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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
LB RACING CAR from Pecq, company number BE0761501666, closed financial year 2023 with a result of € -44,204 after tax. For that financial year LB RACING CAR recorded a gross margin of € -161 and equity of € -65,466. Compared with financial year 2022, the result moved from € -13,273 to € -44,204. The company made a loss. 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 December 3, 2024.
€ -65,466
▼ € 44,204 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,204
▼ 233 % more loss than in 2022
Profit after tax over the fiscal year.
€ 7,054
▼ 67% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -68,966.
People and assets in 2023
€ 39,835
▲ 87% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,842
▼ 37% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 80,794
▲ 36% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 20,617
▲ 195% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -5,673 | € 10,508 | € -161 | ▼ € 10,669 |
| Profit after taxes | € -11,488 | € -13,273 | € -44,204 | ▼ € 30,931 |
| Equity | € -7,988 | € -21,261 | € -65,466 | ▼ € 44,204 |
| Total debts | € 39,213 | € 72,129 | € 115,334 | ▲ 60% |
| Cash | € 14,235 | € 21,125 | € 7,054 | ▼ 67% |
| Retained profit | € -11,488 | € -24,761 | € -68,966 | ▼ € 44,204 |
| Balance sheet total | € 31,224 | € 50,868 | € 49,868 | ▼ 2% |
Key figures of LB RACING CAR, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to LB RACING CAR?
What happened at LB RACING CAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
LB RACING CAR is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 44,204. filed late Source: NBB ↗
- New establishment in Pecq. KBO
- Start of the company according to the CBE. KBO
- Luc BLOCKMANS became a director. NBB
- Axel BLOCKMANS became a director. NBB
In short
From € 11,488 loss in 2021 to € 44,204 loss in 2023.
Management
Behind LB RACING CAR are Luc BLOCKMANS and Axel BLOCKMANS.
Directors
According to the 2023 annual accounts
Luc BLOCKMANS
Director
since 2021
Axel BLOCKMANS
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de l'Escalette(PEC) 1
7740 Pecq
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0761.501.666
- VAT number
- BE 0761.501.666
- Registered office
- Rue de l'Escalette(PEC) 1, 7740 Pecq
- Names & denominations
- LB RACING CAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 January 2021
- Peppol
- Not registered
- Activities · NACE
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