EURO-TRAK
ActiveSummary
EURO-TRAK has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,335 and a net result of €6,118. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+6
Solvency100▲+12
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 29.38 against 2.7 in 2024; short-term debt: 3.4% and cash: 6% of total assets), and 3.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.6%
Return on assets
2.7%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
5 d early
2023
5 d early
2022
3 d early
2021
5 d early
2020
7 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 25 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€222,335▲ 2.8%
2024 · €216,218
Total assets
€230,169▼ 33.0%
2024 · €343,448
Net result
€6,118▲ 358%
2024 · €1,336
Working capital
€222,335▲ 2.8%
2024 · €216,218
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€411▲ 85.8%-€476▼ 15.8%-€4,178▼ 779%€2,287€6,250▲ 173%
Net result-€2,701below the sector's middle half-€601below the sector's middle half▲ 77.8%-€4,325below the sector's middle half▼ 620%€1,336within the sector's middle half€6,118within the sector's middle half▲ 358%
Equity€238,164within the sector's middle half▼ 28.0%€219,207within the sector's middle half▼ 8.0%€214,881within the sector's middle half▼ 2.0%€216,218within the sector's middle half▲ 0.6%€222,335within the sector's middle half▲ 2.8%
Total assets€340,546below the sector's middle half▼ 8.4%€242,161below the sector's middle half▼ 28.9%€245,235below the sector's middle half▲ 1.3%€343,448below the sector's middle half▲ 40.0%€230,169below the sector's middle half▼ 33.0%
Debt€102,382▲ 150%€22,954▼ 77.6%€30,354▲ 32.2%€127,231▲ 319%€7,833▼ 93.8%
Working capital€238,164within the sector's middle half▼ 28.0%€219,207within the sector's middle half▼ 8.0%€214,881within the sector's middle half▼ 2.0%€216,218within the sector's middle half▲ 0.6%€222,335within the sector's middle half▲ 2.8%
Solvency69.9%above the sector's middle half▼ 19.0pp90.5%above the sector's middle half▲ 20.6pp87.6%above the sector's middle half▼ 2.9pp63.0%within the sector's middle half▼ 24.7pp96.6%above the sector's middle half▲ 33.6pp
Current ratio3.33above the sector's middle half▼ 5.7510.55above the sector's middle half▲ 7.228.08above the sector's middle half▼ 2.472.70within the sector's middle half▼ 5.3829.38above the sector's middle half▲ 26.68
Return on assets (ROA)-0.8%below the sector's middle half▼ 0.8pp-0.2%below the sector's middle half▲ 0.5pp-1.8%below the sector's middle half▼ 1.5pp0.4%within the sector's middle half▲ 2.2pp2.7%within the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 173% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €230,169
Equity
€222,335 ▲ 2.8%
Debt
€7,833 ▼ 93.8%
Debt's share of the balance-sheet total falls from 37.0% to 3.4%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.04▼
2024 · 0.59
ROE
2.8%▲
2024 · 0.6%
Debt ≤ 1 year
€7,833▼
2024 · €127,231
Income taxes
€0▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€3,390 | - | - | - | - | - |
| Other operating charges640/8 | €4,659 | €525 | €541 | €800 | €595 | ▼ 25.6% |
| Gross operating margin9900 | €858 | €50 | -€3,637 | €3,087 | €6,846 | ▲ 122% |
| Operating profit (loss)9901 | -€411 | -€476 | -€4,178 | €2,287 | €6,250 | ▲ 173% |
| Financial income75/76B | - | - | - | €1 | €1 | ▲ 69.0% |
| Recurring financial income75 | - | - | - | €1 | €1 | ▲ 69.0% |
| Financial charges65/66B | €447 | €125 | €147 | €951 | €134 | ▼ 86.0% |
| Recurring financial charges65 | €447 | €125 | €147 | €951 | €134 | ▼ 86.0% |
| Profit (loss) for the period before taxes9903 | -€857 | -€601 | -€4,325 | €1,337 | €6,118 | ▲ 358% |
| Income taxes67/77 | €1,844 | - | - | €0 | €0 | ▲ 76.5% |
| Profit (loss) for the period9904 | -€2,701 | -€601 | -€4,325 | €1,336 | €6,118 | ▲ 358% |
| Transfer from tax-exempt reserves789 | €8,527 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €5,825 | -€601 | -€4,325 | €1,336 | €6,118 | ▲ 358% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €340,546 | €242,161 | €245,235 | €343,448 | €230,169 | ▼ 33.0% |
| Current assets29/58 | €340,546 | €242,161 | €245,235 | €343,448 | €230,169 | ▼ 33.0% |
| Stocks and contracts in progress3 | - | - | - | €45,401 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €45,401 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €240,928 | €137,187 | €238,893 | €286,305 | €216,305 | ▼ 24.4% |
| Trade receivables40 | €7,572 | €5,000 | €5,000 | €52,729 | €5,000 | ▼ 90.5% |
| Other amounts receivable41 | €233,356 | €132,187 | €233,893 | €233,577 | €211,305 | ▼ 9.5% |
| Cash at bank and in hand54/58 | €99,618 | €104,974 | €6,342 | €11,742 | €13,864 | ▲ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €340,546 | €242,161 | €245,235 | €343,448 | €230,169 | ▼ 33.0% |
| Equity10/15 | €238,164 | €219,207 | €214,881 | €216,218 | €222,335 | ▲ 2.8% |
| Contributions10/11 | €29,747 | €29,747 | €29,747 | €29,747 | €29,747 | = |
| Reserves13 | €208,417 | €189,460 | €185,134 | €186,471 | €192,588 | ▲ 3.3% |
| Non-distributable reserves130/1 | €2,975 | €2,975 | €2,975 | €0 | - | - |
| Reserves not available under the articles1311 | €2,975 | €2,975 | €2,975 | €0 | - | - |
| Distributable reserves133 | €205,442 | €186,485 | €182,160 | €186,471 | €192,588 | ▲ 3.3% |
| Amounts payable17/49 | €102,382 | €22,954 | €30,354 | €127,231 | €7,833 | ▼ 93.8% |
| Amounts payable within one year42/48 | €102,382 | €22,954 | €30,354 | €127,231 | €7,833 | ▼ 93.8% |
| Trade debts44 | - | €3,025 | €3,025 | €50,062 | €2,469 | ▼ 95.1% |
| Suppliers440/4 | - | €3,025 | €3,025 | €50,062 | €2,469 | ▼ 95.1% |
| Taxes, remuneration and social security45 | €5,854 | €1,282 | €918 | €0 | - | - |
| Taxes450/3 | €5,854 | €1,282 | €918 | €0 | - | - |
| Other amounts payable47/48 | €96,528 | €18,647 | €26,411 | €77,168 | €5,364 | ▼ 93.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,701 | -€601 | -€4,325 | €1,336 | €6,118 | ▲ 358% |
| Operating cash flow (approximation) | -€2,701 | -€601 | -€4,325 | €1,336 | €6,118 | ▲ 358% |
| Change in cash | - | €5,355 | -€98,631 | €5,400 | €2,122 | ▼ 60.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €6,118 ▲358%
Operating result €6,250, net result €6,118, both a record.
30-09
Financial
Liquidity times 11current ratio 29.38
Current ratio from 2.70 to 29.38; short-term debt falls from €127,231 to €7,833.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €1,336
Net result €1,336 after 3 loss-making years.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€4,325
Net result drops to -€4,325, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity triplescurrent ratio 10.55
Current ratio from 3.33 to 10.55; short-term debt falls from €102,382 to €22,954.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity doublescurrent ratio 9.07
Current ratio from 4.27 to 9.07; short-term debt falls from €101,088 to €40,950.
Show earlier events
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2000
Ground area
2,449 m²
Building footprint
304 m²
Volume, LiDAR
1,951 m³
Parcel 13018F1368/00S000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
EURO TRAK / Rubbertracks.be
since 20002.097.123.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018F1368/00S000 | Flanders | 2,449 m² | 1 · 304 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 388 companies in sector 46630 we hold annual accounts for 278. 194 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-01-2000
Fiscal year end30-09
Activities, NACEBEL 2025
46630Wholesale trade
33120Repair and maintenance of machinery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0470169490
Also
9925:BE0470169490
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.