FLANDERS OFFSHORE RACING
ActiveSummary
FLANDERS OFFSHORE RACING has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,799 and a net result of -€2,458. Equity has been stable since 2018 (±2.2% per year). Its solvency ranks better than 81% of 597 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 02-05-2006 Normal situation
- Activity
- Repair, maintenance and installation of machinery and equipment NACE 33150and 2 others
- Establishment unit
- 2.154.469.671 8000 Brugge, since 14-06-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€1,806
- Loss
- €2,458
- Equity
- €24,799
- ▼ 9.0%
- Total assets
- €37,012
- ▼ 4.6%
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskLiquidity: current ratio 3.03, cash €36,894Founded in 2006Equity €24,799 (67.0% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 33, micro). It does better than 75% of them on solvency, 84% on liquidity, 13% on profitability and 24% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Less equity than 84% of companies in repair and installation of machinerysector median €263,879 · 597 companies €24,799 View
Recent changes
- · Gazette deed Resignation: Kris Deraedt (director)Reappointment: Kris Deraedt (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FLANDERS OFFSHORE RACING: repair, maintenance and installation of machinery and equipment (NACE 33150). They are comparable in size and age: total assets between €13,000 and €177,000, founded between 1989 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| FLANDERS OFFSHORE RACING Brugge | €37,012 | -€1,806 |
| Rudy Collier Kapellen | €12,950 | -€7,695 |
| LEFEBVRE SAILS Oostende | €101,716 | -€1,044 |
| ZEEBRUGSE SCHEEPSWERVEN Blankenberge | €93,049 | €2,089 |
| Antwerp Aquanauts Vosselaar | €124,416 | -€7,247 |
| EMOCEAN Boom | €61,667 | €5,600 |
| DOMANI YACHTS Brasschaat | €176,508 | -€12,402 |
Key facts about FLANDERS OFFSHORE RACING
- What is the company number of FLANDERS OFFSHORE RACING?
- The company number of FLANDERS OFFSHORE RACING is 0881.037.736. The VAT number is the same number with BE in front: BE 0881.037.736.
- Where is FLANDERS OFFSHORE RACING based?
- The registered office is at Pathoekeweg 126, 8000 Brugge.Company details
- What does FLANDERS OFFSHORE RACING do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33150).
- What is the legal form of FLANDERS OFFSHORE RACING?
- The legal form of FLANDERS OFFSHORE RACING is Private limited company (BV).
- When was FLANDERS OFFSHORE RACING founded?
- FLANDERS OFFSHORE RACING was founded on 02-05-2006.
- Is FLANDERS OFFSHORE RACING still active?
- Yes, FLANDERS OFFSHORE RACING is an active enterprise in the KBO register.
- What is the turnover of FLANDERS OFFSHORE RACING?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is FLANDERS OFFSHORE RACING profitable?
- In financial year 2025, FLANDERS OFFSHORE RACING made a loss of €2,458.
- Where can I find the annual accounts of FLANDERS OFFSHORE RACING?
- FLANDERS OFFSHORE RACING filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FLANDERS OFFSHORE RACING due?
- FLANDERS OFFSHORE RACING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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