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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HORTIVAM from Sint-Katelijne-Waver, company number BE0874257931, closed financial year 2025 with a result of € -153,521 after tax. For that financial year HORTIVAM recorded a gross margin of € -24,537 and equity of € 26,016. Compared with financial year 2024, the result moved from € 10,425 to € -153,521. The company made a loss. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 26,016
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,521
▼ still € 10,425 profit in 2024
Profit after tax over the fiscal year.
€ 9,360
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7,416.
People and assets in 2025
€ 263,817
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 710,011
▲ 52% vs 2024
€ 68,208 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 14,262
▲ € 12,826 vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,536 | € 135,630 | € 88,012 | € -24,537 | ▼ € 112,549 |
| Profit after taxes | € 68,732 | € 69,991 | € 10,425 | € -153,521 | ▼ € 163,946 |
| Equity | € 99,120 | € 169,111 | € 179,537 | € 26,016 | ▼ 86% |
| Total debts | € 441,131 | € 423,103 | € 557,851 | € 841,182 | ▲ 51% |
| Cash | € 91,465 | € 105,646 | € 97,352 | € 9,360 | ▼ 90% |
| Land & buildings | € 91,742 | € 88,554 | € 81,583 | € 399,728 | ▲ € 318,145 |
| Retained profit | € 80,520 | € 150,511 | € 160,937 | € 7,416 | ▼ 95% |
| Bank debt | € 324,274 | € 331,877 | € 466,392 | € 710,011 | ▲ 52% |
| Balance sheet total | € 540,251 | € 592,214 | € 737,387 | € 867,198 | ▲ 18% |
Key figures of HORTIVAM, 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 HORTIVAM?
What happened at HORTIVAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 153,521 (▼ € 163,946 vs 2024). Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,732 profit in 2022 to € 153,521 loss in 2025.
Paid € 63,044 in corporate taxes since 2022.
Best year ever: 2023, with € 69,991 profit.
A new publication or filing at HORTIVAM? We notify you, reason included.
Follow HORTIVAMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 HORTIVAM are Michel Van Asch and Geert Maes. Michel Van Asch is also behind G.V.A. Engineering.
Directors
According to the 2025 annual accounts
Geert Maes
Director
Establishments
Establishment units
Physical locations of this company
Lozenhoek 8/A
2860 Sint-Katelijne-Waver
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0874.257.931
- VAT number
- BE 0874.257.931
- Registered office
- Lozenhoek 8/A, 2860 Sint-Katelijne-Waver
- Names & denominations
- HORTIVAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2005
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- brandhoutmichel.be [email protected]
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten
Groenteteelt
Bosbouw en bosbouwactiviteiten
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Teelt van groenten, meloenen en wortel- en knolgewassen