Financials
Financial year 2025
iTrack Europe from Lessines, company number BE0474726215, closed financial year 2025 with a result of € -7,564 after tax. For that financial year iTrack Europe recorded a gross margin of € 24,260 and equity of € 125,363. Compared with financial year 2024, the result moved from € 411 to € -7,564. 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 June 26, 2026.
€ 125,363
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,564
▼ still € 411 profit in 2024
Profit after tax over the fiscal year.
€ 13,508
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 363.
People and assets in 2025
€ 6,148
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 53,104
▼ 24% vs 2024
€ 13,153 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,351
▲ 255% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,514 | € 90,333 | € 57,371 | € 24,260 | ▼ 58% |
| Profit after taxes | € -9,411 | € -11,696 | € 411 | € -7,564 | ▼ € 7,974 |
| Equity | € 144,212 | € 132,516 | € 132,927 | € 125,363 | ▼ 6% |
| Total debts | € 275,133 | € 212,897 | € 88,487 | € 61,455 | ▼ 31% |
| Cash | € 134,185 | € 96,051 | € 57,255 | € 13,508 | ▼ 76% |
| Land & buildings | € 123,620 | € 92,019 | € 24,868 | € 86,936 | ▲ 250% |
| Retained profit | € 19,212 | € 7,516 | € 7,927 | € 363 | ▼ 95% |
| Bank debt | € 217,935 | € 198,075 | € 69,840 | € 53,104 | ▼ 24% |
| Balance sheet total | € 419,345 | € 345,413 | € 221,414 | € 186,818 | ▼ 16% |
Key figures of iTrack Europe, 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 iTrack Europe?
What happened at iTrack Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Yves CORNET stepped down as director. NBB
- Anne FRANCOIS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,564 (▼ € 7,974 vs 2024). Source: NBB ↗
- Yves CORNET became a director. NBB
- Anne FRANCOIS became a director. NBB
- New establishment in Lessines. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,411 loss in 2022 to € 7,564 loss in 2025.
Paid € 1,098 in corporate taxes since 2022.
Best year ever: 2024, with € 411 profit.
Management
Directors
According to the 2025 annual accounts
Yves CORNET
Managing director
since 2019 · until 2031
Anne FRANCOIS
Director
since 2019 · until 2031
Establishments
Establishment units
Physical locations of this company
Rue Tramasure(L) 66
7860 Lessines
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0474.726.215
- VAT number
- BE 0474.726.215
- Registered office
- Rue Tramasure(L) 66, 7860 Lessines
- Names & denominations
- iTrack Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2001
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
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