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WinHorses

Active
Private limited companyfounded 2015active for 11 yearsVierbunderweg(Onk) 12, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0641.775.754
Summary

WinHorses has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €1.5m. Its solvency ranks better than 88% of 2,071 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
WinHorsesActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Raising of horses and other equines
NACE 01430
1 site
Size
≈ €3.5mturnover 2025, estimated
Equity
€2.3m
Profit
€1.5m
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Auditor: AELVOET, SAMAN & PARTNERS2025 accounts on time1 of 2 deeds summarised
Why 98raises riskLiquidity: current ratio 8.14, cash €81,227lowers riskSize: total assets €2.8mFigures for financial year 2025 (filed 30-04-2026)Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (NACE 01, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+10
equity 82.9% of total assets
Liquidity 54+5
short-term debt 9.4% · cash 2.9%
Profitability 100+24
return on assets 52.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (907 companies, NACE 01, small)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: < 0.1%▼ -0.4 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.14, compared with 2.82 in 2024, above the usual 1.5; short-term debt: 9.4% and cash: 2.9% of total assets), and 17.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 91% on solvency, 67% on liquidity, 98% on profitability and 96% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-04-2026)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Liquidity: current ratio 8.14, cash €81,227
NBB · annual accounts
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 30-04-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average on the deadline day; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than doubledcurrent ratio 8.14
  3. Equity above €2mequity €2.3m ▲161%

Key points

  • Positive: Result rose in 2025from €84,350 to €1.5m ▲ 17× View
  • Positive: Among the best 5% on net resultsector median €50,877 · 2,069 companies €1.5m View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€2.8m
Profit
€1.5m
Solvency
82.9%
Total assets▲ 104%
Net result
20242025
Go to Financials

Board & ownership

Board
2 members
Auditor
AELVOET, SAMAN & PARTNERS
  • DE WINNE FloreDirector
  • DE WINNE PascalDirector
Go to Board & ownership

Timeline

Events
5
Since
2023
Next accounts
by 30-04-2027
  1. 30-04-2025Annual accounts filed
  2. 29-12-2023Appointments: Aelvoet,Saman & Partners, DE WINNE Pascal…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Raising of horses and other equinesNACE 01430
Founded
21-10-2015
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
18
Who signs
Each director alone
Purpose
“Als hoofdactiviteit: het fokken van paardachtigen; Het opfokken van paardachtigen; De…” (deed in Dutch)
Go to Articles of association

Key facts about WinHorses

What is the company number of WinHorses?
0641.775.754. In Belgium the VAT number is the company number with BE in front: BE 0641.775.754.
Where is WinHorses based?
The registered office is at Vierbunderweg(Onk) 12, 9500 Geraardsbergen.Company details
What does WinHorses do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of WinHorses?
Private limited company (BV).
When was WinHorses founded?
On 21-10-2015.
Is WinHorses still active?
Yes, WinHorses is an active enterprise in the KBO register.
What is the turnover of WinHorses?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WinHorses profitable?
In financial year 2025, WinHorses made a profit of €1.5m.
Where can I find the annual accounts of WinHorses?
WinHorses filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WinHorses due?
By 30-04-2027, for financial year 2026.Timeline

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