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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HALL HORSES FARM from Halle, company number BE0448559177, closed financial year 2025 with a result of € -15,738 after tax. For that financial year HALL HORSES FARM recorded a gross margin of € 109,913 and equity of € 54,996. Compared with financial year 2024, the result moved from € 5,724 to € -15,738. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 24, 2026.
€ 54,996
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,738
▼ still € 5,724 profit in 2024
Profit after tax over the fiscal year.
€ 8,629
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45,004.
People and assets in 2025
€ 50,748
▲ 29% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 22,233
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 680,000
▼ 8% vs 2024
€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 13,549
▲ 110% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,550
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,479 | € 93,972 | € 105,024 | € 109,913 | ▲ 5% |
| Profit after taxes | € -2,999 | € 2,071 | € 5,724 | € -15,738 | ▼ € 21,462 |
| Equity | € 62,939 | € 65,011 | € 70,734 | € 54,996 | ▼ 22% |
| Total debts | € 1,002,329 | € 972,988 | € 1,022,701 | € 1,009,817 | ▼ 1% |
| Cash | € 4,099 | € 9,562 | € 36,104 | € 8,629 | ▼ 76% |
| Land & buildings | € 948,974 | € 922,869 | € 965,149 | € 971,819 | ▲ 1% |
| Retained profit | € -37,061 | € -34,989 | € -29,266 | € -45,004 | ▼ € 15,738 |
| Bank debt | € 779,000 | € 764,000 | € 740,000 | € 680,000 | ▼ 8% |
| Balance sheet total | € 1,065,268 | € 1,037,999 | € 1,093,435 | € 1,064,813 | ▼ 3% |
| Employees (FTE) | 1.2 | 1.2 | - | - |
Key figures of HALL HORSES FARM, 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 HALL HORSES FARM?
What happened at HALL HORSES FARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,738 (▼ € 21,462 vs 2024). Source: NBB ↗
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,999 loss in 2022 to € 15,738 loss in 2025.
Best year ever: 2024, with € 5,724 profit.
On average € 78,300 of value added per employee in 2023.
Establishments
Establishment units
Physical locations of this company
Nijvelsesteenweg 861
1500 Halle
Nijvelsesteenweg 864
1500 Halle
Active since 18 November 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
- 0448.559.177
- VAT number
- BE 0448.559.177
- Registered office
- Nijvelsesteenweg 861, 1500 Halle
- Names & denominations
- HALL HORSES FARM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1992
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
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