Financials
Financial year 2025
Belgian Horeca Management from Elsene, company number BE0641723987, closed financial year 2025 with a result of € -80,394 after tax. For that financial year Belgian Horeca Management recorded a gross margin of € 1.1 million and equity of € 270,841. Compared with financial year 2024, the result moved from € 50,225 to € -80,394. 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 July 28, 2026.
€ 270,841
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,394
▼ still € 50,225 profit in 2024
Profit after tax over the fiscal year.
€ 16,092
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 264,641.
People and assets in 2025
13.6
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 11% vs 2024
€ 83,500 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.
€ 34,025
▲ 133% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 81,058
▲ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 310,138
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 185,397
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,014,669 | € 1,086,854 | € 1,127,667 | € 1,107,724 | ▼ 2% |
| Profit after taxes | € 75,021 | € 72,806 | € 50,225 | € -80,394 | ▼ € 130,619 |
| Equity | € 228,204 | € 301,010 | € 351,235 | € 270,841 | ▼ 23% |
| Total debts | € 863,532 | € 1,040,800 | € 1,838,436 | € 1,901,062 | ▲ 3% |
| Cash | € 28,349 | € 84,222 | € 35,058 | € 16,092 | ▼ 54% |
| Retained profit | € 222,004 | € 294,810 | € 345,035 | € 264,641 | ▼ 23% |
| Bank debt | € 0 | € 0 | € 72,165 | € 81,058 | ▲ 12% |
| Balance sheet total | € 1,091,736 | € 1,341,810 | € 2,189,671 | € 2,171,902 | ▼ 1% |
| Employees (FTE) | 14.3 | 14.2 | 15.3 | 13.6 | ▼ 1.7 |
Key figures of Belgian Horeca Management, 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 Belgian Horeca Management?
What happened at Belgian Horeca Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 80,394 (▼ € 130,619 vs 2024). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Priam Capital SRL became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,021 profit in 2022 to € 80,394 loss in 2025.
Paid € 101,431 in corporate taxes since 2022.
Best year ever: 2022, with € 75,021 profit.
On average € 81,500 of value added per employee in 2025.
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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
The stake of BELGIAN RESTAURATION, Priam Capital comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Belgian Horeca ManagementBehind Belgian Horeca Management is Priam Capital SRL. The shares are held by BELGIAN RESTAURATION (100%) and Priam Capital.
Directors
According to the 2025 annual accounts
Director · represented by Nataf Raphaël
Also active at: SOGEREST - BELGIUM, EUROREST BELGIUM
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gulden-Vlieslaan 6
1050 Elsene
De Keyserlei 55
2018 Antwerpen
Active since 13 January 2020
Generaal Wahislaan 16c
1030 Schaarbeek
Active since 15 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →SOREBEL
€ 165,503 gross margin · 2025
BELGIAN RESTAURATION same network
€ 10,000 revenue · 2025
EUROREST BELGIUM same network
€ 963,292 revenue · 2025
Toison Food Company
€ 1.4 million gross margin · 2025
GENERAL HOLDING CORPORATION
€ 136,726 gross margin · 2025
+1 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
- 0641.723.987
- VAT number
- BE 0641.723.987
- Registered office
- Gulden-Vlieslaan 6, 1050 Elsene
- Names & denominations
- Belgian Horeca Management · B.H.M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2015
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
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