What does AD & RACE do?

AD & RACE is an IT company in Namur. Private Limited, started on 27 December 2017, 1 establishment.

What is the address of AD & RACE?

The registered office of AD & RACE is located at Allée de Néris(WP) 21, 5100 Namur.

Is AD & RACE still active?

Yes. According to the CBE (30 September 2026) AD & RACE is active, legal situation “Normale toestand”, started on 27 December 2017.

Is AD & RACE registered on Peppol?

Yes, AD & RACE is registered on the Peppol network with ID 0208:0686856109.

What is the enterprise number of AD & RACE?

The enterprise number of AD & RACE is BE0686856109.

When was AD & RACE founded?

AD & RACE was founded on 27 December 2017.

Who are the directors of AD & RACE?

According to the 2024 annual accounts, the directors of AD & RACE are: Frédéric MONFORT.

Is AD & RACE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 December 2017; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did AD & RACE make in 2024?

AD & RACE posted a profit after taxes of € 47,203 in financial year 2024.

What is the revenue of AD & RACE?

As a small company, AD & RACE is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 99,284.

AD & RACE (Private Limited) - Namur - BE0686856109

Dossier AD & RACE, printed on 30 September 2026 from databakkes.be/en/0686856109/ad-race. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

AD & RACE from Namur, company number BE0686856109, closed financial year 2024 with a result of € 47,203 after tax. For that financial year AD & RACE recorded a gross margin of € 99,284 and equity of € 79,397. Compared with financial year 2023, the result moved from € 2,070 to € 47,203. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.

What it is worth Healthy

€ 79,397

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

Profit Growing

€ 47,203

▲ € 45,133 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 40,200

▲ 48% vs 2023

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

Where the profit goes Pays out

€ 47,500 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 68,108

▼ 24% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 5 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.

€ 117,076

▼ 17% vs 2023

€ 25,192 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 4,243

▼ 38% vs 2023

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

Taxes and wages

€ 38,534

▲ 104% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 58,106 Gross margin 2021: € 58,106 First fiscal year in the series	€ 115,816 Gross margin 2022: € 115,816 ▲ 99% vs 2021 (€ 58,106) Favourable step	€ 59,252 Gross margin 2023: € 59,252 ▼ 49% vs 2022 (€ 115,816) Unfavourable step	€ 99,284 Gross margin 2024: € 99,284 ▲ 68% vs 2023 (€ 59,252) Favourable step	▲ 68%
Profit after taxes	€ 1,738 Profit after taxes 2021: € 1,738 First fiscal year in the series	€ 53,859 Profit after taxes 2022: € 53,859 ▲ € 52,121 vs 2021 (€ 1,738) Favourable step	€ 2,070 Profit after taxes 2023: € 2,070 ▼ 96% vs 2022 (€ 53,859) Unfavourable step	€ 47,203 Profit after taxes 2024: € 47,203 ▲ € 45,133 vs 2023 (€ 2,070) Favourable step	▲ € 45,133
Equity	€ 64,366 Equity 2021: € 64,366 First fiscal year in the series	€ 93,225 Equity 2022: € 93,225 ▲ 45% vs 2021 (€ 64,366) Favourable step	€ 79,695 Equity 2023: € 79,695 ▼ 15% vs 2022 (€ 93,225) Unfavourable step	€ 79,397 Equity 2024: € 79,397 Unchanged (€ 79,695) Unfavourable step
Total debts	€ 77,640 Total debts 2021: € 77,640 First fiscal year in the series	€ 212,662 Total debts 2022: € 212,662 ▲ 174% vs 2021 (€ 77,640) Unfavourable step	€ 167,826 Total debts 2023: € 167,826 ▼ 21% vs 2022 (€ 212,662) Favourable step	€ 201,127 Total debts 2024: € 201,127 ▲ 20% vs 2023 (€ 167,826) Unfavourable step	▲ 20%
Cash	€ 23,969 Cash 2021: € 23,969 First fiscal year in the series	€ 43,515 Cash 2022: € 43,515 ▲ 82% vs 2021 (€ 23,969) Favourable step	€ 27,099 Cash 2023: € 27,099 ▼ 38% vs 2022 (€ 43,515) Unfavourable step	€ 40,200 Cash 2024: € 40,200 ▲ 48% vs 2023 (€ 27,099) Favourable step	▲ 48%
Land & buildings	-	€ 104,131 Land & buildings 2022: € 104,131 First fiscal year in the series	€ 96,770 Land & buildings 2023: € 96,770 ▼ 7% vs 2022 (€ 104,131) Unchanged	€ 84,573 Land & buildings 2024: € 84,573 ▼ 13% vs 2023 (€ 96,770) Unchanged	▼ 13%
Retained profit	€ 45,766 Retained profit 2021: € 45,766 First fiscal year in the series	€ 74,625 Retained profit 2022: € 74,625 ▲ 63% vs 2021 (€ 45,766) Favourable step	€ 61,095 Retained profit 2023: € 61,095 ▼ 18% vs 2022 (€ 74,625) Unfavourable step	€ 60,797 Retained profit 2024: € 60,797 Unchanged (€ 61,095) Unfavourable step
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 25,000 Dividend 2022: € 25,000 Unchanged (€ 0) Unchanged	€ 15,600 Dividend 2023: € 15,600 ▼ 38% vs 2022 (€ 25,000) Unchanged	€ 47,500 Dividend 2024: € 47,500 ▲ 204% vs 2023 (€ 15,600) Unchanged	▲ 204%
Bank debt	€ 41,370 Bank debt 2021: € 41,370 First fiscal year in the series	€ 158,850 Bank debt 2022: € 158,850 ▲ 284% vs 2021 (€ 41,370) Unfavourable step	€ 141,865 Bank debt 2023: € 141,865 ▼ 11% vs 2022 (€ 158,850) Favourable step	€ 117,076 Bank debt 2024: € 117,076 ▼ 17% vs 2023 (€ 141,865) Favourable step	▼ 17%
Balance sheet total	€ 142,006 Balance sheet total 2021: € 142,006 First fiscal year in the series	€ 305,887 Balance sheet total 2022: € 305,887 ▲ 115% vs 2021 (€ 142,006) Unchanged	€ 247,521 Balance sheet total 2023: € 247,521 ▼ 19% vs 2022 (€ 305,887) Unchanged	€ 280,524 Balance sheet total 2024: € 280,524 ▲ 13% vs 2023 (€ 247,521) Unchanged	▲ 13%

Key figures of AD & RACE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to AD & RACE?

What happened at AD & RACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2025 New annual accounts for financial year 2024: profit of € 47,203 (▲ € 45,133 vs 2023). filed late Source: NBB ↗
Jan 1, 2018 New establishment in Chaumont-Gistoux. KBO
Dec 27, 2017 Start of the company according to the CBE. KBO

In short

From € 1,738 profit in 2021 to € 47,203 profit in 2024.

Paid € 32,407 in corporate taxes since 2021.

Best year ever: 2022, with € 53,859 profit.

Paid out € 88,100 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at AD & RACE? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Frédéric MONFORT

AD & RACE

Behind AD & RACE is Frédéric MONFORT.

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Directors

According to the 2024 annual accounts

Frédéric MONFORT

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Allée de Néris(WP) 21

5100 Namur

2.271.126.722

Avenue des Marnières, Dion-V. 12

1325 Chaumont-Gistoux

Active since 1 January 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

NOUVEAUX ETABLISSEMENTS FONTENELLE

€ -3,386 gross margin · 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0686.856.109

VAT number

BE 0686.856.109

Registered office

Allée de Néris(WP) 21, 5100 Namur

Names & denominations

AD & RACE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 December 2017

Peppol

Active · Active since 28 Dec 2025

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

AD & RACE

Financials

What happened to AD & RACE?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions