What does GM HORSES do?

GM HORSES is a commercial agency in Mouscron. Private Limited, started on 5 March 2020, 1 establishment.

What is the address of GM HORSES?

The registered office of GM HORSES is located at Gustave Fachedreef(L) 1, 7700 Mouscron.

Is GM HORSES still active?

Yes. According to the CBE (31 October 2026) GM HORSES is active, legal situation “Normale toestand”, started on 5 March 2020.

Is GM HORSES registered on Peppol?

Yes, GM HORSES is registered on the Peppol network with ID 0208:0744747093.

What is the enterprise number of GM HORSES?

The enterprise number of GM HORSES is BE0744747093.

When was GM HORSES founded?

GM HORSES was founded on 5 March 2020.

Is GM HORSES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 March 2020; 5 annual accounts filed, latest fiscal year 2025.

How much profit did GM HORSES make in 2025?

GM HORSES posted a profit after taxes of € 1,937 in financial year 2025.

What is the revenue of GM HORSES?

As a small company, GM HORSES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 5,995.

GM HORSES (Private Limited) - Mouscron - BE0744747093

Dossier GM HORSES, printed on 1 November 2026 from databakkes.be/en/0744747093/gm-horses. 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 1 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

66 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GM HORSES from Mouscron, company number BE0744747093, closed financial year 2025 with a result of € 1,937 after tax. For that financial year GM HORSES recorded a gross margin of € 5,995 and equity of € -7,000. Compared with financial year 2024, the result moved from € 4,343 to € 1,937. 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 20, 2026.

What it is worth Caution

€ -7,000

▲ € 1,937 vs 2024

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

Profit Healthy

€ 1,937

▼ 55% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 811

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 € -12,000.

Debts at end 2025

Bank debt

€ 1,946

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 14,932

▲ 74% vs 2024

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

Taxes

€ 19,294

▲ 21% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 10,865 Gross margin 2022: € 10,865 First fiscal year in the series	€ -2,386 Gross margin 2023: € -2,386 ▼ € 13,252 vs 2022 (€ 10,865) Unfavourable step	€ 7,276 Gross margin 2024: € 7,276 ▲ € 9,663 vs 2023 (€ -2,386) Favourable step	€ 5,995 Gross margin 2025: € 5,995 ▼ 18% vs 2024 (€ 7,276) Unfavourable step	▼ 18%
Profit after taxes	€ 5,273 Profit after taxes 2022: € 5,273 First fiscal year in the series	€ -4,771 Profit after taxes 2023: € -4,771 ▼ € 10,044 vs 2022 (€ 5,273) Unfavourable step	€ 4,343 Profit after taxes 2024: € 4,343 ▲ € 9,114 vs 2023 (€ -4,771) Favourable step	€ 1,937 Profit after taxes 2025: € 1,937 ▼ 55% vs 2024 (€ 4,343) Unfavourable step	▼ 55%
Equity	€ -8,510 Equity 2022: € -8,510 First fiscal year in the series	€ -13,280 Equity 2023: € -13,280 ▼ € 4,771 vs 2022 (€ -8,510) Unfavourable step	€ -8,937 Equity 2024: € -8,937 ▲ € 4,343 vs 2023 (€ -13,280) Favourable step	€ -7,000 Equity 2025: € -7,000 ▲ € 1,937 vs 2024 (€ -8,937) Favourable step	▲ € 1,937
Total debts	€ 76,707 Total debts 2022: € 76,707 First fiscal year in the series	€ 103,738 Total debts 2023: € 103,738 ▲ 35% vs 2022 (€ 76,707) Unfavourable step	€ 92,559 Total debts 2024: € 92,559 ▼ 11% vs 2023 (€ 103,738) Favourable step	€ 128,638 Total debts 2025: € 128,638 ▲ 39% vs 2024 (€ 92,559) Unfavourable step	▲ 39%
Cash	€ 1,219 Cash 2022: € 1,219 First fiscal year in the series	-	-	€ 811 Cash 2025: € 811 First fiscal year in the series
Retained profit	€ -13,510 Retained profit 2022: € -13,510 First fiscal year in the series	€ -18,280 Retained profit 2023: € -18,280 ▼ € 4,771 vs 2022 (€ -13,510) Unfavourable step	€ -13,937 Retained profit 2024: € -13,937 ▲ € 4,343 vs 2023 (€ -18,280) Favourable step	€ -12,000 Retained profit 2025: € -12,000 ▲ € 1,937 vs 2024 (€ -13,937) Favourable step	▲ € 1,937
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 2,004 Bank debt 2023: € 2,004 Unchanged (€ 0) Unfavourable step	€ 1,795 Bank debt 2024: € 1,795 ▼ 10% vs 2023 (€ 2,004) Favourable step	€ 1,946 Bank debt 2025: € 1,946 ▲ 8% vs 2024 (€ 1,795) Unfavourable step	▲ 8%
Balance sheet total	€ 68,197 Balance sheet total 2022: € 68,197 First fiscal year in the series	€ 90,458 Balance sheet total 2023: € 90,458 ▲ 33% vs 2022 (€ 68,197) Unchanged	€ 83,622 Balance sheet total 2024: € 83,622 ▼ 8% vs 2023 (€ 90,458) Unchanged	€ 121,638 Balance sheet total 2025: € 121,638 ▲ 45% vs 2024 (€ 83,622) Unchanged	▲ 45%

Key figures of GM 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 GM HORSES?

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

Oct 20, 2026 New annual accounts for financial year 2025: profit of € 1,937 (▼ 55% vs 2024). filed late Source: NBB ↗
Mar 5, 2020 New establishment in Tournai. KBO
Mar 5, 2020 Start of the company according to the CBE. KBO

In short

From € 5,273 profit in 2022 to € 1,937 profit in 2025.

Best year ever: 2022, with € 5,273 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Gustave Fachedreef(L) 1

7700 Mouscron

2.299.868.812

Rue Cazeau(TEM) 101

7520 Tournai

Active since 5 March 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 66 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0744.747.093

VAT number

BE 0744.747.093

Registered office

Gustave Fachedreef(L) 1, 7700 Mouscron

Names & denominations

GM HORSES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

5 March 2020

Peppol

Active · Active since 14 Apr 2026

Activities · NACE

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van paardensportclubs

Groothandel in dranken, algemeen assortiment

Detailhandel in wijnen en geestrijke dranken

Detailhandel in dranken, algemeen assortiment

Beroepsopleiding

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗