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GENERATION VOYAGES

Active
Private limited company (pre-2019)founded 2016active for 10 yearsVan Ooststraat 3, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0656.613.091

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GENERATION VOYAGES has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76,245 and a net result of €2,209. Equity has been growing by about 7.7% per year since 2018. Its solvency ranks better than 67% of 585 sector peers (NACE 79, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 13-06-2016 Normal situation
Activity
Travel agency activities NACE 79110
Establishment unit
2.279.252.847 1030 Schaarbeek, since 31-08-2018
Financial year end
31 December
Peppol
Reachable since 08-05-2026

Board and ownership

Board
  • DUNCAN Martinez MendozaDirector · since 30-09-2017

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2024
Gross margin
€81,022
▲ 20.9%
Turnover
≈ €240,000
estimated
Profit
€2,209
▼ 70.4%
Equity
€76,245
▲ 3.0%
Total assets
€139,754
▲ 10.3%
Staff
2.8 FTE
▲ 33.3%
2025 accounts not filed, 93 days past the deadline
Filed on 27-06-2025PDF
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 27-06-2025)1 financial year not filed after the legal deadline; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.86, cash €45,748Equity €76,245 (54.6% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in travel agencies (NACE 79)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 80-3
equity 54.6% of total assets
Liquidity 70-15
short-term debt 43.5% · cash 32.7%
Profitability 71-5
return on assets 1.6%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,004 companies, NACE 79, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▼ -0.3 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 1.4%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.86 (2.18 in 2023), above the usual 1.5. Short-term debt is 43.5% and cash 32.7% of total assets. 45.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 79, micro). It does better than 69% of them on solvency, 64% on liquidity, 55% on profitability and 45% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 27-06-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.86, cash €45,748
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €76,245 (54.6% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
34 days early
2023
50 days late
2022
29 days early
2021
131 days late
2020
61 days late
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 29 days after the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €2,209 7 years View

Comparable companies

These companies have the same main activity as GENERATION VOYAGES: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €97,900 and €229,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
GENERATION VOYAGES Schaarbeek€139,754€81,022
ERTOUR VOYAGES Schaarbeek€191,360€75,373
REIS-TOURS Schaarbeek€229,468€81,543
MINA TRAVEL Anderlecht€126,196€42,123
EXCLUSIVE TRAVEL Knokke-Heist€181,691€64,130
ART VOYAGES Mouscron€97,913€90,709
ODYSSEA TRAVEL Chimay€110,967€126,575
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GENERATION VOYAGES

What is the company number of GENERATION VOYAGES?
The company number of GENERATION VOYAGES is 0656.613.091. The VAT number is the same number with BE in front: BE 0656.613.091.
Where is GENERATION VOYAGES based?
The registered office is at Van Ooststraat 3, 1030 Schaarbeek.Company details
What does GENERATION VOYAGES do?
According to the KBO register, the main activity is travel agency activities (NACE 79110).
What is the legal form of GENERATION VOYAGES?
The legal form of GENERATION VOYAGES is Private limited company (pre-2019) (BVBA).
When was GENERATION VOYAGES founded?
GENERATION VOYAGES was founded on 13-06-2016.
Is GENERATION VOYAGES still active?
Yes, GENERATION VOYAGES is an active enterprise in the KBO register.
How many employees does GENERATION VOYAGES have?
GENERATION VOYAGES had an average of 2.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GENERATION VOYAGES?
The turnover in financial year 2024 is ≈ €240,000. This figure is estimated from the gross margin of €81,022 and 2,678 comparable companies of the same size. It probably lies between €160,000 and €420,000. It is a rough estimate. In financial year 2020 turnover was €227,366.
Is GENERATION VOYAGES profitable?
In financial year 2024, GENERATION VOYAGES made a profit of €2,209.
Where can I find the annual accounts of GENERATION VOYAGES?
GENERATION VOYAGES filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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