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MVO Stables

Active
Non-profit associationfounded 20197 yrs activeBegonialaan 14, 2260 Westerlo, BelgiumKBO/BCE: BE 0730.934.491
Summary

MVO Stables has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,598) and a net result of -€852. Its solvency ranks better than 5% of 2642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Equestrian clubs
NACE 93127
Size
€6,931total assets 2025
Equity
-€19,598
Loss
-€852
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 28 d early0 of 1 deed read
Why 53Capped at 59: negative equity- Negative equity -€19,598+ Legal form Non-profit association+ Size: total assets €6,931+ Sector Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 0
equity -282.7% of total assets
Liquidity 25
short-term debt 382.7% · cash 20.4%
Profitability 7
return on assets -12.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (4,222 companies)
Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● 0.0% vs 11-2024highest value 01-2025: 0.1%● 0.0% vs 12-2024highest value 02-2025: 0.1%▼ -1.8% vs 01-2025 03-2025: 0.1%▼ -7.3% vs 02-2025 04-2025: 0.1%▼ -2.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▼ -2.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▼ -4.1% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%▼ -2.1% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%▼ -2.2% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Legal form Non-profit association lowers the probability
  • Size: total assets €6,931 lowers the probability for this profile
  • Negative equity -€19,598 raises the probability
  • Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
No credit on open account
Liquidity short (current ratio 0.26; short-term debt: 382.7% and cash: 20.4% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 9%, liquidity 21%, profitability 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Size: total assets €6,931
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€19,598
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Sports, amusement and recreation activities (NACE 93)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€19,598 View
  • Caution: Among the weakest 5% on solvencysector median 28.1% · 2,642 companies -282.7% View
  • Total assets 2025first fiscal year filed €6,931 View

By topic

Financials

Fiscal year
2025
Total assets
€6,931
Loss
-€852
Solvency
-282.7%
Go to Financials

Company details

Legal form
Non-profit association
Activity
Equestrian clubsNACE 93127
Founded
22-07-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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