ACTIVE

FEDERATION BELGE DES COURSES HIPPIQUES

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Financial year 2024 · Closed on 31/12/2024

Net result36,3 k €+158,6 %over 1 year
Gross margin413,2 k €-9,0 %over 1 year
Equity584 k €+6,6 %over 1 year
Workforce3,2 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

FEDERATION BELGE DES COURSES HIPPIQUES is a Non-profit organization incorporated in 1998. Its main activity is: Other sports activities. Its registered office is in Mons. It employs on average 3,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.000.776
Incorporation
30/06/1998
Legal form
Non-profit organization
Registered office
Route de Wallonie (G.) 31 box A
7011 Mons · WallonieSee on map
Latest accounts
31/12/2024
Average workforce
3,2 ETP
Joint committees (1)
  • 337
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20242023202220212020
Income statement
Gross margin413,2 k €454,3 k €384,2 k €478,7 k €691 k €
EBITDA169,4 k €76,5 k €31,1 k €191,4 k €335,9 k €
Operating result25 k €-63,3 k €-135 k €-37,8 k €65,3 k €
Net result36,3 k €-62 k €-57,4 k €39,2 k €46,6 k €
Balance sheet
Equity584 k €547,7 k €609,6 k €667 k €627,8 k €
Total assets2,6 M €2,4 M €2,1 M €2,5 M €2,2 M €
Cash2 M €1,4 M €1,2 M €1,8 M €1,2 M €
Debts1,6 M €1,4 M €1 M €1,3 M €1 M €
Other
Workforce3,2 ETP4,0 ETP4,0 ETP4,1 ETP4,8 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 31/12/2024

23 active · 58 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Achille Cassart
DirectorChairman of the board of directorsended
Bernard Stoffel
Director
Carlo Beetens
Director
Cécile Lassois
Director
Christophe De Groote
Director
Christophe Dehens
Director
Daniël Dumoulin
Director
David Leroi
Director
DRAFRENNEN TONGEREN0461.720.196
Director
Freddy Grisez
Director
Georges MEWISSEN
Director
Guillaume COURBOT
Director
Gunther Descheemaeker
Director
HIPPODROME DE WALLONIE A MONS0468.511.879
Director
Jean Daneau
DirectorMandateended
Lieven De Groote
Director
Ludo Maes
Director
Marnix De Groote
Director
Nico Marchal
Director
Piet VAN POLLAERT
Director
Sacha Stappaerts
Director
Thierry De Vlaminck
Director
Wim VAN DE POEL
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
. HYPPODROME DE WALLONIE
Director
(Sleurs Hedwig) Drafwedrennen Tongeren
Director
Achille Cassaert
Vice-chairman of the board of directors
André Cotille
Director

Other companies at this address

Route de Wallonie (G.) 31 7011 Mons
CompanyCBE no.
Association pour la Promotion de l'Elevage Chevalin et des Sports Equestres● Active
0454.614.749
Belgian Thoroughbred Breeders Association● Active
0806.144.135
INDJI● Liquidation
0444.707.782
VIDEO PROJECT● Active
0846.318.763

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/12/202513/12/202406/11/202305/01/202302/12/202128/12/2020
General meeting10/12/202520/11/202430/08/202324/11/202210/11/202116/12/2020
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202410/12/202523/12/2025FrenchPDF
Abridged model31/12/202320/11/202413/12/2024FrenchPDF
Abridged model31/12/202230/08/202306/11/2023FrenchPDF
Abridged model31/12/202124/11/202205/01/2023FrenchPDF
Abridged model31/12/202010/11/202102/12/2021FrenchPDF
Abridged model31/12/201916/12/202028/12/2020FrenchPDF
Abridged model31/12/201814/10/201921/10/2019FrenchPDF
Abridged model31/12/201724/05/201820/08/2018DutchPDF
Abridged model31/12/201625/07/201728/08/2017DutchPDF
Abridged model31/12/201016/06/201106/07/2011DutchPDF
Abridged model31/12/200826/05/200910/09/2009DutchPDF
Abridged model31/12/200721/05/200810/07/2008DutchPDF
Abridged model31/12/200617/10/200711/12/2007DutchPDF

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 31/12/2024

23 active · 58 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Achille Cassart
DirectorChairman of the board of directorsended
Bernard Stoffel
Director
Carlo Beetens
Director
Cécile Lassois
Director
Christophe De Groote
Director
Christophe Dehens
Director
Daniël Dumoulin
Director
David Leroi
Director
DRAFRENNEN TONGEREN0461.720.196
Director
Freddy Grisez
Director
Georges MEWISSEN
Director
Guillaume COURBOT
Director
Gunther Descheemaeker
Director
HIPPODROME DE WALLONIE A MONS0468.511.879
Director
Jean Daneau
DirectorMandateended
Lieven De Groote
Director
Ludo Maes
Director
Marnix De Groote
Director
Nico Marchal
Director
Piet VAN POLLAERT
Director
Sacha Stappaerts
Director
Thierry De Vlaminck
Director
Wim VAN DE POEL
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
. HYPPODROME DE WALLONIE
Director
(Sleurs Hedwig) Drafwedrennen Tongeren
Director
Achille Cassaert
Vice-chairman of the board of directors
André Cotille
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other19/12/2022
    DIVERS
    PDF
  • Other19/12/2022
    DIVERS
    PDF
  • Other19/12/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/12/2017
    DEMISSIONS, NOMINATIONS
    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
Filings11 filings
19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
FEDERATION BELGE DES COURSES HIPPIQUES
Route de Wallonie 31A, 7011 Ghlin
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Route de Wallonie (G.) 31 bte A, 7011 GhlinCurrent
CBE
Route de Wallonie 31A, 7011 Ghlin
accounts 2021 → 2024
Accounts 2024 · 2025-00589112

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
FEDERATION BELGE DES COURSES HIPPIQUESCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00589112

Events

  1. 2024
    Annual accounts 202436,3 k €↑
  2. 2023
    Annual accounts 2023-62 k €↓
  3. 2022
    Annual accounts 2022-57,4 k €↓
  4. 2021
    Annual accounts 202139,2 k €↓
  5. 2020
    Annual accounts 202046,6 k €↑
  6. 2019
    Annual accounts 2019-27,6 k €↑
  7. 2018
    Annual accounts 2018-37,1 k €↓
  8. 2017
    Annual accounts 201754,3 k €↑
  9. 2016
    Annual accounts 201615,6 k €↑
  10. 2010
    Annual accounts 20102,7 k €↓
  11. 2008
    Annual accounts 200865,1 k €
  12. 30/06/1998
    IncorporationNon-profit organization