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GITRAX

Active Private limited companyfounded 1994active for 32 yearsZwepenstraat 2, 2460 KasterleeKBO/BCE: BE 0452.482.729
GITRAX
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Overview

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €477,981 (2024)
€456,802▼ 4.4%
lowest -€99,991 (2008)
€210,719▼ 13.3%
peak €1.1m (2025)
€1.1m▲ 9.0%
€720,620▲ 43.2%
peak 3.3 FTE (2006)
1 FTEunchanged
Board1 name since 2021
1 directorGEERTS Danny Jozef Paula
Documentsfilings and deeds
03-06-202658 days before the deadline
2025abbreviated format
Dividend €118,104Debts from €503,102 to €720,620Investments €168,094

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 9.0%

GITRAX has made a profit without a break since 2009.

Turnover

≈ €2.3m estimated

The abbreviated format states no turnover.

Debts

€720,620 ▲ 43.2%
Suppliers
+75,200
Financial debts
+72,194
Other debts
+37,956
The rest
+32,168

Debts rose by €217,518 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€168,094 2.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 14.2% higher than in 2024.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 2 to 58 days before the end of the period.

Position in the sector

€210,719

Higher net result than 83% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.

Checked score

97
Excellent
Financially stronger than 72% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

86-6equity 60.9% of total assets
79-2short-term debt 19.3% · cash 27.6%
83-6return on assets 11.4%

Score breakdown

lowers risk
Liquidity: current ratio 3.20, cash €509,828
Founded in 1994
Equity €1.1m (60.9% of total assets)
Size: 1 FTE, total assets €1.8m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 67% of them on solvency, 82% on liquidity, 77% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as GITRAX has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GITRAX itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for GITRAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.2 (4.92 in 2024), above the usual 1.5. Short-term debt is 19.3% and cash 27.6% of total assets. 39.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.20, cash €509,828
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.1m (60.9% of total assets)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
2 days early
2023
28 days early
2022
4 days early
2021
29 days early
2020
30 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GD
GEERTS Danny Jozef Paula
Director
Board & ownership

Recent changes

Change of role: GEERTS Danny Jozef Paula, from statutory manager to director “Het vervoer voor rekening van derden,zowel nationaal als internationaal,per spoor,te water,langs de weg en de…” (deed in Dutch) · General meeting of 04-12-2023 · Gazette deed
First establishment Prijstraat 2, Kasterlee
Incorporation published on 06-05-1994 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
GITRAX Kasterlee €1.8m €456,802 60.9% 1
KEMCO Dison €1.5m €472,684 60.9% 1.4
GROUP WUYTS Aartselaar €1.6m €500,467 22.3% 0
AUTOBANDEN V.R. Kontich €2.4m €618,852 14.5% 2.8
VARIUS Geel €2.3m €205,254 52.2% 2
DAPAT Jabbeke €1.8m €370,237 45.5% 0.2
FREVAN ENGINEERING Mouscron €2.5m €308,475 90.4% 2

These companies have the same main activity as GITRAX: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €1.5m and €2.5m, founded between 1990 and 2000.

Official details

Source: KBO
Status
Active since 11-04-1994Normal situation
Activity
Wholesale of motor vehicle parts and accessoriesNACE 46720and 3 others
Establishment unit
2.067.636.2612460 Kasterlee, since 22-07-1994
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€456,802▼ 4.4%
€210,719▼ 13.3%
€1.1m▲ 9.0%
€1.8m▲ 20.2%
Employeeson 31-12-2025
1=
Filing
Filed on 03-06-2026, 58 days before the end of the filing period
Financials

Insights on GITRAX

GITRAX files the abbreviated format. That format states no turnover. The gross margin rose from €155,044 in 2006 to €456,802 in 2025.

The balance sheet grew most from 2016 to 2017 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 03-06-2026, 58 days before the deadline
€456,802
▼ 4.4%
€320,114
▼ 12.0%
€397,896
▼ 7.3%
€288,502
▼ 6.6%
60.9%
▼ 6.3 percentage points
3.20
▼ 1.72

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.3m. Estimated: probably between €1.5m and €3.9m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.8m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

60.9%

Higher than 67% of 9,902 companies in 2025.

3.20

Higher than 73% of 9,665 companies in 2025.

11.4%

Higher than 78% of 9,780 companies in 2025.

GITRAX Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

€47,410

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.8m1.5m1.4m1.3m1.1m1.0m903,057814,127831,204281,393237,966240,176240,548271,406261,312238,993234,272242,905271,988235,932
21/28 702,722612,411614,953615,116621,586626,956600,120607,142625,991108,59364,26059,98464,45066,08848,82733,96441,37643,06951,69963,740
21 5,7397,323------------------
22/27 696,626604,731614,595614,771621,242626,612599,776606,797625,646108,24963,91659,64064,10665,74448,48333,64041,05242,70551,33563,376
22 514,984450,812471,348489,303509,602529,901546,174560,471576,83252,18856,43755,13659,01462,89341,89624,88026,53228,18429,83729,630
23 71,53078,91892,73548,17150,5146,9776,67812,31411,7886,4336,2802,0382,8621,8042,5873,2407,04010,61011,93612,715
24 110,11275,00150,51277,29761,12689,73446,92434,01337,02649,368134--1,0474,0005,5207,4803,9119,56221,031
26 ---------2601,0652,4662,230-------
28 357357357344344344344344344344344344344344344324324364364364
29/58 1.1m921,330770,823645,063517,910420,119302,937206,986205,213172,800173,706180,192176,098205,318212,485205,029192,896199,836220,289172,192
3 551,574493,540419,313375,377290,987219,378208,910166,351164,125135,921144,635145,859146,467147,420153,123143,756132,330112,447131,290120,687
30/36 551,574493,540419,313375,377290,987219,378208,910166,351164,125135,921144,635145,859146,467147,420153,123143,756132,330112,447131,290120,687
40/41 79,75035,21161,90471,35057,94133,50145,15436,90034,75734,92228,18433,70329,44157,11658,94860,44155,15666,39487,87249,945
40 55,35931,10941,40769,93556,20333,04136,75829,62432,73533,54322,18421,70323,44151,11646,94845,44137,15648,45968,07449,268
41 24,3914,10220,4971,4151,7384608,3967,2762,0211,3806,00012,0006,0006,00012,00015,00018,00017,93519,798677
54/58 509,828392,578289,606198,336168,684166,95148,5893,4576,3321,9578876301907824148325,41020,9951,1271,560
490/1 ----298289283278------------
Balance sheet: equity and liabilities
10/49 1.8m1.5m1.4m1.3m1.1m1.0m903,057814,127831,204281,393237,966240,176240,548271,406261,312238,993234,272242,905271,988235,932
10/15 1.1m1.0m871,110692,033556,532386,056267,952184,319150,200135,606108,35696,05568,56663,35860,04550,93227,20416,129116,120108,781
10/11 18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
13 1.1m1.0m852,518669,573534,073363,596245,492161,85997,52897,52897,52897,52897,52897,52897,52897,52897,52897,52897,52890,189
130/1 ---1,8591,8591,859--------------
130 ------1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 ---1,8591,8591,859--------------
133 1.1m1.0m852,518667,714532,213361,737243,633160,00095,66895,66895,66995,66995,66995,66995,66995,66995,66995,66995,66988,330
14 ---3,8683,8683,8683,8683,86834,08119,487-7,764-20,065-47,554-52,762-56,075-65,188-88,916-99,991--
17/49 720,620503,102514,665568,146582,964661,019635,105629,809681,004145,787129,610144,121171,982208,048201,267188,061207,068226,776155,868127,151
17 364,566315,923345,108391,511409,141423,202418,261421,775443,9205,0898,70910,88427,50857,93257,68768,9574,98811,35617,41631,704
170/4 364,566315,923345,108391,511409,141423,202418,261421,775443,9205,0898,70910,88427,50857,93257,68768,9574,98811,35617,41631,704
42/48 356,054187,178169,557176,635173,823237,817216,844208,033237,084140,698120,901133,237144,474150,116143,330118,064201,299214,789137,70295,447
42 32,24329,18446,40349,08642,53841,89926,93422,05921,5303,62011,15716,62430,30629,07425,14723,876131,368131,06014,28720,696
43 23,551----17,3564,0278,57638,55941,52644,41132,74539,98445,01741,37031,142--44,38015,277
430/8 -----17,3564,0278,57638,55941,52644,41132,74539,98445,01741,37031,142--44,38015,277
439 23,551-------------------
44 119,84144,64186,06496,18385,403105,666102,99377,58941,23920,56337,00134,65023,68967,91065,75052,35743,87973,75367,75048,495
440/4 119,84144,64186,06496,18385,403105,666102,99377,58941,23920,56337,00134,65023,68967,91064,59052,35743,87973,75367,75048,495
441 --------------1,160-----
46 -1,195------------------
45 57,81627,51131,15126,93527,01930,4218,4944,97813,5544,3512,7698,0564,9144,5104,7533,52716,6429,97611,2857,161
450/3 57,81626,22726,86823,17323,87326,1582,9512,33013,5543,2062,3698,0564,9144,5104,7533,52714,0132,3798,9314,086
454/9 -1,2844,2833,7623,1454,2635,5432,648-1,145400-----2,6297,5972,3543,075
47/48 122,60384,6475,9404,43118,86342,47574,39694,831122,20170,63825,56341,16245,5813,6056,3107,1629,410--3,818
492/3 --------------2501,040781631750-
Income statement
70 ----------510,138492,923438,842466,096494,363495,469460,936443,643631,695617,988
76A -----7,750---11,023---9172,592-8,6906,991--
9900 456,802477,981369,878289,517332,767249,524208,915117,79669,61263,43027,80040,71320,71817,53124,16244,90452,062-9,003131,511155,044
60/61 ----------482,338452,210418,124448,565470,201450,565408,874452,646500,184462,944
62 47,41043,75538,55934,32332,68932,58031,21820,052-------2,89032,27472,30795,70091,176
630 77,78265,65756,19149,89245,23243,37145,20038,13937,20919,4237,9736,1035,8135,1855,0558,4388,8808,12614,60018,881
640/8 11,4964,8244,6394,3946,6744,0147,6716,7374,8482,5391,6255205461,1302,5792,2161,32113,1154,8342,300
66A ------------1,276-800--5161,167-
9901 320,114363,746270,488200,908248,172169,559124,82652,86827,55541,46818,20234,09014,35911,21616,52831,3609,587-102,55116,37742,687
75/76B 341703724836358143305--103277537191967481,342817551
75 341703724836358143305--103277537191967481,342817551
65/66B 15,27414,77415,49311,7528,4158,4179,23910,5008,4775,0125,9016,7048,1529,3579,2267,8287,9505,2576,2342,504
65 15,27414,77415,49311,7528,4158,4179,23910,5008,4775,0125,9016,7048,1529,3579,2267,8287,9505,2576,2342,504
9903 304,843349,389254,995189,193239,781161,978115,94542,51119,38336,45612,30127,4895,2083,3139,11323,72811,075-99,9919,79340,734
67/77 94,124106,22775,91853,69269,30443,87432,3128,3934,7899,206--------2,45410,701
9904 210,719243,162179,078135,501170,477118,10483,63334,11814,59427,25112,30127,4895,2083,3139,11323,72811,075-99,9917,33930,033
9905 210,719243,162179,078135,501170,477118,10483,63334,11814,59427,25112,30127,4895,2083,3139,11323,72811,075-99,9917,33930,033
Appropriation of the result
9906 210,719243,162182,945139,368174,344121,97187,50168,19934,08119,487-7,764-20,065-47,554-52,762-56,075-65,188-88,916-99,9917,33930,033
14P --3,8683,8683,868---------------
791/2 118,10483,633------------------
691/2 210,719243,162182,945135,501170,477118,10483,63364,332----------7,33930,033
6921 210,719243,162182,945135,501170,477118,10483,63364,332----------7,33930,033
694/7 118,10483,633------------------
694 118,10483,633------------------
Social balance sheet
9087 11111110.8--------0.6223.3
Hours worked1013 1,7541,7621,7461,7461,7521,7641,7721,266--------6482,8164,5904,626
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 03-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 03-06-2026 2026-00135061 PDF
31-12-2024 abbreviated format 29-07-2025 2025-00321370 PDF
31-12-2023 abbreviated format 03-07-2024 2024-00200391 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00278960 PDF
31-12-2021 abbreviated format 02-07-2022 2022-20121636 PDF
31-12-2020 abbreviated format 01-07-2021 2021-30000003 PDF
31-12-2019 abbreviated format 30-06-2020 2020-23200258 PDF
31-12-2018 abbreviated format 26-06-2019 2019-23700582 PDF
31-12-2017 micro format 26-06-2018 2018-23600073 PDF
31-12-2016 micro format 14-06-2017 2017-17400310 PDF
31-12-2015 abbreviated format 15-06-2016 2016-18400283 PDF
31-12-2014 abbreviated format 02-06-2015 2015-14600328 PDF
31-12-2013 abbreviated format 13-06-2014 2014-17900065 PDF
31-12-2012 abbreviated format 06-06-2013 2013-16000380 PDF
31-12-2011 abbreviated format 15-06-2012 2012-18100324 PDF
31-12-2010 abbreviated format 16-06-2011 2011-17200516 PDF
31-12-2009 abbreviated format 18-06-2010 2010-19700123 PDF
31-12-2008 abbreviated format 08-06-2009 2009-20700050 PDF
31-12-2007 abbreviated format 10-06-2008 2008-21100005 PDF
31-12-2006 abbreviated format 08-06-2007 2007-20400231 PDF
31-12-2005 abbreviated format 23-06-2006 2006-30803446 PDF
31-12-2004 abbreviated format 23-06-2005 2005-32101167 PDF
31-12-2003 abbreviated format 24-06-2004 2004-31100360 PDF
31-12-2002 abbreviated format 26-06-2003 2003-31503526 PDF
31-12-2001 abbreviated format 26-06-2002 2002-27802344 PDF
31-12-2000 abbreviated format 28-06-2001 2001-29100813 PDF
31-12-1999 abbreviated format 30-06-2000 2000-34201483 PDF
31-12-1998 abbreviated format 28-06-1999 1999-24603936 PDF
31-12-1997 abbreviated format 26-06-1998 1998-23304866 PDF
31-12-1996 abbreviated format 04-07-1997 1997-27403820 PDF
31-12-1995 abbreviated format 31-07-1996 1996-38204772 PDF
31-12-1994 abbreviated format 31-07-1995 1995-43505265 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
397,896429,402326,680250,800293,404212,930170,02691,00764,76460,89126,17540,19320,17216,40121,58339,79818,467-94,42530,97761,568
288,502308,818235,269185,393215,708161,475128,83372,25751,80446,67320,27433,59211,0218,49814,16832,16619,955-91,86521,93948,914
168,09463,11556,02843,42248,64270,20738,17833,277554,60763,88912,2491,6376,05226,44625,4391,0269,4378,5394,72565,203
117,250102,97391,27029,6511,733118,36245,132-2,8754,3751,070257440-592368-418-4,578-15,58519,868-433-
785,098734,152601,266468,428344,087182,30186,093-1,048-31,87032,10252,80546,95531,62455,20269,15586,965-8,403-14,95382,58776,745
----------3.6%6.9%3.3%2.4%3.3%6.3%2.1%-23.1%2.6%6.9%
60.9%67.2%62.9%54.9%48.8%36.9%29.7%22.6%18.1%48.2%45.5%40.0%28.5%23.3%23.0%21.3%11.6%6.6%42.7%46.1%
3.204.924.553.652.981.771.400.990.871.231.441.351.221.371.481.740.960.931.601.80
1.662.292.071.531.310.840.430.200.170.260.240.260.210.390.410.520.300.410.650.54
0.640.490.590.821.051.712.373.424.531.081.201.502.513.283.353.697.6114.061.341.17
18.8%23.6%20.6%19.6%30.6%30.6%31.2%18.5%9.7%20.1%11.4%28.6%7.6%5.2%15.2%46.6%40.7%-619.9%6.3%27.6%
11.4%15.9%12.9%10.8%15.0%11.3%9.3%4.2%1.8%9.7%5.2%11.4%2.2%1.2%3.5%9.9%4.7%-41.2%2.7%12.7%
26.0529.0621.0921.3434.87---------------
----------16 days16 days19 days40 days35 days33 days29 days40 days39 days29 days
----------28 days28 days21 days55 days51 days42 days39 days59 days49 days38 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11111
full-time11111
part-time00000
in full-time equivalents11111
11111
On a permanent contract11111

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets--€391,511€440,597€451,679
Mortgages, amount registered€170,000€170,000€170,000€170,000€170,000
€321,071€321,071€321,071€321,071€321,071
Carrying value of the mortgaged assets€403,762€418,993€467,950€484,253€464,685
€38,424€38,424€38,424€38,424€38,424
Mandates to pledge the business€140,000€140,000€140,000€140,000€140,000

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€168,094€55,195€56,016€43,422€48,642
Intangible fixed assets-€7,920---
Financial fixed assets--€13--
€77,782€65,657€56,191€49,892€45,232

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GITRAX

The operating result for 2025 is 12% lower than in 2024.

Debt's share of the balance-sheet total rises from 32.8% to 39.1%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2023
GEERTS Danny Jozef Paula
Director (not named in the articles)
appointed by deed of 28-12-2023 term without a fixed end
earlier statutory manager, until 28-12-2023
listed in the 2025 annual accounts, filed on 03-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-12-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GEERTS Danny Jozef Paula
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • GEERTS Danny Jozef Paula
    • Director (not named in the articles), since before 31-12-2021
    • Statutory manager, until 28-12-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,592.01
Source
2025 annual accounts

Articles of association

deed of 28-12-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 20:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Alle machten in artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging algemene vergadering, algemene…”

Network & group

No group

GITRAX has no parent and no holdings in its annual accounts. GEERTS Danny Jozef Paula is the only director. GITRAX shares no director with another company.

Timeline

Timeline

42 events since 1994

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 58 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 2 days before the deadline
2024
Highest result from 2006 to 2025 net €243,162 ▲35.8% The operating result of €363,746 and the net result of €243,162 are both a record.
Equity above €1m equity €1.0m ▲18.3% After 16 profitable years in a row, equity reaches €1.0m.
Annual accounts 2023 filed PDFabbreviated format · 28 days before the deadline
2023
Change of role: GEERTS Danny Jozef Paula, from statutory manager to director“Het vervoer voor rekening van derden,zowel nationaal als internationaal,per spoor,te water,langs de weg en de…” (deed in Dutch) · General meeting of 04-12-20235 points ▸
  • General meeting, 04-12-2023
  • Director resignation, GEERTS Danny Jozef Paula (statutory manager)
  • Director appointment, GEERTS Danny Jozef Paula (director (not named in the articles))
  • Registered office clause, Zwepenstraat 2
  • Power of attorney, Ingrid VOETEN
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 4 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 29 days before the deadline
2021
Equity above €500,000 equity €556,532 ▲44.2% After 13 profitable years in a row, equity reaches €556,532.
Annual accounts 2020 filed PDFabbreviated format · 30 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 31 days before the deadline
2019
Equity above €200,000 equity €267,952 ▲45.4% After 11 profitable years in a row, equity reaches €267,952.
Annual accounts 2018 filed PDFabbreviated format · 35 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 35 days before the deadline
2017
Equity above €150,000 equity €150,200 ▲10.8% After 9 profitable years in a row, equity reaches €150,200.
Annual accounts 2016 filed PDFmicro format · 47 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 46 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 59 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 48 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 55 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 46 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 45 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 43 days before the deadline
2009
Back to profit net €11,075 The net result is €11,075, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 53 days before the deadline
2008
Weakest financial year net -€99,991 The net result drops to -€99,991, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2007 filed PDFabbreviated format · 51 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 53 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
First establishment Prijstraat 2, Kasterlee
Incorporation published on 06-05-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

GITRAX was incorporated on 11 April 1994.1 Total assets rose from €814,127 in 2018 to €1.8m in 2025 and headcount from 0.8 to 1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0452.482.729
VAT number
BE 0452.482.729
Peppol ID
0208:0452482729
Other Peppol ID
9925:BE0452482729
Legal form
Private limited company
Status
Active, normal situation
Founded
11-04-1994
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 20:00
deed of 28-12-2023 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
GITRAX in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 28-12-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
46720 Wholesale of motor vehicle parts and accessories main activity
47820 Retail sale of motor vehicle parts and accessories
95311 General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95315 Tyre services
Social security (RSZ) activities
95315 Tyre services main activity
Codes under NACEBEL 2008
VAT activities
45310 main activity
45201
45205
45320
Social security (RSZ) activities
45205 main activity
Codes under NACEBEL 2003
50302
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het vervoer voor rekening van derden,zowel nationaal als internationaal,per spoor,te water,langs de weg en de lucht; De verhuur van alle…”
10 activities
  1. Het vervoer voor rekening van derden,zowel nationaal als internationaal,per spoor,te water,langs de weg en de lucht.
  2. De verhuur van alle roerende en onroerende goederen,en meer in het bijzonder van vrachtwagens,kraanwagens,heftrucks en diens meer.
  3. De groot –en kleinhandel,import en export,verkoop en aankoop,huur en verhuur,herstelling,montage van voertuigen,onderdelen van voertuigen en accessoires(onder meer code 50302),
  4. De groot- en kleinhandel,import en export,verkoop en aankoop,huur en verhuur,herstelling,vervaardiging van houten emballage,waaronder laadborden,laadkisten en laadplateaus(onder meer code 20400),
  5. Op- en overslag alsmede het stockbeheer voor rekening van derden.
  6. Het verzekeren van distributiediensten of nog het verpakken,verzenden en conditioneren van goederen voor het cliënteel;
  7. E-commerce,de aan- en verkoop via internet,de online handel in onderdelen,accessoires en benodigdheden voor pick-ups,terreinwagens en SUV’s.
  8. Zij kan alle hoegenaamde handels-,nijverheids-,financiële,roerende en onroerende verrichtingen uitvoeren,die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp of van die aard zijn,dit te begunstigen;zo kan zij onder meer,een belang nemen in iedere onderneming waarvan het voorwerp gelijkaardig,overeenkomstig of verwant is met het hare.
  9. Zij kan zich ten gunste van dezelfde vennootschappen borgstellen of haar aval verlenen,optreden als haar agent of vertegenwoordiger,voorschotten toestaan,kredieten verlenen,hypothecaire of andere zekerheden verstrekken.
  10. Zij kan ook alle functies van bestuur of vereffenaar van andere vennootschappen uitoefenen.
deed of 28-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Zwepenstraat 2 registered office 2460 Kasterlee
Prijstraat 2 2460 Kasterlee 16240 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 22-07-1994 2.067.636.261

Buildings and parcels at the addresses

Ground area
1,331 m²
Buildings
1,197 m²
Volume, LiDAR
6,761 m³
Tallest building
12.2 m
Buildings to scale, each on its own parcel
1,112 m², 12.2 m 85 m², 8.7 m 1,112 m², 12.2 m 85 m², 8.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13038C0017/00X0001,244 m² 1 · 1,112 m² 12.2 m · 2
13038C0134/00P00087 m² 1 · 85 m² 8.7 m · 2

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