Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HAEP HORSES from Sankt Vith, company number BE0635513811, closed financial year 2025 with a result of € -43,730 after tax. For that financial year HAEP HORSES recorded a gross margin of € 105,301 and equity of € 309,836. Compared with financial year 2024, the result moved from € -216,771 to € -43,730. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 309,836
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,730
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
€ 96,063
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 289,836.
People and assets in 2025
€ 29,939
▲ 33% 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.
€ 225,566
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,509
▲ 128% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,956
▲ 109% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,534 | € 600,065 | € -80,123 | € 105,301 | ▲ € 185,424 |
| Profit after taxes | € 72,797 | € 370,568 | € -216,771 | € -43,730 | ▲ € 173,040 |
| Equity | € 199,769 | € 570,337 | € 353,567 | € 309,836 | ▼ 12% |
| Total debts | € 346,538 | € 389,724 | € 387,071 | € 403,614 | ▲ 4% |
| Cash | € 153,949 | € 247,550 | € 138,900 | € 96,063 | ▼ 31% |
| Land & buildings | € 25,523 | € 18,187 | € 11,267 | € 31,517 | ▲ 180% |
| Retained profit | € 179,769 | € 550,337 | € 333,567 | € 289,836 | ▼ 13% |
| Balance sheet total | € 548,057 | € 962,561 | € 743,138 | € 715,950 | ▼ 4% |
Key figures of HAEP 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 HAEP HORSES?
What happened at HAEP HORSES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,730. filed late Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
- Pascale Haep became a director. NBB
In short
From € 72,797 profit in 2022 to € 43,730 loss in 2025.
Paid € 124,760 in corporate taxes since 2022.
Best year ever: 2023, with € 370,568 profit.
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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
Directors
According to the 2025 annual accounts
Pascale Haep
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Atzerath 35A
4783 Sankt Vith
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0635.513.811
- VAT number
- BE 0635.513.811
- Registered office
- Atzerath 35A, 4783 Sankt Vith
- Names & denominations
- HAEP HORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 2015
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Groothandel in levend vee
Fokken en houden van paarden en andere paardachtigen
Sport- en recreatieonderwijs
Groothandel in veevoeders