Keolis Travel
ActiveKeolis Travel has been active since 1948 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €482k and a net result of €167k. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 192 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+68
Solvency70▲+14
Growth85▲+33
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.44 in 2023; short-term debt: 54.5% and cash: 1.3% of total assets), but 55.4% of the assets are financed with debt.
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
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
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
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
44 d early
2022
47 d early
2021
44 d early
2020
24 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.13M▲ 105,443%
2023 · €3k
2020: €319k
2021: €486k
2023: €3k
2020 → 2024
EBIT margin
4.8%▲ 1637.0pp
2023 · -1632.2%
2020: -290.2%
2021: -98.8%
2023: -1632.2%
2020 → 2024
Net result
€167k
2023 · €-89k
2020: €-945k
2021: €-495k
2022: €223k
2023: €-89k
2020 → 2024
Working capital
€438k▲ 44.8%
2023 · €303k
2020: €-91k
2021: €-410k
2022: €-518k
2023: €303k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€319k-€486k▲ 52.4%€3k€3.13M▲ 105,443%
Equity€-223k-€-719k▼ 222%€-496k▲ 31.0%€315k€482k▲ 52.9%
Operating result€-926k-€-480k▲ 48.1%€294k€-48k€150k
Net result€-945k-€-495k▲ 47.6%€223k€-89k€167k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €150k after a loss of €48k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.08M
Fixed assets
€53k▲ 96.1%
Current assets
€1.03M▲ 3.5%
Equity and liabilities €1.08M
Equity
€482k▲ 52.9%
Provisions
€10k▼ 33.6%
Debt
€588k▼ 14.6%
The debt ratio falls from 67.6% to 54.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€169k▲
2023 · €-37k
Cash flow
€186k▲
2023 · €-78k
Solvency
44.6%▲
2023 · 30.9%
Current ratio
1.75▲
2023 · 1.44
Quick ratio
1.75▲
2023 · 1.44
Debt / equity
1.22▼
2023 · 2.19
ROE
34.6%▲
2023 · -28.3%
ROA
15.4%▲
2023 · -8.8%
Interest coverage
17.88▲
2023 · -1.37
Debt
€588k▼
2023 · €688k
Debt ≤ 1 year
€588k▼
2023 · €688k
Income taxes
€206
Staff costs
€250k▲
2023 · €233k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.02M€1.08M▲
Fixed assets21/28€27k€53k▲
Intangible fixed assets21€10k€23k▲
Tangible fixed assets22/27€13k€26k▲
Furniture and vehicles24€2k€24k▲
Other tangible fixed assets26€11k€2k▼
Financial fixed assets28€5k€5k=
Other financial fixed assets284/8€5k€5k=
Amounts receivable and cash guarantees285/8€5k€5k=
Current assets29/58€991k€1.03M▲
Amounts receivable within one year40/41€63k€984k▲
Trade receivables40€58k€259k▲
Other amounts receivable41€5k€726k▲
Cash at bank and in hand54/58€903k€14k▼
Deferred charges and accrued income490/1€25k€28k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.08M▲
Equity10/15€315k€482k▲
Contributions10/11€1.63M€1.63M=
Capital10€1.63M€1.63M=
Issued capital100€1.63M€1.63M=
Reserves13€57k€57k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Tax-exempt reserves132€38k€38k=
Profit (loss) carried forward14€-1.38M€-1.21M▲
Provisions and deferred taxes16€15k€10k▼
Provisions for liabilities and charges160/5€15k€10k▼
Other liabilities and charges164/5€15k€10k▼
Amounts payable17/49€688k€588k▼
Amounts payable within one year42/48€688k€588k▼
Trade debts44€28k€314k▲
Suppliers440/4€28k€314k▲
Advances received on contracts in progress46-€61k
Taxes, remuneration and social security45€78k€46k▼
Taxes450/3€57k€11k▼
Remuneration and social security454/9€21k€34k▲
Other amounts payable47/48€582k€168k▼
Income statement
Code20232024
Operating income70/76A€279k€3.20M▲
Turnover70€3k€3.13M▲
Other operating income74€276k€30k▼
Non-recurring operating income76A-€36k
Operating charges60/66A€327k€3.05M▲
Goods for resale, raw materials and consumables60€55k€2.24M▲
Purchases600/8€55k€2.24M▲
Services and other goods61€29k€338k▲
Remuneration, social security and pensions62€233k€250k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-61k€-44k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-5k
Other operating charges640/8€60k€76k▲
Non-recurring operating charges66A-€176k
Operating profit (loss)9901€-48k€150k▲
Financial income75/76B€736€27k▲
Recurring financial income75€736€27k▲
Income from current assets751-€22k
Other financial income752/9€736€5k▲
Financial charges65/66B€41k€9k▼
Recurring financial charges65€41k€9k▼
Debt charges650€27k-
Other financial charges652/9€15k€9k▼
Profit (loss) for the period before taxes9903€-89k€167k▲
Income taxes67/77-€206
Taxes670/3-€206
Profit (loss) for the period9904€-89k€167k▲
Profit (loss) for the period to be appropriated9905€-89k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.38M€-1.21M▲
Profit (loss) brought forward from the previous period14P€-1.29M€-1.38M▼
Social balance
Average headcount (FTE)90873.54.0▲
The notes to these accounts (51 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €167k
Net result €167k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 14current ratio 1.44
Current ratio from 0.11 to 1.44.
31-12
Financial
Equity above €200kEq €315k
Equity rises from €-496k to €315k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €223k
Net result €223k after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-06-2023
BV Vlamigin: Resigned as Director
29-03-2019
Eric Cabanne: Resigned as Director
01-09-2014
Busiriorm: Resigned as Director
01-09-2014
Marc RENOUPREZ: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 1948
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.
De Béjarlaan 51120 BrusselGround area
2.2 ha
Building footprint
983 m²
Volume, LiDAR
6,637 m³
2 parcels, Brussels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Autocars Henri De Boeck et Voyages André Leloup - Autocars Henri De Boeck en Reizen André Leloup
since 19482.006.467.170
DE BOECK INCOMING AND EVENTS
since 20002.006.467.269
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0576/00X010 | Wallonia | 1.1 ha | 1 · 983 m² | 8.3 m · 2 fl. |
| 21819A0099/00B011 | Brussels | 1.1 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 · 1 entry · 45,000 EUR awarded · 45,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 45,000 EUR | 45,000 EUR |
Schemes
Vlaams Beschermingsmechanisme 10 (stopgezet)
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SALEF
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Of 1,439 companies in sector 79110 we hold annual accounts for 880. 660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-04-1948
Fiscal year end31-12
Activities, NACEBEL
60230
79110Travel agency activities
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.