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REIZEN BOONE

Active
Private limited companyfounded 198343 yrs activeMechelsesteenweg 86, 2550 Kontich, BelgiumKBO/BCE: BE 0424.339.663
Summary

REIZEN BOONE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €69,140 and a net result of -€848. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 14% of 265 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability29▲+16
Solvency36▼-4
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 2.07 in 2023; short-term debt: 55.6% and cash: 35.5% of total assets), but 89.2% of the assets are financed with debt.
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Signals

Six 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-0.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€848
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 265 sector peers (2024).
NBB · sector comparison
Position among 265 sector peers
Solvency
better than 14%
← weakest strongest →
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
28 d late
2022
68 d early
2021
3 d early
2020
31 d early
2019
59 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 June 1983, REIZEN BOONE was incorporated.1 Total assets went from EUR 423,017 in 2018 to EUR 640,879 in 2024 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€69,140▼ 4.2%
2023 · €72,201
Total assets
€640,879▲ 29.7%
2023 · €494,307
Net result
-€848▲ 96.0%
2023 · -€21,460
Working capital
€276,021▲ 9.9%
2023 · €251,178
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€17,679€40,176-€12,179-€17,208▼ 41.3%€3,427
Net result-€19,183within the sector's middle half€43,993within the sector's middle half-€17,102below the sector's middle half-€21,460below the sector's middle half▼ 25.5%-€848below the sector's middle half▲ 96.0%
Equity€66,770within the sector's middle half▼ 22.3%€110,763within the sector's middle half▲ 65.9%€93,661within the sector's middle half▼ 15.4%€72,201below the sector's middle half▼ 22.9%€69,140below the sector's middle half▼ 4.2%
Total assets€173,812below the sector's middle half▼ 62.4%€255,148below the sector's middle half▲ 46.8%€482,624above the sector's middle half▲ 89.2%€494,307below the sector's middle half▲ 2.4%€640,879within the sector's middle half▲ 29.7%
Debt€107,042▼ 71.6%€144,385▲ 34.9%€388,963▲ 169%€422,106▲ 8.5%€571,739▲ 35.4%
Working capital€65,520within the sector's middle half▼ 45.9%€121,422within the sector's middle half▲ 85.3%€378,475above the sector's middle half▲ 212%€251,178within the sector's middle half▼ 33.6%€276,021within the sector's middle half▲ 9.9%
Solvency38.4%within the sector's middle half▲ 19.8pp43.4%within the sector's middle half▲ 5.0pp19.4%within the sector's middle half▼ 24.0pp14.6%below the sector's middle half▼ 4.8pp10.8%below the sector's middle half▼ 3.8pp
Current ratio1.61within the sector's middle half▲ 0.251.94within the sector's middle half▲ 0.334.88above the sector's middle half▲ 2.942.07within the sector's middle half▼ 2.811.78within the sector's middle half▼ 0.29
Return on assets (ROA)-11.0%within the sector's middle half▼ 14.6pp17.2%above the sector's middle half▲ 28.3pp-3.5%below the sector's middle half▼ 20.8pp-4.3%below the sector's middle half▼ 0.8pp-0.1%below the sector's middle half▲ 4.2pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1=1below the sector's middle half=1below the sector's middle half=
above within below the middle half (P25 to P75) of NACE 79, Travel agency, tour operator and other reservation service and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: -€17,679-€17,679Net result 2020: -€19,183-€19,183Operating result 2021: €40,176€40,176Net result 2021: €43,993€43,993Operating result 2022: -€12,179-€12,179Net result 2022: -€17,102-€17,102Operating result 2023: -€17,208-€17,208Net result 2023: -€21,460-€21,460Operating result 2024: €3,427€3,427Net result 2024: -€848-€84820202021202220232024-€30,000-€20,000-€10,000€0Operating result 2022: -€12,179-€12,200Net result 2022: -€17,102-€17,100Operating result 2023: -€17,208-€17,200Net result 2023: -€21,460-€21,500Operating result 2024: €3,427€3,430Net result 2024: -€848-€848202220232024
The operating result returns to profit in 2024: €3,427 after a loss of €17,208 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €640,879
Fixed assets €8,752 ▲ 5.2%
Current assets €632,127 ▲ 30.1%
Equity and liabilities €640,879
Equity €69,140 ▼ 4.2%
Debt €571,739 ▲ 35.4%
Debt's share of the balance-sheet total rises from 85.4% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,812▲
2023 · -€15,110
Cash flow
€2,537▲
2023 · -€19,362
Debt to equity
8.27▲
2023 · 5.85
ROE
-1.2%▲
2023 · -29.7%
Interest coverage
1.19▲
2023 · -2.80
Debt ≤ 1 year
€356,106▲
2023 · €234,811
Income taxes
€579▲
2023 · €397
Staff costs
€71,090▲
2023 · €70,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.5% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,450 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€494,307€640,879▲
Fixed assets21/28€8,317€8,752▲
Tangible fixed assets22/27€7,067€7,502▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€4,972€6,165▲
Other tangible fixed assets26€2,095€1,337▼
Financial fixed assets28€1,250€1,250=
Current assets29/58€485,989€632,127▲
Amounts receivable within one year40/41€130,995€149,618▲
Trade receivables40€126,470€145,913▲
Other amounts receivable41€4,526€3,704▼
Cash at bank and in hand54/58€144,671€227,654▲
Deferred charges and accrued income490/1€210,322€254,856▲
Equity and liabilities
Total equity and liabilities10/49€494,307€640,879▲
Equity10/15€72,201€69,140▼
Contributions10/11€33,400€33,400=
Reserves13€15,497€14,713▼
Tax-exempt reserves132€784€0▼
Distributable reserves133€14,713€14,713=
Profit (loss) carried forward14€23,304€21,027▼
Amounts payable17/49€422,106€571,739▲
Amounts payable within one year42/48€234,811€356,106▲
Trade debts44€57,043€97,335▲
Suppliers440/4€57,043€97,335▲
Advances received on contracts in progress46€168,922€249,740▲
Taxes, remuneration and social security45€8,845€9,030▲
Taxes450/3€751€816▲
Remuneration and social security454/9€8,095€8,214▲
Accrued charges and deferred income492/3€187,294€215,633▲
Income statement Code20232024
Remuneration, social security and pensions62€70,507€71,090▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,098€3,385▲
Other operating charges640/8€1,392€1,487▲
Gross operating margin9900€56,789€79,388▲
Operating profit (loss)9901-€17,208€3,427▲
Financial income75/76B€1,540€2,012▲
Recurring financial income75€1,540€2,012▲
Financial charges65/66B€5,395€5,708▲
Recurring financial charges65€5,395€5,708▲
Profit (loss) for the period before taxes9903-€21,063-€269▲
Income taxes67/77€397€579▲
Profit (loss) for the period9904-€21,460-€848▲
Transfer from tax-exempt reserves789-€784
Profit (loss) for the period to be appropriated9905-€21,460-€64▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,304€21,027▼
Profit (loss) brought forward from the previous period14P€44,764€21,091▼
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€19,250€66,422€70,507€71,090▲ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,171€176€886€2,098€3,385▲ 61.4%
Other operating charges640/8-€1,553€1,232€1,392€1,487▲ 6.8%
Gross operating margin9900€1,995€61,154€56,361€56,789€79,388▲ 39.8%
Operating profit (loss)9901-€17,679€40,176-€12,179-€17,208€3,427▲ 120%
Financial income75/76B-€172€873€1,540€2,012▲ 30.6%
Recurring financial income75€45€172€873€1,540€2,012▲ 30.6%
Financial charges65/66B-€1,125€5,444€5,395€5,708▲ 5.8%
Recurring financial charges65€1,224€1,125€5,444€5,395€5,708▲ 5.8%
Profit (loss) for the period before taxes9903-€18,857€39,223-€16,750-€21,063-€269▲ 98.7%
Income taxes67/77€325-€4,770€352€397€579▲ 45.8%
Profit (loss) for the period9904-€19,183€43,993-€17,102-€21,460-€848▲ 96.0%
Transfer from tax-exempt reserves789----€784-
Profit (loss) for the period to be appropriated9905-€19,183€43,993-€17,102-€21,460-€64▲ 99.7%
Line20202021202220232024Change
Assets
Total assets20/58€173,812€255,148€482,624€494,307€640,879▲ 29.7%
Fixed assets21/28€1,250€4,863€6,578€8,317€8,752▲ 5.2%
Tangible fixed assets22/27-€3,613€5,328€7,067€7,502▲ 6.2%
Plant, machinery and equipment23---€0--
Furniture and vehicles24--€2,475€4,972€6,165▲ 24.0%
Other tangible fixed assets26-€3,613€2,853€2,095€1,337▼ 36.2%
Financial fixed assets28€1,250€1,250€1,250€1,250€1,250=
Current assets29/58€172,562€250,285€476,046€485,989€632,127▲ 30.1%
Amounts receivable within one year40/41€13,179€9,736€183,708€130,995€149,618▲ 14.2%
Trade receivables40-€7,491€181,078€126,470€145,913▲ 15.4%
Other amounts receivable41-€2,245€2,631€4,526€3,704▼ 18.1%
Cash at bank and in hand54/58€105,077€147,092€172,122€144,671€227,654▲ 57.4%
Deferred charges and accrued income490/1-€93,457€120,217€210,322€254,856▲ 21.2%
Equity and liabilities
Total equity and liabilities10/49€173,812€255,148€482,624€494,307€640,879▲ 29.7%
Equity10/15€66,770€110,763€93,661€72,201€69,140▼ 4.2%
Contributions10/11-€33,400€33,400€33,400€33,400=
Reserves13€15,497€15,497€15,497€15,497€14,713▼ 5.1%
Non-distributable reserves130/1-€3,340€3,340---
Reserves not available under the articles1311-€3,340€3,340---
Tax-exempt reserves132-€784€784€784€0▼ 100%
Distributable reserves133-€11,373€11,373€14,713€14,713=
Profit (loss) carried forward14€17,873€61,866€44,764€23,304€21,027▼ 9.8%
Amounts payable17/49€107,042€144,385€388,963€422,106€571,739▲ 35.4%
Amounts payable within one year42/48€107,042€128,863€97,571€234,811€356,106▲ 51.7%
Trade debts44€21,237€10,432€46,309€57,043€97,335▲ 70.6%
Suppliers440/4-€10,432€46,309€57,043€97,335▲ 70.6%
Advances received on contracts in progress46-€116,103€43,259€168,922€249,740▲ 47.8%
Taxes, remuneration and social security45-€2,328€8,004€8,845€9,030▲ 2.1%
Taxes450/3-€645€716€751€816▲ 8.6%
Remuneration and social security454/9-€1,683€7,287€8,095€8,214▲ 1.5%
Accrued charges and deferred income492/3-€15,522€291,392€187,294€215,633▲ 15.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€19,183€43,993-€17,102-€21,460-€848▲ 96.0%
+ Depreciation and write-downs630€3,171€176€886€2,098€3,385▲ 61.4%
Operating cash flow (approximation)-€16,011€44,169-€16,216-€19,362€2,537▲ 113%
Investment in fixed assets (approximation)--€3,789-€2,600-€3,838-€3,820▲ 0.5%
Change in cash-€42,014€25,030-€27,450€82,982▲ 402%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial Weakest financial yearnet -€21,460
Net result drops to -€21,460, the lowest in the series; recovery starts the following year.
24-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 4.88
Current ratio from 1.94 to 4.88; short-term debt falls from €128,863 to €97,571.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €43,993
Net result €43,993 after one loss-making year.
31-12
Financial Equity above €100,000Eq €110,763 ▲65.9%
Equity rises from €66,770 to €110,763.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Kontich · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
202 m²
Building footprint
135 m²
Volume, LiDAR
902 m³
Parcel 11024F0101/00G000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 86, 2550 Kontich
Air transport
since 19832.022.797.319
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024F0101/00G000 Flanders 202 m² 1 · 134 m² 12.2 m · 2 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 to 2025 · 3 entries · 3,029 EUR awarded · 2,030 EUR paid
Year Entries awardedpaid
2025 1 999 EUR0 EUR
2023 1 2,000 EUR2,000 EUR
2022 1 30 EUR30 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 1,029 EUR · 30 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,439 companies in sector 79110 we hold annual accounts for 882. 734 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
Founded27-06-1983
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424339663

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.