TRAVACOL
ActiveTRAVACOL has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293k and a net result of €21k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+11
Solvency100▲+16
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.28 in 2024), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
87.9%
Return on assets
6.3%
Age of the figures
15 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €293k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
2 d early
2023
47 d early
2022
26 d early
2021
3 d early
2020
5 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€293k▲ 7.7%
2024 · €272k
2019: €349k
2020: €335k
2021: €280k
2022: €272k
2023: €258k
2024: €272k
2019 → 2025
Total assets
€333k▲ 4.7%
2024 · €318k
2019: €453k
2020: €433k
2021: €307k
2022: €316k
2023: €267k
2024: €318k
2019 → 2025
Net result
€21k▲ 56.0%
2024 · €13k
2019: €-98k
2020: €-14k
2021: €-55k
2022: €-8k
2023: €-14k
2024: €13k
2019 → 2025
Working capital
€44k▲ 245%
2024 · €13k
2019: €168k
2020: €123k
2021: €45k
2022: €23k
2023: €19k
2024: €13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€280k-€272k▼ 2.7%€258k▼ 5.1%€272k▲ 5.2%€293k▲ 7.7%
Operating result€-51k-€-5k▲ 90.9%€-11k▼ 144%€17k€27k▲ 54.3%
Net result€-55k-€-8k▲ 86.4%€-14k▼ 84.3%€13k€21k▲ 56.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 54% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €333k
Fixed assets
€250k▼ 3.8%
Current assets
€83k▲ 42.5%
Equity and liabilities €333k
Equity
€293k▲ 7.7%
Debt
€40k▼ 13.2%
The debt ratio falls from 14.6% to 12.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€50k▲
2024 · €43k
Cash flow
€44k▲
2024 · €39k
Solvency
87.9%▲
2024 · 85.4%
Current ratio
2.10▲
2024 · 1.28
Quick ratio
2.10▲
2024 · 1.28
Debt / equity
0.14▼
2024 · 0.17
ROE
7.2%▲
2024 · 4.9%
ROA
6.3%▲
2024 · 4.2%
Interest coverage
13.98▼
2024 · 20.89
Debt
€40k▼
2024 · €47k
Debt ≤ 1 year
€39k▼
2024 · €46k
Income taxes
€2k▲
2024 · €2k
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
Assets
Total assets20/58€318k€333k▲
Fixed assets21/28€260k€250k▼
Tangible fixed assets22/27€260k€250k▼
Land and buildings22€242k€235k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€14k€12k▼
Current assets29/58€58k€83k▲
Amounts receivable within one year40/41€17k€53k▲
Trade receivables40€17k€52k▲
Other amounts receivable41€435€1k▲
Cash at bank and in hand54/58€41k€30k▼
Deferred charges and accrued income490/1€192€96▼
Equity and liabilities
Total equity and liabilities10/49€318k€333k▲
Equity10/15€272k€293k▲
Contributions10/11€20k€20k=
Reserves13€252k€273k▲
Distributable reserves133€252k€273k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€47k€40k▼
Amounts payable within one year42/48€46k€39k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Other loans439€0-
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€30k€32k▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€23k▼
Other operating charges640/8€4k€11k▲
Gross operating margin9900€48k€61k▲
Operating profit (loss)9901€17k€27k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€15k€23k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€13k€21k▲
Profit (loss) for the period to be appropriated9905€13k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-196k€21k▲
Profit (loss) brought forward from the previous period14P€-210k€0▲
Transfer from equity791/2€210k€0▼
Transfer to equity691/2€13k€21k▲
To other reserves6921€13k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €21k ▲56%
Operating result €27k, net result €21k, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €13k
Net result €13k after 5 loss-making years.
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 3.49
Current ratio from 1.53 to 3.49; short-term debt falls from €44k to €8k.
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Merelbeke-Melle · 1 establishment unit since 1968
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tulpenhof 19090 Merelbeke-MelleGround area
3,147 m²
Building footprint
253 m²
Volume, LiDAR
1,589 m³
Parcel 44402A0410/00Y000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tulpenhof 1, 9090 Merelbeke-Melle
since 19682.038.730.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0410/00Y000 | Flanders | 3,147 m² | 1 · 253 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,407 companies in sector 46180 we hold annual accounts for 1,875. 1,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1968
Fiscal year end30-06
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.