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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Shrinking team NBB
FTE fell two years in a row, from 58 to 48.7.
Financials
Financial year 2025
HORTA from Antwerpen, company number BE0460853433, closed financial year 2025 with a result of € 141,677 after tax. For that financial year HORTA recorded a gross margin of € 3.7 million and equity of € -172,010. Compared with financial year 2024, the result moved from € 266,617 to € 141,677. The company is profitable. 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 July 22, 2026.
€ -172,010
▲ € 141,677 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 141,677
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -233,984.
People and assets in 2025
48.7
▼ 6.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 5% vs 2024
€ 62,300 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.
€ 1.8 million
▼ 6% vs 2024
Of which on lease € 1.8 million.
Debts at end 2025
€ 3.3 million
▼ 5% vs 2024
€ 222,915 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 429,771
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 441,108
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,929,859 | € 3,633,126 | € 3,638,666 | € 3,708,207 | ▲ 2% |
| Profit after taxes | € 194,034 | € 388,486 | € 266,617 | € 141,677 | ▼ 47% |
| Equity | € -968,790 | € -580,304 | € -313,687 | € -172,010 | ▲ € 141,677 |
| Total debts | € 4,739,538 | € 4,408,901 | € 4,228,945 | € 4,208,450 | |
| Cash | € 869,393 | € 995,176 | € 1,163,142 | € 1,018,910 | ▼ 12% |
| Retained profit | € -1,030,763 | € -642,277 | € -375,660 | € -233,984 | ▲ € 141,677 |
| Bank debt | € 4,073,360 | € 3,709,731 | € 3,498,361 | € 3,330,410 | ▼ 5% |
| Balance sheet total | € 3,770,748 | € 3,828,598 | € 3,915,257 | € 4,036,440 | ▲ 3% |
| Employees (FTE) | 53.9 | 58 | 55.5 | 48.7 | ▼ 6.8 |
By gross margin, HORTA ranks 2nd of 84 companies with main activity “Restaurants van het traditionele type” in Antwerpen that publish figures (fiscal year 2025).
Key figures of HORTA, 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.
Ask about HORTA the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to HORTA?
What happened at HORTA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rossignol Holding NV stepped down as director. NBB
- Gunther Dieltjens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 141,677 (▼ 47% vs 2024). Source: NBB ↗
- Rossignol Holding NV became a director. NBB
- Gunther Dieltjens became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 194,034 profit in 2022 to € 141,677 profit in 2025.
Paid € 106,202 in corporate taxes since 2022.
Best year ever: 2023, with € 388,486 profit.
On average € 76,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Sabine Boodts
since 2023 · until 2029
Gunther Dieltjens
Managing director
Also active at: DIPRO, POMPHUIS, HET POMPHUIS, ROSSIGNOL HOLDING
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Hopland 2
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Antwerpen
Same main activity (Restaurants van het traditionele type), 87 active companies in Antwerpen, largest first.
€ 4.7 million gross margin · 2025
€ 4 million revenue · 2025
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€ 1.8 million gross margin · 2025
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0460.853.433
- VAT number
- BE 0460.853.433
- Registered office
- Hopland 2, 2000 Antwerpen
- Names & denominations
- HORTA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1997
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- grandcafehorta.be
- Activities · NACE
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met volledige bediening
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met volledige bediening