What does L.O. RACING do?

L.O. RACING is registered with the CBE as active in: Onderhoud en reparatie van auto's. Private Limited, started on 1 February 1999, 1 establishment.

What is the address of L.O. RACING?

The registered office of L.O. RACING is located at Avenue Franklin 5, 1300 Wavre.

Is L.O. RACING still active?

Yes. According to the CBE (29 October 2026) L.O. RACING is active, legal situation “Normale toestand”, started on 1 February 1999.

Is L.O. RACING registered on Peppol?

Yes, L.O. RACING is registered on the Peppol network with ID 0208:0465362349.

What is the enterprise number of L.O. RACING?

The enterprise number of L.O. RACING is BE0465362349.

When was L.O. RACING founded?

L.O. RACING was founded on 1 February 1999.

Who are the directors of L.O. RACING?

According to the 2025 annual accounts, the directors of L.O. RACING are: Olivia BOUTSEN, Olivier LAINE.

Is L.O. RACING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 February 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did L.O. RACING make in 2025?

L.O. RACING recorded a loss after taxes of € 3,423,624 in financial year 2025.

What is the revenue of L.O. RACING?

As a small company, L.O. RACING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -2,151,563.

How much does an employee at L.O. RACING earn?

The average wage cost per full-time employee at L.O. RACING was € 60,300 in 2025: staff costs of € 500,836 for 8.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does L.O. RACING have?

According to the 2025 annual accounts, L.O. RACING has 8.3 full-time equivalents (FTE).

Does L.O. RACING have a website?

Yes, L.O. RACING has a website at flybike.be.

L.O. RACING (Private Limited) - Wavre - BE0465362349

Dossier L.O. RACING, printed on 29 October 2026 from databakkes.be/en/0465362349/l-o-racing. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

L.O. RACING from Wavre, company number BE0465362349, closed financial year 2025 with a result of € -3.4 million after tax. For that financial year L.O. RACING recorded a gross margin of € -2.2 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -2.6 million to € -3.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Healthy

€ 1.2 million

▼ 26% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3.4 million

▼ 30 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.4 million

▲ 206% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -7.5 million.

People and assets in 2025

Full-time equivalents

8.3

▲ 2.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 500,836

▲ 66% vs 2024

€ 60,300 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.

Vehicles and equipment

€ 1.3 million

▼ 5% vs 2024

Of which on lease € 92,479.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 67,739

▼ 26% vs 2024

€ 23,779 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 156,287

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 78,205

▲ 91% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 405,035 Gross margin 2022: € 405,035 First fiscal year in the series	€ -652,138 Gross margin 2023: € -652,138 ▼ € 1.1 million vs 2022 (€ 405,035) Unfavourable step	€ -1,607,094 Gross margin 2024: € -1,607,094 ▼ € 954,955 vs 2023 (€ -652,138) Unfavourable step	€ -2,151,563 Gross margin 2025: € -2,151,563 ▼ € 544,469 vs 2024 (€ -1,607,094) Unfavourable step	▼ € 544,469
Profit after taxes	€ -53,612 Profit after taxes 2022: € -53,612 First fiscal year in the series	€ -1,530,661 Profit after taxes 2023: € -1,530,661 ▼ € 1.5 million vs 2022 (€ -53,612) Unfavourable step	€ -2,636,254 Profit after taxes 2024: € -2,636,254 ▼ € 1.1 million vs 2023 (€ -1,530,661) Unfavourable step	€ -3,423,624 Profit after taxes 2025: € -3,423,624 ▼ € 787,370 vs 2024 (€ -2,636,254) Unfavourable step	▼ € 787,370
Equity	€ 115,718 Equity 2022: € 115,718 First fiscal year in the series	€ 3,685,057 Equity 2023: € 3,685,057 ▲ € 3.6 million vs 2022 (€ 115,718) Favourable step	€ 1,648,802 Equity 2024: € 1,648,802 ▼ 55% vs 2023 (€ 3,685,057) Unfavourable step	€ 1,225,178 Equity 2025: € 1,225,178 ▼ 26% vs 2024 (€ 1,648,802) Unfavourable step	▼ 26%
Total debts	€ 1,888,778 Total debts 2022: € 1,888,778 First fiscal year in the series	€ 1,252,619 Total debts 2023: € 1,252,619 ▼ 34% vs 2022 (€ 1,888,778) Favourable step	€ 1,175,734 Total debts 2024: € 1,175,734 ▼ 6% vs 2023 (€ 1,252,619) Favourable step	€ 3,131,521 Total debts 2025: € 3,131,521 ▲ 166% vs 2024 (€ 1,175,734) Unfavourable step	▲ 166%
Cash	€ 616,258 Cash 2022: € 616,258 First fiscal year in the series	€ 864,453 Cash 2023: € 864,453 ▲ 40% vs 2022 (€ 616,258) Favourable step	€ 781,443 Cash 2024: € 781,443 ▼ 10% vs 2023 (€ 864,453) Unfavourable step	€ 2,389,173 Cash 2025: € 2,389,173 ▲ 206% vs 2024 (€ 781,443) Favourable step	▲ 206%
Retained profit	€ 97,126 Retained profit 2022: € 97,126 First fiscal year in the series	€ -1,433,535 Retained profit 2023: € -1,433,535 ▼ € 1.5 million vs 2022 (€ 97,126) Unfavourable step	€ -4,069,790 Retained profit 2024: € -4,069,790 ▼ € 2.6 million vs 2023 (€ -1,433,535) Unfavourable step	€ -7,493,414 Retained profit 2025: € -7,493,414 ▼ € 3.4 million vs 2024 (€ -4,069,790) Unfavourable step	▼ € 3.4 million
Bank debt	€ 207,036 Bank debt 2022: € 207,036 First fiscal year in the series	€ 80,691 Bank debt 2023: € 80,691 ▼ 61% vs 2022 (€ 207,036) Favourable step	€ 91,012 Bank debt 2024: € 91,012 ▲ 13% vs 2023 (€ 80,691) Unfavourable step	€ 67,739 Bank debt 2025: € 67,739 ▼ 26% vs 2024 (€ 91,012) Favourable step	▼ 26%
Balance sheet total	€ 2,009,267 Balance sheet total 2022: € 2,009,267 First fiscal year in the series	€ 4,937,864 Balance sheet total 2023: € 4,937,864 ▲ 146% vs 2022 (€ 2,009,267) Unchanged	€ 2,824,536 Balance sheet total 2024: € 2,824,536 ▼ 43% vs 2023 (€ 4,937,864) Unchanged	€ 4,356,699 Balance sheet total 2025: € 4,356,699 ▲ 54% vs 2024 (€ 2,824,536) Unchanged	▲ 54%
Employees (FTE)	4.2 Employees (FTE) 2022: 4.2 First fiscal year in the series	4.9 Employees (FTE) 2023: 4.9 ▲ 0.7 vs 2022 (4.2) Unchanged	5.6 Employees (FTE) 2024: 5.6 ▲ 0.7 vs 2023 (4.9) Unchanged	8.3 Employees (FTE) 2025: 8.3 ▲ 2.7 vs 2024 (5.6) Unchanged	▲ 2.7

Key figures of L.O. 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 L.O. RACING?

What happened at L.O. RACING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2026 New annual accounts for financial year 2025: loss of € 3.4 million. Source: NBB ↗
Jul 28, 1999 New establishment in Wavre. KBO
Feb 1, 1999 Start of the company according to the CBE. KBO
1999 Olivier LAINE became a director. NBB

In short

From € 53,612 loss in 2022 to € 3.4 million loss in 2025.

Paid € 2,311 in corporate taxes since 2022.

On average € 96,400 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

Olivia BOUTSEN Olivier LAINE

L.O. RACING

Behind L.O. RACING are Olivia BOUTSEN and Olivier LAINE.

Directors

According to the 2025 annual accounts

Olivia BOUTSEN

administrateur

Olivier LAINE

Director

since 1999

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Franklin 5

1300 Wavre

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

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Website

HTTPS flybike.be

Canonical: https://www.flybike.be

Technologies

Advanced Custom FieldsLodashPWAReactWixlazysizes

Hosting & Email

Email provider

one.com Mail

Hosting

WIX_COM, IL

Website info

HTTPS Ja

Languages FR

Features

Webshop

Security

✓ HTTPS

✗ SPF

✗ DMARC

Network

✓ Load balancing

Details

Company number

0465.362.349

VAT number

BE 0465.362.349

Registered office

Avenue Franklin 5, 1300 Wavre

Names & denominations

L.O. RACING

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 February 1999

Peppol

Active · Active since 21 Oct 2026

Contact

flybike.be 0495/939684

Activities · NACE

Onderhoud en reparatie van auto's

Onderhoud en reparatie van motorvoertuigen, neg

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van motorvoertuigen, n.e.g.

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in onderdelen en accessoires van motorvoertuigen

Kleinhandel in onderdelen en accessoires van auto's

View on CBE Public ↗ Annual accounts (NBB) ↗

L.O. RACING

Warning lights

Financials

What happened to L.O. RACING?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions