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MOBILE TRACING

Active
Private limited companyfounded 20233 yrs activeSteenweg op Asse 102, 1785 Merchtem, BelgiumKBO/BCE: BE 0798.410.166
Summary

MOBILE TRACING has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,548 and a net result of -€3,003. Equity is shrinking by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability61▲+61
Solvency100=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.29 against 1.1 in 2024; short-term debt: 12.4% and cash: 7.6% of total assets), and 19.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
80.1%
Return on assets
-6.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€3,003
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
11 d late
2024
73 d early
2023
75 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 May (3 of the last 3 filed years within 84 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 February 2023, MOBILE TRACING was incorporated as a Private limited company.1 Total assets went from EUR 68,287 in 2023 to EUR 48,140 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€38,548▼ 7.2%
2024 · €41,552
Total assets
€48,140▼ 10.6%
2024 · €53,827
Net result
-€3,003▲ 82.9%
2024 · -€17,606
Working capital
€13,725▲ 1,028%
2024 · €1,217
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line202320242025
Operating result-€40,832--€17,490▲ 57.2%-€2,836▲ 83.8%
Net result-€40,843below the sector's middle half--€17,606below the sector's middle half▲ 56.9%-€3,003below the sector's middle half▲ 82.9%
Equity€59,157within the sector's middle half-€41,552within the sector's middle half▼ 29.8%€38,548within the sector's middle half▼ 7.2%
Total assets€68,287below the sector's middle half-€53,827below the sector's middle half▼ 21.2%€48,140below the sector's middle half▼ 10.6%
Debt€9,129-€12,276▲ 34.5%€9,592▼ 21.9%
Working capital€7,511below the sector's middle half-€1,217below the sector's middle half▼ 83.8%€13,725within the sector's middle half▲ 1,028%
Solvency86.6%above the sector's middle half-77.2%within the sector's middle half▼ 9.4pp80.1%within the sector's middle half▲ 2.9pp
Current ratio1.88within the sector's middle half-1.10below the sector's middle half▼ 0.783.29within the sector's middle half▲ 2.19
Return on assets (ROA)-59.8%below the sector's middle half--32.7%below the sector's middle half▲ 27.1pp-6.2%below the sector's middle half▲ 26.5pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2023: -€40,832-€40,832Net result 2023: -€40,843-€40,843Operating result 2024: -€17,490-€17,490Net result 2024: -€17,606-€17,606Operating result 2025: -€2,836-€2,836Net result 2025: -€3,003-€3,003202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€40,832-€40,800Net result 2023: -€40,843-€40,800Operating result 2024: -€17,490-€17,500Net result 2024: -€17,606-€17,600Operating result 2025: -€2,836-€2,840Net result 2025: -€3,003-€3,000202320242025
The operating result stays negative: a loss of €2,836 in 2025 against €17,490 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,140
Fixed assets €28,424 ▼ 29.5%
Current assets €19,716 ▲ 46.1%
Equity and liabilities €48,140
Equity €38,548 ▼ 7.2%
Debt €9,592 ▼ 21.9%
Debt's share of the balance-sheet total falls from 22.8% to 19.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,075▲
2024 · -€5,579
Cash flow
€8,908▲
2024 · -€5,695
Debt to equity
0.25▼
2024 · 0.30
ROE
-7.8%▲
2024 · -42.4%
Interest coverage
54.26▲
2024 · -48.21
Debt ≤ 1 year
€5,992▼
2024 · €12,276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
5.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,148 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€53,827€48,140▼
Fixed assets21/28€40,335€28,424▼
Intangible fixed assets21€40,335€28,424▼
Current assets29/58€13,492€19,716▲
Amounts receivable within one year40/41€4,615€16,041▲
Trade receivables40€2,904€13,008▲
Other amounts receivable41€1,711€3,033▲
Cash at bank and in hand54/58€8,877€3,675▼
Equity and liabilities
Total equity and liabilities10/49€53,827€48,140▼
Equity10/15€41,552€38,548▼
Contributions10/11€100,000€100,000=
Outside capital11€100,000-
Share premium1100/10€100,000-
Profit (loss) carried forward14-€58,448-€61,452▼
Amounts payable17/49€12,276€9,592▼
Amounts payable within one year42/48€12,276€5,992▼
Trade debts44€10,851€2,594▼
Suppliers440/4€10,851€2,594▼
Other amounts payable47/48€1,425€3,397▲
Accrued charges and deferred income492/3-€3,600
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,911€11,911=
Other operating charges640/8€387€400▲
Gross operating margin9900-€5,191€9,475▲
Operating profit (loss)9901-€17,490-€2,836▲
Financial charges65/66B€116€167▲
Recurring financial charges65€116€167▲
Profit (loss) for the period before taxes9903-€17,606-€3,003▲
Profit (loss) for the period9904-€17,606-€3,003▲
Profit (loss) for the period to be appropriated9905-€17,606-€3,003▲
Appropriation of the result
Profit (loss) to be appropriated9906-€58,448-€61,452▼
Profit (loss) brought forward from the previous period14P-€40,843-€58,448▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,310€11,911€11,911=
Other operating charges640/8€18,467€387€400▲ 3.2%
Gross operating margin9900-€15,055-€5,191€9,475▲ 283%
Operating profit (loss)9901-€40,832-€17,490-€2,836▲ 83.8%
Financial charges65/66B€11€116€167▲ 44.5%
Recurring financial charges65€11€116€167▲ 44.5%
Profit (loss) for the period before taxes9903-€40,843-€17,606-€3,003▲ 82.9%
Profit (loss) for the period9904-€40,843-€17,606-€3,003▲ 82.9%
Profit (loss) for the period to be appropriated9905-€40,843-€17,606-€3,003▲ 82.9%
Line202320242025Change
Assets
Total assets20/58€68,287€53,827€48,140▼ 10.6%
Fixed assets21/28€52,246€40,335€28,424▼ 29.5%
Intangible fixed assets21€52,246€40,335€28,424▼ 29.5%
Current assets29/58€16,040€13,492€19,716▲ 46.1%
Amounts receivable within one year40/41€13,272€4,615€16,041▲ 248%
Trade receivables40€9,692€2,904€13,008▲ 348%
Other amounts receivable41€3,580€1,711€3,033▲ 77.2%
Cash at bank and in hand54/58€2,769€8,877€3,675▼ 58.6%
Equity and liabilities
Total equity and liabilities10/49€68,287€53,827€48,140▼ 10.6%
Equity10/15€59,157€41,552€38,548▼ 7.2%
Contributions10/11€100,000€100,000€100,000=
Outside capital11€100,000€100,000--
Share premium1100/10€100,000€100,000--
Profit (loss) carried forward14-€40,843-€58,448-€61,452▼ 5.1%
Amounts payable17/49€9,129€12,276€9,592▼ 21.9%
Amounts payable within one year42/48€8,529€12,276€5,992▼ 51.2%
Trade debts44€7,104€10,851€2,594▼ 76.1%
Suppliers440/4€7,104€10,851€2,594▼ 76.1%
Other amounts payable47/48€1,425€1,425€3,397▲ 138%
Accrued charges and deferred income492/3€600-€3,600-
Line202320242025Change
Profit (loss) for the period9904-€40,843-€17,606-€3,003▲ 82.9%
+ Depreciation and write-downs630€7,310€11,911€11,911=
Operating cash flow (approximation)-€33,533-€5,695€8,908▲ 256%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€6,109-€5,202▼ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
State Gazette act Resignations: GALLOY Dominique Albert Ghislain (director) and DE SMET Bernard Camille Louis (director)
3 facts ▸
  • General meeting, 21-05-2026
  • Director resignation, GALLOY Dominique Albert Ghislain (director)
  • Director resignation, DE SMET Bernard Camille Louis (director)
11-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial Liquidity triplescurrent ratio 3.29
Current ratio from 1.10 to 3.29; short-term debt falls from €12,276 to €5,992.
19-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
571 m²
Building footprint
72 m²
Volume, LiDAR
520 m³
Parcel 23012I0180/00A002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
MOBILE TRACING
Steenweg op Asse 102, 1785 MerchtemComputer programming, consultancy and related activities
since 20232.347.166.309
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23012I0180/00A002 Flanders 571 m² 1 · 72 m² 8.9 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.

Mandate history

2 people since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DE SMET Bernard Camille Louis
  • Director, until 31-03-2026
GALLOY Dominique Albert Ghislain
  • Director, until 31-03-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners

Chain of control

  1. AZB MANAGEMENT 57.5%
  2. MOBILE TRACING

Highest known parent: AZB MANAGEMENT. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 14,934 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
Founded14-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798410166
Also 9925:BE0798410166
Registered 16-12-2025

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.