ACTIVE

RACE

Export PDF
Financial year 2024 · closed on 31/12/2024
Net result
57,2 k €
-11.7% YoY
Revenue
189,9 k €
-1.4% YoY
Equity
781 k €
+7.9% YoY

What does RACE do?

RACE is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0806.037.534
Incorporation
29/08/2008
Legal form
Private limited company
Registered office
Oude Gentweg 17
9880 Aalter · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82300Organisation of conventions and trade shows82300Organisation of conventions and trade shows
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue189,9 k €192,7 k €––––––––183,7 k €157,2 k €168,1 k €200,4 k €–––
EBITDA80,5 k €98,1 k €86,9 k €62,3 k €41,8 k €54,7 k €90,4 k €82,5 k €201,2 k €128 k €109,1 k €71,9 k €84,4 k €105,5 k €105,1 k €126,2 k €51,3 k €
Operating result64,5 k €81,9 k €80,8 k €36,1 k €15,9 k €27,8 k €62,4 k €54,3 k €181,9 k €107,3 k €87,6 k €61,6 k €74,1 k €96 k €97,9 k €120,6 k €50 k €
Net result57,2 k €64,8 k €62,6 k €25,7 k €23,9 k €31,2 k €69,1 k €47,7 k €126 k €77,3 k €63,5 k €47,8 k €55,6 k €68,2 k €59,9 k €81 k €38,2 k €
Balance sheet
Equity781 k €723,7 k €861,4 k €798,8 k €773,1 k €749,1 k €717,9 k €648,9 k €601,2 k €475,2 k €397,9 k €334,4 k €309,1 k €253,5 k €185,3 k €125,4 k €44,4 k €
Total assets1 M €906,9 k €882 k €805,7 k €788,4 k €764,1 k €743,8 k €678 k €709,7 k €606,6 k €554,6 k €462,7 k €382,9 k €353,7 k €273,9 k €219,4 k €70,7 k €
Cash13,7 k €47,7 k €192,2 k €265,5 k €257,4 k €196,7 k €143,7 k €621,8 €38,4 k €404,4 k €309,7 k €208,5 k €154,6 k €173,4 k €180,2 k €163,6 k €46,3 k €
Debts236,8 k €24,5 k €20,6 k €6,9 k €15,3 k €14,9 k €25,8 k €29,2 k €108,5 k €131,4 k €156,7 k €128,2 k €73,8 k €50,1 k €88,5 k €94 k €26,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Rudi Mussche

Mandate

Active

Ended mandates

Ann Huyghe

Manager

Ended
Rudi Mussche

Manager

Ended
Rudi MUSSCHE

Director

Ended
Rudi MUSSCHE

Administrator - manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/09/202409/10/202319/10/202202/11/202130/10/2020
General meeting01/06/202501/06/202420/06/202321/06/202222/06/202123/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202401/06/202530/09/2025DutchPDF
Abridged model31/12/202301/06/202430/09/2024DutchPDF
Abridged model31/12/202220/06/202309/10/2023DutchPDF
Abridged model31/12/202121/06/202219/10/2022DutchPDF
Abridged model31/12/202022/06/202102/11/2021DutchPDF
Abridged model31/12/201923/06/202030/10/2020DutchPDF
Abridged model31/12/201801/06/201907/10/2019DutchPDF
Abridged model31/12/201701/06/201831/07/2018DutchPDF
Abridged model31/12/201601/06/201726/09/2017DutchPDF
Abridged model31/12/201501/06/201630/09/2016DutchPDF
Abridged model31/12/201401/06/201523/07/2015DutchPDF
Abridged model31/12/201301/06/201431/07/2014DutchPDF
Abridged model31/12/201201/06/201331/07/2013DutchPDF
Abridged model31/12/201101/06/201231/07/2012DutchPDF
Abridged model31/12/201001/06/201108/08/2011DutchPDF
Abridged model31/12/200901/06/201030/07/2010DutchPDF
Abridged model31/12/200801/06/200927/07/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Rudi Mussche

Mandate

Active

Ended mandates

Ann Huyghe

Manager

Ended
Rudi Mussche

Manager

Ended
Rudi MUSSCHE

Director

Ended
Rudi MUSSCHE

Administrator - manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Other02/09/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202457,2 k €↓
  2. 2023
    Annual accounts 202364,8 k €↑
  3. 2022
    Annual accounts 202262,6 k €↑
  4. 2021
    Annual accounts 202125,7 k €↑
  5. 2020
    Annual accounts 202023,9 k €↓
  6. 2019
    Annual accounts 201931,2 k €↓
  7. 2018
    Annual accounts 201869,1 k €↑
  8. 2017
    Annual accounts 201747,7 k €↓
  9. 2016
    Annual accounts 2016126 k €↑
  10. 2015
    Annual accounts 201577,3 k €↑
  11. 2014
    Annual accounts 201463,5 k €↑
  12. 2013
    Annual accounts 201347,8 k €↓
  13. 2012
    Annual accounts 201255,6 k €↓
  14. 2011
    Annual accounts 201168,2 k €↑
  15. 2010
    Annual accounts 201059,9 k €↓
  16. 2009
    Annual accounts 200981 k €↑
  17. 2008
    Annual accounts 200838,2 k €
  18. 29/08/2008
    IncorporationPrivate limited company