Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Koninklijke Racing Club Mechelen from Mechelen, company number BE0406598264, closed financial year 2025 with a result of € -367,753 after tax. For that financial year Koninklijke Racing Club Mechelen recorded a gross margin of € 177,632 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -382,184 to € -367,753. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -1.6 million
▼ € 401,086 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -367,753
▲ 4 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,285
▲ € 26,597 vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 412,626
▲ 1% vs 2024
€ 56,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.6 million
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 177,067
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,109
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 245,660 | € 154,025 | € 153,931 | € 177,632 | ▲ 15% |
| Profit after taxes | € -191,287 | € -311,486 | € -382,184 | € -367,753 | ▲ € 14,431 |
| Equity | € -468,205 | € -813,011 | € -1,228,514 | € -1,629,601 | ▼ € 401,086 |
| Total debts | € 964,737 | € 1,237,797 | € 1,636,305 | € 1,980,305 | ▲ 21% |
| Cash | € 52,366 | € 10,400 | € 2,688 | € 29,285 | ▲ € 26,597 |
| Land & buildings | € 357,134 | € 321,915 | € 286,695 | € 251,462 | ▼ 12% |
| Retained profit | € -813,079 | € -1,124,565 | € -1,506,749 | € -1,874,502 | ▼ € 367,753 |
| Bank debt | € 572,704 | € 872,362 | € 1,281,969 | € 1,567,398 | ▲ 22% |
| Balance sheet total | € 496,531 | € 424,786 | € 407,790 | € 350,704 | ▼ 14% |
| Employees (FTE) | 5.6 | 6.1 | 7 | 7.3 | ▲ 0.3 |
Key figures of Koninklijke Racing Club Mechelen, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Koninklijke Racing Club Mechelen?
What happened at Koninklijke Racing Club Mechelen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 367,753. Source: NBB ↗
- Nick Van Reydt became a director. NBB
- Michel Vanstallen became a director. NBB
- François De Keersmaecker became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,287 loss in 2022 to € 367,753 loss in 2025.
On average € 24,300 of value added per employee in 2025.
A new publication or filing at Koninklijke Racing Club Mechelen? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Koninklijke Racing Club Mechelen are Nick Van Reydt, Michel Vanstallen and François De Keersmaecker. Michel Vanstallen is also behind SERVANTIS, FIPROMAT, GILSON'S, Sint - Anna - Center and IMOYA. François De Keersmaecker is also behind FRAN and MAHLA.
Directors
According to the 2025 annual accounts
Nick Van Reydt
Director
since 2019
Michel Vanstallen
Director
Also active at: SERVANTIS, FIPROMAT, GILSON'S, Sint - Anna - Center, IMOYA, BRYNAERT INVEST - BRYNVEST, NOVARES, YOKA +22 more
since 2019
Establishments
Establishment units
Physical locations of this company
Oscar Van Kesbeeckstraat 43
2800 Mechelen
Oscar Van Kesbeeckstraat ZN
2800 Mechelen
Active since 9 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.598.264
- VAT number
- BE 0406.598.264
- Registered office
- Oscar Van Kesbeeckstraat 43, 2800 Mechelen
- Names & denominations
- Koninklijke Racing Club Mechelen
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 June 1969
- Peppol
- Active · Active since 6 Aug 2026
- Activities · NACE
Activiteiten van voetbalclubs
Activiteiten van sportclubs en -bonden
Exploitatie van sportaccommodaties
Beheer en exploitatie van sportcentra