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.
Financials
Financial year 2024
ARKAY SPORTHORSES from Destelbergen, company number BE0679815194, closed financial year 2024 with a result of € 62,758 after tax. For that financial year ARKAY SPORTHORSES recorded a gross margin of € 252,852 and equity of € -56,469. Compared with financial year 2023, the result moved from € 7,799 to € 62,758. 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 June 2, 2025.
€ -56,469
▲ € 62,758 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,758
▲ € 54,960 vs 2023
Profit after tax over the fiscal year.
€ 80,961
▲ 89% 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 € -75,069.
People and assets in 2024
1.1
Average over the fiscal year, from the social balance sheet.
€ 40,813
▲ 14% vs 2023
€ 37,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,139
▼ 39% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 340,816
▼ 8% vs 2023
€ 28,400 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 418,272
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,623
▲ 74% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 119,311 | € 31,560 | € 106,527 | € 252,852 | ▲ 137% |
| Profit after taxes | € 55,677 | € -43,586 | € 7,799 | € 62,758 | ▲ € 54,960 |
| Equity | € -83,440 | € -127,026 | € -119,228 | € -56,469 | ▲ € 62,758 |
| Total debts | € 895,983 | € 959,220 | € 795,311 | € 987,504 | ▲ 24% |
| Cash | € 16,861 | € 47,425 | € 42,821 | € 80,961 | ▲ 89% |
| Land & buildings | € 244,288 | € 221,205 | € 198,123 | € 175,040 | ▼ 12% |
| Retained profit | € -102,040 | € -145,626 | € -137,828 | € -75,069 | ▲ € 62,758 |
| Bank debt | € 535,466 | € 401,416 | € 371,116 | € 340,816 | ▼ 8% |
| Balance sheet total | € 812,543 | € 832,194 | € 676,084 | € 931,035 | ▲ 38% |
| Employees (FTE) | 0.8 | - | - | 1.1 |
Key figures of ARKAY SPORTHORSES, 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 ARKAY SPORTHORSES?
What happened at ARKAY SPORTHORSES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 62,758 (▲ € 54,960 vs 2023). Source: NBB ↗
- New establishment in Destelbergen. KBO
- Christopher Sherman became a director. NBB
- Kari Borms became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 55,677 profit in 2021 to € 62,758 profit in 2024.
Paid € 1,774 in corporate taxes since 2021.
Best year ever: 2024, with € 62,758 profit.
On average € 229,900 of value added per employee in 2024.
A new publication or filing at ARKAY SPORTHORSES? 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 ARKAY SPORTHORSES are Christopher Sherman and Kari Borms.
Directors
According to the 2024 annual accounts
Christopher Sherman
Director
since 2017
Kari Borms
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Dendermondesteenweg 911
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0679.815.194
- VAT number
- BE 0679.815.194
- Registered office
- Dendermondesteenweg 911, 9070 Destelbergen
- Names & denominations
- ARKAY SPORTHORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2017
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Exploitatie van sportaccommodaties
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis