JR Racing
ActiveJR Racing has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-24k) and a net result of €-35k. Equity is shrinking by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 6% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-4
Solvency0▼-35
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.76 against 8.8 in 2023; short-term debt: 25.1% and cash: 0.7% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
-35.3%
Return on assets
-52.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-24k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
70 d late
2022
32 d late
2021
61 d late
2020
45 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-24k
2023 · €11k
2018: €96k
2019: €66k
2020: €72k
2021: €42k
2022: €12k
2023: €11k
2018 → 2024
Total assets
€67k▼ 41.6%
2023 · €114k
2018: €137k
2019: €97k
2020: €123k
2021: €164k
2022: €176k
2023: €114k
2018 → 2024
Net result
€-35k▼ 156%
2023 · €-14k
2018: €36k
2019: €-30k
2020: €5k
2021: €-30k
2022: €-30k
2023: €-14k
2018 → 2024
Working capital
€46k▼ 52.9%
2023 · €98k
2018: €-3k
2019: €36k
2020: €60k
2021: €132k
2022: €153k
2023: €98k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€42k▼ 41.4%€12k▼ 70.6%€11k▼ 9.5%€-24k
Operating result€4k-€-26k€-27k▼ 3.5%€-10k▲ 63.6%€-33k▼ 240%
Net result€5k-€-30k€-30k=€-14k▲ 54.3%€-35k▼ 156%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2024 against €10k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€4k=
Current assets
€63k▼ 43.1%
Key figures and ratios
Solvency
-35.3%▼
2023 · 9.8%
Current ratio
3.76▼
2023 · 8.80
Quick ratio
3.76▼
2023 · 5.10
Debt / equity
-3.83▼
2023 · 9.23
ROA
-52.1%▼
2023 · -11.9%
Debt
€90k▼
2023 · €103k
Debt ≤ 1 year
€17k▲
2023 · €13k
Debt > 1 year
€74k▼
2023 · €91k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€114k€67k▼
Fixed assets21/28€4k€4k=
Tangible fixed assets22/27€4k€4k=
Plant, machinery and equipment23€2k€2k=
Furniture and vehicles24€2k€2k=
Current assets29/58€110k€63k▼
Stocks and contracts in progress3€46k-
Stocks30/36€46k-
Amounts receivable within one year40/41€64k€62k▼
Trade receivables40€62k€62k=
Other amounts receivable41€1k€116▼
Cash at bank and in hand54/58€323€454▲
Deferred charges and accrued income490/1-€64
Equity and liabilities
Total equity and liabilities10/49€114k€67k▼
Equity10/15€11k€-24k▼
Contributions10/11€19k€19k=
Reserves13€90k€90k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€29k€29k=
Distributable reserves133€59k€60k▲
Profit (loss) carried forward14€-97k€-132k▼
Amounts payable17/49€103k€90k▼
Amounts payable after more than one year17€91k€74k▼
Other amounts payable178/9€91k€74k▼
Amounts payable within one year42/48€13k€17k▲
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€324€4k▲
Taxes450/3€324€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€4k€347▼
Gross operating margin9900€-4k€-33k▼
Operating profit (loss)9901€-10k€-33k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€-14k€-35k▼
Profit (loss) for the period9904€-14k€-35k▼
Profit (loss) for the period to be appropriated9905€-14k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-132k▼
Profit (loss) brought forward from the previous period14P€-84k€-97k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 6.80
Current ratio from 2.18 to 6.80; short-term debt falls from €51k to €23k.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 3.19
Current ratio from 0.87 to 3.19; short-term debt falls from €22k to €16k.
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 72 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Bornem · 1 establishment unit since 2014
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.
Prins Albertlaan(BOR) 6A2880 BornemGround area
409 m²
Building footprint
138 m²
Volume, LiDAR
822 m³
Parcel 12007C0190/00P002, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
junior construct
since 20142.258.510.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0190/00P002 | Flanders | 408 m² | 1 · 138 m² | 10.8 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.
Similar companies · same sector, comparable size
Lux Pharorum
BE 1017.852.573
Keerbergen · Eq €11k
FVO MANAGEMENT
BE 0726.759.731
Oud-Heverlee · Eq €11k
Bothworlds
BE 0567.526.511
Halle · Eq €11k
BSA & Co
BE 0767.650.278
Chastre · Eq €11k
DE VOS SERVICES
BE 0462.655.950
Sint-Niklaas · Eq €11k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 24,183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.