BLACK HORSES BELGIUM
0565.947.389 · rovalta.com · 26/09/2026
ACTIVE
BLACK HORSES BELGIUM
Financial year 2025 · Closed on 31/12/2025
Net result-66 k €-334,6 %over 1 year
Gross margin15,4 k €-46,9 %over 1 year
Equity5,4 M €+1 400,2 %over 1 year
Overview
Identity
Source · BCE/KBOBLACK HORSES BELGIUM is a Public limited company incorporated in 2014. Its main activity is: Raising of horses and other equines. Its registered office is in Westerlo.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0565.947.389
- Incorporation
- 24/10/2014
- Legal form
- Public limited company
- Registered office
- Grote Markt 4
2260 Westerlo · FlandreSee on map - Contributed capital
- 5 984 000,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
Solid equityPositive cashflowPositive EBITDA
Financials
Source · NBB, 12 filingsTrend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 15,4 k € | -46.9% | 29 k € | +131% | -92,7 k € | -9.7% | -84,6 k € | -20.3% | -70,3 k € |
| EBITDA | 13,9 k € | -51.1% | 28,4 k € | +130% | -93,5 k € | -9.5% | -85,4 k € | -20.4% | -70,9 k € |
| Operating result | -65,4 k € | -330% | 28,4 k € | +130% | -93,5 k € | -9.5% | -85,4 k € | -20.4% | -70,9 k € |
| Net result | -66 k € | -335% | 28,1 k € | +130% | -93,7 k € | -9.4% | -85,7 k € | -20.1% | -71,4 k € |
| Balance sheet | |||||||||
| Equity | 5,4 M € | +1400% | -418,2 k € | +6.3% | -446,4 k € | -26.6% | -352,6 k € | -32.1% | -267 k € |
| Total assets | 6 M € | +7621% | 78 k € | -53.9% | 169,3 k € | -35.6% | 263 k € | +51.3% | 173,8 k € |
| Cash | 77,3 k € | +582% | 11,3 k € | +1.7% | 11,1 k € | -2.0% | 11,4 k € | -2.3% | 11,6 k € |
| Debts | 582,8 k € | +17.4% | 496,2 k € | -19.4% | 615,7 k € | +0.0% | 615,6 k € | +39.7% | 440,7 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 12 ended
Active mandates
Active
Wobbe Kramer
ActiveEnded mandates
J. VINK JR. HOLDING B.V.
EndedJ. VINK JR. HOLDING B.V.
EndedOther companies at this address
Grote Markt 4 2260 Westerlo| Company | CBE no. |
|---|---|
DRIES GOYENS● Active | 0894.566.365 |
EVPLUS● Active | 0675.978.548 |
Financials
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 | 08/06/2026 | 17/07/2025 | 16/07/2024 | 23/08/2023 | 15/07/2022 | 20/07/2021 |
| General meeting | 26/05/2026 | 26/05/2025 | 27/05/2024 | 30/05/2023 | 30/05/2022 | 31/05/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 12 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 26/05/2026 | 08/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 26/05/2025 | 17/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 27/05/2024 | 16/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/05/2023 | 23/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/05/2022 | 15/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 31/05/2021 | 20/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 15/06/2020 | 23/07/2020 | Dutch | |
| Abridged modelCorrection | 31/12/2018 | 28/06/2019 | 03/10/2019 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 30/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 24/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/05/2016 | 19/09/2016 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 12 ended
Active mandates
Active
Wobbe Kramer
ActiveEnded mandates
J. VINK JR. HOLDING B.V.
EndedJ. VINK JR. HOLDING B.V.
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Capital / shares21/05/2025KAPITAAL - AANDELEN
- Mandates02/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates02/06/2017ONTSLAGEN - BENOEMINGEN
- Registered office31/03/2017BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other05/11/2014RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-66 k €↓
- 2024Annual accounts 202428,1 k €↑
- 2023Annual accounts 2023-93,7 k €↓
- 2022Annual accounts 2022-85,7 k €↓
- 2021Annual accounts 2021-71,4 k €↓
- 2020Annual accounts 202011,1 k €↑
- 2019Annual accounts 2019-19,5 k €↓
- 2018Annual accounts 201875,5 k €↑
- 2017Annual accounts 2017-154,8 k €↓
- 2016Annual accounts 2016-4,6 k €↑
- 2015Annual accounts 2015-7,4 k €
- 24/10/2014IncorporationPublic limited company