ENCOUNTER
ActiveSummary
ENCOUNTER has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,177 and a net result of €63,302. Equity has been growing by about 90% per year since 2023. Its solvency ranks better than 89% of 2,875 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-12-2022 Normal situation
- Registered office
- 18 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Other sports activities NACE 93199and 3 others
- Establishment unit
- 2.340.678.294 1861 Meise, since 06-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Board and ownership
- CONTER, Emilie MarieDirector · since 05-12-2022
- CONTER, Emilie Marie1,000 sharesdeed of 08-12-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €79,235
- ▲ 135%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €63,302
- ▲ 134%
- Equity
- €125,177
- ▲ 102%
- Total assets
- €152,075
- ▲ 107%
Score breakdownraises riskSize: total assets €152,075lowers riskLiquidity: current ratio 5.51, cash €40,708Sector: Sports, amusement and recreation activities (NACE 93)Equity €125,177 (82.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 93, micro). It does better than 92% of them on solvency, 81% on liquidity, 94% on profitability and 91% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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
The company filed its last 3 accounts on average 26 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 134% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Financial fixed assets | - | €4,000 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,000 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | €550 | - |
| Gross operating margin9900 | €40,290 | €33,671 | €79,235 | ▲ 135% |
| Operating profit (loss)9901 | €40,290 | €33,671 | €78,685 | ▲ 134% |
| Financial income75/76B | €57 | €254 | €666 | ▲ 162% |
| Recurring financial income75 | €57 | €254 | €666 | ▲ 162% |
| Financial charges65/66B | - | €54 | €193 | ▲ 257% |
| Recurring financial charges65 | - | €54 | €193 | ▲ 257% |
| Profit (loss) for the period before taxes9903 | €40,347 | €33,871 | €79,158 | ▲ 134% |
| Income taxes67/77 | €8,069 | €6,774 | €15,856 | ▲ 134% |
| Profit (loss) for the period9904 | €32,277 | €27,097 | €63,302 | ▲ 134% |
| Profit (loss) for the period to be appropriated9905 | €32,277 | €27,097 | €63,302 | ▲ 134% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €47,819 | €73,637 | €152,075 | ▲ 107% |
| Fixed assets21/28 | - | €4,000 | €4,000 | = |
| Financial fixed assets28 | - | €4,000 | €4,000 | = |
| Current assets29/58 | €47,819 | €69,637 | €148,075 | ▲ 113% |
| Stocks and contracts in progress3 | - | - | €5,000 | - |
| Stocks30/36 | - | - | €5,000 | - |
| Amounts receivable within one year40/41 | €11,350 | €17,850 | €101,390 | ▲ 468% |
| Trade receivables40 | €9,680 | €9,680 | €74,636 | ▲ 671% |
| Other amounts receivable41 | €1,670 | €8,170 | €26,753 | ▲ 227% |
| Cash at bank and in hand54/58 | €36,412 | €51,476 | €40,708 | ▼ 20.9% |
| Deferred charges and accrued income490/1 | €57 | €311 | €977 | ▲ 214% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €47,819 | €73,637 | €152,075 | ▲ 107% |
| Equity10/15 | €34,777 | €61,874 | €125,177 | ▲ 102% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €32,277 | €59,374 | €122,677 | ▲ 107% |
| Amounts payable17/49 | €13,041 | €11,763 | €26,898 | ▲ 129% |
| Amounts payable within one year42/48 | €13,041 | €11,763 | €26,898 | ▲ 129% |
| Trade debts44 | €776 | €197 | €5,578 | ▲ 28× |
| Suppliers440/4 | €776 | €197 | €5,578 | ▲ 28× |
| Taxes, remuneration and social security45 | €12,265 | €11,566 | €21,319 | ▲ 84.3% |
| Taxes450/3 | €12,265 | €11,566 | €21,319 | ▲ 84.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,277 | €27,097 | €63,302 | ▲ 134% |
| Operating cash flow (approximation) | €32,277 | €27,097 | €63,302 | ▲ 134% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €15,064 | -€10,768 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as ENCOUNTER has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ENCOUNTER itself is lower: < 0.1% within 12 months. It rests on far more data about ENCOUNTER than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for ENCOUNTER. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- CONTER, Emilie Marie 1,000 shares (100%) · €2,500
Capital transactions
- 08-12-2022 Incorporation · €2,500 · 1,000 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, op straffe van nietigheid”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 08-12-2022 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
17 other companies- Four Equestrian Registered office · since 06-05-2026Founded in 2026 1037.679.571
- 4P PERFORMANCE Registered office · since 06-12-2022Founded in 2022 · total assets €285,296 (2025) 0794.449.103
- DAVIDOFF CONSULTING Registered office · since 06-12-2022Founded in 2022 · total assets €79,690 (2025) 0794.449.202
- ZORREL Registered office · since 26-04-2022Founded in 2022 · total assets €1.9m (2025) · negative equity · group STEPHEX HOLDING 0785.436.615
- UDARYLLIS Establishment · since 19-07-2018Founded in 2018 · total assets €211,864 (2025) 0700.265.368
- STX Finance Registered office · since 30-04-2017Founded in 2011 · turnover €33.9m (2025) · group STEPHEX HOLDING 0839.216.779
- STX Fin Registered office · since 01-11-2016Founded in 2016 0665.614.988
- EQUESTRIAN MASTERS PROMOTION Registered office · since 08-08-2014Founded in 2014 0558.924.985
- STEPHEX SERVICE Registered office · since 31-03-2014Founded in 2014 · 6.6 FTE (2025) · negative equity · group STEPHEX HOLDING 0549.984.456
- STEPHEX HOLDING Registered office · since 26-06-2008Founded in 2008 · 22 FTE (2025) 0899.130.117
Connections & network
0 connected companies, 1 earlier tieThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
06-03
Gazette deed
Purpose change · Amendment of the articles“Het (dagelijks) bestuur van, het toezicht op en de controle over vennootschappen en ondernemingen, in het…” (deed in Dutch)5 points ▸
- Amendment of the articles, article 22
- Power of attorney, Sandry Gypens
- General meeting, 03-03-2025
- Purpose change, “Het (dagelijks) bestuur van, het toezicht op en de controle over vennootschappen en ondernemingen, in het bijzonder (maar niet beperkt tot) haar verbonden…” (deed in Dutch)
- Amendment of the articles, article 18
- The deed holds 4 more points.
08-12
Gazette deed
IncorporationFounding capital of €2,500, 1,000 shares · Founder: CONTER, Emilie Marie · Appointment: CONTER, Emilie Marie (statutory director)6 points ▸
- Founder, CONTER, Emilie Marie
- Founding capital, €2,500, 1,000 shares
- Director appointment, CONTER, Emilie Marie (statutory director), mentioned twice in the deed
- Registered office clause, Wolvertem, Lovegemstraat 8, 1861 Meise
- Board rule, 1
- 1,000 shares
- The deed holds 9 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202520 activities
- Het (dagelijks) bestuur van, het toezicht op en de controle over vennootschappen en ondernemingen, in het bijzonder (maar niet beperkt tot) haar verbonden vennootschappen en vennootschappen waarin zij rechtstreeks of onrechtstreeks een participatie of belang aanhoudt, met name door er de functies van bestuurder, zaakvoerder, gedelegeerd bestuurder, directeur of, in voorkomend geval, vereffenaar uit te oefenen.
- Het in de ruimste zin van het woord verlenen van diensten, advies en bijstand aan particulieren, de bedrijfswereld en de overheid hieronder begrepen het verlenen van adviezen van financiële, technische, (bedrijfs)economische, juridische, sociale, organisatorische, commerciële of administratieve aard, evenals adviesverlening rond marketing, public relations en communicatie
- De aan- en verkoop van paarden en toebehoren
- Het fokken en opvoeden van paarden en andere paardachtigen
- Het onderhouden, verzorgen en trainen van paarden
- Het trainen van ruiters
- Het promoten van de paardensport in al haar onderdelen
- Het organiseren van wedstrijden, stages, keuringen en evenementen in de meest ruime zin van het woord
- Het verlenen van advies en bijstand aan paardenfokkers, parcoursbouwers, manege uitbaters, crossinrichters,…
- De aan- en verkoop van hooi en dierenvoeding in de meest uitgebreide zin ervan
- Het stallen, verlenen van pensions en andere asielen voor paarden
- Het uitoefenen van alle aanverwante activiteiten ter bevordering van de paardensport
- Het verrichten van (voorbereidende) studies en adviezen van diverse aard en het drukken en uitgeven van deze studies en rapporten
- Het organiseren en geven van opleidingen in de ruimste zin van het woord
- Zowel voor eigen rekening, voor rekening van derden, als in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van ondernemingen.
- De verwerving van participaties en belangen, onder welke vorm ook, met name door inbreng in geld of in natura, inschrijving, fusie, splitsing, partiële splitsing of enige andere manier, in bestaande of op te richten vennootschappen en ondernemingen met commerciële, industriële, financiële, vastgoed of andere activiteiten, wat hun voorwerp ook is.
- Het toestaan van leningen en kredietopeningen aan vennootschappen en particulieren, de borgstelling, het verlenen van aval en alle overige financiële verrichtingen behoudens deze die wettelijk voorbehouden zijn aan de banken, spaarkassen hypotheekmaatschappijen en kapitalisatieondernemingen en erkende financiële tussenpersonen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen. Dit omvat alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, al dan niet dynamisch, zoals de aan- en verkoop, de huur en verhuur, de ruil en, in het bijzonder, het beheer en de valorisatie van aandelen, obligaties, staatsfondsen en andere financiële instrumenten.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen. Dit omvat alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.
- Projectontwikkeling.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23093E0199/00F000 | Flanders | 557 m² | - | - |