DGN Travel

Active

Private limited companyfounded 20215 yrs activeKoekoekstraat 137, 2630 Aartselaar, BelgiumKBO/BCE: BE 0765.413.637

The computed 12-month bankruptcy probability of DGN Travel is 2.4% (moderate). The 2025 annual accounts show equity of €49k and a net result of €10k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 442 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability71=

Solvency33▲+1

Growth78=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity short (current ratio 0.99 against 0.97 in 2024; short-term debt: 79.7% and cash: 68.5% of total assets), and 91.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 79

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

8.4%

Return on assets

1.7%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 442 sector peers (2025).

NBB · sector comparison

Position among 442 sector peers

Solvency

better than 20%

← weakest strongest →

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 5 filings

Deviation from the deadline

2025

17 d late

2024

16 d early

2023

7 d early

2022

33 d early

2021

13 d early

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€49k▲ 25.3%

2024 · €39k

2021: €27k 2022: €28k 2023: €28k 2024: €39k

2021 → 2025

Total assets

€582k▲ 5.5%

2024 · €551k

2021: €329k 2022: €514k 2023: €438k 2024: €551k

2021 → 2025

Net result

€10k▼ 10.4%

2024 · €11k

2021: €2k 2022: €2k 2023: €-609 2024: €11k

2021 → 2025

Working capital

€-3k▲ 77.7%

2024 · €-14k

2021: €19k 2022: €23k 2023: €-26k 2024: €-14k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€27k-€28k▲ 6.4%€28k▼ 2.1%€39k▲ 39.4%€49k▲ 25.3%

Operating result€3k-€5k▲ 65.6%€4k▼ 31.0%€18k▲ 396%€13k▼ 25.7%

Net result€2k-€2k▼ 3.0%€-609€11k€10k▼ 10.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 26% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €581k

20.8%

79.2%

Fixed assets €121k▼ 8.9%

Current assets €461k▲ 10.5%

Equity and liabilities €582k

91.6%

Equity €49k▲ 25.3%

Debt €533k▲ 4.0%

The debt ratio falls from 93.0% to 91.6%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€26k▼

2024 · €31k

Cash flow

€23k▼

2024 · €24k

Solvency

8.4%▲

2024 · 7.0%

Current ratio

0.99▲

2024 · 0.97

Quick ratio

0.99▲

2024 · 0.97

Debt / equity

10.97▼

2024 · 13.21

ROE

20.2%▼

2024 · 28.3%

ROA

1.7%▼

2024 · 2.0%

Interest coverage

54.72▲

2024 · 7.57

Debt

€533k▲

2024 · €513k

Debt ≤ 1 year

€464k▲

2024 · €431k

Debt > 1 year

€70k▼

2024 · €82k

Income taxes

€3k▲

2024 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€551k€582k▲

Formation expenses20€2k€442▼

Fixed assets21/28€133k€121k▼

Intangible fixed assets21€83k€71k▼

Financial fixed assets28€50k€50k=

Current assets29/58€417k€461k▲

Amounts receivable within one year40/41€3k€14k▲

Trade receivables40€0-

Other amounts receivable41€3k€14k▲

Cash at bank and in hand54/58€378k€399k▲

Deferred charges and accrued income490/1€37k€48k▲

Equity and liabilities

Total equity and liabilities10/49€551k€582k▲

Equity10/15€39k€49k▲

Contributions10/11€25k€25k=

Reserves13€14k€24k▲

Distributable reserves133€14k€24k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€513k€533k▲

Amounts payable after more than one year17€82k€70k▼

Financial debts170/4€82k€70k▼

Amounts payable within one year42/48€431k€464k▲

Current portion of amounts payable after more than one year42€12k€12k▲

Trade debts44€6k€10k▲

Suppliers440/4€6k€10k▲

Advances received on contracts in progress46€411k€439k▲

Taxes, remuneration and social security45€1k€3k▲

Taxes450/3€1k€3k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼

Other operating charges640/8€505€520▲

Gross operating margin9900€31k€27k▼

Operating profit (loss)9901€18k€13k▼

Financial income75/76B€0€480▲

Recurring financial income75€0€480▲

Financial charges65/66B€4k€479▼

Recurring financial charges65€4k€479▼

Profit (loss) for the period before taxes9903€14k€13k▼

Income taxes67/77€3k€3k▲

Profit (loss) for the period9904€11k€10k▼

Profit (loss) for the period to be appropriated9905€11k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€10k▼

Profit (loss) brought forward from the previous period14P€3k€0▼

Transfer to equity691/2€14k€10k▼

To other reserves6921€14k€10k▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

17-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 17 days late

2025

15-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €11k

Net result €11k after one loss-making year.

24-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-609 ▼136%

Net result drops to €-609, the lowest in the series; recovery starts the following year.

28-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

18-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Aartselaar · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Koekoekstraat 1372630 Aartselaar

Ground area

749 m²

Building footprint

274 m²

Volume, LiDAR

2,234 m³

Parcel 11372D0291/00Y000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

DGN Travel

Koekoekstraat 137, 2630 AartselaarTravel agency activities

since 20212.314.897.971

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11372D0291/00Y000	Flanders	749 m²	1 · 274 m²	10.4 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,438 companies in sector 79110 we hold annual accounts for 880. 684 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-03-2021

Fiscal year end31-12

Activities, NACEBEL

79110Travel agency activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.