Financials
Financial year 2025
TRAX from Machelen (Brab.), company number BE0869630833, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year TRAX recorded revenue of € 4.9 million and equity of € 21.5 million. Compared with financial year 2024, the result moved from € 13.8 million to € 4.5 million. The company is profitable. 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 July 1, 2026.
€ 21.5 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 2,825
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 18.7 million.
People and assets in 2025
54.4
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.9 million
▲ 8% vs 2024
€ 200,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 500,073
▲ 254% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
€ 2.1 million
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,040,632 | € 2,865,676 | € 2,758,282 | € 4,872,711 | ▲ 77% |
| Profit after taxes | € 4,979,868 | € 6,963,335 | € 13,846,304 | € 4,529,929 | ▼ 67% |
| Equity | € 8,443,898 | € 3,148,882 | € 16,995,186 | € 21,525,116 | ▲ 27% |
| Total debts | € 6,962,931 | € 18,544,282 | € 6,159,942 | € 8,123,330 | ▲ 32% |
| Cash | € 180,751 | € 115 | € 143,346 | € 2,825 | ▼ 98% |
| Retained profit | € 5,581,278 | € 286,262 | € 14,132,566 | € 18,662,496 | ▲ 32% |
| Dividend | € 24,000,000 | € 12,258,351 | € 0 | € 0 | |
| Balance sheet total | € 15,406,829 | € 21,693,164 | € 23,155,128 | € 29,648,445 | ▲ 28% |
| Employees (FTE) | 53.1 | 55.9 | 53.1 | 54.4 | ▲ 1.3 |
Key figures of TRAX, 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 TRAX?
What happened at TRAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.5 million (▼ 67% vs 2024). Source: NBB ↗
- Jerry Brent Puzey became a director. NBB
- Arthur Huat Keong Lim became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Machelen (Brab.). KBO
In short
From € 5 million profit in 2022 to € 4.5 million profit in 2025.
Paid € 12.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 13.8 million profit.
Paid out € 36.3 million 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 TRAX are Jerry Brent Puzey and Arthur Huat Keong Lim. The shares are held by FIS UK Holdings Limited (100%).
Directors
According to the 2025 annual accounts
since 2023
since 2023
Shareholders
FIS UK Holdings Limited
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 6a
1831 Machelen (Brab.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.630.833
- VAT number
- BE 0869.630.833
- Registered office
- De Kleetlaan 6a, 1831 Machelen (Brab.)
- Names & denominations
- TRAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2004
- Peppol
- Active · Active since 23 Dec 2025
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