ACTIVE

HORIZON RETAIL INVESTERINGEN WP

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+26,3 %over 1 year
Gross margin-17,1 k €-87,0 %over 1 year
Equity17,8 M €+5,8 %over 1 year

Identity

Source · BCE/KBO

HORIZON RETAIL INVESTERINGEN WP is a Private company with limited liability incorporated in 2008. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0895.655.438
Incorporation
08/02/2008
Legal form
Private company with limited liability
Registered office
Oud Vliegveld 12
8400 Oostende · FlandreSee on map
Contributed capital
11 450 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin-17,1 k €-9,1 k €45,3 k €20,5 k €346,1 k €
EBITDA-21 k €-28 k €24,8 k €-72,7 k €338,1 k €
Operating result-34,9 k €-51,4 k €-19,2 k €-128,7 k €259,4 k €
Net result1,3 M €1 M €924,9 k €728 k €1,2 M €
Balance sheet
Equity17,8 M €16,9 M €15,8 M €14,9 M €14,2 M €
Total assets47,5 M €40,5 M €40,5 M €39,3 M €39,3 M €
Cash–41,5 k €–16,1 k €–
Debts29,6 M €23,6 M €24,6 M €24,3 M €25,1 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 13 ended

Active mandates

Edith De Ketelaere

bestuurder

Active
Olivia Vanmoerkerke

bestuurder

Active
William Vanmoerkerke

bestuurder

Active

Ended mandates

2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Marc Vanmoerkerke

Ended
2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Marc Vanmoerkerke

Ended
2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Mark Vanmoerkerke

Ended
Edith De Ketelaere

Director

Ended

Other companies at this address

Oud Vliegveld 12 8400 Oostende
CompanyCBE no.
2IM● Active
0888.808.129
De Noordzee● Active
0724.726.392
De Vuurtoren● Active
0768.961.758
HORIZON RETAIL INVESTERINGEN MVV● Active
0458.894.033
HOTEL BEL EUR● Active
0446.006.295
KEIGNAERT INVEST● Active
0451.926.463
LTI (be)● Active
1012.135.018
NOORDZEE INVESTMENTS● Active
0899.497.628
QRF MANAGEMENT● Active
0537.925.079

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202624/08/202530/08/202429/08/202330/08/202231/08/2021
General meeting03/06/202604/06/202505/06/202407/06/202301/06/202202/06/2021
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/06/202625/06/2026DutchPDF
Abridged model31/12/202404/06/202524/08/2025DutchPDF
Abridged model31/12/202305/06/202430/08/2024DutchPDF
Abridged model31/12/202207/06/202329/08/2023DutchPDF
Abridged model31/12/202101/06/202230/08/2022DutchPDF
Abridged model31/12/202002/06/202131/08/2021DutchPDF
Abridged model31/12/201903/06/202031/08/2020DutchPDF
Abridged model31/12/201805/06/201929/07/2019DutchPDF
Abridged model31/12/201706/06/201827/07/2018DutchPDF
Abridged model31/12/201607/06/201726/07/2017DutchPDF
Abridged model31/12/201501/06/201607/07/2016DutchPDF
Abridged model31/12/201403/06/201529/06/2015DutchPDF
Abridged model31/12/201304/06/201407/08/2014DutchPDF
Abridged model31/12/201205/06/201319/08/2013DutchPDF
Abridged model31/12/201106/06/201227/08/2012DutchPDF
Abridged model31/12/201001/06/201130/08/2011DutchPDF
Abridged model31/12/200902/06/201023/07/2010DutchPDF
Abridged model31/12/200803/06/200922/07/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025

3 active · 13 ended

Active mandates

Edith De Ketelaere

bestuurder

Active
Olivia Vanmoerkerke

bestuurder

Active
William Vanmoerkerke

bestuurder

Active

Ended mandates

2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Marc Vanmoerkerke

Ended
2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Marc Vanmoerkerke

Ended
2IM

Manager · since 04 janvier 2013 · 0888.808.129

Represented by Mark Vanmoerkerke

Ended
Edith De Ketelaere

Director

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/03/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/12/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring18/10/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other18/04/2017
    BENAMING
    PDF
  • Mandates18/04/2016
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares18/12/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/10/2013
    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 20251,3 M €↑
  2. 2025
    Name changeHORIZON RETAIL INVESTERINGEN WP
  3. 2024
    Annual accounts 20241 M €↑
  4. 2023
    Annual accounts 2023924,9 k €↑
  5. 2022
    Annual accounts 2022728 k €↓
  6. 2021
    Annual accounts 20211,2 M €↑
  7. 2021
    Name changeHorizon Retail Investeringen WP (Winkelpanden)
  8. 2020
    Annual accounts 2020873,2 k €↓
  9. 2019
    Annual accounts 20197,7 M €↑
  10. 2018
    Annual accounts 2018-836 k €↓
  11. 2017
    Annual accounts 20173,7 M €↑
  12. 2016
    Annual accounts 2016-833,5 k €↓
  13. 2015
    Annual accounts 2015-631,9 k €↓
  14. 2014
    Annual accounts 2014-453,7 k €↑
  15. 2013
    Annual accounts 2013-737,8 k €↑
  16. 2012
    Annual accounts 2012-823,3 k €↑
  17. 2011
    Annual accounts 2011-1,1 M €↑
  18. 2010
    Annual accounts 2010-7,6 M €↓
  19. 2009
    Annual accounts 2009-55,4 k €↓
  20. 2008
    Annual accounts 2008-15,7 k €
  21. 08/02/2008
    IncorporationPrivate company with limited liability