Financials
Financial year 2025
ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS from Elsene, company number BE0453040478, closed financial year 2025 with a result of € 394,899 after tax. For that financial year ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS recorded a gross margin of € 1.5 million and equity of € 316,531. Compared with financial year 2024, the result moved from € 254,485 to € 394,899. Profitable, and profit is growing. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 316,531
▼ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 394,899
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 218,790
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
20
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 17% vs 2024
€ 59,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,021
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,172
▼ 50% vs 2024
Loans from banks and other lenders, long and short.
€ 2 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 202,928
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,939,340 | € 6,930,906 | - | - | |
| Gross margin | - | - | € 1,734,454 | € 1,483,227 | ▼ 14% |
| Profit after taxes | € 30,006 | € 206,243 | € 254,485 | € 394,899 | ▲ 55% |
| Equity | € 660,905 | € 867,147 | € 1,121,632 | € 316,531 | ▼ 72% |
| Total debts | € 3,554,792 | € 2,577,929 | € 3,326,398 | € 3,793,795 | ▲ 14% |
| Cash | € 274,860 | € 180,957 | € 238,730 | € 218,790 | ▼ 8% |
| Retained profit | € 598,905 | € 805,147 | € 1,059,632 | € 254,531 | ▼ 76% |
| Dividend | € 0 | € 0 | € 0 | € 1,200,000 | |
| Bank debt | € 277,052 | € 214,783 | € 143,267 | € 71,172 | ▼ 50% |
| Balance sheet total | € 4,215,696 | € 3,445,076 | € 4,448,030 | € 4,110,327 | ▼ 8% |
| Employees (FTE) | 21.2 | 17.2 | 21.6 | 20 | ▼ 1.6 |
Key figures of ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, 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 ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS?
What happened at ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAJA GROUP stepped down as director. NBB
- MAJA SA stepped down as director. NBB
- BSCOVERY SA stepped down as director. NBB
- Travel Services & Management SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 394,899 (▲ 55% vs 2024). Source: NBB ↗
- AXEMEDIA SA stepped down as director. NBB
- MAJA GROUP became a director. NBB
- MAJA SA became a director. NBB
In short
From € 30,006 profit in 2022 to € 394,899 profit in 2025.
Paid € 37,447 in corporate taxes since 2022.
Best year ever: 2025, with € 394,899 profit.
On average € 74,200 of value added per employee in 2025.
A new publication or filing at ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BSCOVERY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERSThe shares are held by BSCOVERY (100%).
Directors
According to the 2025 annual accounts
Director · represented by Patrice LE Hodey
Also active at: B en M, FUN RADIO BELGIQUE, WantoTravel, BSCOVERY, IPM RADIO, LES NEWS 24, SAGEVAS
since 2024 · until 2026
Director · represented by François Le Hodey
Also active at: MICRO - FM, FM DEVELOPPEMENT, WantoTravel, CARACTERE, IPM RADIO, LES NEWS 24, Capital-X
since 2026 · until 2030
Director · represented by Patrice Le Hodey
Also active at: B en M, WantoTravel, EUROPEAN TELEMATICS, BSCOVERY, IPM RADIO, LES NEWS 24, SAGEVAS
since 2026 · until 2030
Director · represented by Philippe Le Hodey
Also active at: ATLAS REIZEN, WORLD OF TRAVEL, CARACTERE, Capital-X
since 2024 · until 2030
Travel Services & Management SRL
Managing director · represented by Hervé Ollagnier
Also active at: WantoTravel, WORLD OF TRAVEL
since 2024 · until 2030
Director · represented by François Le Hodey
Also active at: B en M, MICRO - FM, FUN RADIO BELGIQUE, FM DEVELOPPEMENT, WantoTravel, BSCOVERY, IPM RADIO, YAGO +3 more
since 2024 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
César Franckstraat 44
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.040.478
- VAT number
- BE 0453.040.478
- Registered office
- César Franckstraat 44, 1050 Elsene
- Names & denominations
- ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS · A.D.G.V.-V.V.G.R.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1994
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus
Overige zakelijke dienstverlening, n.e.g.
Overige zakelijke dienstverlening, neg