Financials
- Fiscal year
- 2025
- Total assets
- €13,331
- Loss
- -€7,986
- Solvency
- 0.0%
Total assets▼ 13.1%
Net result
20212025
Hormao
ActiveSummary
The computed 12-month bankruptcy probability of Hormao is 2.5% (moderate). The annual accounts of Hormao for fiscal year 2025 show a net loss of 60% of total assets and of 100% of the equity at the start of that year. The 2025 annual accounts show equity of €0 and a net result of -€7,986. Equity is shrinking by ~51.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 18973 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other non-specialised retail sale
NACE 47120Intermediation services for non-specialised retail NACE 47910
1 site
How big
€13,331total assets 2025
- Equity
- €0
- Loss
- -€7,986
Turnover not published (abridged schema)
Who decides
Accounts 50 d early0 of 2 deeds read
Why 29- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Persistent losses- Weak solvency vs sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency25▼-52
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.62 against 1.45 in 2024; short-term debt: 100% and cash: 29.8% of total assets), and 100% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
-59.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€7,986
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18973 sector peers (2025).
NBB · sector comparisonPosition among 18973 sector peers
Solvency
better than 23%
← weakest
strongest →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
50 d early
2024
29 d late
2023
32 d early
2022
31 d early
2021
54 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 28 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€11,624
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- Next accounts
- by 31-07-2027
- 11-06-2026Annual accounts filed
- 29-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Support & recognitions
- Funding sources
- 1
- Flemish government
- €495awarded · 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other non-specialised retail saleNACE 47120
- Founded
- 29-05-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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