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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
The Karting Company from Gent, company number BE0600997152, closed financial year 2025 with a result of € 163,004 after tax. For that financial year The Karting Company recorded a gross margin of € 872,086 and equity of € 273,787. Compared with financial year 2024, the result moved from € 13,952 to € 163,004. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 273,787
▲ 147% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,004
▲ € 149,051 vs 2024
Profit after tax over the fiscal year.
€ 82,184
▼ 38% 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 € -436,213.
People and assets in 2025
11.4
▲ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 490,305
▲ 56% vs 2024
€ 43,000 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.
€ 46,861
▼ 62% vs 2024
Of which on lease € 7,824.
Debts at end 2025
€ 279,963
▲ 77% vs 2024
€ 71,171 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 239,299
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,545
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 620,232 | € 741,812 | € 459,585 | € 872,086 | ▲ 90% |
| Profit after taxes | € -904,667 | € 126,187 | € 13,952 | € 163,004 | ▲ € 149,051 |
| Equity | € -709,356 | € 96,831 | € 110,783 | € 273,787 | ▲ 147% |
| Total debts | € 1,502,849 | € 354,324 | € 424,012 | € 618,429 | ▲ 46% |
| Cash | € 222,341 | € 90,905 | € 132,678 | € 82,184 | ▼ 38% |
| Retained profit | € -739,356 | € -613,169 | € -599,217 | € -436,213 | ▲ € 163,004 |
| Bank debt | € 336,476 | € 204,884 | € 158,028 | € 279,963 | ▲ 77% |
| Balance sheet total | € 793,493 | € 451,155 | € 534,795 | € 892,216 | ▲ 67% |
| Employees (FTE) | 7 | 7 | 6.5 | 11.4 | ▲ 4.9 |
Key figures of The Karting Company, 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 April 2027.
What happened to The Karting Company?
What happened at The Karting Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 163,004 (▲ € 149,051 vs 2024). Source: NBB ↗
- Just Consulting BV became a director. NBB
- MRC BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 904,667 loss in 2022 to € 163,004 profit in 2025.
Paid € 649 in corporate taxes since 2022.
Best year ever: 2025, with € 163,004 profit.
On average € 76,500 of value added per employee in 2025.
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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
The stake of L.I.P., O'Learys Gent comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The Karting CompanyBehind The Karting Company are Just Consulting BV and MRC BV. The shares are held by L.I.P. (100%) and O'Learys Gent (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jurgen Staels
Also active at: O'Learys Gent, O'Learys Hasselt
since 2024
since 2024
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dok-Noord 7 box 201
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0600.997.152
- VAT number
- BE 0600.997.152
- Registered office
- Dok-Noord 7 bus 201, 9000 Gent
- Names & denominations
- The Karting Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2015
- Peppol
- Active · Active since 31 Jul 2024
- Activities · NACE
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