Financials
Financial year 2025
TRAC from Zaventem, company number BE0439034371, closed financial year 2025 with a result of € -72,155 after tax. For that financial year TRAC recorded a gross margin of € 760,165 and equity of € 253,357. Compared with financial year 2024, the result moved from € 10,669 to € -72,155. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 253,357
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -72,155
▼ still € 10,669 profit in 2024
Profit after tax over the fiscal year.
€ 11,728
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 53,357.
People and assets in 2025
8.6
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 701,766
▼ 1% vs 2024
€ 81,600 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.
€ 5,721
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 740,043
▼ 19% vs 2024
€ 141,412 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 89,154
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,912
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 717,918 | € 778,816 | € 969,343 | € 760,165 | ▼ 22% |
| Profit after taxes | € 28,689 | € 28,968 | € 10,669 | € -72,155 | ▼ € 82,824 |
| Equity | € 285,875 | € 314,843 | € 325,512 | € 253,357 | ▼ 22% |
| Total debts | € 1,189,040 | € 1,117,786 | € 1,421,934 | € 1,100,930 | ▼ 23% |
| Cash | € 3,827 | € 1,900 | € 36,507 | € 11,728 | ▼ 68% |
| Land & buildings | € 810,606 | € 777,292 | € 931,510 | € 895,359 | ▼ 4% |
| Retained profit | € 85,875 | € 114,843 | € 125,512 | € 53,357 | ▼ 57% |
| Bank debt | € 905,435 | € 836,270 | € 912,462 | € 740,043 | ▼ 19% |
| Balance sheet total | € 1,474,915 | € 1,432,629 | € 1,747,446 | € 1,354,287 | ▼ 22% |
| Employees (FTE) | 8.1 | 8.1 | 9.5 | 8.6 | ▼ 0.9 |
Key figures of TRAC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TRAC?
What happened at TRAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Michel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 72,155 (▼ € 82,824 vs 2024). filed late Source: NBB ↗
- Philippe Michel became a director. NBB
- Brian Michel stepped down as director. NBB
- Jacqueline Carels stepped down as director. NBB
- Brian Michel became a director. NBB
- Jacqueline Carels became a director. NBB
- New establishment in Donceel. KBO
In short
From € 28,689 profit in 2022 to € 72,155 loss in 2025.
Paid € 71,884 in corporate taxes since 2022.
Best year ever: 2023, with € 28,968 profit.
On average € 88,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Philippe Michel
Director
since 2025 · until 2031
Brian Michel
Director
since 2022 · until 2025
Jacqueline Carels
Director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Romboutsstraat 5 box 4
1932 Zaventem
Rue des Combattants 34 box 2
4357 Donceel
Active since 1 September 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0439.034.371
- VAT number
- BE 0439.034.371
- Registered office
- Romboutsstraat 5 bus 4, 1932 Zaventem
- Names & denominations
- TRAC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- trac.be
- Activities · NACE
Groothandel in informatie- en communicatieapparatuur
Installatie van industriële machines, toestellen en werktuigen
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie
Ontwerpen van computerprogramma’s
Detailhandel in ICT-apparatuur
Groothandel in delen en toebehoren van motorvoertuigen
Algemene elektrotechnische installatiewerken
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