ACTIVE

B STUD

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Financial year 2025 · closed on 31/12/2025
Net result
-140 k €
-308.3% YoY
Gross margin
-92 k €
-2195.5% YoY
Equity
367,1 k €
+1778.7% YoY

What does B STUD do?

B STUD is a Private company with limited liability incorporated in 2015. Its main activity is: Raising of horses and other equines. Its registered office is in Zandhoven.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0600.982.997
Incorporation
12/03/2015
Legal form
Private company with limited liability
Registered office
Hofeinde 1
2240 Zandhoven · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
01430Raising of horses and other equines· main01430Raising of horses and other equines55203Holiday and other short-stay accommodation55209Holiday and other short-stay accommodation82990Other business support service activities n.e.c.93127Activities of sports clubs+2
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin-92 k €4,4 k €25,1 k €65,7 k €1,1 k €-2,9 k €-9,9 k €16,1 k €32,2 k €7,8 k €
EBITDA-97,6 k €-6,5 k €24,5 k €64,9 k €-183,1 €-3,9 k €-11 k €14,2 k €30,9 k €6,3 k €
Operating result-138,4 k €-33 k €6,2 k €53,8 k €-2,6 k €-11 k €-17,8 k €7,9 k €25,6 k €4,5 k €
Net result-140 k €-34,3 k €3,8 k €48 k €-3,8 k €-12,1 k €-17,9 k €5,2 k €16,4 k €1,8 k €
Balance sheet
Equity367,1 k €19,5 k €53,8 k €50,1 k €2 k €5,8 k €17,9 k €35,8 k €30,7 k €14,2 k €
Total assets2 M €2,1 M €350,8 k €260,6 k €176,2 k €181,7 k €82 k €58,8 k €68,7 k €20,3 k €
Cash3 k €7,5 k €23,3 k €56,3 k €4,6 k €20 k €633,4 €3,6 k €6,9 k €5,9 k €
Debts1,6 M €2,1 M €297 k €210,5 k €174,2 k €175,9 k €64,1 k €23 k €37,5 k €6,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Charlotte Vets

Bestuurder · since 23 septembre 2019

Active

Ended mandates

CHARLOTTE VETS

Director · since 01 janvier 2016

Ended
Charlotte Vets

Manager

Ended
CHARLOTTE VETS

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
MALIX● Active
1031.969.736
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date20/08/202601/08/202529/08/202431/07/202324/06/202223/07/2021
General meeting30/06/202619/06/202527/08/202426/05/202327/05/202218/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202620/08/2026DutchPDF
Micro model31/12/202419/06/202501/08/2025DutchPDF
Micro model31/12/202327/08/202429/08/2024DutchPDF
Micro model31/12/202226/05/202331/07/2023DutchPDF
Micro model31/12/202127/05/202224/06/2022DutchPDF
Micro model31/12/202018/06/202123/07/2021DutchPDF
Micro model31/12/201931/07/202031/08/2020DutchPDF
Abridged model31/12/201824/05/201926/07/2019DutchPDF
Abridged model31/12/201725/05/201830/08/2018DutchPDF
Abridged model31/12/201626/05/201704/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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 · 3 ended

Active mandates

Charlotte Vets

Bestuurder · since 23 septembre 2019

Active

Ended mandates

CHARLOTTE VETS

Director · since 01 janvier 2016

Ended
Charlotte Vets

Manager

Ended
CHARLOTTE VETS

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/10/2019
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates09/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/08/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/03/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-140 k €↓
  2. 2024
    Annual accounts 2024-34,3 k €↓
  3. 2023
    Annual accounts 20233,8 k €↓
  4. 2022
    Annual accounts 202248 k €↑
  5. 2021
    Annual accounts 2021-3,8 k €↑
  6. 2020
    Annual accounts 2020-12,1 k €↑
  7. 2019
    Annual accounts 2019-17,9 k €↓
  8. 2018
    Annual accounts 20185,2 k €↓
  9. 2017
    Annual accounts 201716,4 k €↑
  10. 2016
    Annual accounts 20161,8 k €
  11. 12/03/2015
    IncorporationPrivate company with limited liability