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Generated 17-08-2026
Active BE 0781.400.920Non-profit association

Horizon

Boulevard des Combattants 16 ·5530 Yvoir, Belgium· 4 yrs active
Sector: Promotie en organisatie van scheppende en uitvoerende kunstevenementen (90391)
Conclusion Checked

The computed 12-month bankruptcy probability of Horizon is 0.1% (very low). The 2023 annual accounts show equity of €140 and a net result of €140. Its solvency ranks better than 19% of 512 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €140
Net result €140
Better than sector 19%
Active 4 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health47Profitability100Solvency2Growth22Stability94
53 / 100

Mixed profile: strong on profitability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 47
Profitability 100
Solvency 2
Growth 22
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
47 / 100 Fair
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 29-12-2024 with the NBB · fiscal year 2023 · micro
€0€10k€20kRevenue 2022: €23k€23kOperating result 2022: €2k€2kNet result 2022: €2k€2kRevenue 2023: €354€354Operating result 2023: €140€140Net result 2023: €140€14020222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 90 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 2.1% 45.9%
better than 19% of 512 sector peers
Net result €140 €7k
better than 32% of 512 sector peers
Equity €140 €22k
better than 18% of 512 sector peers
Gross operating margin €140 €19k
better than 20% of 511 sector peers
Total assets €7k €64k
better than 8% of 512 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€354
-98.4% 22-23
Net profit
€140
-93.1% 22-23
Total assets
€7k
-46.8% 22-23
Equity
€140
-93.1% 22-23
Debt
€7k
-37.9% 22-23
Debt > 1y
€7k
-37.9% 22-23
Solvency
2.1%
-87.1% 22-23
Debt / equity
47.41
+804.5% 22-23
Show 3 other metrics
ROE
100.0%
0.0% 22-23
ROA
2.1%
-87.1% 22-23
Net margin
39.5%
+339.1% 22-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€354
EBITDA-
Net profit€140
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€7k
Equity€140
Debt€7k
of which ≤ 1y-
of which > 1y€7k
Working capital-
Employees (FTE)-
Ratios (computed)
2023
Current ratio-
Quick ratio-
Working capital ratio-
Solvency2.1%
Debt / equity47.41
Long-term debt ratio47.41
Interest coverage-
Gross margin-1918.0%
Net margin39.5%
ROA2.1%
ROE100.0%
EBITDA margin-
Days sales outstanding6843d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (15 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€7k
Current assets 29/58€7k
Amounts receivable within one year 40/41€7k
Cash & bank 54/58€140
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7k
Equity 10/15€140
Accumulated profits (losses) 14€140
Amounts payable 17/49€7k
Amounts payable after one year 17€7k
Income statement
Turnover 70€354
Gross operating margin 9900€140
Operating result 9901€140
Result before taxes 9903€140
Net result for the period 9904€140
Result to be appropriated 9905€140
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Promotie en organisatie van scheppende en uitvoerende kunstevenementen(90391)
Legal form Non-profit association(017)
Incorporation31-01-2022
StatusActive
Postal code5530
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91382D0363/02T002 Wallonia 449 m² 1 · 104 m² 10.5 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
29-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
25-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Promotie en organisatie van uitvoerende kunstevenementen90021Promotie en organisatie van scheppende en uitvoerende kunstevenementen90391Andere drinkgelegenheden56309Andere drinkgelegenheden56309Overige ondersteunende activiteiten voor de uitvoerende kunsten90029Ondersteunende activiteiten voor scheppende kunsten90032Creatie van beeldende kunsten90120Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg90399Overige recreatie- en ontspanningsactiviteiten, n.e.g.93299Overige recreatie- en ontspanningsactiviteiten, neg93299
Primary activity highlighted.
Names & trade names
Legal nameFR Horizon
Registered office
Boulevard des Combattants 16
5530 Yvoir, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative