Equity
-€24,753
Debts exceed assets in financial year 2025.
HORUBA
Lifetime
2 annual accounts with figures on one time axispeak €36,263 (2025)
€36,263▲ 579%
lowest -€58,611 (2024)
-€6,141▲ €52,470
peak -€18,611 (2024)
-€24,753▼ €6,141
€625,992▲ 2.0%
Board1 name since 2024
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €5,338 to €36,263Loss of €6,141Equity from -€18,611 to -€24,753
Key points
from the 2025 annual accountsResult
-€6,141 ▲ 89.5%
The result rose in 2025 from -€58,611 to -€6,141.
Debts
€625,992 104% of the balance sheet
Financial debts 62%Suppliers 1%Taxes and wages 0%Other 37%
Of this, €31,078 falls due within a year.
Investments
€42,279 1.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.44 was 0.87 in 2024
Short-term debts rose from €28,411 to €31,078.
Position in the sector
-€24,753
Less equity than 95% of companies in head offices and management consultancy. Sector median €79,315 · 41,250 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as HORUBA has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,250 companies, not a prediction for HORUBA. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009912926
Incorporation
Founding capital of €40,000, 120 shares · Founder: · Appointment: (director) · published on 04-06-2024 · Gazette deed
First establishment
Meusegemstraat 44, Meise
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HORUBA Meise | €601,240 | €36,263 | -4.1% | - |
| NORABO Bilzen-Hoeselt | €617,464 | €37,401 | 0.2% | - |
| ELMARA Antwerp | €576,872 | €41,201 | 14.3% | - |
| NDINVEST Liège | €639,183 | €42,436 | 10.2% | - |
| COTEN Seraing | €644,969 | €37,422 | 3.8% | - |
| LISAL IMMO Wavre | €611,874 | €30,925 | 40.9% | - |
| GOURMET HOLDING FAMILY Bouillon | €524,470 | €31,231 | 5.2% | - |
These companies have the same main activity as HORUBA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €524,000 and €645,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 31-05-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.360.563.6901861 Meise, since 31-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- ≈ €110,000estimated
- €601,240▲ 1.0%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on HORUBA
HORUBA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,753) and a net result of -€6,141.
Its solvency ranks better than 9% of 41,211 sector peers (NACE 70, financial year 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 HORUBA
- What is the company number of HORUBA?
- The company number of HORUBA is 1009.912.926. The VAT number is the same number with BE in front: BE 1009.912.926.
- Where is HORUBA based?
- The registered office is at Meusegemstraat 44, 1861 Meise.Company details
- What does HORUBA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of HORUBA?
- HORUBA is a private limited company (BV).
- When was HORUBA founded?
- HORUBA was founded on 31-05-2024.
- Is HORUBA still active?
- Yes, HORUBA is an active enterprise in the KBO register.
- What is the turnover of HORUBA?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €36,263 and 144 comparable companies (NACE 70200). It probably lies between €63,000 and €150,000.Financials
- Is HORUBA profitable?
- In financial year 2025, HORUBA made a loss of €6,141.
- Where can I find the annual accounts of HORUBA?
- HORUBA filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HORUBA due?
- HORUBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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