Financials
Financial year 2025
HORECA FOODS from Brugge, company number BE0861594877, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year HORECA FOODS recorded revenue of € 28 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 2 million to € 1.7 million. The company is profitable. 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 July 13, 2026.
€ 6.4 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
59 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
36.4
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 7% vs 2024
€ 68,400 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.
Debts at end 2025
€ 1.1 million
▼ 16% vs 2024
€ 201,996 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.6 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 583,549
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,605,288 | € 28,092,877 | € 28,818,894 | € 27,957,331 | ▼ 3% |
| Profit after taxes | € 1,379,329 | € 2,040,837 | € 2,035,436 | € 1,688,315 | ▼ 17% |
| Equity | € 3,722,486 | € 4,663,323 | € 5,698,759 | € 6,387,074 | ▲ 12% |
| Total debts | € 5,349,459 | € 5,221,231 | € 4,729,691 | € 4,273,786 | ▼ 10% |
| Cash | € 1,005,332 | € 1,366,480 | € 950,169 | € 1,806,324 | ▲ 90% |
| Land & buildings | € 2,734,815 | € 2,636,321 | € 2,539,003 | € 2,442,330 | ▼ 4% |
| Retained profit | € 3,197,486 | € 4,138,323 | € 5,173,759 | € 5,862,074 | ▲ 13% |
| Dividend | € 1,000,000 | € 1,100,000 | € 1,000,000 | € 1,000,000 | |
| Bank debt | € 2,323,351 | € 1,901,430 | € 1,272,078 | € 1,071,089 | ▼ 16% |
| Balance sheet total | € 9,071,945 | € 9,884,554 | € 10,428,450 | € 10,660,859 | ▲ 2% |
| Employees (FTE) | 33.8 | 35.4 | 34.8 | 36.4 | ▲ 1.6 |
Key figures of HORECA FOODS, 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 HORECA FOODS?
What happened at HORECA FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 17% vs 2024). Source: NBB ↗
- TSDP BV became a director. NBB
- De Prest BV became a director. NBB
- New establishment in Oostende. KBO
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
Paid out € 4.1 million 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 TSDP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HORECA FOODSBehind HORECA FOODS are TSDP BV and De Prest BV. The shares are held by TSDP (24%).
Directors
According to the 2025 annual accounts
Director · represented by Thibault De Prest
since 2024
Director · represented by Dirk De Prest
since 2019
Shareholders
24%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jacob van Arteveldestraat 13
8000 Brugge
Brugsesteenweg 40
8400 Oostende
Active since 1 July 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0861.594.877
- VAT number
- BE 0861.594.877
- Registered office
- Jacob van Arteveldestraat 13, 8000 Brugge
- Names & denominations
- HORECA FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2003
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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