HIGHWAY HOLIDAYS
ActiveHIGHWAY HOLIDAYS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240k and a net result of €55k. Equity is growing by ~62% per year across the filed fiscal years. Its solvency ranks better than 39% of 1511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
53
/ 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
Profitability74▼-6
Solvency44▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.81 in 2024; short-term debt: 41.4% and cash: 1.6% of total assets), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 77
Relative position
BE, all sectors
reference
Sector 77
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
19.1%
Return on assets
4.3%
Age of the figures
12 mo
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
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-07-2026, 76 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 · 7 filingsDeviation from the deadline
2025
76 d late
2024
20 d early
2023
on the day
2022
2 d late
2021
23 d early
2020
42 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€240k▲ 29.4%
2024 · €186k
2019: €13k
2020: €28k
2021: €17k
2022: €63k
2023: €76k
2024: €186k
2019 → 2025
Total assets
€1.26M▲ 1.4%
2024 · €1.24M
2019: €45k
2020: €143k
2021: €204k
2022: €253k
2023: €740k
2024: €1.24M
2019 → 2025
Net result
€55k▼ 50.1%
2024 · €109k
2019: €7k
2020: €14k
2021: €-11k
2022: €46k
2023: €113k
2024: €109k
2019 → 2025
Working capital
€-54k▲ 42.2%
2024 · €-94k
2019: €9k
2020: €2k
2021: €-23k
2022: €-3k
2023: €21k
2024: €-94k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€63k▲ 270%€76k▲ 20.2%€186k▲ 144%€240k▲ 29.4%
Operating result€-10k-€65k€131k▲ 102%€124k▼ 4.8%€62k▼ 49.7%
Net result€-11k-€46k€113k▲ 144%€109k▼ 2.9%€55k▼ 50.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€790k▼ 7.3%
Current assets
€466k▲ 20.5%
Equity and liabilities €1.26M
Equity
€240k▲ 29.4%
Debt
€1.02M▼ 3.5%
The debt ratio falls from 85.0% to 80.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€199k▼
2024 · €240k
Cash flow
€191k▼
2024 · €226k
Solvency
19.1%▲
2024 · 15.0%
Current ratio
0.90▲
2024 · 0.81
Quick ratio
0.90▲
2024 · 0.81
Debt / equity
4.23▼
2024 · 5.67
ROE
22.7%▼
2024 · 59.0%
ROA
4.3%▼
2024 · 8.8%
Interest coverage
25.16▲
2024 · 16.14
Debt
€1.02M▼
2024 · €1.05M
Debt ≤ 1 year
€521k▲
2024 · €481k
Debt > 1 year
€475k▼
2024 · €567k
Staff costs
€179k▲
2024 · €127k
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€1.24M€1.26M▲
Fixed assets21/28€852k€790k▼
Tangible fixed assets22/27€852k€789k▼
Land and buildings22€556k€533k▼
Plant, machinery and equipment23€72k€88k▲
Furniture and vehicles24€17k€32k▲
Leasing and similar rights25€206k€137k▼
Financial fixed assets28-€345
Current assets29/58€387k€466k▲
Amounts receivable within one year40/41€340k€444k▲
Trade receivables40€181k€150k▼
Other amounts receivable41€158k€294k▲
Cash at bank and in hand54/58€31k€20k▼
Deferred charges and accrued income490/1€16k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.26M▲
Equity10/15€186k€240k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€178k€232k▲
Amounts payable17/49€1.05M€1.02M▼
Amounts payable after more than one year17€567k€475k▼
Financial debts170/4€567k€475k▼
Amounts payable within one year42/48€481k€521k▲
Current portion of amounts payable after more than one year42€91k€80k▼
Trade debts44-€47k
Suppliers440/4-€47k
Advances received on contracts in progress46€198k€10k▼
Taxes, remuneration and social security45€75k€60k▼
Taxes450/3€33k€9k▼
Remuneration and social security454/9€42k€51k▲
Other amounts payable47/48€116k€323k▲
Accrued charges and deferred income492/3€5k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€127k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€136k▲
Other operating charges640/8€15k€27k▲
Gross operating margin9900€382k€405k▲
Operating profit (loss)9901€124k€62k▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€15k€8k▼
Recurring financial charges65€15k€8k▼
Profit (loss) for the period before taxes9903€109k€55k▼
Profit (loss) for the period9904€109k€55k▼
Profit (loss) for the period to be appropriated9905€109k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€178k€232k▲
Profit (loss) brought forward from the previous period14P€68k€178k▲
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 76 days late
2025
30-09
Financial
Equity above €200kEq €240k ▲29.4%
4 profitable years in a row build equity to €240k.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €186k ▲144%
3 profitable years in a row build equity to €186k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2019net €113k ▲144%
Operating result €131k, net result €113k, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-11k ▼174%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Hélécine · 3 establishment units since 2018
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.
Rue Nicolas Copernic 291357 HélécineGround area
1.6 ha
Building footprint
4,171 m²
Volume, LiDAR
10,454 m³
3 parcels, Flanders, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
HIGHWAY HOLIDAYS
since 20182.277.094.004
Highway Holidays Logistics
since 20202.297.745.502
Highway Holidays L.A. Scene
since 20242.362.041.654
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25069D0253/00C000 | Wallonia | 9,653 m² | 2 · 3,129 m² | - |
| 23094D0036/00X000 | Flanders | 5,682 m² | 1 · 943 m² | 13.3 m · 4 fl. |
| 81015A1689/00F000 | Wallonia | 831 m² | 1 · 99 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
De Molse Geldadviseurs
BE 0820.159.546
Mol · Eq €241k
GOETZE-EVENTS
BE 0721.626.154
Lier · Eq €244k
Chateau Exclusif
BE 0686.967.658
Merchtem · Eq €234k
ANTWERPS TENTENBEDRIJF
BE 0419.579.933
Zoersel · Eq €247k
ZAKENKANTOOR D.G.S.
BE 0460.420.396
Kortrijk · Eq €231k
Of 881 companies in sector 77229 we hold annual accounts for 319. 242 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2018
Fiscal year end30-09
Activities, NACEBEL
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
32200Other manufacturing
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:accounting@highwayholidays.eu
Phone:+32485430047