Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington from Oostende, company number BE0405248677, closed financial year 2025 with a result of € -300,694 after tax. For that financial year Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington recorded a gross margin of € 152,523 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -355,041 to € -300,694. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.6 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -300,694
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,069
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,940
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 239,632
▼ 19% vs 2024
€ 57,917 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 13,483
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 189,761 | € 156,084 | - | - | |
| Gross margin | - | - | € -11,551 | € 152,523 | ▲ € 164,074 |
| Profit after taxes | € -328,153 | € -327,251 | € -355,041 | € -300,694 | ▲ € 54,347 |
| Equity | € 3,745,238 | € 3,357,897 | € 2,940,213 | € 2,576,878 | ▼ 12% |
| Total debts | € 203,581 | € 495,526 | € 449,851 | € 462,352 | ▲ 3% |
| Cash | € 89,631 | € 55,991 | € 121,746 | € 2,069 | ▼ 98% |
| Land & buildings | € 4,298,848 | € 4,068,545 | € 3,940,497 | € 3,579,344 | ▼ 9% |
| Retained profit | € 2,850,288 | € 2,555,031 | € 2,229,432 | € 1,958,181 | ▼ 12% |
| Bank debt | € 0 | € 0 | € 295,442 | € 239,632 | ▼ 19% |
| Balance sheet total | € 5,435,365 | € 5,201,503 | € 4,598,001 | € 4,107,871 | ▼ 11% |
Key figures of Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington, 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 Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington?
What happened at Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Danny Vande Sompele stepped down as director. NBB
- Christophe Desimpel stepped down as director. NBB
- Joeri Impens stepped down as director. NBB
- Kim Van Vaerenbergh stepped down as director. NBB
- Patrick Orlans stepped down as director. NBB
- Dieter Vanlerberghe stepped down as director. NBB
- Olivier Orlans stepped down as director. NBB
- Tim Callebaut stepped down as director. NBB
In short
From € 328,153 loss in 2022 to € 300,694 loss in 2025.
Paid € 781 in corporate taxes since 2022.
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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
The stake of EVENTOR, E.N.G. - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome WellingtonThe shares are held by EVENTOR (84.7%) and E.N.G. - INVEST (28.5%).
Directors
According to the 2025 annual accounts
Joeri Impens
Managing director
Also active at: MAX LOBO & CO, BELGISCHE PMU, SPORTS.be, QMLM CONSULTANTS, WORLD FOOTBALL ASSOCIATION, MISTRAL, OSTEND SEA P'LACE, BINGOAL NEDERLAND +15 more
since 2023 · until 2029
since 2023 · until 2029
Danny Vande Sompele
Director
Also active at: Quadrafin, TASSAERT, OSMO REAL ESTATE, Immo Matisse, REMONI, ALUCLAEYS INVEST, OSTEND SEA P'LACE, EUROFINA +16 more
since 2025 · until 2031
Christophe Desimpel
Director
Also active at: IMMO DESIMPEL, Groote Speye, OSMO REAL ESTATE, Immo Matisse, REMONI, DE CEDERBOOM, DE SPEYEBEEK, DEMSONAR +44 more
since 2024 · until 2030
since 2023 · until 2029
since 2023 · until 2029
Olivier Orlans
Managing director
Also active at: Lexim Consulting, WELLINGTON GOLF OOSTENDE, BLUE SKY CONCERTS, EVENTOR, PROMOTIE OOSTENDE KOERSE
since 2023 · until 2029
since 2023 · until 2029
Shareholders
84.7%
28.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sportstraat 48
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →OSTEND SEA P'LACE same network
€ 220,461 gross margin · 2025
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KINDEREN AAN ZEE
ABSOLUTEYOU
€ 140.7 million revenue · 2025
OOSTENDE KOERSE
+2 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
- 0405.248.677
- VAT number
- BE 0405.248.677
- Registered office
- Sportstraat 48, 8400 Oostende
- Names & denominations
- Koninklijke Renvereniging Oostende Hippodroom Wellington-Société Royale des Courses d'Ostende Hippodrome Wellington
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1919
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen