Financials
Financial year 2025
TRACE from Vilvoorde, company number BE0474684742, closed financial year 2025 with a result of € -4,611 after tax. For that financial year TRACE recorded a gross margin of € 3,206 and equity of € 84,717. Compared with financial year 2024, the result moved from € 15,065 to € -4,611. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 84,717
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,611
▼ still € 15,065 profit in 2024
Profit after tax over the fiscal year.
€ 68,395
▲ € 53,790 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 82,717.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 43
▼ € 14,651 vs 2024
Loans from banks and other lenders, long and short.
€ 6,596
▲ 219% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,160
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,567 | € 16,912 | € 24,468 | € 3,206 | ▼ 87% |
| Profit after taxes | € 20,841 | € 13,328 | € 15,065 | € -4,611 | ▼ € 19,675 |
| Equity | € 167,879 | € 74,263 | € 89,328 | € 84,717 | ▼ 5% |
| Total debts | € 28,654 | € 83,559 | € 90,922 | € 48,714 | ▼ 46% |
| Cash | € 123,276 | € 26,753 | € 14,605 | € 68,395 | ▲ € 53,790 |
| Retained profit | € 161,671 | € 72,263 | € 87,328 | € 82,717 | ▼ 5% |
| Dividend | € 0 | € 102,735 | € 0 | € 0 | |
| Bank debt | € 0 | € 260 | € 14,694 | € 43 | ▼ € 14,651 |
| Balance sheet total | € 196,533 | € 157,822 | € 180,249 | € 133,431 | ▼ 26% |
Key figures of TRACE, 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 TRACE?
What happened at TRACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,611 (▼ € 19,675 vs 2024). Source: NBB ↗
- Houssein Boukhriss became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vilvoorde. KBO
In short
From € 20,841 profit in 2022 to € 4,611 loss in 2025.
Paid € 22,185 in corporate taxes since 2022.
Best year ever: 2022, with € 20,841 profit.
Paid out € 102,735 in dividends to the owners in total.
Management
Behind TRACE is Houssein Boukhriss.
Directors
According to the 2025 annual accounts
Houssein Boukhriss
Manager
since 2011
Establishments
Establishment units
Physical locations of this company
Grimbergsesteenweg 259
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.684.742
- VAT number
- BE 0474.684.742
- Registered office
- Grimbergsesteenweg 259, 1800 Vilvoorde
- Names & denominations
- TRACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2001
- Peppol
- Active · Active since 8 Dec 2024
- Activities · NACE
Beroepsopleiding
Volwassenenvorming