Financials
Financial year 2025
The Horse Way from Grez-Doiceau, company number BE0656758195, closed financial year 2025 with a result of € 119 after tax. For that financial year The Horse Way recorded a gross margin of € 18,453 and equity of € 61,864. Compared with financial year 2024, the result moved from € 14,576 to € 119. The company is profitable. 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 August 14, 2026.
€ 61,864
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 5,057
▼ 95% 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 € 43,264.
People and assets in 2025
€ 41,367
▲ 30% 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.
€ 37,506
▲ 266% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,730
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,220 | € 86,733 | € 43,183 | € 18,453 | ▼ 57% |
| Profit after taxes | € 32,047 | € 50,878 | € 14,576 | € 119 | ▼ 99% |
| Equity | € 31,868 | € 61,745 | € 61,745 | € 61,864 | |
| Total debts | € 61,792 | € 74,816 | € 106,618 | € 67,258 | ▼ 37% |
| Cash | € 27,661 | € 65,206 | € 106,511 | € 5,057 | ▼ 95% |
| Retained profit | € 13,268 | € 43,145 | € 43,145 | € 43,264 | |
| Dividend | € 20,000 | € 21,000 | € 14,576 | € 0 | ▼ 100% |
| Bank debt | € 22,596 | € 35,871 | € 12,494 | € 0 | ▼ 100% |
| Balance sheet total | € 93,659 | € 136,562 | € 168,364 | € 129,122 | ▼ 23% |
Key figures of The Horse Way, 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 The Horse Way?
What happened at The Horse Way in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 119 (▼ 99% vs 2024). filed late Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,047 profit in 2022 to € 119 profit in 2025.
Paid € 40,348 in corporate taxes since 2022.
Best year ever: 2023, with € 50,878 profit.
Paid out € 55,576 in dividends to the owners in total.
A new publication or filing at The Horse Way? 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 The Horse Way are NATHALIE CORNELIS and XAVIER ROSMAN. XAVIER ROSMAN is also behind MOSA FREIN.
Directors
According to the 2025 annual accounts
NATHALIE CORNELIS
Director
Establishments
Establishment units
Physical locations of this company
Rue Arthur Snaps 75
1390 Grez-Doiceau
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0656.758.195
- VAT number
- BE 0656.758.195
- Registered office
- Rue Arthur Snaps 75, 1390 Grez-Doiceau
- Names & denominations
- The Horse Way
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 2016
- Peppol
- Active · Active since 31 Oct 2023
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