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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOHN HORSES COMPANY from Verviers, company number BE0859567973, closed financial year 2025 with a result of € 125,988 after tax. For that financial year JOHN HORSES COMPANY recorded a gross margin of € 198,080 and equity of € 849,793. Compared with financial year 2024, the result moved from € 3,472 to € 125,988. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 849,793
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,988
▲ € 122,516 vs 2024
Profit after tax over the fiscal year.
€ 13,498
▲ 28% 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 € -226,161.
People and assets in 2025
€ 70,288
▲ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 191,000
▲ 27% vs 2024
€ 9,172 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 765
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 877
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -100,807 | € 5,522 | € 91,350 | € 198,080 | ▲ 117% |
| Profit after taxes | € -196,815 | € -108,880 | € 3,472 | € 125,988 | ▲ € 122,516 |
| Equity | € 829,214 | € 720,334 | € 723,806 | € 849,793 | ▲ 17% |
| Total debts | € 730,329 | € 898,560 | € 794,356 | € 504,278 | ▼ 37% |
| Cash | - | € 3,907 | € 10,585 | € 13,498 | ▲ 28% |
| Land & buildings | € 1,316,798 | € 1,246,192 | € 1,188,474 | € 1,144,187 | ▼ 4% |
| Retained profit | € -322,740 | € -393,620 | € -352,148 | € -226,161 | ▲ € 125,987 |
| Bank debt | € 447,075 | € 187,241 | € 150,000 | € 191,000 | ▲ 27% |
| Balance sheet total | € 1,559,542 | € 1,618,894 | € 1,518,162 | € 1,354,071 | ▼ 11% |
Key figures of JOHN HORSES COMPANY, 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 April 2027.
What happened to JOHN HORSES COMPANY?
What happened at JOHN HORSES COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 125,988 (▲ € 122,516 vs 2024). filed late Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 196,815 loss in 2022 to € 125,988 profit in 2025.
Paid € 891 in corporate taxes since 2022.
Best year ever: 2025, with € 125,988 profit.
Management
Behind JOHN HORSES COMPANY are LEON DOURCY, JONATHAN DOURCY and MARINA WILKIN. JONATHAN DOURCY is also behind INEQUUS.
Directors
According to the 2025 annual accounts
LEON DOURCY
Director
MARINA WILKIN
Director
Establishments
Establishment units
Physical locations of this company
Rue Tribomont 2
4800 Verviers
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0859.567.973
- VAT number
- BE 0859.567.973
- Registered office
- Rue Tribomont 2, 4800 Verviers
- Names & denominations
- JOHN HORSES COMPANY · SA JHC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2003
- Peppol
- Active · Active since 31 Mar 2026
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