What does HORLOTEC do?

HORLOTEC is a jeweller in Courcelles. Private Limited, started on 7 December 1988, 1 establishment.

What is the address of HORLOTEC?

The registered office of HORLOTEC is located at Rue du Général de Gaulle(CO) 192, 6180 Courcelles.

Is HORLOTEC still active?

Yes. According to the CBE (30 October 2026) HORLOTEC is active, legal situation “Normale toestand”, started on 7 December 1988.

Is HORLOTEC registered on Peppol?

Yes, HORLOTEC is registered on the Peppol network with ID 0208:0435962342.

What is the enterprise number of HORLOTEC?

The enterprise number of HORLOTEC is BE0435962342.

When was HORLOTEC founded?

HORLOTEC was founded on 7 December 1988.

Is HORLOTEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 December 1988; 4 annual accounts filed, latest fiscal year 2025.

How much profit did HORLOTEC make in 2025?

HORLOTEC recorded a loss after taxes of € 8,714 in financial year 2025.

What is the revenue of HORLOTEC?

As a small company, HORLOTEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,344.

HORLOTEC (Private Limited) - Courcelles - BE0435962342

Dossier HORLOTEC, printed on 30 October 2026 from databakkes.be/en/0435962342/horlotec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

HORLOTEC from Courcelles, company number BE0435962342, closed financial year 2025 with a result of € -8,714 after tax. For that financial year HORLOTEC recorded a gross margin of € -8,344 and equity of € -4,253. Compared with financial year 2024, the result moved from € -11,648 to € -8,714. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.

What it is worth Caution

€ -4,253

▼ € 8,714 vs 2024

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

Loss Caution

€ -8,714

▲ 25 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,420

▼ 8% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -24,233.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 203

▼ 10% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 8,561 Gross margin 2022: € 8,561 First fiscal year in the series	€ 3,167 Gross margin 2023: € 3,167 ▼ 63% vs 2022 (€ 8,561) Unfavourable step	€ -10,078 Gross margin 2024: € -10,078 ▼ € 13,245 vs 2023 (€ 3,167) Unfavourable step	€ -8,344 Gross margin 2025: € -8,344 ▲ € 1,734 vs 2024 (€ -10,078) Favourable step	▲ € 1,734
Profit after taxes	€ 5,799 Profit after taxes 2022: € 5,799 First fiscal year in the series	€ -18,340 Profit after taxes 2023: € -18,340 ▼ € 24,139 vs 2022 (€ 5,799) Unfavourable step	€ -11,648 Profit after taxes 2024: € -11,648 ▲ € 6,692 vs 2023 (€ -18,340) Favourable step	€ -8,714 Profit after taxes 2025: € -8,714 ▲ € 2,934 vs 2024 (€ -11,648) Favourable step	▲ € 2,934
Equity	€ 34,449 Equity 2022: € 34,449 First fiscal year in the series	€ 16,110 Equity 2023: € 16,110 ▼ 53% vs 2022 (€ 34,449) Unfavourable step	€ 4,461 Equity 2024: € 4,461 ▼ 72% vs 2023 (€ 16,110) Unfavourable step	€ -4,253 Equity 2025: € -4,253 ▼ € 8,714 vs 2024 (€ 4,461) Unfavourable step	▼ € 8,714
Total debts	€ 299 Total debts 2022: € 299 First fiscal year in the series	€ 0 Total debts 2023: € 0 ▼ 100% vs 2022 (€ 299) Favourable step	€ 14,467 Total debts 2024: € 14,467 Unchanged (€ 0) Unfavourable step	€ 19,786 Total debts 2025: € 19,786 ▲ 37% vs 2024 (€ 14,467) Unfavourable step	▲ 37%
Cash	€ 29,770 Cash 2022: € 29,770 First fiscal year in the series	€ 11,068 Cash 2023: € 11,068 ▼ 63% vs 2022 (€ 29,770) Unfavourable step	€ 13,475 Cash 2024: € 13,475 ▲ 22% vs 2023 (€ 11,068) Favourable step	€ 12,420 Cash 2025: € 12,420 ▼ 8% vs 2024 (€ 13,475) Unfavourable step	▼ 8%
Retained profit	€ 14,469 Retained profit 2022: € 14,469 First fiscal year in the series	€ -3,871 Retained profit 2023: € -3,871 ▼ € 18,340 vs 2022 (€ 14,469) Unfavourable step	€ -15,519 Retained profit 2024: € -15,519 ▼ € 11,648 vs 2023 (€ -3,871) Unfavourable step	€ -24,233 Retained profit 2025: € -24,233 ▼ € 8,714 vs 2024 (€ -15,519) Unfavourable step	▼ € 8,714
Balance sheet total	€ 34,748 Balance sheet total 2022: € 34,748 First fiscal year in the series	€ 16,110 Balance sheet total 2023: € 16,110 ▼ 54% vs 2022 (€ 34,748) Unchanged	€ 18,928 Balance sheet total 2024: € 18,928 ▲ 17% vs 2023 (€ 16,110) Unchanged	€ 15,533 Balance sheet total 2025: € 15,533 ▼ 18% vs 2024 (€ 18,928) Unchanged	▼ 18%

Key figures of HORLOTEC, 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 HORLOTEC?

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

Feb 5, 2026 New annual accounts for financial year 2025: loss of € 8,714. Source: NBB ↗
Dec 8, 1988 New establishment in Courcelles. KBO
Dec 7, 1988 Start of the company according to the CBE. KBO

In short

From € 5,799 profit in 2022 to € 8,714 loss in 2025.

Best year ever: 2022, with € 5,799 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Général de Gaulle(CO) 192

6180 Courcelles

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

Details

Company number

0435.962.342

VAT number

BE 0435.962.342

Registered office

Rue du Général de Gaulle(CO) 192, 6180 Courcelles

Names & denominations

HORLOTEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 December 1988

Peppol

Active · Active since 10 Jan 2025

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗