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 2 of the last 4 fiscal years.
Financials
Financial year 2025
EUROPEAN SPORTHORSES G.K. from Leopoldsburg, company number BE0477258707, closed financial year 2025 with a result of € -116,175 after tax. For that financial year EUROPEAN SPORTHORSES G.K. recorded a gross margin of € 2,172 and equity of € -100,842. Compared with financial year 2024, the result moved from € 28,987 to € -116,175. The company made a loss. 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 25, 2026.
€ -100,842
▼ € 116,175 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -116,175
▼ still € 28,987 profit in 2024
Profit after tax over the fiscal year.
€ 91,927
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -119,442.
People and assets in 2025
€ 14,601
▲ 58% 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.
€ 59,230
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 495,296
▼ 12% vs 2024
€ 66,810 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 24,414
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,195
▼ 78% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,503 | € 120,825 | € 121,003 | € 2,172 | ▼ 98% |
| Profit after taxes | € 6,898 | € 37,803 | € 28,987 | € -116,175 | ▼ € 145,163 |
| Equity | € -25,689 | € 12,114 | € 15,333 | € -100,842 | ▼ € 116,175 |
| Total debts | € 614,575 | € 529,149 | € 687,716 | € 535,035 | ▼ 22% |
| Cash | € 73,984 | € 79,829 | € 287,585 | € 91,927 | ▼ 68% |
| Land & buildings | € 300,421 | € 255,258 | € 216,261 | € 200,059 | ▼ 7% |
| Retained profit | € -44,289 | € -6,486 | € -3,267 | € -119,442 | ▼ € 116,175 |
| Dividend | € 0 | € 0 | € 25,768 | € 0 | ▼ 100% |
| Bank debt | € 555,616 | € 501,297 | € 565,232 | € 495,296 | ▼ 12% |
| Balance sheet total | € 588,886 | € 541,262 | € 703,049 | € 434,192 | ▼ 38% |
Key figures of EUROPEAN SPORTHORSES G.K., 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 SPORTHORSES G.K.?
What happened at EUROPEAN SPORTHORSES G.K. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 116,175 (▼ € 145,163 vs 2024). filed late Source: NBB ↗
- Kevin Gielen became a director. NBB
- New establishment in Bree. KBO
- New establishment in Leopoldsburg. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,898 profit in 2022 to € 116,175 loss in 2025.
Paid € 673 in corporate taxes since 2022.
Best year ever: 2023, with € 37,803 profit.
Paid out € 25,768 in dividends to the owners in total.
A new publication or filing at EUROPEAN SPORTHORSES G.K.? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EUROPEAN SPORTHORSES G.K. is Kevin Gielen. Kevin Gielen is also behind CHARES and Horse Auction Belgium 2.0.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Olmenweg 60
3970 Leopoldsburg
Berkenbroekstraat 4A
3960 Bree
Active since 1 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.258.707
- VAT number
- BE 0477.258.707
- Registered office
- Olmenweg 60, 3970 Leopoldsburg
- Names & denominations
- EUROPEAN SPORTHORSES G.K.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2002
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Exploitatie van sportaccommodaties
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