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TRAVELBASE

Active Private limited companyfounded 2013active for 13 yearsSassevaartstraat 42, 9000 GhentKBO/BCE: BE 0518.932.281 #1 employer in East Flanders, Travel agencies sector

Lifetime

12 annual accounts with figures on one time axis
peak €4.5m (2023)
-not published
lowest -€572,192 (2021)
€1.9mprevious year 18 months
peak €5.8m (2025)
€5.8m▲ 28.9%
€13.3m▲ 72.6%
peak 83.2 FTE (2025)
83.2 FTE▲ 13.8%
Board5 names since 2019
3 directors and 2 others
Documentsfilings and deeds
29-05-20262 days before the deadline
2025financial year
Staff from 73.1 FTE to 83.2 FTEDividend €561,698Equity from €4.5m to €5.8mDebts from €7.7m to €13.3mInvestments €714,789Cash from €1.6m to €2.3m

Key points

from the 2025 annual accounts

Equity

€5.8m ▲ 28.9%
4.52024+1.9Profit-0.6Dividend5.82025

TRAVELBASE paid out €561,698 in dividends. That is 30% of the 2025 profit.

Debts

€13.3m ▲ 72.6%
Financial debts
+0.8
Suppliers
+0.4
Other debts
+0.3
The rest
+4.2

Debts rose by €5.6m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

74 employees on 31-10-2025
2382152022245240202349348320241701642025

In 2025, 170 people joined and 164 left. On top of that, 7.7 agency workers worked there on average.

Filings

12 annual accounts since 2014
deadline201520202025

Four of the last ten came late. The 2018 accounts came latest: 241 days after the end of the period.

Group

4 companies controlled

Heads a group.

Position in the sector

€1.9m

Higher net result than 95% of companies in travel agencies. Sector median €61,413 · 83 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 546 companies had the same profile as TRAVELBASE has now. Each dot stands for 2 companies, two years later.

95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 546 companies, not a prediction for TRAVELBASE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 14-05-2020
Director, since 14-05-2020
Director, since 15-02-2024
Auditor,
  • 4,500 sharesdeed of 20-05-2020
  • 4,500 sharesdeed of 20-05-2020
  • 1,000 sharesdeed of 20-05-2020

Shares in 4 companies, including and .

Board & ownership

Recent changes

Appointment: (statutory auditor) General meeting of 16-09-2024 · Gazette deed
Merger: TRAVELBASE takes over PRORIDE The company holds all the shares of PRORIDE · General meeting of 31-10-2024 · Gazette deed
Merger proposal: TRAVELBASE takes over PRORIDE The company holds all the shares of PRORIDE · Gazette deed
Appointment: (director) Permanent representative: · General meeting of 08-12-2023 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
TRAVELBASE Ghent €45.7m 5.6% 30.5% 83.2
Herman & Vandamme Menen €24.3m 3.9% 29.5% 85.8
NORDIC INFO Londerzeel €64.4m 6.0% 20.1% 81.5
LiveToTravel Aalst €27.3m 3.3% 21.4% 22.3
Beyond Borders Herentals €23.4m 9.7% 26.1% 20.9
JOKER - JONG TOERISME, JOKER - YOUTH TOURISM Mechelen €19.1m 0.2% 20.3% 90.5
INTERNATIONAL COACH TRAFFIC Rijkevorsel €14.3m 4.7% 28.1% 63.9
-10%0%10%20%€10,000€100,000€1m€10m€100mTRAVELBASEEBIT margin

Grey: the largest companies of the sector (travel agencies (NACE 79)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as TRAVELBASE: travel agency, tour operator and other reservation service and related activities (NACE 79120). They are comparable in size and age: total assets between €7.1m and €64m, founded between 1980 and 2016.

Official details

Source: KBO
Status
Active since 25-02-2013Normal situation
Activity
Travel agency, tour operator and other reservation service and related activitiesNACE 79120and 1 other
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 31-10-2025
Establishment units
2.235.532.8689000 Ghent, since 13-10-2014
2.315.072.9671332 Rixensart, since 25-03-2021
Financial year end
31 October
Peppol
Reachable
Company details

Annual accounts to 31-10-2025

€19.2m▲ 56.4%
Employeeson 31-10-2025
74▲ 8.8%
Filing
Filed on 29-05-2026, 2 days before the end of the filing period
Financials

Insights on TRAVELBASE

TRAVELBASE has existed since 2013. The present size dates from 2022. The gross margin rose that year from €181,959 to €3.6m and staff from 17.1 to 44 full-time equivalents.

Solvency fell in 2025 from 37.0% to 30.5%.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TRAVELBASE

What is the company number of TRAVELBASE?
The company number of TRAVELBASE is 0518.932.281. The VAT number is the same number with BE in front: BE 0518.932.281.
Where is TRAVELBASE based?
The registered office is at Sassevaartstraat 42, 9000 Ghent.Company details
What does TRAVELBASE do?
According to the KBO register, the main activity is travel agency, tour operator and other reservation service and related activities (NACE 79120).
What is the legal form of TRAVELBASE?
TRAVELBASE is a private limited company (BV).
When was TRAVELBASE founded?
TRAVELBASE was founded on 25-02-2013.
Is TRAVELBASE still active?
Yes, TRAVELBASE is an active enterprise in the KBO register.
How many employees does TRAVELBASE have?
TRAVELBASE had an average of 83.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TRAVELBASE fall under?
In its 31-10-2025 annual accounts, TRAVELBASE states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of TRAVELBASE?
The turnover of TRAVELBASE was €45.7m in financial year 2025, according to the filed annual accounts.
Is TRAVELBASE profitable?
In financial year 2025, TRAVELBASE made a profit of €1.9m.
Where can I find the annual accounts of TRAVELBASE?
TRAVELBASE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TRAVELBASE due?
TRAVELBASE must file the annual accounts for financial year 2026 by 31-05-2027.Timeline

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