HORSE TRADING EXPORT
ActiveFor HORSE TRADING EXPORT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €5k and a net result of €-9k. Equity is growing by ~91.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 34217 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-100
Solvency38▼-23
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · 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 2023Solvency, return and age of the figures
Solvency
12.8%
Return on assets
-20.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-10-2024, 85 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
85 d late
2022
144 d late
2021
173 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€5k▼ 61.6%
2022 · €14k
2021: €-6k
2022: €14k
2021 → 2023
Total assets
€42k▲ 8.6%
2022 · €38k
2021: €3k
2022: €38k
2021 → 2023
Net result
€-9k
2022 · €20k
2021: €-9k
2022: €20k
2021 → 2023
Working capital
€4k▼ 66.1%
2022 · €12k
2021: €-8k
2022: €12k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€-6k-€14k€5k▼ 61.6%
Operating result€-9k-€24k€-8k
Net result€-9k-€20k€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €8k after €24k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42k
Fixed assets
€1k▼ 26.1%
Current assets
€40k▲ 10.1%
Equity and liabilities €42k
Equity
€5k▼ 61.6%
Debt
€36k▲ 48.6%
The debt ratio rises from 63.7% to 87.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2022 · €24k
Cash flow
€-8k▼
2022 · €21k
Solvency
12.8%▼
2022 · 36.3%
Current ratio
1.12▼
2022 · 1.51
Quick ratio
0.83▼
2022 · 1.12
Debt / equity
6.81▲
2022 · 1.76
ROE
-160.7%▼
2022 · 145.9%
ROA
-20.6%▼
2022 · 52.9%
Interest coverage
-26.41▼
2022 · 34.41
Debt
€36k▲
2022 · €24k
Debt ≤ 1 year
€36k▲
2022 · €24k
Staff costs
€4k▲
2022 · €2k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€38k€42k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€37k€40k▲
Stocks and contracts in progress3€9k€11k▲
Stocks30/36€9k€11k▲
Amounts receivable within one year40/41€7k€30k▲
Trade receivables40-€6k
Other amounts receivable41€7k€24k▲
Cash at bank and in hand54/58€20k€151▼
Equity and liabilities
Total equity and liabilities10/49€38k€42k▲
Equity10/15€14k€5k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€11k€2k▼
Amounts payable17/49€24k€36k▲
Amounts payable within one year42/48€24k€36k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€22k€30k▲
Taxes450/3€22k€29k▲
Remuneration and social security454/9-€365
Income statement
Code20222023
Remuneration, social security and pensions62€2k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400=
Other operating charges640/8€2k€630▼
Gross operating margin9900€28k€-3k▼
Operating profit (loss)9901€24k€-8k▼
Financial income75/76B€23€108▲
Recurring financial income75€23€108▲
Financial charges65/66B€698€301▼
Recurring financial charges65€698€301▼
Profit (loss) for the period before taxes9903€23k€-9k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€20k€-9k▼
Profit (loss) for the period to be appropriated9905€20k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€2k▼
Profit (loss) brought forward from the previous period14P€-9k€11k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 144 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 173 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity times 20current ratio 1.51
Current ratio from 0.07 to 1.51.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mouscron · 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.
Sint Achariusstraat 787700 MouscronGround area
5,491 m²
Building footprint
247 m²
Volume, LiDAR
522 m³
2 parcels, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HORSE TRADING EXPORT
since 20212.315.573.310
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0091/00F000 | Wallonia | 5,175 m² | 1 · 177 m² | - |
| 54007B0756/00T004 | Wallonia | 316 m² | 1 · 69 m² | 9.3 m · 3 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 16,144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
93127Equestrian clubs
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.