ERTRACO
0454.958.803 · rovalta.com · 10/11/2026
ACTIVE
ERTRACO
Financial year 2025 · Closed on 31/12/2025
Net result31,9 k €-28,3 %over 1 year
Gross margin150,5 k €-11,2 %over 1 year
Equity3,3 M €+1,0 %over 1 year
Workforce0,9 ETP-30,8 %over 1 year
Overview
Identity
Source · BCE/KBOERTRACO is a Public limited company incorporated in 1995. Its main activity is: Raising of horses and other equines. Its registered office is in Kapellen. It employs on average 0,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0454.958.803
- Incorporation
- 30/03/1995
- Legal form
- Public limited company
- Registered office
- Kalmthoutsesteenweg 120
2950 Kapellen · FlandreSee on map - Contributed capital
- 62 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 0,9 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 21 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 150,5 k € | -11.2% | 169,4 k € | +1960% | 8,2 k € | -98.3% | 479,2 k € | -40.3% | 802,9 k € |
| EBITDA | 115,9 k € | -12.4% | 132,3 k € | +692% | -22,4 k € | -105% | 442,3 k € | -42.9% | 774,3 k € |
| Operating result | 26,3 k € | -49.0% | 51,7 k € | +151% | -102,4 k € | -128% | 363,7 k € | -45.8% | 671,5 k € |
| Net result | 31,9 k € | -28.3% | 44,5 k € | +141% | -108,1 k € | -140% | 269,9 k € | -44.3% | 484,5 k € |
| Balance sheet | |||||||||
| Equity | 3,3 M € | +1.0% | 3,3 M € | +1.4% | 3,3 M € | -3.2% | 3,4 M € | +8.7% | 3,1 M € |
| Total assets | 3,6 M € | -4.8% | 3,7 M € | -10.1% | 4,2 M € | +4.5% | 4 M € | +0.5% | 4 M € |
| Cash | 54,1 k € | -34.5% | 82,5 k € | +204% | 27,2 k € | -84.1% | 171,4 k € | +731% | 20,6 k € |
| Debts | 219,7 k € | -49.0% | 431 k € | -52.0% | 897,5 k € | +46.9% | 611,2 k € | -29.1% | 861,5 k € |
| Other | |||||||||
| Workforce | 0,9 ETP | -30.8% | 1,3 ETP | 0.0% | 1,3 ETP | 0.0% | 1,3 ETP | -13.3% | 1,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bart Stokmans | Directorsince 08/05/2012 | ||
Erik Van Der Veken | Managing directorsince 08/05/2012Mandate2011 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Kim Vercammen | Director08/05/2012 → 01/04/2015 |
Other companies at this address
Kalmthoutsesteenweg 120 2950 Kapellen| Company | CBE no. |
|---|---|
Diëtiste Sally Van der Veken● Active | 1024.551.711 |
Mastenhof R.C.● Active | 0460.149.885 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 25/08/2026 | 26/08/2025 | 27/08/2024 | 26/07/2023 | 30/07/2022 | 30/06/2021 |
| General meeting | 18/05/2026 | 19/05/2025 | 21/05/2024 | 15/05/2023 | 16/05/2022 | 17/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 18/05/2026 | 25/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/05/2025 | 26/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/05/2024 | 27/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/05/2023 | 26/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 16/05/2022 | 30/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 17/05/2021 | 30/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 18/05/2020 | 28/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 20/05/2019 | 29/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 22/05/2018 | 27/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 15/05/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 30/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 18/05/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/03/2015 | 31/03/2015 | Dutch | |
| Abridged model | 31/12/2012 | 14/05/2013 | 30/03/2015 | Dutch | |
| Abridged model | 31/12/2011 | 08/05/2012 | 17/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 03/05/2011 | 23/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 04/05/2010 | 21/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 05/05/2009 | 03/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 06/05/2008 | 14/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 19/07/2007 | Dutch | |
| Abridged model | 31/12/2005 | 30/06/2006 | 15/03/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bart Stokmans | Directorsince 08/05/2012 | ||
Erik Van Der Veken | Managing directorsince 08/05/2012Mandate2011 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Kim Vercammen | Director08/05/2012 → 01/04/2015 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates22/09/2026Ontslag - benoeming bestuurders .
- Mandates11/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates22/05/2018ONTSLAGEN - BENOEMINGEN
- Other14/07/2017uitbreiding doel, statutenwijziging. |
- Mandates28/08/2015ontslag bestuurder
- Registered office02/05/2014VERPLAATSTING MAATSCHAPPELIJKE ZETEL
- Mandates08/10/2012ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Bart Stokmans
Erik Van Der Veken
Kim Vercammen
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ERTRACO
Kalmthoutsesteenweg 120, 2950 Kapellen
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Kalmthoutsesteenweg 120, 2950 KapellenCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00421020 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| ERTRACOCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00421020 |
Events
- 2025Annual accounts 202531,9 k €↓
- 2024Annual accounts 202444,5 k €↑
- 2023Annual accounts 2023-108,1 k €↓
- 2022Annual accounts 2022269,9 k €↓
- 2021Annual accounts 2021484,5 k €↓
- 2020Annual accounts 2020512,6 k €↑
- 2019Annual accounts 2019187,8 k €↓
- 2018Annual accounts 2018337,1 k €↑
- 2017Annual accounts 201747,3 k €↓
- 2016Annual accounts 201659 k €↓
- 2015Annual accounts 2015138,7 k €↑
- 2014Annual accounts 2014-6,9 k €↑
- 2013Annual accounts 2013-13,5 k €↓
- 2012Annual accounts 2012-4,9 k €↑
- 2011Annual accounts 2011-43,9 k €↑
- 2010Annual accounts 2010-51,3 k €↓
- 2009Annual accounts 2009-12,1 k €↑
- 2008Annual accounts 2008-134,4 k €↓
- 2007Annual accounts 2007-19 k €↓
- 2006Annual accounts 200638 k €
- 30/03/1995IncorporationPublic limited company