AVITOUR
ActiveSummary
AVITOUR has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €583k and a net result of €177k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-11
Solvency52▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.26 in 2024; short-term debt: 63.5% and cash: 34% of total assets), and 73.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Travel agency, tour operator and other reservation service and related activities (NACE 79)
about 121% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.5%
Return on assets
8.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €583k
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
121 d early
2023
on the day
2022
5 d early
2021
on the day
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€177k▼ 60.8%
2024 · €452k
2018: €99k
2019: €198k▲ +99.9% vs 2018
2020: €240k▲ +21.6% vs 2019
2021: €14k▼ -94.2% vs 2020lowest in 8 years
2022: €340k▲ +2334% vs 2021
2023: €382k▲ +12.2% vs 2022
2024: €452k▲ +18.4% vs 2023highest in 8 years
2025: €177k▼ -60.8% vs 2024
2018 → 2025
Working capital
€619k▲ 24.4%
2024 · €498k
2018: €1.64Mhighest in 8 years
2019: €402k▼ -75.5% vs 2018
2020: €565k▲ +40.4% vs 2019
2021: €591k▲ +4.5% vs 2020
2022: €868k▲ +46.9% vs 2021
2023: €182k▼ -79.0% vs 2022lowest in 8 years
2024: €498k▲ +174% vs 2023
2025: €619k▲ +24.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€620k-€960k▲ 54.9%€342k▼ 64.4%€494k▲ 44.4%€583k▲ 18.0%
2021: €620k
2022: €960k▲ +54.9% vs 2021highest in 5 years
2023: €342k▼ -64.4% vs 2022lowest in 5 years
2024: €494k▲ +44.4% vs 2023
2025: €583k▲ +18.0% vs 2024
Operating result€34k-€455k▲ 1,237%€569k▲ 25.0%€737k▲ 29.6%€142k▼ 80.7%
2021: €34klowest in 5 years
2022: €455k▲ +1237% vs 2021
2023: €569k▲ +25.0% vs 2022
2024: €737k▲ +29.6% vs 2023highest in 5 years
2025: €142k▼ -80.7% vs 2024
Net result€14k-€340k▲ 2,334%€382k▲ 12.2%€452k▲ 18.4%€177k▼ 60.8%
2021: €14klowest in 5 years
2022: €340k▲ +2334% vs 2021
2023: €382k▲ +12.2% vs 2022
2024: €452k▲ +18.4% vs 2023highest in 5 years
2025: €177k▼ -60.8% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.20M
Fixed assets
€183k ▲ 3.0%
Current assets
€2.01M ▼ 17.8%
Equity and liabilities €2.20M
Equity
€583k ▲ 18.0%
Provisions
€220k ▲ 25.7%
Debt
€1.40M ▼ 28.8%
Debt's share of the balance-sheet total falls from 74.6% to 63.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206k▼
2024 · €795k
Cash flow
€241k▼
2024 · €510k
Current ratio
1.44▲
2024 · 1.26
Debt to equity
2.39▼
2024 · 3.97
ROE
30.4%▼
2024 · 91.5%
ROA
8.1%▼
2024 · 17.2%
Interest coverage
52.76▼
2024 · 395.08
Debt ≤ 1 year
€1.39M▼
2024 · €1.95M
Income taxes
€-34k▼
2024 · €303k
Staff costs
€590k▲
2024 · €499k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.63M€2.20M▼
Fixed assets21/28€178k€183k▲
Intangible fixed assets21€16k€9k▼
Tangible fixed assets22/27€162k€174k▲
Furniture and vehicles24€162k€174k▲
Financial fixed assets28€289€289=
Current assets29/58€2.45M€2.01M▼
Amounts receivable within one year40/41€1.51M€1.24M▼
Trade receivables40€1.43M€1.21M▼
Other amounts receivable41€80k€27k▼
Cash at bank and in hand54/58€907k€747k▼
Deferred charges and accrued income490/1€34k€26k▼
Equity and liabilities
Total equity and liabilities10/49€2.63M€2.20M▼
Equity10/15€494k€583k▲
Contributions10/11€25k€25k=
Reserves13€469k€558k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€0-
Distributable reserves133€466k€555k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€175k€220k▲
Provisions for liabilities and charges160/5€175k€220k▲
Pensions and similar obligations160€0-
Other liabilities and charges164/5€175k€220k▲
Amounts payable17/49€1.96M€1.40M▼
Amounts payable within one year42/48€1.95M€1.39M▼
Trade debts44€1.19M€1.21M▲
Suppliers440/4€1.19M€1.21M▲
Advances received on contracts in progress46€22k€3k▼
Taxes, remuneration and social security45€435k€90k▼
Taxes450/3€362k€8k▼
Remuneration and social security454/9€73k€81k▲
Other amounts payable47/48€305k€89k▼
Accrued charges and deferred income492/3€7k€285▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€499k€590k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€64k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€100k€45k▼
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€0€9k▲
Gross operating margin9900€1.40M€854k▼
Operating profit (loss)9901€737k€142k▼
Financial income75/76B€19k€5k▼
Recurring financial income75€19k€5k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€754k€144k▼
Income taxes67/77€303k€-34k▼
Profit (loss) for the period9904€452k€177k▼
Transfer from tax-exempt reserves789€21k€0▼
Profit (loss) for the period to be appropriated9905€473k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€473k€177k▼
Transfer from equity791/2€0-
Transfer to equity691/2€173k€89k▼
To other reserves6921€173k€89k▼
Profit to be distributed694/7€300k€89k▼
Return on contributions (dividend)694€300k€89k▼
Social balance
Average headcount (FTE)90875.05.9▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | €4k | €16k | €0 | - | - |
| Remuneration, social security and pensions62 | €153k | €254k | €445k | €499k | €590k | ▲ 18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €15k | €38k | €58k | €64k | ▲ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-121k | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €75k | €100k | €45k | ▼ 55.0% |
| Other operating charges640/8 | €614 | €63k | €728 | €2k | €5k | ▲ 208% |
| Non-recurring operating charges66A | - | €660 | €16k | €0 | €9k | - |
| Gross operating margin9900 | €203k | €667k | €1.14M | €1.40M | €854k | ▼ 38.8% |
| Operating profit (loss)9901 | €34k | €455k | €569k | €737k | €142k | ▼ 80.7% |
| Financial income75/76B | €141 | €318 | €91 | €19k | €5k | ▼ 71.7% |
| Recurring financial income75 | €141 | €318 | €91 | €19k | €5k | ▼ 71.7% |
| Financial charges65/66B | €4k | €6k | €11k | €2k | €4k | ▲ 93.9% |
| Recurring financial charges65 | €4k | €6k | €7k | €2k | €4k | ▲ 93.9% |
| Non-recurring financial charges66B | €360 | €306 | €3k | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €30k | €449k | €558k | €754k | €144k | ▼ 81.0% |
| Income taxes67/77 | €16k | €109k | €176k | €303k | €-34k | ▼ 111% |
| Profit (loss) for the period9904 | €14k | €340k | €382k | €452k | €177k | ▼ 60.8% |
| Transfer from tax-exempt reserves789 | - | - | €310k | €21k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €14k | €340k | €692k | €473k | €177k | ▼ 62.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.42M | €1.83M | €2.75M | €2.63M | €2.20M | ▼ 16.4% |
| Fixed assets21/28 | €29k | €93k | €235k | €178k | €183k | ▲ 3.0% |
| Intangible fixed assets21 | €17k | €26k | €25k | €16k | €9k | ▼ 39.7% |
| Tangible fixed assets22/27 | €9k | €63k | €209k | €162k | €174k | ▲ 7.1% |
| Plant, machinery and equipment23 | €559 | - | - | - | - | - |
| Furniture and vehicles24 | €383 | €63k | €209k | €162k | €174k | ▲ 7.1% |
| Other tangible fixed assets26 | €8k | - | - | - | - | - |
| Financial fixed assets28 | €3k | €3k | €289 | €289 | €289 | = |
| Current assets29/58 | €1.39M | €1.74M | €2.52M | €2.45M | €2.01M | ▼ 17.8% |
| Amounts receivable within one year40/41 | €535k | €861k | €1.22M | €1.51M | €1.24M | ▼ 17.8% |
| Trade receivables40 | €394k | €746k | €1.19M | €1.43M | €1.21M | ▼ 15.1% |
| Other amounts receivable41 | €141k | €115k | €33k | €80k | €27k | ▼ 66.1% |
| Cash at bank and in hand54/58 | €789k | €823k | €1.18M | €907k | €747k | ▼ 17.6% |
| Deferred charges and accrued income490/1 | €63k | €57k | €118k | €34k | €26k | ▼ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.42M | €1.83M | €2.75M | €2.63M | €2.20M | ▼ 16.4% |
| Equity10/15 | €620k | €960k | €342k | €494k | €583k | ▲ 18.0% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €595k | €935k | €317k | €469k | €558k | ▲ 18.9% |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Tax-exempt reserves132 | €331k | €331k | €21k | €0 | - | - |
| Distributable reserves133 | €261k | €601k | €293k | €466k | €555k | ▲ 19.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | €75k | €175k | €220k | ▲ 25.7% |
| Provisions for liabilities and charges160/5 | - | - | €75k | €175k | €220k | ▲ 25.7% |
| Pensions and similar obligations160 | - | - | €75k | €0 | - | - |
| Other liabilities and charges164/5 | - | - | - | €175k | €220k | ▲ 25.7% |
| Amounts payable17/49 | €796k | €874k | €2.34M | €1.96M | €1.40M | ▼ 28.8% |
| Amounts payable within one year42/48 | €796k | €874k | €2.34M | €1.95M | €1.39M | ▼ 28.6% |
| Trade debts44 | €781k | €718k | €1.10M | €1.19M | €1.21M | ▲ 1.9% |
| Suppliers440/4 | €781k | €718k | €1.10M | €1.19M | €1.21M | ▲ 1.9% |
| Advances received on contracts in progress46 | - | - | - | €22k | €3k | ▼ 85.6% |
| Taxes, remuneration and social security45 | €14k | €152k | €236k | €435k | €90k | ▼ 79.4% |
| Taxes450/3 | €631 | €114k | €179k | €362k | €8k | ▼ 97.7% |
| Remuneration and social security454/9 | €14k | €38k | €57k | €73k | €81k | ▲ 11.8% |
| Other amounts payable47/48 | €532 | €3k | €1.00M | €305k | €89k | ▼ 70.9% |
| Accrued charges and deferred income492/3 | - | - | - | €7k | €285 | ▼ 96.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €340k | €382k | €452k | €177k | ▼ 60.8% |
| + Depreciation and write-downs630 | €15k | €15k | €38k | €58k | €64k | ▲ 10.3% |
| Operating cash flow (approximation) | €29k | €355k | €420k | €510k | €241k | ▼ 52.7% |
| Investment in fixed assets (approximation) | - | €-78k | €-181k | €-1k | €-69k | ▼ 6,658% |
| Change in cash | - | €34k | €352k | €-269k | €-160k | ▲ 40.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €583k ▲18%
8 profitable years in a row build equity to €583k.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €452k ▲18.4%
Operating result €737k, net result €452k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €14k ▼94.2%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500kEq €606k ▲65.8%
3 profitable years in a row build equity to €606k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2021
Ground area
1,983 m²
Building footprint
770 m²
Volume, LiDAR
11,608 m³
Parcel 23644H0066/00F000, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
AVITOUR
since 20212.321.550.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0066/00F000 | Flanders | 1,983 m² | 1 · 770 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 25,804 EUR awarded · 25,804 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,077 EUR | 3,077 EUR |
| 2023 | 1 | 227 EUR | 227 EUR |
| 2022 | 1 | 22,500 EUR | 22,500 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
64884QSG453U4E21QE82
Similar companies · same sector, comparable size
MSC CRUISES BELGIUM
BE 0445.788.541
Anderlecht · Eq €581,971
JOWI REIZEN
BE 0895.841.619
Sint-Truiden · Eq €584,893
E-Travel
BE 0475.601.985
Essen · Eq €580,027
MAGPARO
BE 0821.522.001
Montigny-le-Tilleul · Eq €585,294
Omnitravel Plus
BE 0849.873.121
Deinze · Eq €578,811
Of 1,438 companies in sector 79110 we hold annual accounts for 881. 624 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-07-1995
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.