TRACON
ActiveSummary
The computed 12-month bankruptcy probability of TRACON is 2.7% (moderate). The 2024 annual accounts show equity of €248,098 and a net result of €204,183. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 947 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+4
Solvency45▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.28 in 2023; short-term debt: 70.4% and cash: 34.4% of total assets), and 79.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 15-07-2025, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
22 d early
2022
on the day
2021
34 d early
2020
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#3 company by equity in Kampenhout, Transport and storage sector#5 company by total assets in Kampenhout, Transport and storage sector
Equity
€248,098▼ 21.0%
2023 · €313,915
Total assets
€1.2m▲ 7.9%
2023 · €1.1m
Net result
€204,183▲ 29.9%
2023 · €157,132
Working capital
€294,763▲ 29.9%
2023 · €226,831
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€179,567-€115,855▼ 35.5%€304,523▲ 163%€205,867▼ 32.4%€273,656▲ 32.9%
Net result€132,210within the sector's middle half-€90,471within the sector's middle half▼ 31.6%€230,702above the sector's middle half▲ 155%€157,132within the sector's middle half▼ 31.9%€204,183within the sector's middle half▲ 29.9%
Equity€137,210within the sector's middle half-€226,082within the sector's middle half▲ 64.8%€456,783within the sector's middle half▲ 102%€313,915within the sector's middle half▼ 31.3%€248,098within the sector's middle half▼ 21.0%
Total assets€729,711within the sector's middle half-€1.1mwithin the sector's middle half▲ 55.4%€963,041within the sector's middle half▼ 15.1%€1.1mwithin the sector's middle half▲ 17.2%€1.2mwithin the sector's middle half▲ 7.9%
Debt€592,501-€908,153▲ 53.3%€506,257▼ 44.3%€814,896▲ 61.0%€969,395▲ 19.0%
Working capital€130,550within the sector's middle half-€217,088within the sector's middle half▲ 66.3%€449,853within the sector's middle half▲ 107%€226,831within the sector's middle half▼ 49.6%€294,763within the sector's middle half▲ 29.9%
Solvency18.8%within the sector's middle half-19.9%within the sector's middle half▲ 1.1pp47.4%within the sector's middle half▲ 27.5pp27.8%within the sector's middle half▼ 19.6pp20.4%within the sector's middle half▼ 7.4pp
Current ratio1.22within the sector's middle half-1.24within the sector's middle half▲ 0.021.89within the sector's middle half▲ 0.651.28within the sector's middle half▼ 0.611.34within the sector's middle half▲ 0.07
Return on assets (ROA)18.1%above the sector's middle half-8.0%within the sector's middle half▼ 10.1pp24.0%above the sector's middle half▲ 16.0pp13.9%above the sector's middle half▼ 10.0pp16.8%above the sector's middle half▲ 2.9pp
Staff (FTE)0.1below the sector's middle half1.8below the sector's middle half▲ 1,700%2.7within the sector's middle half▲ 50.0%3within the sector's middle half▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€65,455 ▼ 24.8%
Current assets
€1.2m ▲ 10.6%
Equity and liabilities €1.2m
Equity
€248,098 ▼ 21.0%
Debt
€969,395 ▲ 19.0%
Debt's share of the balance-sheet total rises from 72.2% to 79.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€295,285▲
2023 · €226,798
Cash flow
€225,812▲
2023 · €178,063
Debt to equity
3.91▲
2023 · 2.60
ROE
82.3%▲
2023 · 50.1%
Interest coverage
174.24▼
2023 · 250.30
Debt ≤ 1 year
€857,274▲
2023 · €814,896
Debt > 1 year
€110,000
Income taxes
€72,288▲
2023 · €49,303
Staff costs
€158,655▲
2023 · €127,417
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3,573 | €78,368 | €127,417 | €158,655 | ▲ 24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,099 | €8,572 | €4,391 | €20,931 | €21,630 | ▲ 3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €57,213 | -€63,033 | -€1,980 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €984 | €65,642 | €1,332 | €2,985 | ▲ 124% |
| Gross operating margin9900 | €201,778 | €186,198 | €389,891 | €353,567 | €456,926 | ▲ 29.2% |
| Operating profit (loss)9901 | €179,567 | €115,855 | €304,523 | €205,867 | €273,656 | ▲ 32.9% |
| Financial income75/76B | - | €610 | €750 | €1,474 | €4,510 | ▲ 206% |
| Recurring financial income75 | €6 | €610 | €750 | €1,474 | €4,510 | ▲ 206% |
| Financial charges65/66B | - | €922 | €1,250 | €906 | €1,695 | ▲ 87.0% |
| Recurring financial charges65 | €506 | €922 | €1,250 | €906 | €1,695 | ▲ 87.0% |
| Profit (loss) for the period before taxes9903 | €179,066 | €115,543 | €304,023 | €206,435 | €276,471 | ▲ 33.9% |
| Income taxes67/77 | €46,856 | €25,072 | €73,321 | €49,303 | €72,288 | ▲ 46.6% |
| Profit (loss) for the period9904 | €132,210 | €90,471 | €230,702 | €157,132 | €204,183 | ▲ 29.9% |
| Profit (loss) for the period to be appropriated9905 | €132,210 | €90,471 | €230,702 | €157,132 | €204,183 | ▲ 29.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €729,711 | €1.1m | €963,041 | €1.1m | €1.2m | ▲ 7.9% |
| Fixed assets21/28 | €8,085 | €8,993 | €6,930 | €87,085 | €65,455 | ▼ 24.8% |
| Tangible fixed assets22/27 | €8,085 | €8,993 | €6,930 | €87,085 | €65,455 | ▼ 24.8% |
| Furniture and vehicles24 | - | €8,993 | €6,417 | €85,505 | €64,047 | ▼ 25.1% |
| Other tangible fixed assets26 | - | - | €514 | €1,579 | €1,408 | ▼ 10.8% |
| Current assets29/58 | €721,626 | €1.1m | €956,110 | €1.0m | €1.2m | ▲ 10.6% |
| Amounts receivable within one year40/41 | €501,982 | €822,599 | €398,083 | €562,278 | €729,330 | ▲ 29.7% |
| Trade receivables40 | - | €820,824 | €385,564 | €561,475 | €720,638 | ▲ 28.3% |
| Other amounts receivable41 | - | €1,775 | €12,519 | €802 | €8,692 | ▲ 984% |
| Cash at bank and in hand54/58 | €200,286 | €300,321 | €553,035 | €474,652 | €419,344 | ▼ 11.7% |
| Deferred charges and accrued income490/1 | - | €2,322 | €4,992 | €4,797 | €3,364 | ▼ 29.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €729,711 | €1.1m | €963,041 | €1.1m | €1.2m | ▲ 7.9% |
| Equity10/15 | €137,210 | €226,082 | €456,783 | €313,915 | €248,098 | ▼ 21.0% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €221,082 | €451,783 | €308,915 | €243,098 | ▼ 21.3% |
| Distributable reserves133 | - | €221,082 | €451,783 | €308,915 | €243,098 | ▼ 21.3% |
| Profit (loss) carried forward14 | €132,210 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €592,501 | €908,153 | €506,257 | €814,896 | €969,395 | ▲ 19.0% |
| Amounts payable after more than one year17 | - | - | - | - | €110,000 | - |
| Financial debts170/4 | - | - | - | - | €110,000 | - |
| Amounts payable within one year42/48 | €591,076 | €908,153 | €506,257 | €814,896 | €857,274 | ▲ 5.2% |
| Trade debts44 | €526,967 | €880,907 | €457,649 | €466,944 | €685,508 | ▲ 46.8% |
| Suppliers440/4 | - | €880,907 | €457,649 | €466,944 | €685,508 | ▲ 46.8% |
| Taxes, remuneration and social security45 | - | €25,646 | €48,564 | €47,952 | €52,372 | ▲ 9.2% |
| Taxes450/3 | - | €25,223 | €38,544 | €31,339 | €28,549 | ▼ 8.9% |
| Remuneration and social security454/9 | - | €424 | €10,020 | €16,613 | €23,823 | ▲ 43.4% |
| Other amounts payable47/48 | - | €1,600 | €45 | €300,000 | €119,395 | ▼ 60.2% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | €2,121 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €132,210 | €90,471 | €230,702 | €157,132 | €204,183 | ▲ 29.9% |
| + Depreciation and write-downs630 | €12,099 | €8,572 | €4,391 | €20,931 | €21,630 | ▲ 3.3% |
| Operating cash flow (approximation) | €144,309 | €99,043 | €235,093 | €178,063 | €225,812 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | -€9,480 | -€2,328 | -€101,085 | €0 | ▲ 100% |
| Change in cash | - | €100,035 | €252,715 | -€78,384 | -€55,308 | ▲ 29.4% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €230,702 ▲155%
Operating result €304,523, net result €230,702, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €90,471 ▼31.6%
Net result drops to €90,471, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €226,082 ▲64.8%
2 profitable years in a row build equity to €226,082.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kampenhout · 2 establishment units since 2019
Ground area
1,478 m²
Building footprint
162 m²
Volume, LiDAR
799 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TRACON
since 20192.292.225.905
Ferdinand Verstraetenlaan 48, 1910 Kampenhout
since 20222.337.830.751
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038E0225/00E000 | Flanders | 1,024 m² | 1 · 162 m² | 7.5 m · 2 fl. |
| 23038D0674/00H004 | Flanders | 454 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,471 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
Founded12-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732541921
Also
9925:BE0732541921
Registered
24-11-2023
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.