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RACES INFORMATION SERVICES

Active Private limited companyfounded 1982active for 44 yearsRoute de Bastogne 16, 4190 FerrièresKBO/BCE: BE 0422.580.203 #5 oldest company in the province of Liège, Computing infrastructure and information services sector

Lifetime

20 annual accounts with figures on one time axis, 44 filings since 1982
peak €319,466 (2010)
€69,436▼ 25.7%
lowest -€47,098 (2020)
€18,612▼ 60.1%
peak €781,216 (2017)
€73,066▼ 52.7%
€159,381▲ 90.6%
peak 2.2 FTE (2008)
-not published
Board2 names since 2021
Owners5 names in the annual accounts
  
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €93,467 to €69,436Result from €46,595 to €18,612Dividend €100,000Equity from €154,455 to €73,066Debts from €83,615 to €159,381

Key points

from the 2025 annual accounts

Equity

€73,066 from €781,216 in 2017

Equity fell by 91% in 8 years.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Debts

€159,381 ▲ 90.6%
Other debts
+69,012
Suppliers
+11,909
The rest
-5,156

Debts rose by €75,765 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€60,677 2.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

1.08 was 2.29 in 2024

Short-term debts rose from €82,744 to €159,381.

Filings

44 annual accounts since 1982
AprilJune31 JulyOctober199520102025

Two of the last ten came late. The 2019 accounts came latest: 21 days after the end of the period.

Checked score

92
Excellent
Financially stronger than 36% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

56-34equity 31.4% of total assets
63-22short-term debt 68.6% · cash 50.7%
79-14return on assets 8.0%

Score breakdown

lowers risk
Liquidity: current ratio 1.08, cash €117,965
Founded in 1982
Size: total assets €232,447
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 33% of them on solvency, 52% on liquidity, 47% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as RACES INFORMATION SERVICES has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RACES INFORMATION SERVICES itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for RACES INFORMATION SERVICES. 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

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.08 (2.29 in 2024), below the usual 1.5. Short-term debt is 68.6% and cash 50.7% of total assets. 68.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.08, cash €117,965
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €232,447
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
23 days early
2023
12 days early
2022
28 days early
2021
25 days early
2020
33 days early
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • Francis GOBLET 63.33%annual accounts 2017
  • ANNY DELAUX 26.67%annual accounts 2017
  • Michaël GOBLET 3.34%annual accounts 2017
and 2 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0422580203
Appointments: GOBLET Francis Désiré Constant (director) and GOBLET Michaël Antoine Victor (administrateur supplémentaire non statutaire) Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 27-06-2023 · Gazette deed
New establishment in Ferrières Route de Bastogne 16
First establishment Rue du Sept-Septembre 5, Ferrières
All 57 events

Comparable companies

same main activity, similar in size and age
Company
RACES INFORMATION SERVICES Ferrières €232,447 €69,436 31.4% -
INTEGRAL SYSTEMS Mechelen €165,646 €71,635 53.7% -
VERASSNET Ghent €326,897 €74,440 65.2% -
ISIS Fosses-la-Ville €218,402 €61,489 60.5% -
ADVANCE SOFTWARE AND COMPUTER Sombreffe €253,091 €52,653 88.3% -
INTERNATIONAL CONSULTING AND TRADING SERVICES C° Ghent €171,317 €53,796 95.7% -
XPERIAN Waasmunster €159,098 €85,695 59.3% -

These companies have the same main activity as RACES INFORMATION SERVICES: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €159,000 and €327,000, founded between 1976 and 1991.

Official details

Source: KBO
Status
Active since 01-04-1982Normal situation
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Establishment units
2.020.393.4024190 Ferrières, since 23-04-1982
2.201.688.0834190 Ferrières, since 01-01-2003
Financial year end
31 December
Peppol
Reachable since 20-02-2026
Company details

Annual accounts 2025

€232,447▼ 2.4%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on RACES INFORMATION SERVICES

RACES INFORMATION SERVICES files the micro format. That format states no turnover. The gross margin fell from €198,183 in 2006 to €69,436 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 RACES INFORMATION SERVICES

What is the company number of RACES INFORMATION SERVICES?
The company number of RACES INFORMATION SERVICES is 0422.580.203. The VAT number is the same number with BE in front: BE 0422.580.203.
Where is RACES INFORMATION SERVICES based?
The registered office is at Route de Bastogne 16, 4190 Ferrières.Company details
What does RACES INFORMATION SERVICES do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of RACES INFORMATION SERVICES?
RACES INFORMATION SERVICES is a private limited company (BV).
When was RACES INFORMATION SERVICES founded?
RACES INFORMATION SERVICES was founded on 01-04-1982.
Is RACES INFORMATION SERVICES still active?
Yes, RACES INFORMATION SERVICES is an active enterprise in the KBO register.
How many employees does RACES INFORMATION SERVICES have?
RACES INFORMATION SERVICES had an average of 0.1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of RACES INFORMATION SERVICES?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €69,436 and 2,666 comparable companies of the same size. It probably lies between €140,000 and €360,000. It is a rough estimate.
Is RACES INFORMATION SERVICES profitable?
In financial year 2025, RACES INFORMATION SERVICES made a profit of €18,612.
Where can I find the annual accounts of RACES INFORMATION SERVICES?
RACES INFORMATION SERVICES filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RACES INFORMATION SERVICES due?
RACES INFORMATION SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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