HORECA CONSULTING

Active

Private limited companyfounded 20188 yrs activeDonkersteeg 23, 9000 Gent, BelgiumKBO/BCE: BE 0687.943.794

The computed 12-month bankruptcy probability of HORECA CONSULTING is 1.6% (moderate). The 2025 annual accounts show equity of €97k and a net result of €62k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 3539 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

45 / 100

Fair▼ -26 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency7▼-11

Growth78=

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity short (current ratio 0.64 against 1.02 in 2024), and 94.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

5.3%

Return on assets

3.4%

Age of the figures

8 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

7 d early

2024

17 d early

2023

30 d late

2022

on the day

2021

30 d late

2020

27 d late

2019

32 d early

← before the deadline after the deadline →

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 months

Position in the running window

07-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€97k▼ 53.7%

2024 · €210k

2018: €68k 2019: €125k 2020: €185k 2021: €229k 2022: €269k 2023: €203k 2024: €210k

2018 → 2025

Total assets

€1.85M▼ 6.6%

2024 · €1.98M

2018: €345k 2019: €392k 2020: €383k 2021: €797k 2022: €736k 2023: €2.04M 2024: €1.98M

2018 → 2025

Net result

€62k▼ 4.7%

2024 · €65k

2018: €48k 2019: €68k 2020: €61k 2021: €94k 2022: €82k 2023: €-3k 2024: €65k

2018 → 2025

Working capital

€-96k

2024 · €3k

2018: €10k 2019: €50k 2020: €114k 2021: €-84k 2022: €-28k 2023: €30k 2024: €3k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€229k-€269k▲ 17.7%€203k▼ 24.7%€210k▲ 3.5%€97k▼ 53.7%

Operating result€109k-€94k▼ 13.1%€5k▼ 94.4%€160k▲ 2,947%€159k▼ 0.9%

Net result€94k-€82k▼ 13.2%€-3k€65k€62k▼ 4.7%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 1% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.85M

90.7%

Fixed assets €1.68M▼ 5.9%

Current assets €172k▼ 13.0%

Equity and liabilities €1.85M

94.7%

Equity €97k▼ 53.7%

Debt €1.75M▼ 1.0%

The debt ratio rises from 89.4% to 94.7%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€273k▲

2024 · €270k

Cash flow

€176k▲

2024 · €174k

Solvency

5.3%▼

2024 · 10.6%

Current ratio

0.64▼

2024 · 1.02

Quick ratio

0.62▼

2024 · 0.99

Debt / equity

18.01▲

2024 · 8.43

ROE

63.8%▲

2024 · 31.0%

ROA

3.4%▲

2024 · 3.3%

Interest coverage

3.47▲

2024 · 3.42

Debt

€1.75M▼

2024 · €1.77M

Debt ≤ 1 year

€268k▲

2024 · €195k

Debt > 1 year

€1.48M▼

2024 · €1.57M

Income taxes

€20k▼

2024 · €20k

Staff costs

€323k▲

2024 · €240k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€1.98M€1.85M▼

Fixed assets21/28€1.78M€1.68M▼

Tangible fixed assets22/27€1.78M€1.68M▼

Land and buildings22€1.71M€1.62M▼

Plant, machinery and equipment23€35k€30k▼

Furniture and vehicles24€36k€30k▼

Financial fixed assets28€186€186=

Current assets29/58€198k€172k▼

Amounts receivable after more than one year29€115k€30k▼

Other amounts receivable291€115k€30k▼

Stocks and contracts in progress3€6k€7k▲

Stocks30/36€6k€7k▲

Amounts receivable within one year40/41€17k€20k▲

Trade receivables40€6k€9k▲

Other amounts receivable41€10k€11k▲

Current investments50/53€20k€0▼

Cash at bank and in hand54/58€35k€112k▲

Deferred charges and accrued income490/1€5k€4k▼

Equity and liabilities

Total equity and liabilities10/49€1.98M€1.85M▼

Equity10/15€210k€97k▼

Contributions10/11€30k€30k=

Reserves13€180k€67k▼

Distributable reserves133€180k€67k▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€1.77M€1.75M▼

Amounts payable after more than one year17€1.57M€1.48M▼

Financial debts170/4€1.57M€1.48M▼

Amounts payable within one year42/48€195k€268k▲

Current portion of amounts payable after more than one year42€96k€97k▲

Financial debts43€0€50k▲

Credit institutions430/8€0€50k▲

Trade debts44€56k€50k▼

Suppliers440/4€56k€50k▼

Advances received on contracts in progress46€9€3k▲

Taxes, remuneration and social security45€42k€61k▲

Taxes450/3€13k€17k▲

Remuneration and social security454/9€29k€44k▲

Other amounts payable47/48€304€7k▲

Accrued charges and deferred income492/3€11€18▲

Income statement Code20242025

Remuneration, social security and pensions62€240k€323k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€114k▲

Other operating charges640/8€4k€6k▲

Gross operating margin9900€514k€601k▲

Operating profit (loss)9901€160k€159k▼

Financial income75/76B€4k€1k▼

Recurring financial income75€4k€1k▼

Financial charges65/66B€79k€78k▼

Recurring financial charges65€79k€78k▼

Profit (loss) for the period before taxes9903€85k€82k▼

Income taxes67/77€20k€20k▼

Profit (loss) for the period9904€65k€62k▼

Profit (loss) for the period to be appropriated9905€65k€62k▼

Appropriation of the result

Profit (loss) to be appropriated9906€62k€62k▲

Profit (loss) brought forward from the previous period14P€-3k€0▲

Transfer from equity791/2€58k€175k▲

Transfer to equity691/2€62k€62k▲

To other reserves6921€62k€62k▲

Profit to be distributed694/7€58k€175k▲

Return on contributions (dividend)694€58k€175k▲

Social balance

Average headcount (FTE)90875.08.0▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 6Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

14-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Back to profitnet €65k

Net result €65k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-3k ▼104%

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

31-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

30-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 30 days late

2021

31-12

Financial Highest result since 2018net €94k ▲54.6%

Net result €94k, the highest in the series.

31-12

Financial Equity above €200kEq €229k ▲23.3%

4 profitable years in a row build equity to €229k.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

31-12

Financial Equity above €150kEq €185k ▲48.8%

3 profitable years in a row build equity to €185k.

29-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Equity above €100kEq €125k ▲82.6%

2 profitable years in a row build equity to €125k.

01-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2023

Dominique RONGÉ

Director · since 18-12-2023

Current

Santisuk PAKWAN

Director · since 18-12-2023

Current

18-12-2023 Dominique RONGÉ: Appointed as Director

18-12-2023 Santisuk PAKWAN: Appointed as Director

Location & real-estate footprint

Registered office, Gent · 1 establishment unit since 2018

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.

Donkersteeg 239000 Gent

Ground area

176 m²

Building footprint

94 m²

Volume, LiDAR

668 m³

Parcel 44803C0311/00A000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Horeca Consulting

Donkersteeg 23, 9000 GentFull-service restaurants

since 20182.271.687.639

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44803C0311/00A000	Flanders	176 m²	1 · 94 m²	10.1 m · 3 fl.

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.

Similar companies · same sector, comparable size

SEASON COMPANY

BE 0754.802.431

Beveren-Kruibeke-Zwijndrecht · Eq €97k

Of 20,236 companies in sector 56111 we hold annual accounts for 11,135. 9,387 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-01-2018

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

Sources

Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.