yearsFiled after the deadlineShow the evidence
Checked score
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.
Figures too old
The available figures for FY 2018 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.
Financial strength, FY 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency73
equity 48.3% of total assets
Liquidity50
short-term debt 1.4% · cash 0.2%
Profitability0
return on assets -29.0%
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.
The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
31-12-2019 year end31-07-2020 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 26-09-2019, 57 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.