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TL TRAVEL

Active
Limited partnershipfounded 2013active for 13 yearsKattendijkdok-Westkaai 12.001, 2000 Antwerpen, BelgiumKBO/BCE: BE 0525.695.953

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TL TRAVEL has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.2m and a net result of €11.7m. Equity has been growing by about 127% per year since 2021. Its solvency ranks better than 48% of 514 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 03-04-2013 Normal situation
Registered office
31 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Other amusement and recreation activities NACE 93299and 1 other
Establishment unit
2.219.517.574 2000 Antwerpen, since 30-03-2013
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • LIFE TREE CommVDirector · since 25-05-2021
  • VILDIS CommVDirector · since 25-05-2021
  • FVO MANAGEMENTManager · since 19-12-2024 · permanent representative Flip Van Oyen
  • REPNAManager · since 19-12-2024 · permanent representative Pieter Wagemans
  • WelsiesManager · since 19-12-2024 · permanent representative Bruno Vanwelsenaers
Auditor
Pwc Bedrijfsrevisoren

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€65.6m
▲ 11.2%
Profit
€11.7m
▲ 24.1%
Equity
€25.2m
▲ 87.2%
Total assets
€75.9m
▲ 307%
Filed on 28-07-2026, 3 days before the deadlineat the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: turnover €65.6m, total assets €75.9mLegal form: limited partnershipLiquidity: current ratio 1.50, cash €44.6mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of all companies
Financial strength · tick: 2024
Strong
Solvency 58-39
equity 33.2% of total assets
Liquidity 64+8
short-term debt 66.8% · cash 58.7%
Profitability 76-24
return on assets 15.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (8 companies, NACE 93, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025highest value 07-2025: < 0.1%▼ -0.3 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €2,400,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.5 (3.58 in 2024), below the usual 1.5. Short-term debt is 66.8% and cash 58.7% of total assets. 66.8% 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 (all companies). It does better than 48% of them on solvency, 88% on liquidity, 76% on profitability and 87% 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €65.6m, total assets €75.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Legal form: limited partnership
KBO
lowers risk · Liquidity: current ratio 1.50, cash €44.6m
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
3 days early
2024
42 days early
2023
2 days early
2022
on the day
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €13.5m to €25.2m ▲ 87.2% View
  • Positive: Higher net result than 95% of companies in sports and recreationsector median €11,659 · 513 companies €11.7m View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as TL TRAVEL: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €12m and €317m, founded between 1996 and 2018.

CompanyTotal assetsTurnover
TL TRAVEL Antwerpen€75.9m€65.6m
TL WINTER Antwerpen€30.5m€29.8m
S&R Kortrijk-Zwevegem Kortrijk€43.3m€8.2m
STUDIO 100 Schelle€317.1m€107.0m
BATTLEKART EUROPE Mouscron€11.7m€18.1m
S&R Brugge Brugge€21.5m-
EMMASO Mortsel€13.6m-
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Articles and registers

Key facts about TL TRAVEL

What is the company number of TL TRAVEL?
The company number of TL TRAVEL is 0525.695.953. The VAT number is the same number with BE in front: BE 0525.695.953.
Where is TL TRAVEL based?
The registered office is at Kattendijkdok-Westkaai 12.001, 2000 Antwerpen.Company details
What does TL TRAVEL do?
According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
What is the legal form of TL TRAVEL?
The legal form of TL TRAVEL is Limited partnership (CommV).
When was TL TRAVEL founded?
TL TRAVEL was founded on 03-04-2013.
Is TL TRAVEL still active?
Yes, TL TRAVEL is an active enterprise in the KBO register.
What is the turnover of TL TRAVEL?
The turnover of TL TRAVEL was €65.6m in financial year 2025, according to the filed annual accounts.Financials
Is TL TRAVEL profitable?
In financial year 2025, TL TRAVEL made a profit of €11.7m.
Where can I find the annual accounts of TL TRAVEL?
TL TRAVEL filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TL TRAVEL due?
TL TRAVEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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