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Racing Center

Active
Private limited companyfounded 196957 yrs activeMiddelmolenlaan 12-16, 2100 Antwerpen, BelgiumKBO/BCE: BE 0406.812.654

Racing Center has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €761k and a net result of €54k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 9580 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
64 / 100
Healthy▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▲+15
Solvency51▲+11
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.21 in 2023), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 57 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
30 d late
2022
24 d late
2021
2 d late
2020
61 d late
2019
60 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€761k▲ 7.6%
2023 · €707k
2018: €607k 2019: €624k 2020: €641k 2021: €638k 2022: €679k 2023: €707k
2018 → 2024
Total assets
€2.64M▼ 10.6%
2023 · €2.95M
2018: €2.46M 2019: €2.80M 2020: €2.80M 2021: €2.88M 2022: €2.25M 2023: €2.95M
2018 → 2024
Net result
€54k▲ 93.5%
2023 · €28k
2018: €136k 2019: €17k 2020: €17k 2021: €-2k 2022: €41k 2023: €28k
2018 → 2024
Working capital
€467k▲ 7.8%
2023 · €434k
2018: €475k 2019: €582k 2020: €685k 2021: €708k 2022: €632k 2023: €434k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€641k-€638k▼ 0.4%€679k▲ 6.4%€707k▲ 4.1%€761k▲ 7.6%
Operating result€61k-€53k▼ 13.4%€109k▲ 107%€116k▲ 6.9%€146k▲ 25.8%
Net result€17k-€-2k€41k€28k▼ 31.9%€54k▲ 93.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2020: €61k€61kNet result 2020: €17k€17kOperating result 2021: €53k€53kNet result 2021: €-2k€-2kOperating result 2022: €109k€109kNet result 2022: €41k€41kOperating result 2023: €116k€116kNet result 2023: €28k€28kOperating result 2024: €146k€146kNet result 2024: €54k€54k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 26% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.64M
Fixed assets €397k▼ 4.6%
Current assets €2.24M▼ 11.6%
Equity and liabilities €2.64M
Equity €761k▲ 7.6%
Debt €1.88M▼ 16.4%
The debt ratio falls from 76.1% to 71.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€192k
2023 · €175k
Cash flow
€100k
2023 · €87k
Solvency
28.8%
2023 · 23.9%
Current ratio
1.26
2023 · 1.21
Quick ratio
0.15
2023 · 0.17
Debt / equity
2.47
2023 · 3.18
ROE
7.1%
2023 · 3.9%
ROA
2.0%
2023 · 0.9%
Interest coverage
2.51
2023 · 2.22
Debt
€1.88M
2023 · €2.25M
Debt ≤ 1 year
€1.77M
2023 · €2.10M
Debt > 1 year
€87k
2023 · €128k
Income taxes
€19k
2023 · €12k
Staff costs
€332k
2023 · €319k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.95M€2.64M
Fixed assets21/28€416k€397k
Tangible fixed assets22/27€415k€396k
Land and buildings22€272k€257k
Plant, machinery and equipment23€58k€69k
Furniture and vehicles24€29k€19k
Other tangible fixed assets26€55k€50k
Financial fixed assets28€827€827=
Current assets29/58€2.54M€2.24M
Stocks and contracts in progress3€2.18M€1.98M
Stocks30/36€2.18M€1.98M
Amounts receivable within one year40/41€330k€254k
Trade receivables40€223k€129k
Other amounts receivable41€107k€125k
Cash at bank and in hand54/58€24k€5k
Equity and liabilities
Total equity and liabilities10/49€2.95M€2.64M
Equity10/15€707k€761k
Contributions10/11€25k€25k=
Revaluation surpluses12€66k€66k=
Reserves13€463k€517k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€132k€132k=
Distributable reserves133€331k€385k
Profit (loss) carried forward14€154k€154k=
Amounts payable17/49€2.25M€1.88M
Amounts payable after more than one year17€128k€87k
Financial debts170/4€128k€87k
Amounts payable within one year42/48€2.10M€1.77M
Current portion of amounts payable after more than one year42€89k€77k
Financial debts43€422k€450k
Credit institutions430/8€422k€450k
Trade debts44€1.14M€970k
Suppliers440/4€1.14M€970k
Advances received on contracts in progress46€146k€24k
Taxes, remuneration and social security45€93k€56k
Taxes450/3€68k€30k
Remuneration and social security454/9€25k€26k
Other amounts payable47/48€219k€198k
Accrued charges and deferred income492/3€14k€16k
Income statement Code20232024
Non-recurring operating income76A€11k€3k
Remuneration, social security and pensions62€319k€332k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€46k
Other operating charges640/8€21k€21k
Gross operating margin9900€515k€545k
Operating profit (loss)9901€116k€146k
Financial income75/76B€3k€3k
Recurring financial income75€3k€3k
Financial charges65/66B€79k€77k
Recurring financial charges65€79k€77k
Profit (loss) for the period before taxes9903€40k€73k
Income taxes67/77€12k€19k
Profit (loss) for the period9904€28k€54k
Profit (loss) for the period to be appropriated9905€28k€54k
Appropriation of the result
Profit (loss) to be appropriated9906€182k€208k
Profit (loss) brought forward from the previous period14P€154k€154k=
Transfer to equity691/2€28k€54k
To other reserves6921€28k€54k
Social balance
Average headcount (FTE)90875.65.2

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial Back to profitnet €41k
Net result €41k after one loss-making year.
02-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
31-12
Financial Weakest financial yearnet €-2k ▼114%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
13-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
08-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Antwerpen · 1 establishment unit since 1969
establishment The establishment unit on the map
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.

Middelmolenlaan 12-162100 Antwerpen
Ground area
576 m²
Building footprint
492 m²
Volume, LiDAR
2,625 m³
Parcel 11012A0285/00F005, Flanders · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RACING CENTER
Middelmolenlaan 12 1, 2100 AntwerpenNACE 5010301
since 19692.003.122.650
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11012A0285/00F005 Flanders 576 m² 1 · 492 m² 15.1 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.

Recognitions · licences · registrations

Dual-learning approval

3 ended

Similar companies · same sector, comparable size

Of 1,126 companies in sector 47830 we hold annual accounts for 468. 312 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-07-1969
Fiscal year end31-12
Activities, NACEBEL
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50200
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.