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TRAVEX

Active
Public limited companyfounded 197452 yrs activeDrievuldigheidsvoorplein 8, 1050 Elsene, BelgiumKBO/BCE: BE 0414.435.171
Summary

TRAVEX has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €648,000 and a net result of €16,376. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 43% of 169 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
TRAVEXActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Travel agency activities
NACE 79110NACE 63301
#6 oldest company in Elsene, Administrative and support services sector1 site
Size
€2.4mtotal assets 2025
Staff
11.4 FTE
Equity
€648,000
Profit
€16,376
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 3 d early0 of 7 deeds read
Why 88- 1 of the last 3 late+ Founded in 1974+ Liquidity: current ratio 1.59, cash €434,948+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 34% of its sector peers (NACE 79, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 53+3
equity 27.6% of total assets
Liquidity 42+7
short-term debt 59.7% · cash 18.5%
Profitability 36-3
return on assets 0.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (83 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▲ +1.4% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%▼ -2.4% vs 05-2025 07-2025: 0.3%▲ +39.5% vs 06-2025highest value 08-2025: 0.3%▼ -10.5% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▼ -0.8% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.2%▼ -2.4% vs 02-2026 04-2026: 0.2%▼ -0.8% vs 03-2026 05-2026: 0.3%▲ +4.1% vs 04-2026 06-2026: 0.3%● 0.0% vs 05-2026 07-2026: 0.3%▲ +2.3% vs 06-2026 08-2026: 0.2%▼ -41.2% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%● 0.0% vs 09-2026lowest value
  • Founded in 1974 lowers the probability for this profile
  • Liquidity: current ratio 1.59, cash €434,948 lowers the probability
  • 1 of the last 3 late raises the probability
  • Legal form Public limited company lowers the probability
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.5 in 2024; short-term debt: 59.7% and cash: 18.5% of total assets), but 72.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 79, small). Better than this share of them on solvency 50%, liquidity 37%, profitability 16%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1974
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.59, cash €434,948
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
35 d late
2023
42 d early
2022
7 d early
2021
9 d early
2020
19 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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. Usually files around 24 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Oldest company in Elsene, Administrative and support services…in the Checked rankings #6 View
  • Positive: 5 profitable years in a rowprofit 2025: €16,376 5 years View
  • Known shareholdersaccounts at 31-12-2025 100% View
  • Active since 1974founded 30-08-1974 52 years View
  • EU supportawarded 2025 €132,249 View

By topic

Financials

Fiscal year
2025
Total assets
€2.4m
Profit
€16,376
Solvency
27.6%
Total assets▼ 6.9%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 28-07-2026Annual accounts filed
  2. 04-09-2025Annual accounts filed
  3. 19-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Travel agency activitiesNACE 79110
Founded
30-08-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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