TRAC TEC CONSULTING
ActiveSummary
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 dateAge against the risk zone
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 2024Solvency, 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 filingsDeviation 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)
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
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
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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| 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.
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
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
since 20022.098.736.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24085B0359/00W002 | 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 | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 120 EUR | 120 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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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.