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Hortiplus

Active
Private limited companyfounded 20224 yrs activeZogge 21, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0790.119.636
Summary

Hortiplus has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4k) and a net result of €-6k. Its solvency ranks better than 7% of 1936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency1▲+1
Growth85
Track record94
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.81 in 2023; short-term debt: 123.2% and cash: 1.5% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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 2024
Solvency, return and age of the figures
Solvency
-23.6%
Return on assets
-39.6%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year €-4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
73 d late
2023
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, abbreviated schema

Turnover
€35k▲ 27.9%
2023 · €27k
EBIT margin
-17.8%▲ 0.9pp
2023 · -18.7%
Net result
€-6k▲ 35.4%
2023 · €-10k
Working capital
€-4k▼ 65.1%
2023 · €-3k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€27k-€35k▲ 27.9%
Operating result€-5k-€-6k▼ 22.1%
Net result€-10k-€-6k▲ 35.4%
EBIT margin-18.7%--17.8%▲ 0.9pp
Equity€-7k-€-4k▲ 47.9%
Total assets€12k-€16k▲ 25.7%
Debt€19k-€19k▼ 1.0%
Working capital€-3k-€-4k▼ 65.1%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-8k€-5k€-3k€0Operating result 2023: €-5k€-5kNet result 2023: €-10k€-10kOperating result 2024: €-6k€-6kNet result 2024: €-6k€-6k20232024€-10k€-7.5k€-5k€-2.5k€0Operating result 2023: €-5k€-5.1kNet result 2023: €-10k€-9.6kOperating result 2024: €-6k€-6.2kNet result 2024: €-6k€-6.2k20232024
The operating result stays negative: a loss of €6k in 2024 against €5k in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Solvency
-23.6%▲
2023 · -56.8%
Current ratio
0.78▼
2023 · 0.81
Debt to equity
-5.24▼
2023 · -2.76
ROA
-39.6%▲
2023 · -76.9%
Debt ≤ 1 year
€19k▲
2023 · €13k
Debt > 1 year
€51▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€12k€16k▲
Formation expenses20€2k€554▼
Current assets29/58€11k€15k▲
Stocks and contracts in progress3€887-
Stocks30/36€887-
Amounts receivable within one year40/41€8k€15k▲
Trade receivables40€8k€11k▲
Other amounts receivable41€293€4k▲
Cash at bank and in hand54/58€2k€235▼
Equity and liabilities
Total equity and liabilities10/49€12k€16k▲
Equity10/15€-7k€-4k▲
Contributions10/11€3k€2k▼
Profit (loss) carried forward14€-10k€-6k▲
Amounts payable17/49€19k€19k▼
Amounts payable after more than one year17€6k€51▼
Financial debts170/4€6k€51▼
Amounts payable within one year42/48€13k€19k▲
Trade debts44€13k€19k▲
Suppliers440/4€13k€19k▲
Income statement Code20232024
Turnover70€27k€35k▲
Other operating charges640/8€5k€6k▲
Operating profit (loss)9901€-5k€-6k▼
Financial charges65/66B€5k-
Recurring financial charges65€5k-
Profit (loss) for the period before taxes9903€-10k€-6k▲
Profit (loss) for the period9904€-10k€-6k▲
Profit (loss) for the period to be appropriated9905€-10k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-6k▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€27k€35k▲ 27.9%
Other operating charges640/8€5k€6k▲ 22.1%
Operating profit (loss)9901€-5k€-6k▼ 22.1%
Financial charges65/66B€5k--
Recurring financial charges65€5k--
Profit (loss) for the period before taxes9903€-10k€-6k▲ 35.4%
Profit (loss) for the period9904€-10k€-6k▲ 35.4%
Profit (loss) for the period to be appropriated9905€-10k€-6k▲ 35.4%
Line20232024Change
Assets
Total assets20/58€12k€16k▲ 25.7%
Formation expenses20€2k€554▼ 69.2%
Current assets29/58€11k€15k▲ 41.7%
Stocks and contracts in progress3€887--
Stocks30/36€887--
Amounts receivable within one year40/41€8k€15k▲ 85.0%
Trade receivables40€8k€11k▲ 41.9%
Other amounts receivable41€293€4k▲ 1,220%
Cash at bank and in hand54/58€2k€235▼ 86.4%
Equity and liabilities
Total equity and liabilities10/49€12k€16k▲ 25.7%
Equity10/15€-7k€-4k▲ 47.9%
Contributions10/11€3k€2k▼ 0.1%
Profit (loss) carried forward14€-10k€-6k▲ 35.4%
Amounts payable17/49€19k€19k▼ 1.0%
Amounts payable after more than one year17€6k€51▼ 99.2%
Financial debts170/4€6k€51▼ 99.2%
Amounts payable within one year42/48€13k€19k▲ 46.2%
Trade debts44€13k€19k▲ 46.2%
Suppliers440/4€13k€19k▲ 46.2%
Line20232024Change
Profit (loss) for the period9904€-10k€-6k▲ 35.4%
Operating cash flow (approximation)€-10k€-6k▲ 35.4%
Change in cash-€-1k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 73 days late
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hamme (Vl.) · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
619 m²
Building footprint
447 m²
Volume, LiDAR
2,047 m³
Parcel 42452C1071/00V000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
LNS Autobekleding
Zogge 21, 9220 Hamme (Vl.)Crop and animal production, hunting and related service activities
since 20222.334.525.526
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42452C1071/00V000 Flanders 619 m² 1 · 447 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 237 EUR awarded · 237 EUR paid
Year Entries awardedpaid
2024 1 237 EUR237 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 237 EUR · 237 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,262 companies in sector 71113 we hold annual accounts for 658. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71113Urban planning and landscape architecture
29320Manufacture of motor vehicles, trailers and semi-trailers
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
43350Other building finishing work
47761Retail sale of flowers, plants, seeds and fertilisers
81210General cleaning of buildings
81300Landscape service activities
82990Other business support services
91420Libraries, archives, museums and other cultural activities
95240Repair and maintenance of furniture and upholstery
95313Repair and fitting of specific motor vehicle parts

Scores and ratios are computed by Checked and are not a credit decision.