TRACKSIDE
ActiveThe annual accounts of TRACKSIDE for fiscal year 2025 show a net loss of 55% of total assets. The 2025 annual accounts show equity of €44k and a net result of €-37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 445 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency91▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.2 against 6.57 in 2024; short-term debt: 16.1% and cash: 2.6% of total assets), and 34% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
66%
Return on assets
-55.3%
Age of the figures
15 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 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-37k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-11-2025, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
70 d early
2023
28 d early
2022
68 d early
2021
on the day
2020
26 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▼ 45.6%
2024 · €81k
2019: €5k
2020: €44k
2021: €80k
2022: €124k
2023: €132k
2024: €81k
2019 → 2025
Total assets
€67k▼ 40.8%
2024 · €113k
2019: €9k
2020: €66k
2021: €106k
2022: €152k
2023: €141k
2024: €113k
2019 → 2025
Net result
€-37k▲ 27.4%
2024 · €-51k
2019: €20k
2020: €39k
2021: €36k
2022: €44k
2023: €8k
2024: €-51k
2019 → 2025
Working capital
€24k▼ 59.4%
2024 · €58k
2019: €2k
2020: €42k
2021: €80k
2022: €120k
2023: €129k
2024: €58k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€124k▲ 54.5%€132k▲ 6.2%€81k▼ 38.6%€44k▼ 45.6%
Operating result€51k-€61k▲ 18.9%€11k▼ 82.2%€-50k€-35k▲ 29.5%
Net result€36k-€44k▲ 20.7%€8k▼ 82.4%€-51k€-37k▲ 27.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2025 against €50k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€32k▼ 26.6%
Current assets
€34k▼ 50.0%
Equity and liabilities €67k
Equity
€44k▼ 45.6%
Debt
€23k▼ 28.9%
The debt ratio rises from 28.3% to 34.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-23k▲
2024 · €-38k
Cash flow
€-25k▲
2024 · €-39k
Solvency
66.0%▼
2024 · 71.7%
Current ratio
3.20▼
2024 · 6.57
Quick ratio
3.20▼
2024 · 6.57
Debt / equity
0.52▲
2024 · 0.39
ROE
-83.7%▼
2024 · -62.8%
ROA
-55.3%▼
2024 · -45.0%
Interest coverage
-12.59▲
2024 · -18.86
Debt
€23k▼
2024 · €32k
Debt ≤ 1 year
€11k▲
2024 · €10k
Debt > 1 year
€12k▼
2024 · €21k
Income taxes
€184▼
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€67k▼
Fixed assets21/28€44k€32k▼
Tangible fixed assets22/27€44k€32k▼
Furniture and vehicles24€44k€32k▼
Current assets29/58€69k€34k▼
Amounts receivable after more than one year29€46k€11k▼
Other amounts receivable291€46k€11k▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€2k€6k▲
Other amounts receivable41€9k€463▼
Cash at bank and in hand54/58€76€2k▲
Deferred charges and accrued income490/1€13k€15k▲
Equity and liabilities
Total equity and liabilities10/49€113k€67k▼
Equity10/15€81k€44k▼
Contributions10/11€19k€19k=
Reserves13€113k€113k=
Distributable reserves133€113k€113k=
Profit (loss) carried forward14€-51k€-88k▼
Amounts payable17/49€32k€23k▼
Amounts payable after more than one year17€21k€12k▼
Financial debts170/4€21k€12k▼
Amounts payable within one year42/48€10k€11k▲
Financial debts43€9k€9k▲
Credit institutions430/8€9k€9k▲
Trade debts44€1k€584▼
Suppliers440/4€1k€584▼
Taxes, remuneration and social security45€192€184▼
Taxes450/3€192€184▼
Other amounts payable47/48€191€480▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€10k€756▼
Non-recurring operating charges66A€950€0▼
Gross operating margin9900€-27k€-23k▲
Operating profit (loss)9901€-50k€-35k▲
Financial income75/76B€1k€290▼
Recurring financial income75€1k€290▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-51k€-37k▲
Income taxes67/77€192€184▼
Profit (loss) for the period9904€-51k€-37k▲
Profit (loss) for the period to be appropriated9905€-51k€-37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-88k▼
Profit (loss) brought forward from the previous period14P-€-51k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €-51k ▼760%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity triplescurrent ratio 15.77
Current ratio from 5.24 to 15.77; short-term debt falls from €28k to €9k.
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €44k ▲20.7%
Operating result €61k, net result €44k, both a record.
30-06
Financial
Equity above €100kEq €124k ▲54.5%
4 profitable years in a row build equity to €124k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Genesius-Rode · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zoniënwoudlaan 1901640 Sint-Genesius-RodeGround area
4,346 m²
Building footprint
2,111 m²
Volume, LiDAR
44,978 m³
2 parcels, Brussels, Flanders · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20082.168.380.065
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 22004A0137/00R006 | Flanders | 817 m² | 1 · 233 m² | 22.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELNG
BE 0820.877.841
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CONSEILS & NOUS
BE 1006.396.873
Mons · Eq €45k
BGP Entertainment Belgium
BE 0565.986.882
Sint-Gillis (bij-Brussel) · Eq €43k
Ergens Onderweg Reizen
BE 0766.463.316
Antwerpen · Eq €42k
BELBUR Travel
BE 0843.246.338
Ukkel · Eq €46k
Of 529 companies in sector 79120 we hold annual accounts for 203. 142 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2008
Fiscal year end30-06
Activities, NACEBEL
79120Travel agency, tour operator and other reservation service and related activities
70200Business and other management consultancy
70220Business consulting
79110Travel agency activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.