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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HORECA NETWORK from Wavre, company number BE0479776252, closed financial year 2025 with a result of € -5,475 after tax. For that financial year HORECA NETWORK recorded a gross margin of € -4,395 and equity of € -56,799. Compared with financial year 2024, the result moved from € -14,414 to € -5,475. 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 June 27, 2026.
€ -56,799
▼ € 5,475 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,475
▲ 62 % less loss than in 2024
Profit after tax over the fiscal year.
€ 345
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,399.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 139
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,944 | € -3,595 | € -12,482 | € -4,395 | ▲ € 8,087 |
| Profit after taxes | € -2,850 | € -6,159 | € -14,414 | € -5,475 | ▲ € 8,939 |
| Equity | € -30,751 | € -36,910 | € -51,324 | € -56,799 | ▼ € 5,475 |
| Total debts | € 44,759 | € 39,254 | € 54,328 | € 57,498 | ▲ 6% |
| Cash | € 11,062 | € 575 | € 846 | € 345 | ▼ 59% |
| Retained profit | € -64,351 | € -70,510 | € -84,924 | € -90,399 | ▼ € 5,475 |
| Balance sheet total | € 14,007 | € 2,344 | € 3,004 | € 699 | ▼ 77% |
Key figures of HORECA NETWORK, 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 HORECA NETWORK?
What happened at HORECA NETWORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,475. Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,850 loss in 2022 to € 5,475 loss in 2025.
Paid € 961 in corporate taxes since 2022.
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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
Behind HORECA NETWORK are CARINE DUBRUL and Michel PETIT .
Directors
According to the 2025 annual accounts
CARINE DUBRUL
Manager
Michel PETIT
Manager
Establishments
Establishment units
Physical locations of this company
Rue Joséphine Rauscent 141
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.776.252
- VAT number
- BE 0479.776.252
- Registered office
- Rue Joséphine Rauscent 141, 1300 Wavre
- Names & denominations
- HORECA NETWORK · HORNET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2003
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige recreatie- en ontspanningsactiviteiten, neg
Organisatie van congressen en beurzen
Handelsbemiddeling in de niet-gespecialiseerde groothandel