Equity Belgium 190 investors Tax Shelter applicable

Tax Shelter

Everything about trailrunning
Pre money valuation
Equity offered
Amount raised
Committed by co-investors
0 days
Minimum target
167% funded
This campaign has been closed

Historical accounts

The company was established in November 2016. Commercial activity in 2017 was very limited.

Download BETRAIL Bilan 31.12.2017.pdf

Financial plan

The 3-year financial plan, developed by company’s management, is presented here below:

Revenue drivers

- Registration service: 12% market share by September 2019, 6% margin on trail registration price (benchmark with competitors: ultrasignup, milepakr, eventbrite).

- advertising on the site: 1 c€ per view for each of the 10 advertising sites on the site, growth until 750k sessions per month in September 2020.

- Reports/data sales: annual turnover proportional to the number of indexed runners by betrail, 5c€ per runner.

Financial tables

Download 20180613_FinancialPlan_Betrail.xlsx

Break even volume

The Break even volume is estimated to be 540,000€ of annual turnover.


This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…