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.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INSPIRE HORSES from Wavre, company number BE0717723289, closed financial year 2025 with a result of € -157,222 after tax. For that financial year INSPIRE HORSES recorded a gross margin of € -91,687 and equity of € 367,134. Compared with financial year 2024, the result moved from € -90,364 to € -157,222. 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 September 30, 2026.
€ 367,134
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -157,222
▼ 74 % more loss than in 2024
Profit after tax over the fiscal year.
€ 84,265
▲ € 65,028 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
€ 52,496
▲ 5% 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.
€ 3,554
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 26,772
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,787
▼ 35% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -271,809 | € -203,804 | € -28,003 | € -91,687 | ▼ € 63,684 |
| Profit after taxes | € -345,135 | € -267,560 | € -90,364 | € -157,222 | ▼ € 66,858 |
| Equity | € 882,279 | € 614,720 | € 524,356 | € 367,134 | ▼ 30% |
| Total debts | € 1,558,810 | € 137,470 | € 211,227 | € 281,917 | ▲ 33% |
| Cash | € 208,169 | € 4,307 | € 19,237 | € 84,265 | ▲ € 65,028 |
| Retained profit | € -598,874 | € -866,434 | € -956,797 | € -1,114,019 | ▼ € 157,222 |
| Bank debt | € 4,115 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,441,089 | € 752,189 | € 735,583 | € 649,051 | ▼ 12% |
| Employees (FTE) | 1 | 1 | 1 | - |
Key figures of INSPIRE 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 INSPIRE HORSES?
What happened at INSPIRE 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 € 157,222. filed late Source: NBB ↗
- Marie Lahy became a director. NBB
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Start of the company according to the CBE. KBO
In short
From € 345,135 loss in 2022 to € 157,222 loss in 2025.
Management
Behind INSPIRE HORSES is Marie Lahy. Marie Lahy is also behind WALDORF.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Avenue Edison 8
1300 Wavre
Chemin des Huit Voies 2
1341 Ottignies-Louvain-la-Neuve
Active since 7 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.723.289
- VAT number
- BE 0717.723.289
- Registered office
- Avenue Edison 8, 1300 Wavre
- Names & denominations
- INSPIRE HORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2019
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Groothandel in levend vee
Fokken en houden van paarden en andere paardachtigen
Detailhandel in overige sportartikelen
Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels