Contour Travel
ActiveSummary
The computed 12-month bankruptcy probability of Contour Travel is 2.6% (moderate). The 2025 annual accounts show equity of €30k and a net result of €121k. Equity is shrinking by ~22.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 16% of 445 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+7
Solvency28▼-14
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 6.4 in 2024; short-term debt: 47.8% and cash: 68.5% of total assets), but 96.7% 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 · 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
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 · 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
3.3%
Return on assets
13.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 445 sector peers (2025).
NBB · sector comparisonPosition among 445 sector peers
Solvency
better than 16%
← weakest
strongest →
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 18-05-2026, 74 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
74 d early
2024
22 d early
2023
6 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€30k▼ 72.7%
2024 · €109k
2023: €54k
2024: €109k
2023 → 2025
Total assets
€891k▲ 39.4%
2024 · €639k
2023: €224k
2024: €639k
2023 → 2025
Net result
€121k▲ 123%
2024 · €54k
2023: €29k
2024: €54k
2023 → 2025
Working capital
€460k▼ 13.8%
2024 · €534k
2023: €165k
2024: €534k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€54k-€109k▲ 99.9%€30k▼ 72.7%
Operating result€39k-€69k▲ 78.1%€156k▲ 125%
Net result€29k-€54k▲ 85.2%€121k▲ 123%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 125% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €891k
Fixed assets
€5k ▼ 22.6%
Current assets
€886k ▲ 40.0%
Equity and liabilities €891k
Equity
€30k ▼ 72.7%
Debt
€861k ▲ 62.4%
Debt's share of the balance-sheet total rises from 83.0% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€159k▲
2024 · €72k
Cash flow
€124k▲
2024 · €57k
Current ratio
2.08▼
2024 · 6.40
Debt to equity
29.01▲
2024 · 4.88
ROE
408.1%▲
2024 · 50.0%
ROA
13.6%▲
2024 · 8.5%
Interest coverage
321.11▲
2024 · 84.68
Debt ≤ 1 year
€426k▲
2024 · €99k
Income taxes
€37k▲
2024 · €15k
Staff costs
€49k▲
2024 · €42k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€639k€891k▲
Fixed assets21/28€6k€5k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Financial fixed assets28-€2k
Current assets29/58€633k€886k▲
Amounts receivable within one year40/41€116k€82k▼
Trade receivables40€116k€68k▼
Other amounts receivable41-€14k
Cash at bank and in hand54/58€392k€610k▲
Deferred charges and accrued income490/1€125k€194k▲
Equity and liabilities
Total equity and liabilities10/49€639k€891k▲
Equity10/15€109k€30k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€84k€5k▼
Amounts payable17/49€530k€861k▲
Amounts payable within one year42/48€99k€426k▲
Trade debts44€66k€103k▲
Suppliers440/4€66k€103k▲
Advances received on contracts in progress46-€91k
Taxes, remuneration and social security45€27k€59k▲
Taxes450/3€20k€52k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€7k€174k▲
Accrued charges and deferred income492/3€431k€435k▲
Income statement
Code20242025
Remuneration, social security and pensions62€42k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€509€120▼
Gross operating margin9900€114k€209k▲
Operating profit (loss)9901€69k€156k▲
Financial income75/76B€702€2k▲
Recurring financial income75€702€2k▲
Financial charges65/66B€851€496▼
Recurring financial charges65€851€496▼
Profit (loss) for the period before taxes9903€69k€158k▲
Income taxes67/77€15k€37k▲
Profit (loss) for the period9904€54k€121k▲
Profit (loss) for the period to be appropriated9905€54k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€205k▲
Profit (loss) brought forward from the previous period14P€29k€84k▲
Profit to be distributed694/7-€200k
Return on contributions (dividend)694-€200k
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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €121k ▲123%
Operating result €156k, net result €121k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €109k ▲99.9%
2 profitable years in a row build equity to €109k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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, Antwerpen · 1 establishment unit since 2022
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.
Thonetlaan 942050 AntwerpenGround area
1,314 m²
Building footprint
1,110 m²
Volume, LiDAR
12,842 m³
2 parcels, Flanders · tallest building 22.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Contour Travel
since 20222.332.469.918
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E1286/00G006 | Flanders | 1,026 m² | 1 · 1,002 m² | 22.3 m · 5 fl. |
| 11813N0735/00Y002 | Flanders | 288 m² | 1 · 108 m² | 11.6 m · 2 fl. |
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
2023 · 1 entry · 1,020 EUR awarded · 1,020 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,020 EUR | 1,020 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,437 companies in sector 79110 we hold annual accounts for 880. 581 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 formPrivate limited company
Founded22-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
79120Travel agency, tour operator and other reservation service and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:wouter@contourtravel.be