Result
-€17,670 -€17,670
From profit to loss in 2025, after a profit of €71,659 in 2024.
COMPASS
Lifetime
20 annual accounts with figures on one time axis, 41 filings since 1985peak €208,656 (2024)
€85,839▼ 58.9%
lowest -€99,808 (2020)
-€17,670▼ €89,329
peak €146,558 (2024)
€128,888▼ 12.1%
€631,031▼ 3.3%
peak 3 FTE (2006)
1 FTE▼ 37.5%
Board5 names since 2016
3 directors and 2 others
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Gross margin from €208,656 to €85,839Loss of €17,670Staff from 1.6 FTE to 1 FTE2 directors appointed, 1 resignation 30-04Equity from €146,558 to €128,888
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The abbreviated format states no turnover.
Debts
€631,031 83% of the balance sheet
Financial debts 72%Suppliers 21%Taxes and wages 1%Other 7%
Of this, €178,469 falls due within a year.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
41 annual accounts since 1985
The 2025 accounts came 11 days late. The other nine of the last ten were filed on time.
Position in the sector
-€17,670
Lower net result than 88% of companies in travel agencies. Sector median €25,669 · 313 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,451 companies had the same profile as COMPASS has now. Each dot stands for 7 companies, two years later.
93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 2,451 companies, not a prediction for COMPASS. 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
Managing director
Managing director,
Director
Director, since 28-03-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0426871858
2 directors appointed, 1 resignation
Resignation: · Appointments: and (managing director) · General meeting of 28-03-2025 · Gazette deed
New sole director
appointed, resigned · General meeting of 11-07-2024 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: and · Permanent representative: · Appointment: (managing director) · General meeting of 03-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COMPASS Turnhout | €759,919 | €85,839 | 17.0% | 1 |
| MALDO - REIZEN Maldegem | €820,827 | €111,405 | 23.6% | 0.9 |
| PAUWELS TRAVEL EVENTS Keerbergen | €551,994 | €126,844 | 31.6% | 1 |
| GECHRITI Zottegem | €564,741 | €102,244 | 23.7% | 1 |
| AZURIET REIZEN Ostend | €959,097 | €56,403 | 28.6% | 1.1 |
| I B TRAVEL Ghent | €953,527 | €115,889 | 14.3% | 1.1 |
| FORWARD TRAVEL Bruges | €903,130 | €112,835 | 47.6% | 1 |
These companies have the same main activity as COMPASS: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €552,000 and €959,000, founded between 1976 and 1996.
Official details
Source: KBO- Status
- Active since 28-02-1985Normal situation
- Activity
- Travel agency activitiesNACE 79110
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.026.540.9252300 Turnhout, since 28-02-1985
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €759,919▼ 4.9%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 11-08-2026
Insights on COMPASS
COMPASS files the abbreviated format. That format states no turnover. The gross margin fell from €196,604 in 2006 to €85,839 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
In April 2025, the Official Gazette published the appointment of as managing director.
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 COMPASS
- What is the company number of COMPASS?
- The company number of COMPASS is 0426.871.858. The VAT number is the same number with BE in front: BE 0426.871.858.
- Where is COMPASS based?
- The registered office is at de Merodelei 81, 2300 Turnhout.Company details
- What does COMPASS do?
- According to the KBO register, the main activity is travel agency activities (NACE 79110).
- What is the legal form of COMPASS?
- COMPASS is a public limited company (NV).
- When was COMPASS founded?
- COMPASS was founded on 28-02-1985.
- Is COMPASS still active?
- Yes, COMPASS is an active enterprise in the KBO register.
- How many employees does COMPASS have?
- COMPASS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COMPASS fall under?
- In its 2023 annual accounts, COMPASS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of COMPASS?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €85,839 and 1,300 comparable companies of the same size. It probably lies between €150,000 and €460,000. It is a rough estimate.
- Is COMPASS profitable?
- In financial year 2025, COMPASS made a loss of €17,670.
- Where can I find the annual accounts of COMPASS?
- COMPASS filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COMPASS due?
- COMPASS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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