Financials
Financial year 2025
First Tracks from Wevelgem, company number BE1007744381, closed financial year 2025 with a result of € 49,539 after tax. For that financial year First Tracks recorded a gross margin of € 65,399 and equity of € 73,233. Compared with financial year 2024, the result moved from € 22,026 to € 49,539. Profitable, and profit is growing. 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 20, 2026.
€ 73,233
▲ 189% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,539
▲ 125% vs 2024
Profit after tax over the fiscal year.
€ 59,271
▲ € 45,979 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,743
▲ 190% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 782
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,296
▲ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 32,645 | € 65,399 | ▲ 100% |
| Profit after taxes | € 22,026 | € 49,539 | ▲ 125% |
| Equity | € 25,360 | € 73,233 | ▲ 189% |
| Total debts | € 23,782 | € 38,456 | ▲ 62% |
| Cash | € 13,292 | € 59,271 | ▲ € 45,979 |
| Retained profit | € 20,360 | € 68,233 | ▲ 235% |
| Dividend | € 1,666 | € 1,666 | |
| Balance sheet total | € 49,142 | € 111,689 | ▲ 127% |
Key figures of First Tracks, fiscal years 2024 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 First Tracks?
What happened at First Tracks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,539 (▲ 125% vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,026 profit in 2024 to € 49,539 profit in 2025.
Paid € 21,783 in corporate taxes since 2024.
Best year ever: 2025, with € 49,539 profit.
Paid out € 3,332 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 First Tracks is Nicolas Maelfait.
Directors
According to the 2025 annual accounts
Nicolas Maelfait
Director
Establishments
Establishment units
Physical locations of this company
Guldensporenstraat 64
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1007.744.381
- VAT number
- BE 1007.744.381
- Registered office
- Guldensporenstraat 64, 8560 Wevelgem
- Names & denominations
- First Tracks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2024
- Peppol
- Active · Active since 6 Sept 2025
- Activities · NACE
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