HORECA-RENT

Active

Private limited company (pre-2019)founded 198342 yrs activeSchorsemolenstraat 89, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0425.121.108

Summary

HORECA-RENT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2025

74 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability85▲+85

Solvency59▲+8

Growth78=

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.46 against 1.27 in 2024; short-term debt: 65.8% and cash: 66% of total assets), and 65.8% 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

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

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

39 d late

2024

49 d late

2023

27 d late

2022

45 d late

2021

23 d late

2020

26 d late

2019

91 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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

24-09-2026 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, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€5k

2024 · €-6k

2018: €-44k 2019: €-36k 2020: €33k 2021: €26k 2022: €21k 2023: €-22k 2024: €-6k

2018 → 2025

Working capital

€12k▲ 80.2%

2024 · €7k

2018: €-28k 2019: €-54k 2020: €-18k 2021: €10k 2022: €33k 2023: €10k 2024: €7k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€15k-€36k▲ 142%€14k▼ 61.1%€8k▼ 40.8%€13k▲ 59.1%

Operating result€15k-€21k▲ 43.0%€-22k€-6k▲ 73.5%€5k

Net result€26k-€21k▼ 17.4%€-22k€-6k▲ 74.0%€5k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €5k after a loss of €6k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €39k

95.8%

Fixed assets €2k ▼ 13.8%

Current assets €37k ▲ 23.1%

Equity and liabilities €39k

34.2%

65.8%

Equity €13k ▲ 59.1%

Debt €26k ▲ 7.5%

Debt's share of the balance-sheet total falls from 74.0% to 65.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€5k▲

2024 · €-3k

Cash flow

€5k▲

2024 · €-3k

Current ratio

1.46▲

2024 · 1.27

Debt to equity

1.93▼

2024 · 2.85

ROE

37.1%▲

2024 · -68.9%

ROA

12.7%▲

2024 · -17.9%

Interest coverage

159.27▲

2024 · -36.30

Debt ≤ 1 year

€26k▲

2024 · €24k

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 · 41 lines

Balance sheet Code20242025

Assets

Total assets20/58€32k€39k▲

Fixed assets21/28€2k€2k▼

Tangible fixed assets22/27€261-

Plant, machinery and equipment23€261-

Financial fixed assets28€2k€2k=

Current assets29/58€30k€37k▲

Amounts receivable within one year40/41€11k€12k▲

Trade receivables40€11k€12k▲

Cash at bank and in hand54/58€20k€26k▲

Equity and liabilities

Total equity and liabilities10/49€32k€39k▲

Equity10/15€8k€13k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€6k€6k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k€6k=

Profit (loss) carried forward14€-60k€-55k▲

Amounts payable17/49€24k€26k▲

Amounts payable within one year42/48€24k€26k▲

Trade debts44€3k€7k▲

Suppliers440/4€3k€7k▲

Taxes, remuneration and social security45€829€772▼

Taxes450/3€829€772▼

Other amounts payable47/48€20k€18k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€261▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€500-

Other operating charges640/8-€511

Non-recurring operating charges66A€6k-

Gross operating margin9900€3k€6k▲

Operating profit (loss)9901€-6k€5k▲

Financial income75/76B€176-

Recurring financial income75€176-

Financial charges65/66B€89€33▼

Recurring financial charges65€89€33▼

Non-recurring financial charges66B€89€33▼

Profit (loss) for the period before taxes9903€-6k€5k▲

Profit (loss) for the period9904€-6k€5k▲

Profit (loss) for the period to be appropriated9905€-6k€5k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-60k€-55k▲

Profit (loss) brought forward from the previous period14P€-54k€-60k▼

The notes to these accounts (5 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 13Financial 3Filings 10

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

2026

08-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 39 days late

2025

31-12

Financial Back to profitnet €5k

Net result €5k after 2 loss-making years.

18-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 49 days late

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 27 days late

2023

14-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 45 days late

2022

23-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 23 days late

2021

31-12

Financial Liquidity doublescurrent ratio 1.42

Current ratio from 0.62 to 1.42; short-term debt falls from €48k to €24k.

26-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 26 days late

2020

31-12

Financial Back to profitnet €33k

Net result €33k after 2 loss-making years.

30-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 91 days late

2019

03-09

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 34 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 29 days late

2017

13-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

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

Directors · office · real estate

Directors

1 act for this company is 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, Sint-Katelijne-Waver · 1 establishment unit since 1996

establishment The establishment unit on the map

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.

Schorsemolenstraat 892860 Sint-Katelijne-Waver

Ground area

599 m²

Building footprint

193 m²

Volume, LiDAR

783 m³

Parcel 12422C0174/00T002, Flanders · tallest building 9.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Schorsemolenstraat 89, 2860 Sint-Katelijne-Waver

NACE 52498

since 19962.023.824.529

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12422C0174/00T002	Flanders	599 m²	1 · 193 m²	9.3 m · 1 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

PIXELSHAKE

BE 0678.441.061

Sint-Pieters-Woluwe · Eq €13,428

Verviers · Eq €12,656

MBG INVEST

BE 0811.610.678

Gembloux · Eq €14,788

TOP FACTORY

BE 0718.604.209

Jette · Eq €11,898

Of 303 companies in sector 77223 we hold annual accounts for 138. 69 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 (pre-2019)

Founded19-11-1983

Fiscal year end31-12

Activities, NACEBEL 2025

77223Rental and leasing activities

Sources

Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.