The computed 12-month bankruptcy probability of VDK RACING is 15.1% (high). For VDK RACING, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €89,078 and a net result of €8,730. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 84% of 22,577 sector peers (NACE 47, financial year 2022). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 224 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 14-03-2024)Size: total assets €123,199Ex-officio strike-off in the KBOTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency97+35
equity 72.3% of total assets
Liquidity59+10
short-term debt 27.7% · cash 16.0%
Profitability78+11
return on assets 7.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
15.1%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,226 companies, NACE 47, micro)
Last 24 months11-2024: 2.3%lowest value12-2024: 3.0%▲ +0.7 percentage points vs 11-202401-2025: 6.2%▲ +3.2 percentage points vs 12-202402-2025: 6.2%● unchanged vs 01-202503-2025: 6.5%▲ +0.3 percentage points vs 02-202504-2025: 6.0%▼ -0.5 percentage points vs 03-202505-2025: 6.0%● unchanged vs 04-202506-2025: 6.0%● unchanged vs 05-202507-2025: 6.0%● unchanged vs 06-202508-2025: 8.4%▲ +2.4 percentage points vs 07-202509-2025: 8.4%● unchanged vs 08-202510-2025: 8.4%● unchanged vs 09-202511-2025: 8.4%● unchanged vs 10-202512-2025: 8.4%● unchanged vs 11-202501-2026: 14.9%▲ +6.5 percentage points vs 12-202502-2026: 14.9%● unchanged vs 01-202603-2026: 14.9%● unchanged vs 02-202604-2026: 16.1%▲ +1.2 percentage points vs 03-2026highest value05-2026: 16.1%● unchanged vs 04-2026highest value06-2026: 16.1%● unchanged vs 05-2026highest value07-2026: 16.1%● unchanged vs 06-2026highest value08-2026: 15.1%▼ -1.0 percentage point vs 07-202609-2026: 15.1%● unchanged vs 08-202610-2026: 15.1%● unchanged vs 09-2026
raises risk · 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.
31-12-2023 year end31-07-2024 deadline23-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-03-2024, 224 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 183 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.