What does HORTICOTRADE do?

HORTICOTRADE is a farm in Putte. Public Limited, started on 12 June 1992, 1 establishment.

What is the address of HORTICOTRADE?

The registered office of HORTICOTRADE is located at Hulzen 1 box A, 2580 Putte.

Is HORTICOTRADE still active?

Yes. According to the CBE (29 October 2026) HORTICOTRADE is active, legal situation “Normale toestand”, started on 12 June 1992.

Is HORTICOTRADE registered on Peppol?

Yes, HORTICOTRADE is registered on the Peppol network with ID 0208:0447585021.

What is the enterprise number of HORTICOTRADE?

The enterprise number of HORTICOTRADE is BE0447585021.

When was HORTICOTRADE founded?

HORTICOTRADE was founded on 12 June 1992.

Who are the directors of HORTICOTRADE?

According to the 2025 annual accounts, the directors of HORTICOTRADE are: Olivier Deforche, Frans Deforche.

Is HORTICOTRADE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 June 1992; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HORTICOTRADE make in 2025?

HORTICOTRADE posted a profit after taxes of € 18,144 in financial year 2025.

What is the revenue of HORTICOTRADE?

As a small company, HORTICOTRADE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 315,745.

HORTICOTRADE (Public Limited) - Putte - BE0447585021

Dossier HORTICOTRADE, printed on 29 October 2026 from databakkes.be/en/0447585021/horticotrade. 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.

Tight liquidity NBB

Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

HORTICOTRADE from Putte, company number BE0447585021, closed financial year 2025 with a result of € 18,144 after tax. For that financial year HORTICOTRADE recorded a gross margin of € 315,745 and equity of € 921,462. Compared with financial year 2024, the result moved from € -6,720 to € 18,144. 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 February 27, 2026.

What it is worth Growing

€ 921,462

▲ 2% vs 2024

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

Profit Growing

€ 18,144

▲ still € 6,720 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 60,407

▲ 2% 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 € 859,462.

People and assets in 2025

Wage cost

€ 45,240

▲ 9% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 14 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.5 million

▼ 6% vs 2024

€ 106,704 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 270,023

▲ 24% vs 2024

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

Taxes and wages

€ 82,008

▲ 67% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 120,010 Gross margin 2022: € 120,010 First fiscal year in the series	€ 150,506 Gross margin 2023: € 150,506 ▲ 25% vs 2022 (€ 120,010) Favourable step	€ 206,633 Gross margin 2024: € 206,633 ▲ 37% vs 2023 (€ 150,506) Favourable step	€ 315,745 Gross margin 2025: € 315,745 ▲ 53% vs 2024 (€ 206,633) Favourable step	▲ 53%
Profit after taxes	€ 46,353 Profit after taxes 2022: € 46,353 First fiscal year in the series	€ 45,129 Profit after taxes 2023: € 45,129 ▼ 3% vs 2022 (€ 46,353) Unfavourable step	€ -6,720 Profit after taxes 2024: € -6,720 ▼ € 51,849 vs 2023 (€ 45,129) Unfavourable step	€ 18,144 Profit after taxes 2025: € 18,144 ▲ € 24,864 vs 2024 (€ -6,720) Favourable step	▲ € 24,864
Equity	€ 864,910 Equity 2022: € 864,910 First fiscal year in the series	€ 910,038 Equity 2023: € 910,038 ▲ 5% vs 2022 (€ 864,910) Favourable step	€ 903,318 Equity 2024: € 903,318 ▼ 1% vs 2023 (€ 910,038) Unfavourable step	€ 921,462 Equity 2025: € 921,462 ▲ 2% vs 2024 (€ 903,318) Favourable step	▲ 2%
Total debts	€ 16,216 Total debts 2022: € 16,216 First fiscal year in the series	€ 422,163 Total debts 2023: € 422,163 ▲ € 405,947 vs 2022 (€ 16,216) Unfavourable step	€ 2,099,698 Total debts 2024: € 2,099,698 ▲ € 1.7 million vs 2023 (€ 422,163) Unfavourable step	€ 4,264,168 Total debts 2025: € 4,264,168 ▲ 103% vs 2024 (€ 2,099,698) Unfavourable step	▲ 103%
Cash	€ 165,342 Cash 2022: € 165,342 First fiscal year in the series	€ 48,127 Cash 2023: € 48,127 ▼ 71% vs 2022 (€ 165,342) Unfavourable step	€ 59,252 Cash 2024: € 59,252 ▲ 23% vs 2023 (€ 48,127) Favourable step	€ 60,407 Cash 2025: € 60,407 ▲ 2% vs 2024 (€ 59,252) Favourable step	▲ 2%
Land & buildings	€ 634,188 Land & buildings 2022: € 634,188 First fiscal year in the series	€ 932,907 Land & buildings 2023: € 932,907 ▲ 47% vs 2022 (€ 634,188) Unchanged	€ 2,570,164 Land & buildings 2024: € 2,570,164 ▲ 176% vs 2023 (€ 932,907) Unchanged	€ 4,597,787 Land & buildings 2025: € 4,597,787 ▲ 79% vs 2024 (€ 2,570,164) Unchanged	▲ 79%
Retained profit	€ 802,910 Retained profit 2022: € 802,910 First fiscal year in the series	€ 848,038 Retained profit 2023: € 848,038 ▲ 6% vs 2022 (€ 802,910) Favourable step	€ 841,318 Retained profit 2024: € 841,318 ▼ 1% vs 2023 (€ 848,038) Unfavourable step	€ 859,462 Retained profit 2025: € 859,462 ▲ 2% vs 2024 (€ 841,318) Favourable step	▲ 2%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,600,500 Bank debt 2024: € 1,600,500 Unchanged (€ 0) Unfavourable step	€ 1,509,724 Bank debt 2025: € 1,509,724 ▼ 6% vs 2024 (€ 1,600,500) Favourable step	▼ 6%
Balance sheet total	€ 881,126 Balance sheet total 2022: € 881,126 First fiscal year in the series	€ 1,332,201 Balance sheet total 2023: € 1,332,201 ▲ 51% vs 2022 (€ 881,126) Unchanged	€ 3,003,016 Balance sheet total 2024: € 3,003,016 ▲ 125% vs 2023 (€ 1,332,201) Unchanged	€ 5,185,630 Balance sheet total 2025: € 5,185,630 ▲ 73% vs 2024 (€ 3,003,016) Unchanged	▲ 73%

Key figures of HORTICOTRADE, 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 March 2027.

What happened to HORTICOTRADE?

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

2027 Olivier Deforche stepped down as director. NBB
2027 Frans Deforche stepped down as director. NBB
Feb 27, 2026 New annual accounts for financial year 2025: profit of € 18,144. Source: NBB ↗
2021 Olivier Deforche became a director. NBB
2021 Frans Deforche became a director. NBB
Jun 24, 1992 New establishment in Putte. KBO
Jun 12, 1992 Start of the company according to the CBE. KBO

In short

From € 46,353 profit in 2022 to € 18,144 profit in 2025.

Paid € 21,113 in corporate taxes since 2022.

Best year ever: 2022, with € 46,353 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Olivier Deforche

Director

Also active at: HYDRO-ADVIES, ODP, GREEN PRODUCTION SYSTEMS

since 2021 · until 2027

Frans Deforche

Managing director

Also active at: HYDRO-ADVIES

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Hulzen 1 box A

2580 Putte

2.057.945.862

Hulzen 1A

2580 Putte

Active since 24 June 1992

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

Details

Company number

0447.585.021

VAT number

BE 0447.585.021

Registered office

Hulzen 1 bus A, 2580 Putte

Names & denominations

HORTICOTRADE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 June 1992

Peppol

Active · Active since 30 Jan 2026

Activities · NACE

Groenteteelt

Teelt van groenten, meloenen en wortel- en knolgewassen

View on CBE Public ↗ Annual accounts (NBB) ↗