Financials
Financial year 2025
WORLD OF TRAVEL from Kortrijk, company number BE0464587834, closed financial year 2025 with a result of € 246,333 after tax. For that financial year WORLD OF TRAVEL recorded a gross margin of € 1.4 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 88,673 to € 246,333. Profitable, and profit is growing. 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 29, 2026.
€ 2.5 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 246,333
▲ 178% vs 2024
Profit after tax over the fiscal year.
€ 623,454
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
13.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 897,869
▲ 9% vs 2024
€ 66,500 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.
€ 11,475
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 386,812
▲ 136% vs 2024
€ 100,588 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 911,949
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 286,468
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,167,459 | € 1,826,612 | € 1,156,265 | € 1,378,718 | ▲ 19% |
| Profit after taxes | € 425,395 | € 749,284 | € 88,673 | € 246,333 | ▲ 178% |
| Equity | € 1,799,684 | € 2,188,968 | € 2,277,641 | € 2,523,974 | ▲ 11% |
| Total debts | € 2,404,078 | € 2,336,306 | € 2,951,087 | € 3,095,354 | ▲ 5% |
| Cash | € 493,169 | € 488,094 | € 430,609 | € 623,454 | ▲ 45% |
| Land & buildings | € 581,786 | € 683,932 | € 625,144 | € 915,749 | ▲ 46% |
| Retained profit | € 1,749,684 | € 2,138,968 | € 2,227,641 | € 2,473,974 | ▲ 11% |
| Dividend | € 280,000 | € 360,000 | € 0 | € 0 | |
| Bank debt | € 287,105 | € 225,709 | € 163,625 | € 386,812 | ▲ 136% |
| Balance sheet total | € 4,243,480 | € 4,564,992 | € 5,268,446 | € 5,659,046 | ▲ 7% |
| Employees (FTE) | 11.1 | 14 | 13.2 | 13.5 | ▲ 0.3 |
Key figures of WORLD OF TRAVEL, 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 WORLD OF TRAVEL?
What happened at WORLD OF TRAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 246,333 (▲ 178% vs 2024). Source: NBB ↗
- Association des grands voyageurs NV became a director. NBB
- La Prose BV stepped down as director. NBB
- BSCOVERY NV became a director. NBB
- Travel Services & Management BV became a director. NBB
- La Prose BV became a director. NBB
- SAN PAOLO BV became a director. NBB
- COYGHEM BV became a director. NBB
In short
From € 425,395 profit in 2022 to € 246,333 profit in 2025.
Paid € 414,678 in corporate taxes since 2022.
Best year ever: 2023, with € 749,284 profit.
On average € 102,100 of value added per employee in 2025.
Management
The stake of SAN PAOLO, COYGHEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WORLD OF TRAVELBehind WORLD OF TRAVEL are SAN PAOLO BV, COYGHEM BV, BSCOVERY NV, Association des grands voyageurs NV and Travel Services & Management BV. The shares are held by SAN PAOLO (45%) and COYGHEM (45%).
Directors
According to the 2025 annual accounts
Director · represented by Hilde De Vos
since 2013
Director · represented by Patrick De Vos
since 2013
Director · represented by François Le Hodey
Also active at: ATLAS REIZEN, ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, CARACTERE, Capital-X
since 2025
Association des grands voyageurs NV
Director · represented by Alexis Le Hodey
Also active at: ATLAS REIZEN, Capital-X
since 2025
Travel Services & Management BV
Administrator-manager · represented by Hervé Ollagnier
Also active at: ASSOCIATION DES GRANDS VOYAGEURS- VERENIGING VOOR GROTE REIZIGERS, WantoTravel
since 2025
Director · represented by Alexis le Hodey
since 2025 · until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijselsestraat(Kor) 40 box 15
8500 Kortrijk
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
- 0464.587.834
- VAT number
- BE 0464.587.834
- Registered office
- Rijselsestraat(Kor) 40 bus 15, 8500 Kortrijk
- Names & denominations
- WORLD OF TRAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus