TRAVANDE
ActiveTRAVANDE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €43k. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+4
Solvency65▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.42 in 2024; short-term debt: 25.4% and cash: 15.9% of total assets), but 60.4% 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 risk○neutral
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
39.6%
Return on assets
8.9%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
5 d early
2022
25 d late
2021
2 d early
2020
1 d early
2019
53 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€192k▲ 29.1%
2024 · €149k
2018: €21k
2019: €34k
2020: €48k
2021: €94k
2022: €99k
2023: €120k
2024: €149k
2018 → 2025
Total assets
€486k▲ 3.3%
2024 · €470k
2018: €372k
2019: €424k
2020: €377k
2021: €433k
2022: €452k
2023: €450k
2024: €470k
2018 → 2025
Net result
€43k▲ 49.9%
2024 · €29k
2018: €535
2019: €12k
2020: €14k
2021: €46k
2022: €4k
2023: €21k
2024: €29k
2018 → 2025
Working capital
€143k▲ 99.3%
2024 · €72k
2018: €3k
2019: €18k
2020: €-50k
2021: €-60k
2022: €-71k
2023: €21k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€99k▲ 4.8%€120k▲ 21.7%€149k▲ 24.0%€192k▲ 29.1%
Operating result€49k-€9k▼ 82.6%€33k▲ 290%€46k▲ 36.3%€68k▲ 48.8%
Net result€46k-€4k▼ 90.4%€21k▲ 379%€29k▲ 34.7%€43k▲ 49.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €486k
Fixed assets
€220k▼ 3.0%
Current assets
€266k▲ 9.1%
Equity and liabilities €486k
Equity
€192k▲ 29.1%
Debt
€293k▼ 8.7%
The debt ratio falls from 68.3% to 60.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€126k▲
2024 · €97k
Cash flow
€102k▲
2024 · €80k
Solvency
39.6%▲
2024 · 31.7%
Current ratio
2.16▲
2024 · 1.42
Quick ratio
1.65▲
2024 · 1.13
Debt / equity
1.52▼
2024 · 2.16
ROE
22.5%▲
2024 · 19.4%
ROA
8.9%▲
2024 · 6.1%
Interest coverage
11.74▲
2024 · 9.27
Debt
€293k▼
2024 · €321k
Debt ≤ 1 year
€123k▼
2024 · €172k
Debt > 1 year
€170k▲
2024 · €149k
Income taxes
€14k▲
2024 · €6k
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€470k€486k▲
Fixed assets21/28€226k€220k▼
Intangible fixed assets21€45k€25k▼
Tangible fixed assets22/27€181k€194k▲
Plant, machinery and equipment23€59k€50k▼
Furniture and vehicles24€92k€117k▲
Other tangible fixed assets26€30k€27k▼
Financial fixed assets28€270€270=
Current assets29/58€244k€266k▲
Stocks and contracts in progress3€50k€63k▲
Stocks30/36€50k€63k▲
Amounts receivable within one year40/41€127k€112k▼
Trade receivables40€93k€82k▼
Other amounts receivable41€34k€30k▼
Cash at bank and in hand54/58€57k€77k▲
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€470k€486k▲
Equity10/15€149k€192k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€127k€170k▲
Amounts payable17/49€321k€293k▼
Amounts payable after more than one year17€149k€170k▲
Financial debts170/4€149k€170k▲
Amounts payable within one year42/48€172k€123k▼
Current portion of amounts payable after more than one year42€13k€0▼
Trade debts44€18k€86k▲
Suppliers440/4€18k€86k▲
Taxes, remuneration and social security45€0€34k▲
Taxes450/3€0€291▲
Remuneration and social security454/9-€34k
Other amounts payable47/48€142k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€58k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€101k€130k▲
Operating profit (loss)9901€46k€68k▲
Financial income75/76B€190€577▲
Recurring financial income75€190€577▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€35k€58k▲
Income taxes67/77€6k€14k▲
Profit (loss) for the period9904€29k€43k▲
Profit (loss) for the period to be appropriated9905€29k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€170k▲
Profit (loss) brought forward from the previous period14P€98k€127k▲
The notes to these accounts (15 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
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €192k ▲29.1%
8 profitable years in a row build equity to €192k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €120k ▲21.7%
6 profitable years in a row build equity to €120k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €46k ▲236%
Net result €46k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zedelgem · 1 establishment unit since 2015
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.
Torhoutsesteenweg 4288210 ZedelgemGround area
5,870 m²
Building footprint
184 m²
Volume, LiDAR
482 m³
Parcel 31036E0712/00D000, Flanders · tallest building 3.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Drankenhandel Ivan Snaet
since 20152.241.305.160
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036E0712/00D000 | Flanders | 5,870 m² | 1 · 184 m² | 3.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 6,179 EUR awarded · 6,179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 236 EUR | 236 EUR |
| 2022 | 1 | 5,943 EUR | 5,943 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZedelgem2.241.305.160
Similar companies · same sector, comparable size
BC & L
BE 0870.061.294
Peer · Eq €192k
LE CLOS DU CULOT
BE 0433.697.688
Wavre · Eq €192k
DRANKEN DE KEERSMAEKER
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Thomas Invest
BE 0806.896.478
Sint-Truiden · Eq €191k
Dranken David
BE 0759.936.107
Heuvelland · Eq €190k
Of 1,582 companies in sector 46349 we hold annual accounts for 987. 713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2015
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.
Contact details
2 entriesE-mail:lutgardvdk@hotmail.com
Phone:0485/735632