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.
Financials
Financial year 2025
VG Horses from Kapellen, company number BE0749518604, closed financial year 2025 with a result of € -22,836 after tax. For that financial year VG Horses recorded a gross margin of € -21,281 and equity of € 9,493. Compared with financial year 2024, the result moved from € -17,810 to € -22,836. The company made a loss. The buffer shrank hard: equity is 71 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 9,493
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,836
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,780
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6,493.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 406
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,560
▲ € 6,087 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 | € -52,163 | € -7,637 | € -16,091 | € -21,281 | ▼ € 5,191 |
| Profit after taxes | € -53,705 | € -9,358 | € -17,810 | € -22,836 | ▼ € 5,026 |
| Equity | € 59,497 | € 50,139 | € 32,329 | € 9,493 | ▼ 71% |
| Total debts | € 4,198 | € 2,680 | € 3,759 | € 6,966 | ▲ 85% |
| Cash | € 6,128 | € 6,300 | € 13,583 | € 4,780 | ▼ 65% |
| Retained profit | € 56,497 | € 47,139 | € 29,329 | € 6,493 | ▼ 78% |
| Balance sheet total | € 63,695 | € 52,819 | € 36,087 | € 16,459 | ▼ 54% |
Key figures of VG 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 VG Horses?
What happened at VG 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 € 22,836. Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,705 loss in 2022 to € 22,836 loss in 2025.
Paid € 941 in corporate taxes since 2022.
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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
Directors
According to the 2025 annual accounts
Timmy Van Goethem
Director
Establishments
Establishment units
Physical locations of this company
Mastenlaan 11
2950 Kapellen
Frans De Beuckeleerlaan 4
2970 Schilde
Active since 29 June 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0749.518.604
- VAT number
- BE 0749.518.604
- Registered office
- Mastenlaan 11, 2950 Kapellen
- Names & denominations
- VG Horses
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2020
- Peppol
- Active · Active since 8 Jun 2026
- Contact
- [email protected]
- Activities · NACE
Groothandel in levend vee