L'HORLOGE

Active

Private limited companyfounded 1998active for 28 yearsWaterlose Steenweg 51, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0462.695.146

From the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

L'HORLOGE has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €774,711 and a net result of €31,392. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow Report Compare

L'HORLOGEActiveChecked score 68/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 18-02-1998 Normal situation
Legal form: Private limited company
Registered office: Waterlose Steenweg 51, 1060 Sint-Gillis (bij-Brussel)
Activity: No activity registered in the KBO
Establishment unit: 2.330.917.621 1030 Schaarbeek, since 01-07-2020
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Who decides

Board

SHARMA NÉE ARIAN Anjali DeviDirector
SHARMA Pardip KumarDirector

Shareholders

SHARMA INVEST & CONSTRUCT75%annual accounts 2024

Board & ownership

How it is doing

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.9%

Annual accounts 2025

Gross margin: €112,989; ▲ 10.7%
Turnover: ≈ €290,000; estimated
Profit: €31,392; ▼ 5.2%
Equity: €774,711; ▲ 428%
Total assets: €1.2m; ▲ 62.0%

2025 accounts filed 31 days late

Filed on 31-08-2026at the National Bank

Financials

Why 68raises riskLiquidity: current ratio 0.28, cash €2Last filed accounts filed 31 days late; 2 of the last 3 latelowers riskSize: total assets €1.2mFounded in 1998Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 53% of its sector peers (no NACE code, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 89+44

equity 64.3% of total assets

Liquidity 45-46

short-term debt 18.5% · cash 0.0%

Profitability 46-16

return on assets 2.6%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.9%highest value 12-2024: 2.8%▼ -3.1 percentage points vs 11-2024 01-2025: 3.0%▲ +0.2 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 2.9%▼ -0.1 percentage points vs 03-2025 05-2025: 3.3%▲ +0.4 percentage points vs 04-2025 06-2025: 3.6%▲ +0.3 percentage points vs 05-2025 07-2025: 3.7%▲ +0.1 percentage points vs 06-2025 08-2025: 4.5%▲ +0.8 percentage points vs 07-2025 09-2025: 5.4%▲ +0.9 percentage points vs 08-2025 10-2025: 2.8%▼ -2.6 percentage points vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 3.0%▲ +0.2 percentage points vs 12-2025 02-2026: 1.4%▼ -1.6 percentage points vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.2%▼ -0.2 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.2 percentage points vs 06-2026 08-2026: 1.8%▲ +0.8 percentage points vs 07-2026 09-2026: 0.9%▼ -0.9 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.28, compared with 1.39 in 2024, below 1; short-term debt: 18.5% and cash: 0% of total assets), and 35.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 54% on solvency, 27% on liquidity, 34% on profitability and 98% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Liquidity: current ratio 0.28, cash €2

NBB · annual accounts

Size: total assets €1.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Founded in 1998

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 9 filings

Deviation from the deadline

2025

31 days late

2024

29 days late

2023

30 days late

2022

60 days late

2021

87 days late

2020

47 days late

2019

2 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 40 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Equity rose in 2025from €146,661 to €774,711 ▲ 428% View
Controlled by SHARMA INVEST & CONSTRUCT 75% View

Documents

Key facts about L'HORLOGE

What is the company number of L'HORLOGE?: 0462.695.146. In Belgium the VAT number is the company number with BE in front: BE 0462.695.146.
Where is L'HORLOGE based?: The registered office is at Waterlose Steenweg 51, 1060 Sint-Gillis (bij-Brussel).Company details
What is the legal form of L'HORLOGE?: Private limited company (BV).
When was L'HORLOGE founded?: On 18-02-1998.
Is L'HORLOGE still active?: Yes, L'HORLOGE is an active enterprise in the KBO register.
How many employees does L'HORLOGE have?: On average 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of L'HORLOGE?: ≈ €290,000 in financial year 2025. Estimated from the gross margin of €112,989: probably between €180,000 and €540,000, based on 1,644 comparable companies of the same size. A rough estimate.
Is L'HORLOGE profitable?: In financial year 2025, L'HORLOGE made a profit of €31,392.
Where can I find the annual accounts of L'HORLOGE?: L'HORLOGE filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of L'HORLOGE due?: By 31-07-2027, for financial year 2026.Timeline