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RALLY EVENTS

Active
Non-profit associationfounded 199630 yrs activeTieltstraat 121, 8740 Pittem, BelgiumKBO/BCE: BE 0457.769.328
Summary

RALLY EVENTS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €114k and a net result of €3k. Its solvency ranks better than 95% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes
Profitability71
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 24.47; short-term debt: 3.3% and cash: 66.9% of total assets), and 3.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
highest failure risk from 2 to 8 years 30 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
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, micro schema

Equity
€114k
Total assets
€117k
Net result
€3k
Working capital
€90k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €117k
Fixed assets €24k
Current assets €94k
Equity and liabilities €117k
Equity €114k
Debt €4k
Debt finances 3.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€6k
Cash flow
€6k
Current ratio
24.47
Debt to equity
0.03
ROE
2.2%
ROA
2.2%
Interest coverage
116.84
Debt ≤ 1 year
€4k
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€117k
Fixed assets21/28€24k
Tangible fixed assets22/27€24k
Plant, machinery and equipment23€634
Furniture and vehicles24€23k
Current assets29/58€94k
Amounts receivable within one year40/41€15k
Trade receivables40€6k
Other amounts receivable41€9k
Cash at bank and in hand54/58€79k
Equity and liabilities
Total equity and liabilities10/49€117k
Equity10/15€114k
Profit (loss) carried forward14€114k
Amounts payable17/49€4k
Amounts payable within one year42/48€4k
Trade debts44€4k
Suppliers440/4€4k
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€88
Non-recurring operating charges66A€1k
Gross operating margin9900€7k
Operating profit (loss)9901€3k
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903€3k
Profit (loss) for the period9904€3k
Profit (loss) for the period to be appropriated9905€3k
Appropriation of the result
Profit (loss) to be appropriated9906€3k
From contributions791€111k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€88
Non-recurring operating charges66A€1k
Gross operating margin9900€7k
Operating profit (loss)9901€3k
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903€3k
Profit (loss) for the period9904€3k
Profit (loss) for the period to be appropriated9905€3k
Line2024
Assets
Total assets20/58€117k
Fixed assets21/28€24k
Tangible fixed assets22/27€24k
Plant, machinery and equipment23€634
Furniture and vehicles24€23k
Current assets29/58€94k
Amounts receivable within one year40/41€15k
Trade receivables40€6k
Other amounts receivable41€9k
Cash at bank and in hand54/58€79k
Equity and liabilities
Total equity and liabilities10/49€117k
Equity10/15€114k
Profit (loss) carried forward14€114k
Amounts payable17/49€4k
Amounts payable within one year42/48€4k
Trade debts44€4k
Suppliers440/4€4k
Line2024
Profit (loss) for the period9904€3k
+ Depreciation and write-downs630€3k
Operating cash flow (approximation)€6k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Pittem
exact location from the address register On OpenStreetMap
Ground area
807 m²
Building footprint
28 m²
Volume, LiDAR
64 m³
Parcel 37011C0419/00E000, Flanders · tallest building 3.2 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37011C0419/00E000 Flanders 807 m² 1 · 28 m² 3.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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

Of 1,408 companies in sector 93129 we hold annual accounts for 172. 115 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded16-02-1996
Fiscal year end31-12
Activities, NACEBEL 2025
93129Activities of other sports clubs

Scores and ratios are computed by Checked and are not a credit decision.