HORENA
0845.732.706 · rovalta.com · 22/09/2026
ACTIVE
HORENA
Financial year 2025 · closed on 31/12/2025
Net result
-108,1 k €
+8.2% YoY
Equity
-1,6 M €
-7.1% YoY
Overview
What does HORENA do?
HORENA is a Public limited company incorporated in 2012. Its main activity is: Hotels and similar accommodation. Its registered office is in Wortegem-Petegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0845.732.706
Incorporation
07/05/2012
Legal form
Public limited company
Registered office
Kouter (E.) 3
9790 Wortegem-Petegem · FlandreSee on map
9790 Wortegem-Petegem · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 302
Signals
Good liquidity
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Revenue | – | 0 € | -100% | 270,4 k € | +1.9% | 265,3 k € | +64.0% | 161,8 k € | +68.4% | 96,1 k € | -58.6% | 231,8 k € | +0.4% | 230,9 k € | +4.1% | 221,7 k € | +15.4% | 192,2 k € | -36.2% | 301,3 k € | -12.6% | 344,7 k € | +11.3% | 309,6 k € | +96.1% | 157,9 k € | |
| EBITDA | -17,5 k € | +35.2% | -27 k € | -221% | 22,3 k € | -34.0% | 33,8 k € | +298% | 8,5 k € | +168% | -12,6 k € | -137% | 33,9 k € | +61.6% | 21 k € | +191% | 7,2 k € | -56.6% | 16,6 k € | +109% | -182,5 k € | +11.0% | -205,1 k € | +18.7% | -252,2 k € | +0.6% | -253,6 k € |
| Operating result | -107,7 k € | +8.1% | -117,2 k € | -74.1% | -67,3 k € | -22.4% | -55 k € | +30.7% | -79,3 k € | +20.1% | -99,3 k € | -84.8% | -53,7 k € | +19.8% | -67 k € | +19.8% | -83,5 k € | -7.8% | -77,5 k € | +72.0% | -276,7 k € | +7.3% | -298,4 k € | +13.4% | -344,5 k € | -30.7% | -263,6 k € |
| Net result | -108,1 k € | +8.2% | -117,7 k € | -67.0% | -70,5 k € | -21.0% | -58,3 k € | +28.2% | -81,2 k € | +19.6% | -100,9 k € | -77.0% | -57 k € | +18.8% | -70,2 k € | +18.8% | -86,4 k € | -7.5% | -80,4 k € | +71.2% | -279,5 k € | +7.5% | -302 k € | +14.2% | -351,9 k € | -32.8% | -264,9 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | -1,6 M € | -7.1% | -1,5 M € | -8.4% | -1,4 M € | -5.3% | -1,3 M € | -4.6% | -1,3 M € | -6.8% | -1,2 M € | -9.2% | -1,1 M € | -5.5% | -1 M € | -7.3% | -965,2 k € | -9.8% | -878,8 k € | -10.1% | -798,3 k € | -53.9% | -518,8 k € | -139% | -216,8 k € | -261% | 135,1 k € |
| Total assets | 753,7 k € | -13.6% | 872,2 k € | -12.2% | 993,4 k € | -7.3% | 1,1 M € | -6.1% | 1,1 M € | -4.7% | 1,2 M € | -7.6% | 1,3 M € | -4.6% | 1,4 M € | -5.7% | 1,4 M € | -5.3% | 1,5 M € | -5.9% | 1,6 M € | -8.0% | 1,8 M € | -3.6% | 1,8 M € | -22.6% | 2,4 M € |
| Cash | 43,3 k € | -40.7% | 73,1 k € | -25.7% | 98,4 k € | +4.5% | 94,2 k € | +48.1% | 63,6 k € | -35.6% | 98,8 k € | -2.8% | 101,7 k € | +27.2% | 79,9 k € | +9.6% | 72,9 k € | +12.9% | 64,6 k € | +23.3% | 52,4 k € | -50.9% | 106,8 k € | +43.2% | 74,6 k € | -32.3% | 110,2 k € |
| Debts | 2,4 M € | -0.5% | 2,4 M € | -0.2% | 2,4 M € | -0.3% | 2,4 M € | -0.4% | 2,4 M € | +1.1% | 2,4 M € | +0.1% | 2,4 M € | -0.2% | 2,4 M € | -0.4% | 2,4 M € | +0.1% | 2,4 M € | -0.5% | 2,4 M € | +5.9% | 2,3 M € | +11.6% | 2 M € | -8.2% | 2,2 M € |
| Other | |||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 2,7 ETP | -30.8% | 3,9 ETP | +5.4% | 3,7 ETP | +68.2% | 2,2 ETP | ||||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 7 ended
Active mandates
Active
Active
FILIP VAN HAUTEGEM
ActiveActive
SEM NAESSENS
ActiveVeerle Naessens
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ANFIBE TRADING● Active | 0460.679.328 |
Bedrijvenpark Steenpoort● Active | 1015.111.532 |
Bekaert Depla● Active | 0405.406.253 |
Bilkhage● Active | 0551.956.328 |
BLANCKE● Active | 0821.855.363 |
CFGVH● Active | 0725.900.191 |
CONSILITECH● Active | 0500.957.983 |
DECOTA● Active | 0434.059.261 |
Fresh Food Group● Active | 0800.140.528 |
GOSSEYE● Active | 0417.881.344 |
ISOPUR● Active | 0461.488.584 |
Koutermolen● Active | 0738.456.347 |
LCV Development● Active | 0435.582.062 |
LCV INVEST● Active | 0430.969.416 |
Lokeren E17● Active | 0777.484.989 |
MAFAWINA● Active | 1033.334.268 |
Meat Atelier● Active | 0662.545.632 |
MIK● Active | 0447.983.612 |
NSB● Active | 0725.890.590 |
ODIWINA● Active | 1033.334.466 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 12/06/2026 | 24/06/2025 | 31/07/2024 | 26/07/2023 | 27/07/2022 | 12/08/2021 |
| General meeting | 27/05/2026 | 28/05/2025 | 29/05/2024 | 31/05/2023 | 25/05/2022 | 16/06/2021 |
| 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 |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/05/2026 | 12/06/2026 | Dutch | |
| Full model | 31/12/2024 | 28/05/2025 | 24/06/2025 | Dutch | |
| Full model | 31/12/2023 | 29/05/2024 | 31/07/2024 | Dutch | |
| Full model | 31/12/2022 | 31/05/2023 | 26/07/2023 | Dutch | |
| Full model | 31/12/2021 | 25/05/2022 | 27/07/2022 | Dutch | |
| Full model | 31/12/2020 | 16/06/2021 | 12/08/2021 | Dutch | |
| Full model | 31/12/2019 | 17/06/2020 | 14/08/2020 | Dutch | |
| Full model | 31/12/2018 | 19/06/2019 | 08/08/2019 | Dutch | |
| Full model | 31/12/2017 | 30/05/2018 | 30/08/2018 | Dutch | |
| Full model | 31/12/2016 | 31/05/2017 | 30/06/2017 | Dutch | |
| Full model | 31/12/2015 | 25/05/2016 | 31/08/2016 | Dutch | |
| Full model | 31/12/2014 | 27/05/2015 | 18/08/2015 | Dutch | |
| Full model | 31/12/2013 | 18/06/2014 | 17/07/2014 | Dutch | |
| Full model | 31/12/2012 | 29/05/2013 | 11/07/2013 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 7 ended
Active mandates
Active
Active
FILIP VAN HAUTEGEM
ActiveActive
SEM NAESSENS
ActiveVeerle Naessens
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-108,1 k €↑
- 2024Annual accounts 2024-117,7 k €↓
- 2023Annual accounts 2023-70,5 k €↓
- 2022Annual accounts 2022-58,3 k €↑
- 2021Annual accounts 2021-81,2 k €↑
- 2020Annual accounts 2020-100,9 k €↓
- 2019Annual accounts 2019-57 k €↑
- 2018Annual accounts 2018-70,2 k €↑
- 2017Annual accounts 2017-86,4 k €↓
- 2016Annual accounts 2016-80,4 k €↑
- 2015Annual accounts 2015-279,5 k €↑
- 2014Annual accounts 2014-302 k €↑
- 2013Annual accounts 2013-351,9 k €↓
- 2012Annual accounts 2012-264,9 k €
- 07/05/2012IncorporationPublic limited company