Equity
-€22,762
Debts exceed assets in financial year 2025.
DE GRENSHOEVE
Lifetime
12 annual accounts with figures on one time axispeak €264,181 (2022)
€16,778▼ 53.0%
lowest -€129,272 (2025)
-€129,272▼ €100,855
peak €207,865 (2022)
-€22,762▼ €129,272
€2.4m▲ 1.2%
peak 4.1 FTE (2018)
-not published
Board3 names since 2021
3 directors and 2 others
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from €35,671 to €16,778Loss of €129,272Equity from €106,509 to -€22,762Cash from €57,715 to €2,143
Key points
from the 2025 annual accountsLosses
-€230,627 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€2.4m 101% of the balance sheet
Financial debts 85%Suppliers 0%Taxes and wages 0%Other 15%
Of this, €369,861 falls due within a year.
Investments
€37,680 0.3 × depreciation
Green is investment, beige is depreciation.
Filings
12 annual accounts since 2014
Seven of the last ten came late. The 2019 accounts came latest: 68 days after the end of the period.
Position in the sector
-€129,272
Lower net result than 95% of companies in sports and recreation. Sector median €3,610 · 3,150 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as DE GRENSHOEVE has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for DE GRENSHOEVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0541344924
Changes of role: (director) and (director)
General meeting of 12-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw of aanleggen, Verwijderen van vrijstaande gebouwen · Provincie Vlaams-Brabant
First establishment
Langevelde 39, Merchtem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE GRENSHOEVE Merchtem | €2.4m | €16,778 | -0.9% | - |
| MANOIR DE LA POMMERAIE Braine-l'Alleud | €3.2m | €45,902 | 69.9% | - |
| Philippe LHOTE Bastogne | €1.7m | €48,050 | 3.3% | - |
| CHAMMAX Herve | €0.9m | €36,675 | -7.9% | - |
| Arcadimmo Schilde | €3.4m | €11,929 | 49.6% | 2.8 |
| Haras de la hussiere Lasne | €2.2m | €63,992 | -69.3% | 0.5 |
| PRESTIGE INVEST Peer | €6.3m | €57,702 | -14.6% | 0 |
These companies have the same main activity as DE GRENSHOEVE: equestrian clubs (NACE 93127). They are comparable in size and age: total assets between €942,000 and €6.3m, founded between 1998 and 2015.
Official details
Source: KBO- Status
- Active since 23-10-2013Normal situation
- Activity
- Equestrian clubsNACE 93127and 4 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.224.669.7591785 Merchtem, since 01-11-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Insights on DE GRENSHOEVE
DE GRENSHOEVE files the micro format. That format states no turnover. The gross margin fell from €35,689 in 2014 to €16,778 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DE GRENSHOEVE
- What is the company number of DE GRENSHOEVE?
- The company number of DE GRENSHOEVE is 0541.344.924. The VAT number is the same number with BE in front: BE 0541.344.924.
- Where is DE GRENSHOEVE based?
- The registered office is at Langevelde 39, 1785 Merchtem.Company details
- What does DE GRENSHOEVE do?
- According to the KBO register, the main activity is equestrian clubs (NACE 93127).
- What is the legal form of DE GRENSHOEVE?
- DE GRENSHOEVE is a private limited company (BV).
- When was DE GRENSHOEVE founded?
- DE GRENSHOEVE was founded on 23-10-2013.
- Is DE GRENSHOEVE still active?
- Yes, DE GRENSHOEVE is an active enterprise in the KBO register.
- How many employees does DE GRENSHOEVE have?
- DE GRENSHOEVE had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DE GRENSHOEVE fall under?
- In its 2025 annual accounts, DE GRENSHOEVE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DE GRENSHOEVE?
- The turnover in financial year 2025 is ≈ €98,000. This figure is estimated from the gross margin of €16,778 and 45 comparable companies (NACE 931). It probably lies between €43,000 and €230,000. It is a rough estimate.
- Is DE GRENSHOEVE profitable?
- In financial year 2025, DE GRENSHOEVE made a loss of €129,272.
- Where can I find the annual accounts of DE GRENSHOEVE?
- DE GRENSHOEVE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DE GRENSHOEVE due?
- DE GRENSHOEVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.