Financials
Financial year 2025
Le Circuit de Spa Francorchamps from Stavelot, company number BE0833629678, closed financial year 2025 with a result of € 630,704 after tax. For that financial year Le Circuit de Spa Francorchamps recorded revenue of € 20.7 million and equity of € 42.9 million. Compared with financial year 2024, the result moved from € 2 million to € 630,704. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 42.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 630,704
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 4 million
▼ 24% 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 € -7.5 million.
People and assets in 2025
43.7
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▼ 3% vs 2024
€ 87,300 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.
€ 218,224
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.6 million
▼ 10% vs 2024
€ 4.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2.1 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 766,152
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,289,679 | € 17,216,176 | € 19,300,290 | € 20,653,771 | ▲ 7% |
| Profit after taxes | € -1,363,432 | € 179,745 | € 2,026,677 | € 630,704 | ▼ 69% |
| Equity | € 33,301,506 | € 40,397,898 | € 42,353,707 | € 42,933,611 | ▲ 1% |
| Total debts | € 49,912,856 | € 43,315,915 | € 40,437,012 | € 36,630,229 | ▼ 9% |
| Cash | € 8,778,651 | € 8,718,752 | € 5,272,826 | € 3,990,188 | ▼ 24% |
| Land & buildings | € 57,996,228 | € 58,574,158 | € 59,267,099 | € 58,254,190 | ▼ 2% |
| Retained profit | € -10,354,894 | € -10,175,149 | € -8,148,472 | € -7,517,768 | ▲ € 630,704 |
| Bank debt | € 44,256,049 | € 39,012,303 | € 35,997,090 | € 32,574,302 | ▼ 10% |
| Balance sheet total | € 84,012,571 | € 84,463,813 | € 83,540,719 | € 80,000,840 | ▼ 4% |
| Employees (FTE) | 39.3 | 40.2 | 42.7 | 43.7 | ▲ 1 |
Key figures of Le Circuit de Spa Francorchamps, 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 Le Circuit de Spa Francorchamps?
What happened at Le Circuit de Spa Francorchamps in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gilles MOUYARD stepped down as director. NBB
- Yoann FREDERIC stepped down as director. NBB
- Emilie MASSIN stepped down as director. NBB
- Willy DEFLYS stepped down as director. NBB
- Sophie DELETTRE stepped down as director. NBB
- Alda GREOLI stepped down as director. NBB
- Michelle HABETS stepped down as director. NBB
- Fabien LEGROS stepped down as director. NBB
In short
From € 1.4 million loss in 2022 to € 630,704 profit in 2025.
Paid € 104,327 in corporate taxes since 2022.
Best year ever: 2024, with € 2 million profit.
Pays suppliers within 76 days on average.
A new publication or filing at Le Circuit de Spa Francorchamps? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Gilles MOUYARD
Director
Also active at: ASSOCIATION INTERCOMMUNALE DE SANTE DE LA BASSE-SAMBRE, Le Foyer Namurois, European Commercial Organisation, GROUPE NAMUROIS D'INVESTISSEMENT
since 2023 · until 2030
Yoann FREDERIC
Auditor
since 2024 · until 2030
Pierre LEONARD
Director
since 2017 · until 2025
Nicolas REYNDERS
Government commissioner
since 2024 · until 2029
since 2023 · until 2030
Willy DEFLYS
Director
since 2017 · until 2030
Thomas RULMONT
Director
since 2023 · until 2025
Sophie DELETTRE
Director
Also active at: SOCIETE WALLONNE DES EAUX, CENTRE D'ACCUEIL LES HEURES CLAIRES, SOCIETE PUBLIQUE DE GESTION DE L'EAU, Agence locale pour l'Emploi de Spa
since 2017 · until 2030
Alda GREOLI
Director
since 2025 · until 2030
Sabine MAHY
Director
since 2023 · until 2025
Michelle HABETS
Director
since 2025 · until 2030
Pol FLAMEND
Government commissioner
since 2024 · until 2029
Fabien LEGROS
Director
since 2025 · until 2030
François LEPOT
Director
since 2023 · until 2025
Sébastien DURIEUX
Director
Also active at: ESPACE FINANCEMENT, SOCIETE MIXTE DE DEVELOPPEMENT IMMOBILIER, Durobor Real Estate, SOCIETE DES CAUTIONS MUTUELLES DE WALLONIE, SPA GRAND PRIX
since 2023 · until 2030
Thierry De BOURNONVILLE
Director
Also active at: Espaces Tourisme & Culture, Régie communale autonome de Stavelot
since 2017 · until 2025
Laurent LOUYET
Vice-chairman of the board
Also active at: LOUYET LIEGE, Louyet Verviers, LOUYET WAVRE, GARAGE THIRY SPRL, LA DYLE BIKE, LOUYET NAMA, LOUYET OVERIJSE, LOUYET MARIEMBOURG +27 more
since 2025 · until 2030
Melchior WATHELET
Chairman of the board
since 2017 · until 2030
Aline PIERRE
Director
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Route du Circuit 55
4970 Stavelot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0833.629.678
- VAT number
- BE 0833.629.678
- Registered office
- Route du Circuit 55, 4970 Stavelot
- Names & denominations
- Le Circuit de Spa Francorchamps
- Enterprise type
- Rechtspersoon
- Legal form
- Naamloze vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 9 February 2011
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- spa-francorchamps.be
- Activities · NACE
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