HORSE CONNECTION
A bankruptcy procedure is open for HORSE CONNECTION according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-49k) and a net result of €22k.
| Equity | €-49k |
| Net result | €22k |
| Active | 8 yrs |
| Locations | 1 |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €10k |
| Net profit | €22k |
| Cash flow | €25k |
| Staff costs | — |
| Income taxes | €717 |
| Dividends | — |
| Total assets | €1.13M |
| Equity | €-49k |
| Debt | €1.18M |
| of which ≤ 1y | €1.18M |
| of which > 1y | — |
| Working capital | €-55k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.80 |
| Working capital ratio | -4.9% |
| Solvency | -4.3% |
| Debt / equity | -24.01 |
| Long-term debt ratio | — |
| Interest coverage | 25.96 |
| Gross margin | — |
| Net margin | — |
| ROA | 2.0% |
| ROE | -45.6% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €1.13M |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €1.12M |
| Stocks & contracts in progress | 3 | €181k |
| Amounts receivable within one year | 40/41 | €939k |
| Cash & bank | 54/58 | €170 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.13M |
| Equity | 10/15 | €-49k |
| Contributions / capital | 10/11 | €13k |
| Accumulated profits (losses) | 14 | €-62k |
| Amounts payable | 17/49 | €1.18M |
| Amounts payable within one year | 42/48 | €1.18M |
| Trade debts payable within one year | 44 | €884k |
| Income statement | ||
| Gross operating margin | 9900 | €10k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €390 |
| Result before taxes | 9903 | €23k |
| Income taxes | 67/77 | €717 |
| Net result for the period | 9904 | €22k |
| Result to be appropriated | 9905 | €22k |
Historic — not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2018
Former directors (1)
-
Former— → 30-09-2018
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | HERMAN DRIESSEN KUNSTLAAN 10 BUS A01,
3500 HASSELT |
16-03-2023 → present | Belgian State Gazette |
| Curator | ILSE VRANKEN KUNSTLAAN 10 BUS A01, 3500 HASSELT |
16-03-2023 → present | Belgian State Gazette |
| NACE primary | Agriculture(01430) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 26-06-2018 |
| Status | Active |
| Postal code | 3510 |
| First BS signal | 22-03-2023 |
| Latest BS signal | 22-03-2023 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0410/00K007 | Flanders | 792 m² | 1 · 156 m² | 9.1 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 General meeting · Seat change · Officer appointment · Act object
- Filing: 2026-04-14 · HORSE CONNECTION
- Publication: 2026-05-04 · HORSE CONNECTION
- General meeting: 2025-12-04 · HORSE CONNECTION
- Seat change: new: Meybroekstraat 63 te 3510 Hasselt, old: Berkenlaan 24 te 3940 Hechtel-Eksel, effective_date: 2025-12-04 · HORSE CONNECTION
- Officer appointment: role: Bestuurder · Karim Ghaibi
- Act object: WIJZIGING ZETEL
Technical details
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}14-11-2018 Registered office moved from Lummen to Hechtel-Eksel
- Pastorijstraat 52, 3560 Lummen → Berkenlaan 24, 3940 Hechtel-Eksel
Technical details
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}28-06-2018 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | HORSE CONNECTION |