OPENING OF BANKRUPTCY

Horeca Management Group

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Financial year 2024 · closed on 31/12/2024

Net result

40,0 k €

+180.7% YoY

Gross margin

62,3 k €

+311.4% YoY

Equity

160,6 k €

+33.2% YoY

Company — Opening of bankruptcy.

Strike-off: 18 septembre 2026

What does Horeca Management Group do?

Horeca Management Group is a Private limited company incorporated in 1982. Its main activity is: Construction of buildings. Its registered office is in Antwerpen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0422.447.767

Incorporation

08/02/1982

Legal form

Private limited company

Registered office

Groenendaallaan 394 box 408
2030 Antwerpen · FlandreSee on map

Contributed capital

20 451,21 €

Latest accounts

31/12/2024

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	62,3 k €	+311%	15,2 k €	-30.2%	21,7 k €	+77.8%	12,2 k €	+317%	-5,6 k €	-104%	130,4 k €	+1257%	9,6 k €	+125%	4,3 k €	+131%	1,8 k €	+108%	-23,2 k €	-260%	-6,4 k €	-120%	31,5 k €	+1136%	2,5 k €	+284%	-1,4 k €	-139%	3,5 k €	+1046%	-374,1 €	-112%	3,1 k €	-78.3%	14,4 k €	-9.5%	15,9 k €
EBITDA	61,7 k €	+324%	14,6 k €	-31.6%	21,3 k €	+80.8%	11,8 k €	+2759%	411,7 €	-99.7%	121,6 k €	+3180%	3,7 k €	+602%	528,0 €	+130%	-1,7 k €	+94.3%	-30,2 k €	-66.4%	-18,2 k €	-164%	28,3 k €	+14201%	197,9 €	+105%	-4,1 k €	-860%	533,0 €	+117%	-3,0 k €	-647%	557,4 €	-95.2%	11,5 k €	-11.9%	13,1 k €
Operating result	61,7 k €	+327%	14,4 k €	-30.2%	20,7 k €	+84.9%	11,2 k €	+2297%	-509,4 €	-100%	120,6 k €	+789%	-17,5 k €	+14.2%	-20,4 k €	+27.3%	-28,1 k €	+49.2%	-55,2 k €	+2.2%	-56,5 k €	-1075%	-4,8 k €	+61.7%	-12,6 k €	-47.9%	-8,5 k €	-117%	-3,9 k €	+47.8%	-7,5 k €	-84.5%	-4,1 k €	-159%	6,9 k €	-11.8%	7,8 k €
Net result	40,0 k €	+181%	14,3 k €	+3.0%	13,8 k €	+60.1%	8,6 k €	+495%	-2,2 k €	-102%	121,8 k €	+766%	-18,3 k €	+15.9%	-21,8 k €	+30.8%	-31,5 k €	-13.0%	-27,8 k €	-643%	5,1 k €	+177%	-6,6 k €	+48.3%	-12,9 k €	-49.1%	-8,6 k €	-112%	-4,1 k €	-20.3%	-3,4 k €	-257%	-947,2 €	-110%	9,5 k €	-7.4%	10,2 k €
Balance sheet
Equity	160,6 k €	+33.2%	120,6 k €	+13.4%	106,3 k €	+15.0%	92,5 k €	+10.3%	83,8 k €	-2.5%	86,0 k €	+340%	-35,8 k €	-105%	-17,5 k €	-509%	4,3 k €	-88.0%	35,7 k €	-43.8%	63,6 k €	+8.8%	58,4 k €	-10.2%	65,1 k €	-16.5%	77,9 k €	-10.0%	86,5 k €	-4.5%	90,6 k €	-3.6%	94,0 k €	-1.0%	94,9 k €	+4.9%	90,5 k €
Total assets	644,8 k €	+0.5%	641,8 k €	+26.5%	507,4 k €	+11.4%	455,5 k €	+401%	90,9 k €	-25.4%	121,7 k €	-29.5%	172,6 k €	-10.5%	192,9 k €	-22.0%	247,2 k €	-14.0%	287,5 k €	-1.9%	293,1 k €	-1.6%	297,9 k €	+95.0%	152,8 k €	+95.2%	78,3 k €	-14.9%	91,9 k €	-1.9%	93,7 k €	-5.6%	99,3 k €	-7.6%	107,5 k €	-2.0%	109,7 k €
Cash	85,2 €	-90.4%	888,3 €	-34.4%	1,4 k €	-19.9%	1,7 k €	-95.5%	37,2 k €	-66.5%	111,1 k €	+7129%	1,5 k €	+676%	198,1 €	-57.9%	470,7 €	-98.4%	30,2 k €	+725%	3,7 k €	-5.9%	3,9 k €	+69.5%	2,3 k €	+482%	394,6 €	-81.1%	2,1 k €	-38.8%	3,4 k €	-65.0%	9,7 k €	-45.3%	17,8 k €	+0.9%	17,6 k €
Debts	463,0 k €	-11.1%	520,7 k €	+30.6%	398,5 k €	+10.0%	362,5 k €	+5457%	6,5 k €	-77.2%	28,6 k €	-86.2%	206,5 k €	-1.5%	209,8 k €	-13.5%	242,4 k €	-3.3%	250,7 k €	+9.7%	228,5 k €	-4.6%	239,5 k €	+173%	87,7 k €	+24377%	358,4 €	-93.4%	5,4 k €	+72.5%	3,1 k €	-41.6%	5,4 k €	-57.4%	12,6 k €	-34.5%	19,2 k €

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Fuat Yaramis

Director · since 26 février 2024

Active

Abdul Bajawri

Director

Active

Guy Cammaert

Director

Active

Ended mandates

Abdul Bajawri

Director · since 08 mai 2021

Ended

Ehsanullah Nooristani

Director · since 08 mai 2021

Ended

Stéphanie Stoops

Director · since 08 mai 2021 · until 05 juin 2021

Ended

Tom Gabriëls

Director · since 08 mai 2021 · until 31 décembre 2021

Ended

At this address

Other companies at this address

Company	CBE no.
DKN 2● Bankrupt	0876.070.148
EA1● Active	1036.406.297
FLOW SOLUTIONS● Active	0892.787.406
ZITPA● Bankrupt	0821.841.210

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2025	29/07/2024	19/07/2023	26/07/2022	23/07/2021	31/07/2020
General meeting	15/09/2025	10/06/2024	30/06/2023	30/06/2022	30/06/2021	27/07/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	15/09/2025	18/09/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Micro model	31/12/2019	27/07/2020	31/07/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	19/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	30/07/2018	Dutch	PDF
Micro model	31/12/2016	08/05/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	09/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	12/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Fuat Yaramis

Director · since 26 février 2024

Active

Abdul Bajawri

Director

Active

Guy Cammaert

Director

Active

Ended mandates

Abdul Bajawri

Director · since 08 mai 2021

Ended

Ehsanullah Nooristani

Director · since 08 mai 2021

Ended

Stéphanie Stoops

Director · since 08 mai 2021 · until 05 juin 2021

Ended

Tom Gabriëls

Director · since 08 mai 2021 · until 31 décembre 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/03/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates08/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office25/03/2021
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202440,0 k €↑
2023
Annual accounts 202314,3 k €↑
2023
Name changeHoreca Management Group
2022
Annual accounts 202213,8 k €↑
2021
Annual accounts 20218,6 k €↑
2021
Name changeAartselaars Renovatiebedrijf
2020
Annual accounts 2020-2,2 k €↓
2019
Annual accounts 2019121,8 k €↑
2018
Annual accounts 2018-18,3 k €↑
2017
Annual accounts 2017-21,8 k €↑
2016
Annual accounts 2016-31,5 k €↓
2015
Annual accounts 2015-27,8 k €↓
2014
Annual accounts 20145,1 k €↑
2013
Annual accounts 2013-6,6 k €↑
2012
Annual accounts 2012-12,9 k €↓
2011
Annual accounts 2011-8,6 k €↓
2010
Annual accounts 2010-4,1 k €↓
2009
Annual accounts 2009-3,4 k €↓
2008
Annual accounts 2008-947,2 €↓
2007
Annual accounts 20079,5 k €↓
2006
Annual accounts 200610,2 k €
08/02/1982
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Horeca Management Group

Overview

What does Horeca Management Group do?

Trend over 19 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline