Debts
€90,765 97% of the balance sheet
Financial debts 1%Suppliers 28%Taxes and wages 5%Other 65%
Of this, €64,229 falls due within a year.
HOROMECA
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1994peak €51,538 (2021)
€5,377▼ 88.3%
lowest -€24,535 (2023)
-€9,256▼ €20,955
peak €41,397 (2009)
€2,551▼ 78.4%
€90,765▼ 8.8%
peak 0.5 FTE (2009)
-not published
Board2 names since 2021
1 directorCharles Henri Dallemagne
Documentsfilings and deeds
27-10-202688 days late
2025micro format
Gross margin from €45,933 to €5,377Loss of €9,256Equity from €11,807 to €2,551Cash from €27,125 to €43,176
Key points
from the 2025 annual accountsChecked score
54
Fair
Financially stronger than 30% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.4 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged 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 12-2025
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: 0.1%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 1.4%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
1 change of registered office in 24 months
Loss of €9,256 (financial year 2025)
Last filed accounts filed 88 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €93,316
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 18% of them on solvency, 69% on liquidity, 26% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 974 companies had the same profile as HOROMECA has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOROMECA itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 974 companies, not a prediction for HOROMECA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so 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 is tight, with a current ratio of 1.19 (0.92 in 2024), below the usual 1.5. Short-term debt is 68.8% and cash 46.3% of total assets. 97.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13805 sector peers (2025).
NBB · sector comparisonPosition among 13805 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-10-2026, 88 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 · 10 filingsDeviation from the deadline
2025
88 days late
2024
31 days early
2023
1 day early
2022
4 days early
2021
24 days early
2020
29 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Sophie Dallemagne 250 sharesdeed of 09-09-2026
- Dallemagne Dominique 250 sharesdeed of 09-09-2026
- Dallemagne Gregory 125 sharesdeed of 09-09-2026
Recent changes
Registered office moved from Meise to Braine-l'Alleud
New registered office: Rue du Cuisinier 200, B1420 Braine-l'Alleud · Previous registered office: Oude Vilvoordsebaan 21, 1860 Meise · Resignation: Charles Henri Dallemagne (director) · General meeting of 14:30, 12:00 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452277346
Registered office moved from Brussels to Meise
New registered office: 21 Oude Vilvoordsebaan à 1860 Meise · Previous registered office: rue des ateliers nr 7-9 à 1080 Bruxelles · General meeting of 05-02-2019 · Gazette deed
First establishment
Oude Vilvoordsebaan 21, Meise
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOROMECA Braine-l'Alleud | €93,316 | €5,377 | 2.7% | - |
| ATELIER CAROLINE VAN DE CASTEELE Oosterzele | €87,880 | €5,028 | 35.2% | - |
| VASSO Maasmechelen | €93,783 | €9,449 | 38.5% | - |
| SAMARIS Perwez | €70,763 | €12,575 | 46.1% | - |
| D & G GOLDLAND INTERNATIONAL Mechelen | €85,450 | €3,074 | 94.0% | - |
| LINOR Wemmel | €82,310 | €3,724 | 64.8% | - |
| EUROPEAN QUALITY CIRCLE Lier | €69,321 | €4,231 | -257.2% | - |
These companies have the same main activity as HOROMECA: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €69,300 and €93,800, founded between 1990 and 1998.
Official details
Source: KBO- Status
- Active since 07-03-1994Normal situation
- Activity
- Wholesale tradeNACE 46480and 1 other
- Establishment unit
- 2.066.435.9361860 Meise, since 14-04-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 26-02-2026
Annual accounts 2025
- ≈ €53,000estimated
- €93,316▼ 19.3%
- ≈ 0 FTEestimated
- Filing
- Filed on 27-10-2026
Insights on HOROMECA
HOROMECA files the micro format. That format states no turnover. The gross margin rose from €1,685 in 2007 to €5,377 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HOROMECA
- What is the company number of HOROMECA?
- The company number of HOROMECA is 0452.277.346. The VAT number is the same number with BE in front: BE 0452.277.346.
- Where is HOROMECA based?
- The registered office is at Rue du Cuisinier 200, 1420 Braine-l'Alleud.Company details
- What does HOROMECA do?
- According to the KBO register, the main activity is wholesale trade (NACE 46480).
- What is the legal form of HOROMECA?
- HOROMECA is a private limited company (pre-2019) (BVBA).
- When was HOROMECA founded?
- HOROMECA was founded on 07-03-1994.
- Is HOROMECA still active?
- Yes, HOROMECA is an active enterprise in the KBO register.
- How many employees does HOROMECA have?
- HOROMECA had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of HOROMECA?
- The turnover in financial year 2025 is ≈ €53,000. This figure is estimated from the gross margin of €5,377 and 41 comparable companies (NACE 464). It probably lies between €27,000 and €220,000. It is a rough estimate.
- Is HOROMECA profitable?
- In financial year 2025, HOROMECA made a loss of €9,256.
- Where can I find the annual accounts of HOROMECA?
- HOROMECA filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOROMECA due?
- HOROMECA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.