ACTIVE

WHY NOT ? RACING

Financial year 2023 · closed on 31/03/2023
Net result
-19,7 k €
+30.1% YoY
Revenue
19,1 k €
-52.1% YoY
Equity
43,7 k €
-31.1% YoY

What does WHY NOT ? RACING do?

WHY NOT ? RACING is a Non-profit organization incorporated in 2017. Its main activity is: Activities of sports clubs. Its registered office is in Rumes.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0685.751.990
Incorporation
08/12/2017
Legal form
Non-profit organization
Registered office
Chaussée Montgomery(LG) 63
7611 Rumes · WallonieSee on map
Latest accounts
31/03/2023
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Revenue19,1 k €39,9 k €68,8 k €134,5 k €
EBITDA12,3 k €8,4 k €31 k €45 k €
Operating result-17,6 k €-25,1 k €10,3 k €16,4 k €
Net result-19,7 k €-28,2 k €8,6 k €16,2 k €
Balance sheet
Equity43,7 k €63,4 k €91,6 k €83 k €
Total assets70,9 k €79,8 k €93,7 k €92,5 k €
Cash661,5 €11,9 k €1,2 k €10,8 k €
Debts27,2 k €16,4 k €2,2 k €9,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2023 · 3 active

Active mandates

Nicolas Delencre

Mandate

Active
Sébastien Hanc

Mandate

Active
Sylvain Tesse

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
0804.417.436
0460.269.651
Annual accounts

Full financial information

2023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months
Filing date06/10/202321/10/202228/10/202116/11/2020
General meeting30/09/202330/09/202230/09/202130/09/2020
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202330/09/202306/10/2023FrenchPDF
Abridged model31/03/202230/09/202221/10/2022FrenchPDF
Abridged model31/03/202130/09/202128/10/2021FrenchPDF
Abridged model31/03/202030/09/202016/11/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/03/2023 · 3 active

Active mandates

Nicolas Delencre

Mandate

Active
Sébastien Hanc

Mandate

Active
Sylvain Tesse

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/04/2019
    SIEGE SOCIAL
    PDF
  • Other12/12/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-19,7 k €
  2. 2022
    Annual accounts 2022-28,2 k €
  3. 2021
    Annual accounts 20218,6 k €
  4. 2020
    Annual accounts 202016,2 k €
  5. 08/12/2017
    IncorporationNon-profit organization