Financials
Financial year 2024
HORSE OF BELGIUM from Leuze-en-Hainaut, company number BE0438773758, closed financial year 2024 with a result of € 272,777 after tax. For that financial year HORSE OF BELGIUM recorded a gross margin of € 526,971 and equity of € 1.3 million. Compared with financial year 2023, the result moved from € 303,802 to € 272,777. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 1.3 million
▲ 26% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 272,777
▼ 10% vs 2023
Profit after tax over the fiscal year.
€ 785,940
▲ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.3 million.
People and assets in 2024
2.8
▲ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 79,154
▲ 16% vs 2023
€ 28,300 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.
€ 44,626
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,041
▼ 97% vs 2023
Loans from banks and other lenders, long and short.
€ 95,233
▼ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 35,391
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 362,900 | € 176,337 | € 534,023 | € 526,971 | ▼ 1% |
| Profit after taxes | € 206,420 | € 56,410 | € 303,802 | € 272,777 | ▼ 10% |
| Equity | € 672,078 | € 728,488 | € 1,032,290 | € 1,305,067 | ▲ 26% |
| Total debts | € 626,555 | € 430,679 | € 500,279 | € 670,023 | ▲ 34% |
| Cash | € 501,727 | € 367,525 | € 615,628 | € 785,940 | ▲ 28% |
| Land & buildings | € 230,600 | € 214,922 | € 199,243 | € 201,950 | ▲ 1% |
| Retained profit | € 653,478 | € 709,888 | € 1,013,690 | € 1,286,467 | ▲ 27% |
| Bank debt | € 47,988 | € 31,587 | € 31,727 | € 1,041 | ▼ 97% |
| Balance sheet total | € 1,298,633 | € 1,159,167 | € 1,532,569 | € 1,975,090 | ▲ 29% |
| Employees (FTE) | - | - | 2.3 | 2.8 | ▲ 0.5 |
Key figures of HORSE OF BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HORSE OF BELGIUM?
What happened at HORSE OF BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 272,777 (▼ 10% vs 2023). filed late Source: NBB ↗
- Nicolas Boudrenghien became a director. NBB
- New establishment in Leuze-en-Hainaut. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,420 profit in 2021 to € 272,777 profit in 2024.
Paid € 299,825 in corporate taxes since 2021.
Best year ever: 2023, with € 303,802 profit.
On average € 188,200 of value added per employee in 2024.
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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 HORSE OF BELGIUM is Nicolas Boudrenghien.
Directors
According to the 2024 annual accounts
Nicolas Boudrenghien
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Rue du Maréchal(PX) 23B
7904 Leuze-en-Hainaut
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
horseofbelgium.com
Registered
2006-08-04
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-08-04
Website info
Features
Security
Network
Details
- Company number
- 0438.773.758
- VAT number
- BE 0438.773.758
- Registered office
- Rue du Maréchal(PX) 23B, 7904 Leuze-en-Hainaut
- Names & denominations
- HORSE OF BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1989
- Peppol
- Active · Active since 12 Feb 2025
- Contact
- horseofbelgium.com
- Activities · NACE
Fokken en houden van melkvee
Rundveehouderij
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Activiteiten van paardensportclubs
Fokken en houden van andere runderen en buffels
Ondersteunende activiteiten in verband met de veeteelt
Groothandel in levende dieren, muv levend vee
Fokken en houden van paarden en andere paardachtigen
+3