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TRAC TEC CONSULTING

Active
Private limited companyfounded 200025 yrs activeTommestraat(OTT) 137, 3040 Huldenberg, BelgiumKBO/BCE: BE 0473.407.510
Summary

TRAC TEC CONSULTING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €32k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 40% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+4
Solvency69▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.37 in 2023; short-term debt: 41.2% and cash: 32% of total assets), but 56.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 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 2024
Solvency, return and age of the figures
Solvency
43.8%
Return on assets
29.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
14 d late
2022
70 d late
2021
78 d late
2020
90 d late
2019
113 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2024, micro schema

Equity
€47k=
2023 · €47k
2018: €22k 2019: €25k▲ +10.9% vs 2018 2020: €20k▼ -16.5% vs 2019lowest in 7 years 2021: €35k▲ +70.4% vs 2020 2022: €53k▲ +51.0% vs 2021highest in 7 years 2023: €47k▼ -11.7% vs 2022 2024: €47k● 0.0% vs 2023
2018 → 2024
Total assets
€106k▲ 13.1%
2023 · €94k
2018: €25klowest in 7 years 2019: €36k▲ +44.4% vs 2018 2020: €33k▼ -9.2% vs 2019 2021: €59k▲ +79.9% vs 2020 2022: €90k▲ +53.5% vs 2021 2023: €94k▲ +4.0% vs 2022 2024: €106k▲ +13.1% vs 2023highest in 7 years
2018 → 2024
Net result
€32k▲ 55.6%
2023 · €20k
2018: €-1k 2019: €11k▲ +961% vs 2018 2020: €-3k▼ -131% vs 2019lowest in 7 years 2021: €18k▲ +666% vs 2020 2022: €26k▲ +43.2% vs 2021 2023: €20k▼ -22.6% vs 2022 2024: €32k▲ +55.6% vs 2023highest in 7 years
2018 → 2024
Working capital
€24k▲ 33.6%
2023 · €18k
2018: €19k 2019: €17k▼ -12.6% vs 2018 2020: €16k▼ -4.7% vs 2019lowest in 7 years 2021: €24k▲ +48.1% vs 2020 2022: €27k▲ +12.5% vs 2021highest in 7 years 2023: €18k▼ -33.9% vs 2022 2024: €24k▲ +33.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€20k-€35k▲ 70.4%€53k▲ 51.0%€47k▼ 11.7%€47k= 2020: €20klowest in 5 years 2021: €35k▲ +70.4% vs 2020 2022: €53k▲ +51.0% vs 2021highest in 5 years 2023: €47k▼ -11.7% vs 2022 2024: €47k● 0.0% vs 2023
Operating result€-1k-€29k€42k▲ 47.5%€32k▼ 23.5%€47k▲ 45.8% 2020: €-1klowest in 5 years 2021: €29k▲ +2517% vs 2020 2022: €42k▲ +47.5% vs 2021 2023: €32k▼ -23.5% vs 2022 2024: €47k▲ +45.8% vs 2023highest in 5 years
Net result€-3k-€18k€26k▲ 43.2%€20k▼ 22.6%€32k▲ 55.6% 2020: €-3klowest in 5 years 2021: €18k▲ +666% vs 2020 2022: €26k▲ +43.2% vs 2021 2023: €20k▼ -22.6% vs 2022 2024: €32k▲ +55.6% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-1k€-1kNet result 2020: €-3k€-3kOperating result 2021: €29k€29kNet result 2021: €18k€18kOperating result 2022: €42k€42kNet result 2022: €26k€26kOperating result 2023: €32k€32kNet result 2023: €20k€20kOperating result 2024: €47k€47kNet result 2024: €32k€32k20202021202220232024€0€20k€40kOperating result 2022: €42k€42kNet result 2022: €26k€26kOperating result 2023: €32k€32kNet result 2023: €20k€20kOperating result 2024: €47k€47kNet result 2024: €32k€32k202220232024
The operating result recovers in 2024; 2024 is 46% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets €39k ▲ 33.9%
Current assets €67k ▲ 3.7%
Equity and liabilities €106k
Equity €47k =
Debt €60k ▲ 25.9%
Debt's share of the balance-sheet total rises from 50.5% to 56.2%. Debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€67k▲
2023 · €43k
Cash flow
€52k▲
2023 · €31k
Current ratio
1.54▲
2023 · 1.37
Debt to equity
1.28▲
2023 · 1.02
ROE
68.2%▲
2023 · 43.9%
ROA
29.9%▲
2023 · 21.7%
Interest coverage
34.57▼
2023 · 55.60
Debt ≤ 1 year
€44k▼
2023 · €47k
Debt > 1 year
€16k▲
2023 · €200
Income taxes
€14k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€94k€106k▲
Fixed assets21/28€29k€39k▲
Tangible fixed assets22/27€28k€38k▲
Plant, machinery and equipment23€10k€24k▲
Furniture and vehicles24€18k€14k▼
Financial fixed assets28€810€810=
Current assets29/58€65k€67k▲
Amounts receivable within one year40/41€32k€33k▲
Trade receivables40€23k€25k▲
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€27k€34k▲
Deferred charges and accrued income490/1€6k€187▼
Equity and liabilities
Total equity and liabilities10/49€94k€106k▲
Equity10/15€47k€47k=
Contributions10/11€10k€10k=
Reserves13€37k€37k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€35k€35k=
Amounts payable17/49€47k€60k▲
Amounts payable after more than one year17€200€16k▲
Financial debts170/4€200€16k▲
Amounts payable within one year42/48€47k€44k▼
Current portion of amounts payable after more than one year42€3k€5k▲
Trade debts44€21k€12k▼
Suppliers440/4€21k€12k▼
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€12k€17k▲
Other amounts payable47/48€12k€10k▼
Income statement Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€20k▲
Other operating charges640/8€1k€927▼
Gross operating margin9900€44k€68k▲
Operating profit (loss)9901€32k€47k▲
Financial income75/76B€257€449▲
Recurring financial income75€257€449▲
Financial charges65/66B€772€2k▲
Recurring financial charges65€772€2k▲
Profit (loss) for the period before taxes9903€32k€45k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€20k€32k▲
Profit (loss) for the period to be appropriated9905€20k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€32k▲
Profit (loss) brought forward from the previous period14P€6k-
Profit to be distributed694/7€27k€32k▲
Return on contributions (dividend)694€27k€32k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A----€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k€8k€11k€20k▲ 90.4%
Other operating charges640/8-€787€854€1k€927▼ 15.1%
Gross operating margin9900€5k€32k€51k€44k€68k▲ 55.1%
Operating profit (loss)9901€-1k€29k€42k€32k€47k▲ 45.8%
Financial income75/76B-€348€122€257€449▲ 74.7%
Recurring financial income75€321€348€122€257€449▲ 74.7%
Financial charges65/66B-€499€1k€772€2k▲ 152%
Recurring financial charges65€403€499€1k€772€2k▲ 152%
Profit (loss) for the period before taxes9903€-1k€28k€41k€32k€45k▲ 43.4%
Income taxes67/77€2k€10k€15k€11k€14k▲ 21.5%
Profit (loss) for the period9904€-3k€18k€26k€20k€32k▲ 55.6%
Profit (loss) for the period to be appropriated9905€-3k€18k€26k€20k€32k▲ 55.6%
Line20202021202220232024Change
Assets
Total assets20/58€33k€59k€90k€94k€106k▲ 13.1%
Fixed assets21/28€4k€11k€29k€29k€39k▲ 33.9%
Tangible fixed assets22/27€4k€10k€28k€28k€38k▲ 34.8%
Plant, machinery and equipment23-€10k€7k€10k€24k▲ 141%
Furniture and vehicles24-€839€21k€18k€14k▼ 24.1%
Financial fixed assets28€810€810€810€810€810=
Current assets29/58€28k€48k€61k€65k€67k▲ 3.7%
Amounts receivable within one year40/41€14k€17k€33k€32k€33k▲ 3.5%
Trade receivables40-€13k€33k€23k€25k▲ 9.4%
Other amounts receivable41-€4k€296€9k€8k▼ 10.9%
Cash at bank and in hand54/58€14k€30k€28k€27k€34k▲ 26.7%
Deferred charges and accrued income490/1-€668€894€6k€187▼ 96.9%
Equity and liabilities
Total equity and liabilities10/49€33k€59k€90k€94k€106k▲ 13.1%
Equity10/15€20k€35k€53k€47k€47k=
Contributions10/11-€10k€10k€10k€10k=
Reserves13€4k€19k€37k€37k€37k=
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€17k€35k€35k€35k=
Profit (loss) carried forward14€6k€6k€6k---
Amounts payable17/49€12k€24k€38k€47k€60k▲ 25.9%
Amounts payable after more than one year17--€3k€200€16k▲ 7,871%
Financial debts170/4--€3k€200€16k▲ 7,871%
Amounts payable within one year42/48€12k€24k€35k€47k€44k▼ 7.4%
Current portion of amounts payable after more than one year42--€2k€3k€5k▲ 91.7%
Trade debts44€3k€4k€790€21k€12k▼ 42.7%
Suppliers440/4-€4k€790€21k€12k▼ 42.7%
Taxes, remuneration and social security45-€16k€29k€12k€17k▲ 39.9%
Taxes450/3-€16k€29k€12k€17k▲ 39.9%
Other amounts payable47/48-€4k€3k€12k€10k▼ 15.6%
Line20202021202220232024Change
Profit (loss) for the period9904€-3k€18k€26k€20k€32k▲ 55.6%
+ Depreciation and write-downs630€5k€3k€8k€11k€20k▲ 90.4%
Operating cash flow (approximation)€2k€21k€34k€31k€52k▲ 67.6%
Investment in fixed assets (approximation)-€-10k€-25k€-11k€-30k▼ 175%
Change in cash-€16k€-2k€-901€7k▲ 895%

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

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Highest result since 2018net €32k ▲55.6%
Operating result €47k, net result €32k, both a record.
14-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
09-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
21-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 113 days late
2019
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Huldenberg · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
822 m²
Building footprint
164 m²
Volume, LiDAR
109 m³
Parcel 24085B0359/00W002, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tommestraat(OTT) 137, 3040 Huldenberg
Insurance, reinsurance and pension funding, except compulsory social security
since 20022.098.736.342
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24085B0359/00W002
ProtectedArchaeological siteMiddenneolithische site OttenburgSource ↗
Flanders 822 m² 1 · 164 m² 7.5 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 120 EUR awarded · 120 EUR paid
Year Entries awardedpaid
2022 1 120 EUR120 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 120 EUR · 120 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 2,712 companies in sector 73200 we hold annual accounts for 1,782. 1,138 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
Founded01-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling

Scores and ratios are computed by Checked and are not a credit decision.