E-Travel
ActiveSummary
E-Travel has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580k and a net result of €57k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 32% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency45▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.81 in 2024; short-term debt: 41.4% and cash: 3.5% of total assets), but 79.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
20.3%
Return on assets
2%
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 €580k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
2 d early
2023
56 d early
2022
56 d early
2021
58 d early
2020
40 d early
2019
61 d late
← 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
Equity
€580k▲ 10.9%
2024 · €523k
2018: €657khighest in 8 years
2019: €652k▼ -0.8% vs 2018
2020: €503k▼ -22.9% vs 2019
2021: €232k▼ -53.9% vs 2020lowest in 8 years
2022: €511k▲ +121% vs 2021
2023: €470k▼ -8.1% vs 2022
2024: €523k▲ +11.4% vs 2023
2025: €580k▲ +10.9% vs 2024
2018 → 2025
Total assets
€2.85M▼ 10.6%
2024 · €3.19M
2018: €2.44M
2019: €2.05M▼ -16.1% vs 2018
2020: €1.48M▼ -27.7% vs 2019lowest in 8 years
2021: €1.49M▲ +0.5% vs 2020
2022: €2.08M▲ +39.7% vs 2021
2023: €2.26M▲ +8.4% vs 2022
2024: €3.19M▲ +41.4% vs 2023highest in 8 years
2025: €2.85M▼ -10.6% vs 2024
2018 → 2025
Net result
€57k▲ 6.6%
2024 · €53k
2018: €68k
2019: €40k▼ -41.1% vs 2018
2020: €-149k▼ -474% vs 2019
2021: €-271k▼ -81.7% vs 2020lowest in 8 years
2022: €279k▲ +203% vs 2021highest in 8 years
2023: €170k▼ -39.2% vs 2022
2024: €53k▼ -68.5% vs 2023
2025: €57k▲ +6.6% vs 2024
2018 → 2025
Working capital
€1.16M▼ 1.8%
2024 · €1.18M
2018: €1.23Mhighest in 8 years
2019: €1.05M▼ -15.3% vs 2018
2020: €595k▼ -43.1% vs 2019
2021: €496k▼ -16.7% vs 2020lowest in 8 years
2022: €961k▲ +93.8% vs 2021
2023: €853k▼ -11.2% vs 2022
2024: €1.18M▲ +38.7% vs 2023
2025: €1.16M▼ -1.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€232k-€511k▲ 121%€470k▼ 8.1%€523k▲ 11.4%€580k▲ 10.9%
2021: €232klowest in 5 years
2022: €511k▲ +121% vs 2021
2023: €470k▼ -8.1% vs 2022
2024: €523k▲ +11.4% vs 2023
2025: €580k▲ +10.9% vs 2024highest in 5 years
Operating result€-258k-€292k€190k▼ 35.0%€77k▼ 59.4%€96k▲ 24.0%
2021: €-258klowest in 5 years
2022: €292k▲ +213% vs 2021highest in 5 years
2023: €190k▼ -35.0% vs 2022
2024: €77k▼ -59.4% vs 2023
2025: €96k▲ +24.0% vs 2024
Net result€-271k-€279k€170k▼ 39.2%€53k▼ 68.5%€57k▲ 6.6%
2021: €-271klowest in 5 years
2022: €279k▲ +203% vs 2021highest in 5 years
2023: €170k▼ -39.2% vs 2022
2024: €53k▼ -68.5% vs 2023
2025: €57k▲ +6.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.85M
Fixed assets
€509k ▼ 6.6%
Current assets
€2.34M ▼ 11.5%
Equity and liabilities €2.85M
Equity
€580k ▲ 10.9%
Debt
€2.27M ▼ 14.8%
Debt's share of the balance-sheet total falls from 83.6% to 79.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€211k▲
2024 · €151k
Cash flow
€172k▲
2024 · €128k
Current ratio
1.98▲
2024 · 1.81
Debt to equity
3.92▼
2024 · 5.10
ROE
9.8%▼
2024 · 10.2%
ROA
2.0%▲
2024 · 1.7%
Interest coverage
9.32▲
2024 · 8.09
Debt ≤ 1 year
€1.18M▼
2024 · €1.46M
Debt > 1 year
€244k▼
2024 · €309k
Income taxes
€21k▲
2024 · €5k
Staff costs
€826k▲
2024 · €527k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.19M€2.85M▼
Fixed assets21/28€544k€509k▼
Intangible fixed assets21€242k€219k▼
Tangible fixed assets22/27€297k€263k▼
Land and buildings22€165k€151k▼
Plant, machinery and equipment23€84k€76k▼
Furniture and vehicles24€48k€36k▼
Financial fixed assets28€6k€27k▲
Current assets29/58€2.65M€2.34M▼
Amounts receivable within one year40/41€848k€672k▼
Trade receivables40€788k€585k▼
Other amounts receivable41€60k€87k▲
Cash at bank and in hand54/58€264k€101k▼
Deferred charges and accrued income490/1€1.53M€1.57M▲
Equity and liabilities
Total equity and liabilities10/49€3.19M€2.85M▼
Equity10/15€523k€580k▲
Contributions10/11€33k€33k=
Reserves13€490k€547k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€482k€539k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€2.67M€2.27M▼
Amounts payable after more than one year17€309k€244k▼
Financial debts170/4€309k€244k▼
Amounts payable within one year42/48€1.46M€1.18M▼
Current portion of amounts payable after more than one year42€65k€66k▲
Trade debts44€621k€408k▼
Suppliers440/4€621k€408k▼
Advances received on contracts in progress46€497k€548k▲
Taxes, remuneration and social security45€64k€78k▲
Taxes450/3€7k€0▼
Remuneration and social security454/9€57k€78k▲
Other amounts payable47/48€215k€80k▼
Accrued charges and deferred income492/3€896k€847k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€527k€826k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€115k▲
Other operating charges640/8€10k€6k▼
Gross operating margin9900€689k€1.04M▲
Operating profit (loss)9901€77k€96k▲
Financial income75/76B€390€5k▲
Recurring financial income75€390€5k▲
Financial charges65/66B€19k€23k▲
Recurring financial charges65€19k€23k▲
Profit (loss) for the period before taxes9903€59k€78k▲
Income taxes67/77€5k€21k▲
Profit (loss) for the period9904€53k€57k▲
Profit (loss) for the period to be appropriated9905€53k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€57k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€53k€57k▲
To other reserves6921€53k€57k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908710.113.6▲
The notes to these accounts (22 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 | - | - | - | €2k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €283k | €271k | €413k | €527k | €826k | ▲ 56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €65k | €63k | €74k | €115k | ▲ 55.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-14k | - | - | - | - |
| Other operating charges640/8 | €12k | €24k | €7k | €10k | €6k | ▼ 37.0% |
| Gross operating margin9900 | €111k | €637k | €672k | €689k | €1.04M | ▲ 51.5% |
| Operating profit (loss)9901 | €-258k | €292k | €190k | €77k | €96k | ▲ 24.0% |
| Financial income75/76B | €30 | €2k | €319 | €390 | €5k | ▲ 1,278% |
| Recurring financial income75 | €30 | €2k | €319 | €390 | €5k | ▲ 1,278% |
| Financial charges65/66B | €13k | €14k | €13k | €19k | €23k | ▲ 21.1% |
| Recurring financial charges65 | €13k | €14k | €13k | €19k | €23k | ▲ 21.1% |
| Profit (loss) for the period before taxes9903 | €-270k | €280k | €177k | €59k | €78k | ▲ 33.2% |
| Income taxes67/77 | €878 | €769 | €7k | €5k | €21k | ▲ 299% |
| Profit (loss) for the period9904 | €-271k | €279k | €170k | €53k | €57k | ▲ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €-271k | €279k | €170k | €53k | €57k | ▲ 6.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.49M | €2.08M | €2.26M | €3.19M | €2.85M | ▼ 10.6% |
| Fixed assets21/28 | €430k | €363k | €372k | €544k | €509k | ▼ 6.6% |
| Intangible fixed assets21 | €11k | €7k | €3k | €242k | €219k | ▼ 9.4% |
| Tangible fixed assets22/27 | €412k | €353k | €363k | €297k | €263k | ▼ 11.5% |
| Land and buildings22 | €213k | €198k | €183k | €165k | €151k | ▼ 8.3% |
| Plant, machinery and equipment23 | €153k | €129k | €112k | €84k | €76k | ▼ 9.5% |
| Furniture and vehicles24 | €32k | €25k | €68k | €48k | €36k | ▼ 26.0% |
| Leasing and similar rights25 | €14k | - | - | - | - | - |
| Financial fixed assets28 | €7k | €3k | €6k | €6k | €27k | ▲ 344% |
| Current assets29/58 | €1.06M | €1.72M | €1.88M | €2.65M | €2.34M | ▼ 11.5% |
| Amounts receivable within one year40/41 | €321k | €445k | €547k | €848k | €672k | ▼ 20.8% |
| Trade receivables40 | €269k | €441k | €538k | €788k | €585k | ▼ 25.8% |
| Other amounts receivable41 | €52k | €4k | €10k | €60k | €87k | ▲ 45.9% |
| Cash at bank and in hand54/58 | €308k | €555k | €325k | €264k | €101k | ▼ 61.6% |
| Deferred charges and accrued income490/1 | €429k | €718k | €1.01M | €1.53M | €1.57M | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.49M | €2.08M | €2.26M | €3.19M | €2.85M | ▼ 10.6% |
| Equity10/15 | €232k | €511k | €470k | €523k | €580k | ▲ 10.9% |
| Contributions10/11 | €33k | €33k | €33k | €33k | €33k | = |
| Reserves13 | €583k | €583k | €436k | €490k | €547k | ▲ 11.6% |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Reserves not available under the articles1311 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €575k | €575k | €428k | €482k | €539k | ▲ 11.8% |
| Profit (loss) carried forward14 | €-385k | €-106k | - | €0 | - | - |
| Amounts payable17/49 | €1.26M | €1.57M | €1.79M | €2.67M | €2.27M | ▼ 14.8% |
| Amounts payable after more than one year17 | €377k | €277k | €232k | €309k | €244k | ▼ 21.2% |
| Financial debts170/4 | €377k | €277k | €232k | €309k | €244k | ▼ 21.2% |
| Amounts payable within one year42/48 | €563k | €757k | €1.03M | €1.46M | €1.18M | ▼ 19.3% |
| Current portion of amounts payable after more than one year42 | €101k | €91k | €71k | €65k | €66k | ▲ 0.4% |
| Financial debts43 | €25k | - | - | - | - | - |
| Credit institutions430/8 | €25k | - | - | - | - | - |
| Trade debts44 | €93k | €140k | €304k | €621k | €408k | ▼ 34.2% |
| Suppliers440/4 | €93k | €140k | €304k | €621k | €408k | ▼ 34.2% |
| Advances received on contracts in progress46 | €153k | €299k | €421k | €497k | €548k | ▲ 10.4% |
| Taxes, remuneration and social security45 | €40k | €29k | €53k | €64k | €78k | ▲ 20.9% |
| Taxes450/3 | €2k | €2k | €8k | €7k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €39k | €28k | €45k | €57k | €78k | ▲ 36.3% |
| Other amounts payable47/48 | €151k | €197k | €181k | €215k | €80k | ▼ 62.7% |
| Accrued charges and deferred income492/3 | €318k | €536k | €524k | €896k | €847k | ▼ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-271k | €279k | €170k | €53k | €57k | ▲ 6.6% |
| + Depreciation and write-downs630 | €73k | €65k | €63k | €74k | €115k | ▲ 55.5% |
| Operating cash flow (approximation) | €-198k | €344k | €232k | €128k | €172k | ▲ 35.0% |
| Investment in fixed assets (approximation) | - | €2k | €-72k | €-246k | €-79k | ▲ 67.8% |
| Change in cash | - | €247k | €-230k | €-61k | €-163k | ▼ 166% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €523k ▲11.4%
3 profitable years in a row build equity to €523k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €279k
Net result €279k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €511k ▲121%
Equity rises from €232k to €511k.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-271k
Net result drops to €-271k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
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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, Essen · 2 establishment units since 2002
Ground area
1,185 m²
Building footprint
403 m²
Volume, LiDAR
3,627 m³
2 parcels, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
ESSEN-TRAVEL - E-TRAVEL
since 20022.095.488.624
Verbindingsdok-Westkaai 16, 2000 Antwerpen
since 20232.352.759.051
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016A0055/00R003 | Flanders | 950 m² | 1 · 234 m² | 10.6 m · 2 fl. |
| 11802B0003/00W000 | Flanders | 235 m² | 1 · 169 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 2025 · 4 entries · 123,005 EUR awarded · 123,005 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,166 EUR | 4,166 EUR |
| 2024 | 1 | 473 EUR | 473 EUR |
| 2023 | 1 | 1,665 EUR | 1,665 EUR |
| 2022 | 1 | 116,701 EUR | 116,701 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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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
Founded07-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
Scores and ratios are computed by Checked and are not a credit decision.