Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
59 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cercle Equestre Belge La Chevalerie from Watermaal-Bosvoorde, company number BE0402859113, closed financial year 2025 with a result of € -182,174 after tax. For that financial year Cercle Equestre Belge La Chevalerie recorded a gross margin of € 424,912 and equity of € -755,600. Compared with financial year 2024, the result moved from € -29,137 to € -182,174. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ -755,600
▼ € 182,174 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -182,174
▼ 525 % more loss than in 2024
Profit after tax over the fiscal year.
€ 75,819
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
10.8
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 580,326
▲ 10% vs 2024
€ 53,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,011
▼ 88% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 254,608
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,851
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 483,724 | € 467,621 | € 534,743 | € 424,912 | ▼ 21% |
| Profit after taxes | € -54,542 | € -132,339 | € -29,137 | € -182,174 | ▼ € 153,037 |
| Equity | € -411,950 | € -544,289 | € -573,426 | € -755,600 | ▼ € 182,174 |
| Total debts | € 675,883 | € 773,147 | € 866,638 | € 938,434 | ▲ 8% |
| Cash | € 80,648 | € 120,888 | € 191,560 | € 75,819 | ▼ 60% |
| Retained profit | € -411,950 | € -544,289 | € -573,426 | € -755,600 | ▼ € 182,174 |
| Balance sheet total | € 263,933 | € 228,858 | € 293,212 | € 182,834 | ▼ 38% |
| Employees (FTE) | 10 | 9.6 | 9.3 | 10.8 | ▲ 1.5 |
Key figures of Cercle Equestre Belge La Chevalerie, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cercle Equestre Belge La Chevalerie?
What happened at Cercle Equestre Belge La Chevalerie in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 182,174. Source: NBB ↗
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,542 loss in 2022 to € 182,174 loss in 2025.
On average € 39,300 of value added per employee in 2025.
A new publication or filing at Cercle Equestre Belge La Chevalerie? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Cercle Equestre Belge La Chevalerie are Installation de Sports Equestres SA and Sainte Alliance Real Estate Management srl. Sainte Alliance Real Estate Management srl is also behind Installations de Sports Equestres, GIFIMMO, LA SAPINIÈRE REAL ESTATE, ROOSEVELT 212 and LOUISE AVENUE.
Directors
According to the 2025 annual accounts
Installation de Sports Equestres SA
Director · represented by Giovanni Ferrero
Sainte Alliance Real Estate Management srl
Director · represented by Guido Giannotta
Also active at: Installations de Sports Equestres, GIFIMMO, LA SAPINIÈRE REAL ESTATE, ROOSEVELT 212, LOUISE AVENUE
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 187
1170 Watermaal-Bosvoorde
Brassinelaan 38
1640 Sint-Genesius-Rode
Active since 14 June 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 59 companies are registered at this address.
All companies at this address →Ferrero
€ 252.9 million revenue · 2025
Installations de Sports Equestres same network
€ 27,945 gross margin · 2025
ELMAR IMMO
€ 390,066 gross margin · 2025
JANSON
€ 21.7 million revenue · 2025
BUREAU D’ENGINEERING ET D’ARCHITECTURE INDUSTRIELLE
€ -24,932 gross margin · 2025
+54 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.859.113
- VAT number
- BE 0402.859.113
- Registered office
- Terhulpsesteenweg 187, 1170 Watermaal-Bosvoorde
- Names & denominations
- Cercle Equestre Belge La Chevalerie · La Chevalerie
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 7 February 1963
- Peppol
- Active · Active since 8 Apr 2025
- Activities · NACE
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