What does ARKAY SPORTHORSES do?

ARKAY SPORTHORSES is a farm in Destelbergen. Private Limited, started on 16 August 2017, 1 establishment.

What is the address of ARKAY SPORTHORSES?

The registered office of ARKAY SPORTHORSES is located at Dendermondesteenweg 911, 9070 Destelbergen.

Is ARKAY SPORTHORSES still active?

Yes. According to the CBE (2 November 2026) ARKAY SPORTHORSES is active, legal situation “Normale toestand”, started on 16 August 2017.

Is ARKAY SPORTHORSES registered on Peppol?

Yes, ARKAY SPORTHORSES is registered on the Peppol network with ID 0208:0679815194.

What is the enterprise number of ARKAY SPORTHORSES?

The enterprise number of ARKAY SPORTHORSES is BE0679815194.

When was ARKAY SPORTHORSES founded?

ARKAY SPORTHORSES was founded on 16 August 2017.

Who are the directors of ARKAY SPORTHORSES?

According to the 2025 annual accounts, the directors of ARKAY SPORTHORSES are: Christopher Sherman Jr, Kari Borms.

Is ARKAY SPORTHORSES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 August 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ARKAY SPORTHORSES make in 2025?

ARKAY SPORTHORSES posted a profit after taxes of € 28,360 in financial year 2025.

What is the revenue of ARKAY SPORTHORSES?

As a small company, ARKAY SPORTHORSES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 143,701.

How much does an employee at ARKAY SPORTHORSES earn?

The average wage cost per full-time employee at ARKAY SPORTHORSES was € 34,000 in 2025: staff costs of € 37,443 for 1.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ARKAY SPORTHORSES have?

According to the 2025 annual accounts, ARKAY SPORTHORSES has 1.1 full-time equivalents (FTE).

ARKAY SPORTHORSES (Private Limited) - Destelbergen

Dossier ARKAY SPORTHORSES, printed on 2 November 2026 from databakkes.be/en/0679815194/arkay-sporthorses. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.
Tight liquidity NBB

Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ARKAY SPORTHORSES from Destelbergen, company number BE0679815194, closed financial year 2025 with a result of € 28,360 after tax. For that financial year ARKAY SPORTHORSES recorded a gross margin of € 143,701 and equity of € -28,110. Compared with financial year 2024, the result moved from € 62,758 to € 28,360. The company is profitable. 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 October 1, 2026.

What it is worth Caution

€ -28,110

▲ € 28,360 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 28,360

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 339

▼ € 80,622 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -46,710.

People and assets in 2025

Full-time equivalents

1.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 37,443

▼ 8% vs 2024

€ 34,000 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.

Vehicles and equipment

€ 9,140

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 328,283

▼ 4% vs 2024

€ 20,250 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 50,694

▼ 88% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 24,546

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 31,560 Gross margin 2022: € 31,560 First fiscal year in the series	€ 106,527 Gross margin 2023: € 106,527 ▲ 238% vs 2022 (€ 31,560) Favourable step	€ 252,852 Gross margin 2024: € 252,852 ▲ 137% vs 2023 (€ 106,527) Favourable step	€ 143,701 Gross margin 2025: € 143,701 ▼ 43% vs 2024 (€ 252,852) Unfavourable step	▼ 43%
Profit after taxes	€ -43,586 Profit after taxes 2022: € -43,586 First fiscal year in the series	€ 7,799 Profit after taxes 2023: € 7,799 ▲ € 51,385 vs 2022 (€ -43,586) Favourable step	€ 62,758 Profit after taxes 2024: € 62,758 ▲ € 54,960 vs 2023 (€ 7,799) Favourable step	€ 28,360 Profit after taxes 2025: € 28,360 ▼ 55% vs 2024 (€ 62,758) Unfavourable step	▼ 55%
Equity	€ -127,026 Equity 2022: € -127,026 First fiscal year in the series	€ -119,228 Equity 2023: € -119,228 ▲ € 7,799 vs 2022 (€ -127,026) Favourable step	€ -56,469 Equity 2024: € -56,469 ▲ € 62,758 vs 2023 (€ -119,228) Favourable step	€ -28,110 Equity 2025: € -28,110 ▲ € 28,360 vs 2024 (€ -56,469) Favourable step	▲ € 28,360
Total debts	€ 959,220 Total debts 2022: € 959,220 First fiscal year in the series	€ 795,311 Total debts 2023: € 795,311 ▼ 17% vs 2022 (€ 959,220) Favourable step	€ 987,504 Total debts 2024: € 987,504 ▲ 24% vs 2023 (€ 795,311) Unfavourable step	€ 491,542 Total debts 2025: € 491,542 ▼ 50% vs 2024 (€ 987,504) Favourable step	▼ 50%
Cash	€ 47,425 Cash 2022: € 47,425 First fiscal year in the series	€ 42,821 Cash 2023: € 42,821 ▼ 10% vs 2022 (€ 47,425) Unfavourable step	€ 80,961 Cash 2024: € 80,961 ▲ 89% vs 2023 (€ 42,821) Favourable step	€ 339 Cash 2025: € 339 ▼ € 80,622 vs 2024 (€ 80,961) Unfavourable step	▼ € 80,622
Land & buildings	€ 221,205 Land & buildings 2022: € 221,205 First fiscal year in the series	€ 198,123 Land & buildings 2023: € 198,123 ▼ 10% vs 2022 (€ 221,205) Unchanged	€ 175,040 Land & buildings 2024: € 175,040 ▼ 12% vs 2023 (€ 198,123) Unchanged	€ 151,958 Land & buildings 2025: € 151,958 ▼ 13% vs 2024 (€ 175,040) Unchanged	▼ 13%
Retained profit	€ -145,626 Retained profit 2022: € -145,626 First fiscal year in the series	€ -137,828 Retained profit 2023: € -137,828 ▲ € 7,799 vs 2022 (€ -145,626) Favourable step	€ -75,069 Retained profit 2024: € -75,069 ▲ € 62,758 vs 2023 (€ -137,828) Favourable step	€ -46,710 Retained profit 2025: € -46,710 ▲ € 28,360 vs 2024 (€ -75,069) Favourable step	▲ € 28,360
Bank debt	€ 401,416 Bank debt 2022: € 401,416 First fiscal year in the series	€ 371,116 Bank debt 2023: € 371,116 ▼ 8% vs 2022 (€ 401,416) Favourable step	€ 340,816 Bank debt 2024: € 340,816 ▼ 8% vs 2023 (€ 371,116) Favourable step	€ 328,283 Bank debt 2025: € 328,283 ▼ 4% vs 2024 (€ 340,816) Favourable step	▼ 4%
Balance sheet total	€ 832,194 Balance sheet total 2022: € 832,194 First fiscal year in the series	€ 676,084 Balance sheet total 2023: € 676,084 ▼ 19% vs 2022 (€ 832,194) Unchanged	€ 931,035 Balance sheet total 2024: € 931,035 ▲ 38% vs 2023 (€ 676,084) Unchanged	€ 463,432 Balance sheet total 2025: € 463,432 ▼ 50% vs 2024 (€ 931,035) Unchanged	▼ 50%
Employees (FTE)	-	-	1.1 Employees (FTE) 2024: 1.1 First fiscal year in the series	1.1 Employees (FTE) 2025: 1.1 Unchanged (1.1) Unchanged

Key figures of ARKAY SPORTHORSES, 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 ARKAY SPORTHORSES?

What happened at ARKAY SPORTHORSES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 1, 2026 New annual accounts for financial year 2025: profit of € 28,360 (▼ 55% vs 2024). filed late Source: NBB ↗
2023 Christopher Sherman Jr became a director. NBB
2023 Kari Borms became a director. NBB
Aug 16, 2017 New establishment in Destelbergen. KBO
Aug 16, 2017 Start of the company according to the CBE. KBO

In short

From € 43,586 loss in 2022 to € 28,360 profit in 2025.

Paid € 2,376 in corporate taxes since 2022.

Best year ever: 2024, with € 62,758 profit.

On average € 130,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Christopher Sherman Jr Kari Borms

ARKAY SPORTHORSES

Behind ARKAY SPORTHORSES are Christopher Sherman Jr and Kari Borms.

Directors

According to the 2025 annual accounts

Christopher Sherman Jr

Director

since 2023

Kari Borms

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

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

View on CBE Public ↗ Annual accounts (NBB) ↗

ARKAY SPORTHORSES

Warning lights

Financials

What happened to ARKAY SPORTHORSES?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions