Active · per the CBE, 16 September 2026
HOREST logo

HOREST

BE0422758365

Rechtspersoon Public limited company 1 establishment

HOREST is a hotel in Tongeren-Borgloon. Public Limited, started on 27 April 1982, 1 establishment.

Veemarkt 2, 3700 Tongeren-Borgloon ambiotel.be

Behind the company: Carine Knaepen, EQUITATUS K. BV.

Active for

44 year, 4 months

Financials

Financial year 2025

HOREST from Tongeren-Borgloon, company number BE0422758365, closed financial year 2025 with a result of € 104,290 after tax. For that financial year HOREST recorded a gross margin of € 912,799 and equity of € 903,975. Compared with financial year 2024, the result moved from € 86,952 to € 104,290. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Growing

€ 903,975

▲ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 104,290

▲ 20% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 61,872

▲ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -293,936.

People and assets in 2025

Full-time equivalents

16

▼ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 659,638

▼ 2% vs 2024

€ 41,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 11,469

▼ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 18 years to go

€ 1.3 million

€ 73,799 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 52,992

▼ 18% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 79,185

▼ 37% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 1,300,090 € 1,403,333 € 1,597,632 -
Gross margin € 601,040 € 715,963 € 882,771 € 912,799 ▲ 3%
Profit after taxes € -62,809 € 1,981 € 86,952 € 104,290 ▲ 20%
Equity € 710,751 € 712,733 € 799,684 € 903,975 ▲ 13%
Total debts € 1,653,433 € 1,698,616 € 1,513,939 € 1,430,294 ▼ 6%
Cash € 37,608 € 46,729 € 59,802 € 61,872 ▲ 3%
Land & buildings € 1,317,841 € 1,320,226 € 1,287,961 € 1,257,317 ▼ 2%
Retained profit € -487,159 € -485,178 € -398,226 € -293,936 ▲ € 104,290
Bank debt € 1,260,537 € 1,368,870 € 1,301,089 € 1,296,483
Balance sheet total € 2,364,184 € 2,411,349 € 2,313,623 € 2,334,268 ▲ 1%
Employees (FTE) 15.6 15.7 17 16 ▼ 1

Key figures of HOREST, 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 HOREST?

What happened at HOREST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 104,290 (▲ 20% vs 2024). filed late Source: NBB ↗
  • Carine Knaepen became a director. NBB
  • EQUITATUS K. BV became a director. NBB
  • New establishment in Tongeren-Borgloon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 62,809 loss in 2022 to € 104,290 profit in 2025.

Best year ever: 2025, with € 104,290 profit.

On average € 57,000 of value added per employee in 2025.

Management

The stake of EQUITATUS K. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HOREST
Immagri K 100%

Behind HOREST are Carine Knaepen and EQUITATUS K. BV. The shares are held by EQUITATUS K. (100%). It owns 100% of Immagri K itself.

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Directors

According to the 2025 annual accounts

Carine Knaepen

Director

Also active at: IMMAGRI K

since 2016

EQUITATUS K. BV

Director · represented by Sigurd Knaepen

Also active at: IMMAGRI K

since 2016

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Veemarkt 2

3700 Tongeren-Borgloon

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Advanced Custom FieldsGoogle App EngineLodashPWAReactWixlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

GOOGLE-CLOUD-PLATFORM - Google LLC, US

Website info

HTTPS Ja
Languages DE, EN, FR, NL
Copyright 2023

Features

Webshop

Security

HTTPS
SPF
DMARC

Details

Company number
0422.758.365
VAT number
BE 0422.758.365
Registered office
Veemarkt 2, 3700 Tongeren-Borgloon
Names & denominations
HOREST
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
27 April 1982
Peppol
Active · Active since 4 Dec 2025
Contact
ambiotel.be
Activities · NACE

Hotels en dergelijke accommodatie

Hotels en motels, met restaurant

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does HOREST do?
HOREST is a hotel in Tongeren-Borgloon. Public Limited, started on 27 April 1982, 1 establishment.
What is the address of HOREST?
The registered office of HOREST is located at Veemarkt 2, 3700 Tongeren-Borgloon.
Is HOREST still active?
Yes. According to the CBE (16 September 2026) HOREST is active, legal situation “Normale toestand”, started on 27 April 1982.
Is HOREST registered on Peppol?
Yes, HOREST is registered on the Peppol network with ID 0208:0422758365.
What is the enterprise number of HOREST?
The enterprise number of HOREST is BE0422758365.
When was HOREST founded?
HOREST was founded on 27 April 1982.