Financials
Financial year 2025
HORES from Oosterzele, company number BE0896005925, closed financial year 2025 with a result of € 227,878 after tax. For that financial year HORES recorded a gross margin of € 986,489 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 317,209 to € 227,878. 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 25, 2026.
€ 2.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 227,878
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 568,560
▲ 256% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 211,000 paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.5
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 441,049
▲ 10% vs 2024
€ 80,200 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.
€ 42,001
▲ 199% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 11% vs 2024
€ 314,640 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 73,110
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 139,063
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 752,657 | € 900,536 | € 1,087,278 | € 986,489 | ▼ 9% |
| Profit after taxes | € 233,090 | € 278,563 | € 317,209 | € 227,878 | ▼ 28% |
| Equity | € 1,634,169 | € 1,912,732 | € 2,229,941 | € 2,246,819 | ▲ 1% |
| Total debts | € 2,373,300 | € 2,692,505 | € 2,285,300 | € 3,048,577 | ▲ 33% |
| Cash | € 45,661 | € 121,653 | € 159,927 | € 568,560 | ▲ 256% |
| Land & buildings | € 1,978,161 | € 1,866,423 | € 1,756,661 | € 1,737,062 | ▼ 1% |
| Retained profit | € 1,621,769 | € 1,900,332 | € 2,217,541 | € 2,234,419 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 211,000 | |
| Bank debt | € 1,699,437 | € 1,851,454 | € 1,402,550 | € 1,254,653 | ▼ 11% |
| Balance sheet total | € 4,007,470 | € 4,605,237 | € 4,515,241 | € 5,295,396 | ▲ 17% |
| Employees (FTE) | 4.8 | 5.4 | 6.4 | 5.5 | ▼ 0.9 |
Key figures of HORES, 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 HORES?
What happened at HORES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 227,878 (▼ 28% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Antwerpen. KBO
- Niña Van den Bosch became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- New establishment in Sint-Martens-Latem. KBO
In short
From € 233,090 profit in 2022 to € 227,878 profit in 2025.
Paid € 505,030 in corporate taxes since 2022.
Best year ever: 2024, with € 317,209 profit.
On average € 179,400 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 HORES is Niña Van den Bosch. The shares are held by Niña Van den Bosch.
Directors
According to the 2025 annual accounts
since 2023
Shareholders
Niña Van den Bosch · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leenstraat 4
9860 Oosterzele
Latemstraat 6-8
9830 Sint-Martens-Latem
Active since 21 February 2008
Zeedijk-Knokke 697c
8300 Knokke-Heist
Active since 1 January 2014
Latemstraat 5
9830 Sint-Martens-Latem
Active since 1 January 2016
Noordzandstraat 16
8000 Brugge
Active since 2 January 2026
Oever 19
2000 Antwerpen
Active since 2 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.005.925
- VAT number
- BE 0896.005.925
- Registered office
- Leenstraat 4, 9860 Oosterzele
- Names & denominations
- HORES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2008
- Peppol
- Active · Active since 12 May 2025
- Contact
- 09.335.06.33
- Activities · NACE
Detailhandel in antiquiteiten
Detailhandel in cultuur- en recreatieartikelen, neg
Activiteiten van interieurarchitecten
Organisatie van congressen en beurzen