What does RACE WORLD HOLDING do?

RACE WORLD HOLDING is an estate agency in Malmedy. Public Limited, started on 2 August 2019, 1 establishment.

What is the address of RACE WORLD HOLDING?

The registered office of RACE WORLD HOLDING is located at Baugnez-Route de Luxembourg 16, 4960 Malmedy.

Is RACE WORLD HOLDING still active?

Yes. According to the CBE (29 October 2026) RACE WORLD HOLDING is active, legal situation “Normale toestand”, started on 2 August 2019.

Is RACE WORLD HOLDING registered on Peppol?

Yes, RACE WORLD HOLDING is registered on the Peppol network with ID 0208:0731818280.

What is the enterprise number of RACE WORLD HOLDING?

The enterprise number of RACE WORLD HOLDING is BE0731818280.

When was RACE WORLD HOLDING founded?

RACE WORLD HOLDING was founded on 2 August 2019.

Who are the directors of RACE WORLD HOLDING?

According to the 2025 annual accounts, the directors of RACE WORLD HOLDING are: Michel BODARWE.

Is RACE WORLD HOLDING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 August 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did RACE WORLD HOLDING make in 2025?

RACE WORLD HOLDING posted a profit after taxes of € 47,109 in financial year 2025.

What is the revenue of RACE WORLD HOLDING?

As a small company, RACE WORLD HOLDING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 227,546.

RACE WORLD HOLDING (Public Limited) - Malmedy

Dossier RACE WORLD HOLDING, printed on 29 October 2026 from databakkes.be/en/0731818280/race-world-holding. 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.

Busy address KBO

11 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

RACE WORLD HOLDING from Malmedy, company number BE0731818280, closed financial year 2025 with a result of € 47,109 after tax. For that financial year RACE WORLD HOLDING recorded a gross margin of € 227,546 and equity of € 268,608. Compared with financial year 2024, the result moved from € 81,612 to € 47,109. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Growing

€ 268,608

▲ 21% vs 2024

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

Profit Healthy

€ 47,109

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 157,496

▲ € 120,914 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 € 168,608.

Debts at end 2025

Bank debt ≈ 10 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.

€ 1.1 million

▲ 82% vs 2024

€ 112,100 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 169,350

▲ € 149,663 vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 173,899 Gross margin 2022: € 173,899 First fiscal year in the series	€ 93,627 Gross margin 2023: € 93,627 ▼ 46% vs 2022 (€ 173,899) Unfavourable step	€ 150,110 Gross margin 2024: € 150,110 ▲ 60% vs 2023 (€ 93,627) Favourable step	€ 227,546 Gross margin 2025: € 227,546 ▲ 52% vs 2024 (€ 150,110) Favourable step	▲ 52%
Profit after taxes	€ 112,024 Profit after taxes 2022: € 112,024 First fiscal year in the series	€ 40,215 Profit after taxes 2023: € 40,215 ▼ 64% vs 2022 (€ 112,024) Unfavourable step	€ 81,612 Profit after taxes 2024: € 81,612 ▲ 103% vs 2023 (€ 40,215) Favourable step	€ 47,109 Profit after taxes 2025: € 47,109 ▼ 42% vs 2024 (€ 81,612) Unfavourable step	▼ 42%
Equity	€ 99,672 Equity 2022: € 99,672 First fiscal year in the series	€ 139,887 Equity 2023: € 139,887 ▲ 40% vs 2022 (€ 99,672) Favourable step	€ 221,499 Equity 2024: € 221,499 ▲ 58% vs 2023 (€ 139,887) Favourable step	€ 268,608 Equity 2025: € 268,608 ▲ 21% vs 2024 (€ 221,499) Favourable step	▲ 21%
Total debts	€ 799,294 Total debts 2022: € 799,294 First fiscal year in the series	€ 708,919 Total debts 2023: € 708,919 ▼ 11% vs 2022 (€ 799,294) Favourable step	€ 624,845 Total debts 2024: € 624,845 ▼ 12% vs 2023 (€ 708,919) Favourable step	€ 1,252,622 Total debts 2025: € 1,252,622 ▲ 100% vs 2024 (€ 624,845) Unfavourable step	▲ 100%
Cash	€ 118,687 Cash 2022: € 118,687 First fiscal year in the series	€ 32,704 Cash 2023: € 32,704 ▼ 72% vs 2022 (€ 118,687) Unfavourable step	€ 36,582 Cash 2024: € 36,582 ▲ 12% vs 2023 (€ 32,704) Favourable step	€ 157,496 Cash 2025: € 157,496 ▲ € 120,914 vs 2024 (€ 36,582) Favourable step	▲ € 120,914
Land & buildings	€ 731,000 Land & buildings 2022: € 731,000 First fiscal year in the series	€ 790,050 Land & buildings 2023: € 790,050 ▲ 8% vs 2022 (€ 731,000) Unchanged	€ 783,605 Land & buildings 2024: € 783,605 ▼ 1% vs 2023 (€ 790,050) Unchanged	€ 1,337,160 Land & buildings 2025: € 1,337,160 ▲ 71% vs 2024 (€ 783,605) Unchanged	▲ 71%
Retained profit	€ -328 Retained profit 2022: € -328 First fiscal year in the series	€ 39,887 Retained profit 2023: € 39,887 ▲ € 40,215 vs 2022 (€ -328) Favourable step	€ 121,499 Retained profit 2024: € 121,499 ▲ 205% vs 2023 (€ 39,887) Favourable step	€ 168,608 Retained profit 2025: € 168,608 ▲ 39% vs 2024 (€ 121,499) Favourable step	▲ 39%
Bank debt	€ 715,686 Bank debt 2022: € 715,686 First fiscal year in the series	€ 656,146 Bank debt 2023: € 656,146 ▼ 8% vs 2022 (€ 715,686) Favourable step	€ 595,211 Bank debt 2024: € 595,211 ▼ 9% vs 2023 (€ 656,146) Favourable step	€ 1,081,033 Bank debt 2025: € 1,081,033 ▲ 82% vs 2024 (€ 595,211) Unfavourable step	▲ 82%
Balance sheet total	€ 898,966 Balance sheet total 2022: € 898,966 First fiscal year in the series	€ 848,805 Balance sheet total 2023: € 848,805 ▼ 6% vs 2022 (€ 898,966) Unchanged	€ 846,344 Balance sheet total 2024: € 846,344 Unchanged (€ 848,805) Unchanged	€ 1,521,230 Balance sheet total 2025: € 1,521,230 ▲ 80% vs 2024 (€ 846,344) Unchanged	▲ 80%

Key figures of RACE WORLD HOLDING, 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 RACE WORLD HOLDING?

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

Jul 6, 2026 New annual accounts for financial year 2025: profit of € 47,109 (▼ 42% vs 2024). Source: NBB ↗
2026 Michel BODARWE stepped down as director. NBB
2020 Michel BODARWE became a director. NBB
Aug 2, 2019 New establishment in Malmedy. KBO
Aug 2, 2019 Start of the company according to the CBE. KBO

In short

From € 112,024 profit in 2022 to € 47,109 profit in 2025.

Paid € 51,594 in corporate taxes since 2022.

Best year ever: 2022, with € 112,024 profit.

Original PDFs at the National Bank ↗

Management

FIBO 100%

The stake of FIBO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

RACE WORLD HOLDING

The shares are held by FIBO (100%).

Directors

According to the 2025 annual accounts

Michel BODARWE

Director

Also active at: Boreta, A. DETHIER, BODARWE CARRIERES, BODARWE, PROBEMAL, SOGIMAL, PIERRE DE WAIMES, CARRIERES SCHAUSS +8 more

since 2020 · until 2026

Shareholders

FIBO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Baugnez-Route de Luxembourg 16

4960 Malmedy

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.

All companies at this address →

Boreta same network

€ 2.2 million gross margin · 2025

A. DETHIER same network

€ 13,774 gross margin · 2025

BODARWE CARRIERES same network

€ 1.9 million gross margin · 2025

PROBEMAL same network

€ 1.5 million gross margin · 2025

PIERRE DE WAIMES same network

€ 269,828 gross margin · 2025

+6 more

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

Details

Company number

0731.818.280

VAT number

BE 0731.818.280

Registered office

Baugnez-Route de Luxembourg 16, 4960 Malmedy

Names & denominations

RACE WORLD HOLDING

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 August 2019

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige sportactiviteiten, neg

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

RACE WORLD HOLDING

Warning lights

Financials

What happened to RACE WORLD HOLDING?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions