ACTIVE

BM TRACK

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Financial year 2025 · closed on 31/12/2025
Net result
38,1 k €
+1.6% YoY
Gross margin
71,9 k €
-1.4% YoY
Equity
200,9 k €
-9.6% YoY

What does BM TRACK do?

BM TRACK is a Private limited company incorporated in 2011. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Zwevegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.249.004
Incorporation
21/01/2011
Legal form
Private limited company
Registered office
Broekenhoek(M) 35
8552 Zwevegem · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
47525Retail sale of hardware, paints and glass in specialised stores· main47525Retail sale of hardware, paints and glass in specialised stores46610Wholesale of agricultural machinery, equipment and supplies46610Wholesale of agricultural machinery, equipment and supplies77310Rental and leasing of agricultural machinery and equipment77310Rental and leasing of agricultural machinery and equipment+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin71,9 k €72,9 k €47 k €20,3 k €17,1 k €16,9 k €30,4 k €23,1 k €31,7 k €29,6 k €54,9 k €120,8 k €-542,5 €-60,2 €-1,3 k €
EBITDA71,4 k €72,3 k €46,5 k €20,3 k €17 k €16,9 k €30,2 k €23 k €31,5 k €29,5 k €54 k €120,7 k €-640,5 €-155,2 €-1,3 k €
Operating result50,8 k €56,6 k €31,5 k €19,5 k €17 k €16,9 k €29,8 k €22,6 k €31,1 k €29,1 k €54 k €120,7 k €-640,5 €-155,2 €-1,3 k €
Net result38,1 k €37,4 k €23,8 k €21,1 k €19,6 k €18,7 k €23,4 k €18,3 k €21,9 k €19,2 k €38,2 k €84 k €-656,1 €-340,5 €-1,4 k €
Balance sheet
Equity200,9 k €222,3 k €208,2 k €202,7 k €203,4 k €203 k €222,5 k €199,1 k €180,8 k €159 k €139,8 k €101,6 k €17,6 k €18,3 k €18,6 k €
Total assets493,6 k €283,2 k €272,6 k €233,5 k €230,7 k €246 k €226,4 k €200,1 k €188,3 k €165,8 k €153,5 k €106 k €18,4 k €18,9 k €19,4 k €
Cash68,9 k €80,3 k €45,4 k €31,7 k €26,9 k €13,1 k €41,2 k €103 k €82,2 k €103,1 k €103 k €104,8 k €15,6 k €18,9 k €4,6 k €
Debts292,6 k €60,9 k €64,4 k €30,8 k €27,3 k €43 k €4 k €961,1 €7,5 k €6,9 k €13,7 k €4,4 k €813,3 €666,5 €784,2 €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

KATHLEEN BERTEEL

Director

Active
PETER MASSCHELEIN

Director

Active

Ended mandates

KATHLEEN BERTEEL

Director · since 31 mai 2023

Ended
PETER MASSCHELEIN

Director · since 31 mai 2023

Ended
KATHLEEN BERTEEL

Manager

Ended
PETER MASSCHELEIN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date22/06/202620/06/202525/06/202427/06/202328/06/202225/06/2021
General meeting20/06/202620/06/202520/06/202420/06/202320/06/202220/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/06/202622/06/2026DutchPDF
Micro model31/12/202420/06/202520/06/2025DutchPDF
Micro model31/12/202320/06/202425/06/2024DutchPDF
Micro model31/12/202220/06/202327/06/2023DutchPDF
Micro model31/12/202120/06/202228/06/2022DutchPDF
Micro model31/12/202020/06/202125/06/2021DutchPDF
Micro model31/12/201920/06/202029/06/2020DutchPDF
Micro model31/12/201820/06/201924/06/2019DutchPDF
Micro model31/12/201720/06/201828/06/2018DutchPDF
Micro model31/12/201620/06/201728/07/2017DutchPDF
Abridged model31/12/201520/06/201628/06/2016DutchPDF
Abridged model31/12/201420/06/201522/06/2015DutchPDF
Abridged model31/12/201320/06/201402/07/2014DutchPDF
Abridged model31/12/201220/06/201327/06/2013DutchPDF
Abridged model31/12/201120/06/201225/07/2012DutchPDF
Estimate

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.

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

KATHLEEN BERTEEL

Director

Active
PETER MASSCHELEIN

Director

Active

Ended mandates

KATHLEEN BERTEEL

Director · since 31 mai 2023

Ended
PETER MASSCHELEIN

Director · since 31 mai 2023

Ended
KATHLEEN BERTEEL

Manager

Ended
PETER MASSCHELEIN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/06/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/02/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202538,1 k €↑
  2. 2024
    Annual accounts 202437,4 k €↑
  3. 2023
    Annual accounts 202323,8 k €↑
  4. 2022
    Annual accounts 202221,1 k €↑
  5. 2021
    Annual accounts 202119,6 k €↑
  6. 2020
    Annual accounts 202018,7 k €↓
  7. 2019
    Annual accounts 201923,4 k €↑
  8. 2018
    Annual accounts 201818,3 k €↓
  9. 2017
    Annual accounts 201721,9 k €↑
  10. 2016
    Annual accounts 201619,2 k €↓
  11. 2015
    Annual accounts 201538,2 k €↓
  12. 2014
    Annual accounts 201484 k €↑
  13. 2013
    Annual accounts 2013-656,1 €↓
  14. 2012
    Annual accounts 2012-340,5 €↑
  15. 2011
    Annual accounts 2011-1,4 k €
  16. 21/01/2011
    IncorporationPrivate limited company