Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Horizon 113 from Wavre, company number BE0758752509, closed financial year 2025 with a result of € -28,656 after tax. For that financial year Horizon 113 recorded a gross margin of € 66,913 and equity of € 113,195. Compared with financial year 2024, the result moved from € 63,839 to € -28,656. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 113,195
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,656
▼ still € 63,839 profit in 2024
Profit after tax over the fiscal year.
€ 28,336
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 110,195.
People and assets in 2025
€ 55,675
▼ 49% 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.
Debts at end 2025
€ 229,917
▼ 12% vs 2024
€ 13,192 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 5,113
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,007
▼ 93% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 166,816 | € 353,914 | € 224,124 | € 66,913 | ▼ 70% |
| Profit after taxes | € 66,159 | € 152,616 | € 63,839 | € -28,656 | ▼ € 92,495 |
| Equity | € 85,397 | € 158,012 | € 141,851 | € 113,195 | ▼ 20% |
| Total debts | € 87,151 | € 214,695 | € 471,936 | € 325,363 | ▼ 31% |
| Cash | € 52,440 | € 197,474 | € 108,132 | € 28,336 | ▼ 74% |
| Land & buildings | - | - | € 369,224 | € 359,353 | ▼ 3% |
| Retained profit | € 82,397 | € 155,012 | € 138,851 | € 110,195 | ▼ 21% |
| Dividend | € 0 | € 80,000 | € 80,000 | € 0 | ▼ 100% |
| Bank debt | € 13,351 | € 27,497 | € 261,657 | € 229,917 | ▼ 12% |
| Balance sheet total | € 172,547 | € 372,707 | € 613,787 | € 438,558 | ▼ 29% |
Key figures of Horizon 113, 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 Horizon 113?
What happened at Horizon 113 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,656 (▼ € 92,495 vs 2024). Source: NBB ↗
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,159 profit in 2022 to € 28,656 loss in 2025.
Paid € 97,833 in corporate taxes since 2022.
Best year ever: 2023, with € 152,616 profit.
Paid out € 160,000 in dividends to the owners in total.
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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
The stake of MAKE-IT-SMOOTH, Batelex comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Horizon 113Behind Horizon 113 are MAKE-IT-SMOOTH and Mathieu Jacob. The shares are held by MAKE-IT-SMOOTH (46.7%) and Batelex (46.7%).
Directors
According to the 2025 annual accounts
Director · represented by Mathieu Jacob
Mathieu Jacob
Associate
Shareholders
46.7%
46.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Lambert Fortune 75
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Hostinger Mail
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Network
Details
- Company number
- 0758.752.509
- VAT number
- BE 0758.752.509
- Registered office
- Rue Lambert Fortune 75, 1300 Wavre
- Names & denominations
- Horizon 113
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2020
- Peppol
- Active · Active since 27 Dec 2025
- Contact
- hotelec.be [email protected]
- Activities · NACE
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