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ATLAS REIZEN

Active
Private limited companyfounded 1985active for 40 yearsJan Bouckaertstraat 22, 8790 Waregem, BelgiumKBO/BCE: BE 0428.103.263
Summary

ATLAS REIZEN has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €604,544 and a net result of €54,238. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 16% of 310 sector peers (NACE 79, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Travel agency activities
NACE 79110
7th largest company by total assets in West Flanders, Travel agencies sector2 sites
Size
€5.0mtotal assets 2025
Staff
13.8 FTE
Equity
€604,544
Profit
€54,238
Turnover not published (abbreviated format)
Financial health
78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
BSCOVERY · 100%
Board
4 members
Auditor: RSM Interaudit SCRLAccounts 23 days early4 of 7 deeds read
Why 78raises riskEquity €604,544 (12.1% of total assets)Profit of €54,238 (financial year 2025)lowers riskFounded in 1985Figures for financial year 2025 (filed 08-07-2026)Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 13% of its sector peers (NACE 79, small)
Financial strength · tick = 2024
Weak
Solvency 37-36
equity 12.1% of total assets
Liquidity 24-15
short-term debt 68.3% · cash 8.5%
Profitability 35-43
return on assets 1.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (83 companies, NACE 79, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.45, compared with 2.13 in 2024, below the usual 1.5; short-term debt: 68.3% and cash: 8.5% of total assets), and 87.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 79, small): better than 17% on solvency, 15% on liquidity, 17% on profitability and 4% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €604,544 (12.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Profit of €54,238 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 310 sector peers (2025).
NBB · sector comparison
Position among 310 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
83 days early
2023
48 days early
2022
80 days early
2021
71 days early
2020
66 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 53 days before the deadline; the sector median (NACE 79) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: CommV Bea Consulting (director)Permanent representative: Françoise Amez ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €334,616 to €54,238 ▼ 83.8% View
  • Caution: Among the weakest 17% on solvencysector median 30.9% · 310 companies 12.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €54,238 8 years View
  • Controlled by BSCOVERYultimately: NV IPM GROUP 100% View
  • A director leftlatest change 31-03-2026 · 4 in office 1 left View
  • Flemish supportawarded from 2022 to 2024 €169,899 View

By topic

Financials

Financial year
2025
Total assets
€5.0m
Profit
€54,238
Solvency
12.1%
Total assets▲ 15.8%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
BSCOVERY · 100%
Auditor
RSM Interaudit SCRL
  • Alexis le HodeyDirector
  • ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERSDirector
  • BSCOVERYDirector
  • Bea ConsultingDirector
Go to Board & ownership

Timeline

Events
47
Since
1987
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €2m
  2. 13-06-2024Annual accounts filed
  3. 13-05-2024Appointments: BSCOVERY, ASSOCIATION DES GRANDS VOYAGEURS-VERENIGING VOOR…
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Travel agency activitiesNACE 79110
Founded
10-12-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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