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TRAVACO

Active
Private limited companyfounded 199234 yrs activeBilkenstraat 62, 8540 Deerlijk, BelgiumKBO/BCE: BE 0447.421.507

TRAVACO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €-6k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 46% of 4219 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
38 / 100
Weak▼ -56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-28
Solvency51▼-39
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity short (current ratio 0.8 against 1.7 in 2024), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
elevated failure risk from 2 to 8 years 34 years 0 40 y
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
12 d early
2023
9 d early
2022
24 d early
2021
23 d late
2020
3 d early
2019
7 d late
← before the deadline after the deadline →
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 months
Position in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€202k▼ 2.8%
2024 · €207k
2022: €190k 2023: €196k 2024: €207k
2022 → 2025
Total assets
€568k▲ 48.8%
2024 · €382k
2022: €267k 2023: €381k 2024: €382k
2022 → 2025
Net result
€-6k
2024 · €12k
2022: €10k 2023: €5k 2024: €12k
2022 → 2025
Working capital
€-68k
2024 · €113k
2022: €74k 2023: €96k 2024: €113k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€190k-€196k▲ 2.8%€207k▲ 5.9%€202k▼ 2.8%
Operating result€12k-€7k▼ 42.7%€14k▲ 97.1%€-4k
Net result€10k-€5k▼ 45.2%€12k▲ 119%€-6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10k€15kOperating result 2022: €12k€12kNet result 2022: €10k€10kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €14k€14kNet result 2024: €12k€12kOperating result 2025: €-4k€-4kNet result 2025: €-6k€-6k2022202320242025
The operating result turns negative in 2025: a loss of €4k after €14k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €568k
Fixed assets €291k▲ 172%
Current assets €277k▲ 0.9%
Equity and liabilities €568k
Equity €202k▼ 2.8%
Debt €366k▲ 110%
The debt ratio rises from 45.7% to 64.5%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42k
2024 · €56k
Cash flow
€40k
2024 · €54k
Solvency
35.5%
2024 · 54.3%
Current ratio
0.80
2024 · 1.70
Quick ratio
0.78
2024 · 1.64
Debt / equity
1.82
2024 · 0.84
ROE
-2.8%
2024 · 5.6%
ROA
-1.0%
2024 · 3.0%
Interest coverage
25.56
2024 · 42.97
Debt
€366k
2024 · €175k
Debt ≤ 1 year
€345k
2024 · €161k
Debt > 1 year
€21k
2024 · €13k
Income taxes
€0
2024 · €1k
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 · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€382k€568k
Fixed assets 21/28€107k€291k
Intangible fixed assets 21€0€0=
Tangible fixed assets 22/27€106k€289k
Financial fixed assets 28€1k€2k
Current assets 29/58€275k€277k
Stocks & contracts in progress 3€10k€9k
Amounts receivable within one year 40/41€174k€158k
Cash & bank 54/58€88k€106k
Total equity & liabilities 10/49€382k€568k
Equity 10/15€207k€202k
Contributions / capital 10/11€156k€156k=
Reserves 13€51k€48k
Accumulated profits (losses) 14-€-3k
Amounts payable 17/49€175k€366k
Amounts payable after one year 17€13k€21k
Amounts payable within one year 42/48€161k€345k
Trade debts payable within one year 44€12k€15k
Income statement Code20242025
Gross operating margin 9900€59k€44k
Operating result 9901€14k€-4k
Financial income 75€11€22
Financial charges 65€1k€2k
Result before taxes 9903€13k€-6k
Income taxes 67/77€1k€0
Net result for the period 9904€12k€-6k
Result to be appropriated 9905€12k€-6k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-6k ▼149%
Net result drops to €-6k, the lowest in the series.
19-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €12k ▲119%
Operating result €14k, net result €12k, both a record.
31-12
Financial Equity above €200kEq €207k ▲5.9%
3 profitable years in a row build equity to €207k.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
10-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 12,427 companies in sector 49410 we hold annual accounts for 7,851. 5,989 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-05-1992
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
46630Wholesale trade
47551Retail sale of household furniture
47591Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 01-08-2026. Scores and ratios are computed by Checked and are not a credit decision.