ACTIVE

HORSUM

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Financial year 2025 · Closed on 30/09/2025

Net result
411,1 k €
+24,6 %over 1 year
Revenue
2,5 M €
+18,5 %over 1 year
Equity
308 k €
+38,7 %over 1 year
Workforce
13,0 ETP
+7,4 %over 1 year

Identity

Source · BCE/KBO

HORSUM is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Sint-Martens-Latem. It employs on average 13,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0839.254.589
Incorporation
19/08/2011
Legal form
Private limited company
Registered office
Kortrijksesteenweg 48 box 2
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
19 444,41 €
Latest accounts
30/09/2025
Average workforce
13,0 ETP
Joint committees (2)
  • 200
  • 20000
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 11 financial years

20252024202320222018
Income statement
Revenue2,5 M €2,1 M €1,7 M €––
EBITDA536,2 k €466,2 k €396,8 k €82 k €174,6 k €
Operating result511,8 k €446,9 k €402,1 k €77 k €140,7 k €
Net result411,1 k €329,8 k €322,3 k €52,9 k €133,2 k €
Balance sheet
Equity308 k €222,1 k €311,7 k €148,6 k €51,8 k €
Total assets957,6 k €946 k €918,3 k €380,8 k €398,9 k €
Cash0 €316,7 k €330,9 k €80,3 k €139,3 k €
Debts637,3 k €706,3 k €590,9 k €211,4 k €340,6 k €
Other
Workforce13,0 ETP12,1 ETP10,0 ETP8,3 ETP4,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 13 ended

Active mandates

studio samsam

Director · since 27 mars 2023 · 0780.408.550

Represented by Frederik ARNAUW

Active
Horcli Invest

Director · since 30 septembre 2019 · 0735.393.523

Represented by Sofie Defraeye

Active

Ended mandates

Horcli Invest

Manager · since 30 septembre 2019 · 0735.393.523

Represented by Defraeye Sofie

Ended
VeXir

Manager · since 29 septembre 2019 · until 30 septembre 2019 · 0665.715.849

Represented by Houthoofd Dennis

Ended
DIGITALISTIX

Manager · since 26 septembre 2019 · until 30 septembre 2019 · 0832.720.452

Represented by Vervoort Frederik

Ended
S.D.S. CONSULTANCY

Manager · since 26 septembre 2019 · until 30 septembre 2019 · 0723.614.258

Represented by Defraeye Sofie

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/01/202619/12/202415/02/202426/01/202317/03/202213/04/2021
General meeting30/12/202516/12/202412/02/202423/01/202308/03/202229/03/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202530/12/202505/01/2026DutchPDF
Full model30/09/202416/12/202419/12/2024DutchPDF
Full model30/09/202312/02/202415/02/2024DutchPDF
Abridged model30/09/202223/01/202326/01/2023DutchPDF
Abridged model30/09/202108/03/202217/03/2022DutchPDF
Abridged model30/09/202029/03/202113/04/2021DutchPDF
Abridged model30/09/201910/03/202007/04/2020DutchPDF
Abridged model31/12/201811/04/201923/04/2019DutchPDF
Abridged model31/12/201721/02/201812/03/2018DutchPDF
Abridged model31/12/201626/05/201721/06/2017DutchPDF
Abridged model31/12/201507/03/201629/03/2016DutchPDF
Abridged model31/12/201419/06/201507/07/2015DutchPDF
Abridged model31/12/201330/05/201411/06/2014DutchPDF
Abridged model31/12/201231/05/201324/06/2013DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/09/2025

2 active · 13 ended

Active mandates

studio samsam

Director · since 27 mars 2023 · 0780.408.550

Represented by Frederik ARNAUW

Active
Horcli Invest

Director · since 30 septembre 2019 · 0735.393.523

Represented by Sofie Defraeye

Active

Ended mandates

Horcli Invest

Manager · since 30 septembre 2019 · 0735.393.523

Represented by Defraeye Sofie

Ended
VeXir

Manager · since 29 septembre 2019 · until 30 septembre 2019 · 0665.715.849

Represented by Houthoofd Dennis

Ended
DIGITALISTIX

Manager · since 26 septembre 2019 · until 30 septembre 2019 · 0832.720.452

Represented by Vervoort Frederik

Ended
S.D.S. CONSULTANCY

Manager · since 26 septembre 2019 · until 30 septembre 2019 · 0723.614.258

Represented by Defraeye Sofie

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring30/07/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/09/2023
    KAPITAAL - AANDELEN
    PDF
  • Restructuring07/08/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/04/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/10/2019
    ONTSLAGEN - BENOEMINGEN
    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 2025411,1 k €↑
  2. 2024
    Annual accounts 2024329,8 k €↑
  3. 2023
    Annual accounts 2023322,3 k €↑
  4. 2022
    Annual accounts 202252,9 k €↓
  5. 2018
    Annual accounts 2018133,2 k €↑
  6. 2017
    Annual accounts 20178 k €↑
  7. 2016
    Annual accounts 20167,8 k €↓
  8. 2015
    Annual accounts 201537,1 k €↑
  9. 2014
    Annual accounts 201412,2 k €↓
  10. 2013
    Annual accounts 201326,9 k €↓
  11. 2012
    Annual accounts 201239 k €
  12. 19/08/2011
    IncorporationPrivate limited company