ACTIVE

TRACERCO EUROPE

Financial year 2024 · Closed on 31/03/2024

Net result715,6 k €+11 851,7 %over 1 year
Gross margin1,9 M €+74,4 %over 1 year
Equity1,7 M €+71,7 %over 1 year
Workforce6,4 ETP+4,9 %over 1 year

Identity

Source · BCE/KBO

TRACERCO EUROPE is a Private limited company incorporated in 1986. Its main activity is: Technical testing and analysis. Its registered office is in Asse. It employs on average 6,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.996.347
Incorporation
10/12/1986
Legal form
Private limited company
Registered office
Doornveld 115
1731 Asse · Flandre
Contributed capital
18 600,00 €
Latest accounts
31/03/2024
Average workforce
6,4 ETP
Joint committees (5)
  • 100
  • 100000
  • 200
  • 200000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 16 financial years

20242023202220212020
Income statement
Gross margin1,9 M €1,1 M €1,3 M €538,3 k €1,3 M €
EBITDA778,2 k €14,5 k €438,1 k €-376,4 k €200 k €
Operating result778,1 k €1,5 k €411,9 k €-388,3 k €170,7 k €
Net result715,6 k €-6,1 k €349,1 k €-477,6 k €98,7 k €
Balance sheet
Equity1,7 M €998,7 k €1 M €655,8 k €1,1 M €
Total assets2,1 M €2,6 M €2 M €1,3 M €1,8 M €
Cash105,9 k €392,7 k €99 €521,9 k €1,2 M €
Debts416,3 k €1,4 M €798,7 k €604,6 k €607,8 k €
Other
Workforce6,4 ETP6,1 ETP6,9 ETP7,7 ETP8,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2024

3 active · 15 ended

Active mandates

Jean-François De Saint Martin

Director · since 04 avril 2025

Active
Matthew Tate Jonathan

Director · since 31 juillet 2024

Active
James Whitburn

Director · since 01 octobre 2023

Active

Ended mandates

Jean -François De Saint Martin

Director · since 04 avril 2025

Ended
Jonathan Matthew Tate

Director · since 31 juillet 2024

Ended
Jonathan Tate

Director · since 31 juillet 2024

Ended
Paul Nicholson

Director · since 29 mars 2019

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/03/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202602/10/202502/10/202519/08/202517/03/202224/03/2021
General meeting14/11/202502/10/202502/10/202512/08/202502/03/202209/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/03/202414/11/202509/06/2026DutchPDF
Abridged model31/03/202402/10/202502/10/2025DutchPDF
Abridged model31/03/202302/10/202502/10/2025DutchPDF
Abridged model31/03/202202/10/202502/10/2025DutchPDF
Abridged model31/03/202112/08/202519/08/2025DutchPDF
Abridged model31/03/202002/03/202217/03/2022DutchPDF
Abridged model31/03/201909/03/202124/03/2021DutchPDF
Abridged model31/03/201820/09/201904/11/2019DutchPDF
Full model31/03/201720/09/201720/09/2017DutchPDF
Full model31/03/201621/09/201603/10/2016DutchPDF
Full model31/03/201521/09/201508/01/2016DutchPDF
Full model31/03/201420/09/201402/10/2014DutchPDF
Full model31/03/201320/09/201311/10/2013DutchPDF
Full model31/03/201220/09/201220/10/2012DutchPDF
Full model31/03/201101/10/201128/10/2011DutchPDF
Full model31/03/201020/09/201028/09/2010DutchPDF
Abridged model31/12/200805/05/200908/12/2009FrenchPDF
Abridged model31/12/200726/06/200807/07/2008FrenchPDF
Abridged model31/12/200625/06/200711/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2024

3 active · 15 ended

Active mandates

Jean-François De Saint Martin

Director · since 04 avril 2025

Active
Matthew Tate Jonathan

Director · since 31 juillet 2024

Active
James Whitburn

Director · since 01 octobre 2023

Active

Ended mandates

Jean -François De Saint Martin

Director · since 04 avril 2025

Ended
Jonathan Matthew Tate

Director · since 31 juillet 2024

Ended
Jonathan Tate

Director · since 31 juillet 2024

Ended
Paul Nicholson

Director · since 29 mars 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/09/2026
    Ontslag - Benoeming - Volmachten
    PDF
  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024715,6 k €↑
  2. 2023
    Annual accounts 2023-6,1 k €↓
  3. 2022
    Annual accounts 2022349,1 k €↑
  4. 2021
    Annual accounts 2021-477,6 k €↓
  5. 2020
    Annual accounts 202098,7 k €↓
  6. 2019
    Annual accounts 2019226,2 k €↑
  7. 2018
    Annual accounts 2018194,3 k €↑
  8. 2017
    Annual accounts 2017192,2 k €↓
  9. 2016
    Annual accounts 2016215,9 k €↑
  10. 2015
    Annual accounts 2015123 k €↑
  11. 2014
    Annual accounts 201434,4 k €↓
  12. 2013
    Annual accounts 2013147,9 k €↓
  13. 2012
    Annual accounts 2012284 k €↑
  14. 2011
    Annual accounts 2011164,9 k €↓
  15. 2010
    Annual accounts 2010251,5 k €↑
  16. 2008
    Annual accounts 200820,2 k €
  17. 10/12/1986
    IncorporationPrivate limited company