ACTIVE

Ctrack Belgium

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Financial year 2025 · closed on 31/12/2025
Net result
121,4 k €
-9.1% YoY
Gross margin
131,3 k €
-5.2% YoY
Equity
-37,2 k €
+76.6% YoY

What does Ctrack Belgium do?

Ctrack Belgium is a Private limited company incorporated in 2008. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Vilvoorde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0895.653.557
Incorporation
11/02/2008
Legal form
Private limited company
Registered office
Mechelsesteenweg 277
1800 Vilvoorde · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
46646Wholesale of machinery for the textile industry and of sewing and knitting machines· main46696Wholesale of other machinery and equipment46500Wholesale of information and communication equipment46510Wholesale of computers, computer peripheral equipment and software
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212011201020092008
Income statement
Gross margin131,3 k €138,5 k €154,5 k €65,3 k €–215,7 k €95,9 k €101,7 k €-14,4 k €
EBITDA131,3 k €137,4 k €139 k €40,6 k €-7,8 k €-89,5 k €-77 k €-34,6 k €-33,8 k €
Operating result122,2 k €134,5 k €132 k €35,8 k €-13,2 k €-90,4 k €-83 k €-35 k €-33,8 k €
Net result121,4 k €133,6 k €131,1 k €34,3 k €-14,9 k €-98,7 k €-87,7 k €-38,4 k €-34,3 k €
Balance sheet
Equity-37,2 k €-158,6 k €-292,3 k €-423,4 k €-457,7 k €-240,5 k €-141,9 k €-54,2 k €-15,7 k €
Total assets270,1 k €167 k €372,5 k €293 k €306,5 k €609,4 k €567,5 k €264,3 k €17,2 k €
Cash210,4 k €95,7 k €276,7 k €200,2 k €217,9 k €47,8 k €27 k €23,9 k €4,4 k €
Debts304,8 k €323,1 k €661,7 k €712,8 k €751,7 k €749,6 k €512,4 k €305,8 k €22 k €
Other
Workforce––0,0 ETP–0,8 ETP3,7 ETP2,8 ETP1,6 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Hilger Van Dam

Director · since 30 novembre 2017

Active

Ended mandates

Hilger van Dam

Manager · since 30 novembre 2017

Ended
Ian Holt

Manager · since 01 août 2013

Ended
Ian HOLT

Director · since 01 août 2013

Ended
Jeffrey Dixon

Manager · since 31 octobre 2012 · until 31 juillet 2013

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull 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 date30/07/202603/07/202529/08/202413/06/202318/11/202225/01/2022
General meeting30/06/202610/06/202510/06/202412/06/202313/06/202224/01/2022
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202410/06/202503/07/2025DutchPDF
Abridged model31/12/202310/06/202429/08/2024DutchPDF
Abridged model31/12/202212/06/202313/06/2023DutchPDF
Full model31/12/202113/06/202218/11/2022DutchPDF
Full model31/12/202024/01/202225/01/2022DutchPDF
Full model31/12/201908/06/202008/07/2020DutchPDF
Full model31/12/201811/06/201924/06/2019DutchPDF
Full model31/12/201711/06/201826/06/2018DutchPDF
Full model31/12/201612/06/201704/07/2017DutchPDF
Full model30/06/201514/12/201523/12/2015DutchPDF
Full model30/06/201408/12/201423/12/2014DutchPDF
Full model30/06/201330/12/201331/01/2014DutchPDF
Full model30/06/201210/12/201231/01/2013DutchPDF
Abridged model30/06/201112/12/201113/12/2011DutchPDF
Abridged model30/06/201013/12/201016/12/2010DutchPDF
Abridged model30/06/200914/12/200914/12/2009DutchPDF
Abridged model30/06/200808/12/200810/12/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Hilger Van Dam

Director · since 30 novembre 2017

Active

Ended mandates

Hilger van Dam

Manager · since 30 novembre 2017

Ended
Ian Holt

Manager · since 01 août 2013

Ended
Ian HOLT

Director · since 01 août 2013

Ended
Jeffrey Dixon

Manager · since 31 octobre 2012 · until 31 juillet 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/03/2016
    BOEKJAAR
    PDF
  • Mandates13/03/2014
    ONTSLAGEN - BENOEMINGEN
    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 2025121,4 k €↓
  2. 2024
    Annual accounts 2024133,6 k €↑
  3. 2023
    Annual accounts 2023131,1 k €↑
  4. 2022
    Annual accounts 202234,3 k €↑
  5. 2022
    Name changeInseego Belgium
  6. 2021
    Annual accounts 2021-14,9 k €↑
  7. 2012
    Name changeCtrack Belgium
  8. 2011
    Annual accounts 2011-98,7 k €↓
  9. 2010
    Annual accounts 2010-87,7 k €↓
  10. 2009
    Annual accounts 2009-38,4 k €↓
  11. 2008
    Annual accounts 2008-34,3 k €
  12. 11/02/2008
    IncorporationPrivate limited company
  13. 2008
    Name changeC-TRACK BELGIUM