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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
59 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Installations de Sports Equestres from Watermaal-Bosvoorde, company number BE0403374597, closed financial year 2025 with a result of € -560,355 after tax. For that financial year Installations de Sports Equestres recorded a gross margin of € 27,945 and equity of € -6.5 million. Compared with financial year 2024, the result moved from € -547,756 to € -560,355. 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.
€ -6.5 million
▼ € 560,355 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -560,355
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,990
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.7 million.
People and assets in 2025
€ 14,794
▼ 36% 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.
€ 7,463
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,647
▲ € 5,078 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -66,883 | € -32,676 | € 8,829 | € 27,945 | ▲ 217% |
| Profit after taxes | € -711,215 | € -1,424,620 | € -547,756 | € -560,355 | ▼ € 12,599 |
| Equity | € -3,944,369 | € -5,368,989 | € -5,916,745 | € -6,477,100 | ▼ € 560,355 |
| Total debts | € 10,535,866 | € 10,809,542 | € 11,216,572 | € 12,080,017 | ▲ 8% |
| Cash | € 3,256 | € 3,256 | € 6,059 | € 1,990 | ▼ 67% |
| Land & buildings | € 5,708,838 | € 4,603,086 | € 4,441,637 | € 4,382,309 | ▼ 1% |
| Retained profit | € -5,142,260 | € -6,566,880 | € -7,114,636 | € -7,674,992 | ▼ € 560,355 |
| Bank debt | € 0 | € 33,250 | € 0 | € 0 | |
| Balance sheet total | € 6,591,497 | € 5,440,553 | € 5,299,827 | € 5,602,916 | ▲ 6% |
Key figures of Installations de Sports Equestres, 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 Installations de Sports Equestres?
What happened at Installations de Sports Equestres in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 560,355. Source: NBB ↗
- Giovanni Ferrero stepped down as director. NBB
- Sainte Alliance Real Estate Management srl stepped down as director. NBB
- Giovanni Ferrero became a director. NBB
- Sainte Alliance Real Estate Management srl became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 711,215 loss in 2022 to € 560,355 loss in 2025.
A new publication or filing at Installations de Sports Equestres? We notify you, reason included.
Follow Installations de Sports EquestresDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of GIFIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Installations de Sports EquestresThe shares are held by GIFIMMO.
Directors
According to the 2025 annual accounts
Giovanni Ferrero
Director
Also active at: Cercle Equestre Belge La Chevalerie, PEPINIERES D'ARGENTEUIL
since 2019 · until 2025
Sainte Alliance Real Estate Management srl
Director · represented by Guido Giannotta
Also active at: Cercle Equestre Belge La Chevalerie, GIFIMMO, LA SAPINIÈRE REAL ESTATE, ROOSEVELT 212, LOUISE AVENUE
since 2019 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 187
1170 Watermaal-Bosvoorde
Waterloosesteenweg 1441
1180 Ukkel
Active since 1 October 1961
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
Cercle Equestre Belge La Chevalerie same network
€ 424,912 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
- 0403.374.597
- VAT number
- BE 0403.374.597
- Registered office
- Terhulpsesteenweg 187, 1170 Watermaal-Bosvoorde
- Names & denominations
- Installations de Sports Equestres
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1961
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties