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TRAC

Active
Public limited companyfounded 1989active for 36 yearsRomboutsstraat 5, 1932 Zaventem, BelgiumKBO/BCE: BE 0439.034.371
Summary

The computed 12-month bankruptcy probability of TRAC is 2.2% (moderate). The 2025 annual accounts show equity of €253,357 and a net result of -€72,155. Equity is growing by about 7.8% per year across the filed financial years. Its solvency ranks better than 20% of 190 sector peers (NACE 33, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

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TRACActiveChecked score 51/100
Risk analysis ReportCompare

History

On 20 November 1989, TRAC was incorporated.1 Total assets went from €1.6m in 2018 to €1.4m in 2025 and headcount from 8.8 to 8.6 full-time equivalents.2

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

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
financial year 2025 · full format · 13 days late
02-01
Gazette deed Appointments: MICHEL Philippe Emile (statutory director) and MICHEL Brian Kevin Joël (statutaire opvolger van enige bestuurder)
Resignations: CARELS Jacqueline Louise, MICHEL Brian Kevin Joël and MICHEL Philippe Emile · Amendment of the articles · Capital13 facts ▸
  • Director appointment, MICHEL Philippe Emile (statutory director) (2 times)
  • Director appointment, MICHEL Brian Kevin Joël (statutaire opvolger van enige bestuurder)
  • General meeting, “vierde besluit” (deed in Dutch)
  • General meeting, 29-12-2025
  • Other provision, “agenda, aanpassing statuten aan WVV” (deed in Dutch)
  • Other provision, “aanpassing statuten aan WVV, artikel 39,§1,eerste en derde lid,wet 2019-03-23” (deed in Dutch)
  • Director resignation, CARELS Jacqueline Louise (director)
  • Director resignation, MICHEL Brian Kevin Joël (director)
  • Director resignation, MICHEL Philippe Emile (director)
  • Other provision, “volledige en algehele kwijting voor uitoefening mandaat”, director discharge (deed in Dutch)
  • Director appointment, MICHEL Brian Kevin Joël (statutaire opvolger)
  • Amendment of the articles
  • +1 further fact in this act
2025
27-08
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 27 days late
2024
22-08
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 22 days late
2023
30-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 30 days late
06-01
Gazette deed Resignations: Kévin Michel, Jacqueline Carels and 2 others
Reappointments: Jacqueline Carels, Philippe Michel and Brian Michel · Director discharge13 facts ▸
  • General meeting, 02-05-2022
  • Director resignation, Kévin Michel
  • Director resignation, Jacqueline Carels (director)
  • Director resignation, Philippe Michel (director)
  • Director resignation, Brian Michel (director)
  • Director discharge, Jacqueline Carels
  • Director discharge, Philippe Michel
  • Director discharge, Brian Michel
  • Director reappointment, Jacqueline Carels (director)
  • Director reappointment, Philippe Michel (director)
  • Director reappointment, Brian Michel (director)
  • Board meeting, 02-05-2022
  • +1 further fact in this act
2022
29-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 29 days late
2021
31-12
Financial Back to profitnet €191,376
Net result €191,376 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 1.12
Current ratio from 0.51 to 1.12; short-term debt falls from €832,850 to €517,961.
31-12
Financial Equity above €200,000equity €257,186 ▲291%
Equity rises from €65,810 to €257,186.
18-11
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 110 days late
2020
31-12
Financial Weakest financial yearnet -€264,107
Net result drops to -€264,107, the lowest in the series; recovery starts the following year.
Show earlier events
30-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 91 days late
2019
31-12
Financial Equity above €200,000equity €329,917 ▲115%
A profit in every financial year since 2018 builds equity to €329,917.
29-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 29 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 31 days late
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 36 annual accounts filed, the latest 10 are here; all 36 are under Financials.
2 of 8 deeds read
About the unread acts

Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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