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.
Financials
Financial year 2025
HORIZON RETAIL INVESTERINGEN MVV from Oostende, company number BE0458894033, closed financial year 2025 with a result of € -313,177 after tax. For that financial year HORIZON RETAIL INVESTERINGEN MVV recorded a gross margin of € -3,539 and equity of € 729,466. Compared with financial year 2024, the result moved from € -43,327 to € -313,177. 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 June 25, 2026.
€ 729,466
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -313,177
▼ 623 % more loss than in 2024
Profit after tax over the fiscal year.
€ 80,518
▲ € 79,261 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,181 | € -38,001 | € 13,114 | € -3,539 | ▼ € 16,653 |
| Profit after taxes | € 93,560 | € -97,624 | € -43,327 | € -313,177 | ▼ € 269,850 |
| Equity | € 1,183,594 | € 1,085,970 | € 1,042,643 | € 729,466 | ▼ 30% |
| Total debts | € 192,500 | € 252,030 | € 268,032 | € 141,000 | ▼ 47% |
| Cash | € 10,301 | € 21,350 | € 1,257 | € 80,518 | ▲ € 79,261 |
| Land & buildings | € 611,743 | € 567,514 | € 534,899 | - | |
| Retained profit | € -2,766,406 | € -2,864,030 | € -2,907,357 | € -3,220,534 | ▼ € 313,177 |
| Bank debt | € 192,500 | € 175,000 | € 157,500 | € 0 | ▼ 100% |
| Balance sheet total | € 1,376,094 | € 1,338,000 | € 1,310,674 | € 870,466 | ▼ 34% |
Key figures of HORIZON RETAIL INVESTERINGEN MVV, 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 HORIZON RETAIL INVESTERINGEN MVV?
What happened at HORIZON RETAIL INVESTERINGEN MVV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 313,177. Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 93,560 profit in 2022 to € 313,177 loss in 2025.
Best year ever: 2022, with € 93,560 profit.
Management
The stake of HOTEL BEL EUR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HORIZON RETAIL INVESTERINGEN MVVBehind HORIZON RETAIL INVESTERINGEN MVV are William Vanmoerkerke, Edith De Ketelaere and Olivia Vanmoerkerke. The shares are held by HOTEL BEL EUR (10.3%).
Directors
According to the 2025 annual accounts
William Vanmoerkerke
Managing director
Also active at: RESTOTEL, HOTEL BEL EUR, 2IM, HORIZON RETAIL INVESTERINGEN WP, NOORDZEE INVESTMENTS
Edith De Ketelaere
bestuurder
Also active at: RESTOTEL, HOTEL BEL EUR, 2IM, HORIZON RETAIL INVESTERINGEN WP, NOORDZEE INVESTMENTS
Olivia Vanmoerkerke
Managing director
Also active at: RESTOTEL, HOTEL BEL EUR, KEIGNAERT INVEST, AMPLA HOUSE PROPERTIES, AVENUE PROJECTS, HIEVAM, 2IM, HORIZON RETAIL INVESTERINGEN WP +1 more
Shareholders
10.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oud Vliegveld 12
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →HOTEL BEL EUR same network
€ 300,180 gross margin · 2025
KEIGNAERT INVEST same network
€ 59,911 gross margin · 2025
QRF MANAGEMENT
€ 368,811 gross margin · 2023
De Noordzee
De Vuurtoren
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.894.033
- VAT number
- BE 0458.894.033
- Registered office
- Oud Vliegveld 12, 8400 Oostende
- Names & denominations
- HORIZON RETAIL INVESTERINGEN MVV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1996
- Peppol
- Active · Active since 23 Dec 2025