Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VS Racing from Hasselt, company number BE0848847988, closed financial year 2025 with a result of € 1,381 after tax. For that financial year VS Racing recorded a gross margin of € 10,510 and equity of € 4,842. Compared with financial year 2024, the result moved from € -389 to € 1,381. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 4,842
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,381
▲ still € 389 loss in 2024
Profit after tax over the fiscal year.
€ 74,252
▲ 161% 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 € -70,158.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,625
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,874
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 392 | € -64 | € 519 | € 10,510 | ▲ € 9,991 |
| Profit after taxes | € -1,204 | € -1,713 | € -389 | € 1,381 | ▲ € 1,770 |
| Equity | € -19,437 | € -21,150 | € 3,461 | € 4,842 | ▲ 40% |
| Total debts | € 27,574 | € 22,583 | € 35,000 | € 221,383 | ▲ € 186,383 |
| Cash | € 8,137 | € 1,433 | € 28,461 | € 74,252 | ▲ 161% |
| Retained profit | € -69,437 | € -71,150 | € -71,539 | € -70,158 | ▲ € 1,381 |
| Balance sheet total | € 8,137 | € 1,433 | € 38,461 | € 226,225 | ▲ € 187,764 |
Key figures of VS 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 VS Racing?
What happened at VS Racing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,381. Source: NBB ↗
- Gregory Stevens became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,204 loss in 2022 to € 1,381 profit in 2025.
Best year ever: 2025, with € 1,381 profit.
Management
The stake of GREVIC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VS RacingBehind VS Racing is Gregory Stevens. The shares are held by GREVIC (100%).
Directors
According to the 2025 annual accounts
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Scheepvaartplein 32 box 7.01
3500 Hasselt
Scheepvaartlaan 32 box 7.01
3500 Hasselt
Active since 20 September 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.847.988
- VAT number
- BE 0848.847.988
- Registered office
- Scheepvaartplein 32 bus 7.01, 3500 Hasselt
- Names & denominations
- VS Racing
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2012
- Peppol
- Active · Active since 4 Jun 2025
- Activities · NACE
Activiteiten van overige sportclubs
Overige vormen van onderwijs
Overige sportactiviteiten, neg
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Activiteiten van reclamebureaus
Activiteiten van zelfstandig werkende sportbeoefenaars
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)