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All Racing Solutions

Active
Private limited companyfounded 200719 yrs activeCamp de Corroy 15, 4500 Huy, BelgiumKBO/BCE: BE 0889.981.631

All Racing Solutions has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €40k. Equity is shrinking by ~57.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 29% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
88 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency58▲+58
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 0.42 in 2023; short-term debt: 36.3% and cash: 47.8% of total assets), but 67.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
32.5%
Return on assets
49.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
37 d early
2022
41 d early
2021
6 d early
2020
3 d late
2019
24 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€26k
2023 · €-14k
2018: €31k 2019: €29k 2020: €-4k 2021: €3k 2022: €-6k 2023: €-14k
2018 → 2024
Total assets
€81k▲ 694%
2023 · €10k
2018: €41k 2019: €41k 2020: €20k 2021: €17k 2022: €4k 2023: €10k
2018 → 2024
Net result
€40k
2023 · €-8k
2018: €-3k 2019: €-3k 2020: €-33k 2021: €7k 2022: €-9k 2023: €-8k
2018 → 2024
Working capital
€30k
2023 · €-14k
2018: €15k 2019: €24k 2020: €-8k 2021: €45 2022: €-8k 2023: €-14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-4k-€3k€-6k€-14k▼ 137%€26k
Operating result€-32k-€7k€-8k€-8k▲ 7.1%€48k
Net result€-33k-€7k€-9k€-8k▲ 6.7%€40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2020: €-32k€-32kNet result 2020: €-33k€-33kOperating result 2021: €7k€7kNet result 2021: €7k€7kOperating result 2022: €-8k€-8kNet result 2022: €-9k€-9kOperating result 2023: €-8k€-8kNet result 2023: €-8k€-8kOperating result 2024: €48k€48kNet result 2024: €40k€40k20202021202220232024
The operating result returns to profit in 2024: €48k after a loss of €8k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81k
Fixed assets €22k▲ 35,063%
Current assets €60k▲ 484%
Equity and liabilities €81k
Equity €26k
Debt €55k
Debt finances 67.5% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50k
2023 · €-8k
Cash flow
€42k
2023 · €-8k
Solvency
32.5%
2023 · -135.3%
Current ratio
2.02
2023 · 0.42
Quick ratio
1.76
2023 · 0.42
Debt / equity
2.08
2023 · -1.74
ROE
152.4%
ROA
49.6%
2023 · -78.3%
Interest coverage
51.51
2023 · -45.10
Debt
€55k
2023 · €24k
Debt ≤ 1 year
€30k
2023 · €24k
Debt > 1 year
€25k
Income taxes
€7k
2023 · €188
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€10k€81k
Fixed assets21/28€62€22k
Tangible fixed assets22/27€0€22k
Plant, machinery and equipment23€0-
Furniture and vehicles24€0€22k
Financial fixed assets28€62-
Current assets29/58€10k€60k
Stocks and contracts in progress3-€8k
Stocks30/36-€8k
Amounts receivable within one year40/41€5k€13k
Trade receivables40€5k€13k
Other amounts receivable41€287€10
Cash at bank and in hand54/58€4k€39k
Deferred charges and accrued income490/1€2k€134
Equity and liabilities
Total equity and liabilities10/49€10k€81k
Equity10/15€-14k€26k
Contributions10/11€6k€9k
Reserves13€3k€36k
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Distributable reserves133-€36k
Profit (loss) carried forward14€-23k€-18k
Amounts payable17/49€24k€55k
Amounts payable after more than one year17-€25k
Financial debts170/4-€25k
Amounts payable within one year42/48€24k€30k
Current portion of amounts payable after more than one year42-€6k
Trade debts44€4k€6k
Suppliers440/4€4k€6k
Taxes, remuneration and social security45€188€11k
Taxes450/3€188€11k
Other amounts payable47/48€19k€7k
Income statement Code20232024
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€2k
Other operating charges640/8€1k€964
Non-recurring operating charges66A€2k€0
Gross operating margin9900€-4k€51k
Operating profit (loss)9901€-8k€48k
Financial income75/76B€0€8
Recurring financial income75€0€8
Financial charges65/66B€170€969
Recurring financial charges65€170€969
Profit (loss) for the period before taxes9903€-8k€47k
Income taxes67/77€188€7k
Profit (loss) for the period9904€-8k€40k
Profit (loss) for the period to be appropriated9905€-8k€40k
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€18k
Profit (loss) brought forward from the previous period14P€-15k€-23k
Transfer to equity691/2-€36k
To other reserves6921-€36k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €40k
Net result €40k after 2 loss-making years.
31-12
Financial Liquidity times 5current ratio 2.02
Current ratio from 0.42 to 2.02.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €7k
Net result €7k after 3 loss-making years.
03-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Camp de Corroy 154500 Huy
Ground area
3,992 m²
Building footprint
332 m²
Volume, LiDAR
526 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Route d'Ottignies 27 A, 1380 Lasne
NACE 51180
since 20072.163.760.885
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25051G0098/00G000 Wallonia 3,018 m² 1 · 253 m² -
61007D0149/00E003 Wallonia 974 m² 1 · 79 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 33,395 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-05-2007
Fiscal year end31-12
Abbreviation FR ARS
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.