ASD RACING
The computed 12-month bankruptcy probability of ASD RACING is 0.8% (low). The 2025 annual accounts show equity of €10k and a net result of €6k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 195 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €6k |
| Better than sector | 35% |
| Active | 3 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.9% | 22.0% | |
| Net result | €6k | €6k | |
| Equity | €10k | €22k | |
| Gross operating margin | €22k | €33k | |
| Total assets | €107k | €127k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €21k |
| Net profit | €6k |
| Cash flow | €18k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €107k |
| Equity | €10k |
| Debt | €98k |
| of which ≤ 1y | €98k |
| of which > 1y | - |
| Working capital | €-19k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.81 |
| Quick ratio | 0.42 |
| Working capital ratio | -17.6% |
| Solvency | 8.9% |
| Debt / equity | 10.21 |
| Long-term debt ratio | - |
| Interest coverage | 22.41 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.0% |
| ROE | 67.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 10d |
| Inventory turnover | 0.94 |
| Days inventory (DSI) | 387d |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €107k |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €28k |
| Current assets | 29/58 | €79k |
| Stocks & contracts in progress | 3 | €37k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €35k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €555 |
| Amounts payable | 17/49 | €98k |
| Amounts payable within one year | 42/48 | €98k |
| Trade debts payable within one year | 44 | €955 |
| Income statement | ||
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €9k |
| Financial income | 75 | €80 |
| Financial charges | 65 | €920 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
| NACE primary | 93129 |
| Legal form | Private limited company(610) |
| Incorporation | 14-03-2023 |
| Status | Active |
| Postal code | 4987 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63042C0093/00B000 | Wallonia | 374 m² | 1 · 183 m² | 10.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-03-2025 Alexis MATHY resigns as director
- Alexis MATHY, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
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"name": "Alexis MATHY",
"address": "rue de Berloz 1 \u00E0 4250 GEER",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
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"statutory": null,
"compensated": null,
"effective_date": "2025-03-06",
"evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission d\u0027Alexis MATHY, domicili\u00E9 rue de Berloz 1 \u00E0 4250 GEER.",
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"effective_date_qualifier": "immediate"
}
],
"notary": {
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"act_meta": {
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"pub_date": "2025-03-19",
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"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-02-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0799.513.590",
"name_full": "ASD RACING",
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},
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}12-04-2024 Registered office moved from SPА to Stoumont
- Chemin Futvoie 8d à 4700 SPА → Cour,21 à 4987 Stoumont
Technical details
{
"events": [
{
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"seat_type": "siege_social",
"new_address": {
"raw": "Cour,21 \u00E0 4987 Stoumont",
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"country": "BE",
"postcode": "4987",
"box_number": null,
"street_number": "21",
"locality_suffix": null
},
"old_address": {
"raw": "Chemin Futvoie 8d \u00E0 4700 SP\u0410",
"city": "SP\u0410",
"region": "waals_gewest",
"street": "Chemin Futvoie",
"country": "BE",
"postcode": "4700",
"box_number": null,
"street_number": "8d",
"locality_suffix": null
},
"effective_date": "2024-03-05",
"evidence_quote": "Dominique MATHY propose de transf\u00E9rer, \u00E0 partir de ce jour, le si\u00E8ge social \u00E0 l\u0027adresse suivante: Cour,21 \u00E0 4987 Stoumont.",
"region_changed": false,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
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}
],
"notary": {
"name": null,
"firm_city": null,
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"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-04-12",
"filing_date": "2024-03-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-03-05",
"unanimous": true
},
"subject_company": {
"kbo": "0799.513.590",
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"legal_form": "SRL"
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"publication_proxy": {
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"org_kbo": null,
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"person_name": "Dominique MATHY",
"org_rep_person_name": null,
"person_role_at_subject": "Adminstrateur"
},
"co_filed_documents": []
}27-03-2023 Registered office moved from STAVELOT to SPA
- Route de Tiège 3b à 4970 STAVELOT → Chemin Futvoie 8D à 4900 SPA
Technical details
{
"events": [
{
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"seat_type": "siege_social",
"new_address": {
"raw": "Chemin Futvoie 8D \u00E0 4900 SPA",
"city": "SPA",
"region": "waals_gewest",
"street": "Chemin Futvoie",
"country": "BE",
"postcode": "4900",
"box_number": null,
"street_number": "8D",
"locality_suffix": null
},
"old_address": {
"raw": "Route de Ti\u00E8ge 3b \u00E0 4970 STAVELOT",
"city": "STAVELOT",
"region": "waals_gewest",
"street": "Route de Ti\u00E8ge",
"country": "BE",
"postcode": "4970",
"box_number": null,
"street_number": "3b",
"locality_suffix": null
},
"effective_date": "2023-03-16",
"evidence_quote": "Dominique MATHY propose de transf\u00E9rer, \u00E0 partir de ce jour, le si\u00E8ge social \u00E0 l\u0027adresse suivante: Chemin Futvoie 8D \u00E0 4900 SPA.",
"region_changed": false,
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"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-03-27",
"filing_date": "2023-03-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-03-15",
"unanimous": true
},
"subject_company": {
"kbo": "0799.513.590",
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"_kbo_filled_from_list": true
},
"publication_proxy": {
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"org_rep_person_name": null,
"person_role_at_subject": "Adminstrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ASD RACING |