MSC RACING EVENTS
ActiveThe computed 12-month bankruptcy probability of MSC RACING EVENTS is 1.6% (moderate). The 2025 annual accounts show negative equity (€-2.85M) and a net result of €-344k. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 2004 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-50
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 13.15 in 2024; short-term debt: 28.5% and cash: 2.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-315.2%
Return on assets
-38%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-2.85M
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
on the day
2022
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-344k▼ 133%
2024 · €-148k
2022: €-1.78M
2023: €-576k
2024: €-148k
2022 → 2025
Working capital
€-119k
2024 · €68k
2022: €209k
2023: €193k
2024: €68k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-1.78M-€-2.36M▼ 32.3%€-2.50M▼ 6.3%€-2.85M▼ 13.7%
Operating result€-1.78M-€-582k▲ 67.3%€-148k▲ 74.6%€-340k▼ 130%
Net result€-1.78M-€-576k▲ 67.7%€-148k▲ 74.3%€-344k▼ 133%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €340k in 2025 against €148k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €904k
Fixed assets
€766k▲ 135%
Current assets
€138k▲ 88.8%
Key figures and ratios
EBITDA
€-180k▼
2024 · €12k
Cash flow
€-184k▼
2024 · €12k
Solvency
-315.2%▲
2024 · -628.2%
Current ratio
0.54▼
2024 · 13.15
Quick ratio
0.54▼
2024 · 13.15
Debt / equity
-1.32▼
2024 · -1.16
ROA
-38.0%▼
2024 · -37.1%
Interest coverage
-48.51▼
2024 · 290.21
Debt
€3.75M▲
2024 · €2.90M
Debt ≤ 1 year
€257k▲
2024 · €6k
Debt > 1 year
€3.49M▲
2024 · €2.90M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€399k€904k▲
Fixed assets21/28€325k€766k▲
Tangible fixed assets22/27€325k€766k▲
Furniture and vehicles24€325k€766k▲
Current assets29/58€73k€138k▲
Amounts receivable within one year40/41€31k€118k▲
Trade receivables40€30k€105k▲
Other amounts receivable41€719€13k▲
Cash at bank and in hand54/58€42k€20k▼
Equity and liabilities
Total equity and liabilities10/49€399k€904k▲
Equity10/15€-2.50M€-2.85M▼
Profit (loss) carried forward14€-2.50M€-2.85M▼
Amounts payable17/49€2.90M€3.75M▲
Amounts payable after more than one year17€2.90M€3.49M▲
Financial debts170/4-€347k
Other amounts payable178/9€2.90M€3.15M▲
Amounts payable within one year42/48€6k€257k▲
Current portion of amounts payable after more than one year42-€86k
Financial debts43-€14k
Other loans439-€14k
Trade debts44€306€9k▲
Suppliers440/4€306€9k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€2k€148k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160k€160k=
Other operating charges640/8€968€400▼
Gross operating margin9900€13k€-180k▼
Operating profit (loss)9901€-148k€-340k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€42€4k▲
Recurring financial charges65€42€4k▲
Profit (loss) for the period before taxes9903€-148k€-344k▼
Profit (loss) for the period9904€-148k€-344k▼
Profit (loss) for the period to be appropriated9905€-148k€-344k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.50M€-2.85M▼
Profit (loss) brought forward from the previous period14P€-2.36M€-2.50M▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 11current ratio 117.75
Current ratio from 10.28 to 117.75; short-term debt falls from €23k to €2k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2021
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.
Naamsestraat 711000 BrusselGround area
2,020 m²
Building footprint
1,204 m²
Volume, LiDAR
20,786 m³
Parcel 21808H1887/00A000, Brussels · tallest building 25.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Naamsestraat 71, 1000 Brussel
since 20212.319.631.868
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1887/00A000 | Brussels | 2,020 m² | 1 · 1,204 m² | 25.6 m · 7 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 and region
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 18,256 companies in sector 71111 we hold annual accounts for 6,321.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2021
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
47820Retail sale of motor vehicle parts and accessories
77110Renting and leasing of cars and light motor vehicles
93110Operation of sports facilities
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ms7@s-s-h.be