HOSE is a market research agency in Liège. Private Limited, started on 2 June 2017, 1 establishment.

What is the address of HOSE?

The registered office of HOSE is located at Rue Natalis 2, 4020 Liège.

Is HOSE still active?

Yes. According to the CBE (29 October 2026) HOSE is active, legal situation “Normale toestand”, started on 2 June 2017.

Is HOSE registered on Peppol?

Yes, HOSE is registered on the Peppol network with ID 0208:0676531448.

What is the enterprise number of HOSE?

The enterprise number of HOSE is BE0676531448.

When was HOSE founded?

HOSE was founded on 2 June 2017.

Who are the directors of HOSE?

According to the 2025 annual accounts, the directors of HOSE are: INVEST MINGUET GESTION SA, Claude DI FRANCO, HORIZON CONSTRUCT SA, Jean-Claude GIERKENS.

Is HOSE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 2017; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did HOSE make in 2025?

HOSE recorded a loss after taxes of € 39,772 in financial year 2025.

What is the revenue of HOSE?

As a small company, HOSE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 24,149.

How much does an employee at HOSE earn?

The average wage cost per full-time employee at HOSE was € 64,900 in 2024: staff costs of € 129,858 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

HOSE (Private Limited) - Liège - BE0676531448

Dossier HOSE, printed on 29 October 2026 from databakkes.be/en/0676531448/hose. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 1 of the last 4 fiscal years.
Busy address KBO

58 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

HOSE from Liège, company number BE0676531448, closed financial year 2025 with a result of € -39,772 after tax. For that financial year HOSE recorded a gross margin of € 24,149 and equity of € -3,472. Compared with financial year 2024, the result moved from € 13,482 to € -39,772. 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 August 28, 2026.

What it is worth Caution

€ -3,472

▼ € 39,772 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -39,772

▼ still € 13,482 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 0

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -9,672.

People and assets in 2025

Wage cost

€ 18,699

▼ 86% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,281

▼ 82% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 14,663

▼ 60% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 227,587

▼ 31% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 26,911

▼ 54% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 203,733 Gross margin 2022: € 203,733 First fiscal year in the series	€ 151,554 Gross margin 2023: € 151,554 ▼ 26% vs 2022 (€ 203,733) Unfavourable step	€ 177,821 Gross margin 2024: € 177,821 ▲ 17% vs 2023 (€ 151,554) Favourable step	€ 24,149 Gross margin 2025: € 24,149 ▼ 86% vs 2024 (€ 177,821) Unfavourable step	▼ 86%
Profit after taxes	€ 9,037 Profit after taxes 2022: € 9,037 First fiscal year in the series	€ 1,076 Profit after taxes 2023: € 1,076 ▼ 88% vs 2022 (€ 9,037) Unfavourable step	€ 13,482 Profit after taxes 2024: € 13,482 ▲ € 12,406 vs 2023 (€ 1,076) Favourable step	€ -39,772 Profit after taxes 2025: € -39,772 ▼ € 53,254 vs 2024 (€ 13,482) Unfavourable step	▼ € 53,254
Equity	€ 21,741 Equity 2022: € 21,741 First fiscal year in the series	€ 22,817 Equity 2023: € 22,817 ▲ 5% vs 2022 (€ 21,741) Favourable step	€ 36,300 Equity 2024: € 36,300 ▲ 59% vs 2023 (€ 22,817) Favourable step	€ -3,472 Equity 2025: € -3,472 ▼ € 39,772 vs 2024 (€ 36,300) Unfavourable step	▼ € 39,772
Total debts	€ 205,164 Total debts 2022: € 205,164 First fiscal year in the series	€ 309,402 Total debts 2023: € 309,402 ▲ 51% vs 2022 (€ 205,164) Unfavourable step	€ 617,030 Total debts 2024: € 617,030 ▲ 99% vs 2023 (€ 309,402) Unfavourable step	€ 479,337 Total debts 2025: € 479,337 ▼ 22% vs 2024 (€ 617,030) Favourable step	▼ 22%
Cash	€ 12,453 Cash 2022: € 12,453 First fiscal year in the series	€ 8,060 Cash 2023: € 8,060 ▼ 35% vs 2022 (€ 12,453) Unfavourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 8,060) Unfavourable step	€ 0 Cash 2025: € 0 Unchanged (€ 0) Unchanged
Retained profit	€ 15,541 Retained profit 2022: € 15,541 First fiscal year in the series	€ 16,617 Retained profit 2023: € 16,617 ▲ 7% vs 2022 (€ 15,541) Favourable step	€ 30,100 Retained profit 2024: € 30,100 ▲ 81% vs 2023 (€ 16,617) Favourable step	€ -9,672 Retained profit 2025: € -9,672 ▼ € 39,772 vs 2024 (€ 30,100) Unfavourable step	▼ € 39,772
Dividend	€ 8,000 Dividend 2022: € 8,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 8,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 78,942 Bank debt 2022: € 78,942 First fiscal year in the series	€ 57,573 Bank debt 2023: € 57,573 ▼ 27% vs 2022 (€ 78,942) Favourable step	€ 36,408 Bank debt 2024: € 36,408 ▼ 37% vs 2023 (€ 57,573) Favourable step	€ 14,663 Bank debt 2025: € 14,663 ▼ 60% vs 2024 (€ 36,408) Favourable step	▼ 60%
Balance sheet total	€ 226,906 Balance sheet total 2022: € 226,906 First fiscal year in the series	€ 332,219 Balance sheet total 2023: € 332,219 ▲ 46% vs 2022 (€ 226,906) Unchanged	€ 653,330 Balance sheet total 2024: € 653,330 ▲ 97% vs 2023 (€ 332,219) Unchanged	€ 475,865 Balance sheet total 2025: € 475,865 ▼ 27% vs 2024 (€ 653,330) Unchanged	▼ 27%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	2 Employees (FTE) 2023: 2 ▲ 1 vs 2022 (1) Unchanged	2 Employees (FTE) 2024: 2 Unchanged (2) Unchanged	-

Key figures of HOSE, 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 HOSE?

What happened at HOSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 39,772 (▼ € 53,254 vs 2024). filed late Source: NBB ↗
Jun 2, 2017 New establishment in Liège. KBO
Jun 2, 2017 Start of the company according to the CBE. KBO

In short

From € 9,037 profit in 2022 to € 39,772 loss in 2025.

Paid € 6,465 in corporate taxes since 2022.

Best year ever: 2024, with € 13,482 profit.

On average € 88,900 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

MIMOB 50%

SEMACO GD 40%

The stake of MIMOB, SEMACO GD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HOSE

Behind HOSE are INVEST MINGUET GESTION SA, Claude DI FRANCO, HORIZON CONSTRUCT SA and Jean-Claude GIERKENS. The shares are held by MIMOB (50%) and SEMACO GD (40%).

Directors

According to the 2025 annual accounts

INVEST MINGUET GESTION SA

Administrator-manager · represented by Florent Minguet

Also active at: LE CYGNE BLANC, ALL THERMIC SOLUTIONS, MARTINE & Co, LES VILLAS DE BALMORAL, FLY WIN, NEXT ENERGY, FLERON CONSTRUCT, HOLDING MINGUET MORTIER +10 more

Claude DI FRANCO

Administrator-manager

HORIZON CONSTRUCT SA

Managing director · represented by Laurent MINGUET

Also active at: ALL THERMIC SOLUTIONS, Invest Minguet Gestion, CHARL, Systèmes Photovoltaïques Wallons, MABOTTE, IMMOPLEIADES, DEMINA, NEXT ENERGY +12 more

Jean-Claude GIERKENS

Administrator-manager

Shareholders

MIMOB

50%

SEMACO GD

40%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Natalis 2

4020 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.

All companies at this address →

ALL THERMIC SOLUTIONS same network

€ 388,558 gross margin · 2025

Invest Minguet Gestion same network

€ 827,890 revenue · 2024

CHEVALIER

€ -1,619 gross margin · 2025

SYSTÈMES PHOTOVOLTAÏQUES

€ 25,497 gross margin · 2025

Systèmes Photovoltaïques Wallons same network

€ 1.9 million gross margin · 2025

+53 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

0676.531.448

VAT number

BE 0676.531.448

Registered office

Rue Natalis 2, 4020 Liège

Names & denominations

HOSE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 June 2017

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Markt- en opinieonderzoek

Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

HOSE

Warning lights

Financials

What happened to HOSE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions