I.R.E.C. INTERNATIONAL RACETRACK EQUIPMENT COMPANY
0867.460.211 · rovalta.com · 27/09/2026
I.R.E.C. INTERNATIONAL RACETRACK EQUIPMENT COMPANY
Financial year 2021 · Closed on 31/12/2021
Overview
Identity
Source · BCE/KBOI.R.E.C. INTERNATIONAL RACETRACK EQUIPMENT COMPANY is a Private company with limited liability incorporated in 2004. Its main activity is: Activities of head offices. Its registered office is in Raeren.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0867.460.211
- Incorporation
- 23/09/2004
- Legal form
- Private company with limited liability
- Registered office
- Bergstrasse 4C
4730 Raeren · WallonieSee on map - Contributed capital
- 12 400,00 €
- Latest accounts
- 31/12/2021
Financials
Source · NBB, 16 filingsTrend over 16 financial years
| 2021 | 2020 | 2019 | 2018 | 2017 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 2,3 k € | +1273% | -192,2 € | +91.1% | -2,2 k € | -727% | 344,2 € | +23678% | -1,5 € |
| EBITDA | 2,3 k € | +1273% | -192,2 € | +91.8% | -2,3 k € | -1462% | 171,3 € | +425% | -52,7 € |
| Operating result | 2,3 k € | +1273% | -192,2 € | +91.8% | -2,3 k € | -1462% | 171,3 € | +133% | -525 € |
| Net result | 7,2 k € | +8.1% | 6,6 k € | +114% | 3,1 k € | -42.7% | 5,4 k € | +945% | -640,8 € |
| Balance sheet | |||||||||
| Equity | 84,8 k € | +9.2% | 77,6 k € | +9.3% | 71 k € | +4.6% | 67,9 k € | +8.7% | 62,5 k € |
| Total assets | 86,8 k € | +8.9% | 79,7 k € | +9.2% | 73 k € | +4.5% | 69,9 k € | +8.4% | 64,5 k € |
| Cash | 2,7 k € | +144% | 1,1 k € | +534% | 173,5 € | -96.9% | 5,7 k € | +315% | 1,4 k € |
| Debts | 2,1 k € | -2.7% | 2,1 k € | +3.5% | 2 k € | +2.1% | 2 k € | 0.0% | 2 k € |
Valuation
Indicative valuation
As an indication, this company is worth
Board of directors
Source · NBB, accounts to 31/12/20211 active · 2 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Eberhard Tilke | Manager | since 09/10/2007 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Eberhard Tilke | Manager | since 08/10/2007 |
Karl Meyer | Manager | since 16/09/2004 |
Financials
Full financial information
Source · NBB| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 | 01/01/2016 |
| Closing of the financial year | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 | 31/12/2016 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/12/2022 | 25/03/2022 | 09/11/2020 | 27/09/2019 | 27/09/2018 | 22/08/2017 |
| General meeting | 07/02/2022 | 06/02/2021 | 06/02/2020 | 06/02/2019 | 06/02/2018 | 06/02/2017 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2021 | 07/02/2022 | 22/12/2022 | German | |
| Micro model | 31/12/2020 | 06/02/2021 | 25/03/2022 | German | |
| Micro model | 31/12/2019 | 06/02/2020 | 09/11/2020 | German | |
| Micro model | 31/12/2018 | 06/02/2019 | 27/09/2019 | German | |
| Micro model | 31/12/2017 | 06/02/2018 | 27/09/2018 | German | |
| Micro model | 31/12/2016 | 06/02/2017 | 22/08/2017 | German | |
| Abridged model | 31/12/2015 | 06/02/2016 | 15/09/2016 | German | |
| Abridged model | 31/12/2014 | 06/02/2015 | 06/07/2015 | German | |
| Abridged model | 31/12/2013 | 06/02/2014 | 10/12/2014 | German | |
| Abridged model | 31/12/2012 | 06/02/2013 | 27/08/2013 | German | |
| Abridged model | 31/12/2011 | 06/02/2012 | 09/07/2012 | German | |
| Abridged model | 31/12/2010 | 07/02/2011 | 07/07/2011 | German | |
| Abridged model | 31/12/2009 | 06/02/2010 | 08/10/2010 | German | |
| Abridged model | 31/12/2008 | 16/02/2009 | 13/10/2009 | German | |
| Abridged model | 31/12/2007 | 16/02/2008 | 07/08/2008 | German | |
| Abridged model | 31/12/2006 | 16/02/2007 | 19/10/2007 | German |
Valuation
Indicative valuation
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.
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20211 active · 2 ended
Active mandates
| Director | Function | Mandate |
|---|---|---|
Eberhard Tilke | Manager | since 09/10/2007 |
Ended mandates
| Director | Function | Mandate |
|---|---|---|
Eberhard Tilke | Manager | since 08/10/2007 |
Karl Meyer | Manager | since 16/09/2004 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2021Annual accounts 20217,2 k €↑
- 2021Name changeI.R.E.C
- 2020Annual accounts 20206,6 k €↑
- 2019Annual accounts 20193,1 k €↓
- 2018Annual accounts 20185,4 k €↑
- 2017Annual accounts 2017-640,8 €↓
- 2016Annual accounts 20164,2 k €↓
- 2015Annual accounts 20154,3 k €↑
- 2014Annual accounts 20143,9 k €↑
- 2013Annual accounts 2013-1,7 k €↑
- 2012Annual accounts 2012-4,9 k €↑
- 2011Annual accounts 2011-6,5 k €↓
- 2010Annual accounts 20102,3 k €↑
- 2009Annual accounts 2009-9,3 k €↑
- 2008Annual accounts 2008-10,2 k €↓
- 2007Annual accounts 2007-8,1 k €↑
- 2006Annual accounts 2006-18 k €
- 23/09/2004IncorporationPrivate company with limited liability
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Bergstrasse 4C, 4730 RaerenCurrent | CBE, tracked since 27/09/2026 | CBE |
| Bergstrasse 4 C, 4730 Raeren | accounts 2021 | Accounts 2021 · 2022-20543617 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| I.R.E.C. INTERNATIONAL RACETRACK EQUIPMENT COMPANYCurrent | CBE, tracked since 27/09/2026 | CBE |
| I.R.E.C | accounts 2021 | Accounts 2021 · 2022-20543617 |
| I.R.E.C. INTERNATIONAL RACETRACK EQUIPMENT COMPANY | accounts 2006 → 2020 | Accounts 2020 · 2022-08600377 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.