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HORPI Systems

Active
Public limited companyfounded 199927 yrs activeRue de Maestricht(VIS) 100, 4600 Visé, BelgiumKBO/BCE: BE 0465.640.382
Summary

HORPI Systems has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534,034 and a net result of €4,390. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 90% of 234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
HORPI SystemsActiveChecked score 80/100
Risk analysis ReportCompare

Overview

What they do
Other research and development on natural sciences
NACE 72109NACE 72190NACE 73100
1 site
How big
€572,679total assets 2025
Staff
1 FTE
Equity
€534,034
Profit
€4,390
Financially healthy?
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Who decides
Holdings
1
Accounts filed 26 d late0 of 12 deeds read
Why 80- Higher-failure-rate region+ Long track record+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Lower-risk legal formFiled after the deadlineShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.21 in 2024; short-term debt: 6.7% and cash: 0.2% of total assets), and 6.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
93.3%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
30 d late
2023
21 d late
2022
28 d late
2021
22 d late
2020
26 d late
2019
31 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 26 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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 26 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 10% on solvencysector median 45.9% · 234 companies 93.3% View
  • Positive: 6 profitable years in a rowprofit 2025: €4,390 6 years View
  • Active since 1999founded 15-03-1999 27 years View

By topic

Financials

Fiscal year
2025
Total assets
€572,679
Profit
€4,390
Solvency
93.3%
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2026Annual accounts filed
  2. 30-08-2025Annual accounts filed
  3. 21-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other research and development on natural sciencesNACE 72109
Founded
15-03-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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