EASYTOURS
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 13-07-2026 at the NBB all 35 filings
Turnover
≈ €1.8m
Estimated: probably between €1.2m and €3.0m
EBIT margin
Not included in this filing
Net result
€273,307▼ 32.6%
2024 · €405,271
Working capital
€870,740▲ 106%
2024 · €423,346
In the rankings
#4 oldest company in Wemmel, Administrative and support services sector#7 company by total assets in Wemmel, Administrative and support services sector#7 company by equity in Wemmel, Administrative and support services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€396,758
▼ 19.4%
2025
20182025
Net result
€273,307
▼ 32.6%
2025
highest quarter of the sector
20182025
Equity
€926,406
▲ 41.8%
2025
middle half of the sector
20182025
Total assets
€2.7m
▲ 43.0%
2025
middle half of the sector
20182025
Debt
€1.8m
▲ 43.6%
2025
20182025
Working capital
€870,740
▲ 106%
2025
middle half of the sector
20182025
Solvency
34.0%
▼ 0.3pp
2025
middle half of the sector
20182025
Current ratio
1.52
▲ 0.18
2025
middle half of the sector
20182025
Return on assets (ROA)
10.0%
▼ 11.2pp
2025
highest quarter of the sector
20182025
Staff (FTE)
5.2
▲ 2.0%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.2m▲ 3.8%-€0.2m-€0.1m▲ 52.7%€0.08m€0.1m▲ 59.7%€0.5m▲ 306%€0.4m▼ 19.4%
Net result€0.1m-€0.1m▼ 2.0%-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 50.5%€0.06mwithin the sector's middle half€0.1mabove the sector's middle half▲ 119%€0.4mabove the sector's middle half▲ 201%€0.3mabove the sector's middle half▼ 32.6%
Equity€0.9m-€1.0m▲ 16.3%€0.7mabove the sector's middle half▼ 31.6%€0.6mabove the sector's middle half▼ 16.2%€0.5mabove the sector's middle half▼ 7.7%€0.5mwithin the sector's middle half▼ 6.5%€0.7mabove the sector's middle half▲ 33.1%€0.9mwithin the sector's middle half▲ 41.8%
Total assets€2.1m-€2.5m▲ 22.5%€2.1mabove the sector's middle half▼ 16.5%€1.3mwithin the sector's middle half▼ 39.0%€1.6mwithin the sector's middle half▲ 27.9%€2.0mwithin the sector's middle half▲ 22.8%€1.9mwithin the sector's middle half▼ 5.8%€2.7mwithin the sector's middle half▲ 43.0%
Debt€1.2m-€1.5m▲ 26.9%€1.4m▼ 10.1%€0.7m▼ 47.9%€1.1m▲ 56.1%€1.5m▲ 36.5%€1.3m▼ 18.2%€1.8m▲ 43.6%
Working capital€0.7m-€0.8m▲ 14.7%€0.5mabove the sector's middle half▼ 35.9%€0.4mwithin the sector's middle half▼ 33.5%€0.3mwithin the sector's middle half▼ 9.4%€0.2mwithin the sector's middle half▼ 26.4%€0.4mwithin the sector's middle half▲ 79.1%€0.9mwithin the sector's middle half▲ 106%
Solvency41.4%-39.3%▼ 2.1pp32.1%within the sector's middle half▼ 7.1pp44.2%above the sector's middle half▲ 12.0pp31.9%within the sector's middle half▼ 12.3pp24.3%within the sector's middle half▼ 7.6pp34.3%within the sector's middle half▲ 10.0pp34.0%within the sector's middle half▼ 0.3pp
Current ratio1.68-1.57▼ 0.101.40within the sector's middle half▼ 0.181.49within the sector's middle half▲ 0.101.29within the sector's middle half▼ 0.211.15below the sector's middle half▼ 0.131.34within the sector's middle half▲ 0.181.52within the sector's middle half▲ 0.18
Return on assets (ROA)6.9%-5.5%▼ 1.4pp-10.5%within the sector's middle half▼ 16.0pp-8.5%below the sector's middle half▲ 2.0pp3.7%within the sector's middle half▲ 12.2pp6.7%within the sector's middle half▲ 2.9pp21.3%above the sector's middle half▲ 14.6pp10.0%above the sector's middle half▼ 11.2pp
Staff (FTE)4.6-4.6=4.4within the sector's middle half▼ 4.3%3.6within the sector's middle half▼ 18.2%3.2within the sector's middle half▼ 11.1%4.8within the sector's middle half▲ 50.0%5.1within the sector's middle half▲ 6.3%5.2within the sector's middle half▲ 2.0%
above
within
below
The sector band is the middle half of the companies in Travel agency, tour operator and other reservation service and related activities (NACE 79). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 19% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€185,666 ▼ 19.2%
Current assets
€2.5m ▲ 51.5%
Equity and liabilities €2.7m
Equity
€926,406 ▲ 41.8%
Debt
€1.8m ▲ 43.6%
Debt's share of the balance-sheet total rises from 65.7% to 66.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€421,002▼
2024 · €516,688
Cash flow
€297,552▼
2024 · €429,840
Debt to equity
1.94▲
2024 · 1.92
ROE
29.5%▼
2024 · 62.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€1.7m▲
2024 · €1.3m
Debt > 1 year
€130,000
Income taxes
€128,966▲
2024 · €91,178
Staff costs
€361,077▲
2024 · €319,527
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 5 | 5 | 6 |
| full-time | 2 | 4 | 5 | 5 | 6 |
| part-time | 2 | - | - | - | 0 |
| in full-time equivalents | 3.6 | 4 | 5 | 5 | 6 |
| Average over the year, in full-time equivalents | 3.6 | 3.2 | 4.8 | 5.1 | 5.2 |
| On a permanent contract | 4 | 4 | 5 | 5 | 6 |
| Joined | - | 1 | 2 | 1 | 1 |
| Left | - | 1 | 1 | 1 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,561 | €55,431 | - | - |
| Financial fixed assets | - | - | €10,000 | - | €0 |
| Depreciation and write-downs of the year | €18,387 | €13,288 | €14,820 | €24,570 | €24,245 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 2 entries · €160,847 awarded · €160,847 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.08m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 1.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.05m | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.002m | €0.007m | €0.003m | €0.002m | €0.002m | ▲ 12.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.3m | - |
| Gross operating margin9900 | €0.5m | €0.5m | -€0.03m | -€0.06m | €0.3m | €0.4m | €0.8m | €1.1m | ▲ 27.6% |
| Operating profit (loss)9901 | €0.2m | €0.2m | -€0.2m | -€0.1m | €0.08m | €0.1m | €0.5m | €0.4m | ▼ 19.4% |
| Financial income75/76B | - | - | - | €0.001m | €0.006m | €0.02m | €0.007m | €0.008m | ▲ 15.8% |
| Recurring financial income75 | €0.002m | €0.002m | €0.005m | €0.001m | €0.006m | €0.01m | €0.007m | €0.008m | ▲ 15.8% |
| Non-recurring financial income76B | - | - | - | - | - | €0.008m | - | - | - |
| Financial charges65/66B | - | - | - | €0.003m | €0.003m | €0.001m | €0.003m | €0.003m | ▼ 2.5% |
| Recurring financial charges65 | €0.005m | €0.006m | €0.01m | €0.003m | €0.003m | €0.001m | €0.003m | €0.003m | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | -€0.2m | -€0.1m | €0.08m | €0.1m | €0.5m | €0.4m | ▼ 19.0% |
| Income taxes67/77 | €0.07m | €0.08m | -€0.01m | -€244 | €0.02m | €0.004m | €0.09m | €0.1m | ▲ 41.4% |
| Profit (loss) for the period9904 | €0.1m | €0.1m | -€0.2m | -€0.1m | €0.06m | €0.1m | €0.4m | €0.3m | ▼ 32.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.07m | €0.1m | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.1m | -€0.2m | -€0.04m | €0.2m | €0.1m | €0.4m | €0.3m | ▼ 32.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €2.5m | €2.1m | €1.3m | €1.6m | €2.0m | €1.9m | €2.7m | ▲ 43.0% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 19.2% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 12.1% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 6.9% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.06m | €0.05m | €0.03m | ▼ 28.8% |
| Financial fixed assets28 | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.01m | ▼ 66.7% |
| Current assets29/58 | €1.8m | €2.3m | €1.9m | €1.1m | €1.4m | €1.8m | €1.7m | €2.5m | ▲ 51.5% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.04m | €0.08m | €0.4m | €0.2m | €0.4m | €0.5m | ▲ 30.5% |
| Trade receivables40 | - | - | - | €0.07m | €0.4m | €0.2m | €0.3m | €0.4m | ▲ 44.2% |
| Other amounts receivable41 | - | - | - | €0.005m | €0.002m | €0.02m | €0.07m | €0.06m | ▼ 23.5% |
| Current investments50/53 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 13.1% |
| Cash at bank and in hand54/58 | €0.9m | €1.2m | €0.9m | €0.3m | €0.3m | €0.9m | €0.7m | €1.2m | ▲ 83.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.4m | €0.3m | €0.3m | €0.4m | ▲ 58.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €2.5m | €2.1m | €1.3m | €1.6m | €2.0m | €1.9m | €2.7m | ▲ 43.0% |
| Equity10/15 | €0.9m | €1.0m | €0.7m | €0.6m | €0.5m | €0.5m | €0.7m | €0.9m | ▲ 41.8% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.8m | €0.9m | €0.8m | €0.8m | €0.6m | €0.4m | €0.6m | €0.9m | ▲ 46.2% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.1m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.6m | €0.4m | €0.6m | €0.9m | ▲ 46.7% |
| Profit (loss) carried forward14 | - | - | -€0.2m | -€0.3m | -€0.1m | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | €0.05m | - | - | - | - | - | - |
| Amounts payable17/49 | €1.2m | €1.5m | €1.4m | €0.7m | €1.1m | €1.5m | €1.3m | €1.8m | ▲ 43.6% |
| Amounts payable after more than one year17 | €0.1m | €0.08m | €0.03m | - | - | - | - | €0.1m | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €0.1m | - |
| Amounts payable within one year42/48 | €1.1m | €1.5m | €1.3m | €0.7m | €1.1m | €1.5m | €1.3m | €1.7m | ▲ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | - | - | - | - | - |
| Trade debts44 | €0.07m | €0.02m | €0.007m | €0.1m | €0.007m | €0.2m | €0.07m | €0.03m | ▼ 62.9% |
| Suppliers440/4 | - | - | - | €0.1m | €0.007m | €0.2m | €0.07m | €0.03m | ▼ 62.9% |
| Advances received on contracts in progress46 | - | - | - | €0.5m | €1.1m | €1.3m | €1.1m | €1.6m | ▲ 41.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.006m | €0.02m | €0.04m | €0.04m | ▼ 7.5% |
| Taxes450/3 | - | - | - | €0.001m | €0.002m | €0.004m | - | - | - |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.004m | €0.02m | €0.04m | €0.04m | ▼ 7.5% |
| Other amounts payable47/48 | - | - | - | €0.004m | €0.001m | €0.003m | €0.004m | €0.002m | ▼ 30.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €158 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €141,973 | €139,124 | -€221,665 | -€109,696 | €61,436 | €134,817 | €405,271 | €273,307 | ▼ 32.6% |
| + Depreciation and write-downs630 | €20,196 | €20,196 | €17,623 | €18,387 | €13,288 | €14,820 | €24,570 | €24,245 | ▼ 1.3% |
| Operating cash flow (approximation) | €162,169 | €159,320 | -€204,042 | -€91,309 | €74,724 | €149,637 | €429,840 | €297,552 | ▼ 30.8% |
| Investment in fixed assets (approximation) | - | €0 | -€4,139 | €0 | -€2,561 | -€65,431 | €0 | €20,000 | - |
| Change in cash | - | €250,779 | -€232,542 | -€644,929 | -€10,245 | €572,911 | -€195,123 | €552,379 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as EASYTOURS has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EASYTOURS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for EASYTOURS. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 13-07-2026 | 2026-00301314 | |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00282792 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00181228 | |
| 31-12-2022 | abbreviated format | 12-07-2023 | 2023-00235144 | |
| 31-12-2021 | abbreviated format | 26-07-2022 | 2022-20237635 | |
| 31-12-2020 | abbreviated format | 20-07-2021 | 2021-38300562 | |
| 31-12-2019 | abbreviated format | 31-08-2020 | 2020-50100032 | |
| 31-12-2018 | abbreviated format | 30-07-2019 | 2019-43600470 | |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-36300199 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-38100300 |