Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOROZ EUROPE from Beersel, company number BE0598908484, closed financial year 2025 with a result of € 230,167 after tax. For that financial year HOROZ EUROPE recorded a gross margin of € 1 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 182,121 to € 230,167. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 16, 2026.
€ 1.2 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 230,167
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 39,944
▼ 14% 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 € 1 million.
People and assets in 2025
7.1
Average over the fiscal year, from the social balance sheet.
€ 351,565
▲ 6% vs 2024
€ 49,500 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.
€ 36,081
▼ 46% vs 2024
Of which on lease € 20,053.
Debts at end 2025
€ 1.6 million
▲ € 1.6 million vs 2024
€ 129,192 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1.9 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 159,804
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 407,563 | € 772,713 | € 708,169 | € 1,008,812 | ▲ 42% |
| Profit after taxes | € 47,326 | € 258,630 | € 182,121 | € 230,167 | ▲ 26% |
| Equity | € 503,244 | € 761,874 | € 943,995 | € 1,174,162 | ▲ 24% |
| Total debts | € 3,014,764 | € 3,038,357 | € 2,844,814 | € 4,095,406 | ▲ 44% |
| Cash | € 85,417 | € 204,970 | € 46,702 | € 39,944 | ▼ 14% |
| Land & buildings | - | - | - | € 1,996,414 | |
| Retained profit | € 353,244 | € 611,874 | € 793,995 | € 1,024,162 | ▲ 29% |
| Bank debt | € 56,443 | € 41,635 | € 53,612 | € 1,624,424 | ▲ € 1.6 million |
| Balance sheet total | € 3,518,008 | € 3,800,231 | € 3,788,808 | € 5,269,568 | ▲ 39% |
| Employees (FTE) | 5.6 | 7 | - | 7.1 |
Key figures of HOROZ EUROPE, 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 April 2027.
What happened to HOROZ EUROPE?
What happened at HOROZ EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 230,167 (▲ 26% vs 2024). Source: NBB ↗
- Hüseyin KOROGLU became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,326 profit in 2022 to € 230,167 profit in 2025.
Paid € 276,542 in corporate taxes since 2022.
Best year ever: 2023, with € 258,630 profit.
On average € 142,100 of value added per employee in 2025.
A new publication or filing at HOROZ EUROPE? We notify you, reason included.
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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 HOROZ EUROPE is Hüseyin KOROGLU.
Directors
According to the 2025 annual accounts
Hüseyin KOROGLU
Director
since 2018
Establishments
Establishment units
Physical locations of this company
G. Demeurslaan 73
1654 Beersel
Rue du Commerce 12
1400 Nivelles
Active since 24 February 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CIZGI, TR
Domain
Domain
horozeurope.com
Registered
2014-02-24
Registrar
Nics Telekomunikasyon A.S.
Expires
2027-02-24
Website info
Features
Security
Details
- Company number
- 0598.908.484
- VAT number
- BE 0598.908.484
- Registered office
- G. Demeurslaan 73, 1654 Beersel
- Names & denominations
- HOROZ EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2015
- Peppol
- Active · Active since 24 Nov 2025
- Contact
- horozeurope.com
- Activities · NACE
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