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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Horecatoppers from Bornem, company number BE0681731638, closed financial year 2025 with a result of € 99,200 after tax. For that financial year Horecatoppers recorded a gross margin of € 1.4 million and equity of € -204,878. Compared with financial year 2024, the result moved from € -346,670 to € 99,200. Profitable, and profit is growing. 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 March 28, 2026.
€ -204,878
▲ € 99,200 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,200
▲ still € 346,670 loss in 2024
Profit after tax over the fiscal year.
€ 6,330
▼ 95% 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 € -224,878.
People and assets in 2025
28.6
▲ 6.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 16% vs 2024
€ 37,000 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.
€ 103,450
▼ 16% vs 2024
Of which on lease € 16,564.
Debts at end 2025
€ 128,861
▼ 12% vs 2024
€ 18,665 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 694,762
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 226,333
▲ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 625,754 | € 1,047,129 | € 722,685 | € 1,371,198 | ▲ 90% |
| Profit after taxes | € -136,287 | € 118,469 | € -346,670 | € 99,200 | ▲ € 445,870 |
| Equity | € -75,877 | € 42,592 | € -304,078 | € -204,878 | ▲ € 99,200 |
| Total debts | € 594,284 | € 612,619 | € 1,318,770 | € 1,177,552 | ▼ 11% |
| Cash | € 15,847 | € 125,210 | € 127,084 | € 6,330 | ▼ 95% |
| Retained profit | € -95,877 | € 22,592 | € -324,078 | € -224,878 | ▲ € 99,200 |
| Bank debt | € 303,775 | € 168,925 | € 146,716 | € 128,861 | ▼ 12% |
| Balance sheet total | € 518,408 | € 655,211 | € 1,014,691 | € 972,674 | ▼ 4% |
| Employees (FTE) | 19.2 | 24.9 | 22 | 28.6 | ▲ 6.6 |
Key figures of Horecatoppers, 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 Horecatoppers?
What happened at Horecatoppers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Sint-Niklaas. KBO
- New annual accounts for financial year 2025: profit of € 99,200. Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
- Axel Van Steenbergen became a director. NBB
In short
From € 136,287 loss in 2022 to € 99,200 profit in 2025.
Paid € 892 in corporate taxes since 2022.
Best year ever: 2023, with € 118,469 profit.
On average € 47,900 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
Behind Horecatoppers is Axel Van Steenbergen. Axel Van Steenbergen is also behind Skaldu.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Klein-Mechelen(BOR) 18B-30
2880 Bornem
Klein-Mechelen(BOR) 18B box unit 7
2880 Bornem
Active since 17 November 2023
Brokkelingenstraat 12
9100 Sint-Niklaas
Active since 1 April 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.731.638
- VAT number
- BE 0681.731.638
- Registered office
- Klein-Mechelen(BOR) 18B-30, 2880 Bornem
- Names & denominations
- Horecatoppers · HT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 2017
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen