ACTIVE

White & Moore Stables

Financial year 2025 · closed on 31/12/2025
Net result
-2,7 k €
+97.4% YoY
Gross margin
314,9 k €
+20.2% YoY
Equity
2,7 M €
-0.1% YoY
Workforce
3,0 ETP
-6.3% YoY

What does White & Moore Stables do?

White & Moore Stables is a Private limited company incorporated in 1991. Its registered office is in Zedelgem. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.937.416
Incorporation
31/08/1991
Legal form
Private limited company
Registered office
Torhoutsesteenweg 432
8210 Zedelgem · FlandreSee on map
Contributed capital
3 945 298,93 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (2)
  • 112
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin314,9 k €262,0 k €20,5 k €53,5 k €-56,1 k €269,5 k €47,5 k €44,6 k €84,7 k €163,8 k €256,0 k €156,4 k €205,1 k €218,3 k €178,5 k €213,3 k €215,1 k €182,4 k €
EBITDA172,6 k €115,2 k €-120,5 k €-85,8 k €-152,1 k €141,9 k €36,9 k €12,8 k €68,7 k €32,5 k €116,3 k €36,8 k €97,4 k €76,7 k €36,4 k €82,3 k €86,6 k €50,5 k €
Operating result34,4 k €-63,1 k €-159,9 k €-225,8 k €-297,7 k €110,2 k €25,0 k €575,2 €55,5 k €8,2 k €71,2 k €-9,4 k €53,4 k €34,5 k €6,2 k €50,6 k €61,8 k €23,3 k €
Net result-2,7 k €-103,8 k €-187,6 k €-246,3 k €-337,4 k €-44,3 k €29,2 k €-477,2 €297,2 k €-13,0 k €30,7 k €-45,4 k €18,2 k €13,9 k €-12,6 k €18,4 k €34,3 k €643,5 €
Balance sheet
Equity2,7 M €2,7 M €2,8 M €3,0 M €5,8 k €864,2 k €908,5 k €901,9 k €902,4 k €874,2 k €222,2 k €191,5 k €236,9 k €218,8 k €204,9 k €168,5 k €150,1 k €115,8 k €
Total assets3,5 M €3,5 M €3,5 M €3,5 M €3,2 M €1,8 M €932,2 k €1,2 M €1,4 M €1,1 M €1,1 M €1,3 M €1,0 M €934,9 k €888,9 k €853,2 k €838,1 k €675,5 k €
Cash247,9 k €22,2 k €2,6 k €2,8 k €823,9 €133,4 k €112,1 k €60,0 k €359,6 k €205,1 k €15,1 k €31,5 k €59,3 k €9,8 k €78,2 k €74,5 k €121,8 k €47,9 k €
Debts806,2 k €831,5 k €758,9 k €543,9 k €3,2 M €797,9 k €23,7 k €270,0 k €543,1 k €264,9 k €850,5 k €1,1 M €772,1 k €709,0 k €677,5 k €671,2 k €679,6 k €556,3 k €
Other
Workforce3,0 ETP3,2 ETP3,3 ETP3,8 ETP2,4 ETP1,3 ETP3,4 ETP2,8 ETP3,5 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Marie-Julie-Pascale Cracco

Director · since 31 août 2023

Active

Ended mandates

UNIT 7

Director · since 01 octobre 2019 · 0460.936.476

Represented by Cracco MARIE-JULIE-PASCALE

Ended
Marie-Julie-Pascale Cracco

Mandate · since 03 septembre 2018

Ended
Marie-Julie-Pascale Cracco

Director · since 03 septembre 2018 · until 01 octobre 2019

Ended
CFM

Manager · since 30 janvier 2015 · until 01 octobre 2019 · 0459.982.017

Represented by Philiep Cracco

Ended
Annual accounts

Full financial information

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 date22/05/202630/06/202501/07/202407/06/202302/06/202202/07/2021
General meeting27/04/202604/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/04/202622/05/2026DutchPDF
Abridged model31/12/202404/06/202530/06/2025DutchPDF
Abridged model31/12/202305/06/202401/07/2024DutchPDF
Abridged model31/12/202207/06/202307/06/2023DutchPDF
Abridged model31/12/202101/06/202202/06/2022DutchPDF
Abridged model31/12/202002/06/202102/07/2021DutchPDF
Abridged model31/12/201903/06/202002/07/2020DutchPDF
Abridged model30/06/201829/09/201831/10/2018DutchPDF
Abridged model30/06/201730/09/201730/10/2017DutchPDF
Abridged model30/06/201624/09/201623/11/2016DutchPDF
Abridged model30/06/201528/12/201518/02/2016DutchPDF
Abridged model30/06/201427/10/201428/10/2014DutchPDF
Abridged model30/06/201318/11/201313/12/2013DutchPDF
Abridged model30/06/201220/12/201216/01/2013DutchPDF
Abridged model30/06/201107/12/201113/12/2011DutchPDF
Abridged model30/06/201025/09/201004/10/2010DutchPDF
Abridged model30/06/200904/12/200907/12/2009DutchPDF
Abridged model30/06/200818/10/200829/10/2008DutchPDF
Abridged model30/06/200729/09/200705/10/2007DutchPDF
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.

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 31/12/2025 · 1 active · 9 ended

Active mandates

Marie-Julie-Pascale Cracco

Director · since 31 août 2023

Active

Ended mandates

UNIT 7

Director · since 01 octobre 2019 · 0460.936.476

Represented by Cracco MARIE-JULIE-PASCALE

Ended
Marie-Julie-Pascale Cracco

Mandate · since 03 septembre 2018

Ended
Marie-Julie-Pascale Cracco

Director · since 03 septembre 2018 · until 01 octobre 2019

Ended
CFM

Manager · since 30 janvier 2015 · until 01 octobre 2019 · 0459.982.017

Represented by Philiep Cracco

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/02/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares11/05/2010
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-2,7 k €
  2. 2024
    Annual accounts 2024-103,8 k €
  3. 2023
    Annual accounts 2023-187,6 k €
  4. 2022
    Annual accounts 2022-246,3 k €
  5. 2021
    Annual accounts 2021-337,4 k €
  6. 2019
    Annual accounts 2019-44,3 k €
  7. 2018
    Annual accounts 201829,2 k €
  8. 2017
    Annual accounts 2017-477,2 €
  9. 2016
    Annual accounts 2016297,2 k €
  10. 2015
    Annual accounts 2015-13,0 k €
  11. 2014
    Annual accounts 201430,7 k €
  12. 2013
    Annual accounts 2013-45,4 k €
  13. 2012
    Annual accounts 201218,2 k €
  14. 2011
    Annual accounts 201113,9 k €
  15. 2010
    Annual accounts 2010-12,6 k €
  16. 2009
    Annual accounts 200918,4 k €
  17. 2008
    Annual accounts 200834,3 k €
  18. 2007
    Annual accounts 2007643,5 €
  19. 31/08/1991
    IncorporationPrivate limited company