Financials
- Fiscal year
- 2026
- Total assets
- €469,502
- Loss
- -€71,977
- Solvency
- -76.5%
Total assets▼ 8.8%
Net result
20202026
Stal Het Hobos
ActiveSummary
Stal Het Hobos has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€359,017) and a net result of -€71,977. Equity is shrinking by ~54.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 69 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Raising of horses and other equines
NACE 01430
1 site
Size
€469,502total assets 2026
- Equity
- -€359,017
- Loss
- -€71,977
Turnover not published (abridged schema)
Structure
Accounts 104 d early0 of 3 deeds read
Why 53Capped at 59: negative equity- Loss of €71,977, the second in a row (FY 2026)- Negative equity -€359,017+ Size: total assets €469,502+ Sector Crop and animal production, hunting and related service activities (NACE 01)Show the evidence
Checked score
Score 2026
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2025
Weak
Solvency
0=
equity -76.5% of total assets
Liquidity
44=
short-term debt 29.9% · cash 5.2%
Profitability
0=
return on assets -15.3%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● 0.0% vs 11-2024
01-2025: 0.8%● 0.0% vs 12-2024
02-2025: 0.8%● 0.0% vs 01-2025
03-2025: 0.8%● 0.0% vs 02-2025
04-2025: 0.8%● 0.0% vs 03-2025
05-2025: 0.8%▼ -2.4% vs 04-2025
06-2025: 0.8%▲ +1.4% vs 05-2025
07-2025: 0.8%▼ -2.4% vs 06-2025
08-2025: 0.8%▼ -1.2% vs 07-2025
09-2025: 0.9%▲ +13.3% vs 08-2025
10-2025: 1.2%▲ +42.5% vs 09-2025highest value
11-2025: 1.2%● 0.0% vs 10-2025highest value
12-2025: 1.2%● 0.0% vs 11-2025highest value
01-2026: 1.2%● 0.0% vs 12-2025highest value
02-2026: 1.2%● 0.0% vs 01-2026highest value
03-2026: 1.2%● 0.0% vs 02-2026highest value
04-2026: 1.2%● 0.0% vs 03-2026highest value
05-2026: 1.2%▼ -1.6% vs 04-2026
06-2026: 1.2%● 0.0% vs 05-2026
07-2026: 0.7%▼ -43.9% vs 06-2026lowest value
08-2026: 0.7%● 0.0% vs 07-2026lowest value
09-2026: 0.7%● 0.0% vs 08-2026lowest value
10-2026: 0.7%● 0.0% vs 09-2026lowest value
- Size: total assets €469,502 lowers the probability for this profile
- Loss of €71,977, the second in a row (FY 2026) raises the probability
- Negative equity -€359,017 raises the probability
- Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
No credit on open account
Liquidity ample (current ratio 1.95 against 2.47 in 2025; short-term debt: 29.9% and cash: 5.2% of total assets), but 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 01, micro). Better than this share of them on solvency 5%, liquidity 41%, profitability 4%, growth against the median 13%. 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.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
20212223242526
2020 to 2026 · latest year -€359,017
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 18-06-2026, 104 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
104 d early
2025
4 d early
2024
2 d late
2023
32 d early
2022
31 d early
2021
on the day
2020
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today28-02-2027 close30-09-2027 deadline
- Annual accounts filedfiscal year 2026 · micro…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2026: debts exceed assets -€359,017 View
- Risk: 6 loss-making years in a rowloss fiscal year 2026 -€71,977 View
- Caution: Among the weakest 5% on net resultsector median €3,719 · 69 companies -€71,977 View
- Caution: Equity fell in 2026from -€287,040 to -€359,017 ▼ 25.1% View
By topic
Timeline
- Events
- 13
- Since
- 2016
- Next accounts
- by 30-09-2027
- 18-06-2026Annual accounts filed
- 26-09-2025Annual accounts filed
- 02-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Raising of horses and other equinesNACE 01430
- Founded
- 30-03-2011
- Year ends
- 28-02
- Peppol
- Reachable for e-invoices
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