DEN HOORN
ActiveSummary
DEN HOORN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.58M and a net result of €368k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+3
Solvency64▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.49 in 2024; short-term debt: 18.3% and cash: 0.4% of total assets), and 61.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.8%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
44 d early
2023
27 d early
2022
61 d early
2021
44 d early
2020
33 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10.58M▲ 8.6%
2024 · €9.74M
2018: €3.16M
2019: €3.67M
2020: €3.41M
2021: €4.27M
2022: €4.63M
2023: €4.62M
2024: €9.74M
2018 → 2025
Total assets
€27.23M▲ 3.2%
2024 · €26.40M
2018: €9.69M
2019: €18.21M
2020: €18.69M
2021: €19.49M
2022: €22.20M
2023: €21.51M
2024: €26.40M
2018 → 2025
Net result
€368k▲ 137%
2024 · €156k
2018: €107k
2019: €-176k
2020: €-219k
2021: €142k
2022: €389k
2023: €25k
2024: €156k
2018 → 2025
Working capital
€-1.26M▲ 44.1%
2024 · €-2.25M
2018: €-300k
2019: €-2.40M
2020: €-1.71M
2021: €-857k
2022: €-2.94M
2023: €-2.97M
2024: €-2.25M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.27M-€4.63M▲ 8.3%€4.62M▼ 0.2%€9.74M▲ 111%€10.58M▲ 8.6%
Operating result€399k-€697k▲ 74.5%€466k▼ 33.2%€598k▲ 28.5%€628k▲ 4.9%
Net result€142k-€389k▲ 175%€25k▼ 93.7%€156k▲ 531%€368k▲ 137%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.23M
Fixed assets
€23.50M ▼ 3.1%
Current assets
€3.74M ▲ 74.2%
Equity and liabilities €27.23M
Equity
€10.58M ▲ 8.6%
Debt
€16.66M =
Debt's share of the balance-sheet total falls from 63.1% to 61.2%. Equity is higher.
Key figures and ratios
EBITDA
€1.34M▲
2024 · €1.32M
Cash flow
€1.09M▲
2024 · €873k
Current ratio
0.75▲
2024 · 0.49
Debt to equity
1.58▼
2024 · 1.71
ROE
3.5%▲
2024 · 1.6%
ROA
1.4%▲
2024 · 0.6%
Interest coverage
2.88▲
2024 · 2.62
Debt ≤ 1 year
€5.00M▲
2024 · €4.40M
Debt > 1 year
€11.64M▼
2024 · €12.26M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26.40M€27.23M▲
Fixed assets21/28€24.25M€23.50M▼
Tangible fixed assets22/27€13.86M€13.19M▼
Land and buildings22€13.33M€12.68M▼
Plant, machinery and equipment23€12k€21k▲
Furniture and vehicles24€522k€494k▼
Financial fixed assets28€10.39M€10.30M▼
Current assets29/58€2.15M€3.74M▲
Amounts receivable within one year40/41€2.13M€1.47M▼
Trade receivables40€688k€68k▼
Other amounts receivable41€1.44M€1.40M▼
Current investments50/53€6k€2.15M▲
Cash at bank and in hand54/58€0€99k▲
Deferred charges and accrued income490/1€11k€17k▲
Equity and liabilities
Total equity and liabilities10/49€26.40M€27.23M▲
Equity10/15€9.74M€10.58M▲
Contributions10/11€9.94M€10.44M▲
Capital10€9.94M€10.44M▲
Issued capital100€9.94M€10.44M▲
Profit (loss) carried forward14€-904k€-536k▲
Investment grants15€701k€668k▼
Amounts payable17/49€16.66M€16.66M=
Amounts payable after more than one year17€12.26M€11.64M▼
Financial debts170/4€10.47M€9.85M▼
Other amounts payable178/9€1.79M€1.79M=
Amounts payable within one year42/48€4.40M€5.00M▲
Current portion of amounts payable after more than one year42€607k€620k▲
Financial debts43€2.69M€2.55M▼
Credit institutions430/8€2.69M€2.55M▼
Trade debts44€476k€412k▼
Suppliers440/4€476k€412k▼
Advances received on contracts in progress46-€125k
Taxes, remuneration and social security45€0€49k▲
Taxes450/3€0€49k▲
Other amounts payable47/48€626k€1.24M▲
Accrued charges and deferred income492/3€2k€26k▲
Income statement
Code20242025
Non-recurring operating income76A€0€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€717k€717k=
Other operating charges640/8€137k€153k▲
Gross operating margin9900€1.45M€1.50M▲
Operating profit (loss)9901€598k€628k▲
Financial income75/76B€60k€208k▲
Recurring financial income75€60k€133k▲
Non-recurring financial income76B-€75k
Financial charges65/66B€503k€467k▼
Recurring financial charges65€503k€467k▼
Profit (loss) for the period before taxes9903€156k€368k▲
Profit (loss) for the period9904€156k€368k▲
Profit (loss) for the period to be appropriated9905€156k€368k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-904k€-536k▲
Profit (loss) brought forward from the previous period14P€-1.06M€-904k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €10MEq €10.58M ▲8.6%
5 profitable years in a row build equity to €10.58M.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €5MEq €9.74M ▲111%
4 profitable years in a row build equity to €9.74M.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €389k ▲175%
Operating result €697k, net result €389k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €142k
Net result €142k after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-219k
Net result drops to €-219k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sluisstraat 793000 LeuvenGround area
1,959 m²
Parcel 24062A0176/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Den Hoorn
since 20072.168.883.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A0176/00P000 | Flanders | 1,959 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 17,546 EUR awarded · 10,324 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,222 EUR | 10,324 EUR |
| 2024 | 1 | 10,324 EUR | 0 EUR |
Schemes
Onderzoekspremie voor beschermde monumenten en landschappen
Recognitions · licences · registrations
Legal Entity Identifier
5493002SQF1KKUF5GS71
Similar companies · same sector, comparable size
Euro-Fitting Invoicing
BE 0862.157.477
Gent · Eq €10.61M
CHIMAY - GESTION
BE 0417.346.062
Chimay · Eq €10.40M
DE FAKL
BE 0829.519.353
Ravels · Eq €10.39M
CETRACO
BE 0416.594.016
Antwerpen · Eq €10.34M
EERSELS
BE 0740.592.426
Heist-op-den-Berg · Eq €10.89M
Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
64210Activities of holding companies
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.