Financials
Financial year 2025
S.E. TRACK from Middelkerke, company number BE0840921110, closed financial year 2025 with a result of € 171,242 after tax. For that financial year S.E. TRACK recorded a gross margin of € 685,460 and equity of € 348,715. Compared with financial year 2024, the result moved from € 40,536 to € 171,242. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 348,715
▲ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 171,242
▲ € 130,707 vs 2024
Profit after tax over the fiscal year.
€ 29,069
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 250,982
▲ 115% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 554,451
▲ 96% vs 2024
Of which on lease € 20,909.
Debts at end 2025
€ 514,149
▲ 58% vs 2024
€ 158,859 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 193,828
▲ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,830
▲ 90% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 185,153 | € 287,375 | € 685,460 | ▲ 139% |
| Profit after taxes | € 52,579 | € 40,536 | € 171,242 | ▲ € 130,707 |
| Equity | € 196,937 | € 207,472 | € 348,715 | ▲ 68% |
| Total debts | € 367,676 | € 532,380 | € 820,807 | ▲ 54% |
| Cash | € 49,848 | € 45,459 | € 29,069 | ▼ 36% |
| Retained profit | € 196,887 | € 207,422 | € 348,665 | ▲ 68% |
| Dividend | € 24,000 | € 30,000 | € 30,000 | |
| Bank debt | € 297,644 | € 326,426 | € 514,149 | ▲ 58% |
| Balance sheet total | € 564,613 | € 739,853 | € 1,169,521 | ▲ 58% |
Key figures of S.E. TRACK, fiscal years 2023 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 S.E. TRACK?
What happened at S.E. TRACK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 171,242 (▲ € 130,707 vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,579 profit in 2023 to € 171,242 profit in 2025.
Paid € 82,115 in corporate taxes since 2023.
Best year ever: 2025, with € 171,242 profit.
Paid out € 84,000 in dividends to the owners in total.
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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 S.E. TRACK are Steven Gryspeert and Evelyn Feys.
Directors
According to the 2025 annual accounts
Steven Gryspeert
Director
Evelyn Feys
Director
Establishments
Establishment units
Physical locations of this company
Zwarteweg 16
8433 Middelkerke
Brugsesteenweg 27
8433 Middelkerke
Active since 9 November 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.921.110
- VAT number
- BE 0840.921.110
- Registered office
- Zwarteweg 16, 8433 Middelkerke
- Names & denominations
- S.E. TRACK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2011
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
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