PAUSE VOYAGE
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
PAUSE VOYAGE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,551 and a net result of €46,551. Its solvency ranks better than 34% of 313 sector peers (NACE 79, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-07-2026
- Format
- abbreviated format
- Reference
- 2026-00360483
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Companies with the same profile, two years later
Historical observationIn July 2024, 7,976 companies had the same profile as PAUSE VOYAGE has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PAUSE VOYAGE itself is lower: 0.4% within 12 months. It rests on far more data about PAUSE VOYAGE than the profile alone.
Test of the method
The method was tested on the 497,445 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 7,976 companies, not a prediction for PAUSE VOYAGE. 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.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €2,209 |
| Other operating charges640/8 | €2,542 |
| Gross operating margin9900 | €70,132 |
| Operating profit (loss)9901 | €65,381 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €4,705 |
| Recurring financial charges65 | €4,705 |
| Profit (loss) for the period before taxes9903 | €60,676 |
| Income taxes67/77 | €14,125 |
| Profit (loss) for the period9904 | €46,551 |
| Profit (loss) for the period to be appropriated9905 | €46,551 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €264,981 | |
| Current assets29/58 | €264,981 | |
| Amounts receivable within one year40/41 | €25,589 | |
| Other amounts receivable41 | €25,589 | |
| Cash at bank and in hand54/58 | €239,158 | |
| Deferred charges and accrued income490/1 | €234 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €264,981 | |
| Equity10/15 | €55,551 | |
| Contributions10/11 | €25,000 | |
| Capital10 | €25,000 | |
| Issued capital100 | €25,000 | |
| Reserves13 | €30,000 | |
| Distributable reserves133 | €30,000 | |
| Profit (loss) carried forward14 | €551 | |
| Amounts payable17/49 | €209,430 | |
| Amounts payable within one year42/48 | €209,430 | |
| Trade debts44 | €54,355 | |
| Suppliers440/4 | €54,355 | |
| Advances received on contracts in progress46 | €114,880 | |
| Taxes, remuneration and social security45 | €24,194 | |
| Taxes450/3 | €24,194 | |
| Other amounts payable47/48 | €16,000 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €46,551 |
| Operating cash flow (approximation) | €46,551 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00360483 | NBB |
Comparable companies
These companies have the same main activity as PAUSE VOYAGE: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €206,000 and €355,000, founded between 2023 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| PAUSE VOYAGE Mons | 2024 | €264,981 | €55,551 | €70,132 | €46,551 | - | 2025 |
| EVASION SUR MESURE Saint-Ghislain | 2023 | €355,055 | €141,744 | €79,110 | €63,785 | - | 2025 |
| VAS-y, Voyage! Mons | 2025 | €206,052 | €72,026 | €101,239 | €60,599 | - | 2025 |
| DERACINEZ-VOUS La Hulpe | 2024 | €256,783 | €57,028 | €47,199 | €32,028 | - | 2025 |
| ATITLAN Ham-sur-Heure-Nalinnes | 2023 | €206,937 | €144,497 | €152,933 | €67,931 | - | 2025 |
| GOODREIS Sint-Gillis (bij-Brussel) | 2023 | €256,492 | €159,514 | €76,872 | €59,642 | 0 | 2025 |
| PASADUR De Panne | 2023 | €223,850 | €78,201 | €38,571 | €26,815 | - | 2025 |
They were chosen from the 858 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.