HORSE TRADING EXPORT
The computed 12-month bankruptcy probability of HORSE TRADING EXPORT is 0.9% (low). 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 15% of 10076 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5k |
| Net result | €-9k |
| Staff (FTE) | 0.9 |
| Better than sector | 15% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 12.8% | 58.6% | |
| Net result | €-9k | €28k | |
| Equity | €5k | €52k | |
| Gross operating margin | €-3k | €46k | |
| Staff costs | €4k | €8k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-8k |
| Net profit | €-9k |
| Cash flow | €-8k |
| Staff costs | €4k |
| Income taxes | - |
| Dividends | - |
| Total assets | €42k |
| Equity | €5k |
| Debt | €36k |
| of which ≤ 1y | €36k |
| of which > 1y | - |
| Working capital | €4k |
| Employees (FTE) | 0.9 |
| 2023 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 0.83 |
| Working capital ratio | 10.1% |
| Solvency | 12.8% |
| Debt / equity | 6.81 |
| Long-term debt ratio | - |
| Interest coverage | -26.41 |
| Gross margin | - |
| Net margin | - |
| ROA | -20.6% |
| ROE | -160.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €40k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €30k |
| Cash & bank | 54/58 | €151 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €5k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €36k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-3k |
| Operating result | 9901 | €-8k |
| Financial income | 75 | €108 |
| Financial charges | 65 | €301 |
| Result before taxes | 9903 | €-9k |
| Net result for the period | 9904 | €-9k |
| Result to be appropriated | 9905 | €-9k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 18-03-2021 |
| Status | Active |
| Postal code | 7700 |
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. |
|---|---|---|---|---|
| 54436A0091/00F000 | Wallonia | 5,175 m² | 1 · 177 m² | - |
| 54007B0756/00T004 | Wallonia | 316 m² | 1 · 69 m² | 9.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-07-2025 Registered office moved within Mouscron
- CHAUSSEE DE GAND 200 7700 MOUSCRON → Rue Saint Achaire 78, 7700 Mouscron
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Saint Achaire 78, 7700 Mouscron",
"city": "Mouscron",
"region": "waals_gewest",
"street": "Rue Saint Achaire",
"country": "BE",
"postcode": "7700",
"box_number": null,
"street_number": "78",
"locality_suffix": null
},
"old_address": {
"raw": "CHAUSSEE DE GAND 200 7700 MOUSCRON",
"city": "MOUSCRON",
"region": "waals_gewest",
"street": "CHAUSSEE DE GAND",
"country": "BE",
"postcode": "7700",
"box_number": null,
"street_number": "200",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-07-31",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-02-12",
"unanimous": null
},
"subject_company": {
"kbo": "0765.378.795",
"name_full": "HORSE TRADING EXPORT",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kerkove Nicolas",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}21-02-2023 Dissolution of the company
- Ontbinding: 2022-12-20
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "fr",
"pub_date": "2023-02-21",
"filing_date": "2022-12-20",
"act_kind_objet": "R\u00E9tractation de la dissolution judicialre"
},
"decision": {
"body": "rechterlijke_uitspraak",
"act_date": "2023-01-31",
"unanimous": null
},
"end_event": {
"reason": "Judicial dissolution retracted by the Tribunal de l\u0027Entreprise du Hainaut.",
"art_wvv": [],
"is_death": false,
"sub_type": "judicial_dissolution_retracted",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": "2022-12-20",
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_dob": null,
"person_rrn": null,
"is_judicial": false,
"person_name": null,
"is_remunerated": null,
"person_address": null,
"person_birth_place": null
},
"silent_merger": null,
"court_division": {
"name": "TRIBUNAL DE L\u0027ENTREPRISE DU HAINAUT DIVISION Tournai",
"language": "fr",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0765.378.795",
"name_full": "Horse Trading Export",
"legal_form": "SRL"
},
"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nicolas KERKOVE",
"org_rep_person_name": null
},
"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | HORSE TRADING EXPORT |