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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TL TRAVEL from Antwerpen, company number BE0525695953, closed financial year 2025 with a result of € 11.7 million after tax. For that financial year TL TRAVEL recorded revenue of € 65.6 million and equity of € 25.2 million. Compared with financial year 2024, the result moved from € 9.5 million to € 11.7 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 25.2 million
▲ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.7 million
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 44.6 million
▲ € 42 million 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 € 25.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.9 million
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 1.4 million
▲ € 1.3 million vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 48,457,973 | € 59,040,494 | € 65,639,169 | ▲ 11% |
| Gross margin | € 10,671,037 | - | - | - | |
| Profit after taxes | € 8,389,136 | € 7,983,524 | € 9,453,722 | € 11,731,880 | ▲ 24% |
| Equity | € 2,018,686 | € 4,002,211 | € 13,455,933 | € 25,187,813 | ▲ 87% |
| Total debts | € 9,320,739 | € 31,053,189 | € 5,208,096 | € 50,745,394 | ▲ € 45.5 million |
| Cash | € 2,045,637 | € 68,320 | € 2,635,564 | € 44,600,845 | ▲ € 42 million |
| Retained profit | € 2,017,686 | € 4,001,211 | € 13,454,933 | € 25,186,813 | ▲ 87% |
| Dividend | € 7,400,000 | € 6,000,000 | € 0 | € 0 | |
| Balance sheet total | € 11,339,425 | € 35,055,399 | € 18,664,029 | € 75,933,207 | ▲ € 57.3 million |
Key figures of TL 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 TL TRAVEL?
What happened at TL 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 € 11.7 million (▲ 24% vs 2024). Source: NBB ↗
- WELSIES BV became a director. NBB
- REPNA BV became a director. NBB
- FVO MANAGEMENT BV became a director. NBB
- LIFE TREE CommV became a director. NBB
- VILDIS CommV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 8.4 million profit in 2022 to € 11.7 million profit in 2025.
Paid € 12.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 11.7 million profit.
Paid out € 13.4 million in dividends to the owners in total.
Management
The stake of M&M Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TL TRAVELBehind TL TRAVEL are WELSIES BV, LIFE TREE CommV, REPNA BV, FVO MANAGEMENT BV and VILDIS CommV. The shares are held by M&M Management (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bruno Vanwelsenaers
Also active at: PARADISE CITY, BLOEMEN MAMPAEY, MNKY BZZ, LEMON, WEAREONE.world International, TL IP, TL INTERNATIONAL, PRQ +12 more
since 2024
Director · represented by Manu Beers
Also active at: MNKY BZZ, LEMON, WEAREONE.world International, TL IP, TL INTERNATIONAL, PRQ, TL WINTER, LoT +5 more
since 2021
Director · represented by Pieter Wagemans
Also active at: BLOEMEN MAMPAEY, MNKY BZZ, LEMON, WEAREONE.world International, TL IP, PRQ, TL WINTER, IMMO BOSKAPEL +4 more
since 2024
Director · represented by Flip Van Oyen
Also active at: BLOEMEN MAMPAEY, MNKY BZZ, LEMON, WEAREONE.world International, TL IP, PRQ, TL WINTER, IMMO BOSKAPEL +4 more
since 2024
Director · represented by Michiel Beers
Also active at: PARADISE CITY, BLOEMEN MAMPAEY, MNKY BZZ, LEMON, WEAREONE.world International, TL IP, TL INTERNATIONAL, PRQ +15 more
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kattendijkdok-Westkaai 12.001
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →BLOEMEN MAMPAEY same network
€ 9,302 gross margin · 2025
RECIPE
MNKY BZZ same network
€ 1.2 million gross margin · 2025
LEMON same network
€ 2.7 million gross margin · 2025
TL IP same network
€ 81,936 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.695.953
- VAT number
- BE 0525.695.953
- Registered office
- Kattendijkdok-Westkaai 12.001, 2000 Antwerpen
- Names & denominations
- TL TRAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 3 April 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Overige recreatie- en ontspanningsactiviteiten, neg
Overige zakelijke dienstverlening, neg