SAPHIR TRAVEL
ActiveSAPHIR TRAVEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445k and a net result of €76k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 89% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.92 against 9.16 in 2024; short-term debt: 16.8% and cash: 98.8% of total assets), and 16.8% 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 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
83.2%
Return on assets
14.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €445k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
36 d early
2023
24 d early
2022
12 d early
2021
789 d late
2020
45 d early
2019
172 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€76k▼ 39.2%
2024 · €125k
2018: €1k
2019: €9k
2020: €-130k
2021: €102k
2022: €4k
2023: €9k
2024: €125k
2018 → 2025
Working capital
€441k▲ 28.5%
2024 · €343k
2018: €369k
2019: €375k
2020: €245k
2021: €302k
2022: €209k
2023: €219k
2024: €343k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€235k▼ 28.5%€245k▲ 4.0%€369k▲ 50.9%€445k▲ 20.5%
Operating result€105k-€9k▼ 91.4%€11k▲ 18.2%€-69k€107k
Net result€102k-€4k▼ 96.0%€9k▲ 131%€125k▲ 1,228%€76k▼ 39.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €107k after a loss of €69k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €534k
Fixed assets
€4k▼ 86.0%
Current assets
€531k▲ 37.7%
Equity and liabilities €534k
Equity
€445k▲ 20.5%
Debt
€90k▲ 113%
The debt ratio rises from 10.2% to 16.8%. Equity and debt are higher.
Key figures and ratios
Solvency
83.2%▼
2024 · 89.8%
Current ratio
5.92▼
2024 · 9.16
Quick ratio
5.92▼
2024 · 9.16
Debt / equity
0.20▲
2024 · 0.11
ROE
17.0%▼
2024 · 33.7%
ROA
14.2%▼
2024 · 30.3%
Debt
€90k▲
2024 · €42k
Debt ≤ 1 year
€90k▲
2024 · €42k
Income taxes
€28k▼
2024 · €36k
Staff costs
€85k▼
2024 · €88k
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€411k€534k▲
Fixed assets21/28€26k€4k▼
Financial fixed assets28€26k€4k▼
Current assets29/58€385k€531k▲
Amounts receivable within one year40/41€166k€3k▼
Trade receivables40€42k€595▼
Other amounts receivable41€124k€2k▼
Cash at bank and in hand54/58€219k€528k▲
Equity and liabilities
Total equity and liabilities10/49€411k€534k▲
Equity10/15€369k€445k▲
Contributions10/11€230k€230k=
Reserves13€23k€23k=
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Profit (loss) carried forward14€117k€192k▲
Amounts payable17/49€42k€90k▲
Amounts payable within one year42/48€42k€90k▲
Financial debts43€50€51▲
Credit institutions430/8€50€51▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€40k€46k▲
Taxes450/3€31k€23k▼
Remuneration and social security454/9€10k€22k▲
Other amounts payable47/48€2k€36k▲
Income statement
Code20242025
Remuneration, social security and pensions62€88k€85k▼
Other operating charges640/8€6k€102k▲
Gross operating margin9900€25k€294k▲
Operating profit (loss)9901€-69k€107k▲
Financial income75/76B€233k-
Recurring financial income75€233k-
Non-recurring financial income76B€233k-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€160k€104k▼
Income taxes67/77€36k€28k▼
Profit (loss) for the period9904€125k€76k▼
Profit (loss) for the period to be appropriated9905€125k€76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€192k▲
Profit (loss) brought forward from the previous period14P€-8k€117k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (5 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €125k ▲1228%
Net result €125k, the highest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 789 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 6current ratio 21.57
Current ratio from 3.72 to 21.57; short-term debt falls from €77k to €11k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
31-12
Financial
Back to profitnet €102k
Net result €102k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 16.49
Current ratio from 5.01 to 16.49; short-term debt falls from €61k to €19k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 172 days late
2020
31-12
Financial
Weakest financial yearnet €-130k ▼1626%
Net result drops to €-130k, the lowest in the series; recovery starts the following year.
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anderlecht · 1 establishment unit since 2024
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.
de Fiennesstraat 651070 AnderlechtGround area
193 m²
Building footprint
95 m²
Volume, LiDAR
1,353 m³
Parcel 21305B0249/00A013, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
SAPHIR TRAVEL
since 20242.366.694.684
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0249/00A013 | Brussels | 193 m² | 1 · 95 m² | 20.5 m · 6 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
CORTHOUTS & CORTHOUTS
BE 0466.448.650
Genk · Eq €445k
Reizen Lenaers
BE 0421.591.989
Koksijde · Eq €444k
AALST TRAVEL BURO
BE 0444.641.070
Aalst · Eq €449k
TRAVEL COUNSELLORS BELGIUM
BE 0544.841.476
Antwerpen · Eq €451k
TRAVEL LITE
BE 0464.479.946
Sint-Niklaas · Eq €452k
Of 1,439 companies in sector 79110 we hold annual accounts for 880. 674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2000
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.