Travel Vision
ActiveSummary
Travel Vision has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424k and a net result of €56k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+43
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.85 against 3.72 in 2024; short-term debt: 24.1% and cash: 88% of total assets), and 24.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 79
Relative position
BE, all sectors
reference
Sector 79
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
75.9%
Return on assets
10%
Age of the figures
9 mo
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
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
48 d early
2023
29 d late
2022
28 d late
2021
26 d late
2020
1 d early
2019
100 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€424k▲ 15.1%
2024 · €369k
2018: €117k
2019: €142k
2020: €141k
2021: €251k
2022: €369k
2023: €419k
2024: €369k
2018 → 2025
Total assets
€559k▲ 15.1%
2024 · €486k
2018: €350k
2019: €370k
2020: €394k
2021: €477k
2022: €529k
2023: €533k
2024: €486k
2018 → 2025
Net result
€56k▲ 59,958%
2024 · €93
2018: €30k
2019: €25k
2020: €-509
2021: €110k
2022: €68k
2023: €49k
2024: €93
2018 → 2025
Working capital
€384k▲ 20.3%
2024 · €320k
2018: €105k
2019: €88k
2020: €85k
2021: €192k
2022: €312k
2023: €359k
2024: €320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€369k▲ 47.0%€419k▲ 13.4%€369k▼ 11.9%€424k▲ 15.1%
Operating result€125k-€109k▼ 13.0%€80k▼ 26.9%€3k▼ 96.1%€90k▲ 2,785%
Net result€110k-€68k▼ 37.9%€49k▼ 27.3%€93▼ 99.8%€56k▲ 59,958%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,785% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559k
Fixed assets
€40k ▼ 18.7%
Current assets
€519k ▲ 18.8%
Equity and liabilities €559k
Equity
€424k ▲ 15.1%
Debt
€135k ▲ 14.9%
Debt's share of the balance-sheet total stays at 24.1%.
Key figures and ratios
EBITDA
€100k▲
2024 · €14k
Cash flow
€66k▲
2024 · €11k
Current ratio
3.85▲
2024 · 3.72
Debt to equity
0.32▼
2024 · 0.32
ROE
13.1%▲
2024 · 0.0%
ROA
10.0%▲
2024 · 0.0%
Interest coverage
64.78▲
2024 · -13.29
Debt ≤ 1 year
€135k▲
2024 · €117k
Income taxes
€33k▲
2024 · €4k
Staff costs
€48k▲
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€486k€559k▲
Fixed assets21/28€49k€40k▼
Tangible fixed assets22/27€18k€9k▼
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€16k€7k▼
Financial fixed assets28€31k€31k=
Current assets29/58€437k€519k▲
Amounts receivable within one year40/41€42k€23k▼
Trade receivables40€22k€7k▼
Other amounts receivable41€19k€16k▼
Cash at bank and in hand54/58€390k€492k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€486k€559k▲
Equity10/15€369k€424k▲
Contributions10/11€50k€50k=
Reserves13€319k€374k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€319k€374k▲
Amounts payable17/49€117k€135k▲
Amounts payable within one year42/48€117k€135k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€86k€53k▼
Suppliers440/4€86k€53k▼
Advances received on contracts in progress46-€26k
Taxes, remuneration and social security45€10k€43k▲
Taxes450/3€4k€37k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€22k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€46k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€64k€155k▲
Operating profit (loss)9901€3k€90k▲
Financial income75/76B€96€4▼
Recurring financial income75€96€4▼
Financial charges65/66B€-1k€2k▲
Recurring financial charges65€-1k€2k▲
Profit (loss) for the period before taxes9903€4k€89k▲
Income taxes67/77€4k€33k▲
Profit (loss) for the period9904€93€56k▲
Profit (loss) for the period to be appropriated9905€93€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93€56k▲
Transfer to equity691/2€93€56k▲
To other reserves6921€93€56k▲
Social balance
Average headcount (FTE)90870.60.6=
The notes to these accounts (16 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Back to profitnet €110k
Net result €110k after one loss-making year.
31-12
Financial
Equity above €200kEq €251k ▲77.4%
Equity rises from €141k to €251k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-509 ▼102%
Net result drops to €-509, the lowest in the series; recovery starts the following year.
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 100 days late
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
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.
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, Herenthout · 1 establishment unit since 2014
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.
Jodenstraat 122270 HerenthoutGround area
1,550 m²
Building footprint
391 m²
Volume, LiDAR
2,167 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAVEL TIP
since 20142.235.324.418
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13012E0350/00E000 | Flanders | 832 m² | 1 · 151 m² | 7.8 m · 2 fl. |
| 13012E0351/00B000 | Flanders | 718 m² | 1 · 240 m² | 10.6 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 22,875 EUR awarded · 22,875 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 750 EUR | 750 EUR |
| 2022 | 1 | 22,125 EUR | 22,125 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
OUTBOUND
BE 0453.895.068
Asse · Eq €421k
FLY AWAY REIZEN
BE 0441.716.224
Halle · Eq €419k
KATI TRAVEL
BE 0455.812.106
Oostende · Eq €430k
Reizen De Craemer
BE 0461.964.874
Tielt · Eq €431k
ACTIVE GOLFTRAVEL
BE 0471.548.276
Genappe · Eq €417k
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 677 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2014
Fiscal year end31-12
Trade name NL
Travel Tip
Activities, NACEBEL 2025
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.