What does Chronos Racing do?

Chronos Racing is filed with the CBE under the catch-all “Overige recreatie- en ontspanningsactiviteiten”. Also registered: IT company. Private Limited, started on 17 January 2019, 1 establishment.

What is the address of Chronos Racing?

The registered office of Chronos Racing is located at Sint-Niklaasstraat 17 box B, 9000 Gent.

Is Chronos Racing still active?

Yes. According to the CBE (31 October 2026) Chronos Racing is active, legal situation “Normale toestand”, started on 17 January 2019.

Is Chronos Racing registered on Peppol?

Yes, Chronos Racing is registered on the Peppol network with ID 0208:0718798902.

What is the enterprise number of Chronos Racing?

The enterprise number of Chronos Racing is BE0718798902.

When was Chronos Racing founded?

Chronos Racing was founded on 17 January 2019.

Who are the directors of Chronos Racing?

According to the 2025 annual accounts, the directors of Chronos Racing are: David VAGENENDE.

Is Chronos Racing a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 January 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Chronos Racing make in 2025?

Chronos Racing posted a profit after taxes of € 11,488 in financial year 2025.

What is the revenue of Chronos Racing?

As a small company, Chronos Racing is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 120,520.

How much does an employee at Chronos Racing earn?

The average wage cost per full-time employee at Chronos Racing was € 44,400 in 2024: staff costs of € 84,445 for 1.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Does Chronos Racing have a website?

Yes, Chronos Racing has a website at chronosracing.be.

Chronos Racing (Private Limited) - Gent - BE0718798902

Dossier Chronos Racing, printed on 31 October 2026 from databakkes.be/en/0718798902/chronos-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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Chronos Racing from Gent, company number BE0718798902, closed financial year 2025 with a result of € 11,488 after tax. For that financial year Chronos Racing recorded a gross margin of € 120,520 and equity of € -202,149. Compared with financial year 2024, the result moved from € 2,579 to € 11,488. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Caution

€ -202,149

▲ € 11,488 vs 2024

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

Profit Growing

€ 11,488

▲ € 8,910 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 67,549

▲ 209% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -252,149.

People and assets in 2025

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.

Wage cost

€ 82,994

▼ 2% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

€ 200,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 127,815

▼ 2% vs 2024

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

Taxes and wages

€ 7,509

▼ 8% 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	€ 78,852 Gross margin 2022: € 78,852 First fiscal year in the series	€ 130,251 Gross margin 2023: € 130,251 ▲ 65% vs 2022 (€ 78,852) Favourable step	€ 114,016 Gross margin 2024: € 114,016 ▼ 12% vs 2023 (€ 130,251) Unfavourable step	€ 120,520 Gross margin 2025: € 120,520 ▲ 6% vs 2024 (€ 114,016) Favourable step	▲ 6%
Profit after taxes	€ -10,526 Profit after taxes 2022: € -10,526 First fiscal year in the series	€ 17,816 Profit after taxes 2023: € 17,816 ▲ € 28,342 vs 2022 (€ -10,526) Favourable step	€ 2,579 Profit after taxes 2024: € 2,579 ▼ 86% vs 2023 (€ 17,816) Unfavourable step	€ 11,488 Profit after taxes 2025: € 11,488 ▲ € 8,910 vs 2024 (€ 2,579) Favourable step	▲ € 8,910
Equity	€ -234,032 Equity 2022: € -234,032 First fiscal year in the series	€ -216,216 Equity 2023: € -216,216 ▲ € 17,816 vs 2022 (€ -234,032) Favourable step	€ -213,637 Equity 2024: € -213,637 ▲ € 2,579 vs 2023 (€ -216,216) Favourable step	€ -202,149 Equity 2025: € -202,149 ▲ € 11,488 vs 2024 (€ -213,637) Favourable step	▲ € 11,488
Total debts	€ 443,039 Total debts 2022: € 443,039 First fiscal year in the series	€ 411,491 Total debts 2023: € 411,491 ▼ 7% vs 2022 (€ 443,039) Favourable step	€ 340,417 Total debts 2024: € 340,417 ▼ 17% vs 2023 (€ 411,491) Favourable step	€ 337,947 Total debts 2025: € 337,947 ▼ 1% vs 2024 (€ 340,417) Favourable step	▼ 1%
Cash	€ 66,597 Cash 2022: € 66,597 First fiscal year in the series	€ 74,786 Cash 2023: € 74,786 ▲ 12% vs 2022 (€ 66,597) Favourable step	€ 21,841 Cash 2024: € 21,841 ▼ 71% vs 2023 (€ 74,786) Unfavourable step	€ 67,549 Cash 2025: € 67,549 ▲ 209% vs 2024 (€ 21,841) Favourable step	▲ 209%
Retained profit	€ -284,032 Retained profit 2022: € -284,032 First fiscal year in the series	€ -266,216 Retained profit 2023: € -266,216 ▲ € 17,816 vs 2022 (€ -284,032) Favourable step	€ -263,637 Retained profit 2024: € -263,637 ▲ € 2,579 vs 2023 (€ -266,216) Favourable step	€ -252,149 Retained profit 2025: € -252,149 ▲ € 11,488 vs 2024 (€ -263,637) Favourable step	▲ € 11,488
Bank debt	€ 200,000 Bank debt 2022: € 200,000 First fiscal year in the series	€ 200,000 Bank debt 2023: € 200,000 Unchanged (€ 200,000) Unchanged	€ 200,000 Bank debt 2024: € 200,000 Unchanged (€ 200,000) Unchanged	€ 200,000 Bank debt 2025: € 200,000 Unchanged (€ 200,000) Unchanged
Balance sheet total	€ 209,007 Balance sheet total 2022: € 209,007 First fiscal year in the series	€ 195,275 Balance sheet total 2023: € 195,275 ▼ 7% vs 2022 (€ 209,007) Unchanged	€ 126,780 Balance sheet total 2024: € 126,780 ▼ 35% vs 2023 (€ 195,275) Unchanged	€ 135,798 Balance sheet total 2025: € 135,798 ▲ 7% vs 2024 (€ 126,780) Unchanged	▲ 7%
Employees (FTE)	1.3 Employees (FTE) 2022: 1.3 First fiscal year in the series	1.7 Employees (FTE) 2023: 1.7 ▲ 0.4 vs 2022 (1.3) Unchanged	1.9 Employees (FTE) 2024: 1.9 ▲ 0.2 vs 2023 (1.7) Unchanged	-

Key figures of Chronos 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 Chronos Racing?

What happened at Chronos Racing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: profit of € 11,488 (▲ € 8,910 vs 2024). filed late Source: NBB ↗
Jan 17, 2019 New establishment in Gent. KBO
Jan 17, 2019 Start of the company according to the CBE. KBO

In short

From € 10,526 loss in 2022 to € 11,488 profit in 2025.

Best year ever: 2023, with € 17,816 profit.

On average € 60,000 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

David VAGENENDE

Chronos Racing

Chronos Designs

Behind Chronos Racing is David VAGENENDE. David VAGENENDE is also behind Chronos Designs.

Directors

According to the 2025 annual accounts

David VAGENENDE

Director

Also active at: Chronos Designs

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Niklaasstraat 17 box B

9000 Gent

2.284.264.579

Sint-Niklaasstraat 17B

9000 Gent

Active since 17 January 2019

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

Website

HTTPS chronosracing.be

About

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

chronosracing.be

Registered

2019-01-07

Website info

HTTPS Ja

Languages NL

Features

Jobs Newsletter Client portal Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Details

Company number

0718.798.902

VAT number

BE 0718.798.902

Registered office

Sint-Niklaasstraat 17 bus B, 9000 Gent

Names & denominations

Chronos Racing · CRG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 January 2019

Peppol

Active · Active since 10 Jun 2025

Contact