Financials
Financial year 2025
H O R I K from Houthulst, company number BE0423156758, closed financial year 2025 with a result of € -22,227 after tax. For that financial year H O R I K recorded a gross margin of € 37,317 and equity of € 398,785. Compared with financial year 2024, the result moved from € 19,199 to € -22,227. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 398,785
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,227
▼ still € 19,199 profit in 2024
Profit after tax over the fiscal year.
€ 44,878
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 378,785.
People and assets in 2025
€ 122,358
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 147,966
▲ 38% vs 2024
€ 45,347 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 67,445
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,427
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 90,580 | € 125,185 | € 76,081 | € 37,317 | ▼ 51% |
| Profit after taxes | € 20,404 | € 61,684 | € 19,199 | € -22,227 | ▼ € 41,425 |
| Equity | € 494,933 | € 496,638 | € 451,012 | € 398,785 | ▼ 12% |
| Total debts | € 270,571 | € 213,332 | € 249,507 | € 279,363 | ▲ 12% |
| Cash | € 84,910 | € 59,944 | € 36,288 | € 44,878 | ▲ 24% |
| Land & buildings | € 291,762 | € 277,304 | € 262,846 | € 248,388 | ▼ 6% |
| Retained profit | € 474,933 | € 476,638 | € 431,012 | € 378,785 | ▼ 12% |
| Dividend | € 54,447 | € 59,978 | € 64,825 | € 30,000 | ▼ 54% |
| Bank debt | € 168,805 | € 109,882 | € 107,019 | € 147,966 | ▲ 38% |
| Balance sheet total | € 765,504 | € 709,970 | € 700,519 | € 678,148 | ▼ 3% |
Key figures of H O R I K, 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 H O R I K?
What happened at H O R I K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,227 (▼ € 41,425 vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
- New establishment in Houthulst. KBO
In short
From € 20,404 profit in 2022 to € 22,227 loss in 2025.
Paid € 44,339 in corporate taxes since 2022.
Best year ever: 2023, with € 61,684 profit.
Paid out € 209,250 in dividends to the owners in total.
Management
Behind H O R I K are Brecht Hollevoet, Bart Hollevoet and Rik Joseph Hollevoet.
Directors
According to the 2025 annual accounts
Brecht Hollevoet
Associate
Bart Hollevoet
Associate
Rik Joseph Hollevoet
Director
Establishments
Establishment units
Physical locations of this company
Herderstasjesstraat 3
8650 Houthulst
Nijverheidsstraat 17
8650 Houthulst
Active since 1 January 1800
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.156.758
- VAT number
- BE 0423.156.758
- Registered office
- Herderstasjesstraat 3, 8650 Houthulst
- Names & denominations
- H O R I K
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1982
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Vervaardiging van ander schrijn- en timmerwerk
Dakwerkzaamheden
Vervaardiging van geassembleerde parketvloeren
Isolatiewerkzaamheden