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 1 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MT Quarter Horses from Meerhout, company number BE0803918776, closed financial year 2025 with a result of € -25,397 after tax. For that financial year MT Quarter Horses recorded a gross margin of € -22,220 and equity of € -22,636. Compared with financial year 2024, the result moved from € 1,427 to € -25,397. The company made a loss. 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 August 31, 2026.
€ -22,636
▼ € 25,397 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,397
▼ still € 1,427 profit in 2024
Profit after tax over the fiscal year.
€ 946
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -25,636.
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.
€ 1,962
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 4,072 | € -22,220 | ▼ € 26,291 |
| Profit after taxes | € 1,427 | € -25,397 | ▼ € 26,824 |
| Equity | € 2,761 | € -22,636 | ▼ € 25,397 |
| Total debts | € 133,147 | € 141,980 | ▲ 7% |
| Cash | € 428 | € 946 | ▲ 121% |
| Retained profit | € -239 | € -25,636 | ▼ € 25,397 |
| Dividend | € 1,666 | € 0 | ▼ 100% |
| Balance sheet total | € 135,908 | € 119,344 | ▼ 12% |
Key figures of MT Quarter Horses, fiscal years 2024 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 MT Quarter Horses?
What happened at MT Quarter 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 € 25,397 (▼ € 26,824 vs 2024). filed late Source: NBB ↗
- New establishment in Meerhout. KBO
- Robin Mertens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,427 profit in 2024 to € 25,397 loss in 2025.
Paid € 250 in corporate taxes since 2024.
Best year ever: 2024, with € 1,427 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind MT Quarter Horses is Robin Mertens.
Directors
According to the 2025 annual accounts
Robin Mertens
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kiezel 131
2450 Meerhout
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
- 0803.918.776
- VAT number
- BE 0803.918.776
- Registered office
- Kiezel 131, 2450 Meerhout
- Names & denominations
- MT Quarter Horses
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2023
- Peppol
- Active · Active since 16 Dec 2025
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