Equity
€333,856 ▼ 6.7%
NicHorse paid out €85,000 in dividends. That is 140% of the 2025 profit.
NicHorse
Lifetime
14 annual accounts with figures on one time axispeak €581,023 (2017)
€97,557▲ €195,438
lowest -€118,681 (2024)
€60,880▲ €179,561
peak €524,196 (2018)
€333,856▼ 6.7%
€106,133▲ 565%
peak 0.2 FTE (2017)
-not published
Board2 names since 2019
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from -€97,881 to €97,557Back to profit: €60,880Dividend €85,000Debts from €15,954 to €106,133
Key points
from the 2025 annual accountsResult
€60,880 €60,880
Back in profit in 2025, after a loss of €118,681 in 2024.
Debts
€106,133 ▲ 565%
Debts rose by €90,179 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
4.01 was 22.12 in 2024
Short-term debts rose from €15,954 to €106,133.
Filings
14 annual accounts since 2012
The last five annual accounts were filed 0 to 10 days before the end of the period.
Position in the sector
€333,856
More equity than 91% of companies in creative and performing arts. Sector median €42,947 · 2,609 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as NicHorse has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,691 companies, not a prediction for NicHorse. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0835021728
1 manager resigning, 1 director reappointed
Resignation: (manager) · Reappointment: (director) · Permanent representative: · Gazette deed
Appointment: (director)
General meeting of 28-06-2019 · Gazette deed
Resignation: (manager)
General meeting of 28-06-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NicHorse Chaumont-Gistoux | €439,989 | €97,557 | 75.9% | - |
| E-LOGIC Vilvoorde | €426,321 | €97,677 | 83.9% | - |
| ARTLOGIC Sint-Niklaas | €462,119 | €88,610 | 50.8% | - |
| ZORIN INDUSTRIES Schoten | €354,925 | €112,943 | 82.9% | - |
| SdL ADVICE Knokke-Heist | €329,640 | €102,757 | 61.3% | - |
| GREENLIGHTS Sint-Lievens-Houtem | €580,079 | €110,251 | 74.4% | - |
| SUPERMOON Boom | €348,313 | €157,915 | 52.3% | - |
These companies have the same main activity as NicHorse: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €330,000 and €580,000, founded between 2009 and 2013.
Official details
Source: KBO- Status
- Active since 31-03-2011Normal situation
- Activity
- Promotion and organisation of arts and performing arts eventsNACE 90391and 1 other
- Establishment unit
- 2.197.860.3451495 Villers-la-Ville, since 01-05-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 29-12-2025
Annual accounts to 30-06-2025
- ≈ €290,000estimated
- €439,989▲ 17.7%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on NicHorse
NicHorse files the micro format. That format states no turnover. The gross margin rose from -€3,003 in 2012 to €97,557 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NicHorse
- What is the company number of NicHorse?
- The company number of NicHorse is 0835.021.728. The VAT number is the same number with BE in front: BE 0835.021.728.
- Where is NicHorse based?
- The registered office is at Rue des Papeteries 30, 1325 Chaumont-Gistoux.Company details
- What does NicHorse do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of NicHorse?
- NicHorse is a private limited company (BV).
- When was NicHorse founded?
- NicHorse was founded on 31-03-2011.
- Is NicHorse still active?
- Yes, NicHorse is an active enterprise in the KBO register.
- What is the turnover of NicHorse?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €97,557 and 2,666 comparable companies of the same size. It probably lies between €190,000 and €510,000. It is a rough estimate.Financials
- Is NicHorse profitable?
- In financial year 2025, NicHorse made a profit of €60,880.
- Where can I find the annual accounts of NicHorse?
- NicHorse filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NicHorse due?
- NicHorse must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.