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GREGORY WATHELET HORSES

Active
Private limited companyfounded 2008active for 18 yearsRue de l'Abattoir 12, 4560 Clavier, BelgiumKBO/BCE: BE 0895.189.937
Summary

GREGORY WATHELET HORSES has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €30,486. Equity has been growing by about 8.7% per year since 2019. Its solvency ranks better than 77% of 514 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-01-2008 Normal situation
Activity
Equestrian clubs NACE 93127and 1 other
Joint committee
144 Paritair Comité voor de landbouw · annual accounts 31-03-2025
Establishment unit
2.168.503.195 4560 Clavier, since 24-01-2008
Financial year end
31 March
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2025
Gross margin
€694,512
▼ 15.9%
Turnover
≈ €1.2m
estimated
Profit
€30,486
▼ 79.8%
Equity
€2.1m
▼ 3.2%
Total assets
€3.2m
▲ 15.2%
Employees on 31-03-2025
11
=
  • 2026 accounts not filed, 2 days past the deadline
Filed on 31-10-2025
Score breakdownraises riskFigures for financial year 2025 (filed on 10-11-2025)lowers riskLiquidity: current ratio 2.47, cash €659,767Equity €2.1m (66.3% of total assets)Founded in 2008Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in sports and recreation (NACE 93)
Financial strength · tick: 2024
Strong
Solvency 91-9
equity 66.3% of total assets
Liquidity 63-7
short-term debt 29.6% · cash 20.6%
Profitability 70-6
return on assets 1.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%▲ +0.1 percentage points vs 10-2026highest value
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.47 (4.53 in 2024), above the usual 1.5. Short-term debt is 29.6% and cash 20.6% of total assets. 33.7% 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 93, micro). It does better than 78% of them on solvency, 69% on liquidity, 50% on profitability and 37% 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.47, cash €659,767
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 10-11-2025)
NBB · annual accounts
lowers risk · Equity €2.1m (66.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
1 day early
2023
on the day
2022
4 days late
2021
30 days late
2020
30 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 11 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €151,065 to €30,486 ▼ 79.8% View
  • Positive: 7th largest employer in Clavierin the Checked rankings No. 7 View
  • Positive: 7 profitable years in a rowprofit 2025: €30,486 7 years View

Recent changes

  1. · Gazette deed Change of role: Grégory WATHELET, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as GREGORY WATHELET HORSES: equestrian clubs (NACE 93127). They are comparable in size and age: total assets between €1.9m and €11m, founded between 1989 and 2017.

CompanyTotal assetsGross margin
GREGORY WATHELET HORSES Clavier€3.2m€0.7m
TAL MILSTEIN STABLES Asse€3.8m€0.5m
DB Projects Asse€3.9m€0.8m
PRIVILEGE SFQ Turnhout€2.3m€1.2m
ST STABLES Villers-la-Ville€10.9m€1.4m
Poels B. Equestrian Kampenhout€2.4m€1.3m
HORSE OF BELGIUM Leuze-en-Hainaut€1.9m€0.4m
Full comparison

Key facts about GREGORY WATHELET HORSES

What is the company number of GREGORY WATHELET HORSES?
The company number of GREGORY WATHELET HORSES is 0895.189.937. The VAT number is the same number with BE in front: BE 0895.189.937.
Where is GREGORY WATHELET HORSES based?
The registered office is at Rue de l'Abattoir 12, 4560 Clavier.Company details
What does GREGORY WATHELET HORSES do?
According to the KBO register, the main activity is equestrian clubs (NACE 93127).
What is the legal form of GREGORY WATHELET HORSES?
The legal form of GREGORY WATHELET HORSES is Private limited company (BV).
When was GREGORY WATHELET HORSES founded?
GREGORY WATHELET HORSES was founded on 24-01-2008.
Is GREGORY WATHELET HORSES still active?
Yes, GREGORY WATHELET HORSES is an active enterprise in the KBO register.
How many employees does GREGORY WATHELET HORSES have?
GREGORY WATHELET HORSES had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GREGORY WATHELET HORSES fall under?
In its 31-03-2025 annual accounts, GREGORY WATHELET HORSES states joint committee 144 (Paritair Comité voor de landbouw).
What is the turnover of GREGORY WATHELET HORSES?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €694,512 and 30 comparable companies (NACE 931). It probably lies between €920,000 and €1.5m.
Is GREGORY WATHELET HORSES profitable?
In financial year 2025, GREGORY WATHELET HORSES made a profit of €30,486.
Where can I find the annual accounts of GREGORY WATHELET HORSES?
GREGORY WATHELET HORSES filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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