PK Racing Distribution
ActiveSummary
The computed 12-month bankruptcy probability of PK Racing Distribution is 1.9% (moderate). The 2025 annual accounts show equity of €3k and a net result of €-1k. Equity is shrinking by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 11322 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
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 2025Age of the figures
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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 · 6 filingsDeviation from the deadline
2025
23 d late
2024
4 d late
2023
1 d early
2022
6 d early
2021
4 d early
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 30.1%
2024 · €4k
2020: €18k
2021: €18k
2022: €18k
2023: €6k
2024: €4k
2020 → 2025
Total assets
€3k▼ 31.4%
2024 · €5k
2020: €47k
2021: €62k
2022: €22k
2023: €8k
2024: €5k
2020 → 2025
Net result
€-1k▲ 56.4%
2024 · €-3k
2020: €12k
2021: €261
2022: €305
2023: €-12k
2024: €-3k
2020 → 2025
Working capital
€3k▼ 30.1%
2024 · €4k
2020: €17k
2021: €17k
2022: €18k
2023: €6k
2024: €4k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€18k▲ 1.7%€6k▼ 64.7%€4k▼ 40.8%€3k▼ 30.1%
Operating result€979-€859▼ 12.3%€-11k€-2k▲ 79.1%€-1k▲ 53.4%
Net result€261-€305▲ 16.9%€-12k€-3k▲ 77.7%€-1k▲ 56.4%
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 €1k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3k
Equity
€3k ▼ 30.1%
Debt
€491 ▼ 37.6%
Debt's share of the balance-sheet total falls from 17.1% to 15.5%. Equity and debt are lower.
Key figures and ratios
Debt ≤ 1 year
€491▼
2024 · €788
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5k€3k▼
Current assets29/58€5k€3k▼
Amounts receivable within one year40/41€2k€175▼
Trade receivables40€2k-
Other amounts receivable41€456€175▼
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€5k€3k▼
Equity10/15€4k€3k▼
Contributions10/11€6k€6k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-14k€-15k▼
Amounts payable17/49€788€491▼
Amounts payable within one year42/48€788€491▼
Trade debts44€788€491▼
Suppliers440/4€788€491▼
Income statement
Code20242025
Gross operating margin9900€-2k€-1k▲
Operating profit (loss)9901€-2k€-1k▲
Financial charges65/66B€261€44▼
Recurring financial charges65€261€44▼
Profit (loss) for the period before taxes9903€-3k€-1k▲
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-15k▼
Profit (loss) brought forward from the previous period14P€-12k€-14k▼
The notes to these accounts (1 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
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-12k ▼3981%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity times 5current ratio 6.61
Current ratio from 1.39 to 6.61; short-term debt falls from €44k to €3k.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Olen
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.
Geelseweg 802250 OlenGround area
4,919 m²
Building footprint
2,685 m²
Volume, LiDAR
18,639 m³
Parcel 13029E0499/00P000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029E0499/00P000 | Flanders | 4,919 m² | 1 · 2,685 m² | 8.1 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
OEKO
BE 0700.731.364
Bierbeek · Eq €2,690
NBJT Consulting
BE 0787.809.551
Vorst · Eq €2,697
MAGIC COIFFE
BE 0707.806.030
Braine-l'Alleud · Eq €2,637
Coreline
BE 0735.796.171
Mechelen · Eq €2,762
ELECTROHM
BE 0534.925.306
Chastre · Eq €2,571
Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 467 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2019
Fiscal year end30-06
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.