TRAVECO
ActiveThe computed 12-month bankruptcy probability of TRAVECO is 1.8% (moderate). The 2024 annual accounts show negative equity (€-8k) and a net result of €-2k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 9981 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-25
Solvency10▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.79 in 2023; short-term debt: 114.8% and cash: 2.2% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-14.8%
Return on assets
-3.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
not confirmed
2024
30 d late
2023
395 d late
2022
99 d late
2021
464 d late
2020
829 d late
2019
334 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €2k
2018: €-21k
2019: €9k
2020: €597
2021: €2k
2022: €44
2023: €2k
2018 → 2024
Working capital
€-25k▼ 298%
2023 · €-6k
2018: €-20k
2019: €-12k
2020: €-15k
2021: €-11k
2022: €-9k
2023: €-6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-10k-€-8k▲ 22.6%€-8k▲ 0.5%€-6k▲ 20.7%€-8k▼ 29.8%
Operating result€647-€2k▲ 264%€4k▲ 68.4%€4k▼ 0.1%€-2k
Net result€597-€2k▲ 293%€44▼ 98.1%€2k▲ 3,655%€-2k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
Assets €55k
Fixed assets
€17k
Current assets
€38k
Key figures and ratios
Solvency
-14.8%▲
2023 · -25.9%
Current ratio
0.60▼
2023 · 0.79
Quick ratio
0.60▼
2023 · 0.79
Debt / equity
-7.74▼
2023 · -4.86
ROA
-3.4%▼
2023 · 6.8%
Debt
€63k▲
2023 · €31k
Debt ≤ 1 year
€63k▲
2023 · €31k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€55k▲
Fixed assets21/28-€17k
Tangible fixed assets22/27-€17k
Furniture and vehicles24-€17k
Current assets29/58€24k€38k▲
Amounts receivable within one year40/41€22k€37k▲
Trade receivables40€19k€35k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€24k€55k▲
Equity10/15€-6k€-8k▼
Contributions10/11€6k€6k=
Reserves13€620€620=
Distributable reserves133€620€620=
Profit (loss) carried forward14€-13k€-15k▼
Amounts payable17/49€31k€63k▲
Amounts payable within one year42/48€31k€63k▲
Trade debts44€12k-
Suppliers440/4€12k-
Taxes, remuneration and social security45€485€627▲
Taxes450/3€485€627▲
Other amounts payable47/48€18k€63k▲
Income statement
Code20232024
Other operating charges640/8€89€21k▲
Gross operating margin9900€4k€19k▲
Operating profit (loss)9901€4k€-2k▼
Financial charges65/66B€2k€43▼
Recurring financial charges65€98€43▼
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€2k€-2k▼
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-15k▼
Profit (loss) brought forward from the previous period14P€-15k€-13k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 395 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 99 days late
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 464 days late
07-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 829 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 334 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 112 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 143 days late
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 268 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Fosses-la-Ville · 1 establishment unit since 2013
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.
Rue Vivier,Sart-Eustache 205070 Fosses-la-VilleGround area
8,266 m²
Building footprint
341 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue Marius Meurée 9, 6001 Charleroi
since 20132.222.999.577
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92110B0213/00B000 | Wallonia | 7,889 m² | 1 · 184 m² | - |
| 52045A0382/00L000 | Wallonia | 377 m² | 1 · 156 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MENDOA
BE 0751.855.215
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Proper Group
BE 0805.913.513
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SRL Michael POIDLINS
BE 0773.825.220
Momignies · Eq €777
SCHMITZ CONCEPT
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Remicourt · Eq €777
Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 1,477 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.