VS Stud d'Emma
ActiveVS Stud d'Emma has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €-15k. Its solvency ranks better than 20% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes
Profitability0
Solvency12
Growth-
Stability67
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95), and 97% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3%
Return on assets
-5.7%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3101 sector peers (2025).
NBB · sector comparisonPosition among 3101 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€8k
Total assets
€263k
Net result
€-15k
Working capital
€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €263k
Fixed assets
€21k
Current assets
€242k
Equity and liabilities €263k
Equity
€8k
Debt
€255k
Debt finances 97.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€-5k
Cash flow
€-6k
Solvency
3.0%
Current ratio
0.95
Quick ratio
0.01
Debt / equity
32.28
ROE
-188.9%
ROA
-5.7%
Interest coverage
-20.74
Debt
€255k
Debt ≤ 1 year
€255k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€263k
Fixed assets21/28€21k
Tangible fixed assets22/27€21k
Other tangible fixed assets26€21k
Current assets29/58€242k
Stocks and contracts in progress3€240k
Stocks30/36€240k
Amounts receivable within one year40/41€2k
Other amounts receivable41€2k
Cash at bank and in hand54/58€39
Equity and liabilities
Total equity and liabilities10/49€263k
Equity10/15€8k
Contributions10/11€23k
Profit (loss) carried forward14€-15k
Amounts payable17/49€255k
Amounts payable within one year42/48€255k
Trade debts44€5k
Suppliers440/4€5k
Other amounts payable47/48€251k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€1k
Gross operating margin9900€-4k
Operating profit (loss)9901€-15k
Financial charges65/66B€257
Recurring financial charges65€257
Profit (loss) for the period before taxes9903€-15k
Profit (loss) for the period9904€-15k
Profit (loss) for the period to be appropriated9905€-15k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wuustwezel · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marialaan 142990 WuustwezelGround area
593 m²
Building footprint
88 m²
Volume, LiDAR
435 m³
Parcel 11682G0457/00C025, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VS Stud d'Emma
since 20242.355.672.120
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682G0457/00C025 | Flanders | 593 m² | 1 · 88 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AP MARECHALERIE
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BE 0542.902.862
Assenede · Eq €8k
FERONIA
BE 0880.070.508
Hechtel-Eksel · Eq €8k
Equestrian 72
BE 0802.060.732
Sint-Niklaas · Eq €8k
HET GOUDEN BIT
BE 0875.057.685
Zedelgem · Eq €8k
Of 1,947 companies in sector 01430 we hold annual accounts for 739. 289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2024
Fiscal year end30-09
Activities, NACEBEL
01430Raising of horses and other equines
46232Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.