Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Horwin from Lille, company number BE0547802748, closed financial year 2025 with a result of € -1,999 after tax. For that financial year Horwin recorded a gross margin of € 85,391 and equity of € 152,480. Compared with financial year 2024, the result moved from € -140,883 to € -1,999. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 152,480
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,999
▲ 99 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,154
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 151,480.
People and assets in 2025
€ 3,220
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 615,047
▼ 14% vs 2024
€ 33,393 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 75,899
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 174,003 | € 93,518 | € -65,009 | € 85,391 | ▲ € 150,401 |
| Profit after taxes | € 110,089 | € 30,841 | € -140,883 | € -1,999 | ▲ € 138,884 |
| Equity | € 332,984 | € 363,824 | € 222,941 | € 152,480 | ▼ 32% |
| Total debts | € 103,558 | € 542,759 | € 865,699 | € 894,785 | ▲ 3% |
| Cash | € 198,910 | € 63,749 | € 14,746 | € 8,154 | ▼ 45% |
| Land & buildings | - | € 583,639 | € 809,123 | € 789,580 | ▼ 2% |
| Retained profit | € 331,984 | € 362,824 | € 221,941 | € 151,480 | ▼ 32% |
| Dividend | € 0 | € 0 | € 0 | € 68,463 | |
| Bank debt | € 0 | € 501,376 | € 713,017 | € 615,047 | ▼ 14% |
| Balance sheet total | € 436,541 | € 906,583 | € 1,088,641 | € 1,047,265 | ▼ 4% |
Key figures of Horwin, 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 Horwin?
What happened at Horwin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,999. Source: NBB ↗
- New establishment in Berlaar. KBO
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 110,089 profit in 2022 to € 1,999 loss in 2025.
Paid € 70,767 in corporate taxes since 2022.
Best year ever: 2022, with € 110,089 profit.
Paid out € 68,463 in dividends to the owners in total.
Management
Behind Horwin is Tom Horemans.
Directors
According to the 2025 annual accounts
Tom Horemans
Director
Establishments
Establishment units
Physical locations of this company
Schoorstraat 28
2275 Lille
Markt 78 box B
2590 Berlaar
Active since 2 January 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0547.802.748
- VAT number
- BE 0547.802.748
- Registered office
- Schoorstraat 28, 2275 Lille
- Names & denominations
- Horwin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2014
- Peppol
- Active · Active since 22 Nov 2023
- Activities · NACE
Schrijnwerk
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Groothandel in bouwmaterialen, algemeen assortiment