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Ecurie des M

Active
Private limited company (pre-2019)founded 2005active for 21 yearsRue de Bayarmont 8, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0876.573.954
Summary

The computed 12-month bankruptcy probability of Ecurie des M is 7.6% (elevated). For Ecurie des M, at least two annual filings are missing. The 2021 annual accounts show negative equity (-€157,506) and a net result of €33,117. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 5% of 3,210 sector peers (NACE 01, financial year 2021). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 03-10-2005 Normal situation
Activity
Raising of sheep and goats NACE 01450and 1 other
Establishment unit
2.149.665.795 1390 Grez-Doiceau, since 03-10-2005
Financial year end
31 December
Peppol
Reachable since 13-01-2026

Board and ownership

Board
  • Robert van der HaegenManager

Financial position

Bankruptcy probabilitywithin 12 months
7.6%
2021 figures too old to score
Annual accounts 2021
Gross margin
€40,421
▼ 37.2%
Turnover
≈ €110,000
estimated
Profit
€33,117
▼ 43.1%
Equity
-€157,506
▲ 17.4%
Total assets
€214,645
▲ 26.1%
  • Negative equity on 31-12-2021
  • 2022 accounts not filed, 1190 days past the deadline
Signalsraises riskFigures for financial year 2021 (filed on 05-11-2022)3 financial years not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.66, cash €6, halvedTwo or more financial years not filed2021 accounts filed 92 days latelowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2021. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2021 · tick: 2020
Weak
Solvency 0=
equity -73.4% of total assets
Liquidity 0-2
short-term debt 143.0% · cash 0.0%
Profitability 88-12
return on assets 15.4%
Bankruptcy probability within 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,695 companies, NACE 01, micro)
Last 24 months 12-2024: 8.1%highest value 01-2025: 8.1%● unchanged vs 12-2024highest value 02-2025: 8.1%● unchanged vs 01-2025highest value 03-2025: 8.1%● unchanged vs 02-2025highest value 04-2025: 8.1%● unchanged vs 03-2025highest value 05-2025: 8.1%● unchanged vs 04-2025highest value 06-2025: 8.1%● unchanged vs 05-2025highest value 07-2025: 8.1%● unchanged vs 06-2025highest value 08-2025: 7.6%▼ -0.5 percentage points vs 07-2025lowest value 09-2025: 7.6%● unchanged vs 08-2025lowest value 10-2025: 7.6%● unchanged vs 09-2025lowest value 11-2025: 7.6%● unchanged vs 10-2025lowest value 12-2025: 7.6%● unchanged vs 11-2025lowest value 01-2026: 7.6%● unchanged vs 12-2025lowest value 02-2026: 7.6%● unchanged vs 01-2026lowest value 03-2026: 7.6%● unchanged vs 02-2026lowest value 04-2026: 7.6%● unchanged vs 03-2026lowest value 05-2026: 7.6%● unchanged vs 04-2026lowest value 06-2026: 7.6%● unchanged vs 05-2026lowest value 07-2026: 7.6%● unchanged vs 06-2026lowest value 08-2026: 7.6%● unchanged vs 07-2026lowest value 09-2026: 7.6%● unchanged vs 08-2026lowest value 10-2026: 7.6%● unchanged vs 09-2026lowest value 11-2026: 7.6%● unchanged vs 10-2026lowest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2021 (filed on 05-11-2022)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.66, cash €6, halved
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline02-11-2026 today
raises risk · 2021 accounts filed 92 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-10-2022, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
92 days late
2020
86 days late
2019
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 85 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2021 -€157,506 View
  • Caution: Less equity than 95% of companies in crop and animal productionsector median €75,074 · 3,212 companies -€157,506 View

Recent changes

  1. · Gazette deed Resignation: Alexis van der Haegen (manager)
  2. · Gazette deed Resignation: Sophie van der Haegen (manager)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Ecurie des M: raising of sheep and goats (NACE 01450). They are comparable in size and age: total assets between €160,000 and €285,000, founded between 2001 and 2007.

CompanyTotal assetsGross margin
Ecurie des M Grez-Doiceau€214,645€40,421
LES ECURIES DE HAPPEAU Incourt€160,346€38,296
DRESSAGE DEVROE Holsbeek€191,302€59,393
AFRICHTINGSSTAL KOBE CAEMAERT Oosterzele€274,566€71,571
HORSICA B E V. Gembloux€165,032€29,328
CEKE FARM Tienen€285,374€122,655
GreenSheep Maarkedal€277,433€21,612
Full comparison

Key facts about Ecurie des M

What is the company number of Ecurie des M?
The company number of Ecurie des M is 0876.573.954. The VAT number is the same number with BE in front: BE 0876.573.954.
Where is Ecurie des M based?
The registered office is at Rue de Bayarmont 8, 1390 Grez-Doiceau.Company details
What does Ecurie des M do?
According to the KBO register, the main activity is raising of sheep and goats (NACE 01450).
What is the legal form of Ecurie des M?
The legal form of Ecurie des M is Private limited company (pre-2019) (BVBA).
When was Ecurie des M founded?
Ecurie des M was founded on 03-10-2005.
Is Ecurie des M still active?
Yes, Ecurie des M is an active enterprise in the KBO register.
What is the turnover of Ecurie des M?
The turnover in financial year 2021 is ≈ €110,000. This figure is estimated from the gross margin of €40,421 and 41 comparable companies (NACE 01). It probably lies between €72,000 and €160,000.Financials
Is Ecurie des M profitable?
In financial year 2021, Ecurie des M made a profit of €33,117.
Where can I find the annual accounts of Ecurie des M?
Ecurie des M filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

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