ACTIVE

Confédération belge du Cheval

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Financial year 2025 · Closed on 31/12/2025

Net result-33,3 k €-145,1 %over 1 year

Gross margin354,6 k €-4,8 %over 1 year

Equity2,3 M €-1,4 %over 1 year

Workforce2,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Confédération belge du Cheval is a Non-profit organization incorporated in 1981. Its main activity is: Gambling and betting activities. Its registered office is in Zaventem. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.772.826
Incorporation: 24/03/1981
Legal form: Non-profit organization
Registered office: Belgicastraat 9 box 3
1930 Zaventem · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 2,8 ETP

Activities (NACE)

92621Gambling and betting activities· main 93127Activities of sports clubs 93127Activities of sports clubs 94110Activities of business and employers membership organisations 94110Activities of business and employers membership organisations

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 25 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	354,6 k €	-4.8%	372,5 k €	+6.9%	348,6 k €	-27.5%	480,8 k €	+14.3%	420,6 k €
EBITDA	66,2 k €	-32.4%	97,9 k €	-36.9%	155,2 k €	-50.8%	315,4 k €	+18.8%	265,5 k €
Operating result	-41,9 k €	-697%	7 k €	-90.0%	70,1 k €	-73.0%	259,1 k €	+17.5%	220,5 k €
Net result	-33,3 k €	-145%	74 k €	-25.8%	99,6 k €	+1050%	-10,5 k €	-102%	567,1 k €
Balance sheet
Equity	2,3 M €	-1.4%	2,3 M €	+84.4%	1,3 M €	+8.5%	1,2 M €	-0.9%	1,2 M €
Total assets	2,9 M €	-2.7%	2,9 M €	+6.2%	2,8 M €	+3.3%	2,7 M €	+2.7%	2,6 M €
Cash	736 k €	-13.0%	846,2 k €	+23.7%	684,3 k €	-2.0%	698,5 k €	+41.9%	492,2 k €
Debts	172,6 k €	-18.3%	211,2 k €	+71.6%	123 k €	-9.0%	135,2 k €	+146%	55 k €
Other
Workforce	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	+3.7%	2,7 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 31/12/2025

0 active · 31 ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Noël Robert	Director17/06/2024 → 29/06/2026
Achille Cassart	Director29/06/2022 → 29/06/2026
Frank Gasthuys	Chairman of the board of directors29/06/2022 → 29/06/2026
Jacques Fraselle	Director29/06/2022 → 29/06/2026

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	27/08/2026	31/07/2025	11/09/2024	11/09/2024	11/09/2024	11/09/2024
General meeting	23/06/2026	31/03/2025	17/06/2024	27/06/2023	29/06/2022	22/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	31/03/2025	31/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	17/06/2024	11/09/2024	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	31/07/2024	Dutch	PDF
Abridged modelCorrection	31/12/2022	27/06/2023	11/09/2024	Dutch	PDF
Abridged model	31/12/2022	27/06/2023	30/08/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	29/06/2022	11/09/2024	French	PDF
Abridged model	31/12/2021	29/06/2022	31/08/2022	French	PDF
Abridged modelCorrection	31/12/2020	22/04/2021	11/09/2024	French	PDF
Abridged model	31/12/2020	22/04/2021	31/08/2021	French	PDF
Abridged modelCorrection	31/12/2019	15/07/2020	11/09/2024	French	PDF
Abridged model	31/12/2019	15/07/2020	28/10/2020	French	PDF
Abridged modelCorrection	31/12/2018	23/04/2019	11/09/2024	French	PDF
Abridged model	31/12/2018	23/04/2019	19/07/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	12/09/2017	French	PDF
Abridged model	31/12/2015	29/03/2016	12/09/2017	French	PDF
Abridged model	31/12/2014	11/03/2015	12/09/2017	French	PDF
Abridged model	31/12/2013	26/04/2014	05/06/2014	French	PDF
Abridged model	31/12/2012	06/04/2013	22/05/2013	French	PDF
Abridged model	31/12/2011	18/02/2012	21/03/2012	French	PDF
Abridged model	31/12/2010	07/05/2011	04/08/2011	French	PDF
Abridged model	31/12/2009	08/05/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	06/07/2010	French	PDF
Abridged model	31/12/2007	08/06/2008	05/07/2010	French	PDF

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 31/12/2025

0 active · 31 ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Noël Robert	Director17/06/2024 → 29/06/2026
Achille Cassart	Director29/06/2022 → 29/06/2026
Frank Gasthuys	Chairman of the board of directors29/06/2022 → 29/06/2026
Jacques Fraselle	Director29/06/2022 → 29/06/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates01/09/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates11/12/2024
DEMISSIONS, NOMINATIONS
PDF
Other08/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other29/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Noël Robert

Marc Stenoo

Joëlle Dumont

Frank Gasthuys

Maude DE SMEDT

Joëlle GOEME

Achille Cassart

Tom LEMMENS

Jozef Bauters

Marc Pierson

Jacques Fraselle

Marc Steeno

and 19 more mandates

1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Confédération belge du Cheval

BELGICASTRAAT 9/3, 1930 ZaventemBelgicastraat 9 bte 3, 1930 Zaventem

Director

Vice-chairman of the board of directorsDirector

Chairman of the board of directorsDirector

Director

Vice-chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Belgicastraat 9 bte 3, 1930 ZaventemCurrent		CBE
BELGICASTRAAT 9/3, 1930 Zaventem	accounts 2024 → 2025	Accounts 2025 · 2026-00433756
Belgicastraat 9 bte 3, 1930 Zaventem	accounts 2018 → 2023	Accounts 2023 · 2024-00460068

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Confédération belge du ChevalCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00433756

Events

2025
Annual accounts 2025-33,3 k €↓
2024
Annual accounts 202474 k €↓
2023
Annual accounts 202399,6 k €↑
2022
Annual accounts 2022-10,5 k €↓
2021
Annual accounts 2021567,1 k €↑
2020
Annual accounts 202062,2 k €↑
2019
Annual accounts 201922,1 k €↑
2018
Annual accounts 2018-293,5 k €↓
2017
Annual accounts 2017-7,4 k €↑
2016
Annual accounts 2016-574,1 k €↓
2015
Annual accounts 2015-396,7 k €↓
2014
Annual accounts 2014-202,3 k €↓
2013
Annual accounts 2013-118,6 k €↓
2012
Annual accounts 2012-41,4 k €↓
2011
Annual accounts 2011-1,7 k €↓
2010
Annual accounts 2010307,1 €↓
2009
Annual accounts 20091,1 M €↑
2008
Annual accounts 2008136,9 k €
24/03/1981
IncorporationNon-profit organization

Confédération belge du Cheval

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events