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KOTRAC

Active
Public limited companyfounded 1984active for 42 yearsDe Paulientjes(Kor) 3, 8500 Kortrijk, BelgiumKBO/BCE: BE 0426.266.203
Summary

KOTRAC has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€26,712. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 87% of 1,114 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-09-1984 Normal situation
Activity
Sports, amusement and recreation activities NACE 93293and 3 others
Establishment unit
2.102.471.436 8200 Brugge, since 08-07-1999
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
  • De Baets RosetteDirector
  • Herreman HansDirector

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€35,447
▼ 75.9%
Turnover
≈ €130,000
estimated
Loss
€26,712
Equity
€1.7m
▼ 1.5%
Total assets
€2.2m
▼ 2.9%
Score breakdownraises riskLiquidity: current ratio 0.88, cash €971, halvedlowers riskFounded in 1984Size: total assets €2.2mLegal form: public limited companyShow the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of small companies in sports and recreation (NACE 93)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 77.6% of total assets
Liquidity 42=
short-term debt 22.4% · cash 0.0%
Profitability 67-5
return on assets -1.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (423 companies, NACE 93, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 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 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -0.2 percentage points 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
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.88 (0.83 in 2024), below 1. Short-term debt is 22.4% and cash 0% of total assets. 22.4% of the assets are financed with debt and provisions.
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 93, small). It does better than 94% of them on solvency, 30% on liquidity, 54% on profitability and 37% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.88, cash €971, halved
NBB · annual accounts
lowers risk · Founded in 1984
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 · Size: total assets €2.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
20 days late
2023
1 day early
2022
57 days late
2021
10 days early
2020
122 days late
2019
31 days late
← 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 27 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 31 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
03-11-2026 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

Key points

  • Caution: From profit to loss in 2025after a profit of €64,819 in 2024 -€26,712 View
  • Positive: 3rd oldest company in Kortrijk, Arts, sports and recreation sectorin the Checked rankings No. 3 View

Recent changes

  1. · Gazette deed Registered office moved from Hulste to KortrijkNew seat: DE PAULIENTJES 3/41- 8500 KORTRIJK · Previous seat: MEESTER VAN WIJNSBERGHELAAN 7 - 8531 HULSTE
All 15 events

Comparable companies

These companies have the same main activity as KOTRAC: sports, amusement and recreation activities (NACE 93293). They are comparable in size and age: total assets between €591,000 and €3.9m, founded between 1945 and 1997.

CompanyTotal assetsGross margin
KOTRAC Kortrijk€2.2m€0.04m
MGB - AUTOMATIC Grâce-Hollogne€2.1m€0.03m
SARDA-MATIC Neupré€0.9m€0.05m
JGC Café games Genk€0.9m€0.02m
DE VIJVERS Scherpenheuvel-Zichem€3.9m€0.02m
FAMILY CENTER AIRPORT La Louvière€1.2m€0.1m
AMAZING LAND Durbuy€0.6m€0.07m
Full comparison

Key facts about KOTRAC

What is the company number of KOTRAC?
The company number of KOTRAC is 0426.266.203. The VAT number is the same number with BE in front: BE 0426.266.203.
Where is KOTRAC based?
The registered office is at De Paulientjes(Kor) 3, 8500 Kortrijk.Company details
What does KOTRAC do?
According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93293).
What is the legal form of KOTRAC?
The legal form of KOTRAC is Public limited company (NV).
When was KOTRAC founded?
KOTRAC was founded on 26-09-1984.
Is KOTRAC still active?
Yes, KOTRAC is an active enterprise in the KBO register.
What is the turnover of KOTRAC?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €35,447 and 1,225 comparable companies of the same size. It probably lies between €67,000 and €240,000. It is a rough estimate. In financial year 2023 turnover was €2,641.Financials
Is KOTRAC profitable?
In financial year 2025, KOTRAC made a loss of €26,712.
Where can I find the annual accounts of KOTRAC?
KOTRAC filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KOTRAC due?
KOTRAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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