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TRACKVISION

Active
Private limited companyfounded 200323 yrs activeHulshout 16, 2930 Brasschaat, BelgiumKBO/BCE: BE 0480.015.584

TRACKVISION has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €715k and a net result of €139k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
93 / 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 17.24 against 19.95 in 2024), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.3%
Return on assets
18.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
6 d early
2023
33 d early
2022
18 d late
2021
10 d late
2020
59 d early
2019
34 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, micro schema

Equity
€715k▲ 2.4%
2024 · €698k
2018: €227k 2019: €309k 2020: €381k 2021: €477k 2022: €490k 2023: €617k 2024: €698k
2018 → 2025
Total assets
€758k▲ 3.2%
2024 · €735k
2018: €255k 2019: €336k 2020: €398k 2021: €503k 2022: €511k 2023: €652k 2024: €735k
2018 → 2025
Net result
€139k▼ 0.4%
2024 · €139k
2018: €79k 2019: €82k 2020: €72k 2021: €95k 2022: €82k 2023: €127k 2024: €139k
2018 → 2025
Working capital
€706k▲ 3.0%
2024 · €685k
2018: €215k 2019: €302k 2020: €377k 2021: €470k 2022: €483k 2023: €612k 2024: €685k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€477k-€490k▲ 2.8%€617k▲ 25.9%€698k▲ 13.2%€715k▲ 2.4%
Operating result€131k-€123k▼ 6.6%€183k▲ 49.4%€181k▼ 1.2%€195k▲ 7.7%
Net result€95k-€82k▼ 14.1%€127k▲ 54.8%€139k▲ 10.0%€139k▼ 0.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €131k€131kNet result 2021: €95k€95kOperating result 2022: €123k€123kNet result 2022: €82k€82kOperating result 2023: €183k€183kNet result 2023: €127k€127kOperating result 2024: €181k€181kNet result 2024: €139k€139kOperating result 2025: €195k€195kNet result 2025: €139k€139k20212022202320242025
The operating result recovers in 2025; 2025 is 8% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €758k
Fixed assets €9k▼ 29.9%
Current assets €749k▲ 3.8%
Equity and liabilities €758k
Equity €715k▲ 2.4%
Debt €43k▲ 20.2%
The debt ratio rises from 4.9% to 5.7%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€199k
2024 · €185k
Cash flow
€143k
2024 · €144k
Solvency
94.3%
2024 · 95.1%
Current ratio
17.24
2024 · 19.95
Quick ratio
17.24
2024 · 19.95
Debt / equity
0.06
2024 · 0.05
ROE
19.4%
2024 · 20.0%
ROA
18.3%
2024 · 19.0%
Interest coverage
300.52
2024 · -22.25
Debt
€43k
2024 · €36k
Debt ≤ 1 year
€43k
2024 · €36k
Income taxes
€60k
2024 · €57k
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€735k€758k
Fixed assets21/28€13k€9k
Tangible fixed assets22/27€13k€9k
Plant, machinery and equipment23€8k€6k
Furniture and vehicles24€5k€4k
Current assets29/58€722k€749k
Amounts receivable within one year40/41€25k€54k
Trade receivables40€25k€53k
Other amounts receivable41-€1k
Current investments50/53€645k€595k
Cash at bank and in hand54/58€52k€100k
Equity and liabilities
Total equity and liabilities10/49€735k€758k
Equity10/15€698k€715k
Contributions10/11€7k€7k=
Reserves13€692k€708k
Distributable reserves133€692k€708k
Amounts payable17/49€36k€43k
Amounts payable within one year42/48€36k€43k
Trade debts44€734€11k
Suppliers440/4€734€11k
Taxes, remuneration and social security45€29k€23k
Taxes450/3€29k€23k
Other amounts payable47/48€6k€9k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€905€969
Gross operating margin9900€186k€200k
Operating profit (loss)9901€181k€195k
Financial income75/76B€8k€5k
Recurring financial income75€8k€5k
Financial charges65/66B€-8k€662
Recurring financial charges65€-8k€662
Profit (loss) for the period before taxes9903€197k€199k
Income taxes67/77€57k€60k
Profit (loss) for the period9904€139k€139k
Profit (loss) for the period to be appropriated9905€139k€139k
Appropriation of the result
Profit (loss) to be appropriated9906€139k€139k
Transfer from equity791/2€58k€122k
Transfer to equity691/2€139k€139k
To other reserves6921€139k€139k
Profit to be distributed694/7€58k€122k
Return on contributions (dividend)694€58k€122k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €139k ▲10%
Net result €139k, the highest in the series.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €500kEq €617k ▲25.9%
6 profitable years in a row build equity to €617k.
18-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
10-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €72k ▼11.5%
Net result drops to €72k, the lowest in the series; recovery starts the following year.
03-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
Luc Pleysier
Director · since 10-11-2023
Current
10-11-2023 Appointed as Director
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2003
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.

Hulshout 162930 Brasschaat
Ground area
775 m²
Building footprint
157 m²
Volume, LiDAR
696 m³
Parcel 11323F0162/00C008, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hulshout 16, 2930 Brasschaat
NACE 5248702
since 20032.126.657.692
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11323F0162/00C008 Flanders 775 m² 1 · 157 m² 8.2 m · 1 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.

Similar companies · same sector, comparable size

Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 1,862 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-04-2003
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.