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 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PGA Horses from Olen, company number BE0769324321, closed financial year 2025 with a result of € 16,464 after tax. For that financial year PGA Horses recorded a gross margin of € 18,854 and equity of € -31,772. Compared with financial year 2024, the result moved from € -50,874 to € 16,464. 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 July 24, 2026.
€ -31,772
▲ € 16,464 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,464
▲ still € 50,874 loss in 2024
Profit after tax over the fiscal year.
€ 5,837
▲ € 5,063 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -34,272.
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.
€ 5,545
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 684
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 | € 48,028 | € -11,956 | € -36,005 | € 18,854 | ▲ € 54,859 |
| Profit after taxes | € 28,031 | € -28,122 | € -50,874 | € 16,464 | ▲ € 67,338 |
| Equity | € 30,760 | € 2,638 | € -48,236 | € -31,772 | ▲ € 16,464 |
| Total debts | € 36,362 | € 23,934 | € 53,234 | € 54,793 | ▲ 3% |
| Cash | € 17,157 | € 1,322 | € 774 | € 5,837 | ▲ € 5,063 |
| Retained profit | € 28,260 | € 138 | € -50,736 | € -34,272 | ▲ € 16,464 |
| Balance sheet total | € 67,122 | € 26,572 | € 4,997 | € 23,021 | ▲ € 18,024 |
Key figures of PGA 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 PGA Horses?
What happened at PGA Horses in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,464. Source: NBB ↗
- New establishment in Olen. KBO
- Philip Verbergt became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,031 profit in 2022 to € 16,464 profit in 2025.
Paid € 8,377 in corporate taxes since 2022.
Best year ever: 2022, with € 28,031 profit.
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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
Philip Verbergt
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Pastoor Segersstraat 5 box A
2250 Olen
Pastoor Segersstraat 5A
2250 Olen
Active since 3 June 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.324.321
- VAT number
- BE 0769.324.321
- Registered office
- Pastoor Segersstraat 5 bus A, 2250 Olen
- Names & denominations
- PGA Horses
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2021
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Groothandel in levende dieren, muv levend vee
Africhten van huisdieren
Fokken en houden van paarden en andere paardachtigen
Sport- en recreatieonderwijs
Handelsbemiddeling in de niet-gespecialiseerde groothandel