About Horeco
Horeco is a public limited company (NV/SA) based in Elsene, founded in 1983. Its main activity is classified as "Activiteiten van reisbureaus". For the 2025 financial year, Horeco reported a profit of €102,537. That makes 5 profitable financial years in a row for Horeco. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €372,169, down 12% on 2024. It employed an average of 2.4 full-time equivalents. Equity stands at €577,005, a solvency ratio of 41%. In 2006 it was €150,847. 20 annual accounts are available, covering 2006 to 2025.
- Activities
- Signals
-
ProfitableProfitable € 103K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 577KStrong equity provides a buffer against setbacks.
Low riskLow risk 41.2%Good solvency (> 30%) points to long-term financial stability.
Positive cashflowPositive cashflow € 191KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 247KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 12.1%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
372K
|
€
422K
|
€
346K
|
€
266K
|
|
|
€
247K
|
€
248K
|
€
215K
|
€
137K
|
|
|
€
103K
|
€
117K
|
€
107K
|
€
70K
|
|
|
€
577K
|
€
474K
|
€
357K
|
€
250K
|
|
|
41.17%
|
40.36%
|
56.46%
|
37.45%
|
|
|
€
825K
|
€
701K
|
€
275K
|
€
417K
|
|
|
€
6K
|
€
81K
|
€
155K
|
€
252K
|
|
|
2.40
|
2.50
|
3
|
2.50
|
Publications 40
All publications- Demissions, Nominations 19/01/2023
- Demissions, Nominations 14/08/2019
- Me. - Comptes Annuels 31.12.2015, App 23.06.2016, Dpt 14.10.2016 16658-0156-017 26/10/2016
- Me. - Comptes Annuels 31.12.2014, App 23.06.2015, Dpt 28.10.2015 15656-0042-015 30/10/2015
- Me. - Comptes Annuels 31.12.2013, App 23.06.2014, Dpt 30.07.2014 14379-0451-015 05/08/2014
Frequently asked questions
Answers to the most common questions about Horeco, based on official government data and the filed annual accounts.
What is the VAT number of Horeco?
The VAT number of Horeco is BE0424.775.668.
How many employees work at Horeco?
In 2025, Horeco employed 2.40 full-time equivalents (FTE).
When was Horeco established?
Horeco was founded in 12-07-1983.
What is the official address of Horeco?
The official address of Horeco is Kapitein Crespelstraat 18 Elsene 1050.
What is the legal form of Horeco?
The juridical form of Horeco is Public limited company (NV/SA).
What is the annual revenue of Horeco?
The 2025 accounts of Horeco do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Horeco a reliable company?
Horeco is a registered Rechtspersoon with company number 0424.775.668 and can be verified through the official CBE database.
What is the credit limit of Horeco?
The estimated credit limit of Horeco is €246,810.
Is Horeco still active?
Horeco currently has the status "Normal situation" and is active.