Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HORINVEST et SERVICES from Elsene, company number BE0456952647, closed financial year 2025 with a result of € -102,679 after tax. For that financial year HORINVEST et SERVICES recorded a gross margin of € -14,077 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -105,211 to € -102,679. 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 January 31, 2026.
€ 1.1 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -102,679
▲ 2 % less loss than in 2024
Profit after tax over the fiscal year.
€ 126,490
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 307,306.
People and assets in 2025
€ 14,276
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
€ 250,000
▲ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 22,575
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,445
▲ € 2,260 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 139,999 | € 14,040 | € -32,575 | € -14,077 | ▲ € 18,498 |
| Profit after taxes | € 44,982 | € -47,698 | € -105,211 | € -102,679 | ▲ € 2,532 |
| Equity | € 1,353,395 | € 1,305,697 | € 1,200,486 | € 1,097,806 | ▼ 9% |
| Total debts | € 246,211 | € 253,285 | € 200,104 | € 292,981 | ▲ 46% |
| Cash | € 416,006 | € 387,156 | € 231,367 | € 126,490 | ▼ 45% |
| Land & buildings | € 502,681 | € 490,081 | € 481,726 | € 471,194 | ▼ 2% |
| Retained profit | € 562,895 | € 515,197 | € 409,986 | € 307,306 | ▼ 25% |
| Bank debt | € 150,000 | € 150,000 | € 150,000 | € 250,000 | ▲ 67% |
| Balance sheet total | € 1,599,606 | € 1,558,982 | € 1,400,590 | € 1,390,788 | ▼ 1% |
Key figures of HORINVEST et SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HORINVEST et SERVICES?
What happened at HORINVEST et SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PHH CONSULTING SRL stepped down as director. NBB
- MICOMET INTERNATIONAL SA stepped down as director. NBB
- Georgette CREPLET stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 102,679. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,982 profit in 2022 to € 102,679 loss in 2025.
Paid € 16,488 in corporate taxes since 2022.
Best year ever: 2022, with € 44,982 profit.
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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
It owns 23.1% of MOULIN D'EPRAVE itself.
Directors
According to the 2025 annual accounts
· until 2030
Director · represented by François VERMER
· until 2030
· until 2030
Establishments
Establishment units
Physical locations of this company
Louizalaan 486 box 15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
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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
- 0456.952.647
- VAT number
- BE 0456.952.647
- Registered office
- Louizalaan 486 bus 15, 1050 Elsene
- Names & denominations
- HORINVEST et SERVICES · H.R.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1995
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis