TRAVELNOTE
ActiveTRAVELNOTE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280k and a net result of €28k. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 59% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-9
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 2.22 in 2024), and 31.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
68.3%
Return on assets
6.7%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
9 d early
2022
5 d early
2021
on the day
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€280k▲ 10.9%
2024 · €252k
2019: €39k
2020: €113k
2021: €136k
2022: €153k
2023: €230k
2024: €252k
2019 → 2025
Total assets
€409k▲ 0.9%
2024 · €405k
2019: €233k
2020: €295k
2021: €341k
2022: €375k
2023: €408k
2024: €405k
2019 → 2025
Net result
€28k▼ 5.2%
2024 · €29k
2019: €22k
2020: €74k
2021: €23k
2022: €23k
2023: €77k
2024: €29k
2019 → 2025
Working capital
€237k▲ 39.2%
2024 · €170k
2019: €-67k
2020: €-32k
2021: €-28k
2022: €5k
2023: €135k
2024: €170k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€153k▲ 13.1%€230k▲ 50.1%€252k▲ 9.5%€280k▲ 10.9%
Operating result€24k-€23k▼ 4.5%€79k▲ 247%€39k▼ 50.4%€40k▲ 3.0%
Net result€23k-€23k▲ 0.4%€77k▲ 233%€29k▼ 62.2%€28k▼ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€56k▼ 41.0%
Current assets
€353k▲ 13.9%
Equity and liabilities €409k
Equity
€280k▲ 10.9%
Debt
€130k▼ 15.5%
The debt ratio falls from 37.8% to 31.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€86k▼
2024 · €96k
Cash flow
€74k▼
2024 · €86k
Solvency
68.3%▲
2024 · 62.2%
Current ratio
3.05▲
2024 · 2.22
Quick ratio
3.05▲
2024 · 2.22
Debt / equity
0.46▼
2024 · 0.61
ROE
9.9%▼
2024 · 11.5%
ROA
6.7%▼
2024 · 7.2%
Interest coverage
121.87▼
2024 · 162.53
Debt
€130k▼
2024 · €153k
Debt ≤ 1 year
€116k▼
2024 · €139k
Debt > 1 year
€14k=
2024 · €14k
Income taxes
€12k▲
2024 · €10k
Staff costs
€335k▲
2024 · €308k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€405k€409k▲
Fixed assets21/28€96k€56k▼
Intangible fixed assets21€66k€32k▼
Tangible fixed assets22/27€24k€19k▼
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€18k€12k▼
Financial fixed assets28€5k€5k=
Current assets29/58€310k€353k▲
Amounts receivable within one year40/41€161k€277k▲
Trade receivables40€160k€265k▲
Other amounts receivable41€1k€12k▲
Cash at bank and in hand54/58€144k€68k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€405k€409k▲
Equity10/15€252k€280k▲
Contributions10/11€425k€425k=
Capital10€425k€425k=
Issued capital100€425k€425k=
Profit (loss) carried forward14€-173k€-145k▲
Amounts payable17/49€153k€130k▼
Amounts payable after more than one year17€14k€14k=
Financial debts170/4€14k€14k=
Amounts payable within one year42/48€139k€116k▼
Trade debts44€51k€48k▼
Suppliers440/4€51k€48k▼
Taxes, remuneration and social security45€74k€68k▼
Taxes450/3€40k€33k▼
Remuneration and social security454/9€34k€35k▲
Other amounts payable47/48€15k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€308k€335k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€46k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€3k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€407k€430k▲
Operating profit (loss)9901€39k€40k▲
Financial income75/76B€573€106▼
Recurring financial income75€573€106▼
Financial charges65/66B€590€709▲
Recurring financial charges65€590€709▲
Profit (loss) for the period before taxes9903€39k€40k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€29k€28k▼
Profit (loss) for the period to be appropriated9905€29k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-166k€-145k▲
Profit (loss) brought forward from the previous period14P€-195k€-173k▲
Profit to be distributed694/7€7k€0▼
Employees696€7k€0▼
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €77k ▲233%
Operating result €79k, net result €77k, both a record.
30-06
Financial
Equity above €200kEq €230k ▲50.1%
5 profitable years in a row build equity to €230k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €153k ▲13.1%
4 profitable years in a row build equity to €153k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €113k ▲189%
2 profitable years in a row build equity to €113k.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Kortrijk · 2 establishment units since 2009
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.
Evolis(Kor) 1008500 KortrijkGround area
5,606 m²
Building footprint
346 m²
Volume, LiDAR
1,620 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Munkendoornstraat(Kor) 12, 8500 Kortrijk
since 20092.178.701.360
Evolis(Kor) 100, 8500 Kortrijk
since 20122.210.916.842
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0722/00Z000 | Flanders | 5,453 m² | 1 · 346 m² | 8.0 m · 2 fl. |
| 34353B0377/00L000 | Flanders | 152 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 14,960 EUR awarded · 10,640 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,608 EUR | 1,108 EUR |
| 2024 | 2 | 4,180 EUR | 4,180 EUR |
| 2023 | 2 | 2,941 EUR | 3,121 EUR |
| 2022 | 2 | 2,231 EUR | 2,231 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-05-2009
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.