TRAVELSTORE
ActiveSummary
TRAVELSTORE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €45k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 445 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+16
Solvency40▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.08 in 2024; short-term debt: 85% and cash: 3.4% of total assets), and 85% 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 · 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
15%
Return on assets
3.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
7 d late
2022
24 d early
2021
3 d late
2020
81 d early
2019
3 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
Equity
€197k▲ 29.3%
2024 · €153k
2018: €45k
2019: €39k
2020: €50k
2021: €66k
2022: €80k
2023: €127k
2024: €153k
2018 → 2025
Total assets
€1.31M▲ 62.8%
2024 · €806k
2018: €222k
2019: €217k
2020: €120k
2021: €102k
2022: €281k
2023: €845k
2024: €806k
2018 → 2025
Net result
€45k▲ 73.8%
2024 · €26k
2018: €14k
2019: €44k
2020: €12k
2021: €15k
2022: €14k
2023: €47k
2024: €26k
2018 → 2025
Working capital
€102k▲ 90.6%
2024 · €53k
2018: €38k
2019: €34k
2020: €47k
2021: €56k
2022: €6k
2023: €-53k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€80k▲ 22.0%€127k▲ 58.8%€153k▲ 20.2%€197k▲ 29.3%
Operating result€-6k-€19k€65k▲ 243%€71k▲ 9.3%€83k▲ 18.3%
Net result€15k-€14k▼ 4.8%€47k▲ 226%€26k▼ 45.3%€45k▲ 73.8%
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 four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€96k ▼ 3.7%
Current assets
€1.22M ▲ 72.2%
Equity and liabilities €1.31M
Equity
€197k ▲ 29.3%
Debt
€1.12M ▲ 70.7%
Debt's share of the balance-sheet total rises from 81.1% to 85.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €75k
Cash flow
€49k▲
2024 · €30k
Current ratio
1.09▲
2024 · 1.08
Debt to equity
5.65▲
2024 · 4.28
ROE
22.6%▲
2024 · 16.8%
ROA
3.4%▲
2024 · 3.2%
Interest coverage
3.96▲
2024 · 2.13
Debt ≤ 1 year
€1.12M▲
2024 · €653k
Income taxes
€17k▲
2024 · €10k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€806k€1.31M▲
Fixed assets21/28€99k€96k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Financial fixed assets28€92k€92k=
Current assets29/58€707k€1.22M▲
Amounts receivable within one year40/41€677k€1.17M▲
Trade receivables40€677k€1.17M▲
Other amounts receivable41€314€2k▲
Cash at bank and in hand54/58€29k€45k▲
Equity and liabilities
Total equity and liabilities10/49€806k€1.31M▲
Equity10/15€153k€197k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€132k€177k▲
Amounts payable17/49€653k€1.12M▲
Amounts payable within one year42/48€653k€1.12M▲
Trade debts44€627k€751k▲
Suppliers440/4€627k€751k▲
Taxes, remuneration and social security45€27k€26k▼
Taxes450/3€27k€26k▼
Other amounts payable47/48-€338k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8-€66
Gross operating margin9900€75k€88k▲
Operating profit (loss)9901€71k€83k▲
Financial income75/76B€31-
Recurring financial income75€31-
Financial charges65/66B€35k€22k▼
Recurring financial charges65€35k€22k▼
Profit (loss) for the period before taxes9903€35k€61k▲
Income taxes67/77€10k€17k▲
Profit (loss) for the period9904€26k€45k▲
Profit (loss) for the period to be appropriated9905€26k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€132k€177k▲
Profit (loss) brought forward from the previous period14P€106k€132k▲
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €153k ▲20.2%
7 profitable years in a row build equity to €153k.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Highest result since 2018net €47k ▲226%
Net result €47k, the highest in the series.
31-12
Financial
Equity above €100kEq €127k ▲58.8%
6 profitable years in a row build equity to €127k.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €12k ▼73%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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 1995
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.
Dokter Lemoinelaan 111070 AnderlechtGround area
797 m²
Building footprint
333 m²
Volume, LiDAR
15,939 m³
Parcel 21308H0298/00G000, Brussels · tallest building 52.2 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
HOLIDAYHEROES
since 19952.071.979.584
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0298/00G000 | Brussels | 797 m² | 1 · 333 m² | 52.2 m · 16 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
TRAVEL & SMILE
BE 0860.557.175
Hove · Eq €197,175
A'TOP TRAVEL & INCENTIVES
BE 0472.490.760
Lede · Eq €196,609
SPRINGBOK
BE 0448.208.591
Roeselare · Eq €195,513
WATS
BE 0446.408.450
Antwerpen · Eq €195,429
SOFORO
BE 1001.585.277
Diest · Eq €199,594
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 750 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
Founded19-05-1995
Fiscal year end31-12
Activities, NACEBEL 2025
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.