Financials
Financial year 2025
K. RACING CLUB GENK 322 from Genk, company number BE0434825462, closed financial year 2025 with a result of € 9.2 million after tax. For that financial year K. RACING CLUB GENK 322 recorded revenue of € 33.5 million and equity of € 62.4 million. Compared with financial year 2024, the result moved from € -15.2 million to € 9.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.
€ 62.4 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.2 million
▲ still € 15.2 million loss in 2024
Profit after tax over the fiscal year.
€ 3.5 million
▲ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
175.3
▲ 8.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 53.5 million
▲ 13% vs 2024
€ 305,400 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.
€ 896,420
▲ 262% vs 2024
Of which on lease € 689,619.
Debts at end 2025
€ 8.9 million
▲ 266% vs 2024
€ 189,555 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 15.1 million
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 273 days on average.
€ 1.7 million
▼ 90% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,747,903 | € 28,290,740 | € 35,392,328 | € 33,515,090 | ▼ 5% |
| Profit after taxes | € -3,824,420 | € 261,279 | € -15,199,217 | € 9,167,383 | ▲ € 24.4 million |
| Equity | € 68,187,538 | € 68,423,817 | € 53,224,601 | € 62,391,984 | ▲ 17% |
| Total debts | € 15,456,643 | € 31,045,259 | € 55,308,733 | € 35,629,186 | ▼ 36% |
| Cash | € 5,960,601 | € 3,441,342 | € 2,695,687 | € 3,500,316 | ▲ 30% |
| Land & buildings | € 4,313,557 | € 4,722,022 | € 5,145,546 | € 4,822,199 | ▼ 6% |
| Retained profit | € 68,018,409 | € 68,279,688 | € 53,080,471 | € 62,247,855 | ▲ 17% |
| Bank debt | € 333,634 | € 213,351 | € 2,436,503 | € 8,919,010 | ▲ 266% |
| Balance sheet total | € 83,894,181 | € 101,219,076 | € 110,935,083 | € 102,229,325 | ▼ 8% |
| Employees (FTE) | 124.5 | 154.8 | 166.8 | 175.3 | ▲ 8.5 |
Key figures of K. RACING CLUB GENK 322, 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 K. RACING CLUB GENK 322?
What happened at K. RACING CLUB GENK 322 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Lormans stepped down as director. NBB
- Jan Truijen stepped down as director. NBB
- Herman Nijs stepped down as director. NBB
- Mathieu Cilissen stepped down as director. NBB
- Peter Croonen stepped down as director. NBB
- Roland Reynders stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9.2 million. Source: NBB ↗
- Luc Lormans became a director. NBB
In short
From € 3.8 million loss in 2022 to € 9.2 million profit in 2025.
Paid € 15.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 9.2 million profit.
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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
It owns 96% of KRC Genk Horeca & Events itself.
Directors
According to the 2025 annual accounts
Luc Lormans
Director
Also active at: VOKA - Kamer van Koophandel Limburg, Eazer Facility, DIMACOM, AVANCE MATCHING PROFESSIONALS, Itzu Home, Certimvest, ITZU REAL ESTATE, YourWork +3 more
since 2023 · until 2029
since 2023 · until 2029
Herman Nijs
Director
Also active at: A.C. CONSULTING, Shopping Lanaken, HELA, UNIC TESSO, HEMANI, NIMA, KERIM, GLOBE RETAIL +5 more
since 2023 · until 2029
Mathieu Cilissen
Vice-chairman of the board
Also active at: KRC GENK HORECA & EVENTS, ADVOCATENKANTOOR CILISSEN MATHIEU
since 2023 · until 2029
Peter Croonen
Chairman of the board
Also active at: BIO-RACING HOLDING, ANTENOR PAYMENT SYSTEMS, BIO - RACER, Cosign, TRACS IMMO, Z.I.M., KRC GENK HORECA & EVENTS, Tracs Systems +16 more
since 2023 · until 2029
Roland Reynders
Director
Also active at: ACCOUNTANTSKANTOOR REYNDERS, Accountantskantoor Reynders & Co
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Stadionplein 4
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0434.825.462
- VAT number
- BE 0434.825.462
- Registered office
- Stadionplein 4, 3600 Genk
- Names & denominations
- K. RACING CLUB GENK 322 · KRC GENK
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 July 1988
- Peppol
- Active · Active since 6 Aug 2025
- Activities · NACE
Activiteiten van sportclubs en -bonden
Activiteiten van voetbalclubs
Beheer en exploitatie van sportcentra
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Exploitatie van sportaccommodaties
Kantines
Overige eetgelegenheden