Active BE 0780.518.715Private limited company

JBM HORSES

Ooievaar 8 ·3740 Bilzen, Belgium· 4 yrs active

Sector: Detailhandel in overige sportartikelen (47639)

Conclusion Checked

The computed 12-month bankruptcy probability of JBM HORSES is 2.0% (moderate). The 2024 annual accounts show equity of €46k and a net result of €41k. Equity is growing by ~127% per year across the filed fiscal years. Its solvency ranks better than 55% of 6717 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€46k
Net result	€41k
Better than sector	55%
Active	4 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

78 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 76

Profitability 100

Solvency 43

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

76 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 29-09-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~127%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

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).

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	25.1%	20.4%	better than 55% of 6717 sector peers
Net result	€41k	€4k	better than 86% of 6698 sector peers
Equity	€46k	€16k	better than 70% of 6732 sector peers
Gross operating margin	€56k	€24k	better than 68% of 6677 sector peers
Total assets	€184k	€94k	better than 68% of 6721 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€55k

+136.7% 22-24

Net profit

€41k

+204.4% 22-24

Cash flow

€44k

+168.3% 22-24

Total assets

€184k

-29.3% 22-24

Equity

€46k

+174.1% 22-24

Working capital

€33k

+626.6% 22-24

Income taxes

€8k

+116.6% 22-24

Dividends

€2k

- 22-24

Debt

€137k

-43.4% 22-24

Debt ≤ 1y

€137k

-42.9% 22-24

Current ratio

1.24

+21.6% 22-24

Quick ratio

0.45

-25.0% 22-24

Solvency

25.1%

+287.4% 22-24

Debt / equity

2.98

-79.3% 22-24

ROE

88.9%

+11.1% 22-24

ROA

22.3%

+330.3% 22-24

Interest coverage

18.89

+154.1% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€55k
Net profit	€41k
Cash flow	€44k
Staff costs	-
Income taxes	€8k
Dividends	€2k
Total assets	€184k
Equity	€46k
Debt	€137k
of which ≤ 1y	€137k
of which > 1y	-
Working capital	€33k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.24
Quick ratio	0.45
Working capital ratio	17.9%
Solvency	25.1%
Debt / equity	2.98
Long-term debt ratio	-
Interest coverage	18.89
Gross margin	-
Net margin	-
ROA	22.3%
ROE	88.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €13k · 7.3% Current assets €170k · 92.8%

Equity & liabilities

Equity €46k · 25.1% Debt €137k · 74.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€184k
Fixed assets	21/28	€13k
Tangible fixed assets	22/27	€13k
Current assets	29/58	€170k
Stocks & contracts in progress	3	€108k
Amounts receivable within one year	40/41	€33k
Cash & bank	54/58	€26k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€184k
Equity	10/15	€46k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€41k
Amounts payable	17/49	€137k
Amounts payable within one year	42/48	€137k
Trade debts payable within one year	44	€8k
Income statement
Gross operating margin	9900	€56k
Operating result	9901	€52k
Financial income	75	€28
Financial charges	65	€3k
Result before taxes	9903	€49k
Income taxes	67/77	€8k
Net result for the period	9904	€41k
Result to be appropriated	9905	€41k

You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Detailhandel in overige sportartikelen(47639)
Legal form	Private limited company(610)
Incorporation	17-01-2022
Status	Active
Postal code	3740

Establishment units 1 location

JBM HORSES

Geerkensveldstraat 70, 3690 ZutendaalFokken en houden van paarden en andere paardachtigen

since 20222.326.936.265

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73006G1220/00A000	Flanders	3,831 m²	1 · 198 m²	2.0 m
71582E0174/00W000	Flanders	1,711 m²	1 · 118 m²	8.5 m · 2 fl.

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.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

29-09-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

09-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

19-07-2024

State Gazette act Registered-office change

29-05-2024

State Gazette act Registered-office change

2023

29-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

22-02-2023

State Gazette act Registered-office change

Belgisch Staatsblad, acts 3 acts

Address history · 3

19-07-2024

Registered-office move

29-05-2024

Registered-office move

22-02-2023

Registered-office move

All acts · 3 updated 2 years ago

2024

19-07-2024 Registered office moved within Bilzen Registered-office change

Ooievaar 8 bus 4, 3740 Bilzen → Ooievaar 8 bus 3, 3740 Bilzen

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Ooievaar 8 bus 3, 3740 Bilzen",
        "city": "Bilzen",
        "region": "vlaams_gewest",
        "street": "Ooievaar",
        "country": "BE",
        "postcode": "3740",
        "box_number": "3",
        "street_number": "8",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Ooievaar 8 bus 4, 3740 Bilzen",
        "city": "Bilzen",
        "region": "vlaams_gewest",
        "street": "Ooievaar",
        "country": "BE",
        "postcode": "3740",
        "box_number": "4",
        "street_number": "8",
        "locality_suffix": null
      },
      "effective_date": "2024-04-30",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "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": "nl",
    "pub_date": null,
    "filing_date": "2024-07-10",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2024-04-30",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0780.518.715",
    "name_full": "JBM Horses",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Jean-Baptiste Trocmet",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}

29-05-2024 Registered office moved from Zutendaal to Bilzen Registered-office change

Geerkensveldstraat 70, 3690 Zutendaal → Ooievaar 8 bus 4, 3740 Bilzen

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Ooievaar 8 bus 4, 3740 Bilzen",
        "city": "Bilzen",
        "region": "vlaams_gewest",
        "street": "Ooievaar",
        "country": "BE",
        "postcode": "3740",
        "box_number": "4",
        "street_number": "8",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Geerkensveldstraat 70, 3690 Zutendaal",
        "city": "Zutendaal",
        "region": "vlaams_gewest",
        "street": "Geerkensveldstraat",
        "country": "BE",
        "postcode": "3690",
        "box_number": null,
        "street_number": "70",
        "locality_suffix": null
      },
      "effective_date": "2024-05-01",
      "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": "absolute",
      "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": "nl",
    "pub_date": "2024-05-29",
    "filing_date": "2024-05-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2024-04-30",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0780.518.715",
    "name_full": "JBM Horses",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Jean-Baptiste Trocmet",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}

2023

22-02-2023 Registered office moved from Eigenbilzen to Zutendaal Registered-office change

Winkelomstraat 48B, 3740 Eigenbilzen → Geerkensveldstraat 70 te 3690 Zutendaal

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Geerkensveldstraat 70 te 3690 Zutendaal",
        "city": "Zutendaal",
        "region": "vlaams_gewest",
        "street": "Geerkensveldstraat",
        "country": "BE",
        "postcode": "3690",
        "box_number": null,
        "street_number": "70",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Winkelomstraat 48B, 3740 Eigenbilzen",
        "city": "Eigenbilzen",
        "region": "vlaams_gewest",
        "street": "Winkelomstraat",
        "country": "BE",
        "postcode": "3740",
        "box_number": null,
        "street_number": "48B",
        "locality_suffix": null
      },
      "effective_date": "2023-01-01",
      "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": "immediate",
      "statutaire_vs_werkelijke": null,
      "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": "nl",
    "pub_date": "2023-02-22",
    "filing_date": "2023-02-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2023-01-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0780.518.715",
    "name_full": "JBM Horses",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Kusters Myriam",
    "org_rep_person_name": null,
    "person_role_at_subject": "Zaakvoerder"
  },
  "co_filed_documents": [
    "Bijlagen bij het Belgisch Staatsblad - 22/02/2023 - Annexes du Moniteur belge"
  ]
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Detailhandel in overige sportartikelen47639Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels47640Fokken van paarden en andere paardachtigen01430Fokken en houden van paarden en andere paardachtigen01430Handelsbemiddeling in landbouwproducten, levende dieren en textielgrondstoffen en halffabrikaten46110Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten46110Groothandel in levende dieren, m.u.v. levend vee46232Groothandel in levende dieren, muv levend vee46232Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300

Primary activity highlighted.

Names & trade names

Legal nameNL

JBM HORSES

Registered office

Ooievaar 8 bus 3

3740 Bilzen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

Similar companies Comparable size · 128 of 1,314 companies in this sector with filed accounts

SELLERIE MAHIEU BE 1003.362.753 · Saint-Ghislain

AUTOKIOSK BE 0762.977.155 · Zele

THE MOOSE BE 0543.434.877 · Kontich

ALOSTA DARTS BE 0782.483.855 · Aalst

TRIDOME BE 0752.888.561 · Rumst