ACTIVE

ROYAL AUTOMOBILE CLUB OF BELGIUM KARTING SPA-FRANCORCHAMPS

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Financial year 2025 · Closed on 31/12/2025

Net result238,1 k €+23,8 %over 1 year

Revenue1,7 M €+7,1 %over 1 year

Equity1,1 M €+14,9 %over 1 year

Workforce14,4 ETP+0,7 %over 1 year

Identity

Source · BCE/KBO

ROYAL AUTOMOBILE CLUB OF BELGIUM KARTING SPA-FRANCORCHAMPS is a Public limited company incorporated in 1993. Its main activity is: Gambling and betting activities. Its registered office is in Stavelot. It employs on average 14,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0449.935.587
Incorporation: 08/04/1993
Legal form: Public limited company
Registered office: Route du Circuit 51
4970 Stavelot · WallonieSee on map
Contributed capital: 819 503,48 €
Latest accounts: 31/12/2025
Average workforce: 14,4 ETP

Activities (NACE)

92613Gambling and betting activities· main 93110Operation of sports facilities 93110Operation of sports facilities 45320Retail trade of motor vehicle parts and accessories 47820Retail sale via stalls and markets of textiles, clothing and footwear 50302Inland passenger water transport+5

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,7 M €	+7.1%	1,6 M €	+11.1%	1,4 M €	+15.8%	1,2 M €	+41.3%	875,4 k €
EBITDA	596,2 k €	+8.7%	548,8 k €	+22.0%	449,6 k €	+33.6%	336,6 k €	+19.3%	282,2 k €
Operating result	337,4 k €	+17.2%	288 k €	+48.6%	193,8 k €	+16.5%	166,3 k €	+67.6%	99,3 k €
Net result	238,1 k €	+23.8%	192,2 k €	+57.7%	121,9 k €	+16.3%	104,9 k €	+46.8%	71,4 k €
Balance sheet
Equity	1,1 M €	+14.9%	926,9 k €	+26.2%	734,7 k €	+20.9%	607,7 k €	+20.9%	502,8 k €
Total assets	2,2 M €	+13.1%	1,9 M €	+1.5%	1,9 M €	+6.7%	1,8 M €	-3.4%	1,8 M €
Cash	369 k €	+127%	162,3 k €	+138%	68,2 k €	-39.1%	112 k €	+316%	26,9 k €
Debts	1,1 M €	+11.5%	995,5 k €	-14.1%	1,2 M €	-0.8%	1,2 M €	-12.6%	1,3 M €
Other
Workforce	14,4 ETP	+0.7%	14,3 ETP	+26.5%	11,3 ETP	-15.7%	13,4 ETP	+76.3%	7,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederic Maeyens	Director26/05/2009 → 04/07/2031
Frederic-Charles Bourseaux	Chairman of the board of directors01/06/2018 → 04/07/2031Director2018 accountsended
Patrick Rome	Director21/06/2024 → 04/07/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ROYAL AUTOMOBILE CLUB DE BELGIQUE - KONINKLIJKE AUTOMOBIEL CLUB VAN BELGIE0403.465.164Represented by Philippe Speeckaert	Director16/06/2010 → 2014 accounts
Etienne Van Eyll	Director08/06/2010 → 2014 accounts
La Maison du Karting S.A.0417.633.005Represented by Olivier Marechal	Director08/06/2010 → 2012 accounts
NOSHAQ0426.624.509Represented by Didier Penelle	Director26/05/2009 → 2014 accounts

Other companies at this address

Route du Circuit 51 4970 Stavelot

Company	CBE no.
GITE & NATURE● Active	0875.359.474

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/09/2026	27/11/2025	19/01/2025	13/11/2023	04/10/2022	15/09/2021
General meeting	15/07/2026	23/05/2025	21/06/2024	11/05/2023	28/06/2022	03/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/07/2026	15/09/2026	French	PDF
Abridged model	31/12/2024	23/05/2025	27/11/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	19/01/2025	French	PDF
Abridged model	31/12/2022	11/05/2023	13/11/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	04/10/2022	French	PDF
Abridged model	31/12/2020	03/06/2021	15/09/2021	French	PDF
Abridged model	31/12/2019	11/06/2020	08/10/2020	French	PDF
Abridged model	31/12/2018	10/05/2019	18/09/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	07/05/2019	French	PDF
Abridged model	31/12/2016	11/05/2017	27/11/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	10/05/2017	French	PDF
Abridged model	31/12/2014	11/05/2015	02/03/2016	French	PDF
Abridged model	31/12/2013	09/05/2014	04/05/2015	French	PDF
Abridged model	31/12/2012	15/05/2013	04/05/2015	French	PDF
Abridged model	31/12/2011	16/05/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	08/06/2011	15/07/2011	French	PDF
Abridged model	31/12/2009	08/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	15/06/2009	French	PDF
Abridged model	31/12/2007	25/06/2008	30/06/2008	French	PDF
Abridged model	31/12/2006	08/05/2007	18/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederic Maeyens	Director26/05/2009 → 04/07/2031
Frederic-Charles Bourseaux	Chairman of the board of directors01/06/2018 → 04/07/2031Director2018 accountsended
Patrick Rome	Director21/06/2024 → 04/07/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ROYAL AUTOMOBILE CLUB DE BELGIQUE - KONINKLIJKE AUTOMOBIEL CLUB VAN BELGIE0403.465.164Represented by Philippe Speeckaert	Director16/06/2010 → 2014 accounts
Etienne Van Eyll	Director08/06/2010 → 2014 accounts
La Maison du Karting S.A.0417.633.005Represented by Olivier Marechal	Director08/06/2010 → 2012 accounts
NOSHAQ0426.624.509Represented by Didier Penelle	Director26/05/2009 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates02/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates07/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates30/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates29/11/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/04/2019
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/10/2018
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates30/06/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Frederic-Charles Bourseaux

Frederic Maeyens

Patrick Rome

ROYAL AUTOMOBILE CLUB DE BELGIQUE - KONINKLIJKE AUTOMOBIEL CLUB VAN BELGIE

La Maison du Karting S.A.

Etienne Van Eyll

NOSHAQ

Michel Jodogne

Philippe Speeckaert

199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ROYAL AUTOMOBILE CLUB OF BELGIUM KARTING SPA-FRANCORCHAMPS

Route du Circuit 51, 4970 Stavelot

Chairman of the board of directors

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Route du Circuit 51, 4970 StavelotCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00522342

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ROYAL AUTOMOBILE CLUB OF BELGIUM KARTING SPA-FRANCORCHAMPSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00522342

Events

2025
Annual accounts 2025238,1 k €↑
2024
Annual accounts 2024192,2 k €↑
2023
Annual accounts 2023121,9 k €↑
2022
Annual accounts 2022104,9 k €↑
2021
Annual accounts 202171,4 k €↑
2020
Annual accounts 2020-91,9 k €↓
2019
Annual accounts 20198 k €↓
2018
Annual accounts 201865,1 k €↑
2017
Annual accounts 201750,9 k €↑
2016
Annual accounts 201616,4 k €↑
2015
Annual accounts 201514,3 k €↑
2014
Annual accounts 2014-17,6 k €↓
2013
Annual accounts 2013-16,4 k €↑
2012
Annual accounts 2012-58,9 k €↓
2011
Annual accounts 2011-22,8 k €↑
2009
Annual accounts 2009-64 k €↓
2008
Annual accounts 200848,9 k €↓
2007
Annual accounts 200752,8 k €↑
2006
Annual accounts 20068,6 k €
08/04/1993
IncorporationPublic limited company

ROYAL AUTOMOBILE CLUB OF BELGIUM KARTING SPA-FRANCORCHAMPS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events