OPENING OF BANKRUPTCY

HORIZZON Development

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Financial year 2024 · closed on 31/12/2024

Net result

-16,9 k €

-356.6% YoY

Gross margin

18,4 k €

-62.9% YoY

Equity

108,4 k €

-13.5% YoY

Company — Opening of bankruptcy.

Strike-off: 16 septembre 2026

What does HORIZZON Development do?

HORIZZON Development is a Private limited company incorporated in 2007. Its registered office is in Auderghem.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0893.798.481

Incorporation

28/11/2007

Legal form

Private limited company

Registered office

Rue Valduc 72
1160 Auderghem · BruxellesSee on map

Contributed capital

12 500,00 €

Latest accounts

31/12/2024

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	18,4 k €	-62.9%	49,6 k €	+1291%	3,6 k €	-94.0%	59,5 k €	+39.3%	42,7 k €	-28.2%	59,5 k €	+57.5%	37,8 k €	-14.5%	44,2 k €	-38.9%	72,3 k €	+386%	-25,3 k €	-211%	22,9 k €	+46.8%	15,6 k €	-81.9%	86,1 k €	+326%	20,2 k €	-23.0%	26,3 k €	-31.3%	38,2 k €	-12.3%	43,6 k €	+27.9%	34,1 k €
EBITDA	13,2 k €	-69.9%	44,0 k €	+1150%	3,5 k €	-93.9%	57,5 k €	+50.2%	38,3 k €	-29.7%	54,4 k €	+67.2%	32,6 k €	-0.8%	32,8 k €	-53.2%	70,2 k €	+366%	-26,4 k €	-221%	21,7 k €	+48.3%	14,6 k €	-82.6%	84,1 k €	+355%	18,5 k €	-29.3%	26,1 k €	-31.4%	38,1 k €	-11.8%	43,2 k €	+27.1%	34,0 k €
Operating result	-12,7 k €	-192%	13,8 k €	+160%	-23,2 k €	-174%	31,4 k €	+483%	5,4 k €	-80.1%	27,1 k €	+202%	9,0 k €	+40.8%	6,4 k €	-79.4%	30,9 k €	+152%	-59,6 k €	-1037%	6,4 k €	+19772%	32,0 €	-100.0%	69,6 k €	+792%	7,8 k €	-49.4%	15,4 k €	-48.0%	29,7 k €	-16.9%	35,7 k €	+12.9%	31,6 k €
Net result	-16,9 k €	-357%	6,6 k €	+118%	-36,0 k €	-241%	25,5 k €	+1061%	-2,7 k €	-117%	15,2 k €	+301%	3,8 k €	+1852%	-216,6 €	-101%	30,6 k €	+155%	-55,9 k €	-911%	6,9 k €	+712%	-1,1 k €	-102%	50,2 k €	+9119%	544,0 €	-94.6%	10,1 k €	-41.7%	17,4 k €	-22.9%	22,5 k €	+16.6%	19,3 k €
Balance sheet
Equity	108,4 k €	-13.5%	125,3 k €	+5.6%	118,7 k €	-23.3%	154,7 k €	+19.8%	129,2 k €	-2.0%	131,8 k €	+13.0%	116,6 k €	+3.4%	112,8 k €	-0.2%	113,0 k €	+37.1%	82,4 k €	-40.4%	138,3 k €	+5.2%	131,4 k €	-0.8%	132,5 k €	+60.9%	82,4 k €	+0.7%	81,8 k €	+14.1%	71,7 k €	+32.0%	54,4 k €	+70.8%	31,8 k €
Total assets	244,0 k €	-5.2%	257,5 k €	-8.0%	279,8 k €	-12.8%	320,9 k €	-3.9%	334,0 k €	-6.0%	355,3 k €	+1.2%	351,1 k €	-0.3%	352,2 k €	-73.1%	1,3 M €	-0.1%	1,3 M €	+24.7%	1,1 M €	+321%	249,8 k €	-1.7%	254,3 k €	+41.3%	180,0 k €	+15.6%	155,8 k €	+39.6%	111,6 k €	+27.4%	87,6 k €	+63.7%	53,5 k €
Cash	–		–		16,4 k €	+791%	1,8 k €	-81.2%	9,8 k €		–		9,0 k €	+37.9%	6,5 k €	-84.7%	42,5 k €	+1016%	3,8 k €	-42.6%	6,6 k €	+32.6%	5,0 k €	-13.9%	5,8 k €	+18.3%	4,9 k €	-58.9%	12,0 k €		–		11,5 k €	+5.3%	11,0 k €
Debts	135,7 k €	+2.6%	132,2 k €	-17.9%	161,1 k €	-3.1%	166,2 k €	-18.9%	204,8 k €	-8.3%	223,4 k €	-4.7%	234,4 k €	-2.1%	239,4 k €	-45.1%	436,1 k €	-6.7%	467,5 k €	+208%	151,8 k €	+28.2%	118,4 k €	-2.7%	121,7 k €	+24.7%	97,6 k €	+32.0%	73,9 k €	+85.3%	39,9 k €	+20.0%	33,2 k €	+53.3%	21,7 k €

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

OLIVIER HASQUIN

Director · since 27 novembre 2007

Active

Ended mandates

OLIVIER HASQUIN

Managing director · since 27 novembre 2007

Ended

OLIVIER HASQUIN

Manager · since 27 novembre 2007

Ended

Olivier HASQUIN

Manager · since 02 janvier 2007

Ended

OLIVIER HASQUIN

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/10/2025	29/08/2024	06/09/2023	27/10/2022	28/09/2021	15/07/2020
General meeting	30/05/2025	24/05/2024	28/05/2023	28/05/2022	28/05/2021	29/05/2020
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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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	30/05/2025	06/10/2025	French	PDF
Micro model	31/12/2023	24/05/2024	29/08/2024	French	PDF
Micro model	31/12/2022	28/05/2023	06/09/2023	French	PDF
Micro model	31/12/2021	28/05/2022	27/10/2022	French	PDF
Micro model	31/12/2020	28/05/2021	28/09/2021	French	PDF
Micro model	31/12/2019	29/05/2020	15/07/2020	French	PDF
Micro model	31/12/2018	31/05/2019	16/09/2019	French	PDF
Micro model	31/12/2017	05/06/2018	15/11/2018	French	PDF
Abridged model	31/12/2016	05/06/2018	21/06/2018	French	PDF
Abridged model	31/12/2015	27/05/2016	26/04/2018	French	PDF
Abridged model	31/12/2014	19/06/2015	22/10/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	16/02/2015	French	PDF
Abridged model	31/12/2012	20/09/2013	18/10/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	27/09/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	16/09/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	28/10/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	27/08/2008	French	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

OLIVIER HASQUIN

Director · since 27 novembre 2007

Active

Ended mandates

OLIVIER HASQUIN

Managing director · since 27 novembre 2007

Ended

OLIVIER HASQUIN

Manager · since 27 novembre 2007

Ended

Olivier HASQUIN

Manager · since 02 janvier 2007

Ended

OLIVIER HASQUIN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/02/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Other07/12/2007
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

2024
Annual accounts 2024-16,9 k €↓
2023
Annual accounts 20236,6 k €↑
2022
Annual accounts 2022-36,0 k €↓
2021
Annual accounts 202125,5 k €↑
2020
Annual accounts 2020-2,7 k €↓
2019
Annual accounts 201915,2 k €↑
2018
Annual accounts 20183,8 k €↑
2017
Annual accounts 2017-216,6 €↓
2016
Annual accounts 201630,6 k €↑
2015
Annual accounts 2015-55,9 k €↓
2014
Annual accounts 20146,9 k €↑
2013
Annual accounts 2013-1,1 k €↓
2012
Annual accounts 201250,2 k €↑
2011
Annual accounts 2011544,0 €↓
2010
Annual accounts 201010,1 k €↓
2009
Annual accounts 200917,4 k €↓
2008
Annual accounts 200822,5 k €↑
2007
Annual accounts 200719,3 k €
28/11/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HORIZZON Development

Overview

What does HORIZZON Development do?

Trend over 18 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline