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Herbots Racing

Active
Non-profit associationfounded 20206 yrs activeGrote Steenweg 47, 3440 Zoutleeuw, BelgiumKBO/BCE: BE 0746.518.334
Summary

Herbots Racing has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€174,565) and a net result of -€52,736. Its solvency ranks better than 9% of 2366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record85
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64; short-term debt: 142.4% and cash: 0.4% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-150%
Return on assets
-45.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
24 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

Herbots Racing was incorporated on 27 April 2020 as a Non-profit association.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€174,565
Total assets
€116,402
Net result
-€52,736
Working capital
-€59,923

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €116,402
Fixed assets €10,617
Current assets €105,785
Key figures and ratios
2025 value
EBITDA
-€45,525
Cash flow
-€45,674
Solvency
-150.0%
Current ratio
0.64
Debt to equity
-1.67
ROA
-45.3%
Interest coverage
-305.84
Debt
€290,967
Debt ≤ 1 year
€165,708
Debt > 1 year
€125,259

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€116,402
Fixed assets21/28€10,617
Tangible fixed assets22/27€10,617
Plant, machinery and equipment23€10,617
Current assets29/58€105,785
Amounts receivable within one year40/41€105,329
Trade receivables40€90,183
Other amounts receivable41€15,146
Cash at bank and in hand54/58€456
Equity and liabilities
Total equity and liabilities10/49€116,402
Equity10/15-€174,565
Profit (loss) carried forward14-€174,565
Amounts payable17/49€290,967
Amounts payable after more than one year17€125,259
Financial debts170/4€125,259
Amounts payable within one year42/48€165,708
Trade debts44€117,300
Suppliers440/4€117,300
Income statement Code2025
Non-recurring operating income76A€7,275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,063
Other operating charges640/8€55
Non-recurring operating charges66A€9,043
Gross operating margin9900-€36,427
Operating profit (loss)9901-€52,588
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€149
Recurring financial charges65€149
Profit (loss) for the period before taxes9903-€52,736
Profit (loss) for the period9904-€52,736
Profit (loss) for the period to be appropriated9905-€52,736
Appropriation of the result
Profit (loss) to be appropriated9906-€174,565
Profit (loss) brought forward from the previous period14P-€121,829

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€7,275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,063
Other operating charges640/8€55
Non-recurring operating charges66A€9,043
Gross operating margin9900-€36,427
Operating profit (loss)9901-€52,588
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€149
Recurring financial charges65€149
Profit (loss) for the period before taxes9903-€52,736
Profit (loss) for the period9904-€52,736
Profit (loss) for the period to be appropriated9905-€52,736
Line2025
Assets
Total assets20/58€116,402
Fixed assets21/28€10,617
Tangible fixed assets22/27€10,617
Plant, machinery and equipment23€10,617
Current assets29/58€105,785
Amounts receivable within one year40/41€105,329
Trade receivables40€90,183
Other amounts receivable41€15,146
Cash at bank and in hand54/58€456
Equity and liabilities
Total equity and liabilities10/49€116,402
Equity10/15-€174,565
Profit (loss) carried forward14-€174,565
Amounts payable17/49€290,967
Amounts payable after more than one year17€125,259
Financial debts170/4€125,259
Amounts payable within one year42/48€165,708
Trade debts44€117,300
Suppliers440/4€117,300
Line2025
Profit (loss) for the period9904-€52,736
+ Depreciation and write-downs630€7,063
Operating cash flow (approximation)-€45,674

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Zoutleeuw
exact location from the address register On OpenStreetMap
Ground area
1,031 m²
Building footprint
148 m²
Volume, LiDAR
1,035 m³
Parcel 24021A0337/00K003, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24021A0337/00K003 Flanders 1,031 m² 1 · 148 m² 11.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,411 companies in sector 93129 we hold annual accounts for 173. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded27-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
93129Activities of other sports clubs
73300Public relations and communication consultancy
93199Other sports activities
Contact
E-mail elke@abfk.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0746518334
Also 9925:BE0746518334
Registered 13-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.