TRAVELWINKS
ActiveThe computed 12-month bankruptcy probability of TRAVELWINKS is 2.3% (moderate). The 2025 annual accounts show equity of €117k and a net result of €43k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 445 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+23
Solvency52▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 7.91 in 2024; short-term debt: 18.1% and cash: 41.4% of total assets), but 72.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
27.4%
Return on assets
10%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
on the day
2023
29 d late
2022
31 d late
2021
24 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▲ 17.7%
2024 · €99k
2021: €71k
2022: €95k
2023: €95k
2024: €99k
2021 → 2025
Total assets
€427k▼ 21.2%
2024 · €542k
2021: €212k
2022: €502k
2023: €525k
2024: €542k
2021 → 2025
Net result
€43k▲ 951%
2024 · €4k
2021: €46k
2022: €24k
2023: €135
2024: €4k
2021 → 2025
Working capital
€349k▼ 26.2%
2024 · €473k
2021: €184k
2022: €379k
2023: €431k
2024: €473k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€95k▲ 33.4%€95k▲ 0.1%€99k▲ 4.3%€117k▲ 17.7%
Operating result€48k-€27k▼ 44.6%€1k▼ 95.4%€5k▲ 322%€65k▲ 1,155%
Net result€46k-€24k▼ 48.6%€135▼ 99.4%€4k▲ 2,895%€43k▲ 951%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,155% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427k
Fixed assets
€100=
Current assets
€427k▼ 21.2%
Equity and liabilities €427k
Equity
€117k▲ 17.7%
Debt
€310k▼ 30.0%
The debt ratio falls from 81.7% to 72.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
27.4%▲
2024 · 18.3%
Current ratio
5.51▼
2024 · 7.91
Quick ratio
5.51▼
2024 · 7.91
Debt / equity
2.65▼
2024 · 4.45
ROE
36.4%▲
2024 · 4.1%
ROA
10.0%▲
2024 · 0.7%
Debt
€310k▼
2024 · €442k
Debt ≤ 1 year
€77k▲
2024 · €68k
Income taxes
€12k
Staff costs
€-38▼
2024 · €53k
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€542k€427k▼
Fixed assets21/28€100€100=
Financial fixed assets28€100€100=
Current assets29/58€541k€427k▼
Amounts receivable within one year40/41€211k€136k▼
Trade receivables40€211k€135k▼
Other amounts receivable41€435€525▲
Cash at bank and in hand54/58€192k€176k▼
Deferred charges and accrued income490/1€138k€114k▼
Equity and liabilities
Total equity and liabilities10/49€542k€427k▼
Equity10/15€99k€117k▲
Contributions10/11€25k€25k=
Reserves13€74k€92k▲
Distributable reserves133€74k€92k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€442k€310k▼
Amounts payable within one year42/48€68k€77k▲
Trade debts44€66k€75k▲
Suppliers440/4€66k€75k▲
Taxes, remuneration and social security45€7€396▲
Taxes450/3€7€396▲
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€374k€232k▼
Income statement
Code20242025
Remuneration, social security and pensions62€53k€-38▼
Other operating charges640/8€604€21▼
Gross operating margin9900€59k€65k▲
Operating profit (loss)9901€5k€65k▲
Financial income75/76B€2k€654▼
Recurring financial income75€2k€654▼
Financial charges65/66B€3k€11k▲
Recurring financial charges65€3k€11k▲
Profit (loss) for the period before taxes9903€4k€55k▲
Income taxes67/77-€12k
Profit (loss) for the period9904€4k€43k▲
Profit (loss) for the period to be appropriated9905€4k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€43k▲
Transfer to equity691/2€4k€18k▲
To other reserves6921€4k€18k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (12 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €117k ▲17.7%
5 profitable years in a row build equity to €117k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €135 ▼99.4%
Net result drops to €135, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ranst · 1 establishment unit since 2020
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.
Handboogweg 192520 RanstGround area
661 m²
Building footprint
173 m²
Volume, LiDAR
908 m³
Parcel 11015C0280/00F000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TRAVELWINKS
since 20202.309.586.133
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11015C0280/00F000 | Flanders | 660 m² | 1 · 173 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 1 entry · 21,250 EUR awarded · 21,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 21,250 EUR | 21,250 EUR |
Schemes
Vlaams Beschermingsmechanisme 10 (stopgezet)
Similar companies · same sector, comparable size
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HOPPETRAVEL
BE 0886.219.318
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BE 0451.515.105
Aartselaar · Eq €116k
LES VOYAGES MICHAUX
BE 0458.938.276
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FUJI TRAVEL
BE 0431.321.287
Elsene · Eq €116k
Of 1,439 companies in sector 79110 we hold annual accounts for 880. 749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2020
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.