NABAA
ActiveSummary
NABAA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €310. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-38
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 27.56 against 30.29 in 2024; short-term debt: 3.6% and cash: 70.7% of total assets), and 3.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · 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
96.4%
Return on assets
0.5%
Age of the figures
9 mo
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
5 d early
2023
4 d early
2022
4 d early
2021
31 d late
2020
61 d late
2019
4 d early
← 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, micro schema
Equity
€64k▲ 0.5%
2024 · €64k
Total assets
€66k▲ 0.8%
2024 · €66k
Net result
€310▼ 94.1%
2024 · €5k
Working capital
€63k▲ 0.7%
2024 · €62k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19k▲ 23.6%€-1k€1k€5k▲ 237%€270▼ 94.1%
Net result€20k▲ 29.6%€-2k€2k€5k▲ 205%€310▼ 94.1%
Equity€59k▲ 51.8%€57k▼ 3.5%€58k▲ 3.1%€64k▲ 9.1%€64k▲ 0.5%
Total assets€61k▲ 3.4%€60k▼ 1.5%€61k▲ 1.5%€66k▲ 8.5%€66k▲ 0.8%
Debt€2k▼ 90.0%€3k▲ 55.7%€2k▼ 26.7%€2k▼ 6.6%€2k▲ 11.1%
Working capital€59k▲ 51.8%€57k▼ 3.5%€57k▲ 0.8%€62k▲ 9.5%€63k▲ 0.7%
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 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€980 ▼ 12.5%
Current assets
€65k ▲ 1.1%
Equity and liabilities €66k
Equity
€64k ▲ 0.5%
Debt
€2k ▲ 11.1%
Debt's share of the balance-sheet total rises from 3.2% to 3.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€410▼
2024 · €5k
Cash flow
€450▼
2024 · €5k
Current ratio
27.56▼
2024 · 30.29
Debt to equity
0.04▲
2024 · 0.03
ROE
0.5%▼
2024 · 8.3%
ROA
0.5%▼
2024 · 8.0%
Interest coverage
2.54▼
2024 · 35.12
Debt ≤ 1 year
€2k▲
2024 · €2k
Income taxes
€480
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €24k | €4k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €140 | €140 | €140 | = |
| Other operating charges640/8 | €101 | €102 | €109 | €118 | €1k | ▲ 992% |
| Gross operating margin9900 | €19k | €-1k | €2k | €5k | €2k | ▼ 64.7% |
| Operating profit (loss)9901 | €19k | €-1k | €1k | €5k | €270 | ▼ 94.1% |
| Financial income75/76B | €886 | - | €763 | €860 | €681 | ▼ 20.8% |
| Recurring financial income75 | €886 | - | €763 | €860 | €681 | ▼ 20.8% |
| Financial charges65/66B | €125 | €126 | €386 | €134 | €161 | ▲ 20.7% |
| Recurring financial charges65 | €125 | €126 | €386 | €134 | €161 | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €20k | €-2k | €2k | €5k | €790 | ▼ 85.0% |
| Income taxes67/77 | - | €536 | - | - | €480 | - |
| Profit (loss) for the period9904 | €20k | €-2k | €2k | €5k | €310 | ▼ 94.1% |
| Profit (loss) for the period to be appropriated9905 | €20k | €-2k | €2k | €5k | €310 | ▼ 94.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €60k | €61k | €66k | €66k | ▲ 0.8% |
| Fixed assets21/28 | - | - | €1k | €1k | €980 | ▼ 12.5% |
| Tangible fixed assets22/27 | - | - | €1k | €1k | €980 | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | €1k | €1k | €980 | ▼ 12.5% |
| Current assets29/58 | €61k | €60k | €59k | €65k | €65k | ▲ 1.1% |
| Amounts receivable within one year40/41 | €15k | €16k | €20k | €18k | €18k | ▲ 1.6% |
| Trade receivables40 | - | €2k | €1k | €500 | €1k | ▲ 139% |
| Other amounts receivable41 | €15k | €14k | €19k | €18k | €17k | ▼ 2.3% |
| Cash at bank and in hand54/58 | €46k | €43k | €39k | €46k | €47k | ▲ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €60k | €61k | €66k | €66k | ▲ 0.8% |
| Equity10/15 | €59k | €57k | €58k | €64k | €64k | ▲ 0.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €47 | €47 | €47 | €47 | €47 | = |
| Non-distributable reserves130/1 | €47 | €47 | €47 | €47 | €47 | = |
| Reserves not available under the articles1311 | €47 | €47 | €47 | €47 | €47 | = |
| Profit (loss) carried forward14 | €40k | €38k | €40k | €45k | €45k | ▲ 0.7% |
| Amounts payable17/49 | €2k | €3k | €2k | €2k | €2k | ▲ 11.1% |
| Amounts payable within one year42/48 | €2k | €3k | €2k | €2k | €2k | ▲ 11.1% |
| Trade debts44 | €671 | €2k | €1k | €891 | €2k | ▲ 103% |
| Suppliers440/4 | €671 | €2k | €1k | €891 | €2k | ▲ 103% |
| Taxes, remuneration and social security45 | €1k | €1k | €1k | €1k | €557 | ▼ 55.1% |
| Taxes450/3 | €1k | €1k | €1k | €1k | €557 | ▼ 55.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €-2k | €2k | €5k | €310 | ▼ 94.1% |
| + Depreciation and write-downs630 | - | - | €140 | €140 | €140 | = |
| Operating cash flow (approximation) | €20k | €-2k | €2k | €5k | €450 | ▼ 91.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €-3k | €-4k | €7k | €388 | ▼ 94.7% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €20k ▲29.6%
Operating result €19k, net result €20k, both a record.
31-12
Financial
Liquidity times 10current ratio 30.28
Current ratio from 2.93 to 30.28; short-term debt falls from €20k to €2k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 336 days late
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 701 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 12.39
Current ratio from 3.27 to 12.39; short-term debt falls from €7k to €2k.
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2012
Ground area
86 m²
Building footprint
68 m²
Volume, LiDAR
602 m³
Parcel 11805E0444/00X006, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NABBA
since 20122.211.505.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0444/00X006 | Flanders | 86 m² | 1 · 67 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 · 3,620 EUR awarded · 3,620 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,620 EUR | 3,620 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Similar companies · same sector, comparable size
BIG EUROPE - B.T.T.B. BUREAU DE TOURISME TCHEQUE - TSJECHISCH TOERISME BUREAU
BE 0451.364.853
Evere · Eq €63,981
BESPOKE TRAVELS
BE 1001.057.222
Vorst · Eq €63,671
ABILIO
BE 0534.482.173
Lint · Eq €64,041
AFRICA EXPRESS BELGIUM
BE 0751.701.894
Elsene · Eq €63,576
gp events
BE 0792.602.836
Mont-Saint-Guibert · Eq €64,159
Of 1,438 companies in sector 79110 we hold annual accounts for 881. 726 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 (pre-2019)
Founded02-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
Scores and ratios are computed by Checked and are not a credit decision.