Financials
- Financial year
- 2024
- Total assets
- €1.9m
- Profit
- €143,866
- Solvency
- 47.8%
Total assets▲ 6.7%
Net result
20182024
BELTRACK
ActiveSummary
BELTRACK has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €929,978 and a net result of €143,866. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 52% of 997 sector peers (NACE 95, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Tyre services
NACE 95315
2 sites
Size
€1.9mtotal assets 2024
- Equity
- €929,978
- Profit
- €143,866
Turnover not published (abbreviated or micro format)
Structure
2025 accounts not filed, 86 days past the deadline2 deeds in the Belgian Official Gazette
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 27-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 3 of the last 3 latelowers riskLiquidity: current ratio 1.95, cash €1.6mFounded in 2010Show the evidence
Checked score
Score 2024
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 95, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency
73+5
equity 47.8% of total assets
Liquidity
75+3
short-term debt 50.7% · cash 80.0%
Profitability
78-5
return on assets 7.4%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 3.3%▲ +1.1 percentage points vs 11-2024
01-2025: 4.9%▲ +1.6 percentage points vs 12-2024highest value
02-2025: 4.9%● unchanged vs 01-2025highest value
03-2025: 4.9%● unchanged vs 02-2025highest value
04-2025: 4.4%▼ -0.5 percentage points vs 03-2025
05-2025: 4.4%● unchanged vs 04-2025
06-2025: 4.4%● unchanged vs 05-2025
07-2025: 4.4%● unchanged vs 06-2025
08-2025: 1.5%▼ -2.9 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 0.1%▼ -1.4 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
Credit of up to €50,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.95, compared with 1.78 in 2023, above the usual 1.5; short-term debt: 50.7% and cash: 80% of total assets), but 52.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro): better than 58% on solvency, 75% on liquidity, 59% on profitability and 66% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 58 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
58 days late
2023
349 days late
2022
347 days late
2021
130 days late
2020
90 days late
2019
104 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 180 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Annual accounts filedfinancial year 2022 · abbreviated…
Key points
By topic
Timeline
- Events
- 17
- Since
- 2012
- 31-12-2023Highest result from 2018 to 2024
- 31-12-2022Equity above €500,000
- 08-12-2022Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company (pre-2019)
- Activity
- Tyre servicesNACE 95315
- Founded
- 20-05-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about BELTRACK
- What is the company number of BELTRACK?
- 0826.017.653. In Belgium the VAT number is the company number with BE in front: BE 0826.017.653.
- Where is BELTRACK based?
- The registered office is at Prosper Henri Devosstraat 18, 1070 Anderlecht.Company details
- What does BELTRACK do?
- According to the KBO register, the main activity is tyre services (NACE 95315).
- What is the legal form of BELTRACK?
- Private limited company (pre-2019) (BVBA).
- When was BELTRACK founded?
- On 20-05-2010.
- Is BELTRACK still active?
- Yes, BELTRACK is an active enterprise in the KBO register.
- How many employees does BELTRACK have?
- On average 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of BELTRACK?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is BELTRACK profitable?
- In financial year 2024, BELTRACK made a profit of €143,866.
- Where can I find the annual accounts of BELTRACK?
- BELTRACK filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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