NORMAL SITUATION

Operating Tracks

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Financial year 2025 · closed on 31/12/2025
Net result
122,6 k €
-32.5% YoY
Gross margin
181,3 k €
-32.9% YoY
Equity
521,1 k €
+30.8% YoY

Company — Normal situation.

Strike-off: 16 septembre 2026

What does Operating Tracks do?

Operating Tracks is a Private limited company incorporated in 2019.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0737.903.051
Incorporation
21/11/2019
Legal form
Private limited company
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin181,3 k €270 k €129,5 k €75,5 k €57,3 k €5,7 k €
EBITDA180,8 k €269,5 k €129 k €75 k €56,9 k €4,6 k €
Operating result180,1 k €268,7 k €127,4 k €73,2 k €55,2 k €3,7 k €
Net result122,6 k €181,7 k €90,8 k €53,1 k €44,4 k €3,4 k €
Balance sheet
Equity521,1 k €398,5 k €216,7 k €125,9 k €72,8 k €28,4 k €
Total assets539,4 k €481,6 k €229,3 k €141,2 k €92,9 k €33,3 k €
Cash505,1 k €312 k €158,7 k €97,2 k €53,7 k €15,4 k €
Debts18,3 k €83,2 k €12,6 k €15,3 k €20,1 k €4,9 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Jean-Luc De Meyer

Director · since 20 novembre 2019

Active
Patrick Codenys

Director · since 20 novembre 2019

Active

Ended mandates

JEAN LUC DE MEYER

Administrator - manager

Ended
JEAN-LUC DE MEYER

Director

Ended
PATRICK CODENYS

Director

Ended
PATRICK CODENYS

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202121/11/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months14 months
Filing date02/06/202605/06/202524/06/202426/07/202328/07/202226/07/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202602/06/2026DutchPDF
Micro model31/12/202430/05/202505/06/2025DutchPDF
Micro model31/12/202331/05/202424/06/2024DutchPDF
Micro model31/12/202226/05/202326/07/2023DutchPDF
Micro model31/12/202127/05/202228/07/2022DutchPDF
Micro model31/12/202028/05/202126/07/2021DutchPDF
Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Jean-Luc De Meyer

Director · since 20 novembre 2019

Active
Patrick Codenys

Director · since 20 novembre 2019

Active

Ended mandates

JEAN LUC DE MEYER

Administrator - manager

Ended
JEAN-LUC DE MEYER

Director

Ended
PATRICK CODENYS

Director

Ended
PATRICK CODENYS

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other22/09/2026
    —
    PDF
  • Registered office04/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other25/11/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF
  • Other25/11/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025122,6 k €↓
  2. 2024
    Annual accounts 2024181,7 k €↑
  3. 2023
    Annual accounts 202390,8 k €↑
  4. 2022
    Annual accounts 202253,1 k €↑
  5. 2021
    Annual accounts 202144,4 k €↑
  6. 2020
    Annual accounts 20203,4 k €
  7. 21/11/2019
    IncorporationPrivate limited company