GP SPORT HORSES
ActiveSummary
GP SPORT HORSES has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239k and a net result of €430. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-64
Solvency92▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.41 in 2024; short-term debt: 32.1% and cash: 58.2% of total assets), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.4%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
30 d late
2024
31 d late
2023
13 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€239k▲ 0.2%
2024 · €239k
2022: €129k
2023: €151k
2024: €239k
2022 → 2025
Total assets
€355k▼ 14.9%
2024 · €417k
2022: €229k
2023: €256k
2024: €417k
2022 → 2025
Net result
€430▼ 99.5%
2024 · €88k
2022: €122k
2023: €21k
2024: €88k
2022 → 2025
Working capital
€241k▼ 1.1%
2024 · €243k
2022: €129k
2023: €153k
2024: €243k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€129k-€151k▲ 16.4%€239k▲ 58.7%€239k▲ 0.2%
Operating result€158k-€29k▼ 81.9%€120k▲ 319%€6k▼ 94.7%
Net result€122k-€21k▼ 82.6%€88k▲ 316%€430▼ 99.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €355k
Fixed assets
€780 ▼ 26.8%
Current assets
€354k ▼ 14.8%
Equity and liabilities €355k
Equity
€239k ▲ 0.2%
Debt
€116k ▼ 35.0%
Debt's share of the balance-sheet total falls from 42.8% to 32.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €120k
Cash flow
€715▼
2024 · €89k
Current ratio
3.11▲
2024 · 2.41
Quick ratio
3.01▲
2024 · 2.41
Debt to equity
0.48▼
2024 · 0.75
ROE
0.2%▼
2024 · 37.0%
ROA
0.1%▼
2024 · 21.2%
Interest coverage
1.47▼
2024 · 15.49
Debt ≤ 1 year
€114k▼
2024 · €173k
Income taxes
€1k▼
2024 · €24k
Staff costs
€81k▲
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€417k€355k▼
Fixed assets21/28€1k€780▼
Tangible fixed assets22/27€1k€780▼
Plant, machinery and equipment23€980€780▼
Furniture and vehicles24€85€0▼
Current assets29/58€416k€354k▼
Stocks and contracts in progress3-€11k
Stocks30/36-€11k
Amounts receivable within one year40/41€154k€132k▼
Trade receivables40€145k€82k▼
Other amounts receivable41€9k€50k▲
Cash at bank and in hand54/58€260k€207k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€417k€355k▼
Equity10/15€239k€239k▲
Contributions10/11€7k€7k=
Reserves13€143k€232k▲
Distributable reserves133€143k€232k▲
Profit (loss) carried forward14€88k€430▼
Amounts payable17/49€178k€116k▼
Amounts payable within one year42/48€173k€114k▼
Financial debts43€23k€23k=
Credit institutions430/8€23k€23k=
Trade debts44€16k€19k▲
Suppliers440/4€16k€19k▲
Taxes, remuneration and social security45€5k€19k▲
Taxes450/3€0€7k▲
Remuneration and social security454/9€5k€12k▲
Other amounts payable47/48€129k€53k▼
Accrued charges and deferred income492/3€6k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€15k€11k▼
Remuneration, social security and pensions62€64k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€340€285▼
Other operating charges640/8€12k€6k▼
Non-recurring operating charges66A€93€0▼
Gross operating margin9900€196k€94k▼
Operating profit (loss)9901€120k€6k▼
Financial income75/76B€110€9▼
Recurring financial income75€110€9▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€112k€2k▼
Income taxes67/77€24k€1k▼
Profit (loss) for the period9904€88k€430▼
Profit (loss) for the period to be appropriated9905€88k€430▼
Appropriation of the result
Profit (loss) to be appropriated9906€110k€89k▼
Profit (loss) brought forward from the previous period14P€21k€88k▲
Transfer to equity691/2€21k€88k▲
To other reserves6921€21k€88k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €430 ▼99.5%
Net result drops to €430, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €200kEq €239k ▲58.7%
3 profitable years in a row build equity to €239k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲16.4%
2 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lanaken · 1 establishment unit since 2021
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.
Jan Rosierlaan 43620 LanakenGround area
906 m²
Building footprint
415 m²
Volume, LiDAR
5,697 m³
2 parcels, Flanders, Wallonia · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
GP Sport Horses
since 20212.315.227.276
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0020/00N002 | Flanders | 733 m² | 1 · 308 m² | 19.7 m · 6 fl. |
| 61013C0290/00X000 | Wallonia | 173 m² | 1 · 107 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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KENNVEST
BE 0612.996.745
Damme · Eq €231k
LA CRAVACHE
BE 0436.913.041
Ans · Eq €224k
Flémalle Jump’in
BE 0463.193.509
Flémalle · Eq €257k
REYGAERT AGRI
BE 0766.712.942
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Of 830 companies in sector 93127 we hold annual accounts for 196. 117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
93127Equestrian clubs
46232Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.