PCA RACING
ActivePCA RACING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €186k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 2288 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39▼-61
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 68.72 in 2024; short-term debt: 85.8% and cash: 68.8% of total assets), and 85.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
14.2%
Return on assets
48.7%
Age of the figures
9 mo
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 · 6 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 d late
2022
3 d late
2021
22 d late
2020
27 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 71.9%
2024 · €193k
2020: €9k
2021: €44k
2022: €55k
2023: €98k
2024: €193k
2020 → 2025
Total assets
€382k▲ 95.5%
2024 · €196k
2020: €22k
2021: €74k
2022: €110k
2023: €113k
2024: €196k
2020 → 2025
Net result
€186k▲ 95.2%
2024 · €95k
2020: €6k
2021: €36k
2022: €11k
2023: €42k
2024: €95k
2020 → 2025
Working capital
€46k▼ 74.5%
2024 · €179k
2020: €7k
2021: €28k
2022: €40k
2023: €78k
2024: €179k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€55k▲ 24.6%€98k▲ 76.5%€193k▲ 97.8%€54k▼ 71.9%
Operating result€53k-€17k▼ 67.7%€55k▲ 226%€122k▲ 120%€240k▲ 97.6%
Net result€36k-€11k▼ 69.3%€42k▲ 287%€95k▲ 126%€186k▲ 95.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 98% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€8k▼ 39.1%
Current assets
€374k▲ 106%
Equity and liabilities €382k
Equity
€54k▼ 71.9%
Debt
€328k▲ 12,320%
The debt ratio rises from 1.4% to 85.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€249k▲
2024 · €131k
Cash flow
€194k▲
2024 · €105k
Solvency
14.2%▼
2024 · 98.6%
Current ratio
1.14▼
2024 · 68.72
Quick ratio
1.14▼
2024 · 68.72
Debt / equity
6.06▲
2024 · 0.01
ROE
343.8%▲
2024 · 49.5%
ROA
48.7%▼
2024 · 48.8%
Interest coverage
857449.79▲
2024 · 805.73
Debt
€328k▲
2024 · €3k
Debt ≤ 1 year
€328k▲
2024 · €3k
Income taxes
€57k▲
2024 · €26k
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€196k€382k▲
Fixed assets21/28€14k€8k▼
Tangible fixed assets22/27€14k€8k▼
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€13k€5k▼
Financial fixed assets28€200€200=
Current assets29/58€182k€374k▲
Amounts receivable after more than one year29-€75k
Other amounts receivable291-€75k
Amounts receivable within one year40/41€18k€33k▲
Trade receivables40€1k€4k▲
Other amounts receivable41€17k€29k▲
Cash at bank and in hand54/58€164k€263k▲
Deferred charges and accrued income490/1€289€3k▲
Equity and liabilities
Total equity and liabilities10/49€196k€382k▲
Equity10/15€193k€54k▼
Contributions10/11€3k€3k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€144k€6k▼
Amounts payable17/49€3k€328k▲
Amounts payable within one year42/48€3k€328k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45-€49k
Taxes450/3-€49k
Other amounts payable47/48-€277k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€134k€250k▲
Operating profit (loss)9901€122k€240k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€162€0▼
Recurring financial charges65€162€0▼
Profit (loss) for the period before taxes9903€122k€243k▲
Income taxes67/77€26k€57k▲
Profit (loss) for the period9904€95k€186k▲
Profit (loss) for the period to be appropriated9905€95k€186k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€331k▲
Profit (loss) brought forward from the previous period14P€49k€144k▲
Profit to be distributed694/7-€325k
Return on contributions (dividend)694-€325k
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 · micro schema
2025
31-12
Financial
Highest result since 2020net €186k ▲95.2%
Operating result €240k, net result €186k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 11current ratio 68.72
Current ratio from 6.04 to 68.72; short-term debt falls from €16k to €3k.
31-12
Financial
Equity above €150kEq €193k ▲97.8%
5 profitable years in a row build equity to €193k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.04
Current ratio from 1.74 to 6.04; short-term debt falls from €55k to €16k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 2020
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.
Avenue des Dessus de Lives(LO) 25101 NamurGround area
2,634 m²
Building footprint
1,021 m²
Volume, LiDAR
15,069 m³
Parcel 92078A0002/02G002, Wallonia · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PCA RACING
since 20202.299.321.553
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92078A0002/02G002 | Wallonia | 2,634 m² | 1 · 1,021 m² | 18.2 m · 5 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
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R.L.E.-Invest
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Geyskens Racing Team
BE 0794.842.942
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C & N
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CADOCIAL
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Of 1,409 companies in sector 93129 we hold annual accounts for 172. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2020
Fiscal year end31-12
Activities, NACEBEL
93129Activities of other sports clubs
93192Activities of independent sportspeople
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:alessio.picariello@live.be