What does HORS Holding do?

HORS Holding is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 5 July 2017, 1 establishment.

What is the address of HORS Holding?

The registered office of HORS Holding is located at Weidestraat 273, 8310 Brugge.

Is HORS Holding still active?

Yes. According to the CBE (30 October 2026) HORS Holding is active, legal situation “Normale toestand”, started on 5 July 2017.

Is HORS Holding registered on Peppol?

Yes, HORS Holding is registered on the Peppol network with ID 0208:0677913402.

What is the enterprise number of HORS Holding?

The enterprise number of HORS Holding is BE0677913402.

When was HORS Holding founded?

HORS Holding was founded on 5 July 2017.

Who are the directors of HORS Holding?

According to the 2025 annual accounts, the directors of HORS Holding are: Henrik Stadsing.

Is HORS Holding a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 July 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did HORS Holding make in 2025?

HORS Holding posted a profit after taxes of € 881,903 in financial year 2025.

What is the revenue of HORS Holding?

As a small company, HORS Holding is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -30,590.

HORS Holding (Private Limited) - Brugge - BE0677913402

Dossier HORS Holding, printed on 30 October 2026 from databakkes.be/en/0677913402/hors-holding. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HORS Holding from Brugge, company number BE0677913402, closed financial year 2025 with a result of € 881,903 after tax. For that financial year HORS Holding recorded a gross margin of € -30,590 and equity of € 4 million. Compared with financial year 2024, the result moved from € 1.3 million to € 881,903. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Healthy

€ 4 million

▼ 47% vs 2024

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

Profit Healthy

€ 881,903

▼ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▲ 13% vs 2024

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

Where the profit goes Pays out

€ 4.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 161,886

▲ € 132,796 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 126,099

€ 27,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1,173

▼ 24% vs 2024

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

Taxes

€ 206,100

▲ 74% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 34,808 Gross margin 2022: € 34,808 First fiscal year in the series	€ -63,095 Gross margin 2023: € -63,095 ▼ € 97,903 vs 2022 (€ 34,808) Unfavourable step	€ 24,000 Gross margin 2024: € 24,000 ▲ € 87,095 vs 2023 (€ -63,095) Favourable step	€ -30,590 Gross margin 2025: € -30,590 ▼ € 54,590 vs 2024 (€ 24,000) Unfavourable step	▼ € 54,590
Profit after taxes	€ 1,242,771 Profit after taxes 2022: € 1,242,771 First fiscal year in the series	€ -339,541 Profit after taxes 2023: € -339,541 ▼ € 1.6 million vs 2022 (€ 1,242,771) Unfavourable step	€ 1,285,824 Profit after taxes 2024: € 1,285,824 ▲ € 1.6 million vs 2023 (€ -339,541) Favourable step	€ 881,903 Profit after taxes 2025: € 881,903 ▼ 31% vs 2024 (€ 1,285,824) Unfavourable step	▼ 31%
Equity	€ 6,697,247 Equity 2022: € 6,697,247 First fiscal year in the series	€ 6,357,706 Equity 2023: € 6,357,706 ▼ 5% vs 2022 (€ 6,697,247) Unfavourable step	€ 7,643,530 Equity 2024: € 7,643,530 ▲ 20% vs 2023 (€ 6,357,706) Favourable step	€ 4,044,007 Equity 2025: € 4,044,007 ▼ 47% vs 2024 (€ 7,643,530) Unfavourable step	▼ 47%
Total debts	€ 214,075 Total debts 2022: € 214,075 First fiscal year in the series	€ 148,867 Total debts 2023: € 148,867 ▼ 30% vs 2022 (€ 214,075) Favourable step	€ 146,256 Total debts 2024: € 146,256 ▼ 2% vs 2023 (€ 148,867) Favourable step	€ 359,737 Total debts 2025: € 359,737 ▲ 146% vs 2024 (€ 146,256) Unfavourable step	▲ 146%
Cash	€ 78,178 Cash 2022: € 78,178 First fiscal year in the series	€ 1,532,544 Cash 2023: € 1,532,544 ▲ € 1.5 million vs 2022 (€ 78,178) Favourable step	€ 1,250,068 Cash 2024: € 1,250,068 ▼ 18% vs 2023 (€ 1,532,544) Unfavourable step	€ 1,408,378 Cash 2025: € 1,408,378 ▲ 13% vs 2024 (€ 1,250,068) Favourable step	▲ 13%
Land & buildings	€ 784,793 Land & buildings 2022: € 784,793 First fiscal year in the series	€ 770,562 Land & buildings 2023: € 770,562 ▼ 2% vs 2022 (€ 784,793) Unchanged	€ 730,583 Land & buildings 2024: € 730,583 ▼ 5% vs 2023 (€ 770,562) Unchanged	€ 696,815 Land & buildings 2025: € 696,815 ▼ 5% vs 2024 (€ 730,583) Unchanged	▼ 5%
Retained profit	€ 6,677,075 Retained profit 2022: € 6,677,075 First fiscal year in the series	€ 6,337,534 Retained profit 2023: € 6,337,534 ▼ 5% vs 2022 (€ 6,677,075) Unfavourable step	€ 7,623,358 Retained profit 2024: € 7,623,358 ▲ 20% vs 2023 (€ 6,337,534) Favourable step	€ 4,023,835 Retained profit 2025: € 4,023,835 ▼ 47% vs 2024 (€ 7,623,358) Unfavourable step	▼ 47%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 4,481,425 Dividend 2025: € 4,481,425 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 126,099 Bank debt 2025: € 126,099 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 6,911,322 Balance sheet total 2022: € 6,911,322 First fiscal year in the series	€ 6,506,573 Balance sheet total 2023: € 6,506,573 ▼ 6% vs 2022 (€ 6,911,322) Unchanged	€ 7,789,786 Balance sheet total 2024: € 7,789,786 ▲ 20% vs 2023 (€ 6,506,573) Unchanged	€ 4,403,744 Balance sheet total 2025: € 4,403,744 ▼ 43% vs 2024 (€ 7,789,786) Unchanged	▼ 43%

Key figures of HORS Holding, 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 HORS Holding?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 881,903 (▼ 31% vs 2024). filed late Source: NBB ↗
Jul 5, 2017 New establishment in Brugge. KBO
Jul 5, 2017 Start of the company according to the CBE. KBO
2017 Henrik Stadsing became a director. NBB

In short

From € 1.2 million profit in 2022 to € 881,903 profit in 2025.

Paid € 350,034 in corporate taxes since 2022.

Best year ever: 2024, with € 1.3 million profit.

Paid out € 4.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Henrik Stadsing

HORS Holding

Brdr. Kors & Hors ApS 50%

Behind HORS Holding is Henrik Stadsing. It owns 50% of Brdr. Kors & Hors ApS itself.

Directors

According to the 2025 annual accounts

Henrik Stadsing

Director

Also active at: FREMTIDEN

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Weidestraat 273

8310 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

ELISABETH

€ 626,843 gross margin · 2025

FREMTIDEN same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0677.913.402

VAT number

BE 0677.913.402

Registered office

Weidestraat 273, 8310 Brugge

Names & denominations

HORS Holding

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

5 July 2017

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van hoofdkantoren

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

HORS Holding

Financials

What happened to HORS Holding?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions