ACTIVE

HORSE FITFORM INTERNATIONAL

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Financial year 2025 · Closed on 30/06/2025

Net result126 k €+9,5 %over 1 year

Gross margin584,4 k €-2,2 %over 1 year

Equity2,8 M €+4,7 %over 1 year

Workforce5,2 ETP-10,3 %over 1 year

Identity

Source · BCE/KBO

HORSE FITFORM INTERNATIONAL is a Private limited company incorporated in 1989. Its registered office is in Grâce-Hollogne. It employs on average 5,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.532.464
Incorporation: 30/01/1989
Legal form: Private limited company
Registered office: Rue de l'Expansion 13
4460 Grâce-Hollogne · WallonieSee on map
Contributed capital: 67 974,00 €
Latest accounts: 30/06/2025
Average workforce: 5,2 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	584,4 k €	-2.2%	597,6 k €	-6.1%	636,5 k €	+1.2%	629,2 k €	-11.1%	707,5 k €
EBITDA	219,6 k €	+7.3%	204,6 k €	-23.1%	266,2 k €	-4.9%	280 k €	-24.0%	368,6 k €
Operating result	179,5 k €	+2.1%	175,8 k €	-27.6%	242,8 k €	-1.5%	246,4 k €	-30.0%	351,8 k €
Net result	126 k €	+9.5%	115 k €	-27.2%	157,9 k €	+8.8%	145,2 k €	-32.5%	215 k €
Balance sheet
Equity	2,8 M €	+4.7%	2,7 M €	+4.4%	2,6 M €	-4.7%	2,7 M €	+5.5%	2,6 M €
Total assets	3 M €	+3.0%	2,9 M €	+7.1%	2,7 M €	-9.8%	3 M €	-8.3%	3,3 M €
Cash	496,5 k €	+119%	226,3 k €	-62.6%	605,9 k €	-32.8%	901,4 k €	-42.3%	1,6 M €
Debts	194,2 k €	-16.8%	233,3 k €	+52.2%	153,3 k €	-51.2%	313,8 k €	-57.7%	742,2 k €
Other
Workforce	5,2 ETP	-10.3%	5,8 ETP	0.0%	5,8 ETP	0.0%	5,8 ETP	-28.4%	8,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 15 ended

Active mandates

Catherine HALLEUX

Managing director · since 26 juin 2020

Active

Corinne DUCHESNE

Chairman of the board of directors · since 26 juin 2020

Active

Ended mandates

Roger HALLEUX

Director · since 01 juillet 2019

Ended

Catherine HALLEUX

Managing director · since 12 décembre 2017

Ended

Corinne DUCHESNE

Chairman of the board of directors · since 12 décembre 2017

Ended

Catherine HALLEUX

Managing director · since 13 décembre 2011 · until 13 décembre 2017

Ended

Other companies at this address

Rue de l'Expansion 13 4460 Grâce-Hollogne

Company	CBE no.
AC-IMMO● Active	0765.234.879

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/12/2025	28/12/2024	31/01/2024	07/12/2022	07/01/2022	25/01/2021
General meeting	13/11/2025	12/11/2024	12/12/2023	29/09/2022	25/11/2021	08/12/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	13/11/2025	08/12/2025	French	PDF
Abridged model	30/06/2024	12/11/2024	28/12/2024	French	PDF
Abridged model	30/06/2023	12/12/2023	31/01/2024	French	PDF
Abridged model	30/06/2022	29/09/2022	07/12/2022	French	PDF
Abridged model	30/06/2021	25/11/2021	07/01/2022	French	PDF
Abridged model	30/06/2020	08/12/2020	25/01/2021	French	PDF
Abridged model	30/06/2019	10/12/2019	30/12/2019	French	PDF
Abridged model	30/06/2018	11/12/2018	12/12/2018	French	PDF
Abridged model	30/06/2017	12/12/2017	19/12/2017	French	PDF
Abridged model	30/06/2016	06/12/2016	07/12/2016	French	PDF
Abridged model	30/06/2015	08/12/2015	11/12/2015	French	PDF
Abridged model	30/06/2014	09/12/2014	15/12/2014	French	PDF
Abridged model	30/06/2013	10/12/2013	10/12/2013	French	PDF
Abridged model	30/06/2012	11/12/2012	12/12/2012	French	PDF
Abridged model	30/06/2011	13/12/2011	13/12/2011	French	PDF
Abridged model	30/06/2010	14/12/2010	14/12/2010	French	PDF
Abridged model	30/06/2009	08/12/2009	09/12/2009	French	PDF
Abridged model	30/06/2008	09/12/2008	09/12/2008	French	PDF
Abridged model	30/06/2007	11/12/2007	11/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 15 ended

Active mandates

Catherine HALLEUX

Managing director · since 26 juin 2020

Active

Corinne DUCHESNE

Chairman of the board of directors · since 26 juin 2020

Active

Ended mandates

Roger HALLEUX

Director · since 01 juillet 2019

Ended

Catherine HALLEUX

Managing director · since 12 décembre 2017

Ended

Corinne DUCHESNE

Chairman of the board of directors · since 12 décembre 2017

Ended

Catherine HALLEUX

Managing director · since 13 décembre 2011 · until 13 décembre 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring12/12/2022
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring13/10/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring03/01/2022
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates10/08/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates03/01/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares03/04/2014
CAPITAL, ACTIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025126 k €↑
2024
Annual accounts 2024115 k €↓
2023
Annual accounts 2023157,9 k €↑
2022
Annual accounts 2022145,2 k €↓
2021
Annual accounts 2021215 k €↑
2019
Annual accounts 20191,9 k €↑
2018
Annual accounts 2018-20,7 k €↓
2017
Annual accounts 201795,1 k €↑
2016
Annual accounts 201665,3 k €↓
2015
Annual accounts 2015213,6 k €↓
2014
Annual accounts 2014324,4 k €↑
2013
Annual accounts 2013311,3 k €↓
2012
Annual accounts 2012429,6 k €↑
2011
Annual accounts 2011295,3 k €↓
2010
Annual accounts 2010317,8 k €↑
2009
Annual accounts 2009155,8 k €↑
2008
Annual accounts 200884,5 k €↑
2007
Annual accounts 200742,2 k €
30/01/1989
IncorporationPrivate limited company

HORSE FITFORM INTERNATIONAL

Overview

Identity

Financials

Valuation

Indicative valuation

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

Timeline