Financials
Financial year 2024
TREK FACTORY RACING from Deinze, company number BE0536683479, closed financial year 2024 with a result of € 37,045 after tax. For that financial year TREK FACTORY RACING recorded revenue of € 38.2 million and equity of € 920,556. Compared with financial year 2023, the result moved from € -150,543 to € 37,045. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 920,556
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,045
▲ still € 150,543 loss in 2023
Profit after tax over the fiscal year.
€ 67,051
▲ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1.2 million.
People and assets in 2024
14
▲ 5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▲ 14% vs 2023
€ 236,100 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.
€ 780,123
▲ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▲ 84% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 602,570
▲ 34% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 26,902,345 | € 38,170,626 | ▲ 42% |
| Gross margin | € 2,413,739 | € 2,304,711 | € 3,080,582 | - | |
| Profit after taxes | € -2,903 | € -61,800 | € -150,543 | € 37,045 | ▲ € 187,588 |
| Equity | € 1,095,855 | € 1,034,054 | € 883,511 | € 920,556 | ▲ 4% |
| Total debts | € 2,068,354 | € 5,099,928 | € 10,813,182 | € 5,259,445 | ▼ 51% |
| Cash | € 66,167 | € 60,030 | € 61,577 | € 67,051 | ▲ 9% |
| Retained profit | € -1,060,245 | € -1,122,046 | € -1,272,589 | € -1,235,544 | ▲ € 37,045 |
| Balance sheet total | € 3,164,209 | € 6,485,982 | € 12,048,693 | € 6,532,001 | ▼ 46% |
| Employees (FTE) | 4.8 | 7.4 | 9 | 14 | ▲ 5 |
Key figures of TREK FACTORY RACING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TREK FACTORY RACING?
What happened at TREK FACTORY RACING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 37,045. Source: NBB ↗
- Jennifer Lee Naeger became a director. NBB
- Chad Robert Brown became a director. NBB
- John Patrick Burke became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,903 loss in 2021 to € 37,045 profit in 2024.
Paid € 336,673 in corporate taxes since 2021.
Best year ever: 2024, with € 37,045 profit.
On average € 342,300 of value added per employee in 2023.
A new publication or filing at TREK FACTORY RACING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TREK FACTORY RACING are Chad Robert Brown, Jennifer Lee Naeger and John Patrick Burke. The same people are also behind Trek Bicycle.
Directors
According to the 2024 annual accounts
since 2013
since 2018
since 2013
Establishments
Establishment units
Physical locations of this company
Filliersdreef 11
9800 Deinze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.683.479
- VAT number
- BE 0536.683.479
- Registered office
- Filliersdreef 11, 9800 Deinze
- Names & denominations
- TREK FACTORY RACING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2013
- Peppol
- Active · Active since 18 Feb 2026
- Activities · NACE
Activiteiten van wielerclubs
Overige sportactiviteiten, neg