ACTIVE

HORSMANS ET ASSOCIES

Financial year 2025 · Closed on 31/12/2025

Net result-29,7 k €-303,1 %over 1 year
Gross margin-18,5 k €-155,2 %over 1 year
Equity45,2 k €-39,7 %over 1 year

Identity

Source · BCE/KBO

HORSMANS ET ASSOCIES is a Private company with limited liability incorporated in 1997. Its main activity is: Legal activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.067.337
Incorporation
19/02/1997
Legal form
Private company with limited liability
Registered office
Avenue Louise 283
1050 Ixelles · BruxellesSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidity

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-18,5 k €33,5 k €25,1 k €21,9 k €29,1 k €
EBITDA-19,8 k €32,3 k €23,2 k €20,7 k €27,7 k €
Operating result-27,2 k €24,7 k €15,6 k €13,8 k €26,3 k €
Net result-29,7 k €14,6 k €8 k €7,2 k €18,4 k €
Balance sheet
Equity45,2 k €75 k €61,2 k €86,9 k €80,5 k €
Total assets123,4 k €182,2 k €191,5 k €193,3 k €181,9 k €
Cash36,4 k €25,2 k €19,7 k €41,4 k €35,4 k €
Debts78 k €107,2 k €130,3 k €106,3 k €101,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Vincent Horsmans

Director

Active

Ended mandates

Guy HORSMANS

Manager · since 06 février 1997 · until 31 décembre 2007

Ended
Guy HORSMANS

Manager · since 06 février 1997

Ended
Vincent Horsmans

Director · since 06 février 1997

Ended
Vincent HORSMANS

Manager · since 06 février 1997

Ended

Other companies at this address

Avenue Louise 283 1050 Ixelles
CompanyCBE no.
0998.507.211
0430.678.713
A. PORTELANGE● Active
0445.813.582
0478.000.360
0451.900.828
0765.363.751
0700.192.718
BURAMA● Active
0407.246.679
CAMBRE● Active
0434.212.778
1019.305.890
0523.948.963
0465.795.483
EF EDUCATION● Active
0416.896.892
ENTREGENT● Active
0472.730.983
0888.433.391
FIDELCO● Active
0875.801.320
0725.904.349
0876.861.489
0479.294.717
GGRE● Active
1003.515.181

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202625/08/202523/08/202419/07/202315/07/202231/08/2021
General meeting19/08/202613/08/202522/08/202420/06/202317/06/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/08/202631/08/2026FrenchPDF
Abridged model31/12/202413/08/202525/08/2025FrenchPDF
Abridged model31/12/202322/08/202423/08/2024FrenchPDF
Abridged model31/12/202220/06/202319/07/2023FrenchPDF
Abridged model31/12/202117/06/202215/07/2022FrenchPDF
Abridged model31/12/202011/05/202131/08/2021FrenchPDF
Abridged model31/12/201912/05/202031/07/2020FrenchPDF
Abridged model31/12/201814/05/201925/07/2019FrenchPDF
Abridged model31/12/201708/05/201828/08/2018FrenchPDF
Abridged model31/12/201609/05/201728/07/2017FrenchPDF
Abridged model31/12/201531/08/201631/08/2016FrenchPDF
Abridged model31/12/201415/07/201515/07/2015FrenchPDF
Abridged model31/12/201329/09/201430/09/2014FrenchPDF
Abridged model31/12/201224/06/201311/07/2013FrenchPDF
Abridged model31/12/201127/07/201227/07/2012FrenchPDF
Abridged model31/12/201027/07/201127/07/2011FrenchPDF
Abridged model31/12/200922/07/201023/07/2010FrenchPDF
Abridged model31/12/200822/05/200930/07/2009FrenchPDF
Abridged model31/12/200713/05/200825/06/2008FrenchPDF
Abridged model31/12/200609/05/200729/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 5 ended

Active mandates

Vincent Horsmans

Director

Active

Ended mandates

Guy HORSMANS

Manager · since 06 février 1997 · until 31 décembre 2007

Ended
Guy HORSMANS

Manager · since 06 février 1997

Ended
Vincent Horsmans

Director · since 06 février 1997

Ended
Vincent HORSMANS

Manager · since 06 février 1997

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/05/2008
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-29,7 k €↓
  2. 2024
    Annual accounts 202414,6 k €↑
  3. 2023
    Annual accounts 20238 k €↑
  4. 2022
    Annual accounts 20227,2 k €↓
  5. 2021
    Annual accounts 202118,4 k €↑
  6. 2020
    Annual accounts 20209,7 k €↓
  7. 2019
    Annual accounts 201911,1 k €↑
  8. 2018
    Annual accounts 2018-13,4 k €↓
  9. 2017
    Annual accounts 201732,9 k €↑
  10. 2016
    Annual accounts 201626,5 k €↑
  11. 2015
    Annual accounts 201516,4 k €↓
  12. 2014
    Annual accounts 201428,5 k €↑
  13. 2013
    Annual accounts 201322,4 k €↑
  14. 2012
    Annual accounts 201210 k €↓
  15. 2011
    Annual accounts 201135,8 k €↑
  16. 2010
    Annual accounts 201010,3 k €↓
  17. 2009
    Annual accounts 200933,7 k €↑
  18. 2008
    Annual accounts 200811,1 k €↓
  19. 2007
    Annual accounts 200730,3 k €↓
  20. 2006
    Annual accounts 200638,4 k €
  21. 19/02/1997
    IncorporationPrivate company with limited liability