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JPB HORSES

Active
Private limited companyfounded 1975active for 51 yearsHoogveldstraat 7, 8020 Oostkamp, BelgiumKBO/BCE: BE 0415.437.637
Summary

JPB HORSES has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €261,038 and a net result of -€184,857. Equity has been shrinking by about 30% per year since 2018. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 30% of 31 sector peers (NACE 01, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 01-10-1975 Normal situation
Activity
Raising of horses and other equines NACE 01430and 3 others
Joint committee
144 Paritair Comité voor de landbouw · annual accounts 31-03-2023
Establishment unit
2.037.980.490 8020 Oostkamp, since 01-10-1975
Financial year end
31 March
Peppol
Reachable since 05-10-2025

Board and ownership

Board
  • BEUSELINCK Jean-PaulDirector
Shareholders
  • Jean-Paul BEUSELINCKannual accounts 31-03-2026

Financial position

79 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2026
Turnover
€94,782
▼ 27.2%
Loss
€184,857
▼ 33.5%
Equity
€261,038
▼ 41.5%
Total assets
€681,053
▼ 26.7%
Score breakdownraises riskLoss of €184,857, the second in a row (financial year 2026)Liquidity: current ratio 0.25, cash €6,349, halvedlowers riskSize: turnover €94,782, total assets €681,053Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2026
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 29% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2025
Average
Solvency 63-10
equity 38.3% of total assets
Liquidity 19-12
short-term debt 61.7% · cash 0.9%
Profitability 67+67
return on assets -27.1%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,695 companies, NACE 01, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.25 (0.28 in 2025), below 1. Short-term debt is 61.7% and cash 0.9% of total assets. 61.7% 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 01, micro). It does better than 53% of them on solvency, 15% on liquidity, 37% on profitability and 10% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €184,857, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.25, cash €6,349, halved
NBB · annual accounts
lowers risk · Size: turnover €94,782, total assets €681,053
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1819212223242526
2018 to 2026 · latest year -€184,857
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-10-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
20 days early
2025
31 days early
2024
38 days early
2023
50 days early
2022
21 days early
2021
18 days early
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2026 -€184,857 View
  • Positive: Oldest company in Oostkamp, Agriculture, forestry and fishing sectorin the Checked rankings No. 1 View
  • Caution: Equity fell in 2026from €445,895 to €261,038 ▼ 41.5% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as JPB HORSES: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €433,000 and €958,000, founded between 1977 and 1991.

CompanyTotal assetsTurnover
JPB HORSES Oostkamp€681,053€94,782
Stoeterij Schranshof Putte€433,281€116,983
IPSYS Lincent€484,064€220,868
Trekpaard Koksijde€567,259-
TRANSPORTSERVICE Torhout€689,710-
STOETERIJ DELOOF Torhout€436,200-
PLASSCHAERT Middelkerke€957,946-
Full comparison

Key facts about JPB HORSES

What is the company number of JPB HORSES?
The company number of JPB HORSES is 0415.437.637. The VAT number is the same number with BE in front: BE 0415.437.637.
Where is JPB HORSES based?
The registered office is at Hoogveldstraat 7, 8020 Oostkamp.Company details
What does JPB HORSES do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of JPB HORSES?
The legal form of JPB HORSES is Private limited company (BV).
When was JPB HORSES founded?
JPB HORSES was founded on 01-10-1975.
Is JPB HORSES still active?
Yes, JPB HORSES is an active enterprise in the KBO register.
How many employees does JPB HORSES have?
JPB HORSES had an average of 0.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does JPB HORSES fall under?
In its 31-03-2023 annual accounts, JPB HORSES states joint committee 144 (Paritair Comité voor de landbouw).
What is the turnover of JPB HORSES?
The turnover of JPB HORSES was €94,782 in financial year 2026, according to the filed annual accounts.
Is JPB HORSES profitable?
In financial year 2026, JPB HORSES made a loss of €184,857.
Where can I find the annual accounts of JPB HORSES?
JPB HORSES filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of JPB HORSES due?
JPB HORSES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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