LV TRAVEL
ActiveSummary
The computed 12-month bankruptcy probability of LV TRAVEL is 6.2% (elevated). The 2024 annual accounts show equity of €56k and a net result of €27k. Its solvency ranks better than 84% of 6717 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+8
Solvency100▲+38
Growth78
Track record94
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 3.25 against 1.04 in 2023; short-term debt: 23.8% and cash: 8% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 03-02-2026, 187 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
187 d late
2023
238 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 91.1%
2023 · €29k
2023: €29k
2023 → 2024
Total assets
€73k▼ 8.4%
2023 · €80k
2023: €80k
2023 → 2024
Net result
€27k▲ 75.3%
2023 · €15k
2023: €15k
2023 → 2024
Working capital
€39k▲ 1,652%
2023 · €2k
2023: €2k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€29k-€56k▲ 91.1%
Operating result€21k-€34k▲ 66.4%
Net result€15k-€27k▲ 75.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 66% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets
€17k ▼ 38.4%
Current assets
€57k ▲ 6.9%
Equity and liabilities €73k
Equity
€56k ▲ 91.1%
Debt
€17k ▼ 65.6%
Debt's share of the balance-sheet total falls from 63.5% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2023 · €28k
Cash flow
€38k▲
2023 · €22k
Current ratio
3.25▲
2023 · 1.04
Debt to equity
0.31▼
2023 · 1.74
ROE
47.7%▼
2023 · 52.0%
ROA
36.3%▲
2023 · 19.0%
Interest coverage
123.69▼
2023 · 398.12
Debt ≤ 1 year
€17k▼
2023 · €51k
Income taxes
€8k▲
2023 · €5k
Staff costs
€1k▲
2023 · €664
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€80k€73k▼
Fixed assets21/28€27k€17k▼
Tangible fixed assets22/27€27k€17k▼
Furniture and vehicles24€27k€17k▼
Current assets29/58€53k€57k▲
Amounts receivable within one year40/41€52k€51k▼
Trade receivables40€51k€13k▼
Other amounts receivable41€1k€38k▲
Cash at bank and in hand54/58€892€6k▲
Equity and liabilities
Total equity and liabilities10/49€80k€73k▼
Equity10/15€29k€56k▲
Contributions10/11€14k€14k=
Outside capital11€14k€14k=
Other1109/19€14k€14k=
Profit (loss) carried forward14€15k€42k▲
Amounts payable17/49€51k€17k▼
Amounts payable within one year42/48€51k€17k▼
Trade debts44€31k€2k▼
Suppliers440/4€31k€2k▼
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€6k€15k▲
Taxes450/3€5k€14k▲
Remuneration and social security454/9€740€1k▲
Other amounts payable47/48€6k-
Income statement
Code20232024
Remuneration, social security and pensions62€664€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€767€469▼
Gross operating margin9900€29k€48k▲
Operating profit (loss)9901€21k€34k▲
Financial income75/76B€5€4▼
Recurring financial income75€5€4▼
Financial charges65/66B€70€371▲
Recurring financial charges65€70€371▲
Profit (loss) for the period before taxes9903€21k€34k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€15k€27k▲
Profit (loss) for the period to be appropriated9905€15k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€42k▲
Profit (loss) brought forward from the previous period14P-€15k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 238 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 1.04 to 3.25; short-term debt falls from €51k to €17k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schaarbeek · 1 establishment unit since 2023
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.
Brabantstraat 1711030 SchaarbeekGround area
79 m²
Building footprint
78 m²
Volume, LiDAR
1,197 m³
Parcel 21909E0029/00F009, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LV TRAVEL
since 20232.344.969.753
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21909E0029/00F009 | Brussels | 79 m² | 1 · 78 m² | 18.2 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.
Similar companies · same sector, comparable size
BELVEDERE GLOBAL GROUP
BE 0841.611.590
Brussel · Eq €55,168
AK BUSINESS
BE 0677.609.732
Brussel · Eq €54,671
LIMO KAOLO
BE 0727.764.670
Zaventem · Eq €54,663
LIMOCORP
BE 0717.995.087
Kraainem · Eq €56,791
EAY
BE 0715.400.239
Brussel · Eq €57,381
Of 962 companies in sector 49310 we hold annual accounts for 487. 338 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
Founded14-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.