TRACKSTORE TRADING
ActiveSummary
The computed 12-month bankruptcy probability of TRACKSTORE TRADING is 2.1% (moderate). The 2024 annual accounts show equity of €454k and a net result of €464k. Its solvency ranks better than 42% of 991 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+14
Solvency56▲+11
Growth32
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.25 in 2023; short-term debt: 69.2% and cash: 3.1% of total assets), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.8%
Return on assets
31.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€454k▼ 8.6%
2023 · €496k
2023: €496k
2023 → 2024
Total assets
€1.47M▼ 40.1%
2023 · €2.46M
2023: €2.46M
2023 → 2024
Net result
€464k▼ 3.3%
2023 · €480k
2023: €480k
2023 → 2024
Working capital
€454k▼ 7.5%
2023 · €491k
2023: €491k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€496k-€454k▼ 8.6%
Operating result€642k-€624k▼ 2.8%
Net result€480k-€464k▼ 3.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.47M
Equity
€454k ▼ 8.6%
Debt
€1.02M ▼ 48.1%
Debt's share of the balance-sheet total falls from 79.8% to 69.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.45▲
2023 · 1.25
Debt to equity
2.25▼
2023 · 3.96
ROE
102.3%▲
2023 · 96.7%
ROA
31.5%▲
2023 · 19.5%
Debt ≤ 1 year
€1.02M▼
2023 · €1.97M
Income taxes
€155k▼
2023 · €160k
Staff costs
€99k▲
2023 · €93k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.46M€1.47M▼
Fixed assets21/28€6k-
Financial fixed assets28€6k-
Current assets29/58€2.46M€1.47M▼
Amounts receivable within one year40/41€2.42M€1.39M▼
Trade receivables40€1.33M€180k▼
Other amounts receivable41€1.09M€1.21M▲
Cash at bank and in hand54/58€39k€45k▲
Deferred charges and accrued income490/1-€35k
Equity and liabilities
Total equity and liabilities10/49€2.46M€1.47M▼
Equity10/15€496k€454k▼
Contributions10/11€11k€11k=
Reserves13€485k€443k▼
Distributable reserves133€485k€443k▼
Amounts payable17/49€1.97M€1.02M▼
Amounts payable within one year42/48€1.97M€1.02M▼
Financial debts43€56k€56k▲
Credit institutions430/8€56k€56k▲
Trade debts44€1.05M€393k▼
Suppliers440/4€1.05M€393k▼
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€350-
Remuneration and social security454/9€13k€11k▼
Other amounts payable47/48€842k€560k▼
Income statement
Code20232024
Remuneration, social security and pensions62€93k€99k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€732k€724k▼
Operating profit (loss)9901€642k€624k▼
Financial income75/76B€2k€291▼
Recurring financial income75€2k€291▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€640k€619k▼
Income taxes67/77€160k€155k▼
Profit (loss) for the period9904€480k€464k▼
Profit (loss) for the period to be appropriated9905€480k€464k▼
Appropriation of the result
Profit (loss) to be appropriated9906€480k€464k▼
Transfer from equity791/2-€43k
Transfer to equity691/2€480k-
To other reserves6921€480k-
Profit to be distributed694/7-€507k
Return on contributions (dividend)694-€507k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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-Katelijne-Waver · 1 establishment unit since 2023
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.
Fortsesteenweg 442860 Sint-Katelijne-WaverGround area
8,417 m²
Building footprint
3,811 m²
Volume, LiDAR
20,238 m³
Parcel 12422D0111/00F000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRACKSTORE TRADING
since 20232.348.580.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0111/00F000 | Flanders | 8,417 m² | 1 · 3,811 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 703 EUR awarded · 703 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 548 EUR | 703 EUR |
| 2024 | 1 | 155 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 227 companies in sector 77310 we hold annual accounts for 124. 91 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46610Wholesale trade
77310Rental and leasing activities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46649Wholesale of other machinery and equipment
52210Service activities incidental to land transportation
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.