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ELITE HORSES

Active2 interim measures
Private limited companyfounded 2018active for 8 yearsSchoewever 4, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0688.759.584
Summary

The file of ELITE HORSES contains 2 interim measures, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 2.3% (moderate). The 2024 annual accounts show equity of €29,267 and a net result of €34,629. Equity has been shrinking by about 50% per year since 2019. If that trend continues, it turns negative around financial year 2025.

Overview

Official details

Source: KBO
Status
Active since 23-01-2018 Normal situation
Activity
Business and other management consultancy NACE 70200and 5 others
Establishment units
2.272.848.570 9406 Ninove, since 23-01-2018
2.351.747.974 1800 Vilvoorde, since 07-11-2023
Financial year end
31 December
Peppol
Reachable since 25-09-2025

Board and ownership

Board

Financial position

52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2024
Gross margin
€108,774
▲ 150%
Turnover
≈ €190,000
estimated
Profit
€34,629
Equity
€29,267
Total assets
€534,313
▲ 190%
Employees on 31-12-2024
2
▲ 100%
  • 2025 accounts not filed, 93 days past the deadline
Filed on 14-08-2025
Score breakdownraises riskFigures for financial year 2024 (filed on 14-08-2025)Last filed accounts filed 89 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €534,313Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2023
Average
Solvency 30+8
equity 5.5% of total assets
Liquidity 18+3
short-term debt 68.7% · cash 4.1%
Profitability 77+65
return on assets 6.5%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.6%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -2.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025lowest value 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.8 percentage points vs 09-2026 11-2026: 2.3%▲ +0.8 percentage points vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: interim measures, such as a provisional administrator
Liquidity is insufficient, with a current ratio of 0.36 (0.94 in 2023), below 1. Short-term debt is 68.7% and cash 4.1% of total assets. 94.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 14% of them on solvency, 8% on liquidity, 42% on profitability and 99% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 14-08-2025)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Last filed accounts filed 89 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €534,313
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Interim administration
2 publications on interim administration in the Belgian Official Gazette. An early signal, not a finding of bankruptcy.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 14 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
14 days late
2023
14 days late
2022
12 days early
2021
44 days late
2020
58 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 37 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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

Comparable companies

These companies have the same main activity as ELITE HORSES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €473,000 and €546,000, founded between 2017 and 2018.

CompanyTotal assetsGross margin
ELITE HORSES Vilvoorde€534,313€108,774
Jakinsky Digital Hoeilaart€537,887€105,793
Enerledge Beersel€546,111€104,816
AXCE Leuven€492,637€102,199
JOEL DOSTEDI Tremelo€504,853€119,820
AEBISCHER BVBA Overijse€533,035€115,193
Process & Performance Management Consulting Dilbeek€473,196€116,742
Full comparison

Key facts about ELITE HORSES

What is the company number of ELITE HORSES?
The company number of ELITE HORSES is 0688.759.584. The VAT number is the same number with BE in front: BE 0688.759.584.
Where is ELITE HORSES based?
The registered office is at Schoewever 4, 1800 Vilvoorde.Company details
What does ELITE HORSES do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ELITE HORSES?
The legal form of ELITE HORSES is Private limited company (BV).
When was ELITE HORSES founded?
ELITE HORSES was founded on 23-01-2018.
Is ELITE HORSES still active?
Yes, ELITE HORSES is an active enterprise in the KBO register.
How many employees does ELITE HORSES have?
ELITE HORSES had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ELITE HORSES?
The turnover in financial year 2024 is ≈ €190,000. This figure is estimated from the gross margin of €108,774 and 110 comparable companies (NACE 70200). It probably lies between €160,000 and €220,000.
Is ELITE HORSES profitable?
In financial year 2024, ELITE HORSES made a profit of €34,629.
Where can I find the annual accounts of ELITE HORSES?
ELITE HORSES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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