L.O. RACING
ActiveSummary
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 34% of 1,303 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).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Lapréparationdetousvéhiculesmotoriséspourdescoursesprofessionnellesouamateurs; Letuningdetousvéhiculesmotorisés…” (deed in French)
4 activities (deed in French)
- Lapréparationdetousvéhiculesmotoriséspourdescoursesprofessionnellesouamateurs;
- Letuningdetousvéhiculesmotorisés;
- Lachat,lavente,limport-exportdetousaccessoiresetpiècesautomobiles;
- Lorganisationdévénements,lesponsoringoularecherched esponsorsdanstoussecteurs.
- Name clauseThe name the company operates under according to its articles.
- L.O.RACING
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deeddeed of 18-04-2023
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deeddeed of 13-02-2026
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “État résumant situation active et passive arrêté à date ne remontant pas à plus de trois mois, outre causes légales,dissolution anticipée…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Nomination met fin aux pouvoirs de l'organe d'administration, pouvoirs,émoluments,mode de liquidation” (deed in French)