ACTIVE

HORINVEST

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Financial year 2025 · Closed on 31/12/2025

Net result60,1 k €+29,3 %over 1 year

Gross margin986,2 k €+4,8 %over 1 year

Equity602,4 k €+11,1 %over 1 year

Workforce16,3 ETP-0,6 %over 1 year

Identity

Source · BCE/KBO

HORINVEST is a Private limited company incorporated in 1997. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Brasschaat. It employs on average 16,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0459.990.628
Incorporation: 07/02/1997
Legal form: Private limited company
Registered office: Miksebaan 3
2930 Brasschaat · FlandreSee on map
Contributed capital: 38 000,00 €
Latest accounts: 31/12/2025
Average workforce: 16,3 ETP

Activities (NACE)

55302Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	986,2 k €	+4.8%	941,1 k €	-6.0%	1 M €	+28.7%	778 k €	-9.0%	855,3 k €
EBITDA	122,6 k €	+40.1%	87,5 k €	-32.0%	128,7 k €	+2.2%	125,9 k €	-60.1%	315,1 k €
Operating result	111,3 k €	+40.3%	79,3 k €	-33.0%	118,3 k €	+8.6%	109 k €	-59.4%	268,3 k €
Net result	60,1 k €	+29.3%	46,5 k €	-39.0%	76,3 k €	+2.3%	74,6 k €	-66.2%	220,9 k €
Balance sheet
Equity	602,4 k €	+11.1%	542,3 k €	+9.4%	495,8 k €	+18.2%	419,6 k €	-5.7%	445 k €
Total assets	923,7 k €	+14.4%	807,6 k €	+6.2%	760,3 k €	-5.8%	807 k €	+8.9%	741,3 k €
Cash	405,4 k €	-22.6%	523,7 k €	-21.8%	669,4 k €	+15.2%	581,2 k €	-4.4%	607,9 k €
Debts	321,3 k €	+21.1%	265,3 k €	+0.3%	264,5 k €	-31.7%	387,4 k €	+30.7%	296,4 k €
Other
Workforce	16,3 ETP	-0.6%	16,4 ETP	-17.6%	19,9 ETP	+15.0%	17,3 ETP	+3.0%	16,8 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 31/12/2025

1 active · 2 ended

Active mandates

Lieven Wauters

Director

Active

Ended mandates

Lieven Wauters

Director · since 04 février 1997

Ended

Lieven Wauters

Manager · since 04 février 1997

Ended

Other companies at this address

Miksebaan 3 2930 Brasschaat

Company	CBE no.
Vrienden van de Gemeentelijke Muziekschool van Brasschaat● Active	0419.578.547

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	28/07/2025	29/07/2024	26/07/2023	04/07/2022	28/07/2021
General meeting	30/06/2026	24/06/2025	28/06/2024	27/06/2023	28/06/2022	29/06/2021
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	31/12/2025	30/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	24/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	01/07/2008	Dutch	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 31/12/2025

1 active · 2 ended

Active mandates

Lieven Wauters

Director

Active

Ended mandates

Lieven Wauters

Director · since 04 février 1997

Ended

Lieven Wauters

Manager · since 04 février 1997

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/06/2007
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/05/2006
DIVERSEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/01/2006
KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202560,1 k €↑
2024
Annual accounts 202446,5 k €↓
2023
Annual accounts 202376,3 k €↑
2022
Annual accounts 202274,6 k €↓
2021
Annual accounts 2021220,9 k €↑
2020
Annual accounts 2020-1,7 k €↑
2019
Annual accounts 2019-8,3 k €↑
2018
Annual accounts 2018-21,8 k €↓
2017
Annual accounts 201757,9 k €↓
2016
Annual accounts 2016103,8 k €↑
2015
Annual accounts 201528,6 k €↓
2014
Annual accounts 201480 k €↑
2013
Annual accounts 201352,2 k €↑
2012
Annual accounts 20124,3 k €↑
2011
Annual accounts 2011282,6 €↓
2010
Annual accounts 201012 k €↓
2009
Annual accounts 200918 k €↑
2008
Annual accounts 2008-399 €↑
2007
Annual accounts 2007-23,3 k €
07/02/1997
IncorporationPrivate limited company

HORINVEST

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