Tractor Solutions
ActiveSummary
The computed 12-month bankruptcy probability of Tractor Solutions is 1.7% (moderate). The 2025 annual accounts show equity of €90k and a net result of €29k. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 1309 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 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
Profitability78▲+4
Solvency49▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.95 in 2024; short-term debt: 19.4% and cash: 2.3% of total assets), but 76.5% 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 33
Relative position
BE, all sectors
reference
Sector 33
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 2025Solvency, return and age of the figures
Solvency
23.5%
Return on assets
7.6%
Age of the figures
9 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 21-08-2026, 21 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 · 4 filingsDeviation from the deadline
2025
21 d late
2024
26 d late
2023
22 d late
2022
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▲ 48.1%
2024 · €61k
2022: €50k
2023: €47k
2024: €61k
2022 → 2025
Total assets
€383k▲ 14.6%
2024 · €334k
2022: €344k
2023: €333k
2024: €334k
2022 → 2025
Net result
€29k▲ 114%
2024 · €14k
2022: €-98
2023: €-3k
2024: €14k
2022 → 2025
Working capital
€60k▲ 52.0%
2024 · €40k
2022: €22k
2023: €19k
2024: €40k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€50k-€47k▼ 5.4%€61k▲ 29.0%€90k▲ 48.1%
Operating result€4k-€-142€20k€44k▲ 117%
Net result€-98-€-3k▼ 2,662%€14k€29k▲ 114%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 117% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€248k ▼ 1.7%
Current assets
€135k ▲ 65.3%
Equity and liabilities €383k
Equity
€90k ▲ 48.1%
Debt
€293k ▲ 7.1%
Debt's share of the balance-sheet total falls from 81.8% to 76.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77k▲
2024 · €48k
Cash flow
€63k▲
2024 · €41k
Current ratio
1.81▼
2024 · 1.95
Quick ratio
1.08▼
2024 · 1.49
Debt to equity
3.25▼
2024 · 4.49
ROE
32.5%▲
2024 · 22.5%
ROA
7.6%▲
2024 · 4.1%
Interest coverage
23.21▲
2024 · 21.71
Debt ≤ 1 year
€74k▲
2024 · €42k
Debt > 1 year
€216k▼
2024 · €232k
Income taxes
€11k▲
2024 · €4k
Staff costs
€16k▲
2024 · €7k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€334k€383k▲
Fixed assets21/28€253k€248k▼
Intangible fixed assets21€7k€3k▼
Tangible fixed assets22/27€246k€246k▼
Land and buildings22€209k€199k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€21k€37k▲
Current assets29/58€82k€135k▲
Stocks and contracts in progress3€19k€54k▲
Stocks30/36€19k€54k▲
Amounts receivable within one year40/41€54k€71k▲
Trade receivables40€50k€70k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€8k€9k▲
Deferred charges and accrued income490/1-€82
Equity and liabilities
Total equity and liabilities10/49€334k€383k▲
Equity10/15€61k€90k▲
Contributions10/11€50k€50k=
Reserves13€11k€40k▲
Distributable reserves133€11k€40k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€273k€293k▲
Amounts payable after more than one year17€232k€216k▼
Financial debts170/4€232k€216k▼
Amounts payable within one year42/48€42k€74k▲
Current portion of amounts payable after more than one year42€11k€24k▲
Trade debts44€23k€27k▲
Suppliers440/4€23k€27k▲
Taxes, remuneration and social security45€3k€19k▲
Taxes450/3€930€14k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€5k€5k▼
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€7k€16k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€33k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€57k€96k▲
Operating profit (loss)9901€20k€44k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€18k€41k▲
Income taxes67/77€4k€11k▲
Profit (loss) for the period9904€14k€29k▲
Profit (loss) for the period to be appropriated9905€14k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€29k▲
Profit (loss) brought forward from the previous period14P€-3k€0▲
Transfer to equity691/2€11k€29k▲
To other reserves6921€11k€29k▲
The notes to these accounts (14 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
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2022net €29k ▲114%
Operating result €44k, net result €29k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oostkamp · 1 establishment unit since 2021
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.
Torhoutsestraat 1388020 OostkampGround area
921 m²
Building footprint
213 m²
Volume, LiDAR
1,218 m³
Parcel 31025B0028/00N000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tractor Solutions
since 20212.317.580.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025B0028/00N000 | Flanders | 921 m² | 1 · 213 m² | 10.2 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
2022 · 1 entry · 279 EUR awarded · 279 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 279 EUR | 279 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,118 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
Founded28-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
47812Retail trade
95319Other maintenance and repair of motor vehicles
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.