ARENA TRAVEL
The computed 12-month bankruptcy probability of ARENA TRAVEL is 1.3% (low). The 2024 annual accounts show equity of €93k and a net result of €-23k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 147 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €93k |
| Net result | €-23k |
| Better than sector | 43% |
| Active | 18 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.9% | 31.8% | |
| Net result | €-23k | €4k | |
| Equity | €93k | €26k | |
| Gross operating margin | €-22k | €17k | |
| Total assets | €373k | €74k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-25k |
| Net profit | €-23k |
| Cash flow | €-23k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €373k |
| Equity | €93k |
| Debt | €280k |
| of which ≤ 1y | €280k |
| of which > 1y | - |
| Working capital | €93k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.33 |
| Quick ratio | 1.33 |
| Working capital ratio | 24.9% |
| Solvency | 24.9% |
| Debt / equity | 3.01 |
| Long-term debt ratio | - |
| Interest coverage | -41.79 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.2% |
| ROE | -25.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €373k |
| Fixed assets | 21/28 | €212 |
| Tangible fixed assets | 22/27 | €212 |
| Current assets | 29/58 | €373k |
| Amounts receivable within one year | 40/41 | €83k |
| Cash & bank | 54/58 | €185k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €373k |
| Equity | 10/15 | €93k |
| Contributions / capital | 10/11 | €25k |
| Accumulated profits (losses) | 14 | €68k |
| Amounts payable | 17/49 | €280k |
| Amounts payable within one year | 42/48 | €280k |
| Trade debts payable within one year | 44 | €279k |
| Income statement | ||
| Gross operating margin | 9900 | €-22k |
| Operating result | 9901 | €-26k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €609 |
| Result before taxes | 9903 | €-23k |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
-
CARMANS MariaDirectorState Gazette act 23439171 (29-11-2023)Current29-11-2023 → present
-
PORTERS MaartenDirectorState Gazette act 23439171 (29-11-2023)Current29-11-2023 → present
| NACE primary | Activiteiten van reisbureaus(79110) |
| Legal form | Private limited company(610) |
| Incorporation | 18-06-2008 |
| Status | Active |
| Postal code | 3290 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24120A0172/00K000 | Flanders | 934 m² | 1 · 538 m² | 6.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-11-2023 2 directors appointed
- CARMANS Maria, Bestuurder
- PORTERS Maarten, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "CARMANS Maria",
"address": "3290 Diest, Halensebaan 148",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "PORTERS Maarten",
"address": "3545 Halen, Liebroekstraat 117",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_pending",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder(s) voor de uitoefening van hun mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jan Van Gorp",
"firm_city": null,
"firm_name": null,
"office_city": "Diest",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-29",
"filing_date": "2023-11-27",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-27",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0899.335.104",
"name_full": "ARENA TRAVEL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jan Van Gorp",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie van de akte"
],
"corrected_publication_numac": null
}| Legal nameNL | ARENA TRAVEL |