Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CSL Equestrian Services from Kinrooi, company number BE0784634087, closed financial year 2025 with a result of € 199 after tax. For that financial year CSL Equestrian Services recorded a gross margin of € 15,158 and equity of € 62,303. Compared with financial year 2024, the result moved from € 16,158 to € 199. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 62,303
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 199
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 23,497
▼ 43% 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 € 58,303.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,697
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,344
▲ € 2,195 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 62,661 | € 30,713 | € 15,158 | ▼ 51% |
| Profit after taxes | € 41,945 | € 16,158 | € 199 | ▼ 99% |
| Equity | € 45,945 | € 62,104 | € 62,303 | |
| Total debts | € 314,988 | € 311,951 | € 311,577 | |
| Cash | € 29,809 | € 41,037 | € 23,497 | ▼ 43% |
| Land & buildings | € 240,625 | € 231,184 | € 226,084 | ▼ 2% |
| Retained profit | € 41,945 | € 58,104 | € 58,303 | |
| Balance sheet total | € 360,933 | € 374,055 | € 373,879 |
Key figures of CSL Equestrian Services, fiscal years 2023 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 CSL Equestrian Services?
What happened at CSL Equestrian Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 199 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Kinrooi. KBO
- New establishment in Kinrooi. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,945 profit in 2023 to € 199 profit in 2025.
Paid € 150 in corporate taxes since 2023.
Best year ever: 2023, with € 41,945 profit.
A new publication or filing at CSL Equestrian Services? We notify you, reason included.
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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
Behind CSL Equestrian Services are Michel Spaas and Charlotte Spaas.
Directors
According to the 2025 annual accounts
Michel Spaas
Director
Charlotte Spaas
Director
Establishments
Establishment units
Physical locations of this company
Meierstraat (Kes) 37
3640 Kinrooi
Kempweg (Kes) 21+
3640 Kinrooi
Active since 2 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0784.634.087
- VAT number
- BE 0784.634.087
- Registered office
- Meierstraat (Kes) 37, 3640 Kinrooi
- Names & denominations
- CSL Equestrian Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2022
- Peppol
- Not registered
- Activities · NACE
Exploitatie van sportaccommodaties