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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
101 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
TRADITION ET HORIZON from Ukkel, company number BE0452921506, closed financial year 2024 with a result of € -17,129 after tax. For that financial year TRADITION ET HORIZON recorded a gross margin of € 16,518 and equity of € -277,626. Compared with financial year 2023, the result moved from € -36,843 to € -17,129. 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 August 20, 2025.
€ -277,626
▼ € 17,129 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,129
▲ 54 % less loss than in 2023
Profit after tax over the fiscal year.
€ 174
▲ € 132 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -406,530.
Debts at end 2024
€ 200,000
Loans from banks and other lenders, long and short.
€ 17,147
▼ 81% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 6,344 | € -21,389 | € -30,829 | € 16,518 | ▲ € 47,347 |
| Profit after taxes | € 4,472 | € -24,301 | € -36,843 | € -17,129 | ▲ € 19,714 |
| Equity | € -199,352 | € -223,653 | € -260,496 | € -277,626 | ▼ € 17,129 |
| Total debts | € 385,707 | € 411,597 | € 446,458 | € 463,720 | ▲ 4% |
| Cash | € 435 | € 2,024 | € 41 | € 174 | ▲ € 132 |
| Land & buildings | € 185,920 | € 185,920 | € 185,920 | € 185,920 | |
| Retained profit | € -328,256 | € -352,558 | € -389,401 | € -406,530 | ▼ € 17,129 |
| Bank debt | € 200,000 | € 200,000 | € 200,000 | € 200,000 | |
| Balance sheet total | € 186,355 | € 187,944 | € 185,962 | € 186,094 |
Key figures of TRADITION ET HORIZON, 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 TRADITION ET HORIZON?
What happened at TRADITION ET HORIZON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tony ZAKHIA BOUTROS NAKHLE stepped down as director. NBB
- Denis LEDDET stepped down as director. NBB
- Dominique LEDDET stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 17,129. filed late Source: NBB ↗
- Denis LEDDET became a director. NBB
- Dominique LEDDET became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,472 profit in 2021 to € 17,129 loss in 2024.
Best year ever: 2021, with € 4,472 profit.
A new publication or filing at TRADITION ET HORIZON? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Tony ZAKHIA BOUTROS NAKHLE
Director
· until 2030
since 2012 · until 2030
since 2012 · until 2030
Establishments
Establishment units
Physical locations of this company
Kersbeeklaan 308
1180 Ukkel
Stormstraat 9
1000 Brussel
Active since 2 March 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 101 companies are registered at this address.
All companies at this address →qabirim
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.921.506
- VAT number
- BE 0452.921.506
- Registered office
- Kersbeeklaan 308, 1180 Ukkel
- Names & denominations
- TRADITION ET HORIZON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1994
- Peppol
- Active · Active since 13 Jan 2026