What does HORECATH do?

HORECATH is a hospitality business in Ath. Public Limited, started on 9 July 1992, 1 establishment.

What is the address of HORECATH?

The registered office of HORECATH is located at Grand'Place 1, 7800 Ath.

Is HORECATH still active?

Yes. According to the CBE (30 October 2026) HORECATH is active, legal situation “Normale toestand”, started on 9 July 1992.

Is HORECATH registered on Peppol?

Yes, HORECATH is registered on the Peppol network with ID 0208:0447859193.

What is the enterprise number of HORECATH?

The enterprise number of HORECATH is BE0447859193.

When was HORECATH founded?

HORECATH was founded on 9 July 1992.

Who are the directors of HORECATH?

According to the 2024 annual accounts, the directors of HORECATH are: Pascal REMY, Jeanine LEGRAND, Clément FRANCOIS, Marie-Christine VANDERHAEGEN.

Is HORECATH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 July 1992; 4 annual accounts filed, latest fiscal year 2024; 4 directors known from the annual account.

How much profit did HORECATH make in 2024?

HORECATH posted a profit after taxes of € 64,590 in financial year 2024.

What is the revenue of HORECATH?

In its most recent annual accounts (2024), HORECATH reported revenue of € 1,248,098.

How much does an employee at HORECATH earn?

The average wage cost per full-time employee at HORECATH was € 41,800 in 2024: staff costs of € 464,381 for 11.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HORECATH have?

According to the 2024 annual accounts, HORECATH has 11.1 full-time equivalents (FTE).

HORECATH (Public Limited) - Ath - BE0447859193

Dossier HORECATH, printed on 30 October 2026 from databakkes.be/en/0447859193/horecath. 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 31 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

HORECATH from Ath, company number BE0447859193, closed financial year 2024 with a result of € 64,590 after tax. For that financial year HORECATH recorded revenue of € 1.2 million and equity of € 120,853. Compared with financial year 2023, the result moved from € -68,340 to € 64,590. 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 June 25, 2025.

What it is worth Growing

€ 120,853

▲ 115% vs 2023

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

Profit Growing

€ 64,590

▲ still € 68,340 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 34,725

▼ 31% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 58,853.

People and assets in 2024

Full-time equivalents

11.1

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

Wage cost

€ 464,381

▼ 4% vs 2023

€ 41,800 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

€ 75,857

▲ 10% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 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.

€ 40,788

▼ 38% vs 2023

€ 14,062 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 35,197

▼ 36% vs 2023

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

Taxes and wages

€ 67,497

▼ 12% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 753,224 Revenue 2021: € 753,224 First fiscal year in the series	€ 1,153,087 Revenue 2022: € 1,153,087 ▲ 53% vs 2021 (€ 753,224) Favourable step	€ 1,256,649 Revenue 2023: € 1,256,649 ▲ 9% vs 2022 (€ 1,153,087) Favourable step	€ 1,248,098 Revenue 2024: € 1,248,098 ▼ 1% vs 2023 (€ 1,256,649) Unfavourable step	▼ 1%
Gross margin	€ 274,905 Gross margin 2021: € 274,905 First fiscal year in the series	€ 365,068 Gross margin 2022: € 365,068 ▲ 33% vs 2021 (€ 274,905) Favourable step	€ 477,051 Gross margin 2023: € 477,051 ▲ 31% vs 2022 (€ 365,068) Favourable step	€ 578,488 Gross margin 2024: € 578,488 ▲ 21% vs 2023 (€ 477,051) Favourable step	▲ 21%
Profit after taxes	€ 11,856 Profit after taxes 2021: € 11,856 First fiscal year in the series	€ -60,958 Profit after taxes 2022: € -60,958 ▼ € 72,814 vs 2021 (€ 11,856) Unfavourable step	€ -68,340 Profit after taxes 2023: € -68,340 ▼ € 7,382 vs 2022 (€ -60,958) Unfavourable step	€ 64,590 Profit after taxes 2024: € 64,590 ▲ € 132,930 vs 2023 (€ -68,340) Favourable step	▲ € 132,930
Equity	€ 185,561 Equity 2021: € 185,561 First fiscal year in the series	€ 124,603 Equity 2022: € 124,603 ▼ 33% vs 2021 (€ 185,561) Unfavourable step	€ 56,263 Equity 2023: € 56,263 ▼ 55% vs 2022 (€ 124,603) Unfavourable step	€ 120,853 Equity 2024: € 120,853 ▲ 115% vs 2023 (€ 56,263) Favourable step	▲ 115%
Total debts	€ 210,617 Total debts 2021: € 210,617 First fiscal year in the series	€ 235,423 Total debts 2022: € 235,423 ▲ 12% vs 2021 (€ 210,617) Unfavourable step	€ 260,330 Total debts 2023: € 260,330 ▲ 11% vs 2022 (€ 235,423) Unfavourable step	€ 206,689 Total debts 2024: € 206,689 ▼ 21% vs 2023 (€ 260,330) Favourable step	▼ 21%
Cash	€ 49,090 Cash 2021: € 49,090 First fiscal year in the series	€ 41,833 Cash 2022: € 41,833 ▼ 15% vs 2021 (€ 49,090) Unfavourable step	€ 50,328 Cash 2023: € 50,328 ▲ 20% vs 2022 (€ 41,833) Favourable step	€ 34,725 Cash 2024: € 34,725 ▼ 31% vs 2023 (€ 50,328) Unfavourable step	▼ 31%
Retained profit	€ 123,561 Retained profit 2021: € 123,561 First fiscal year in the series	€ 62,603 Retained profit 2022: € 62,603 ▼ 49% vs 2021 (€ 123,561) Unfavourable step	€ -5,737 Retained profit 2023: € -5,737 ▼ € 68,340 vs 2022 (€ 62,603) Unfavourable step	€ 58,853 Retained profit 2024: € 58,853 ▲ € 64,590 vs 2023 (€ -5,737) Favourable step	▲ € 64,590
Bank debt	€ 73,306 Bank debt 2021: € 73,306 First fiscal year in the series	€ 53,520 Bank debt 2022: € 53,520 ▼ 27% vs 2021 (€ 73,306) Favourable step	€ 65,387 Bank debt 2023: € 65,387 ▲ 22% vs 2022 (€ 53,520) Unfavourable step	€ 40,788 Bank debt 2024: € 40,788 ▼ 38% vs 2023 (€ 65,387) Favourable step	▼ 38%
Balance sheet total	€ 396,178 Balance sheet total 2021: € 396,178 First fiscal year in the series	€ 360,026 Balance sheet total 2022: € 360,026 ▼ 9% vs 2021 (€ 396,178) Unchanged	€ 316,593 Balance sheet total 2023: € 316,593 ▼ 12% vs 2022 (€ 360,026) Unchanged	€ 327,542 Balance sheet total 2024: € 327,542 ▲ 3% vs 2023 (€ 316,593) Unchanged	▲ 3%
Employees (FTE)	9 Employees (FTE) 2021: 9 First fiscal year in the series	9.6 Employees (FTE) 2022: 9.6 ▲ 0.6 vs 2021 (9) Unchanged	-	11.1 Employees (FTE) 2024: 11.1 First fiscal year in the series

Key figures of HORECATH, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to HORECATH?

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

2028 Pascal REMY stepped down as director. NBB
2028 Jeanine LEGRAND stepped down as director. NBB
2028 Clément FRANCOIS stepped down as director. NBB
2028 Marie-Christine VANDERHAEGEN stepped down as director. NBB
Jun 25, 2025 New annual accounts for financial year 2024: profit of € 64,590. Source: NBB ↗
2022 Pascal REMY became a director. NBB
2022 Jeanine LEGRAND became a director. NBB
2022 Clément FRANCOIS became a director. NBB

In short

From € 11,856 profit in 2021 to € 64,590 profit in 2024.

Paid € 5,784 in corporate taxes since 2021.

Best year ever: 2024, with € 64,590 profit.

On average € 52,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2024 annual accounts

Pascal REMY

Director

since 2022 · until 2028

Jeanine LEGRAND

Director

Also active at: FRANCOIS

since 2022 · until 2028

Clément FRANCOIS

Managing director

Also active at: FRANCOIS

since 2022 · until 2028

Marie-Christine VANDERHAEGEN

Director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Grand'Place 1

7800 Ath

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

Details

Company number

0447.859.193

VAT number

BE 0447.859.193

Registered office

Grand'Place 1, 7800 Ath

Names & denominations

HORECATH

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 July 1992

Peppol

Active · Active since 3 Oct 2025

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

HORECATH

Warning lights

Financials

What happened to HORECATH?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions