Equity
€825,423 from €1.9m in 2020
Equity fell by 56% in 5 years.
RideOnTrack
Lifetime
13 annual accounts with figures on one time axisGross marginpeak €2.1m (2018)
€1.2m▲ 16.8%
Resultlowest -€10,428 (2024)
€125,859▲ €136,287
Equitypeak €1.9m (2020)
€825,423▲ 18.0%
Debts
€1.4m▼ 9.6%
Staffpeak 13.6 FTE (2025)
13.6 FTE▲ 7.9%
Board2 names since 2016
1 directorGrimLock
Owners
100%Grimlock
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €1.1m to €1.2mBack to profit: €125,859Equity from €699,563 to €825,423
Key points
from the 2025 annual accountsResult
€125,859 €125,859
Back in profit in 2025, after a loss of €10,428 in 2024.
Turnover
≈ €2.9m estimated
The accounts state no turnover.
Staff
15 employees on 31-12-2025
In 2025, 3 people joined and 1 left.
Filings
13 annual accounts since 2013
Ten of the last ten came late. The 2017 accounts came latest: 189 days after the end of the period.
Position in the sector
€825,423
More equity than 85% of companies in computer programming and consultancy. Sector median €128,653 · 3,397 companies.
Checked score
95
Excellent
Financially stronger than 65% of small companies in computer programming and consultancy (NACE 62)
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: 0.2% across 1,167 companies (NACE 62, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%▼ -0.3 percentage points 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: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.79, cash €1.0m
Sector: Computer programming, consultancy and related activities (NACE 62)
Profit of €125,859 (financial year 2025)
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 62, small). It does better than 44% of them on solvency, 87% on liquidity, 63% on profitability and 65% on growth.
The bankruptcy probability was computed on 04-11-2026 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, 17,811 companies had the same profile as RideOnTrack has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of RideOnTrack itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 17,811 companies, not a prediction for RideOnTrack. 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 €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.79 (1.59 in 2024), above the usual 1.5. Short-term debt is 50.5% and cash 42.8% of total assets. However, 65.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €825,423
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
20 days late
2022
23 days late
2021
31 days late
2020
164 days late
2019
52 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 50 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
G
GrimLock
Director, since 01-09-2016
- Grimlock 100%equity €2.2m (2025) · 2025 annual accounts of Grimlock
Recent changes
Change of role: GrimLock, from manager to director
Permanent representatives: Lochs Wim Germain Eugeen and Daan Hans Luc Lochs · Director discharge: GrimLock · General meeting of 16-08-2023 · Gazette deed
1 director resigning
SCHREYWARE VOF · Permanent representatives: Eddy PEETERS and LOCHS Wim · Director discharge: SCHREYWARE VOF · General meeting of 31-01-2022 · Gazette deed
First establishment
Cipalstraat 3, Geel
Incorporation
published on 27-04-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| RideOnTrack Geel | - | - | 34.7% | 13.6 |
| Conclusion Intelligence België Hasselt | - | - | 71.9% | 14.8 |
| EXALATE Antwerp | - | - | -4.9% | 15 |
| IntoData Kontich | €3.8m | 9.9% | 63.2% | 15.4 |
| DEWETEC Sint-Katelijne-Waver | - | - | 28.6% | 10.1 |
| FLEXAMIT Kontich | - | - | 30.4% | 14.4 |
| The Security Factory Niel | €3.6m | 27.3% | 75.8% | 9.7 |
These companies have the same main activity as RideOnTrack: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €2m and €2.9m, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 29-03-2012Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.209.092.8462440 Geel, since 01-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €2.4m▼ 6.1%
- Employeeson 31-12-2025
- 15▲ 15.4%
- Filing
- Filed on 31-08-2026
Insights on RideOnTrack
RideOnTrack files the abbreviated format. That format states no turnover. The gross margin rose from €42,195 in 2013 to €1.2m in 2025.
Grimlock holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RideOnTrack
- What is the company number of RideOnTrack?
- The company number of RideOnTrack is 0845.290.761. The VAT number is the same number with BE in front: BE 0845.290.761.
- Where is RideOnTrack based?
- The registered office is at Cipalstraat 3, 2440 Geel.Company details
- What does RideOnTrack do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of RideOnTrack?
- RideOnTrack is a private limited company (BV).
- When was RideOnTrack founded?
- RideOnTrack was founded on 29-03-2012.
- Is RideOnTrack still active?
- Yes, RideOnTrack is an active enterprise in the KBO register.
- How many employees does RideOnTrack have?
- RideOnTrack had an average of 13.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does RideOnTrack fall under?
- In its 2025 annual accounts, RideOnTrack states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of RideOnTrack?
- The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €1.2m and 117 comparable companies (NACE 62200). It probably lies between €2.3m and €4.3m.
- Is RideOnTrack profitable?
- In financial year 2025, RideOnTrack made a profit of €125,859.
- Where can I find the annual accounts of RideOnTrack?
- RideOnTrack filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RideOnTrack due?
- RideOnTrack must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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