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L.O. RACING

Active
Private limited companyfounded 1999active for 27 yearsAvenue Franklin 5, 1300 Wavre, Belgium19 active companies are registered at this addressKBO/BCE: BE 0465.362.349
Summary

The annual accounts of L.O. RACING for financial year 2025 show a net loss of 79% of total assets and of 208% of the equity at the start of that year. The 2025 annual accounts show equity of €1.2m and a net result of -€3.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 1,299 sector peers (NACE 95, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
L.O. RACINGActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311Other maintenance and repair of motor vehicles NACE 95319
3rd largest company by total assets in Wavre, Other services sector1 site
Size
€4.4mtotal assets 2025
Staff
8.3 FTE
Equity
€1.2m
Loss
-€3.4m
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts 24 days early3 of 5 deeds summarised
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €3.4m, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 0.95, cash €2.4mSize: 8.3 FTE, total assets €4.4mFounded in 1999Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 95, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 53-30
equity 28.1% of total assets
Liquidity 63-15
short-term debt 68.9% · cash 54.8%
Profitability 0=
return on assets -78.6%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,121 companies, NACE 95, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.7%▼ -0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €65,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.95, compared with 2.1 in 2024, below 1; short-term debt: 68.9% and cash: 54.8% of total assets), and 71.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 38% on solvency, 64% on liquidity, 5% on profitability and 15% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €3.4m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.95, cash €2.4m
NBB · annual accounts
lowers risk · Size: 8.3 FTE, total assets €4.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3.4m
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 · 10 filings
Deviation from the deadline
2025
24 days early
2024
8 days early
2023
30 days late
2022
7 days late
2021
24 days late
2020
24 days late
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Capital & sharesDeclaration · Capital increase ·…
  3. Weakest financial yearnet -€3.4m

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€3.4m View
  • Caution: Among the weakest 5% on net resultsector median €29,229 · 1,295 companies -€3.4m View
  • Caution: Result fell in 2025from -€2.6m to -€3.4m ▼ 29.9% View

By topic

Financials

Financial year
2025
Total assets
€4.4m
Loss
-€3.4m
Solvency
28.1%
Total assets▲ 54.2%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
2000
Next accounts
by 31-07-2027
  1. 23-07-2025Annual accounts filed
  2. 21-01-2025Amendment of the articles
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
01-02-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about L.O. RACING

What is the company number of L.O. RACING?
0465.362.349. In Belgium the VAT number is the company number with BE in front: BE 0465.362.349.
Where is L.O. RACING based?
The registered office is at Avenue Franklin 5, 1300 Wavre.Company details
What does L.O. RACING do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of L.O. RACING?
Private limited company (BV).
When was L.O. RACING founded?
On 01-02-1999.
Is L.O. RACING still active?
Yes, L.O. RACING is an active enterprise in the KBO register.
How many employees does L.O. RACING have?
On average 8.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of L.O. RACING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is L.O. RACING profitable?
In financial year 2025, L.O. RACING made a loss of €3.4m.
Where can I find the annual accounts of L.O. RACING?
L.O. RACING filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L.O. RACING due?
By 31-07-2027, for financial year 2026.Timeline

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