Race time, MB - financials and debts

Company age: 34 y. 4 mo.

Update

Race time - Company finances

EUR
2019
From: 2019-01-01
To: 2019-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 12,207 7,112 3,730
Profit before tax -3,590 -631 -185
Net profit -3,590 -631 -185
Equity 18,601 290 105
Liabilities - 2,610 8,133
Non-current assets 20,163 1,195 633
Current assets 4,899 1,705 7,605
Total assets 25,062 2,900 8,238
Taxes paid
STI taxes - 1,027 715
Financial indicators
Revenue change y/y - - -47.6%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -14.3% -21.8% -2.2%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -19.3% -217.6% -176.2%
Profit margin Net profit margin. Shows the overall profitability of the company. -29.4% -8.9% -5.0%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -29.4% -8.9% -5.0%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - 9.0 77.5
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 8,719 - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Race time - Social security debts

The company had no debts to Sodra

Race time - VMI tax arrears

From To Overdue, €
2024-11-01 2024-11-23 0.08

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Race time, MB (code 152507454) is a small partnership operating in amusement and recreation activities n.e.c. In the latest financial year, 2025, the company generated €3.7K in revenue, down from €7.1K in 2024, showing a clear decline in turnover. It reported a net loss of €185 in 2025, which was smaller than the €631 loss recorded a year earlier, and the profit margin remained negative at -5.0%. The balance sheet expanded materially: total assets increased to €8.2K from €2.9K, supported mainly by short-term assets of €7.6K, while long-term assets were €633. Equity was only €105 at year-end 2025, compared with liabilities of €8.1K, indicating a very limited capital buffer and a heavily debt-funded structure. Revenue per employee stood at €1.9K and profit per employee at -€92, reflecting a small operating scale and continued pressure on profitability.