TRAVEL LITE
ActiveTRAVEL LITE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €452k and a net result of €74k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+6
Solvency56▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.42 in 2024; short-term debt: 54.9% and cash: 6.2% of total assets), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
31.1%
Return on assets
5.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 09-04-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
164 d early
2023
100 d early
2022
90 d early
2021
61 d early
2020
25 d early
2019
94 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€452k▲ 19.5%
2024 · €378k
2018: €281k
2019: €282k
2020: €273k
2021: €351k
2022: €333k
2023: €336k
2024: €378k
2018 → 2025
Total assets
€1.46M▼ 6.2%
2024 · €1.55M
2018: €2.15M
2019: €1.99M
2020: €2.26M
2021: €1.91M
2022: €1.69M
2023: €1.54M
2024: €1.55M
2018 → 2025
Net result
€74k▲ 5.7%
2024 · €70k
2018: €1k
2019: €457
2020: €-9k
2021: €78k
2022: €57k
2023: €55k
2024: €70k
2018 → 2025
Working capital
€-473k▼ 0.4%
2024 · €-471k
2018: €-442k
2019: €-432k
2020: €-432k
2021: €-352k
2022: €-383k
2023: €-363k
2024: €-471k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€351k-€333k▼ 5.3%€336k▲ 1.0%€378k▲ 12.4%€452k▲ 19.5%
Operating result€112k-€111k▼ 0.9%€127k▲ 14.4%€152k▲ 19.6%€125k▼ 17.9%
Net result€78k-€57k▼ 27.8%€55k▼ 2.3%€70k▲ 26.2%€74k▲ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€1.13M▼ 6.8%
Current assets
€325k▼ 4.0%
Equity and liabilities €1.46M
Equity
€452k▲ 19.5%
Debt
€1.00M▼ 14.5%
The debt ratio falls from 75.6% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€207k▼
2024 · €235k
Cash flow
€156k▲
2024 · €153k
Solvency
31.1%▲
2024 · 24.4%
Current ratio
0.41▼
2024 · 0.42
Quick ratio
0.40▼
2024 · 0.40
Debt / equity
2.22▼
2024 · 3.10
ROE
16.3%▼
2024 · 18.5%
ROA
5.1%▲
2024 · 4.5%
Interest coverage
9.10▲
2024 · 5.33
Debt
€1.00M▼
2024 · €1.17M
Debt ≤ 1 year
€798k▼
2024 · €810k
Debt > 1 year
€205k▼
2024 · €363k
Income taxes
€43k▲
2024 · €39k
Staff costs
€139k▲
2024 · €123k
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€1.55M€1.46M▼
Fixed assets21/28€1.21M€1.13M▼
Tangible fixed assets22/27€1.21M€1.13M▼
Land and buildings22€1.18M€1.10M▼
Plant, machinery and equipment23€1k€610▼
Furniture and vehicles24€33k€28k▼
Current assets29/58€339k€325k▼
Stocks and contracts in progress3€12k€9k▼
Stocks30/36€12k€9k▼
Amounts receivable within one year40/41€53k€61k▲
Trade receivables40€37k€21k▼
Other amounts receivable41€16k€40k▲
Current investments50/53€165k€165k=
Cash at bank and in hand54/58€107k€90k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.46M▼
Equity10/15€378k€452k▲
Contributions10/11€109k€109k=
Reserves13€270k€343k▲
Distributable reserves133€270k€343k▲
Amounts payable17/49€1.17M€1.00M▼
Amounts payable after more than one year17€363k€205k▼
Financial debts170/4€363k€205k▼
Amounts payable within one year42/48€810k€798k▼
Current portion of amounts payable after more than one year42€35k€21k▼
Trade debts44€118k€160k▲
Suppliers440/4€118k€160k▲
Advances received on contracts in progress46€623k€552k▼
Taxes, remuneration and social security45€33k€66k▲
Taxes450/3€9k€43k▲
Remuneration and social security454/9€24k€23k▼
Other amounts payable47/48€864-
Income statement
Code20242025
Remuneration, social security and pensions62€123k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€82k▼
Other operating charges640/8€20k€16k▼
Gross operating margin9900€378k€362k▼
Operating profit (loss)9901€152k€125k▼
Financial income75/76B€1k€15k▲
Recurring financial income75€1k€15k▲
Financial charges65/66B€44k€23k▼
Recurring financial charges65€44k€23k▼
Profit (loss) for the period before taxes9903€109k€117k▲
Income taxes67/77€39k€43k▲
Profit (loss) for the period9904€70k€74k▲
Profit (loss) for the period to be appropriated9905€70k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€74k▲
Transfer from equity791/2€12k-
Transfer to equity691/2€70k€74k▲
To other reserves6921€70k€74k▲
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
Social balance
Average headcount (FTE)90871.92.0▲
The notes to these accounts (8 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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-10
Financial
Weakest financial yearnet €-9k ▼1970%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
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
6 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, Sint-Niklaas · 1 establishment unit since 1998
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.
Prinses Jos.-Charlottelaan 219100 Sint-NiklaasGround area
487 m²
Building footprint
149 m²
Volume, LiDAR
576 m³
Parcel 46444D0639/00N002, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CONNECTIONS USIT
since 19982.089.479.968
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0639/00N002 | Flanders | 487 m² | 1 · 149 m² | 9.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 23,790 EUR awarded · 23,790 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,290 EUR | 1,290 EUR |
| 2022 | 1 | 22,500 EUR | 22,500 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,439 companies in sector 79110 we hold annual accounts for 880. 671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-1998
Fiscal year end31-10
Activities, NACEBEL
79110Travel agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.
Contact details
4 entriesWebsite:www.connections.be
E-mail:annemie.rollier@connections.be
Phone:003237600000
Fax:003237600001