TRAVEL PRODUCTIONS
InactiveTRAVEL PRODUCTIONS was declared bankrupt on 20-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 25-11-2024, published in the Belgian State Gazette on 29-11-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 11-01-2022, 164 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
164 d late
2019
242 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€-247k▼ 216%
2019 · €-78k
2018: €12k
2019: €-78k
2018 → 2020
Total assets
€270k▼ 24.4%
2019 · €357k
2018: €493k
2019: €357k
2018 → 2020
Net result
€-169k▲ 35.8%
2019 · €-263k
2018: €-111k
2019: €-263k
2018 → 2020
Working capital
€-219k▼ 136%
2019 · €-93k
2018: €71k
2019: €-93k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€12k-€-78k€-247k▼ 216%
Operating result€-110k-€-221k▼ 100%€-153k▲ 31.0%
Net result€-111k-€-263k▼ 137%€-169k▲ 35.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €153k in 2020 against €221k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €270k
Fixed assets
€26k▼ 23.7%
Current assets
€244k▼ 24.5%
Key figures and ratios
EBITDA
€-144k▲
2019 · €-213k
Cash flow
€-161k▲
2019 · €-254k
Solvency
-91.5%▼
2019 · -21.9%
Current ratio
0.53▼
2019 · 0.78
Quick ratio
0.53▼
2019 · 0.78
Debt / equity
-0.22▲
2019 · -0.26
ROA
-62.6%▲
2019 · -73.6%
Debt
€517k▲
2019 · €436k
Debt ≤ 1 year
€462k▲
2019 · €415k
Debt > 1 year
€55k▲
2019 · €20k
Income taxes
€0▼
2019 · €39k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€357k€270k▼
Fixed assets21/28€35k€26k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€18k€12k▼
Financial fixed assets28€13k€13k=
Current assets29/58€323k€244k▼
Stocks and contracts in progress3€120€120=
Amounts receivable within one year40/41€304k€224k▼
Current investments50/53€5k€5k▼
Cash at bank and in hand54/58€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€357k€270k▼
Equity10/15€-78k€-247k▼
Contributions10/11€80k€80k=
Reserves13€22k€22k=
Profit (loss) carried forward14€-180k€-349k▼
Amounts payable17/49€436k€517k▲
Amounts payable after more than one year17€20k€55k▲
Amounts payable within one year42/48€415k€462k▲
Trade debts44€219k€278k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Gross operating margin9900€186k€-11k▼
Operating profit (loss)9901€-221k€-153k▲
Recurring financial income75€4k€41▼
Recurring financial charges65€7k€16k▲
Profit (loss) for the period before taxes9903€-224k€-169k▲
Income taxes67/77€39k€0▼
Profit (loss) for the period9904€-263k€-169k▲
Profit (loss) for the period to be appropriated9905€-263k€-169k▲
Timeline · acts, filings and financial milestones
2024
29-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TRAVEL PRODUC- TIONS NV HANSWIJKSTRAAT 23, 2800 MECHELEN · event 25-11-2024
2022
28-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TRAVEL PRODUCTIONS NV HANSWIJKSTRAAT 23, 2800 MECHELEN · event 20-06-2022
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 164 days late
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 242 days late
2019
31-12
Financial
Weakest financial yearnet €-263k
Net result drops to €-263k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
18-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
12-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERRY VERSCHUREN BLEEKSTRAAT 11,
2800 MECHELEN |
20-06-2022 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 47,716 EUR awarded · 47,716 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 47,716 EUR | 47,716 EUR |
Schemes
Globalisatiemechanisme (stopgezet)