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VAN HOORDE

Active
Private limited companyfounded 2008active for 17 yearsKouter 7-A, 9000 Gent, BelgiumKBO/BCE: BE 0807.741.665

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 20-04-2026 PDF all 16 filings

Amounts without an identifiable currency are taken as euros.

Equity
-€983,653▼ 22.1%
2024 · -€805,315
Net result
-€178,338▲ 20.2%
2024 · -€223,592
Total assets
€4.6m▼ 2.8%
2024 · €4.7m
Solvency
-21.5%▼ 4.4pp
2024 · -17.1%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a loss of €173,160, smaller than the loss of €217,469 in 2024.

Operating result-€0.2m 2025 Net result-€0.2m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.5m--€0.6m▼ 4.0%-€0.7m▼ 21.8%-€0.5m▲ 30.1%-€0.3m▲ 28.1%-€0.2m▲ 35.8%-€0.2m▲ 20.4%
Net result-€0.6m--€0.6mbelow the sector's middle half▼ 3.7%-€0.7mbelow the sector's middle half▼ 20.6%-€0.5mbelow the sector's middle half▲ 31.4%-€0.3mbelow the sector's middle half▲ 27.9%-€0.2mbelow the sector's middle half▲ 35.2%-€0.2mbelow the sector's middle half▲ 20.2%
Equity€1.5m-€0.9mabove the sector's middle half▼ 38.1%€0.2mwithin the sector's middle half▼ 74.2%-€0.2mbelow the sector's middle half-€0.6mbelow the sector's middle half▼ 146%-€0.8mbelow the sector's middle half▼ 38.4%-€1.0mbelow the sector's middle half▼ 22.1%
Total assets€8.4m-€8.2mabove the sector's middle half▼ 1.9%€6.6mabove the sector's middle half▼ 20.0%€5.3mabove the sector's middle half▼ 19.8%€4.9mabove the sector's middle half▼ 7.3%€4.7mabove the sector's middle half▼ 3.5%€4.6mabove the sector's middle half▼ 2.8%
Debt€6.9m-€7.3m▲ 6.1%€6.3m▼ 13.0%€5.5m▼ 13.0%€5.5m▼ 0.7%€5.5m▲ 0.9%€5.6m▲ 0.8%
Working capital-€6.0m--€6.5mbelow the sector's middle half▼ 8.9%-€5.4mbelow the sector's middle half▲ 16.3%-€5.0mbelow the sector's middle half▲ 9.1%-€5.2mbelow the sector's middle half▼ 4.2%-€5.4mbelow the sector's middle half▼ 3.9%-€5.4mbelow the sector's middle half▼ 1.3%
Solvency18.1%-11.4%below the sector's middle half▼ 6.7pp3.7%below the sector's middle half▼ 7.8pp-4.5%below the sector's middle half▼ 8.2pp-11.9%below the sector's middle half▼ 7.4pp-17.1%below the sector's middle half▼ 5.2pp-21.5%below the sector's middle half▼ 4.4pp
Current ratio0.01-0.00below the sector's middle half=0.14below the sector's middle half▲ 0.140.10below the sector's middle half▼ 0.040.06below the sector's middle half▼ 0.040.03below the sector's middle half▼ 0.030.02below the sector's middle half=
Return on assets (ROA)-6.7%--7.0%below the sector's middle half▼ 0.4pp-10.6%below the sector's middle half▼ 3.6pp-9.1%below the sector's middle half▲ 1.5pp-7.1%below the sector's middle half▲ 2.0pp-4.7%below the sector's middle half▲ 2.3pp-3.9%below the sector's middle half▲ 0.9pp
Staff (FTE)1.6-1.6within the sector's middle half=0.6▼ 62.5%0.2▼ 66.7%
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets €4.5m ▼ 2.3%
Current assets €131,111 ▼ 16.5%
Equity and liabilities
Equity-€983,653
Debt€5.6m
Equity is negative. Debt (€5.6m) exceeds the balance-sheet total (€4.6m).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€5.6m▲
2024 · €5.5m
Income taxes
€856▼
2024 · €1,565
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as VAN HOORDE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.8m and €4.8m, founded between 2006 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
VAN HOORDE Gent2008€4.6m-€1.0m-€0.04m-€0.2m-2025
V13 Gent2006€4.4m€4.4m-€0.03m-€0.01m-2025
VERBERCKMOES OLIVIER Stekene2009€4.1m€4.0m-€0.03m-€0.05m-2025
Maric & Co Deinze2008€3.8m€3.7m-€0.02m-€0.02m-2025
CONSTANTIA HOLDING Merelbeke-Melle2006€3.9m€2.9m-€0.007m-€0.05m-2025
Bevax Tielt2010€4.8m€2.4m-€0.2m-€0.4m-2025
BAUVIR & CO Bastogne2009€4.0m€2.8m-€0.09m€0.3m02025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 (PDF), filed on 20-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€4.7m€4.6m▼
Fixed assets21/28€4.6m€4.5m▼
Tangible fixed assets22/27€2.6m€2.4m▼
Land and buildings22€2.5m€2.4m▼
Plant, machinery and equipment23€0.03m€0.02m▼
Furniture and vehicles24€0.05m€0.03m▼
Financial fixed assets28€2.0m€2.0m=
Current assets29/58€0.2m€0.1m▼
Amounts receivable within one year40/41€0.08m€0.03m▼
Trade receivables40€0.07m€0.01m▼
Other amounts receivable41€0.01m€0.02m▲
Cash at bank and in hand54/58€0.05m€0.08m▲
Deferred charges and accrued income490/1€0.02m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.6m▼
Equity10/15-€0.8m-€1.0m▼
Contributions10/11€3.0m€3.0m=
Profit (loss) carried forward14-€3.8m-€4.0m▼
Amounts payable17/49€5.5m€5.6m▲
Amounts payable within one year42/48€5.5m€5.6m▲
Trade debts44€0.08m€0.05m▼
Suppliers440/4€0.08m€0.05m▼
Taxes, remuneration and social security45€0.003m-
Taxes450/3€0.003m-
Other amounts payable47/48€5.4m€5.5m▲
Accrued charges and deferred income492/3€0.002m€0.003m▲
Income statement Code20242025
Non-recurring operating income76A€0.002m€0.06m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Other operating charges640/8€0.01m€0.008m▼
Gross operating margin9900-€0.09m-€0.04m▲
Operating profit (loss)9901-€0.2m-€0.2m▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€0.005m€0.004m▼
Recurring financial charges65€0.005m€0.004m▼
Profit (loss) for the period before taxes9903-€0.2m-€0.2m▲
Income taxes67/77€0.002m€0.001m▼
Profit (loss) for the period9904-€0.2m-€0.2m▲
Profit (loss) for the period to be appropriated9905-€0.2m-€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3.8m-€4.0m▼
Profit (loss) brought forward from the previous period14P-€3.6m-€3.8m▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A----€2,433€1,853€59,117▲ 32×
Remuneration, social security and pensions62---€19,660----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371,538€375,252€218,212€197,669€202,434€121,437€120,422▼ 0.8%
Other operating charges640/8---€26,833€13,486€10,689€8,335▼ 22.0%
Non-recurring operating charges66A---€6,022----
Gross operating margin9900-€72,603-€83,546-€119,750-€220,899-€122,861-€85,344-€44,403▲ 48.0%
Operating profit (loss)9901-€532,301-€553,462-€673,975-€471,083-€338,782-€217,469-€173,160▲ 20.4%
Financial income75/76B---€934€1€0€0▼ 14.3%
Recurring financial income75€3,681€0€0€934€1€0€0▼ 14.3%
Financial charges65/66B---€7,042€4,863€4,558€4,322▼ 5.2%
Recurring financial charges65€27,778€23,797€21,918€7,042€4,863€4,558€4,322▼ 5.2%
Profit (loss) for the period before taxes9903-€556,398-€577,259-€695,892-€477,191-€343,643-€222,027-€177,482▲ 20.1%
Income taxes67/77€2,042€1,664€2,204€1,783€1,565€1,565€856▼ 45.3%
Profit (loss) for the period9904-€558,440-€578,923-€698,096-€478,974-€345,208-€223,592-€178,338▲ 20.2%
Profit (loss) for the period to be appropriated9905-€558,440-€578,923-€698,096-€478,974-€345,208-€223,592-€178,338▲ 20.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€8.4m€8.2m€6.6m€5.3m€4.9m€4.7m€4.6m▼ 2.8%
Formation expenses20€0€0€0-----
Fixed assets21/28€8.3m€8.2m€5.7m€4.7m€4.6m€4.6m€4.5m▼ 2.3%
Intangible fixed assets21€0€0€0-----
Tangible fixed assets22/27€8.3m€8.2m€5.7m€4.7m€4.6m€2.6m€2.4m▼ 4.2%
Land and buildings22---€4.6m€4.5m€2.5m€2.4m▼ 3.2%
Plant, machinery and equipment23---€0.03m€0.02m€0.03m€0.02m▼ 36.5%
Furniture and vehicles24---€0.04m€0.04m€0.05m€0.03m▼ 34.7%
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m€2.0m€2.0m=
Current assets29/58€0.03m€0.03m€0.9m€0.6m€0.3m€0.2m€0.1m▼ 16.5%
Stocks and contracts in progress3€0€0€0-----
Amounts receivable within one year40/41€0.01m€0.002m€0.009m€0.1m€0.1m€0.08m€0.03m▼ 66.8%
Trade receivables40---€0.07m€0.09m€0.07m€0.01m▼ 86.3%
Other amounts receivable41---€0.02m€0.01m€0.01m€0.02m▲ 67.6%
Current investments50/53€0€0€0-----
Cash at bank and in hand54/58€0.007m€0.01m€0.9m€0.4m€0.2m€0.05m€0.08m▲ 52.8%
Deferred charges and accrued income490/1---€0.01m€0.02m€0.02m€0.02m▲ 10.3%
Equity and liabilities
Total equity and liabilities10/49€8.4m€8.2m€6.6m€5.3m€4.9m€4.7m€4.6m▼ 2.8%
Equity10/15€1.5m€0.9m€0.2m-€0.2m-€0.6m-€0.8m-€1.0m▼ 22.1%
Contributions10/11€3.0m--€3.0m€3.0m€3.0m€3.0m=
Profit (loss) carried forward14-€1.5m-€2.1m-€2.8m-€3.3m-€3.6m-€3.8m-€4.0m▼ 4.7%
Amounts payable17/49€6.9m€7.3m€6.3m€5.5m€5.5m€5.5m€5.6m▲ 0.8%
Amounts payable after more than one year17€0.9m€0.7m------
Amounts payable within one year42/48€6.0m€6.5m€6.3m€5.5m€5.5m€5.5m€5.6m▲ 0.8%
Trade debts44€0.06m€0.1m€0.06m€0.1m€0.07m€0.08m€0.05m▼ 34.7%
Suppliers440/4---€0.1m€0.07m€0.08m€0.05m▼ 34.7%
Advances received on contracts in progress46----€0.03m---
Taxes, remuneration and social security45----€0.004m€0.003m--
Taxes450/3----€0.004m€0.003m--
Other amounts payable47/48---€5.4m€5.4m€5.4m€5.5m▲ 1.4%
Accrued charges and deferred income492/3---€0.001m-€0.002m€0.003m▲ 19.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€0.6m-€0.6m-€0.7m-€0.5m-€0.3m-€0.2m-€0.2m▲ 20.2%
+ Depreciation and write-downs630€0.4m€0.4m€0.2m€0.2m€0.2m€0.1m€0.1m▼ 0.8%
Operating cash flow (approximation)-€0.2m-€0.2m-€0.5m-€0.3m-€0.1m-€0.1m-€0.06m▲ 43.3%
Investment in fixed assets (approximation)--€0.2m€2.3m€0.8m-€0.06m-€0.1m-€0.01m▲ 86.4%
Change in cash-€0.002m€0.9m-€0.4m-€0.3m-€0.1m€0.03m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 20-04-2026 2026-00082592 PDF
30-09-2024 abbreviated format 29-04-2025 2025-00079861 PDF
30-09-2023 micro format 16-04-2024 2024-00063253 PDF
30-09-2022 micro format 25-04-2023 2023-00065855 PDF
30-09-2021 micro format 28-03-2022 2022-08600486 PDF
30-09-2020 micro format 22-04-2021 2021-10800465 PDF
30-09-2019 micro format 29-04-2020 2020-10100438 PDF
30-09-2018 micro format 12-04-2019 2019-09800176 PDF
30-09-2017 micro format 23-04-2018 2018-10200503 PDF
30-09-2016 abbreviated format 25-04-2017 2017-09800146 PDF

Show all 16 filings

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