Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Late annual account NBB
Fiscal year 2024 was filed 586 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
TRACERCO EUROPE from Asse, company number BE0429996347, closed financial year 2024 with a result of € 715,630 after tax. For that financial year TRACERCO EUROPE recorded a gross margin of € 1.9 million and equity of € 1.7 million. Compared with financial year 2023, the result moved from € -6,090 to € 715,630. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 1.7 million
▲ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 715,630
▲ still € 6,090 loss in 2023
Profit after tax over the fiscal year.
€ 105,859
▼ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.7 million.
People and assets in 2024
6.4
▲ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 848,124
▼ 19% vs 2023
€ 132,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,758
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 15,506
Loans from banks and other lenders, long and short.
€ 220,343
▼ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 180,413
▼ 62% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 538,337 | € 1,341,952 | € 1,063,303 | € 1,853,962 | ▲ 74% |
| Profit after taxes | € -477,582 | € 349,053 | € -6,090 | € 715,630 | ▲ € 721,720 |
| Equity | € 655,774 | € 1,004,827 | € 998,738 | € 1,714,368 | ▲ 72% |
| Total debts | € 636,717 | € 1,026,167 | € 1,557,293 | € 416,262 | ▼ 73% |
| Cash | € 521,897 | € 99 | € 392,702 | € 105,859 | ▼ 73% |
| Retained profit | € 637,174 | € 986,227 | € 980,138 | € 1,695,768 | ▲ 73% |
| Bank debt | € 0 | € 0 | € 0 | € 15,506 | |
| Balance sheet total | € 1,292,491 | € 2,030,995 | € 2,556,031 | € 2,130,631 | ▼ 17% |
| Employees (FTE) | 7.7 | 6.9 | 6.1 | 6.4 | ▲ 0.3 |
Key figures of TRACERCO EUROPE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to TRACERCO EUROPE?
What happened at TRACERCO EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- Jean-François De Saint Martin became a director. NBB
- Matthew Tate Jonathan became a director. NBB
- James Whitburn became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 477,583 loss in 2021 to € 715,630 profit in 2024.
Paid € 139,487 in corporate taxes since 2021.
Best year ever: 2024, with € 715,630 profit.
On average € 289,700 of value added per employee in 2024.
A new publication or filing at TRACERCO EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TRACERCO EUROPE are James Whitburn, Jean-François De Saint Martin and Matthew Tate Jonathan.
Directors
According to the 2024 annual accounts
James Whitburn
Director
since 2023
Jean-François De Saint Martin
Director
since 2025
Matthew Tate Jonathan
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Doornveld 115
1731 Asse
Z. 3 Doornveld 115
1731 Asse
Active since 26 December 1986
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE - Google LLC, US
DNS
GoDaddy DNS
Domain
Domain
tracerco.com
Registered
1996-05-05
Registrar
GoDaddy.com, LLC
Expires
2027-05-06
Website info
Features
Security
Details
- Company number
- 0429.996.347
- VAT number
- BE 0429.996.347
- Registered office
- Doornveld 115, 1731 Asse
- Names & denominations
- TRACERCO EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1986
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- tracerco.com
- Activities · NACE
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