Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L.T. EQUESTRIAN from Brakel, company number BE0638789639, closed financial year 2025 with a result of € 16,969 after tax. For that financial year L.T. EQUESTRIAN recorded a gross margin of € 47,369 and equity of € 424,529. Compared with financial year 2024, the result moved from € 8,783 to € 16,969. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 424,529
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,969
▲ 93% vs 2024
Profit after tax over the fiscal year.
€ 4,193
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -6,671.
People and assets in 2025
€ 17,589
▲ 101% vs 2024
Of which on lease € 3,830.
Debts at end 2025
€ 221,222
▼ 9% vs 2024
€ 21,427 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 20,591
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,707
▼ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,090 | € 54,241 | € 41,650 | € 47,369 | ▲ 14% |
| Profit after taxes | € -6,835 | € 21,729 | € 8,783 | € 16,969 | ▲ 93% |
| Equity | € 377,048 | € 398,777 | € 407,560 | € 424,529 | ▲ 4% |
| Total debts | € 324,531 | € 282,471 | € 274,093 | € 249,188 | ▼ 9% |
| Cash | € 5,126 | € 1,462 | € 4,125 | € 4,193 | ▲ 2% |
| Land & buildings | € 431,057 | € 431,057 | € 431,057 | € 431,057 | |
| Retained profit | € -54,152 | € -32,423 | € -23,640 | € -6,671 | ▲ € 16,969 |
| Bank debt | € 272,050 | € 265,037 | € 243,411 | € 221,222 | ▼ 9% |
| Balance sheet total | € 701,579 | € 681,248 | € 681,653 | € 673,717 | ▼ 1% |
Key figures of L.T. EQUESTRIAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to L.T. EQUESTRIAN?
What happened at L.T. EQUESTRIAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,969 (▲ 93% vs 2024). Source: NBB ↗
- New establishment in Brakel. KBO
- Start of the company according to the CBE. KBO
- Franziska Thiede became a director. NBB
- Kevin Laevens became a director. NBB
In short
From € 6,835 loss in 2022 to € 16,969 profit in 2025.
Best year ever: 2023, with € 21,729 profit.
Management
Behind L.T. EQUESTRIAN are Franziska Thiede and Kevin Laevens.
Directors
According to the 2025 annual accounts
Franziska Thiede
Director
since 2015
Kevin Laevens
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Dries 12
9660 Brakel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0638.789.639
- VAT number
- BE 0638.789.639
- Registered office
- Dries 12, 9660 Brakel
- Names & denominations
- L.T. EQUESTRIAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2015
- Peppol
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