Active · per the CBE, 19 September 2026

Ttracks

BE1011003977

Rechtspersoon Private limited company 1 establishment

Ttracks is an engineering firm in Waregem. Private Limited, started on 1 July 2024, 1 establishment.

Churchilllaan 91, 8790 Waregem

Behind the company: Tim Thys.

Active for

2 year, 2 months

Financials

Financial year 2025

Ttracks from Waregem, company number BE1011003977, closed financial year 2025 with a result of € 22,553 after tax. For that financial year Ttracks recorded a gross margin of € 38,215 and equity of € 38,851. Compared with financial year 2024, the result moved from € 17,131 to € 22,553. 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 23, 2026.

What it is worth Growing

€ 38,851

▲ 138% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 22,553

▲ 32% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,391

▲ € 3,779 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 38,851.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 2,107

▲ 119% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,288

▼ 81% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,681

▲ 52% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20242025Change 2024 → 2025
Gross margin € 29,193 € 38,215 ▲ 31%
Profit after taxes € 17,131 € 22,553 ▲ 32%
Equity € 16,298 € 38,851 ▲ 138%
Total debts € 12,428 € 4,969 ▼ 60%
Cash € 613 € 4,391 ▲ € 3,779
Retained profit € 16,298 € 38,851 ▲ 138%
Dividend € 833 € 0 ▼ 100%
Bank debt € 100 € 0 ▼ 100%
Balance sheet total € 28,726 € 43,820 ▲ 53%

Key figures of Ttracks, 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 Ttracks?

What happened at Ttracks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 22,553 (▲ 32% vs 2024). Source: NBB ↗
  • New establishment in Waregem. KBO
  • Tim Thys became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 17,131 profit in 2024 to € 22,553 profit in 2025.

Paid € 18,459 in corporate taxes since 2024.

Best year ever: 2025, with € 22,553 profit.

Paid out € 833 in dividends to the owners in total.

Management

Tim Thys
Ttracks

Behind Ttracks is Tim Thys.

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Directors

According to the 2025 annual accounts

Tim Thys

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Churchilllaan 91

8790 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
1011.003.977
VAT number
BE 1011.003.977
Registered office
Churchilllaan 91, 8790 Waregem
Names & denominations
Ttracks
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 July 2024
Peppol
Active · Active since 13 Nov 2025
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Frequently asked questions

What does Ttracks do?
Ttracks is an engineering firm in Waregem. Private Limited, started on 1 July 2024, 1 establishment.
What is the address of Ttracks?
The registered office of Ttracks is located at Churchilllaan 91, 8790 Waregem.
Is Ttracks still active?
Yes. According to the CBE (19 September 2026) Ttracks is active, legal situation “Normale toestand”, started on 1 July 2024.
Is Ttracks registered on Peppol?
Yes, Ttracks is registered on the Peppol network with ID 0208:1011003977.
What is the enterprise number of Ttracks?
The enterprise number of Ttracks is BE1011003977.
When was Ttracks founded?
Ttracks was founded on 1 July 2024.