Active · per the CBE, 16 September 2026

HOSE

BE0676531448

Rechtspersoon Private limited company 1 establishment

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

Rue Natalis 2, 4020 Liège

Behind the company: INVEST MINGUET GESTION SA, Claude DI FRANCO, HORIZON CONSTRUCT SA, Jean-Claude GIERKENS.

Active for

9 year, 3 months

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.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 203,733 € 151,554 € 177,821 € 24,149 ▼ 86%
Profit after taxes € 9,037 € 1,076 € 13,482 € -39,772 ▼ € 53,254
Equity € 21,741 € 22,817 € 36,300 € -3,472 ▼ € 39,772
Total debts € 205,164 € 309,402 € 617,030 € 479,337 ▼ 22%
Cash € 12,453 € 8,060 € 0 € 0
Retained profit € 15,541 € 16,617 € 30,100 € -9,672 ▼ € 39,772
Dividend € 8,000 € 0 € 0 € 0
Bank debt € 78,942 € 57,573 € 36,408 € 14,663 ▼ 60%
Balance sheet total € 226,906 € 332,219 € 653,330 € 475,865 ▼ 27%
Employees (FTE) 1 2 2 -

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:

  • New annual accounts for financial year 2025: loss of € 39,772 (▼ € 53,254 vs 2024). filed late Source: NBB ↗
  • New establishment in Liège. KBO
  • 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 ↗

A new publication or filing at HOSE? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings 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%).

See the full network in the app

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

€ 711,106 revenue · 2024

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) ↗

Frequently asked questions

What does HOSE do?
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 (16 September 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.