What does NINO - TRAC do?

NINO - TRAC is a wholesaler in Ninove. Private Limited, started on 11 March 1992, 1 establishment.

What is the address of NINO - TRAC?

The registered office of NINO - TRAC is located at Vreckom(Den) 7, 9400 Ninove.

Is NINO - TRAC still active?

Yes. According to the CBE (30 October 2026) NINO - TRAC is active, legal situation “Normale toestand”, started on 11 March 1992.

Is NINO - TRAC registered on Peppol?

Yes, NINO - TRAC is registered on the Peppol network with ID 0208:0446847029.

What is the enterprise number of NINO - TRAC?

The enterprise number of NINO - TRAC is BE0446847029.

When was NINO - TRAC founded?

NINO - TRAC was founded on 11 March 1992.

Who owns NINO - TRAC?

The shares are held by Paul De Smet .

Is NINO - TRAC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 March 1992; 5 annual accounts filed, latest fiscal year 2025.

How much profit did NINO - TRAC make in 2025?

NINO - TRAC posted a profit after taxes of € 41,393 in financial year 2025.

What is the revenue of NINO - TRAC?

As a small company, NINO - TRAC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 358,526.

How much does an employee at NINO - TRAC earn?

The average wage cost per full-time employee at NINO - TRAC was € 61,400 in 2025: staff costs of € 122,878 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NINO - TRAC have?

According to the 2025 annual accounts, NINO - TRAC has 2 full-time equivalents (FTE).

NINO - TRAC (Private Limited) - Ninove - BE0446847029

Dossier NINO - TRAC, printed on 30 October 2026 from databakkes.be/en/0446847029/nino-trac. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 2.5 to 2.

Financials

Financial year 2025

NINO - TRAC from Ninove, company number BE0446847029, closed financial year 2025 with a result of € 41,393 after tax. For that financial year NINO - TRAC recorded a gross margin of € 358,526 and equity of € 1 million. Compared with financial year 2024, the result moved from € 61,763 to € 41,393. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Growing

€ 1 million

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 41,393

▼ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 190,463

▲ € 146,009 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 818,326.

People and assets in 2025

Full-time equivalents

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 122,878

▼ 6% vs 2024

€ 61,400 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.

Vehicles and equipment

€ 2,133

▼ 75% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.5 million

▲ 3% vs 2024

€ 483,753 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.6 million

▲ 184% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 83,150

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 305,707 Gross margin 2022: € 305,707 First fiscal year in the series	€ 381,042 Gross margin 2023: € 381,042 ▲ 25% vs 2022 (€ 305,707) Favourable step	€ 404,792 Gross margin 2024: € 404,792 ▲ 6% vs 2023 (€ 381,042) Favourable step	€ 358,526 Gross margin 2025: € 358,526 ▼ 11% vs 2024 (€ 404,792) Unfavourable step	▼ 11%
Profit after taxes	€ 30,160 Profit after taxes 2022: € 30,160 First fiscal year in the series	€ 89,740 Profit after taxes 2023: € 89,740 ▲ 198% vs 2022 (€ 30,160) Favourable step	€ 61,763 Profit after taxes 2024: € 61,763 ▼ 31% vs 2023 (€ 89,740) Unfavourable step	€ 41,393 Profit after taxes 2025: € 41,393 ▼ 33% vs 2024 (€ 61,763) Unfavourable step	▼ 33%
Equity	€ 815,030 Equity 2022: € 815,030 First fiscal year in the series	€ 904,770 Equity 2023: € 904,770 ▲ 11% vs 2022 (€ 815,030) Favourable step	€ 966,533 Equity 2024: € 966,533 ▲ 7% vs 2023 (€ 904,770) Favourable step	€ 1,007,926 Equity 2025: € 1,007,926 ▲ 4% vs 2024 (€ 966,533) Favourable step	▲ 4%
Total debts	€ 2,244,909 Total debts 2022: € 2,244,909 First fiscal year in the series	€ 3,020,465 Total debts 2023: € 3,020,465 ▲ 35% vs 2022 (€ 2,244,909) Unfavourable step	€ 2,151,877 Total debts 2024: € 2,151,877 ▼ 29% vs 2023 (€ 3,020,465) Favourable step	€ 3,208,067 Total debts 2025: € 3,208,067 ▲ 49% vs 2024 (€ 2,151,877) Unfavourable step	▲ 49%
Cash	€ 134,769 Cash 2022: € 134,769 First fiscal year in the series	€ 45,418 Cash 2023: € 45,418 ▼ 66% vs 2022 (€ 134,769) Unfavourable step	€ 44,454 Cash 2024: € 44,454 ▼ 2% vs 2023 (€ 45,418) Unfavourable step	€ 190,463 Cash 2025: € 190,463 ▲ € 146,009 vs 2024 (€ 44,454) Favourable step	▲ € 146,009
Land & buildings	€ 275,976 Land & buildings 2022: € 275,976 First fiscal year in the series	€ 935,986 Land & buildings 2023: € 935,986 ▲ 239% vs 2022 (€ 275,976) Unchanged	€ 970,365 Land & buildings 2024: € 970,365 ▲ 4% vs 2023 (€ 935,986) Unchanged	€ 942,053 Land & buildings 2025: € 942,053 ▼ 3% vs 2024 (€ 970,365) Unchanged	▼ 3%
Retained profit	€ 625,430 Retained profit 2022: € 625,430 First fiscal year in the series	€ 715,170 Retained profit 2023: € 715,170 ▲ 14% vs 2022 (€ 625,430) Favourable step	€ 776,933 Retained profit 2024: € 776,933 ▲ 9% vs 2023 (€ 715,170) Favourable step	€ 818,326 Retained profit 2025: € 818,326 ▲ 5% vs 2024 (€ 776,933) Favourable step	▲ 5%
Bank debt	€ 894,695 Bank debt 2022: € 894,695 First fiscal year in the series	€ 1,205,522 Bank debt 2023: € 1,205,522 ▲ 35% vs 2022 (€ 894,695) Unfavourable step	€ 1,449,101 Bank debt 2024: € 1,449,101 ▲ 20% vs 2023 (€ 1,205,522) Unfavourable step	€ 1,490,504 Bank debt 2025: € 1,490,504 ▲ 3% vs 2024 (€ 1,449,101) Unfavourable step	▲ 3%
Balance sheet total	€ 3,059,938 Balance sheet total 2022: € 3,059,938 First fiscal year in the series	€ 3,925,236 Balance sheet total 2023: € 3,925,236 ▲ 28% vs 2022 (€ 3,059,938) Unchanged	€ 3,118,410 Balance sheet total 2024: € 3,118,410 ▼ 21% vs 2023 (€ 3,925,236) Unchanged	€ 4,215,994 Balance sheet total 2025: € 4,215,994 ▲ 35% vs 2024 (€ 3,118,410) Unchanged	▲ 35%
Employees (FTE)	2.3 Employees (FTE) 2022: 2.3 First fiscal year in the series	2.5 Employees (FTE) 2023: 2.5 ▲ 0.2 vs 2022 (2.3) Unchanged	2.4 Employees (FTE) 2024: 2.4 ▼ 0.1 vs 2023 (2.5) Unchanged	2 Employees (FTE) 2025: 2 ▼ 0.4 vs 2024 (2.4) Unchanged	▼ 0.4

Key figures of NINO - 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 NINO - TRAC?

What happened at NINO - TRAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 29, 2026 New annual accounts for financial year 2025: profit of € 41,393 (▼ 33% vs 2024). Source: NBB ↗
May 25, 1992 New establishment in Ninove. KBO
Mar 11, 1992 Start of the company according to the CBE. KBO

In short

From € 30,160 profit in 2022 to € 41,393 profit in 2025.

Paid € 98,320 in corporate taxes since 2022.

Best year ever: 2023, with € 89,740 profit.

On average € 179,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Vreckom(Den) 7

9400 Ninove

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0446.847.029

VAT number

BE 0446.847.029

Registered office

Vreckom(Den) 7, 9400 Ninove

Names & denominations

NINO - TRAC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 March 1992

Peppol

Active · Active since 13 Jan 2026

Activities · NACE

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw

Groothandel in gereedschapswerktuigen

View on CBE Public ↗ Annual accounts (NBB) ↗