EIGHT HORSES

Active

Private limited companyfounded 20242 yrs activeRue de la Coopération 24, 4032 Liège, BelgiumKBO/BCE: BE 1013.596.154

Summary

The computed 12-month bankruptcy probability of EIGHT HORSES is 1.7% (moderate). The 2025 annual accounts show equity of €17,079 and a net result of €4,459. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

EIGHT HORSESActiveChecked score 57/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€23,623total assets 2025

Equity: €17,079
Profit: €4,459

Turnover not published (abridged schema)

Financial health

57 Fair Checked score 2025

Bankruptcy chance 12 m: 1.7%

Structure

Accounts 1 d early1 of 2 deeds read

Why 57- No main activity registered- 1 change of registered office in 24 months+ Liquidity: current ratio 4.04, cash €20,936+ Figures for FY 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025

57 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 75% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 97+13

equity 72.3% of total assets

Liquidity 91+28

short-term debt 23.9% · cash 88.6%

Profitability 92-8

return on assets 18.9%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 10-2025: 1.1%lowest value 11-2025: 1.1%● 0.0% vs 10-2025lowest value 12-2025: 1.1%● 0.0% vs 11-2025lowest value 01-2026: 1.1%▲ +3.2% vs 12-2025 02-2026: 1.1%▲ +3.3% vs 01-2026 03-2026: 1.2%▲ +4.8% vs 02-2026 04-2026: 3.0%▲ +150% vs 03-2026 05-2026: 3.5%▲ +16.8% vs 04-2026 06-2026: 3.8%▲ +9.0% vs 05-2026 07-2026: 3.9%▲ +3.6% vs 06-2026highest value 08-2026: 1.7%▼ -56.6% vs 07-2026 09-2026: 1.7%● 0.0% vs 08-2026 10-2026: 1.7%▲ +0.6% vs 09-2026

No main activity registered raises the probability
1 change of registered office in 24 months raises the probability
Liquidity: current ratio 4.04, cash €20,936 lowers the probability
Figures for FY 2025 (filed 30-07-2026) lowers the probability

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 4.04 against 2.45 in 2024; short-term debt: 23.9% and cash: 88.6% of total assets), and 27.7% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 60%, liquidity 82%, profitability 75%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Liquidity: current ratio 4.04, cash €20,936

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Figures for FY 2025 (filed 30-07-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Young company

Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

1 d early

2024

6 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 2 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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 months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage