OPENING OF BANKRUPTCY

HORIZONTAL

Financial year 2021 · closed on 31/12/2021
Net result
-1,9 k €
-1301.8% YoY
Gross margin
2 k €
-49.0% YoY
Equity
20,7 k €
+101.6% YoY

Company — Opening of bankruptcy.

What does HORIZONTAL do?

HORIZONTAL is a Private company with limited liability incorporated in 2014. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Anderlecht.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0566.939.462
Incorporation
29/10/2014
Legal form
Private company with limited liability
Registered office
Rue de Birmingham 289
1070 Anderlecht · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2021
Signals
Positive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202120202019201820172016
Income statement
Gross margin2 k €4 k €13,9 k €6,5 k €
EBITDA1,8 k €948 €13 k €6,5 k €
Operating result1,2 k €266 €12,3 k €6,5 k €
Net result-1,9 k €162 €12,3 k €6,4 k €
Balance sheet
Equity20,7 k €10,3 k €10,1 k €-2,1 k €-8,6 k €-8,6 k €
Total assets129,6 k €97,1 k €39,7 k €42 k €628,8 €628,8 €
Cash27 k €95 k €17 k €40,8 k €
Debts108,9 k €86,8 k €29,6 k €44,1 k €9,2 k €9,2 k €
At this address

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Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/01/202328/10/202121/07/202123/01/202023/01/202023/01/2020
General meeting20/05/202220/05/202121/05/202020/05/201921/05/201822/05/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202120/05/202224/01/2023FrenchPDF
Abridged model31/12/202020/05/202128/10/2021FrenchPDF
Abridged model31/12/201921/05/202021/07/2021FrenchPDF
Abridged model31/12/201820/05/201923/01/2020FrenchPDF
Abridged model31/12/201721/05/201823/01/2020FrenchPDF
Abridged model31/12/201622/05/201723/01/2020FrenchPDF
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.

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Disclaimer

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

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/03/2023
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/11/2022
    SIEGE SOCIAL
    PDF
  • Other31/10/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2021
    Annual accounts 2021-1,9 k €
  2. 2020
    Annual accounts 2020162 €
  3. 2019
    Annual accounts 201912,3 k €
  4. 2018
    Annual accounts 20186,4 k €
  5. 2017
    Annual accounts 2017
  6. 2016
    Annual accounts 2016
  7. 29/10/2014
    IncorporationPrivate company with limited liability