Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WOODEN HORSES from Oreye, company number BE0769438939, closed financial year 2025 with a result of € -19,490 after tax. For that financial year WOODEN HORSES recorded a gross margin of € 13,471 and equity of € 6,820. Compared with financial year 2024, the result moved from € 1,562 to € -19,490. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 20, 2026.
€ 6,820
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,490
▼ still € 1,562 profit in 2024
Profit after tax over the fiscal year.
€ 11,496
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,180.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,327
▲ 50% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 21,154
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 86,050
▼ 18% vs 2024
€ 19,939 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 17,495
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,785
▲ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 132,568 | - | - | - | |
| Gross margin | € 47,605 | € 21,223 | € 31,610 | € 13,471 | ▼ 57% |
| Profit after taxes | € 19,581 | € -2,833 | € 1,562 | € -19,490 | ▼ € 21,052 |
| Equity | € 27,581 | € 24,749 | € 26,310 | € 6,820 | ▼ 74% |
| Total debts | € 35,337 | € 132,882 | € 148,068 | € 137,890 | ▼ 7% |
| Cash | € 15,247 | € 1,029 | € 13,247 | € 11,496 | ▼ 13% |
| Land & buildings | - | € 50,318 | € 47,691 | € 45,064 | ▼ 6% |
| Retained profit | € 19,581 | € 16,749 | € 18,310 | € -1,180 | ▼ € 19,490 |
| Bank debt | € 0 | € 106,271 | € 104,455 | € 86,050 | ▼ 18% |
| Balance sheet total | € 62,918 | € 157,631 | € 174,378 | € 144,710 | ▼ 17% |
Key figures of WOODEN 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 30 January 2027.
What happened to WOODEN HORSES?
What happened at WOODEN 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 € 19,490 (▼ € 21,052 vs 2024). Source: NBB ↗
- New establishment in Oreye. KBO
- Hervé ALBERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,581 profit in 2022 to € 19,490 loss in 2025.
Paid € 5,195 in corporate taxes since 2022.
Best year ever: 2022, with € 19,581 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
Hervé ALBERT
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Chemin de la Bruyère 4
4360 Oreye
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.438.939
- VAT number
- BE 0769.438.939
- Registered office
- Chemin de la Bruyère 4, 4360 Oreye
- Names & denominations
- WOODEN HORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2021
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Schrijnwerk
Overige werkzaamheden in verband met de afwerking van gebouwen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van paardensportclubs
Teelt van andere boomvruchten, kleinfruit en noten
Detailhandel in groenten en fruit