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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GS HORIZON from Crisnée, company number BE0692530411, closed financial year 2025 with a result of € 30,996 after tax. For that financial year GS HORIZON recorded a gross margin of € 88,517 and equity of € 215,585. Compared with financial year 2024, the result moved from € 24,695 to € 30,996. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 215,585
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,996
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 48,177
▲ 4% 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 € -34,415.
People and assets in 2025
€ 37,099
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,600
▼ 11% vs 2024
€ 4,990 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 452
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,321
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,624 | € 40,497 | € 77,955 | € 88,517 | ▲ 14% |
| Profit after taxes | € -7,704 | € 3,443 | € 24,695 | € 30,996 | ▲ 26% |
| Equity | € 156,450 | € 159,894 | € 184,589 | € 215,585 | ▲ 17% |
| Total debts | € 225,690 | € 301,753 | € 269,515 | € 232,790 | ▼ 14% |
| Cash | € 14,759 | € 37,852 | € 46,493 | € 48,177 | ▲ 4% |
| Land & buildings | € 351,544 | € 355,604 | € 343,617 | € 332,541 | ▼ 3% |
| Retained profit | € -93,550 | € -90,106 | € -65,411 | € -34,415 | ▲ € 30,996 |
| Bank debt | € 56,043 | € 51,315 | € 46,501 | € 41,600 | ▼ 11% |
| Balance sheet total | € 382,141 | € 461,646 | € 454,104 | € 448,375 | ▼ 1% |
Key figures of GS HORIZON, 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 GS HORIZON?
What happened at GS HORIZON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,996 (▲ 26% vs 2024). Source: NBB ↗
- New establishment in Crisnée. KBO
- New establishment in Durbuy. KBO
- Start of the company according to the CBE. KBO
- Sylvie Renard became a director. NBB
- Gilles Fouarge became a director. NBB
In short
From € 7,704 loss in 2022 to € 30,996 profit in 2025.
Paid € 2,402 in corporate taxes since 2022.
Best year ever: 2025, with € 30,996 profit.
Management
Behind GS HORIZON are Sylvie Renard and Gilles Fouarge.
Directors
According to the 2025 annual accounts
Sylvie Renard
Director
since 2018
Gilles Fouarge
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Rue de Favray 30
4367 Crisnée
Tier del Creux (Tohogne) 23
6941 Durbuy
Active since 1 April 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0692.530.411
- VAT number
- BE 0692.530.411
- Registered office
- Rue de Favray 30, 4367 Crisnée
- Names & denominations
- GS HORIZON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2018
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
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