Equity
€861,699 ▲ 10.3%
RACE has made a profit in every financial year since 2008.
RACE
Lifetime
18 annual accounts with figures on one time axispeak €202,573 (2016)
€127,347▲ 56.0%
peak €125,959 (2016)
€80,717▲ 41.0%
peak €861,699 (2025)
€861,699▲ 10.3%
€250,400▲ 5.7%
Board1 name since 2021
-
Documentsfilings and deeds
12-10-202673 days late
2025abbreviated format
Turnover from €189,905 to €234,462Gross margin from €81,654 to €127,347Result from €57,236 to €80,717Cash from €13,713 to €123,832
Key points
from the 2025 annual accountsPayment terms
23 days to suppliers
RACE pays its suppliers 10 days earlier than in 2024. Customers pay 30 days earlier.
Filings
18 annual accounts 73 days
Latest accounts filed late: after the legal deadline.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,806 companies had the same profile as RACE has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,806 companies, not a prediction for RACE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806037534
Resignation: (manager)
Reappointment: (director) · Director discharge: · General meeting of 16-12-2023 · Gazette deed
Incorporation
published on 02-09-2008 · Gazette deed
First establishment
Oude Gentweg 17, Aalter
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as RACE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €1.2m, founded between 2007 and 2008.
Official details
Source: KBO- Status
- Active since 29-08-2008Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.173.595.7949880 Aalter, since 29-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on RACE
RACE files the abbreviated format. That format states no turnover. The gross margin rose from €51,253 in 2008 to €127,347 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RACE
- What is the company number of RACE?
- The company number of RACE is 0806.037.534. The VAT number is the same number with BE in front: BE 0806.037.534.
- Where is RACE based?
- The registered office is at Oude Gentweg 17, 9880 Aalter.Company details
- What does RACE do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of RACE?
- RACE is a private limited company (BV).
- When was RACE founded?
- RACE was founded on 29-08-2008.
- Is RACE still active?
- Yes, RACE is an active enterprise in the KBO register.
- What is the turnover of RACE?
- The turnover of RACE was €234,462 in financial year 2025, according to the filed annual accounts.Financials
- Is RACE profitable?
- In financial year 2025, RACE made a profit of €80,717.
- Where can I find the annual accounts of RACE?
- RACE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RACE due?
- RACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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