HORUS+
The computed 12-month bankruptcy probability of HORUS+ is 2.8% (moderate). The 2024 annual accounts show negative equity (€-158k) and a net result of €-5k. Equity is shrinking by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 5597 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-158k |
| Net result | €-5k |
| Staff (FTE) | 4.4 |
| Better than sector | 12% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -73.4% | 19.3% | |
| Net result | €-5k | €4k | |
| Equity | €-158k | €14k | |
| Gross operating margin | €112k | €52k | |
| Staff costs | €88k | €50k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €13k |
| Net profit | €-5k |
| Cash flow | €11k |
| Staff costs | €88k |
| Income taxes | - |
| Dividends | - |
| Total assets | €216k |
| Equity | €-158k |
| Debt | €374k |
| of which ≤ 1y | €374k |
| of which > 1y | - |
| Working capital | €-236k |
| Employees (FTE) | 4.4 |
| 2024 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.37 |
| Working capital ratio | -109.6% |
| Solvency | -73.4% |
| Debt / equity | -2.36 |
| Long-term debt ratio | - |
| Interest coverage | 7.80 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.1% |
| ROE | 2.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €216k |
| Fixed assets | 21/28 | €78k |
| Tangible fixed assets | 22/27 | €76k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €138k |
| Amounts receivable within one year | 40/41 | €137k |
| Cash & bank | 54/58 | €817 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €216k |
| Equity | 10/15 | €-158k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-177k |
| Amounts payable | 17/49 | €374k |
| Amounts payable within one year | 42/48 | €374k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €112k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-5k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
-
Current22-03-2023 → present
2 events
- 22-03-2023 Mandate renewed· Director
- 28-10-2011 Resigned· Managing director
-
Current22-03-2023 → present
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2012
Former directors (1)
-
Former- → 28-06-2024
| NACE primary | Cafés(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 22-07-2008 |
| Status | Active |
| Postal code | 4000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0472/00W000 | Wallonia | 76 m² | 1 · 79 m² | 20.3 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-05-2026 General meeting · Officer resignation · Officer appointment · Act object
- Filing: 2026-04-17 · HORUS+
- General meeting: 2026-04-16 · HORUS+
- Officer resignation: role: administrateur, effective_date: 2025-12-31 · Marcantuoni Anna
- Officer appointment: role: administrateur, effective_date: 2026-01-01 · MORAY Tony
- Publication: 2026-05-06
- Act object: Démission et nomation d'un administrateur
Technical details
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}13-09-2024 Moray Tony Alain resigns as director
- Moray Tony Alain, Bestuurder
Technical details
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}22-03-2023 2 reappointed
- Anna MARCANTUONI, Bestuurder
- Tony MORAY, Bestuurder
Technical details
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}09-02-2022 Registered office moved from Liège to LIEGE
- rue des Guillemins 83, 4000 Liège → Avenue Blonden 4, 4000 LIEGE
Technical details
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}06-12-2018 Registered office moved from Strivay to Liège
- Rue de l' Aubépine 3, 4122 Strivay → Av Blonden 4, 4000 Liège
Technical details
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}25-07-2017 Registered office moved from Montrgnée to Strivay
- Chausée Roosevelt 129, 4420 Montrgnée → Rue de l'Aubépine 3, 4122 Strivay
Technical details
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}18-01-2012 1 director appointed, 1 resigning
- STRANIERI Elisabetha, Gedelegeerd bestuurder
- Marcantuoni Anna, Gedelegeerd bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | HORUS+ |