Horeca 38
Horeca 38 has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €583k and a net result of €34k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 2925 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
| Equity | €583k |
| Net result | €34k |
| Staff (FTE) | 7.1 |
| Better than sector | 87% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 72.3% | 32.6% | |
| Net result | €34k | €26k | |
| Equity | €583k | €140k | |
| Gross operating margin | €432k | €395k | |
| Staff costs | €322k | €299k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €96k | €148k | €181k | €238k |
| Net profit | €34k | €73k | €95k | €172k |
| Cash flow | €76k | €114k | €135k | €230k |
| Staff costs | €322k | €316k | €219k | €107k |
| Income taxes | €12k | €25k | €37k | €43k |
| Dividends | - | - | - | - |
| Total assets | €806k | €751k | €764k | €608k |
| Equity | €583k | €549k | €476k | €381k |
| Debt | €223k | €202k | €288k | €227k |
| of which ≤ 1y | €156k | €123k | €194k | €113k |
| of which > 1y | €67k | €78k | €90k | €101k |
| Working capital | €395k | €385k | €291k | €200k |
| Employees (FTE) | 7.1 | 7.5 | 5.8 | 4.6 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 3.53 | 4.14 | 2.50 | 2.78 |
| Quick ratio | 3.42 | 4.05 | 2.43 | 2.71 |
| Working capital ratio | 49.0% | 51.2% | 38.1% | 32.9% |
| Solvency | 72.3% | 73.1% | 62.3% | 62.7% |
| Debt / equity | 0.38 | 0.37 | 0.60 | 0.59 |
| Long-term debt ratio | 0.11 | 0.14 | 0.19 | 0.26 |
| Interest coverage | 10.81 | 16.18 | 20.39 | 29.08 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 4.2% | 9.7% | 12.4% | 28.3% |
| ROE | 5.7% | 13.3% | 20.0% | 45.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €806k | €751k | €764k | €608k |
| Fixed assets | 21/28 | €255k | €244k | €279k | €295k |
| Tangible fixed assets | 22/27 | €254k | €243k | €278k | €294k |
| Financial fixed assets | 28 | €412 | €1k | €1k | €1k |
| Current assets | 29/58 | €551k | €508k | €485k | €313k |
| Stocks & contracts in progress | 3 | €17k | €10k | €13k | €8k |
| Amounts receivable within one year | 40/41 | €302k | €280k | €379k | €149k |
| Cash & bank | 54/58 | €229k | €211k | €84k | €157k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €806k | €751k | €764k | €608k |
| Equity | 10/15 | €583k | €549k | €476k | €381k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €564k | €531k | €458k | €363k |
| Amounts payable | 17/49 | €223k | €202k | €288k | €227k |
| Amounts payable after one year | 17 | €67k | €78k | €90k | €101k |
| Amounts payable within one year | 42/48 | €156k | €123k | €194k | €113k |
| Trade debts payable within one year | 44 | €105k | €61k | €102k | €80k |
| Income statement | |||||
| Gross operating margin | 9900 | €432k | €474k | €410k | €351k |
| Operating result | 9901 | €53k | €107k | €141k | €180k |
| Financial income | 75 | €2k | €497 | €107 | €47 |
| Financial charges | 65 | €9k | €9k | €9k | €8k |
| Result before taxes | 9903 | €46k | €98k | €132k | €215k |
| Income taxes | 67/77 | €12k | €25k | €37k | €43k |
| Net result for the period | 9904 | €34k | €73k | €95k | €172k |
| Result to be appropriated | 9905 | €34k | €55k | €50k | €172k |
-
ABECK DavidDirectorState Gazette act 22359121 (21-09-2022)Current21-09-2022 → present
-
DSAGeneral partnershipPermanent representative· perm. rep.: ABECK DavidState Gazette act 22359121 (21-09-2022)Current21-09-2022 → present
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 25-08-2006 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0001/00T006 | Flanders | 109 m² | 1 · 160 m² | 27.9 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-09-2022 2 directors appointed
- ABECK David, Bestuurder
- ABECK David, Vaste vertegenwoordiger
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ABECK David",
"address": "3520 Zonhoven, Beverzakbroekweg 33",
"birth_date": "1980-12-23",
"profession": null,
"birth_place": "Genk"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "vaste_vertegenwoordigd",
"person": {
"rrn": null,
"name": "ABECK David",
"address": "3520 Zonhoven, Beverzakbroekweg 33",
"birth_date": "1980-12-23",
"profession": null,
"birth_place": "Genk"
},
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": "0505.776.905",
"name": "DSA",
"address": "3500 Hasselt, Kolonel Dusartplein 38",
"country": "BE",
"legal_form": null
},
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "zaakvoerder",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleend kwijting over het door hem als zaakvoerder, gevoerde bestuur.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "lasthebber",
"person": null,
"reason": null,
"subkind": "regular",
"via_org": {
"kbo": "0812.067.073",
"name": "LIMBURGS CENTRUM VOOR ACCOUNTANCY",
"address": "Trekschurenstraat 126 te 3500 Hasselt",
"country": "BE",
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Manu BEELEN",
"firm_city": null,
"firm_name": "Benoit LEVECQ \u0026 Manu BEELEN, geassocieerde notarissen",
"office_city": "Herk-de-Stad",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-09-21",
"filing_date": "2022-09-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-09-08",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0883.154.811",
"name_full": "LOBECK",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Manu BEELEN",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie van de akte",
"co\u00F6rdinatie van de statuten met lijst"
],
"corrected_publication_numac": null
}| Legal nameNL | Horeca 38 |