Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
HORSEWORLD from Essen, company number BE0477012742, closed financial year 2024 with a result of € 659 after tax. For that financial year HORSEWORLD recorded a gross margin of € 49,189 and equity of € -278,435. Compared with financial year 2023, the result moved from € -3,004 to € 659. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ -278,435
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 659
▲ still € 3,004 loss in 2023
Profit after tax over the fiscal year.
€ 3,660
▲ 203% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -297,035.
People and assets in 2024
€ 17,242
▼ 39% vs 2023
Of which on lease € 590.
Debts at end 2024
€ 316,421
▼ 10% vs 2023
€ 41,951 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 10,703
▲ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 6,838
▲ 1% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 53,920 | € 18,389 | € 48,374 | € 49,189 | ▲ 2% |
| Profit after taxes | € 8,476 | € -27,528 | € -3,004 | € 659 | ▲ € 3,663 |
| Equity | € -248,562 | € -276,090 | € -279,094 | € -278,435 | |
| Total debts | € 385,072 | € 395,476 | € 366,197 | € 334,060 | ▼ 9% |
| Cash | € 19,444 | € 2,689 | € 1,208 | € 3,660 | ▲ 203% |
| Land & buildings | € 99,278 | € 74,638 | € 51,055 | € 26,432 | ▼ 48% |
| Retained profit | € -267,162 | € -294,690 | € -297,694 | € -297,035 | |
| Bank debt | € 374,329 | € 381,832 | € 351,138 | € 316,421 | ▼ 10% |
| Balance sheet total | € 136,510 | € 119,386 | € 87,103 | € 55,625 | ▼ 36% |
Key figures of HORSEWORLD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HORSEWORLD?
What happened at HORSEWORLD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 659. filed late Source: NBB ↗
- New establishment in Essen. KBO
- Start of the company according to the CBE. KBO
- Katrien Van Inderdael became a director. NBB
- Peter Block became a director. NBB
In short
From € 8,476 profit in 2021 to € 659 profit in 2024.
Best year ever: 2021, with € 8,476 profit.
Management
Behind HORSEWORLD are Katrien Van Inderdael and Peter Block.
Directors
According to the 2024 annual accounts
Katrien Van Inderdael
Director
since 2002
Peter Block
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Duiventorenstraat 10
2910 Essen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.012.742
- VAT number
- BE 0477.012.742
- Registered office
- Duiventorenstraat 10, 2910 Essen
- Names & denominations
- HORSEWORLD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2002
- Peppol
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