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Bervoets Racing Team

Active
Non-profit associationfounded 2019active for 6 yearsSchaffensesteenweg 147, 3583 Beringen, BelgiumKBO/BCE: BE 0739.903.528
Summary

Bervoets Racing Team has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,886) and a net result of -€21,767. Its solvency ranks better than 10% of 2,593 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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Bervoets Racing TeamActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Sports and recreation education
NACE 85510
Size
€31,802total assets 2025
Equity
-€11,886
Deficit
-€21,767
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 18 days late1 of 2 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€11,886lowers riskLegal form: non-profit associationSector: Education (NACE 85)Size: total assets €31,802Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 85, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 0
equity -37.4% of total assets
Liquidity 43
short-term debt 137.4% · cash 34.1%
Profitability 0
return on assets -68.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,818 companies, NACE 85, micro)
Last 24 months 11-2024: 0.1%highest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.27, below 1; short-term debt: 137.4% and cash: 34.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 6% on solvency, 24% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Negative equity -€11,886
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Size: total assets €31,802
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
18 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move · Director in…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€11,886 View
  • Caution: Among the weakest 8% on net resultsector median €7,345 · 2,595 companies -€21,767 View
  • Total assets 2025first financial year filed €31,802 View

By topic

Financials

Financial year
2025
Total assets
€31,802
Loss
-€21,767
Solvency
-37.4%
Go to Financials

Company details

Legal form
Non-profit association
Activity
Sports and recreation educationNACE 85510
Founded
20-12-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Bervoets Racing Team

What is the company number of Bervoets Racing Team?
0739.903.528. In Belgium the VAT number is the company number with BE in front: BE 0739.903.528.
Where is Bervoets Racing Team based?
The registered office is at Schaffensesteenweg 147, 3583 Beringen.Company details
What does Bervoets Racing Team do?
According to the KBO register, the main activity is sports and recreation education (NACE 85510).
What is the legal form of Bervoets Racing Team?
Non-profit association (VZW).
When was Bervoets Racing Team founded?
On 20-12-2019.
Is Bervoets Racing Team still active?
Yes, Bervoets Racing Team is an active enterprise in the KBO register.
What is the turnover of Bervoets Racing Team?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Bervoets Racing Team profitable?
In financial year 2025, Bervoets Racing Team made a loss of €21,767.
Where can I find the annual accounts of Bervoets Racing Team?
Bervoets Racing Team filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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