BREAKAWAY EQUESTRIAN
ActiveBREAKAWAY EQUESTRIAN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.71M) and a net result of €-557k. Equity is shrinking by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 878 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
7
/ 100
Critical▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+75
Solvency33▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.55 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-151.8%
Return on assets
-49.4%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.7M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
56 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.71M▼ 48.3%
2024 · €-1.15M
2018: €107k
2019: €81k
2020: €-407k
2021: €-241k
2022: €-1.07M
2023: €-1.10M
2024: €-1.15M
2018 → 2025
Total assets
€1.13M▼ 35.6%
2024 · €1.75M
2018: €821k
2019: €1.11M
2020: €926k
2021: €1.37M
2022: €1.39M
2023: €1.21M
2024: €1.75M
2018 → 2025
Net result
€-557k▼ 876%
2024 · €-57k
2018: €87k
2019: €-26k
2020: €-488k
2021: €165k
2022: €-833k
2023: €-21k
2024: €-57k
2018 → 2025
Working capital
€-2.27M▼ 73.2%
2024 · €-1.31M
2018: €107k
2019: €81k
2020: €-410k
2021: €-244k
2022: €-921k
2023: €-1.10M
2024: €-1.31M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-241k-€-1.07M▼ 346%€-1.10M▼ 2.0%€-1.15M▼ 5.2%€-1.71M▼ 48.3%
Operating result€166k-€-832k€-19k▲ 97.7%€14k€-545k
Net result€165k-€-833k€-21k▲ 97.4%€-57k▼ 167%€-557k▼ 876%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €545k after €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€565k▲ 252%
Current assets
€561k▼ 64.7%
Key figures and ratios
EBITDA
€-539k▼
2024 · €28k
Cash flow
€-551k▼
2024 · €-43k
Solvency
-151.8%▼
2024 · -66.0%
Current ratio
0.20▼
2024 · 0.55
Quick ratio
0.08▼
2024 · 0.28
Debt / equity
-1.66▲
2024 · -2.52
ROE
32.6%▲
2024 · 4.9%
ROA
-49.4%▼
2024 · -3.3%
Interest coverage
-34.00▼
2024 · 19.20
Debt
€2.84M▼
2024 · €2.90M
Debt ≤ 1 year
€2.84M▼
2024 · €2.90M
Income taxes
€123▼
2024 · €73k
Staff costs
€2k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.75M€1.13M▼
Fixed assets21/28€161k€565k▲
Intangible fixed assets21€473€56▼
Tangible fixed assets22/27€160k€15k▼
Plant, machinery and equipment23€86€0▼
Furniture and vehicles24€158k€14k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28-€550k
Current assets29/58€1.59M€561k▼
Stocks and contracts in progress3€768k€341k▼
Stocks30/36€768k€341k▼
Amounts receivable within one year40/41€53k€100k▲
Trade receivables40€27k€93k▲
Other amounts receivable41€26k€7k▼
Cash at bank and in hand54/58€761k€82k▼
Deferred charges and accrued income490/1€5k€38k▲
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.13M▼
Equity10/15€-1.15M€-1.71M▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-1.17M€-1.73M▼
Amounts payable17/49€2.90M€2.84M▼
Amounts payable within one year42/48€2.90M€2.84M▼
Trade debts44€60k€16k▼
Suppliers440/4€60k€16k▼
Taxes, remuneration and social security45€81k€1k▼
Taxes450/3€74k€1k▼
Remuneration and social security454/9€8k€140▼
Other amounts payable47/48€2.76M€2.82M▲
Income statement
Code20242025
Non-recurring operating income76A-€58k
Remuneration, social security and pensions62€53k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€6k▼
Other operating charges640/8€9k€4k▼
Gross operating margin9900€90k€-533k▼
Operating profit (loss)9901€14k€-545k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€1k€16k▲
Recurring financial charges65€1k€16k▲
Profit (loss) for the period before taxes9903€16k€-557k▼
Income taxes67/77€73k€123▼
Profit (loss) for the period9904€-57k€-557k▼
Profit (loss) for the period to be appropriated9905€-57k€-557k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.17M€-1.73M▼
Profit (loss) brought forward from the previous period14P€-1.12M€-1.17M▼
Social balance
Average headcount (FTE)90871.00.1▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-833k ▼604%
Net result drops to €-833k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €165k
Net result €165k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beerselerdijk 153960 BreeGround area
2,141 m²
Building footprint
779 m²
Volume, LiDAR
4,572 m³
Parcel 72004A0920/00G005, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BREAKAWAY EQUESTRIAN
since 20172.265.898.818
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004A0920/00G005 | Flanders | 2,141 m² | 1 · 778 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TM2
BE 1009.439.309
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NEWDAIS
BE 0765.902.793
Blégny · Eq €79k
PHEDRE
BE 0511.976.589
Frameries · Eq €85k
ECURIE ST-ELEUTHERE
BE 0824.993.512
Tournai · Eq €77k
HOF TEN BOS PUBLI HORSE
BE 0434.332.643
Braine-le-Château · Eq €77k
Of 824 companies in sector 93127 we hold annual accounts for 192. 145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2017
Fiscal year end31-12
Activities, NACEBEL
93127Equestrian clubs
46212Wholesale trade
46232Wholesale trade
46496Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.