Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bando Travel Service from Zaventem, company number BE0419899637, closed financial year 2025 with a result of € 61,948 after tax. For that financial year Bando Travel Service recorded a gross margin of € 139,988 and equity of € 600,040. Compared with financial year 2024, the result moved from € 62,866 to € 61,948. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 600,040
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,948
▼ 1% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 375,040.
Debts at end 2025
€ 189,908
▼ 29% vs 2024
€ 82,301 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 9,084
▲ € 7,276 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 649
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 113,674 | € 139,277 | € 144,522 | € 139,988 | ▼ 3% |
| Profit after taxes | € 55,548 | € 23,937 | € 62,866 | € 61,948 | ▼ 1% |
| Equity | € 451,288 | € 475,226 | € 538,092 | € 600,040 | ▲ 12% |
| Total debts | € 163,658 | € 387,860 | € 305,519 | € 235,491 | ▼ 23% |
| Land & buildings | € 463,872 | € 772,478 | € 728,581 | € 684,684 | ▼ 6% |
| Retained profit | € 226,288 | € 250,226 | € 313,092 | € 375,040 | ▲ 20% |
| Bank debt | € 127,780 | € 351,167 | € 268,988 | € 189,908 | ▼ 29% |
| Balance sheet total | € 614,946 | € 863,086 | € 843,610 | € 835,530 | ▼ 1% |
Key figures of Bando Travel Service, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Bando Travel Service?
What happened at Bando Travel Service in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- V. MALDAGUE stepped down as director. NBB
- OFELIA BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 61,948 (▼ 1% vs 2024). Source: NBB ↗
- V. MALDAGUE became a director. NBB
- OFELIA BV became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,548 profit in 2022 to € 61,948 profit in 2025.
Paid € 68,270 in corporate taxes since 2022.
Best year ever: 2024, with € 62,866 profit.
Management
The stake of CETRACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bando Travel ServiceThe shares are held by CETRACO (50%). It owns 4.2% of HERFURTH TRAVEL itself.
Directors
According to the 2025 annual accounts
V. MALDAGUE
Director
Also active at: BEST & OSTERRIETH, Macotruck, HERFURTH INVESTMENT, GANDATRADE, HERFURTH & CO, HERFURTH LOGISTICS, HERFURTH SHIPBROKERS, HERFURTH TRAVEL +1 more
since 2024 · until 2030
Managing director · represented by Veerle Denaux
since 2024 · until 2030
Shareholders
50%
Participations
4.2%
Establishments
Establishment units
Physical locations of this company
Vilvoordelaan 192
1930 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
herfurth-group.com
Registered
2001-03-21
Registrar
NameWeb BVBA
Expires
2027-03-21
Website info
Features
Details
- Company number
- 0419.899.637
- VAT number
- BE 0419.899.637
- Registered office
- Vilvoordelaan 192, 1930 Zaventem
- Names & denominations
- Bando Travel Service · Bando
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1979
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- herfurth-group.com
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Reisbureaus
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van reisbureaus