What does LINICO HORSES do?

LINICO HORSES is a farm in Zwevegem. Private Limited, started on 6 February 2002, 2 establishments.

What is the address of LINICO HORSES?

The registered office of LINICO HORSES is located at Zwevegemstraat(O) 89, 8553 Zwevegem.

Is LINICO HORSES still active?

Yes. According to the CBE (30 October 2026) LINICO HORSES is active, legal situation “Normale toestand”, started on 6 February 2002.

Is LINICO HORSES registered on Peppol?

Yes, LINICO HORSES is registered on the Peppol network with ID 0208:0476863381.

What is the enterprise number of LINICO HORSES?

The enterprise number of LINICO HORSES is BE0476863381.

When was LINICO HORSES founded?

LINICO HORSES was founded on 6 February 2002.

Who are the directors of LINICO HORSES?

According to the 2025 annual accounts, the directors of LINICO HORSES are: Lieven Devos.

Is LINICO HORSES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 February 2002; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did LINICO HORSES make in 2025?

LINICO HORSES posted a profit after taxes of € 107,062 in financial year 2025.

What is the revenue of LINICO HORSES?

As a small company, LINICO HORSES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 149,898.

How many employees does LINICO HORSES have?

According to the 2025 annual accounts, LINICO HORSES has 0 full-time equivalents (FTE).

LINICO HORSES (Private Limited) - Zwevegem - BE0476863381

Dossier LINICO HORSES, printed on 30 October 2026 from databakkes.be/en/0476863381/linico-horses. 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.

Tight liquidity NBB

Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LINICO HORSES from Zwevegem, company number BE0476863381, closed financial year 2025 with a result of € 107,062 after tax. For that financial year LINICO HORSES recorded a gross margin of € 149,898 and equity of € 107,319. Compared with financial year 2024, the result moved from € -123,056 to € 107,062. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Growing

€ 107,319

▲ € 102,062 vs 2024

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

Profit Growing

€ 107,062

▲ still € 123,056 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 528

▼ 91% vs 2024

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

Where the profit goes Pays out

€ 5,000 paid out

5 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 1,734

▼ 3% 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.

Vehicles and equipment

€ 68,420

▼ 23% 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.

€ 71,667

▼ 59% vs 2024

€ 23,333 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 149,637

▲ 117% vs 2024

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

Taxes

€ 9,659

▲ € 7,769 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	€ 44,765 Gross margin 2022: € 44,765 First fiscal year in the series	€ 39,473 Gross margin 2023: € 39,473 ▼ 12% vs 2022 (€ 44,765) Unfavourable step	€ -101,222 Gross margin 2024: € -101,222 ▼ € 140,695 vs 2023 (€ 39,473) Unfavourable step	€ 149,898 Gross margin 2025: € 149,898 ▲ € 251,120 vs 2024 (€ -101,222) Favourable step	▲ € 251,120
Profit after taxes	€ -222 Profit after taxes 2022: € -222 First fiscal year in the series	€ 325 Profit after taxes 2023: € 325 ▲ € 547 vs 2022 (€ -222) Favourable step	€ -123,056 Profit after taxes 2024: € -123,056 ▼ € 123,381 vs 2023 (€ 325) Unfavourable step	€ 107,062 Profit after taxes 2025: € 107,062 ▲ € 230,118 vs 2024 (€ -123,056) Favourable step	▲ € 230,118
Equity	€ 127,988 Equity 2022: € 127,988 First fiscal year in the series	€ 128,313 Equity 2023: € 128,313 Unchanged (€ 127,988) Favourable step	€ 5,256 Equity 2024: € 5,256 ▼ 96% vs 2023 (€ 128,313) Unfavourable step	€ 107,319 Equity 2025: € 107,319 ▲ € 102,062 vs 2024 (€ 5,256) Favourable step	▲ € 102,062
Total debts	€ 198,988 Total debts 2022: € 198,988 First fiscal year in the series	€ 238,978 Total debts 2023: € 238,978 ▲ 20% vs 2022 (€ 198,988) Unfavourable step	€ 324,681 Total debts 2024: € 324,681 ▲ 36% vs 2023 (€ 238,978) Unfavourable step	€ 264,510 Total debts 2025: € 264,510 ▼ 19% vs 2024 (€ 324,681) Favourable step	▼ 19%
Cash	€ 1,220 Cash 2022: € 1,220 First fiscal year in the series	€ 2,675 Cash 2023: € 2,675 ▲ 119% vs 2022 (€ 1,220) Favourable step	€ 5,634 Cash 2024: € 5,634 ▲ 111% vs 2023 (€ 2,675) Favourable step	€ 528 Cash 2025: € 528 ▼ 91% vs 2024 (€ 5,634) Unfavourable step	▼ 91%
Land & buildings	€ 48,249 Land & buildings 2022: € 48,249 First fiscal year in the series	€ 0 Land & buildings 2023: € 0 ▼ 100% vs 2022 (€ 48,249) Unchanged	-	-
Retained profit	€ 65,988 Retained profit 2022: € 65,988 First fiscal year in the series	€ 66,313 Retained profit 2023: € 66,313 Unchanged (€ 65,988) Favourable step	€ -56,744 Retained profit 2024: € -56,744 ▼ € 123,056 vs 2023 (€ 66,313) Unfavourable step	€ 45,319 Retained profit 2025: € 45,319 ▲ € 102,062 vs 2024 (€ -56,744) Favourable step	▲ € 102,062
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 5,000 Dividend 2025: € 5,000 Unchanged (€ 0) Unchanged
Bank debt	€ 97,748 Bank debt 2022: € 97,748 First fiscal year in the series	€ 84,361 Bank debt 2023: € 84,361 ▼ 14% vs 2022 (€ 97,748) Favourable step	€ 175,330 Bank debt 2024: € 175,330 ▲ 108% vs 2023 (€ 84,361) Unfavourable step	€ 71,667 Bank debt 2025: € 71,667 ▼ 59% vs 2024 (€ 175,330) Favourable step	▼ 59%
Balance sheet total	€ 326,976 Balance sheet total 2022: € 326,976 First fiscal year in the series	€ 367,290 Balance sheet total 2023: € 367,290 ▲ 12% vs 2022 (€ 326,976) Unchanged	€ 329,937 Balance sheet total 2024: € 329,937 ▼ 10% vs 2023 (€ 367,290) Unchanged	€ 371,829 Balance sheet total 2025: € 371,829 ▲ 13% vs 2024 (€ 329,937) Unchanged	▲ 13%
Employees (FTE)	0.2 Employees (FTE) 2022: 0.2 First fiscal year in the series	0 Employees (FTE) 2023: 0 ▼ 0.2 vs 2022 (0.2) Unchanged	0 Employees (FTE) 2024: 0 Unchanged (0) Unchanged	0 Employees (FTE) 2025: 0 Unchanged (0) Unchanged

Key figures of LINICO 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 LINICO HORSES?

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

Aug 26, 2026 New annual accounts for financial year 2025: profit of € 107,062. filed late Source: NBB ↗
Jun 1, 2015 New establishment in Roeselare. KBO
May 13, 2002 New establishment in Zwevegem. KBO
2002 Lieven Devos became a director. NBB
Feb 6, 2002 Start of the company according to the CBE. KBO

In short

From € 222 loss in 2022 to € 107,062 profit in 2025.

Paid € 7,888 in corporate taxes since 2022.

Best year ever: 2025, with € 107,062 profit.

Paid out € 5,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Lieven Devos

LINICO HORSES

Behind LINICO HORSES is Lieven Devos.

Directors

According to the 2025 annual accounts

Lieven Devos

Director

since 2002

Establishments

Establishment units

Physical locations of this company

Registered office

Zwevegemstraat(O) 89

8553 Zwevegem

2.252.570.127

Lichterveldsestraat 17

8800 Roeselare

Active since 1 June 2015

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

Details

Company number

0476.863.381

VAT number

BE 0476.863.381

Registered office

Zwevegemstraat(O) 89, 8553 Zwevegem

Names & denominations

LINICO HORSES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 February 2002

Peppol

Active · Active since 31 Oct 2023

Activities · NACE

Fokken en houden van paarden en andere paardachtigen

Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij

Sport- en recreatieonderwijs

Exploitatie van sportaccommodaties

Zelfstandig werkende sportbeoefenaars, -instructeurs en -begeleiders

Exploitatie van overige sportinstallaties en -accomodaties

View on CBE Public ↗ Annual accounts (NBB) ↗

LINICO HORSES

Warning lights

Financials

What happened to LINICO HORSES?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions