ACTIVE

L'HORLOGER

Financial year 2025 · Closed on 31/12/2025

Net result
11,1 k €
-67,4 %over 1 year
Gross margin
28,6 k €
-40,8 %over 1 year
Equity
73,9 k €
+17,7 %over 1 year

Identity

Source · BCE/KBO

L'HORLOGER is a Private company with limited liability incorporated in 1999. Its main activity is: Warehousing and support activities for transportation. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.628.990
Incorporation
02/08/1999
Legal form
Private company with limited liability
Registered office
Galerie Cathédrale 68
4000 Liège · Wallonie
Contributed capital
6 197,33 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin28,6 k €48,3 k €-5,6 k €-2,8 k €9,6 k €
EBITDA27,4 k €44,9 k €-6,7 k €-3,5 k €8,1 k €
Operating result21,7 k €39,5 k €-11 k €-6,9 k €5,8 k €
Net result11,1 k €34,2 k €-12,7 k €-8,3 k €-4,2 k €
Balance sheet
Equity73,9 k €62,8 k €28,6 k €41,3 k €49,6 k €
Total assets184,3 k €166,7 k €73,6 k €73,8 k €98,9 k €
Cash46,6 k €52,1 k €3,7 k €8,3 k €4,6 k €
Debts110,4 k €103,9 k €44,9 k €32,5 k €49,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Frederic Brose

Mandate

Active

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/08/202626/08/202503/10/202401/08/202431/10/202224/03/2022
General meeting15/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/05/202630/08/2026FrenchPDF
Micro model31/12/202416/05/202526/08/2025FrenchPDF
Micro model31/12/202317/05/202403/10/2024FrenchPDF
Micro model31/12/202219/05/202301/08/2024FrenchPDF
Micro model31/12/202120/05/202231/10/2022FrenchPDF
Micro model31/12/202021/05/202124/03/2022FrenchPDF
Micro model31/12/201913/05/202018/11/2020FrenchPDF
Micro model31/12/201817/05/201920/08/2019FrenchPDF
Abridged model31/12/201718/05/201827/11/2018FrenchPDF
Micro model31/12/201619/05/201701/09/2017FrenchPDF
Abridged model31/12/201520/05/201627/08/2016FrenchPDF
Abridged model31/12/201415/05/201503/09/2015FrenchPDF
Abridged model31/12/201217/05/201307/02/2014FrenchPDF
Abridged model31/12/201118/05/201201/08/2012FrenchPDF
Abridged model31/12/201021/05/201113/09/2011FrenchPDF
Abridged model31/12/200921/05/201030/08/2010FrenchPDF
Abridged model31/12/200815/05/200925/08/2009FrenchPDF
Abridged model31/12/200716/05/200830/08/2008FrenchPDF
Abridged model31/12/200618/05/200726/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

Active mandates

Frederic Brose

Mandate

Active

Ownership and network

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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 202511,1 k €↓
  2. 2024
    Annual accounts 202434,2 k €↑
  3. 2023
    Annual accounts 2023-12,7 k €↓
  4. 2022
    Annual accounts 2022-8,3 k €↓
  5. 2021
    Annual accounts 2021-4,2 k €↓
  6. 2020
    Annual accounts 202013,7 k €↓
  7. 2019
    Annual accounts 201921,9 k €↓
  8. 2018
    Annual accounts 201822,8 k €↑
  9. 2017
    Annual accounts 2017-1,2 k €↓
  10. 2016
    Annual accounts 201614,7 k €↑
  11. 2015
    Annual accounts 20158,3 k €↑
  12. 2014
    Annual accounts 2014-29,6 k €↓
  13. 2012
    Annual accounts 201227,1 k €↑
  14. 2011
    Annual accounts 201123,2 k €↑
  15. 2010
    Annual accounts 2010-724 €↑
  16. 2009
    Annual accounts 2009-33,6 k €↓
  17. 2008
    Annual accounts 20088,5 k €↑
  18. 2007
    Annual accounts 2007-1,6 k €↓
  19. 2006
    Annual accounts 20062,7 k €
  20. 02/08/1999
    IncorporationPrivate company with limited liability