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Protea Stables

Active
Private limited companyfounded 2020active for 6 yearsKapelstraat (Ab) 68, 2920 Kalmthout, BelgiumKBO/BCE: BE 0755.783.418
Summary

Protea Stables has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,384 and a net result of €6,110. Equity has been growing by about 24% per year since 2021. Its solvency ranks better than 54% of 3,710 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 06-10-2020 Normal situation
Activity
Raising of horses and other equines NACE 01430
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2024
Establishment unit
2.308.315.730 2920 Kalmthout, since 06-10-2020
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board
  • Jacobs PaigeDirector · since 06-10-2020
  • Van Thillo RobinDirector · since 06-10-2020

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€13,755
▲ 95.9%
Turnover
≈ €51,000
estimated
Profit
€6,110
▲ 242%
Equity
€27,384
▲ 28.7%
Total assets
€75,755
▼ 17.5%
Staff
≈ 0 FTE
estimated
Filed on 09-07-2026, 22 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.17, cash €28, halvedFounded in 2020lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €75,755Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Average
Solvency 61+13
equity 36.1% of total assets
Liquidity 16-1
short-term debt 63.9% · cash 0.0%
Profitability 79+8
return on assets 8.1%
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% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged 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: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -0.1 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.97 in 2024), below the usual 1.5. Short-term debt is 63.9% and cash 0% of total assets. 63.9% 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 51% of them on solvency, 13% on liquidity, 71% on profitability and 78% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Liquidity: current ratio 1.17, cash €28, halved
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €75,755
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
22 days early
2024
17 days early
2023
19 days early
2022
33 days early
2021
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 23 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Registered office moved from Wuustwezel to Kalmthout
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Protea Stables: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €53,400 and €92,400, founded between 2018 and 2021.

CompanyTotal assetsGross margin
Protea Stables Kalmthout€75,755€13,755
Budd Invest Nivelles€81,283€9,321
SVM Sporthorses Westerlo€66,613€18,387
MM Equestrian Services Puurs-Sint-Amands€63,683€29,179
Stal van 'T Zand Dendermonde€92,365€7,643
R&D Horses Pajottegem€53,381€11,952
ELEVAGE DE LA PODKOVA Beauraing€73,759€10,652
Full comparison

Key facts about Protea Stables

What is the company number of Protea Stables?
The company number of Protea Stables is 0755.783.418. The VAT number is the same number with BE in front: BE 0755.783.418.
Where is Protea Stables based?
The registered office is at Kapelstraat (Ab) 68, 2920 Kalmthout.Company details
What does Protea Stables do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of Protea Stables?
The legal form of Protea Stables is Private limited company (BV).
When was Protea Stables founded?
Protea Stables was founded on 06-10-2020.
Is Protea Stables still active?
Yes, Protea Stables is an active enterprise in the KBO register.
How many employees does Protea Stables have?
Protea Stables had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Protea Stables fall under?
In its 2024 annual accounts, Protea Stables states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Protea Stables?
The turnover in financial year 2025 is ≈ €51,000. This figure is estimated from the gross margin of €13,755 and 33 comparable companies (NACE 01). It probably lies between €24,000 and €120,000. It is a rough estimate.
Is Protea Stables profitable?
In financial year 2025, Protea Stables made a profit of €6,110.
Where can I find the annual accounts of Protea Stables?
Protea Stables filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Protea Stables due?
Protea Stables must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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