EXCLUSIVE STABLES

Active

Private limited companyfounded 20206 yrs activeWolfsdonken 26, 2490 Balen, BelgiumKBO/BCE: BE 0749.634.113

EXCLUSIVE STABLES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-970k) and a net result of €-838k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 890 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2025

26 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0▼-20

Growth32=

Track record100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.26 against 0.6 in 2024; short-term debt: 124.8% and cash: 2% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 93

Relative position

BE, all sectors

reference

Sector 93

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-24.8%

Return on assets

-21.4%

Age of the figures

16 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-970k

Latest accounts filed on time

The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 31-12-2025, 0 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

on the day

2024

27 d late

2023

47 d late

2022

38 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-05-2026 close20-09-2026 today31-12-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity

€-970k▼ 637%

2024 · €-132k

2022: €238k 2023: €287k 2024: €-132k

2022 → 2025

Total assets

€3.91M▲ 37.6%

2024 · €2.84M

2022: €1.45M 2023: €2.00M 2024: €2.84M

2022 → 2025

Net result

€-838k▼ 100%

2024 · €-419k

2022: €188k 2023: €50k 2024: €-419k

2022 → 2025

Working capital

€-3.59M▼ 241%

2024 · €-1.05M

2022: €51k 2023: €-36k 2024: €-1.05M

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€238k-€287k▲ 20.9%€-132k€-970k▼ 637%

Operating result€238k-€60k▼ 74.9%€-418k€-857k▼ 105%

Net result€188k-€50k▼ 73.6%€-419k€-838k▼ 100%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €857k in 2025 against €418k in 2024; the loss grows and 2025 has the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.91M

67.0%

33.0%

Fixed assets €2.62M▲ 104%

Current assets €1.29M▼ 17.2%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-606k▼

2024 · €-299k

Cash flow

€-588k▼

2024 · €-299k

Solvency

-24.8%▼

2024 · -4.6%

Current ratio

0.26▼

2024 · 0.60

Quick ratio

0.22▼

2024 · 0.41

Debt / equity

-5.03▲

2024 · -22.62

ROA

-21.4%▼

2024 · -14.7%

Interest coverage

-2447.22▼

2024 · -2027.31

Debt

€4.88M▲

2024 · €2.98M

Debt ≤ 1 year

€4.88M▲

2024 · €2.61M

Income taxes

€161▲

2024 · €132

Staff costs

€173k▲

2024 · €118k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€2.84M€3.91M▲

Fixed assets21/28€1.28M€2.62M▲

Tangible fixed assets22/27€1.04M€2.37M▲

Land and buildings22€5k€156k▲

Plant, machinery and equipment23€169k€350k▲

Furniture and vehicles24€66k€27k▼

Other tangible fixed assets26€796k€1.84M▲

Financial fixed assets28€249k€249k=

Current assets29/58€1.56M€1.29M▼

Amounts receivable after more than one year29€370k€370k=

Other amounts receivable291€370k€370k=

Stocks and contracts in progress3€481k€214k▼

Stocks30/36€481k€214k▼

Amounts receivable within one year40/41€669k€607k▼

Trade receivables40€568k€447k▼

Other amounts receivable41€100k€160k▲

Cash at bank and in hand54/58€25k€79k▲

Deferred charges and accrued income490/1€15k€22k▲

Equity and liabilities

Total equity and liabilities10/49€2.84M€3.91M▲

Equity10/15€-132k€-970k▼

Contributions10/11€50k€50k=

Profit (loss) carried forward14€-182k€-1.02M▼

Amounts payable17/49€2.98M€4.88M▲

Amounts payable within one year42/48€2.61M€4.88M▲

Trade debts44€385k€633k▲

Suppliers440/4€385k€633k▲

Advances received on contracts in progress46€405k€112k▼

Taxes, remuneration and social security45€31k€50k▲

Taxes450/3€18k€19k▲

Remuneration and social security454/9€13k€31k▲

Other amounts payable47/48€1.79M€4.09M▲

Accrued charges and deferred income492/3€363k-

Income statement Code20242025

Non-recurring operating income76A€3k€125k▲

Remuneration, social security and pensions62€118k€173k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€250k▲

Other operating charges640/8€6k€9k▲

Non-recurring operating charges66A€66k€27k▼

Gross operating margin9900€-109k€-398k▼

Operating profit (loss)9901€-418k€-857k▼

Financial income75/76B€0€19k▲

Recurring financial income75€0€61▲

Non-recurring financial income76B-€18k

Financial charges65/66B€147€248▲

Recurring financial charges65€147€248▲

Profit (loss) for the period before taxes9903€-419k€-838k▼

Income taxes67/77€132€161▲

Profit (loss) for the period9904€-419k€-838k▼

Profit (loss) for the period to be appropriated9905€-419k€-838k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-419k€-1.02M▼

Profit (loss) brought forward from the previous period14P-€-182k

Transfer from equity791/2€237k-

Social balance

Average headcount (FTE)90872.12.7▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-12-2026

2025

31-12

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

31-05

Financial Weakest financial yearnet €-838k

Net result drops to €-838k, the lowest in the series.

27-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 27 days late

2024

16-02

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 47 days late

2023

07-02

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 38 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Balen · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Wolfsdonken 262490 Balen

Ground area

3,572 m²

Building footprint

211 m²

Volume, LiDAR

1,195 m³

Parcel 13342C1095/00Z000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

EXSS-Exclusive Stables

Wolfsdonken 26, 2490 BalenRaising of horses and other equines

since 20202.305.080.878

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13342C1095/00Z000	Flanders	3,572 m²	1 · 211 m²	8.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid

Year	Entries	awarded	paid
2024	1	1,000 EUR	1,000 EUR

Schemes

Premie kwalificerend werkplekleren

1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

4 live approvals

Dierenzorg duaal (so)

Goedgekeurd · 2024 to 2029

Hippisch assistent duaal (so)

Goedgekeurd · 2024 to 2029

Paardenhouder duaal (so)

Goedgekeurd · 2024 to 2029

Paardenhouderij duaal (so)

Goedgekeurd · 2024 to 2029

Similar companies · same sector, comparable size

GOLF DE RIGENEE

BE 0421.820.237

Villers-la-Ville · Eq €287k

Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,080 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-07-2020

Fiscal year end31-05

Abbreviation NL EXSS

Activities, NACEBEL

01430Raising of horses and other equines

93110Operation of sports facilities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.