HORTA LANAKEN
ActiveSummary
HORTA LANAKEN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €44k. Equity is growing by ~40.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-1
Solvency33▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.49 in 2024; short-term debt: 32.6% and cash: 6.6% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
7.5%
Return on assets
2.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4157 sector peers (2025).
NBB · sector comparisonPosition among 4157 sector peers
Solvency
better than 18%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
14 d early
2023
15 d early
2022
20 d early
2021
31 d early
2020
27 d late
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€44k▼ 27.5%
2024 · €61k
2018: €-150k
2019: €-74k
2020: €50k
2021: €132k
2022: €27k
2023: €33k
2024: €61k
2018 → 2025
Working capital
€319k▲ 1.6%
2024 · €314k
2018: €107k
2019: €75k
2020: €32k
2021: €79k
2022: €263k
2023: €208k
2024: €314k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-12k-€16k€49k▲ 210%€110k▲ 125%€154k▲ 40.3%
Operating result€195k-€89k▼ 54.5%€96k▲ 8.0%€139k▲ 45.2%€111k▼ 20.1%
Net result€132k-€27k▼ 79.2%€33k▲ 20.6%€61k▲ 84.4%€44k▼ 27.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.05M
Fixed assets
€1.06M ▼ 6.1%
Current assets
€987k ▲ 3.4%
Equity and liabilities €2.05M
Equity
€154k ▲ 40.3%
Debt
€1.90M ▼ 4.1%
Debt's share of the balance-sheet total falls from 94.7% to 92.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€191k▼
2024 · €218k
Cash flow
€124k▼
2024 · €140k
Current ratio
1.48▼
2024 · 1.49
Quick ratio
0.43▲
2024 · 0.39
Debt to equity
12.29▼
2024 · 17.97
ROE
28.7%▼
2024 · 55.5%
ROA
2.2%▼
2024 · 2.9%
Interest coverage
2.83▲
2024 · 2.80
Debt ≤ 1 year
€669k▲
2024 · €641k
Debt > 1 year
€1.22M▼
2024 · €1.33M
Income taxes
€351▼
2024 · €382
Staff costs
€430k▲
2024 · €386k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.09M€2.05M▼
Formation expenses20€0€0=
Fixed assets21/28€1.13M€1.06M▼
Tangible fixed assets22/27€1.13M€1.06M▼
Land and buildings22€1.07M€1.01M▼
Plant, machinery and equipment23€49k€45k▼
Furniture and vehicles24€16k€11k▼
Financial fixed assets28€125€125=
Current assets29/58€955k€987k▲
Stocks and contracts in progress3€707k€701k▼
Stocks30/36€707k€701k▼
Amounts receivable within one year40/41€127k€144k▲
Trade receivables40€66k€79k▲
Other amounts receivable41€61k€65k▲
Cash at bank and in hand54/58€115k€136k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.09M€2.05M▼
Equity10/15€110k€154k▲
Contributions10/11€740k€740k=
Capital10€740k€740k=
Issued capital100€740k€740k=
Profit (loss) carried forward14€-630k€-586k▲
Amounts payable17/49€1.98M€1.90M▼
Amounts payable after more than one year17€1.33M€1.22M▼
Financial debts170/4€1.33M€1.22M▼
Amounts payable within one year42/48€641k€669k▲
Current portion of amounts payable after more than one year42€111k€116k▲
Financial debts43€250k€250k=
Credit institutions430/8€250k€250k=
Trade debts44€172k€195k▲
Suppliers440/4€172k€195k▲
Taxes, remuneration and social security45€66k€68k▲
Taxes450/3€19k€19k▼
Remuneration and social security454/9€47k€49k▲
Other amounts payable47/48€42k€40k▼
Accrued charges and deferred income492/3€3k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€386k€430k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€80k▲
Other operating charges640/8€16k€20k▲
Gross operating margin9900€621k€641k▲
Operating profit (loss)9901€139k€111k▼
Financial income75/76B€224€793▲
Recurring financial income75€224€793▲
Financial charges65/66B€78k€67k▼
Recurring financial charges65€78k€67k▼
Profit (loss) for the period before taxes9903€61k€45k▼
Income taxes67/77€382€351▼
Profit (loss) for the period9904€61k€44k▼
Profit (loss) for the period to be appropriated9905€61k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-630k€-586k▲
Profit (loss) brought forward from the previous period14P€-691k€-630k▲
Social balance
Average headcount (FTE)90878.58.3▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €150kEq €154k ▲40.3%
6 profitable years in a row build equity to €154k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €110k ▲125%
5 profitable years in a row build equity to €110k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €132k ▲165%
Operating result €195k, net result €132k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Back to profitnet €50k
Net result €50k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Assesteenweg 1151740 TernatGround area
1.9 ha
Building footprint
8,051 m²
Volume, LiDAR
43,052 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Horta Lanaken
since 20122.210.856.464
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0382/00H000 | Flanders | 1.3 ha | 1 · 5,371 m² | 8.5 m · 2 fl. |
| 73042B0362/00R000 | Flanders | 5,627 m² | 1 · 2,680 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLanaken2.210.856.464
Similar companies · same sector, comparable size
DELLFLORA
BE 0787.757.190
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JURGEN LOMMENS
BE 0897.711.442
Wevelgem · Eq €154,210
BELFLEUR
BE 0445.403.016
Menen · Eq €153,661
Moerkant
BE 0821.441.233
Essen · Eq €153,393
IGODT
BE 0835.998.557
Ieper · Eq €156,149
Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 923 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
46216Wholesale of agricultural produce and animal feed, general range
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.