TRAVEE
ActiveSummary
TRAVEE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.64M and a net result of €169k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 5.26 in 2024; short-term debt: 7.8% and cash: 5.3% of total assets), and 23.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
76.2%
Return on assets
7.9%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
9 d early
2023
30 d early
2022
28 d early
2021
27 d early
2020
29 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€169k▲ 33.0%
2024 · €127k
2018: €56klowest in 8 years
2019: €76k▲ +34.5% vs 2018
2020: €64k▼ -15.6% vs 2019
2021: €138k▲ +117% vs 2020
2022: €101k▼ -26.8% vs 2021
2023: €90k▼ -10.9% vs 2022
2024: €127k▲ +41.1% vs 2023
2025: €169k▲ +33.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€202k▼ 20.2%
2024 · €253k
2018: €-253klowest in 8 years
2019: €-232k▲ +8.2% vs 2018
2020: €-38k▲ +83.5% vs 2019
2021: €153k▲ +501% vs 2020
2022: €216k▲ +41.0% vs 2021
2023: €197k▼ -8.7% vs 2022
2024: €253k▲ +28.0% vs 2023highest in 8 years
2025: €202k▼ -20.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.29M-€1.39M▲ 7.9%€1.48M▲ 6.5%€1.61M▲ 8.6%€1.64M▲ 2.0%
2021: €1.29Mlowest in 5 years
2022: €1.39M▲ +7.9% vs 2021
2023: €1.48M▲ +6.5% vs 2022
2024: €1.61M▲ +8.6% vs 2023
2025: €1.64M▲ +2.0% vs 2024highest in 5 years
Operating result€45k-€40k▼ 10.2%€71k▲ 76.1%€108k▲ 52.3%€60k▼ 45.0%
2021: €45k
2022: €40k▼ -10.2% vs 2021lowest in 5 years
2023: €71k▲ +76.1% vs 2022
2024: €108k▲ +52.3% vs 2023highest in 5 years
2025: €60k▼ -45.0% vs 2024
Net result€138k-€101k▼ 26.8%€90k▼ 10.9%€127k▲ 41.1%€169k▲ 33.0%
2021: €138k
2022: €101k▼ -26.8% vs 2021
2023: €90k▼ -10.9% vs 2022lowest in 5 years
2024: €127k▲ +41.1% vs 2023
2025: €169k▲ +33.0% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€1.78M ▼ 0.4%
Current assets
€369k ▲ 18.3%
Equity and liabilities €2.15M
Equity
€1.64M ▲ 2.0%
Debt
€512k ▲ 3.4%
Debt's share of the balance-sheet total rises from 23.6% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80k▼
2024 · €127k
Cash flow
€190k▲
2024 · €146k
Current ratio
2.20▼
2024 · 5.26
Debt to equity
0.31▲
2024 · 0.31
ROE
10.3%▲
2024 · 7.9%
ROA
7.9%▲
2024 · 6.1%
Interest coverage
62.97▲
2024 · 8.86
Debt ≤ 1 year
€168k▲
2024 · €59k
Debt > 1 year
€344k▼
2024 · €427k
Income taxes
€28k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €18k | €17k | €19k | €21k | ▲ 7.3% |
| Other operating charges640/8 | €3k | €3k | €3k | €3k | €3k | ▲ 3.1% |
| Gross operating margin9900 | €62k | €61k | €91k | €131k | €83k | ▼ 36.1% |
| Operating profit (loss)9901 | €45k | €40k | €71k | €108k | €60k | ▼ 45.0% |
| Financial income75/76B | €118k | €75k | €59k | €58k | €139k | ▲ 142% |
| Recurring financial income75 | €118k | €75k | €59k | €58k | €139k | ▲ 142% |
| Financial charges65/66B | €6k | €4k | €17k | €14k | €1k | ▼ 91.2% |
| Recurring financial charges65 | €6k | €4k | €17k | €14k | €1k | ▼ 91.2% |
| Profit (loss) for the period before taxes9903 | €156k | €112k | €113k | €151k | €198k | ▲ 30.4% |
| Income taxes67/77 | €18k | €11k | €23k | €24k | €28k | ▲ 16.9% |
| Profit (loss) for the period9904 | €138k | €101k | €90k | €127k | €169k | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €138k | €101k | €90k | €127k | €169k | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.03M | €2.08M | €2.07M | €2.10M | €2.15M | ▲ 2.4% |
| Fixed assets21/28 | €1.80M | €1.80M | €1.80M | €1.79M | €1.78M | ▼ 0.4% |
| Tangible fixed assets22/27 | €189k | €189k | €187k | €174k | €167k | ▼ 4.4% |
| Land and buildings22 | €170k | €173k | €159k | €145k | €132k | ▼ 9.3% |
| Plant, machinery and equipment23 | €7k | €6k | €20k | €17k | €27k | ▲ 53.4% |
| Furniture and vehicles24 | €13k | €10k | €8k | €11k | €8k | ▼ 30.7% |
| Financial fixed assets28 | €1.61M | €1.61M | €1.61M | €1.61M | €1.61M | = |
| Current assets29/58 | €224k | €272k | €269k | €312k | €369k | ▲ 18.3% |
| Amounts receivable after more than one year29 | €200k | €250k | €250k | €250k | €250k | = |
| Other amounts receivable291 | €200k | €250k | €250k | €250k | €250k | = |
| Amounts receivable within one year40/41 | €4k | €3k | €908 | - | €3k | - |
| Trade receivables40 | €4k | €3k | €908 | - | €3k | - |
| Other amounts receivable41 | - | - | - | - | €280 | - |
| Cash at bank and in hand54/58 | €19k | €13k | €18k | €61k | €114k | ▲ 86.3% |
| Deferred charges and accrued income490/1 | €730 | €6k | €474 | €657 | €2k | ▲ 181% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.03M | €2.08M | €2.07M | €2.10M | €2.15M | ▲ 2.4% |
| Equity10/15 | €1.29M | €1.39M | €1.48M | €1.61M | €1.64M | ▲ 2.0% |
| Contributions10/11 | €496k | €496k | €496k | €496k | €496k | = |
| Outside capital11 | €496k | €496k | €496k | €496k | €496k | = |
| Other1109/19 | €496k | €496k | €496k | €496k | €496k | = |
| Reserves13 | €409k | €409k | €499k | €499k | €499k | = |
| Non-distributable reserves130/1 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves not available under the articles1311 | €50k | €50k | €50k | €50k | €50k | = |
| Distributable reserves133 | €360k | €360k | €450k | €450k | €450k | = |
| Profit (loss) carried forward14 | €382k | €483k | €483k | €610k | €643k | ▲ 5.4% |
| Amounts payable17/49 | €741k | €687k | €593k | €495k | €512k | ▲ 3.4% |
| Amounts payable after more than one year17 | €670k | €632k | €511k | €427k | €344k | ▼ 19.5% |
| Financial debts170/4 | €670k | €632k | €511k | €427k | €344k | ▼ 19.5% |
| Amounts payable within one year42/48 | €71k | €55k | €72k | €59k | €168k | ▲ 183% |
| Current portion of amounts payable after more than one year42 | €37k | €37k | €37k | €28k | - | - |
| Trade debts44 | €9k | €8k | €8k | €16k | €11k | ▼ 34.8% |
| Suppliers440/4 | €9k | €8k | €8k | €16k | €11k | ▼ 34.8% |
| Taxes, remuneration and social security45 | €8k | €7k | €23k | €14k | €22k | ▲ 60.2% |
| Taxes450/3 | €8k | €7k | €23k | €14k | €22k | ▲ 60.2% |
| Other amounts payable47/48 | €17k | €4k | €4k | €2k | €135k | ▲ 8,740% |
| Accrued charges and deferred income492/3 | €56 | €62 | €9k | €8k | €20 | ▼ 99.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €138k | €101k | €90k | €127k | €169k | ▲ 33.0% |
| + Depreciation and write-downs630 | €14k | €18k | €17k | €19k | €21k | ▲ 7.3% |
| Operating cash flow (approximation) | €152k | €119k | €107k | €146k | €190k | ▲ 29.6% |
| Investment in fixed assets (approximation) | - | €-18k | €-15k | €-6k | €-13k | ▼ 104% |
| Change in cash | - | €-6k | €5k | €43k | €53k | ▲ 22.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €169k ▲33%
Net result €169k, the highest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 3.16
Current ratio from 0.87 to 3.16; short-term debt falls from €289k to €71k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Brugge · 1 establishment unit since 1993
Ground area
3,264 m²
Building footprint
220 m²
Volume, LiDAR
1,091 m³
Parcel 31030A0651/00C002, Flanders · tallest building 13.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAVEE
since 19932.062.199.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0651/00C002 | Flanders | 3,264 m² | 1 · 220 m² | 13.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 22,433 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.