Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HORECA FOOT from Gent, company number BE0897467556, closed financial year 2025 with a result of € -199,794 after tax. For that financial year HORECA FOOT recorded revenue of € 7.3 million and equity of € -2.7 million. Compared with financial year 2024, the result moved from € 814,990 to € -199,794. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2026.
€ -2.7 million
▼ € 199,794 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -199,794
▼ still € 814,990 profit in 2024
Profit after tax over the fiscal year.
€ 237,871
▲ € 185,073 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
People and assets in 2025
12
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 798,033
▲ 30% vs 2024
€ 66,500 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.
€ 237,976
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.3 million
▼ 4% vs 2024
€ 499,063 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 1.9 million
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 107 days on average.
€ 89,041
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,306,363 | € 7,505,027 | € 7,839,964 | € 7,299,156 | ▼ 7% |
| Profit after taxes | € -1,293,862 | € -787,919 | € 814,990 | € -199,794 | ▼ € 1 million |
| Equity | € -2,515,937 | € -3,303,855 | € -2,488,865 | € -2,688,659 | ▼ € 199,794 |
| Total debts | € 14,416,140 | € 14,227,561 | € 13,491,330 | € 13,714,957 | ▲ 2% |
| Cash | € 120,467 | € 59,518 | € 52,798 | € 237,871 | ▲ € 185,073 |
| Land & buildings | € 7,893,373 | € 7,703,919 | € 7,508,765 | € 7,313,698 | ▼ 3% |
| Retained profit | € -2,515,937 | € -3,860,855 | € -3,045,865 | € -3,245,659 | ▼ € 199,794 |
| Bank debt | € 10,597,864 | € 10,159,716 | € 9,720,614 | € 9,338,769 | ▼ 4% |
| Balance sheet total | € 11,900,203 | € 10,923,706 | € 11,002,465 | € 11,026,298 | |
| Employees (FTE) | 15 | 13.4 | 13.8 | 12 | ▼ 1.8 |
Key figures of HORECA FOOT, 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 FOOT?
What happened at HORECA FOOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 199,794 (▼ € 1 million vs 2024). filed late Source: NBB ↗
- Koninklijke Athletiekassociatie Gent Voetbalafdeling became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million loss in 2022 to € 199,794 loss in 2025.
Paid € 6,103 in corporate taxes since 2022.
Best year ever: 2024, with € 814,990 profit.
Pays suppliers within 107 days on average.
A new publication or filing at HORECA FOOT? We notify you, reason included.
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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 FOOT is Koninklijke Athletiekassociatie Gent Voetbalafdeling. The shares are held by KAA Gent NV (93%) and KAA Gent Management NV in vereffening (7%).
Directors
According to the 2025 annual accounts
Koninklijke Athletiekassociatie Gent Voetbalafdeling
Director · represented by Samuel Baro
Also active at: ARTEVELDE-STADION
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling same network
€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management same network
€ 136,551 gross margin · 2025
+46 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.467.556
- VAT number
- BE 0897.467.556
- Registered office
- Ottergemsesteenweg-Zuid 808, 9000 Gent
- Names & denominations
- HORECA FOOT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2008
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen