FD RACING SERVICES
ActiveThe computed 12-month bankruptcy probability of FD RACING SERVICES is 2.2% (moderate). The 2025 annual accounts show equity of €35k and a net result of €10k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 67% of 474 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▼-7
Growth52=
Stability94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.87 in 2024), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
14.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€35k▲ 0.3%
2024 · €35k
2023: €25k
2024: €35k
2023 → 2025
Total assets
€72k▲ 17.6%
2024 · €61k
2023: €51k
2024: €61k
2023 → 2025
Net result
€10k▼ 4.2%
2024 · €11k
2023: €23k
2024: €11k
2023 → 2025
Working capital
€26k▲ 15.5%
2024 · €22k
2023: €9k
2024: €22k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€25k-€35k▲ 42.4%€35k▲ 0.3%
Operating result€23k-€16k▼ 31.7%€14k▼ 13.3%
Net result€23k-€11k▼ 53.9%€10k▼ 4.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€10k▼ 25.3%
Current assets
€62k▲ 29.5%
Equity and liabilities €72k
Equity
€35k▲ 0.3%
Debt
€36k▲ 41.8%
The debt ratio rises from 41.8% to 50.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€18k▼
2024 · €20k
Cash flow
€14k▼
2024 · €15k
Solvency
49.6%▼
2024 · 58.2%
Current ratio
1.71▼
2024 · 1.87
Quick ratio
1.71▼
2024 · 1.87
Debt / equity
1.02▲
2024 · 0.72
ROE
28.4%▼
2024 · 29.8%
ROA
14.1%▼
2024 · 17.3%
Interest coverage
199.86▲
2024 · 83.63
Debt
€36k▲
2024 · €25k
Debt ≤ 1 year
€36k▲
2024 · €25k
Income taxes
€4k▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€72k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23-€936
Furniture and vehicles24€11k€6k▼
Other tangible fixed assets26€3k€3k=
Current assets29/58€48k€62k▲
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€11€33▲
Current investments50/53€44k€56k▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€61k€72k▲
Equity10/15€35k€35k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Profit (loss) carried forward14€33k€33k▲
Amounts payable17/49€25k€36k▲
Amounts payable within one year42/48€25k€36k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€146€295▲
Suppliers440/4€146€295▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€15k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€106€106=
Gross operating margin9900€20k€18k▼
Operating profit (loss)9901€16k€14k▼
Financial income75/76B€93€219▲
Recurring financial income75€0€219▲
Non-recurring financial income76B€93-
Financial charges65/66B€238€90▼
Recurring financial charges65€238€90▼
Profit (loss) for the period before taxes9903€16k€14k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€11k€10k▼
Profit (loss) for the period to be appropriated9905€11k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€43k▲
Profit (loss) brought forward from the previous period14P€23k€33k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €10k ▼4.2%
Net result drops to €10k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Doische · 1 establishment unit since 2023
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.
Rue des Sorbiers (MLG) 235680 DoischeGround area
1,937 m²
Building footprint
230 m²
Volume, LiDAR
1,311 m³
Parcel 93040B0494/00C000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FS RACING SERVICES
since 20232.352.590.686
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93040B0494/00C000 | Wallonia | 1,937 m² | 1 · 230 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
MULTICORE
BE 0679.501.628
Beringen · Eq €35k
ICK Technics
BE 0754.950.604
Poperinge · Eq €35k
BODAMA
BE 1018.018.067
Zele · Eq €35k
LT onderhoudswerken
BE 0800.398.369
Maaseik · Eq €36k
GH MAINTENANCE ET SERVICES
BE 0539.953.171
Liège · Eq €35k
Of 3,705 companies in sector 33120 we hold annual accounts for 1,335. 972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2023
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:florent-def@hotmail.com