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TRAVISCAN

Active
Private limited company (pre-2019)founded 197848 years activeDa Vincilaan 2, 1930 Zaventem, BelgiumKBO/BCE: BE 0418.306.263
Summary

The computed 12-month bankruptcy probability of TRAVISCAN is 4.3% (elevated). The 2024 annual accounts show negative equity (-€239,106) and a net result of -€14,568. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 8,968 sector peers (NACE 73, fiscal year 2024). The company has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Advertising agencies
NACE 73110
#7 oldest company in Zaventem, Professional and technical services sector1 site
Size
€77,885total assets 2024
Equity
-€239,106
Loss
-€14,568
Turnover not published (abridged schema)
Financial health
46 Fair Checked score 2024
Bankruptcy probability, 12 months
4.3%
Structure
Accounts 68 days overdue0 of 1 deed read
Why 46- 1 financial year not filed after the legal deadline; latest accounts 183 days late; 3 of the last 3 late- Liquidity: current ratio 2.05, cash €2,844- Loss of €14,568, the second in a row (FY 2024)+ Founded in 1978Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 73, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -307.0% of total assets
Liquidity 31+27
short-term debt 48.1% · cash 3.7%
Profitability 0=
return on assets -18.7%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,214 companies)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.7%▲ +0.3 percentage points vs 06-2025 08-2025: 3.1%▲ +0.4 percentage points vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.2%▲ +0.1 percentage points vs 09-2025 11-2025: 3.3%▲ +0.1 percentage points vs 10-2025 12-2025: 4.1%▲ +0.8 percentage points vs 11-2025 01-2026: 6.4%▲ +2.3 percentage points vs 12-2025highest value 02-2026: 3.7%▼ -2.7 percentage points vs 01-2026 03-2026: 3.7%● unchanged vs 02-2026 04-2026: 3.7%● unchanged vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.7%● unchanged vs 05-2026 07-2026: 3.9%▲ +0.2 percentage points vs 06-2026 08-2026: 4.1%▲ +0.2 percentage points vs 07-2026 09-2026: 4.2%▲ +0.1 percentage points vs 08-2026 10-2026: 4.3%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 2.05 against 0.29 in 2023; short-term debt: 48.1% and cash: 3.7% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 5% on solvency, 17% on liquidity, 6% on profitability and 34% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 183 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.05, cash €2,844
NBB · annual accounts
lowers risk · Founded in 1978
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Loss of €14,568, the second in a row (FY 2024)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€239,106
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-01-2026, 183 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
183 days late
2023
61 days late
2022
392 days late
2021
33 days late
2020
82 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 146 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Liquidity times 7current ratio 2.05
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€239,106 View
  • Caution: Among the weakest 5% on solvencysector median 55.1% · 8,968 companies -307.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€14,568 View
  • Active since 1978founded 09-02-1978 48 years View

By topic

Financials

Fiscal year
2024
Total assets
€77,885
Loss
-€14,568
Solvency
-307.0%
Total assets▼ 9.7%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 26-08-2024Annual accounts filed
  2. 31-12-2022Back to profit
  3. 02-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Advertising agenciesNACE 73110
Founded
09-02-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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