Financials
- Fiscal year
- 2025
- Total assets
- €458,033
- Profit
- €30,627
- Solvency
- -38.9%
Turnover▲ 4.5%
Net result
20182019
TRAVADRI
ActiveSummary
The computed 12-month bankruptcy probability of TRAVADRI is 1.7% (moderate). The 2025 annual accounts show negative equity (-€178,209) and a net result of €30,627. Equity is shrinking by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 1000 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410NACE 60242
#8 oldest company in Merelbeke-Melle, Transport and storage sector1 site
Size
€458,033total assets 2025
- Staff
- 14.3 FTE
- Equity
- -€178,209
- Profit
- €30,627
Structure
- Parent
- JOVADRI · 100%
Accounts filed 28 d late0 of 9 deeds read
Why 53- Negative equity -€178,209- Sector Land transport and transport via pipelines (NACE 49)- Latest accounts 28 days late; 1 of the last 3 late+ Founded in 1995Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 49, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
0-1
equity -38.9% of total assets
Liquidity
27+22
short-term debt 135.3% · cash 21.9%
Profitability
48+48
return on assets 6.7%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.8%
12-2024: 3.8%● 0.0% vs 11-2024
01-2025: 3.8%▼ -0.5% vs 12-2024
02-2025: 3.8%● 0.0% vs 01-2025
03-2025: 3.8%▼ -1.8% vs 02-2025
04-2025: 3.7%▼ -0.6% vs 03-2025
05-2025: 3.8%▲ +0.9% vs 04-2025
06-2025: 3.7%▼ -3.0% vs 05-2025
07-2025: 3.9%▲ +6.0% vs 06-2025
08-2025: 4.2%▲ +8.8% vs 07-2025
09-2025: 4.4%▲ +3.6% vs 08-2025
10-2025: 8.3%▲ +89.3% vs 09-2025highest value
11-2025: 8.3%● 0.0% vs 10-2025highest value
12-2025: 8.3%● 0.0% vs 11-2025highest value
01-2026: 8.3%● 0.0% vs 12-2025highest value
02-2026: 8.3%● 0.0% vs 01-2026highest value
03-2026: 8.0%▼ -3.1% vs 02-2026
04-2026: 8.0%● 0.0% vs 03-2026
05-2026: 7.8%▼ -3.2% vs 04-2026
06-2026: 7.6%▼ -2.4% vs 05-2026
07-2026: 7.7%▲ +1.3% vs 06-2026
08-2026: 7.3%▼ -4.4% vs 07-2026
09-2026: 1.7%▼ -76.2% vs 08-2026lowest value
10-2026: 1.7%● 0.0% vs 09-2026lowest value
- Negative equity -€178,209 raises the probability
- Sector Land transport and transport via pipelines (NACE 49) raises the probability
- Founded in 1995 lowers the probability for this profile
- Latest accounts 28 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.66 against 0.75 in 2024; short-term debt: 135.3% and cash: 21.9% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, small). Better than this share of them on solvency 1%, liquidity 19%, profitability 15%, growth against the median 69%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1000 sector peers (2025).
NBB · sector comparisonPosition among 1000 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
40 d late
2023
47 d early
2022
32 d late
2021
16 d early
2020
27 d late
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Back to profitnet €30,627
- Annual accounts filedfiscal year 2024 · abbreviated…
Key points
By topic
Board & ownership
- Parent
- JOVADRI · 100%
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 28-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 09-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 28-06-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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