Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
White & Moore Stables from Zedelgem, company number BE0444937416, closed financial year 2025 with a result of € -2,670 after tax. For that financial year White & Moore Stables recorded a gross margin of € 314,916 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -103,808 to € -2,670. 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 22, 2026.
€ 2.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,670
▲ 97 % less loss than in 2024
Profit after tax over the fiscal year.
€ 247,853
▲ € 225,682 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 113,963
▼ 12% vs 2024
€ 38,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,604
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,757
▼ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,503 | € 20,490 | € 262,033 | € 314,916 | ▲ 20% |
| Profit after taxes | € -246,279 | € -187,646 | € -103,808 | € -2,670 | ▲ € 101,138 |
| Equity | € 2,959,776 | € 2,772,130 | € 2,668,321 | € 2,665,651 | |
| Total debts | € 545,911 | € 759,029 | € 840,771 | € 841,284 | |
| Cash | € 2,831 | € 2,602 | € 22,171 | € 247,853 | ▲ € 225,682 |
| Land & buildings | € 3,231,128 | € 3,244,440 | € 3,131,714 | € 3,019,074 | ▼ 4% |
| Retained profit | € -985,523 | € -1,173,169 | € -1,276,978 | € -1,279,648 | |
| Balance sheet total | € 3,505,687 | € 3,531,159 | € 3,509,092 | € 3,506,935 | |
| Employees (FTE) | 3.8 | 3.3 | 3.2 | 3 | ▼ 0.2 |
Key figures of White & Moore Stables, 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 White & Moore Stables?
What happened at White & Moore Stables in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,670. Source: NBB ↗
- Marie-Julie-Pascale Cracco became a director. NBB
- New establishment in Oostkamp. KBO
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 246,279 loss in 2022 to € 2,670 loss in 2025.
Paid € 688 in corporate taxes since 2022.
On average € 105,000 of value added per employee in 2025.
Management
Behind White & Moore Stables is Marie-Julie-Pascale Cracco. The shares are held by CFM (100%).
Directors
According to the 2025 annual accounts
Marie-Julie-Pascale Cracco
Director
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 432
8210 Zedelgem
Lodistraat 71
8020 Oostkamp
Active since 1 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.937.416
- VAT number
- BE 0444.937.416
- Registered office
- Torhoutsesteenweg 432, 8210 Zedelgem
- Names & denominations
- White & Moore Stables · Belgian Quality Horses
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1991
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Onderhoud en reparatie van auto's
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van overige sportclubs
Activiteiten van paardensportclubs
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Overige sportactiviteiten, neg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
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