Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRST STEP HORSES from Braine-l'Alleud, company number BE0875961765, closed financial year 2025 with a result of € -5,523 after tax. For that financial year FIRST STEP HORSES recorded a gross margin of € 211,244 and equity of € 518,738. Compared with financial year 2024, the result moved from € -65,975 to € -5,523. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 21, 2026.
€ 518,738
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,523
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 218,891
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 202,688.
People and assets in 2025
€ 89,723
▲ 31% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 115,651
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 201,696
▼ 11% vs 2024
€ 24,500 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 52,582
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,172
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,272 | € 628,981 | € 124,902 | € 211,244 | ▲ 69% |
| Profit after taxes | € -152,053 | € 372,212 | € -65,975 | € -5,523 | ▲ € 60,452 |
| Equity | € 218,024 | € 590,236 | € 524,261 | € 518,738 | ▼ 1% |
| Total debts | € 895,626 | € 715,069 | € 627,396 | € 592,913 | ▼ 5% |
| Cash | € 15,987 | € 274,571 | € 229,098 | € 218,891 | ▼ 4% |
| Land & buildings | € 435,121 | € 427,703 | € 402,227 | € 443,839 | ▲ 10% |
| Retained profit | € -98,026 | € 274,186 | € 208,211 | € 202,688 | ▼ 3% |
| Bank debt | € 402,783 | € 251,051 | € 225,363 | € 201,696 | ▼ 11% |
| Balance sheet total | € 1,113,650 | € 1,305,304 | € 1,151,657 | € 1,111,651 | ▼ 3% |
Key figures of FIRST STEP 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 FIRST STEP HORSES?
What happened at FIRST STEP 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 € 5,523. Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 152,053 loss in 2022 to € 5,523 loss in 2025.
Paid € 53,658 in corporate taxes since 2022.
Best year ever: 2023, with € 372,212 profit.
A new publication or filing at FIRST STEP HORSES? 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 FIRST STEP HORSES is Larissa PAULUIS.
Directors
According to the 2025 annual accounts
Larissa PAULUIS
Director
Establishments
Establishment units
Physical locations of this company
Rue d'Odeghien 92
1420 Braine-l'Alleud
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
Online SAS, FR
Website info
Features
Security
Details
- Company number
- 0875.961.765
- VAT number
- BE 0875.961.765
- Registered office
- Rue d'Odeghien 92, 1420 Braine-l'Alleud
- Names & denominations
- FIRST STEP HORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2005
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- larissapauluis.be
- Activities · NACE
Fokken en houden van paarden en andere paardachtigen
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van overige sportclubs
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Overige sportactiviteiten, neg
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