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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WR-HORSES from Brugelette, company number BE0879249669, closed financial year 2025 with a result of € -43,468 after tax. For that financial year WR-HORSES recorded a gross margin of € -34,925 and equity of € -515,555. Compared with financial year 2023, the result moved from € -26,012 to € -43,468. 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 April 30, 2026.
€ -515,555
▼ € 102,724 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,468
▼ 67 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,558
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -915,105.
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.
€ 10,350
▼ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,818
▼ 79% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,473 | € -56,437 | € -4,624 | € -34,925 | ▼ € 30,301 |
| Profit after taxes | € -20,953 | € -74,573 | € -26,012 | € -43,468 | ▼ € 17,456 |
| Equity | € -312,246 | € -386,819 | € -412,832 | € -515,555 | ▼ € 102,724 |
| Total debts | € 816,351 | € 771,255 | € 748,331 | € 716,857 | ▼ 4% |
| Cash | € 151,588 | € 14,929 | € 3,425 | € 1,558 | ▼ 54% |
| Retained profit | € -711,796 | € -786,369 | € -812,382 | € -915,105 | ▼ € 102,724 |
| Balance sheet total | € 504,105 | € 384,435 | € 335,500 | € 201,301 | ▼ 40% |
Key figures of WR-HORSES, fiscal years 2021 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 WR-HORSES?
What happened at WR-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 € 43,468. Source: NBB ↗
- New establishment in Brugelette. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,953 loss in 2021 to € 43,468 loss in 2025.
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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
Ronny D'hert
Director
Establishments
Establishment units
Physical locations of this company
Les Wespellières(CC) 13
7940 Brugelette
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.249.669
- VAT number
- BE 0879.249.669
- Registered office
- Les Wespellières(CC) 13, 7940 Brugelette
- Names & denominations
- WR-HORSES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2006
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
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