Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hoornaert Invest from Kortrijk, company number BE0405980830, closed financial year 2025 with a result of € 127,118 after tax. For that financial year Hoornaert Invest recorded a gross margin of € 227,044 and equity of € 454,447. Compared with financial year 2024, the result moved from € 45,071 to € 127,118. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 454,447
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 127,118
▲ 182% vs 2024
Profit after tax over the fiscal year.
€ 2,652
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -221,612.
Debts at end 2025
€ 794,964
▼ 35% vs 2024
€ 224,178 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 31,319
▲ € 26,748 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 148,998 | € 197,714 | € 171,861 | € 227,044 | ▲ 32% |
| Profit after taxes | € 65,061 | € 36,511 | € 45,071 | € 127,118 | ▲ 182% |
| Equity | € 245,747 | € 282,258 | € 327,329 | € 454,447 | ▲ 39% |
| Total debts | € 1,453,794 | € 2,003,435 | € 1,851,531 | € 1,333,705 | ▼ 28% |
| Cash | € 9,808 | € 1,824 | € 10,172 | € 2,652 | ▼ 74% |
| Land & buildings | € 1,632,817 | € 2,189,694 | € 2,148,361 | € 1,760,058 | ▼ 18% |
| Retained profit | € -430,312 | € -393,801 | € -348,731 | € -221,612 | ▲ € 127,118 |
| Bank debt | € 894,205 | € 1,290,871 | € 1,230,076 | € 794,964 | ▼ 35% |
| Balance sheet total | € 1,699,541 | € 2,285,693 | € 2,178,860 | € 1,788,152 | ▼ 18% |
Key figures of Hoornaert Invest, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Hoornaert Invest?
What happened at Hoornaert Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 127,118 (▲ 182% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,061 profit in 2022 to € 127,118 profit in 2025.
Best year ever: 2025, with € 127,118 profit.
Management
Behind Hoornaert Invest are CHANTAL DEMEULENAERE and JOHN HOORNAERT. The same people are also behind HOORNAERT BROOD EN BANKET.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Doenaertstraat(Mar) 10
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0405.980.830
- VAT number
- BE 0405.980.830
- Registered office
- Doenaertstraat(Mar) 10, 8510 Kortrijk
- Names & denominations
- Hoornaert Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 1967
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- bakkerijhoornaert.be
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
Industriële bakkerijen
Groothandel in suiker, chocolade en suikerwerk
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Vervaardiging van cacao, chocolade en suikerwerk
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis