Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HORUBA from Meise, company number BE1009912926, closed financial year 2025 with a result of € -6,141 after tax. For that financial year HORUBA recorded a gross margin of € 36,263 and equity of € -24,752. Compared with financial year 2024, the result moved from € -58,611 to € -6,141. 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 June 12, 2026.
€ -24,752
▼ € 6,141 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,141
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,796
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64,752.
People and assets in 2025
€ 36,123
▲ € 35,190 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 410,177
▲ 4% vs 2024
€ 20,687 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 4,023
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,328
▼ 85% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 5,338 | € 36,263 | ▲ € 30,926 |
| Profit after taxes | € -58,611 | € -6,141 | ▲ € 52,470 |
| Equity | € -18,611 | € -24,752 | ▼ € 6,141 |
| Total debts | € 614,017 | € 625,992 | ▲ 2% |
| Cash | € 12,096 | € 10,796 | ▼ 11% |
| Land & buildings | € 395,013 | € 385,316 | ▼ 2% |
| Retained profit | € -58,611 | € -64,752 | ▼ € 6,141 |
| Bank debt | € 394,276 | € 410,177 | ▲ 4% |
| Balance sheet total | € 595,406 | € 601,240 | ▲ 1% |
Key figures of HORUBA, fiscal years 2024 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 HORUBA?
What happened at HORUBA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,141. Source: NBB ↗
- New establishment in Meise. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,611 loss in 2024 to € 6,141 loss in 2025.
Paid € 142 in corporate taxes since 2024.
Management
Behind HORUBA is Ariane Storme. Ariane Storme is also behind Koninklijke Waregemse Koersvereniging, B.S.I., VIERWINDEN and KISANY Social Enterprise.
Directors
According to the 2025 annual accounts
Ariane Storme
Director
Also active at: Koninklijke Waregemse Koersvereniging, B.S.I., VIERWINDEN, KISANY Social Enterprise
Establishments
Establishment units
Physical locations of this company
Meusegemstraat 44
1861 Meise
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
- 1009.912.926
- VAT number
- BE 1009.912.926
- Registered office
- Meusegemstraat 44, 1861 Meise
- Names & denominations
- HORUBA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2024
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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