TL Racing

Active

Non-profit associationfounded 20214 yrs activeBurg. Decoenestraat 40, 8520 Kuurne, BelgiumKBO/BCE: BE 0777.537.845

Summary

For TL Racing, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €6,047 and a net result of €334. Its solvency ranks better than 60% of 2674 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

TL RacingActive

Risk analysis Report Compare

Activity

Activities of other sports clubs

NACE 93129

Size

€16,283total assets 2022

Equity: €6,047
Profit: €334

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 0.4%

2022 figures too old to score

Structure

Accounts 793 d overdue0 of 1 deed read

Signals- Figures for FY 2022 (filed 21-10-2023)- Latest accounts 77 days late; 2 of the last 3 late- Two or more financial years not filed+ Legal form Non-profit association+ Sector Sports, amusement and recreation activities (NACE 93)Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Strong

Solvency 62-28

equity 37.1% of total assets

Liquidity 45-39

short-term debt 62.9% · cash 22.7%

Profitability 71-29

return on assets 2.1%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,220 companies)

Last 15 months 08-2025: 0.4%highest value 09-2025: 0.4%● 0.0% vs 08-2025highest value 10-2025: 0.4%● 0.0% vs 09-2025highest value 11-2025: 0.4%▼ -1.5% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%● 0.0% vs 12-2025 02-2026: 0.4%● 0.0% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%● 0.0% vs 04-2026 06-2026: 0.4%● 0.0% vs 05-2026 07-2026: 0.4%● 0.0% vs 06-2026 08-2026: 0.4%▼ -6.3% vs 07-2026lowest value 09-2026: 0.4%● 0.0% vs 08-2026lowest value 10-2026: 0.4%▲ +0.8% vs 09-2026

Legal form Non-profit association lowers the probability
Figures for FY 2022 (filed 21-10-2023) raises the probability
Latest accounts 77 days late; 2 of the last 3 late raises the probability
Sector Sports, amusement and recreation activities (NACE 93) lowers the probability

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Legal form Non-profit association

In the bankruptcy model this factor lowers the probability.

KBO

Figures for FY 2022 (filed 21-10-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Latest accounts 77 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Sports, amusement and recreation activities (NACE 93)

In the bankruptcy model this factor lowers the probability.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 2 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline02-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-10-2023, 77 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

77 d late

2021

32 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)

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