ACTIVE

Belgian Racing Association

Financial year 2025 · Closed on 31/12/2025

Net result-12 k €+46,8 %over 1 year
Gross margin-2,8 k €+79,1 %over 1 year
Equity-331,1 k €-3,8 %over 1 year

Identity

Source · BCE/KBO

Belgian Racing Association is a Private limited company incorporated in 1987. Its main activity is: Advertising agencies. Its registered office is in Ferrières.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.928.024
Incorporation
28/12/1987
Legal form
Private limited company
Registered office
La Picherote 15
4190 Ferrières · WallonieSee on map
Contributed capital
2 231,04 €
Latest accounts
31/12/2025
Contacts
3 public details availableLog in to view

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin-2,8 k €-13,5 k €235,2 €-11,7 k €-2 k €
EBITDA-3,3 k €-14 k €86,4 €-16,2 k €-2,1 k €
Operating result-11,7 k €-22,4 k €-8,3 k €-22,6 k €-2,1 k €
Net result-12 k €-22,6 k €-8,5 k €-22,7 k €-2,1 k €
Balance sheet
Equity-331,1 k €-319,1 k €-296,4 k €-287,9 k €14,2 k €
Total assets21,7 k €32,7 k €49 k €54,6 k €14,8 k €
Cash5,3 k €5,4 k €5,5 k €2 k €7,7 k €
Debts352,8 k €351,7 k €345,4 k €342,5 k €594,9 €

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Claude CORTHALS

Director · since 11 septembre 2023

Active
Jean-Claude BURTON

Director · since 11 septembre 2023

Active

Ended mandates

Guy KATSERS

Director · since 23 septembre 2023 · until 09 mai 2025

Ended
Guy KATSERS

Director · since 11 septembre 2023

Ended
Claude CORTHALS

Mandate

Ended
Claude CORTHALS

Director

Ended

Other companies at this address

La Picherote 15 4190 Ferrières
CompanyCBE no.
0474.088.884

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/08/202606/08/202522/08/202418/08/202316/03/202316/03/2023
General meeting30/06/202630/06/202530/06/202430/07/202330/06/202231/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202617/08/2026FrenchPDF
Micro model31/12/202430/06/202506/08/2025FrenchPDF
Micro model31/12/202330/06/202422/08/2024FrenchPDF
Micro model31/12/202230/07/202318/08/2023FrenchPDF
Micro model31/12/202130/06/202216/03/2023FrenchPDF
Micro model31/12/202031/07/202116/03/2023FrenchPDF
Micro model31/12/201930/09/202016/03/2023FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Claude CORTHALS

Director · since 11 septembre 2023

Active
Jean-Claude BURTON

Director · since 11 septembre 2023

Active

Ended mandates

Guy KATSERS

Director · since 23 septembre 2023 · until 09 mai 2025

Ended
Guy KATSERS

Director · since 11 septembre 2023

Ended
Claude CORTHALS

Mandate

Ended
Claude CORTHALS

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Registered office08/06/2006
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12 k €↑
  2. 2024
    Annual accounts 2024-22,6 k €↓
  3. 2023
    Annual accounts 2023-8,5 k €↑
  4. 2022
    Annual accounts 2022-22,7 k €↓
  5. 2021
    Annual accounts 2021-2,1 k €↓
  6. 2020
    Annual accounts 20203,3 k €↑
  7. 2019
    Annual accounts 2019-7,7 k €
  8. 28/12/1987
    IncorporationPrivate limited company