V.O.S. Travel
ActiveSummary
V.O.S. Travel has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.91M and a net result of €586k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 54% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+31
Solvency59▲+8
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.34 in 2024; short-term debt: 65.9% and cash: 42% of total assets), but 66.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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
33.9%
Return on assets
6.8%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 05-01-2026, 36 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 · 10 filingsDeviation from the deadline
2025
36 d late
2024
3 d late
2023
1 d early
2022
15 d early
2021
on the day
2020
39 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close24-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.91M▲ 25.2%
2024 · €2.32M
2019: €2.35M
2020: €2.66M
2021: €2.80M
2022: €2.72M
2023: €3.08M
2024: €2.32M
2019 → 2025
Total assets
€8.59M▼ 5.3%
2024 · €9.07M
2019: €7.09M
2020: €5.92M
2021: €4.21M
2022: €6.76M
2023: €8.59M
2024: €9.07M
2019 → 2025
Net result
€586k▲ 142%
2024 · €242k
2019: €306k
2020: €446k
2021: €148k
2022: €37k
2023: €480k
2024: €242k
2019 → 2025
Working capital
€2.85M▲ 25.5%
2024 · €2.27M
2019: €2.28M
2020: €2.60M
2021: €2.73M
2022: €2.67M
2023: €3.01M
2024: €2.27M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.80M-€2.72M▼ 2.9%€3.08M▲ 13.2%€2.32M▼ 24.6%€2.91M▲ 25.2%
Operating result€178k-€49k▼ 72.2%€495k▲ 901%€496k▲ 0.2%€581k▲ 17.2%
Net result€148k-€37k▼ 74.7%€480k▲ 1,181%€242k▼ 49.5%€586k▲ 142%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.59M
Fixed assets
€73k ▲ 46.0%
Current assets
€8.52M ▼ 5.5%
Equity and liabilities €8.59M
Equity
€2.91M ▲ 25.2%
Debt
€5.68M ▼ 15.8%
Debt's share of the balance-sheet total falls from 74.4% to 66.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€607k▲
2024 · €522k
Cash flow
€612k▲
2024 · €269k
Current ratio
1.50▲
2024 · 1.34
Debt to equity
1.95▼
2024 · 2.90
ROE
20.2%▲
2024 · 10.4%
ROA
6.8%▲
2024 · 2.7%
Interest coverage
23.30▲
2024 · 2.91
Debt ≤ 1 year
€5.66M▼
2024 · €6.74M
Income taxes
€206k▲
2024 · €96k
Staff costs
€390k▼
2024 · €401k
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 · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.07M€8.59M▼
Fixed assets21/28€50k€73k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€43k€65k▲
Land and buildings22€3k€37k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€35k€25k▼
Financial fixed assets28€7k€7k▲
Current assets29/58€9.02M€8.52M▼
Amounts receivable within one year40/41€4.09M€4.14M▲
Trade receivables40€4.08M€4.13M▲
Other amounts receivable41€9k€9k=
Current investments50/53€1.33M€753k▼
Cash at bank and in hand54/58€3.58M€3.61M▲
Deferred charges and accrued income490/1€25k€23k▼
Equity and liabilities
Total equity and liabilities10/49€9.07M€8.59M▼
Equity10/15€2.32M€2.91M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.26M€2.85M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€211k€316k▲
Distributable reserves133€2.04M€2.53M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€6.74M€5.68M▼
Amounts payable within one year42/48€6.74M€5.66M▼
Trade debts44€266k€243k▼
Suppliers440/4€266k€243k▼
Advances received on contracts in progress46€5.34M€5.26M▼
Taxes, remuneration and social security45€119k€122k▲
Taxes450/3€73k€77k▲
Remuneration and social security454/9€46k€45k▼
Other amounts payable47/48€1.02M€39k▼
Accrued charges and deferred income492/3-€17k
Income statement
Code20242025
Remuneration, social security and pensions62€401k€390k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€929k€1,000k▲
Operating profit (loss)9901€496k€581k▲
Financial income75/76B€22k€237k▲
Recurring financial income75€22k€237k▲
Financial charges65/66B€179k€26k▼
Recurring financial charges65€179k€26k▼
Profit (loss) for the period before taxes9903€339k€792k▲
Income taxes67/77€96k€206k▲
Profit (loss) for the period9904€242k€586k▲
Transfer from tax-exempt reserves789€89k€0▼
Transfer to tax-exempt reserves689€0€105k▲
Profit (loss) for the period to be appropriated9905€331k€481k▲
Appropriation of the result
Profit (loss) to be appropriated9906€331k€481k▲
Transfer from equity791/2€1.00M€0▼
Transfer to equity691/2€331k€481k▲
To other reserves6921€331k€481k▲
Profit to be distributed694/7€1.00M€0▼
Return on contributions (dividend)694€1.00M€0▼
Directors or managers695€0-
Social balance
Average headcount (FTE)90877.06.5▼
The notes to these accounts (11 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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 36 days late
2025
30-04
Financial
Highest result since 2019net €586k ▲142%
Net result €586k, the highest in the series.
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-04
Financial
Weakest financial yearnet €37k ▼74.7%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 1977
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.
Polenplein 208800 RoeselareGround area
1,109 m²
Building footprint
1,110 m²
Volume, LiDAR
13,229 m³
Parcel 36502B0087/00P000, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Polenplein 20, 8800 Roeselare
since 19772.013.313.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0087/00P000 | Flanders | 1,109 m² | 1 · 1,110 m² | 19.6 m · 5 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500IKP1SFD1HCW389
Similar companies · same sector, comparable size
TRAVEL SENSATIONS
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ALK-REIZEN
BE 0424.866.037
Alken · Eq €2.64M
BT TOURS
BE 0438.852.348
Binche · Eq €3.47M
JOSK
BE 0455.264.550
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EXPAIRTOURS
BE 0860.129.979
Brussel · Eq €2.40M
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1977
Fiscal year end30-04
Activities, NACEBEL 2025
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.