Financials
Financial year 2025
Horeca 38 from Hasselt, company number BE0883154811, closed financial year 2025 with a result of € 13,372 after tax. For that financial year Horeca 38 recorded a gross margin of € 429,600 and equity of € 596,175. Compared with financial year 2024, the result moved from € 33,502 to € 13,372. 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 June 30, 2026.
€ 596,175
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,372
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 189,565
▼ 17% 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 € 577,575.
People and assets in 2025
7.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 340,763
▲ 6% vs 2024
€ 46,000 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.
€ 8,341
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 133,180
▲ 70% vs 2024
€ 21,479 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 59,976
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,804
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 410,067 | € 473,509 | € 432,019 | € 429,600 | ▼ 1% |
| Profit after taxes | € 95,069 | € 73,032 | € 33,502 | € 13,372 | ▼ 60% |
| Equity | € 476,269 | € 549,301 | € 582,803 | € 596,175 | ▲ 2% |
| Total debts | € 287,802 | € 202,142 | € 223,331 | € 252,011 | ▲ 13% |
| Cash | € 83,669 | € 210,528 | € 228,885 | € 189,565 | ▼ 17% |
| Land & buildings | € 141,922 | € 132,805 | € 123,879 | € 118,778 | ▼ 4% |
| Retained profit | € 457,669 | € 530,701 | € 564,203 | € 577,575 | ▲ 2% |
| Bank debt | € 130,626 | € 89,571 | € 78,346 | € 133,180 | ▲ 70% |
| Balance sheet total | € 764,071 | € 751,443 | € 806,134 | € 848,186 | ▲ 5% |
| Employees (FTE) | 5.8 | 7.5 | 7.1 | 7.4 | ▲ 0.3 |
Key figures of Horeca 38, 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 38?
What happened at Horeca 38 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,372 (▼ 60% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 95,069 profit in 2022 to € 13,372 profit in 2025.
Paid € 78,039 in corporate taxes since 2022.
Best year ever: 2022, with € 95,069 profit.
On average € 58,100 of value added per employee in 2025.
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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
Behind Horeca 38 are David Abeck and Dsa. The same people are also behind Horeca 44.
Establishments
Establishment units
Physical locations of this company
Kolonel Dusartplein 38
3500 Hasselt
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
- 0883.154.811
- VAT number
- BE 0883.154.811
- Registered office
- Kolonel Dusartplein 38, 3500 Hasselt
- Names & denominations
- Horeca 38
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Cafés en bars
Cafés