What does KDW HORSES do?

KDW HORSES is a wholesaler in Maldegem. Private Limited, started on 26 November 2001, 1 establishment.

What is the address of KDW HORSES?

The registered office of KDW HORSES is located at Onderdijke 32, 9991 Maldegem.

Is KDW HORSES still active?

Yes. According to the CBE (30 October 2026) KDW HORSES is active, legal situation “Normale toestand”, started on 26 November 2001.

Is KDW HORSES registered on Peppol?

Yes, KDW HORSES is registered on the Peppol network with ID 0208:0476162211.

What is the enterprise number of KDW HORSES?

The enterprise number of KDW HORSES is BE0476162211.

When was KDW HORSES founded?

KDW HORSES was founded on 26 November 2001.

Who are the directors of KDW HORSES?

According to the 2025 annual accounts, the directors of KDW HORSES are: Koen De Waele.

Is KDW HORSES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 November 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KDW HORSES make in 2025?

KDW HORSES posted a profit after taxes of € 39,875 in financial year 2025.

What is the revenue of KDW HORSES?

As a small company, KDW HORSES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 940,170.

Does KDW HORSES have a website?

Yes, KDW HORSES has a website at kdw-horses.com.

KDW HORSES (Private Limited) - Maldegem - BE0476162211

Dossier KDW HORSES, printed on 30 October 2026 from databakkes.be/en/0476162211/kdw-horses. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KDW HORSES from Maldegem, company number BE0476162211, closed financial year 2025 with a result of € 39,875 after tax. For that financial year KDW HORSES recorded a gross margin of € 940,170 and equity of € 14,456. Compared with financial year 2024, the result moved from € 11,447 to € 39,875. 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 May 2, 2026.

What it is worth Growing

€ 14,456

▲ € 39,875 vs 2024

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

Profit Growing

€ 39,875

▲ 248% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 629,224

▲ € 555,265 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4,144.

People and assets in 2025

Wage cost

€ 91

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

€ 73,253

▲ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 41,600

▼ 24% vs 2024

€ 12,800 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 47,691

▼ 9% vs 2024

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

Taxes

€ 26,470

▲ 86% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 87,081 Gross margin 2022: € 87,081 First fiscal year in the series	€ 49,350 Gross margin 2023: € 49,350 ▼ 43% vs 2022 (€ 87,081) Unfavourable step	€ 75,779 Gross margin 2024: € 75,779 ▲ 54% vs 2023 (€ 49,350) Favourable step	€ 940,170 Gross margin 2025: € 940,170 ▲ € 864,391 vs 2024 (€ 75,779) Favourable step	▲ € 864,391
Profit after taxes	€ 32,077 Profit after taxes 2022: € 32,077 First fiscal year in the series	€ 1,654 Profit after taxes 2023: € 1,654 ▼ 95% vs 2022 (€ 32,077) Unfavourable step	€ 11,447 Profit after taxes 2024: € 11,447 ▲ € 9,793 vs 2023 (€ 1,654) Favourable step	€ 39,875 Profit after taxes 2025: € 39,875 ▲ 248% vs 2024 (€ 11,447) Favourable step	▲ 248%
Equity	€ -38,519 Equity 2022: € -38,519 First fiscal year in the series	€ -36,865 Equity 2023: € -36,865 ▲ € 1,654 vs 2022 (€ -38,519) Favourable step	€ -25,418 Equity 2024: € -25,418 ▲ € 11,447 vs 2023 (€ -36,865) Favourable step	€ 14,456 Equity 2025: € 14,456 ▲ € 39,875 vs 2024 (€ -25,418) Favourable step	▲ € 39,875
Total debts	€ 738,070 Total debts 2022: € 738,070 First fiscal year in the series	€ 769,368 Total debts 2023: € 769,368 ▲ 4% vs 2022 (€ 738,070) Unfavourable step	€ 851,334 Total debts 2024: € 851,334 ▲ 11% vs 2023 (€ 769,368) Unfavourable step	€ 831,795 Total debts 2025: € 831,795 ▼ 2% vs 2024 (€ 851,334) Favourable step	▼ 2%
Cash	€ 153,580 Cash 2022: € 153,580 First fiscal year in the series	€ 13,317 Cash 2023: € 13,317 ▼ 91% vs 2022 (€ 153,580) Unfavourable step	€ 73,959 Cash 2024: € 73,959 ▲ € 60,642 vs 2023 (€ 13,317) Favourable step	€ 629,224 Cash 2025: € 629,224 ▲ € 555,265 vs 2024 (€ 73,959) Favourable step	▲ € 555,265
Land & buildings	€ 336,221 Land & buildings 2022: € 336,221 First fiscal year in the series	€ 327,680 Land & buildings 2023: € 327,680 ▼ 3% vs 2022 (€ 336,221) Unchanged	€ 269,140 Land & buildings 2024: € 269,140 ▼ 18% vs 2023 (€ 327,680) Unchanged	€ 260,600 Land & buildings 2025: € 260,600 ▼ 3% vs 2024 (€ 269,140) Unchanged	▼ 3%
Retained profit	€ -57,119 Retained profit 2022: € -57,119 First fiscal year in the series	€ -55,465 Retained profit 2023: € -55,465 ▲ € 1,654 vs 2022 (€ -57,119) Favourable step	€ -44,018 Retained profit 2024: € -44,018 ▲ € 11,447 vs 2023 (€ -55,465) Favourable step	€ -4,144 Retained profit 2025: € -4,144 ▲ € 39,875 vs 2024 (€ -44,018) Favourable step	▲ € 39,875
Bank debt	€ 29,444 Bank debt 2022: € 29,444 First fiscal year in the series	€ 11,778 Bank debt 2023: € 11,778 ▼ 60% vs 2022 (€ 29,444) Favourable step	€ 54,400 Bank debt 2024: € 54,400 ▲ € 42,622 vs 2023 (€ 11,778) Unfavourable step	€ 41,600 Bank debt 2025: € 41,600 ▼ 24% vs 2024 (€ 54,400) Favourable step	▼ 24%
Balance sheet total	€ 699,551 Balance sheet total 2022: € 699,551 First fiscal year in the series	€ 732,503 Balance sheet total 2023: € 732,503 ▲ 5% vs 2022 (€ 699,551) Unchanged	€ 825,916 Balance sheet total 2024: € 825,916 ▲ 13% vs 2023 (€ 732,503) Unchanged	€ 1,462,922 Balance sheet total 2025: € 1,462,922 ▲ 77% vs 2024 (€ 825,916) Unchanged	▲ 77%

Key figures of KDW HORSES, 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 KDW HORSES?

What happened at KDW HORSES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 2, 2026 New annual accounts for financial year 2025: profit of € 39,875 (▲ 248% vs 2024). Source: NBB ↗
Jan 31, 2002 New establishment in Maldegem. KBO
Nov 26, 2001 Start of the company according to the CBE. KBO
2001 Koen De Waele became a director. NBB

In short

From € 32,077 profit in 2022 to € 39,875 profit in 2025.

Paid € 46,871 in corporate taxes since 2022.

Best year ever: 2025, with € 39,875 profit.

Original PDFs at the National Bank ↗

Management

Koen De Waele

KDW HORSES

Behind KDW HORSES is Koen De Waele.

Directors

According to the 2025 annual accounts

Koen De Waele

Director

since 2001

Establishments

Establishment units

Physical locations of this company

Registered office

Onderdijke 32

9991 Maldegem

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

Website

HTTPS kdw-horses.com

Technologies

ApacheBackbone.jsBootstrapFacebook PixelFont AwesomeGoogle AdSenseGoogle FontsLightboxPHPSwiperWPBakeryWPMLWooCommerceWordPressjQueryjQuery UIlazysizes

Certifications & Partners

FSMA

Hosting & Email

Email provider

Self-hosted

Hosting

CLDIN-NL Your Hosting B.V. part of Your.Online, NL

Domain

kdw-horses.com

Registered

2004-03-16

Registrar

Realtime Register B.V.

Expires

2027-03-16

Website info

HTTPS Ja

Languages EN, FR, NL

Features

Webshop Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0476.162.211

VAT number

BE 0476.162.211

Registered office

Onderdijke 32, 9991 Maldegem

Names & denominations

KDW HORSES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 November 2001

Peppol

Active · Active since 29 Dec 2025

Contact

kdw-horses.com [email protected]

Activities · NACE

Groothandel in levende dieren, muv levend vee

Handelsbemiddeling in landbouwproducten, levende dieren, textielgrondstoffen en halffabrikaten

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Groothandel in levende dieren

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

KDW HORSES

Financials

What happened to KDW HORSES?

Management

Directors

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions