VVL-HORSES
ActiveFrom the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
VVL-HORSES has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €174,651. Equity has been growing by about 27% per year since 2019. Its solvency ranks better than 45% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 27-02-2007 Normal situation
- Activity
- Wholesale trade NACE 46110and 2 others
- Establishment units
- 2.160.805.058 9771 Kruisem, since 27-02-2007
- 2.362.350.569 8790 Waregem, since 08-08-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 23-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.5m
- ▼ 6.0%
- Turnover
- ≈ €6.6m
- estimated
- Profit
- €174,651
- ▼ 41.7%
- Equity
- €1.2m
- ▲ 16.6%
- Total assets
- €3.2m
- ▲ 15.3%
- Staff
- 13.4 FTE
- ▼ 7.6%
Score breakdownlowers riskFounded in 2007Figures for financial year 2025 (filed on 31-03-2026)Liquidity: current ratio 1.45, cash €631,649Profit of €174,651 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small). It does better than 44% of them on solvency, 84% on liquidity, 73% on profitability and 78% on growth.
The bankruptcy probability was computed on 31-10-2026 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
The company filed its last 7 accounts on average 57 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 10th largest employer in Kruisem, Wholesale and retail trade sectorin the Checked rankings No. 10 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €174,651 7 years View
- Result fell in 2025the 2024 profit included a one-off income of €195,640 ▼ 41.7% View
Comparable companies
These companies have the same main activity as VVL-HORSES: wholesale trade (NACE 46110). They are comparable in size and age: total assets between €1.7m and €4.4m, founded between 1976 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| VVL-HORSES Kruisem | €3.2m | €1.5m |
| Aardappelenbedrijf DECANCQ Roeselare | €4.3m | €2.1m |
| PIPA Trading Aalter | €3.9m | - |
| NEW NORDIC HORSES Oudsbergen | €1.7m | €1.3m |
| A.T.D. Ternat | €4.4m | €3.8m |
| DENUCO Berlaar | €2.9m | €0.6m |
| Van Hees Kasterlee | €3.7m | €0.5m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 27-03-2026
- Annual accounts 2024filed on 11-03-2025
- Annual accounts 2023filed on 21-03-2024
- Annual accounts 2022filed on 22-03-2023
Acts in the Belgian Official Gazette
- Legal-form change · Resignations & appointmentsact of 12-08-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about VVL-HORSES
- What is the company number of VVL-HORSES?
- The company number of VVL-HORSES is 0887.546.931. The VAT number is the same number with BE in front: BE 0887.546.931.
- Where is VVL-HORSES based?
- The registered office is at Waregemsestraat (Nok) 61, 9771 Kruisem.Company details
- What does VVL-HORSES do?
- According to the KBO register, the main activity is wholesale trade (NACE 46110).
- What is the legal form of VVL-HORSES?
- The legal form of VVL-HORSES is Private limited company (BV).
- When was VVL-HORSES founded?
- VVL-HORSES was founded on 27-02-2007.
- Is VVL-HORSES still active?
- Yes, VVL-HORSES is an active enterprise in the KBO register.
- How many employees does VVL-HORSES have?
- VVL-HORSES had an average of 13.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VVL-HORSES?
- The turnover in financial year 2025 is ≈ €6.6m. This figure is estimated from the gross margin of €1.5m and 100 comparable companies (NACE 46). It probably lies between €3.9m and €11.0m.
- Is VVL-HORSES profitable?
- In financial year 2025, VVL-HORSES made a profit of €174,651.
- Where can I find the annual accounts of VVL-HORSES?
- VVL-HORSES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of VVL-HORSES due?
- VVL-HORSES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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