JP Racing
ActiveSummary
The computed 12-month bankruptcy probability of JP Racing is 1.9% (moderate). The 2025 annual accounts show equity of €77k and a net result of €73k. Its solvency ranks better than 42% of 18280 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability96
Solvency50
Growth-
Track record67
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.33; short-term debt: 75.2% and cash: 13.7% of total assets), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 47
Relative position
BE, all sectors
reference
Sector 47
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
24.8%
Return on assets
23.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€77k
Total assets
€310k
Net result
€73k
Working capital
€76k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €310k
Fixed assets
€500
Current assets
€310k
Equity and liabilities €310k
Equity
€77k
Debt
€233k
Debt finances 75.2% of the balance-sheet total.
Key figures and ratios
Current ratio
1.33
Quick ratio
0.97
Debt to equity
3.04
ROE
94.8%
ROA
23.5%
Debt ≤ 1 year
€233k
Income taxes
€24k
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet
Code2025
Assets
Total assets20/58€310k
Fixed assets21/28€500
Financial fixed assets28€500
Current assets29/58€310k
Stocks and contracts in progress3€84k
Stocks30/36€84k
Amounts receivable within one year40/41€183k
Trade receivables40€52k
Other amounts receivable41€131k
Cash at bank and in hand54/58€43k
Deferred charges and accrued income490/1€301
Equity and liabilities
Total equity and liabilities10/49€310k
Equity10/15€77k
Contributions10/11€4k
Reserves13€70k
Distributable reserves133€70k
Profit (loss) carried forward14€3k
Amounts payable17/49€233k
Amounts payable within one year42/48€233k
Financial debts43€100k
Credit institutions430/8€100k
Trade debts44€108k
Suppliers440/4€108k
Taxes, remuneration and social security45€26k
Taxes450/3€26k
Income statement
Code2025
Other operating charges640/8€590
Gross operating margin9900€110k
Operating profit (loss)9901€110k
Financial charges65/66B€12k
Recurring financial charges65€12k
Profit (loss) for the period before taxes9903€97k
Income taxes67/77€24k
Profit (loss) for the period9904€73k
Profit (loss) for the period to be appropriated9905€73k
Appropriation of the result
Profit (loss) to be appropriated9906€73k
Transfer to equity691/2€70k
To other reserves6921€70k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Wijnegem · 1 establishment unit since 2024
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.
Ruggeveldstraat 1B2110 WijnegemGround area
1.6 ha
Building footprint
3,133 m²
Volume, LiDAR
23,229 m³
Parcel 11050A0795/00A000, Flanders · tallest building 25.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JP Racing
since 20242.360.005.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0795/00A000 | Flanders | 1.6 ha | 1 · 3,133 m² | 25.8 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.
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,535 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2024
Fiscal year end30-06
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.