Financials
Financial year 2025
HORECA DISTRIBUTION from Mouscron, company number BE0864416884, closed financial year 2025 with a result of € 94,251 after tax. For that financial year HORECA DISTRIBUTION recorded a gross margin of € 179,125 and equity of € 470,065. Compared with financial year 2024, the result moved from € 136,619 to € 94,251. 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 December 22, 2025.
€ 470,065
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,251
▼ 31% vs 2024
Profit after tax over the fiscal year.
€ 37,828
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
95 % of the profit went to the shareholders, mostly to MGRQ - INVEST (99 % of the shares). That is where the money ends up.
People and assets in 2025
2.4
Average over the fiscal year, from the social balance sheet.
€ 72,350
▲ 39% vs 2024
€ 30,100 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
€ 17,294
Loans from banks and other lenders, long and short.
€ 88,214
▲ 149% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,813
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 157,062 | € 162,278 | € 202,857 | € 179,125 | ▼ 12% |
| Profit after taxes | € 105,386 | € 60,804 | € 136,619 | € 94,251 | ▼ 31% |
| Equity | € 355,992 | € 416,795 | € 465,814 | € 470,065 | ▲ 1% |
| Total debts | € 29,253 | € 66,675 | € 163,073 | € 205,424 | ▲ 26% |
| Cash | € 174,529 | € 76,418 | € 52,430 | € 37,828 | ▼ 28% |
| Retained profit | € 349,792 | € 410,595 | € 447,214 | € 451,465 | ▲ 1% |
| Dividend | € 0 | € 0 | € 100,000 | € 90,000 | ▼ 10% |
| Bank debt | € 17,294 | € 17,294 | € 17,294 | € 17,294 | |
| Balance sheet total | € 385,244 | € 483,470 | € 628,887 | € 675,490 | ▲ 7% |
| Employees (FTE) | 2.3 | 2.3 | 2.4 | 2.4 |
Key figures of HORECA DISTRIBUTION, 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 January 2027.
What happened to HORECA DISTRIBUTION?
What happened at HORECA DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,251 (▼ 31% vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- MGRQ-INVEST SA became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,386 profit in 2022 to € 94,251 profit in 2025.
Paid € 8,675 in corporate taxes since 2022.
Best year ever: 2024, with € 136,619 profit.
On average € 74,600 of value added per employee in 2025.
Management
The stake of MGRQ - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HORECA DISTRIBUTIONBehind HORECA DISTRIBUTION is MGRQ-INVEST SA. The shares are held by MGRQ - INVEST (99.5%).
Directors
According to the 2025 annual accounts
Director · represented by Christian Facon
Also active at: ETABLISSEMENTS GORTS FRERES, BROUWERIJ FACON
since 2004
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brouwersstraat 44
7700 Mouscron
Kwabrugstraat(Bel) 25
8510 Kortrijk
Active since 31 March 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0864.416.884
- VAT number
- BE 0864.416.884
- Registered office
- Brouwersstraat 44, 7700 Mouscron
- Names & denominations
- HORECA DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2004
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Cafés en bars
Cafés
Groothandel in dranken
Groothandel in dranken, algemeen assortiment
Detailhandel in dranken, algemeen assortiment