HORIZON -HD
0870.024.969 · rovalta.com · 24/09/2026
ACTIVE
HORIZON -HD
Financial year 2025 · closed on 31/12/2025
Net result
26,3 k €
-0.5% YoY
Revenue
186,3 k €
-5.0% YoY
Equity
255,1 k €
-18.1% YoY
Overview
What does HORIZON -HD do?
HORIZON -HD is a Private limited company incorporated in 2004. Its registered office is in Namur.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.024.969
Incorporation
17/11/2004
Legal form
Private limited company
Registered office
Rue Eugène Copette(CH) 27
5020 Namur · WallonieSee on map
5020 Namur · WallonieSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Joint committees (1)
- 146
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 186,3 k € | -5.0% | 196,2 k € | -20.6% | 247,2 k € | +9.2% | 226,3 k € | -11.9% | 256,8 k € | +6.8% | 240,4 k € | -19.6% | 298,9 k € | -3.7% | 310,3 k € | -7.4% | 335,3 k € | +1.9% | 329,2 k € | +50.2% | 219,2 k € | +4.3% | 210,2 k € | -20.3% | 263,7 k € | -2.4% | 270,3 k € | -5.7% | 286,7 k € | +34.5% | 213,1 k € | -3.8% | 221,5 k € | -7.7% | 239,9 k € | +17.0% | 205,1 k € | +10.7% | 185,2 k € |
| EBITDA | 46 k € | -3.5% | 47,7 k € | -3.8% | 49,6 k € | +24.2% | 39,9 k € | -53.6% | 86 k € | +46.8% | 58,6 k € | -37.5% | 93,8 k € | -8.8% | 102,8 k € | -7.1% | 110,6 k € | +30.7% | 84,6 k € | +54.1% | 54,9 k € | -5.0% | 57,8 k € | +62.2% | 35,6 k € | -43.8% | 63,4 k € | -36.9% | 100,4 k € | +76.4% | 56,9 k € | -23.4% | 74,4 k € | +2.6% | 72,4 k € | +49.6% | 48,4 k € | +47.0% | 32,9 k € |
| Operating result | 35,6 k € | -18.0% | 43,4 k € | -2.0% | 44,3 k € | +25.3% | 35,3 k € | -47.8% | 67,7 k € | +143% | 27,9 k € | -54.6% | 61,4 k € | -14.6% | 72 k € | -19.9% | 89,9 k € | +48.7% | 60,4 k € | +32.8% | 45,5 k € | +37.9% | 33 k € | +4342% | 742,8 € | -97.4% | 28,1 k € | -56.4% | 64,4 k € | +159% | 24,9 k € | -46.2% | 46,3 k € | +3.7% | 44,7 k € | +511% | 7,3 k € | +553% | -1,6 k € |
| Net result | 26,3 k € | -0.5% | 26,4 k € | -13.2% | 30,4 k € | -1.2% | 30,8 k € | -34.8% | 47,3 k € | +109% | 22,6 k € | -42.0% | 39 k € | -28.6% | 54,7 k € | -9.1% | 60,1 k € | +36.9% | 43,9 k € | +50.8% | 29,1 k € | +41.6% | 20,6 k € | +2319% | -927,3 € | -108% | 11,2 k € | -75.7% | 46 k € | +212% | 14,8 k € | -52.0% | 30,7 k € | -9.2% | 33,8 k € | +404% | 6,7 k € | +258% | -4,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 255,1 k € | -18.1% | 311,5 k € | +9.3% | 285,1 k € | -0.4% | 286,2 k € | -6.2% | 305,1 k € | +17.6% | 259,5 k € | -8.2% | 282,6 k € | +15.3% | 245,1 k € | +3.6% | 236,7 k € | +28.6% | 184,1 k € | +31.3% | 140,1 k € | +26.2% | 111 k € | +147% | 45 k € | -53.3% | 96,4 k € | +13.1% | 85,2 k € | -19.0% | 105,2 k € | +13.8% | 92,4 k € | +16.5% | 79,4 k € | +65.6% | 47,9 k € | +16.3% | 41,2 k € |
| Total assets | 444,8 k € | +12.6% | 395,2 k € | +8.1% | 365,6 k € | +7.6% | 339,7 k € | -3.8% | 353,1 k € | -5.8% | 375 k € | -3.3% | 387,7 k € | +6.4% | 364,3 k € | +13.3% | 321,6 k € | +12.5% | 286 k € | +51.6% | 188,7 k € | +27.7% | 147,8 k € | -2.9% | 152,1 k € | -3.1% | 157 k € | -31.5% | 229,1 k € | +54.8% | 148 k € | -9.6% | 163,7 k € | +12.0% | 146,2 k € | +13.2% | 129,2 k € | -2.8% | 132,9 k € |
| Cash | 389,7 k € | +4.1% | 374,5 k € | +8.2% | 346 k € | +9.0% | 317,3 k € | -4.0% | 330,7 k € | -1.1% | 334,3 k € | +12.3% | 297,6 k € | +18.7% | 250,7 k € | -3.4% | 259,5 k € | +27.4% | 203,7 k € | +27.9% | 159,3 k € | +39.2% | 114,4 k € | +37.9% | 83 k € | -7.3% | 89,5 k € | -13.4% | 103,3 k € | +29.3% | 79,8 k € | -12.4% | 91,1 k € | +33.1% | 68,5 k € | +87.2% | 36,6 k € | +47.0% | 24,9 k € |
| Debts | 189,7 k € | +127% | 83,7 k € | +4.0% | 80,5 k € | +50.6% | 53,5 k € | +11.5% | 48 k € | -58.5% | 115,6 k € | +9.9% | 105,2 k € | -9.8% | 116,5 k € | +37.1% | 85 k € | -16.6% | 101,9 k € | +110% | 48,5 k € | +32.0% | 36,8 k € | -65.7% | 107,2 k € | +76.9% | 60,6 k € | -57.9% | 143,9 k € | +236% | 42,8 k € | -40.0% | 71,3 k € | +8.1% | 66 k € | -18.8% | 81,2 k € | -4.3% | 84,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | 2,0 ETP | 0.0% | 2,0 ETP | – | – | – | – | – | 1,9 ETP | 0.0% | 1,9 ETP | -5.0% | 2,0 ETP | -13.0% | 2,3 ETP | -11.5% | 2,6 ETP | +13.0% | 2,3 ETP | +9.5% | 2,1 ETP | 0.0% | 2,1 ETP | +5.0% | 2,0 ETP | 0.0% | 2,0 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active
Active mandates
Hervé Delforge
Activeilona Wlodarkiewicz
ActiveFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Abridged model | Micro 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 | 29/05/2026 | 11/06/2025 | 29/06/2024 | 31/08/2023 | 22/06/2022 | 07/02/2022 |
| General meeting | 29/05/2026 | 02/06/2025 | 26/06/2024 | 24/08/2023 | 13/06/2022 | 25/07/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 29/05/2026 | 29/05/2026 | French | |
| Micro model | 31/12/2024 | 02/06/2025 | 11/06/2025 | French | |
| Micro model | 31/12/2023 | 26/06/2024 | 29/06/2024 | French | |
| Abridged model | 31/12/2022 | 24/08/2023 | 31/08/2023 | French | |
| Abridged model | 31/12/2021 | 13/06/2022 | 22/06/2022 | French | |
| Micro model | 31/12/2020 | 25/07/2021 | 07/02/2022 | French | |
| Micro model | 31/12/2019 | 16/08/2020 | 27/08/2020 | French | |
| Micro model | 31/12/2018 | 28/06/2019 | 12/08/2019 | French | |
| Micro model | 31/12/2017 | 07/05/2018 | 19/06/2018 | French | |
| Micro model | 31/12/2016 | 05/05/2017 | 29/06/2017 | French | |
| Abridged model | 31/12/2015 | 09/05/2016 | 16/06/2016 | French | |
| Abridged model | 31/12/2014 | 11/05/2015 | 23/06/2015 | French | |
| Abridged model | 31/12/2013 | 11/05/2014 | 19/06/2014 | French | |
| Abridged model | 31/12/2012 | 08/05/2013 | 26/06/2013 | French | |
| Abridged model | 31/12/2011 | 07/05/2012 | 11/06/2012 | French | |
| Abridged model | 31/12/2010 | 02/05/2011 | 20/06/2011 | French | |
| Abridged model | 31/12/2009 | 05/05/2010 | 24/06/2010 | French | |
| Abridged model | 31/12/2008 | 05/05/2009 | 24/06/2009 | French | |
| Abridged model | 31/12/2007 | 05/05/2008 | 20/06/2008 | French | |
| Abridged model | 31/12/2006 | 07/05/2007 | 08/06/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
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 · 2 active
Active mandates
Hervé Delforge
Activeilona Wlodarkiewicz
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates14/08/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
- Capital / shares12/04/2018CAPITAL, ACTIONS
- Capital / shares06/03/2014CAPITAL, ACTIONS
- Other14/02/2005DIVERS
- Other29/11/2004RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202526,3 k €↓
- 2024Annual accounts 202426,4 k €↓
- 2023Annual accounts 202330,4 k €↓
- 2022Annual accounts 202230,8 k €↓
- 2021Annual accounts 202147,3 k €↑
- 2020Annual accounts 202022,6 k €↓
- 2019Annual accounts 201939 k €↓
- 2018Annual accounts 201854,7 k €↓
- 2017Annual accounts 201760,1 k €↑
- 2016Annual accounts 201643,9 k €↑
- 2015Annual accounts 201529,1 k €↑
- 2014Annual accounts 201420,6 k €↑
- 2013Annual accounts 2013-927,3 €↓
- 2012Annual accounts 201211,2 k €↓
- 2011Annual accounts 201146 k €↑
- 2010Annual accounts 201014,8 k €↓
- 2009Annual accounts 200930,7 k €↓
- 2008Annual accounts 200833,8 k €↑
- 2007Annual accounts 20076,7 k €↑
- 2006Annual accounts 2006-4,2 k €
- 17/11/2004IncorporationPrivate limited company