ACTIVE

Racing Management

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Financial year 2025 · closed on 31/12/2025

Net result

94,1 k €

-5.4% YoY

Gross margin

195,2 k €

-4.3% YoY

Equity

660,5 k €

+12.8% YoY

Workforce

0,0 ETP

What does Racing Management do?

Racing Management is a Private limited company incorporated in 2008. Its main activity is: Activities of sports clubs. Its registered office is in Pelt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.054.830

Incorporation

18/01/2008

Legal form

Private limited company

Registered office

Venderstraat(SHL) 1
3910 Pelt · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

93129Activities of sports clubs· main 93129Activities of sports clubs 68201Rental and operating of own or leased real estate 73110Advertising agencies 73110Advertising agencies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	195,2 k €	-4.3%	203,9 k €	-20.6%	256,7 k €	+25.4%	204,8 k €	+15.0%	178 k €	+50.7%	118,1 k €	+54.1%	76,6 k €	-50.2%	154 k €	+66.3%	92,6 k €	-14.0%	107,7 k €	+5.1%	102,5 k €	-21.5%	130,5 k €	+60.0%	81,6 k €	+54.7%	52,7 k €	-32.8%	78,4 k €	-38.2%	127 k €	+10.5%	114,9 k €	+20.4%	95,4 k €
EBITDA	180,8 k €	-3.3%	186,9 k €	-22.8%	242 k €	+19.9%	201,9 k €	+14.9%	175,7 k €	+52.0%	115,6 k €	+94.8%	59,3 k €	-60.3%	149,3 k €	+65.3%	90,4 k €	-13.6%	104,6 k €	+6.8%	98 k €	-24.5%	129,7 k €	+60.6%	80,8 k €	+55.8%	51,9 k €	-33.3%	77,7 k €	-38.1%	125,6 k €	+10.0%	114,2 k €	+20.1%	95,1 k €
Operating result	156,6 k €	-0.2%	157 k €	-11.2%	176,8 k €	-1.8%	180,1 k €	+13.1%	159,2 k €	+53.8%	103,5 k €	+114%	48,5 k €	-66.2%	143,3 k €	+143%	58,9 k €	-10.9%	66,1 k €	+1.9%	64,9 k €	-42.7%	113,3 k €	+73.7%	65,3 k €	+52.3%	42,8 k €	-44.2%	76,8 k €	-38.4%	124,6 k €	+10.2%	113,1 k €	+20.4%	94 k €
Net result	94,1 k €	-5.4%	99,5 k €	-2.9%	102,4 k €	-33.5%	154,1 k €	+63.9%	94 k €	+57.8%	59,6 k €	+213%	19 k €	-77.9%	86,2 k €	+288%	22,2 k €	-71.2%	77,1 k €	+82.6%	42,2 k €	-27.8%	58,5 k €	+171%	21,6 k €	-11.6%	24,4 k €	-49.0%	47,8 k €	-36.4%	75,2 k €	+21.7%	61,8 k €	+61.2%	38,3 k €
Balance sheet
Equity	660,5 k €	+12.8%	585,4 k €	+2.3%	572,1 k €	+16.3%	491,9 k €	+0.5%	489,5 k €	+23.8%	395,4 k €	+0.3%	394,3 k €	+5.1%	375,3 k €	-20.0%	469,1 k €	+5.0%	446,9 k €	+20.8%	369,8 k €	+12.9%	327,6 k €	+21.7%	269,1 k €	+0.6%	267,6 k €	+10.0%	243,2 k €	+24.5%	195,3 k €	+62.6%	120,1 k €	+106%	58,3 k €
Total assets	1,1 M €	+6.0%	1 M €	+2.7%	1 M €	+20.3%	842,7 k €	-14.7%	988,3 k €	-0.8%	996,2 k €	+22.4%	814,1 k €	-7.8%	883,1 k €	-3.2%	911,9 k €	+10.2%	827,8 k €	+16.8%	708,9 k €	+3.2%	686,6 k €	+19.1%	576,3 k €	+4.9%	549,5 k €	-3.3%	568,3 k €	-7.1%	612 k €	+7.0%	571,8 k €	-8.0%	621,7 k €
Cash	193,8 k €	+31.7%	147,1 k €	-23.2%	191,5 k €	-60.6%	485,8 k €	+217%	153,1 k €	-27.2%	210,2 k €	+41.0%	149,1 k €	-27.2%	204,8 k €	-34.1%	310,7 k €	+0.4%	309,4 k €		–		31,1 k €	+17.9%	26,4 k €	+198%	8,9 k €	-79.6%	43,5 k €	-60.2%	109,1 k €	+436%	20,4 k €	+90.6%	10,7 k €
Debts	442,2 k €	-2.8%	454,9 k €	+3.1%	441,3 k €	+29.0%	342 k €	-30.3%	490,5 k €	-17.4%	594,1 k €	+43.7%	413,4 k €	-16.6%	495,6 k €	+15.9%	427,6 k €	+16.8%	365,9 k €	+12.5%	325,2 k €	+1.9%	319,2 k €	+8.6%	293,8 k €	+6.2%	276,6 k €	-14.9%	325 k €	-21.0%	411,5 k €	-8.9%	451,6 k €	-19.8%	563,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Werner Daemen

Director · since 17 janvier 2008

Active

Ended mandates

Werner Daemen

Director · since 17 janvier 2018

Ended

Werner Daemen

Director · since 18 janvier 2008

Ended

Werner Daemen

Manager · since 18 janvier 2008

Ended

Annual accounts

Full financial information

	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	30/06/2026	30/06/2025	12/08/2024	31/08/2023	31/08/2022	30/09/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	31/08/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	30/06/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	01/06/2024	12/08/2024	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	17/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	31/08/2021	30/09/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	29/10/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	15/09/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	31/08/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Werner Daemen

Director · since 17 janvier 2008

Active

Ended mandates

Werner Daemen

Director · since 17 janvier 2018

Ended

Werner Daemen

Director · since 18 janvier 2008

Ended

Werner Daemen

Manager · since 18 janvier 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2018
KAPITAAL - AANDELEN
PDF
Capital / shares21/01/2014
KAPITAAL - AANDELEN
PDF
Other22/01/2008
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

2025
Annual accounts 202594,1 k €↓
2024
Annual accounts 202499,5 k €↓
2023
Annual accounts 2023102,4 k €↓
2022
Annual accounts 2022154,1 k €↑
2021
Annual accounts 202194 k €↑
2020
Annual accounts 202059,6 k €↑
2019
Annual accounts 201919 k €↓
2018
Annual accounts 201886,2 k €↑
2017
Annual accounts 201722,2 k €↓
2016
Annual accounts 201677,1 k €↑
2015
Annual accounts 201542,2 k €↓
2014
Annual accounts 201458,5 k €↑
2013
Annual accounts 201321,6 k €↓
2012
Annual accounts 201224,4 k €↓
2011
Annual accounts 201147,8 k €↓
2010
Annual accounts 201075,2 k €↑
2009
Annual accounts 200961,8 k €↑
2008
Annual accounts 200838,3 k €
18/01/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Racing Management

Overview

What does Racing Management do?

Trend over 18 financial years

Indicative valuation

Board of directors

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