ACTIVE

db-HORSES

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
5,9 k €
+105.4% YoY
Gross margin
58,7 k €
+195.6% YoY
Equity
622,2 k €
-9.7% YoY

What does db-HORSES do?

db-HORSES is a Private limited company incorporated in 2010. Its main activity is: Raising of horses and other equines. Its registered office is in Sint-Niklaas.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0827.921.526
Incorporation
19/07/2010
Legal form
Private limited company
Registered office
Turkyen 45
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
01430Raising of horses and other equines· main01430Raising of horses and other equines01620Support activities for animal production01620Support activities for animal production93110Operation of sports facilities93110Operation of sports facilities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin58,7 k €-61,4 k €837,2 k €105,1 k €111,2 k €20,8 k €58 k €47,5 k €
EBITDA56,1 k €-63,8 k €835,1 k €103,4 k €109,6 k €18,6 k €10,1 k €45,6 k €
Operating result2,4 k €-114,6 k €795,3 k €68,5 k €93 k €4,4 k €-4,3 k €25,3 k €
Net result5,9 k €-108,1 k €540,4 k €45,1 k €71,2 k €776,8 €-8,2 k €13,1 k €
Balance sheet
Equity622,2 k €689,1 k €797,2 k €258,4 k €214,9 k €132,6 k €131,8 k €140 k €
Total assets734,4 k €758 k €896,6 k €384,6 k €419,2 k €184,1 k €195,2 k €185,4 k €
Cash16,5 k €4 k €360,8 k €5,6 k €27,9 k €16,3 k €11 k €26,5 k €
Debts112,2 k €68,9 k €99,3 k €126,2 k €204,3 k €46,5 k €63,4 k €40,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

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

Active mandates

Valentijn De Bock

Director · since 15 avril 2024

Active

Ended mandates

Audrey De Bock

Director · since 15 décembre 2016

Ended
Audrey De Bock

Manager · since 15 décembre 2016

Ended
Leentje Van Hove

Manager · since 15 décembre 2016

Ended
Valentijn De Bock

Director · since 01 juin 2010

Ended
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 date21/04/202608/05/202528/06/202430/06/202324/06/202209/07/2021
General meeting02/04/202603/04/202514/03/202401/06/202302/06/202203/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/04/202621/04/2026DutchPDF
Micro model31/12/202403/04/202508/05/2025DutchPDF
Micro model31/12/202314/03/202428/06/2024DutchPDF
Micro model31/12/202201/06/202330/06/2023DutchPDF
Micro model31/12/202102/06/202224/06/2022DutchPDF
Micro model31/12/202003/06/202109/07/2021DutchPDF
Micro model31/12/201904/06/202027/07/2020DutchPDF
Micro model31/12/201806/06/201929/07/2019DutchPDF
Micro model31/12/201707/06/201824/07/2018DutchPDF
Micro model31/12/201601/06/201727/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

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

Active mandates

Valentijn De Bock

Director · since 15 avril 2024

Active

Ended mandates

Audrey De Bock

Director · since 15 décembre 2016

Ended
Audrey De Bock

Manager · since 15 décembre 2016

Ended
Leentje Van Hove

Manager · since 15 décembre 2016

Ended
Valentijn De Bock

Director · since 01 juin 2010

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2016
    BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other29/07/2010
    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 20255,9 k €↑
  2. 2024
    Annual accounts 2024-108,1 k €↓
  3. 2023
    Annual accounts 2023540,4 k €↑
  4. 2022
    Annual accounts 202245,1 k €↓
  5. 2021
    Annual accounts 202171,2 k €↑
  6. 2018
    Annual accounts 2018776,8 €↑
  7. 2017
    Annual accounts 2017-8,2 k €↓
  8. 2016
    Annual accounts 201613,1 k €
  9. 19/07/2010
    IncorporationPrivate limited company