TRAVELDOCS
Open bankruptcyA bankruptcy procedure is open for TRAVELDOCS according to publications in the Belgian State Gazette; curator: WIM BOLLEN.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three 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 · 8 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
179 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-74k▼ 537%
2019 · €-12k
2018: €5k
2019: €-12k
2018 → 2020
Total assets
€30k▼ 68.5%
2019 · €96k
2018: €115k
2019: €96k
2018 → 2020
Net result
€-63k▼ 280%
2019 · €-16k
2018: €13k
2019: €-16k
2018 → 2020
Working capital
€-60k▼ 428%
2019 · €-11k
2018: €-818
2019: €-11k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€5k-€-12k€-74k▼ 537%
Operating result€21k-€-16k€-60k▼ 286%
Net result€13k-€-16k€-63k▼ 280%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €60k in 2020 against €16k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €30k
Fixed assets
€563 ▼ 96.6%
Current assets
€30k ▼ 62.6%
Key figures and ratios
EBITDA
€-48k▼
2019 · €4
Cash flow
€-51k▼
2019 · €-887
Solvency
-244.5%▼
2019 · -12.1%
Current ratio
0.33▼
2019 · 0.88
Debt to equity
-0.20▲
2019 · -1.46
ROA
-206.1%▼
2019 · -17.1%
Debt
€105k▼
2019 · €108k
Debt ≤ 1 year
€90k▼
2019 · €91k
Debt > 1 year
€15k▼
2019 · €17k
Income taxes
€320▲
2019 · €-389
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€96k€30k▼
Fixed assets21/28€17k€563▼
Intangible fixed assets21€12k€0▼
Tangible fixed assets22/27€5k€563▼
Current assets29/58€80k€30k▼
Amounts receivable within one year40/41€67k€19k▼
Cash at bank and in hand54/58€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€96k€30k▼
Equity10/15€-12k€-74k▼
Contributions10/11€19k-
Profit (loss) carried forward14€-30k€-93k▼
Amounts payable17/49€108k€105k▼
Amounts payable after more than one year17€17k€15k▼
Amounts payable within one year42/48€91k€90k▼
Trade debts44€12k€12k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€12k▼
Gross operating margin9900€12k€-43k▼
Operating profit (loss)9901€-16k€-60k▼
Recurring financial income75€3k€1k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-17k€-62k▼
Income taxes67/77€-389€320▲
Profit (loss) for the period9904€-16k€-63k▼
Profit (loss) for the period to be appropriated9905€-16k€-63k▼
Timeline · acts, filings and financial milestones
2022
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TRAVELDOCS BV DE KLEET- LAAN 4, 1831- MACHELEN · event 30-06-2022
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 179 days late
2020
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 78 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
29-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 29 days late
2014
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · 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 | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
30-06-2022 → present |