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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Annual account missing NBB
Fiscal year 2024 was expected before 30 January 2025 and has not been filed.
Financials
Financial year 2023
Racing Club Gent from Gent, company number BE0431133920, closed financial year 2023 with a result of € -240,051 after tax. For that financial year Racing Club Gent recorded a gross margin of € 332,284 and equity of € 209,102. Compared with financial year 2022, the result moved from € 92,770 to € -240,051. The company made a loss. The buffer shrank hard: equity is 53 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2023.
€ 209,102
▼ 53% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,051
▼ still € 92,770 profit in 2022
Profit after tax over the fiscal year.
€ 170,391
▼ 63% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
€ 564,731
▲ 44% vs 2022
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 2023
None
No bank loans on the last day of the fiscal year.
€ 9,698
▲ 105% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 463,167 | € 332,284 | ▼ 28% |
| Profit after taxes | € 92,770 | € -240,051 | ▼ € 332,821 |
| Equity | € 449,153 | € 209,102 | ▼ 53% |
| Total debts | € 36,756 | € 39,639 | ▲ 8% |
| Cash | € 459,962 | € 170,391 | ▼ 63% |
| Retained profit | € 449,153 | € 209,102 | ▼ 53% |
| Balance sheet total | € 485,908 | € 248,741 | ▼ 49% |
Key figures of Racing Club Gent, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to Racing Club Gent?
What happened at Racing Club Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 240,051 (▼ € 332,821 vs 2022). Source: NBB ↗
- Lucas Algoed stepped down as director. NBB
- Wouter Georges stepped down as director. NBB
- Luc Vande Moortel stepped down as director. NBB
- Lucas Algoed became a director. NBB
- Wouter Georges became a director. NBB
- Luc Vande Moortel became a director. NBB
- New establishment in Gent. KBO
In short
From € 92,770 profit in 2022 to € 240,051 loss in 2023.
Best year ever: 2022, with € 92,770 profit.
Management
Directors
According to the 2023 annual accounts
Lucas Algoed
Director
since 2022 · until 2023
Wouter Georges
Director
since 2021 · until 2023
since 2021 · until 2023
Establishments
Establishment units
Physical locations of this company
Eikstraat 85A
9041 Gent
Eikstraat 85 box A
9041 Gent
Active since 28 August 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.133.920
- VAT number
- BE 0431.133.920
- Registered office
- Eikstraat 85A, 9041 Gent
- Names & denominations
- Racing Club Gent · Racing Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 8 April 1987
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- krcgent.be
- Activities · NACE
Activiteiten van sportclubs en -bonden
Activiteiten van voetbalclubs
Exploitatie van sportaccommodaties
Beheer en exploitatie van sportcentra
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Kantines
Overige eetgelegenheden