Active · per the CBE, 29 October 2026

M-Trac

BE0454831614

Rechtspersoon Private limited company 1 establishment

M-Trac is registered with the CBE as active in: Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw. Private Limited, started on 15 March 1995, 1 establishment.

Boekelbaan(SBB) 1/001, 9630 Zwalm

Behind the company: Maxim Van den Dorpe.

Active for

31 year, 7 months

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 57 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 6.9 to 2.6.

Financials

Financial year 2025

M-Trac from Zwalm, company number BE0454831614, closed financial year 2025 with a result of € 41,114 after tax. For that financial year M-Trac recorded a gross margin of € 490,116 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -188,407 to € 41,114. 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 4, 2026.

What it is worth Growing

€ 1.8 million

▲ € 1.5 million vs 2024

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

Profit Growing

€ 41,114

▲ still € 188,407 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 193,352

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 € 309,622.

People and assets in 2025

Full-time equivalents

2.6

▼ 1.1 vs 2024

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

Wage cost

€ 173,725

▼ 44% vs 2024

€ 66,800 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

€ 58,628

▼ 63% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 889,227

▲ 23% vs 2024

€ 33,178 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 403,408

▼ 44% vs 2024

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

Taxes and wages

€ 64,251

▼ 78% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 422,807 € 919,778 € 604,033 € 490,116 ▼ 19%
Profit after taxes € -193,593 € 110,368 € -188,407 € 41,114 ▲ € 229,521
Equity € 363,113 € 473,481 € 285,074 € 1,804,622 ▲ € 1.5 million
Total debts € 3,869,001 € 3,230,186 € 3,118,787 € 1,829,151 ▼ 41%
Cash € 138,287 € 148,403 - € 193,352
Retained profit € 346,548 € 456,916 € 268,509 € 309,622 ▲ 15%
Bank debt € 904,836 € 950,814 € 724,543 € 889,227 ▲ 23%
Balance sheet total € 4,232,114 € 3,703,668 € 3,403,861 € 3,633,773 ▲ 7%
Employees (FTE) 7.2 6.9 3.7 2.6 ▼ 1.1

Key figures of M-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 M-Trac?

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

  • New annual accounts for financial year 2025: profit of € 41,114. Source: NBB ↗
  • Maxim Van den Dorpe became a director. NBB
  • New establishment in Zwalm. KBO
  • Start of the company according to the CBE. KBO

In short

From € 193,593 loss in 2022 to € 41,114 profit in 2025.

Paid € 3,298 in corporate taxes since 2022.

Best year ever: 2023, with € 110,368 profit.

On average € 188,500 of value added per employee in 2025.

Management

The stake of ANCHA CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

M-Trac

Behind M-Trac is Maxim Van den Dorpe. The shares are held by ANCHA CONSTRUCT (100%).

Directors

According to the 2025 annual accounts

Maxim Van den Dorpe

Director

Also active at: YVFI, ANCHA CONSTRUCT

since 2015

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boekelbaan(SBB) 1/001

9630 Zwalm

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

Details

Company number
0454.831.614
VAT number
BE 0454.831.614
Registered office
Boekelbaan(SBB) 1/001, 9630 Zwalm
Names & denominations
M-Trac
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 March 1995
Peppol
Active · Active since 24 Nov 2025
Activities · NACE

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

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Reparatie en onderhoud van machines

Herstelling van landbouwmachines

Frequently asked questions

What does M-Trac do?
M-Trac is registered with the CBE as active in: Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw. Private Limited, started on 15 March 1995, 1 establishment.
What is the address of M-Trac?
The registered office of M-Trac is located at Boekelbaan(SBB) 1/001, 9630 Zwalm.
Is M-Trac still active?
Yes. According to the CBE (29 October 2026) M-Trac is active, legal situation “Normale toestand”, started on 15 March 1995.
Is M-Trac registered on Peppol?
Yes, M-Trac is registered on the Peppol network with ID 0208:0454831614.
What is the enterprise number of M-Trac?
The enterprise number of M-Trac is BE0454831614.
When was M-Trac founded?
M-Trac was founded on 15 March 1995.