Financials
Financial year 2025
EUROPEAN LUIGI RACING from Comblain-au-Pont, company number BE0446042523, closed financial year 2025 with a result of € 3,721 after tax. For that financial year EUROPEAN LUIGI RACING recorded a gross margin of € 16,451 and equity of € 252,573. Compared with financial year 2024, the result moved from € 748 to € 3,721. 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 July 10, 2026.
€ 252,573
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,721
▲ € 2,972 vs 2024
Profit after tax over the fiscal year.
€ 94,100
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 187,573.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,684
▲ 137% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,216
▲ 294% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,332 | € 29,135 | € 12,562 | € 16,451 | ▲ 31% |
| Profit after taxes | € 12,446 | € 17,792 | € 748 | € 3,721 | ▲ € 2,972 |
| Equity | € 230,312 | € 248,104 | € 248,852 | € 252,573 | ▲ 1% |
| Total debts | € 6,589 | € 20,665 | € 10,116 | € 22,452 | ▲ 122% |
| Cash | € 74,140 | € 79,149 | € 86,975 | € 94,100 | ▲ 8% |
| Land & buildings | € 16,638 | € 22,488 | € 32,984 | € 27,433 | ▼ 17% |
| Retained profit | € 165,312 | € 183,104 | € 183,852 | € 187,573 | ▲ 2% |
| Bank debt | € 98 | € 0 | € 647 | € 0 | ▼ 100% |
| Balance sheet total | € 236,901 | € 268,768 | € 258,968 | € 275,025 | ▲ 6% |
Key figures of EUROPEAN LUIGI RACING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EUROPEAN LUIGI RACING?
What happened at EUROPEAN LUIGI RACING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean VANDEGHEN stepped down as director. NBB
- Marc VANDEGHEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,721 (▲ € 2,972 vs 2024). Source: NBB ↗
- Jean VANDEGHEN became a director. NBB
- Marc VANDEGHEN became a director. NBB
- New establishment in Comblain-au-Pont. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,446 profit in 2022 to € 3,721 profit in 2025.
Best year ever: 2023, with € 17,792 profit.
Management
Directors
According to the 2025 annual accounts
Jean VANDEGHEN
Director
since 2023 · until 2029
Marc VANDEGHEN
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue de la Bovîre 37
4170 Comblain-au-Pont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.042.523
- VAT number
- BE 0446.042.523
- Registered office
- Rue de la Bovîre 37, 4170 Comblain-au-Pont
- Names & denominations
- EUROPEAN LUIGI RACING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1992
- Peppol
- Active · Active since 30 Jan 2026
- Activities · NACE
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