Financials
- Fiscal year
- 2025
- Turnover
- €13,128
- Loss
- -€611
- Solvency
- 64.5%
Turnover▼ 69.2%
Net result
20182025
HORLUX
ActiveSummary
HORLUX has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264,492 and a net result of -€611. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 77% of 4913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Retail sale of watches and jewellery
NACE 47770NACE 52484
1 site
Size
€13,128turnover 2025
- Equity
- €264,492
- Loss
- -€611
Structure
Accounts 42 d early0 of 4 deeds read
Why 94- Sector Retail trade (NACE 47)+ Liquidity: current ratio 2.83, cash €119,521+ Founded in 1986+ Equity €264,492 (64.5% of total assets)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
90+1
equity 64.5% of total assets
Liquidity
78+2
short-term debt 23.8% · cash 29.2%
Profitability
37+7
return on assets -0.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%▲ +3.9% vs 12-2024
02-2025: 0.1%▲ +1.3% vs 01-2025
03-2025: 0.1%● 0.0% vs 02-2025
04-2025: 0.1%▲ +11.3% vs 03-2025
05-2025: 0.1%● 0.0% vs 04-2025
06-2025: 0.1%▼ -11.2% vs 05-2025
07-2025: 0.1%▼ -15.2% vs 06-2025lowest value
08-2025: 0.1%● 0.0% vs 07-2025lowest value
09-2025: 0.1%● 0.0% vs 08-2025lowest value
10-2025: 0.1%● 0.0% vs 09-2025lowest value
11-2025: 0.1%● 0.0% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%▲ +3.0% vs 12-2025
02-2026: 0.1%▲ +1.4% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%▲ +11.4% vs 03-2026
05-2026: 0.1%● 0.0% vs 04-2026
06-2026: 0.1%▼ -11.5% vs 05-2026
07-2026: 0.1%▲ +14.5% vs 06-2026
08-2026: 0.1%▲ +67.1% vs 07-2026
09-2026: 0.2%▲ +21.2% vs 08-2026highest value
10-2026: 0.1%▼ -54.4% vs 09-2026
- Liquidity: current ratio 2.83, cash €119,521 lowers the probability
- Founded in 1986 lowers the probability for this profile
- Sector Retail trade (NACE 47) raises the probability
- Equity €264,492 (64.5% of total assets) lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.81 in 2024; short-term debt: 23.8% and cash: 29.2% of total assets), and 35.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 77%, liquidity 83%, profitability 28%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
51 d early
2023
43 d early
2022
4 d early
2021
3 d early
2020
2 d late
2019
5 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €71
Key points
By topic
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-07-2027
- 19-06-2026Annual accounts filed
- 10-06-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Retail sale of watches and jewelleryNACE 47770
- Founded
- 01-12-1986
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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