What does EUROPEAN HORSE SERVICES do?

EUROPEAN HORSE SERVICES is a wholesaler in Zuienkerke. Private Limited, started on 24 December 1991, 2 establishments.

What is the address of EUROPEAN HORSE SERVICES?

The registered office of EUROPEAN HORSE SERVICES is located at Oostendse Steenweg 11, 8377 Zuienkerke.

Is EUROPEAN HORSE SERVICES still active?

Yes. According to the CBE (29 October 2026) EUROPEAN HORSE SERVICES is active, legal situation “Normale toestand”, started on 24 December 1991.

Is EUROPEAN HORSE SERVICES registered on Peppol?

Yes, EUROPEAN HORSE SERVICES is registered on the Peppol network with ID 0208:0446190892.

What is the enterprise number of EUROPEAN HORSE SERVICES?

The enterprise number of EUROPEAN HORSE SERVICES is BE0446190892.

When was EUROPEAN HORSE SERVICES founded?

EUROPEAN HORSE SERVICES was founded on 24 December 1991.

Who are the directors of EUROPEAN HORSE SERVICES?

According to the 2025 annual accounts, the directors of EUROPEAN HORSE SERVICES are: Pegasus Holding Bv.

Is EUROPEAN HORSE SERVICES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 December 1991; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did EUROPEAN HORSE SERVICES make in 2025?

EUROPEAN HORSE SERVICES posted a profit after taxes of € 618,483 in financial year 2025.

What is the revenue of EUROPEAN HORSE SERVICES?

As a small company, EUROPEAN HORSE SERVICES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,197,078.

How much does an employee at EUROPEAN HORSE SERVICES earn?

The average wage cost per full-time employee at EUROPEAN HORSE SERVICES was € 72,800 in 2025: staff costs of € 1.8 million for 24.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does EUROPEAN HORSE SERVICES have?

According to the 2025 annual accounts, EUROPEAN HORSE SERVICES has 24.8 full-time equivalents (FTE).

EUROPEAN HORSE SERVICES (Private Limited) - Zuienkerke

Dossier EUROPEAN HORSE SERVICES, printed on 29 October 2026 from databakkes.be/en/0446190892/european-horse-services. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

EUROPEAN HORSE SERVICES from Zuienkerke, company number BE0446190892, closed financial year 2025 with a result of € 618,483 after tax. For that financial year EUROPEAN HORSE SERVICES recorded a gross margin of € 3.2 million and equity of € 747,587. Compared with financial year 2024, the result moved from € 342,962 to € 618,483. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.

What it is worth Growing

€ 747,587

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 618,483

▲ 80% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.9 million

▲ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 600,000 paid out

97 % of the profit went to the shareholders, mostly to Pegasus Holding (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

24.8

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▲ 6% vs 2024

€ 72,800 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.

Vehicles and equipment

€ 414,430

▼ 34% vs 2024

Of which on lease € 220,947.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2 million

▼ 13% vs 2024

€ 250,636 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 2.3 million

▲ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 442,683

▲ 98% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 18,453,292 Revenue 2023: € 18,453,292 First fiscal year in the series	-	-
Gross margin	€ 2,952,424 Gross margin 2022: € 2,952,424 First fiscal year in the series	-	€ 2,796,779 Gross margin 2024: € 2,796,779 First fiscal year in the series	€ 3,197,078 Gross margin 2025: € 3,197,078 ▲ 14% vs 2024 (€ 2,796,779) Favourable step	▲ 14%
Profit after taxes	€ 827,592 Profit after taxes 2022: € 827,592 First fiscal year in the series	€ 428,109 Profit after taxes 2023: € 428,109 ▼ 48% vs 2022 (€ 827,592) Unfavourable step	€ 342,962 Profit after taxes 2024: € 342,962 ▼ 20% vs 2023 (€ 428,109) Unfavourable step	€ 618,483 Profit after taxes 2025: € 618,483 ▲ 80% vs 2024 (€ 342,962) Favourable step	▲ 80%
Equity	€ 753,032 Equity 2022: € 753,032 First fiscal year in the series	€ 731,142 Equity 2023: € 731,142 ▼ 3% vs 2022 (€ 753,032) Unfavourable step	€ 729,104 Equity 2024: € 729,104 Unchanged (€ 731,142) Unfavourable step	€ 747,587 Equity 2025: € 747,587 ▲ 3% vs 2024 (€ 729,104) Favourable step	▲ 3%
Total debts	€ 5,322,406 Total debts 2022: € 5,322,406 First fiscal year in the series	€ 5,199,340 Total debts 2023: € 5,199,340 ▼ 2% vs 2022 (€ 5,322,406) Favourable step	€ 5,010,250 Total debts 2024: € 5,010,250 ▼ 4% vs 2023 (€ 5,199,340) Favourable step	€ 5,361,502 Total debts 2025: € 5,361,502 ▲ 7% vs 2024 (€ 5,010,250) Unfavourable step	▲ 7%
Cash	€ 1,183,330 Cash 2022: € 1,183,330 First fiscal year in the series	€ 1,077,580 Cash 2023: € 1,077,580 ▼ 9% vs 2022 (€ 1,183,330) Unfavourable step	€ 1,063,135 Cash 2024: € 1,063,135 ▼ 1% vs 2023 (€ 1,077,580) Unfavourable step	€ 1,881,853 Cash 2025: € 1,881,853 ▲ 77% vs 2024 (€ 1,063,135) Favourable step	▲ 77%
Land & buildings	€ 2,602,815 Land & buildings 2022: € 2,602,815 First fiscal year in the series	€ 2,377,361 Land & buildings 2023: € 2,377,361 ▼ 9% vs 2022 (€ 2,602,815) Unchanged	€ 2,201,315 Land & buildings 2024: € 2,201,315 ▼ 7% vs 2023 (€ 2,377,361) Unchanged	€ 1,990,597 Land & buildings 2025: € 1,990,597 ▼ 10% vs 2024 (€ 2,201,315) Unchanged	▼ 10%
Retained profit	€ 734,440 Retained profit 2022: € 734,440 First fiscal year in the series	€ 712,550 Retained profit 2023: € 712,550 ▼ 3% vs 2022 (€ 734,440) Unfavourable step	€ 710,512 Retained profit 2024: € 710,512 Unchanged (€ 712,550) Unfavourable step	€ 728,995 Retained profit 2025: € 728,995 ▲ 3% vs 2024 (€ 710,512) Favourable step	▲ 3%
Dividend	€ 1,800,000 Dividend 2022: € 1,800,000 First fiscal year in the series	€ 450,000 Dividend 2023: € 450,000 ▼ 75% vs 2022 (€ 1,800,000) Unchanged	€ 345,000 Dividend 2024: € 345,000 ▼ 23% vs 2023 (€ 450,000) Unchanged	€ 600,000 Dividend 2025: € 600,000 ▲ 74% vs 2024 (€ 345,000) Unchanged	▲ 74%
Bank debt	€ 1,587,960 Bank debt 2022: € 1,587,960 First fiscal year in the series	€ 2,131,894 Bank debt 2023: € 2,131,894 ▲ 34% vs 2022 (€ 1,587,960) Unfavourable step	€ 2,279,368 Bank debt 2024: € 2,279,368 ▲ 7% vs 2023 (€ 2,131,894) Unfavourable step	€ 1,980,328 Bank debt 2025: € 1,980,328 ▼ 13% vs 2024 (€ 2,279,368) Favourable step	▼ 13%
Balance sheet total	€ 6,075,438 Balance sheet total 2022: € 6,075,438 First fiscal year in the series	€ 5,930,482 Balance sheet total 2023: € 5,930,482 ▼ 2% vs 2022 (€ 6,075,438) Unchanged	€ 5,739,354 Balance sheet total 2024: € 5,739,354 ▼ 3% vs 2023 (€ 5,930,482) Unchanged	€ 6,109,088 Balance sheet total 2025: € 6,109,088 ▲ 6% vs 2024 (€ 5,739,354) Unchanged	▲ 6%
Employees (FTE)	22.5 Employees (FTE) 2022: 22.5 First fiscal year in the series	24.5 Employees (FTE) 2023: 24.5 ▲ 2 vs 2022 (22.5) Unchanged	24.5 Employees (FTE) 2024: 24.5 Unchanged (24.5) Unchanged	24.8 Employees (FTE) 2025: 24.8 ▲ 0.3 vs 2024 (24.5) Unchanged	▲ 0.3

Key figures of EUROPEAN HORSE SERVICES, 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 EUROPEAN HORSE SERVICES?

What happened at EUROPEAN HORSE SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 21, 2026 New annual accounts for financial year 2025: profit of € 618,483 (▲ 80% vs 2024). filed late Source: NBB ↗
2023 Pegasus Holding Bv became a director. NBB
Feb 21, 2002 New establishment in Zuienkerke. KBO
Jan 13, 1992 New establishment in Knokke-Heist. KBO
Dec 24, 1991 Start of the company according to the CBE. KBO

In short

From € 827,592 profit in 2022 to € 618,483 profit in 2025.

Paid € 715,895 in corporate taxes since 2022.

Best year ever: 2022, with € 827,592 profit.

On average € 128,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Pegasus Holding 100%

The stake of Pegasus Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

EUROPEAN HORSE SERVICES

EHS France 50%

Behind EUROPEAN HORSE SERVICES is Pegasus Holding Bv. The shares are held by Pegasus Holding (100%). It owns 50% of EHS France itself.

Directors

According to the 2025 annual accounts

Pegasus Holding Bv

Managing director · represented by Lieselot Hamerlinck

Also active at: NUTRIQUINE

since 2023

Shareholders

Pegasus Holding

100%

Participations

EHS France

50%

Establishments

Establishment units

Physical locations of this company

Registered office

Oostendse Steenweg 11

8377 Zuienkerke

2.055.672.401

Boomgaarden 56

8300 Knokke-Heist

Active since 13 January 1992

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0446.190.892

VAT number

BE 0446.190.892

Registered office

Oostendse Steenweg 11, 8377 Zuienkerke

Names & denominations

EUROPEAN HORSE SERVICES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

24 December 1991

Peppol

Active · Active since 28 Nov 2025

Activities · NACE

Groothandel in levend vee

Groothandel in levende dieren

Logistieke diensten

Overige activiteiten i.v.m. de organisatie van het vrachtvervoer

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

EUROPEAN HORSE SERVICES

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Financials

What happened to EUROPEAN HORSE SERVICES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions