ACTIVE

Arabian Horse Results

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Financial year 2025 · Closed on 31/12/2025

Net result6,8 k €+325,2 %over 1 year
Gross margin31,3 k €+5,3 %over 1 year
Equity88 k €-0,8 %over 1 year

Identity

Source · BCE/KBO

Arabian Horse Results is a Private limited company incorporated in 2016. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Tienen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0667.735.429
Incorporation
15/12/2016
Legal form
Private limited company
Registered office
Kerkomstraat(KMT) 77
3300 Tienen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin31,3 k €29,7 k €39,6 k €40,2 k €35,5 k €
EBITDA30,9 k €26,1 k €39,6 k €40,1 k €35,3 k €
Operating result9,4 k €4,6 k €21,6 k €21,2 k €6,9 k €
Net result6,8 k €1,6 k €15,2 k €3,9 k €4,3 k €
Balance sheet
Equity88 k €88,7 k €94,6 k €74 k €70,1 k €
Total assets340,3 k €333,7 k €337,4 k €307 k €343,7 k €
Cash37 k €7,5 k €12,3 k €3,7 k €5,9 k €
Debts248 k €237 k €241,5 k €233,1 k €255,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Chupita

Director · 0667.730.578

Represented by Michael Steurs

Active

Ended mandates

BV Chupita

Director

Ended
Chupita

Director · 0667.730.578

Represented by Michaël Steurs

Ended
Chupita

Director · 0667.730.578

Represented by Michael Steurs

Ended
Chupita

Manager · 0667.730.578

Ended

Other companies at this address

Kerkomstraat(KMT) 77 3300 Tienen
CompanyCBE no.
Arabian Horse Solutions● Active
0538.606.752
Chupita● Active
0667.730.578

Full financial information

Source · NBB
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 date15/07/202628/08/202515/07/202404/07/202306/07/202204/08/2021
General meeting16/06/202622/08/202529/06/202420/06/202321/06/202230/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202516/06/202615/07/2026DutchPDF
Micro model31/12/202422/08/202528/08/2025DutchPDF
Micro model31/12/202329/06/202415/07/2024DutchPDF
Micro model31/12/202220/06/202304/07/2023DutchPDF
Micro model31/12/202121/06/202206/07/2022DutchPDF
Micro model31/12/202030/06/202104/08/2021DutchPDF
Micro model31/12/201930/06/202029/07/2020DutchPDF
Micro model31/12/201818/06/201902/07/2019DutchPDF
Micro model31/12/201719/06/201809/07/2018DutchPDF

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.

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

1 active · 4 ended

Active mandates

Chupita

Director · 0667.730.578

Represented by Michael Steurs

Active

Ended mandates

BV Chupita

Director

Ended
Chupita

Director · 0667.730.578

Represented by Michaël Steurs

Ended
Chupita

Director · 0667.730.578

Represented by Michael Steurs

Ended
Chupita

Manager · 0667.730.578

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/01/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/12/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20256,8 k €↑
  2. 2024
    Annual accounts 20241,6 k €↓
  3. 2023
    Annual accounts 202315,2 k €↑
  4. 2022
    Annual accounts 20223,9 k €↓
  5. 2021
    Annual accounts 20214,3 k €↓
  6. 2019
    Annual accounts 201946,5 k €↑
  7. 2018
    Annual accounts 20181,8 k €↓
  8. 2017
    Annual accounts 20174,7 k €
  9. 15/12/2016
    IncorporationPrivate limited company