Bankrupt · Opening faillissement (CBE)

KINGS TRAVEL

BE0872133730

Rechtspersoon Private limited company 1 establishment

KINGS TRAVEL is a travel agency in Dendermonde. Private Limited, started on 25 February 2005, 1 establishment.

Oude Vest (DEN) 4, 9200 Dendermonde

Start date

25 February 2005

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 62 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

KINGS TRAVEL from Dendermonde, company number BE0872133730, closed financial year 2023 with a result of € -303 after tax. For that financial year KINGS TRAVEL recorded a gross margin of € 64,669 and equity of € 2,937. Compared with financial year 2022, the result moved from € -3,764 to € -303. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 23, 2024.

What it is worth Healthy

€ 2,937

▼ 9% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -303

▲ 92 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 40,976

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -15,663.

People and assets in 2023

Full-time equivalents

0.6

▼ 1.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 25,766

▼ 67% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 14,964

▲ € 13,756 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 283,083

▼ 13% vs 2022

€ 95,766 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 3,511

▼ 94% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 4,930

▲ 3% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 110,553 € 109,300 € 64,669 ▼ 41%
Profit after taxes € 28,881 € -3,764 € -303 ▲ € 3,461
Equity € 7,003 € 3,239 € 2,937 ▼ 9%
Total debts € 979,012 € 748,577 € 633,138 ▼ 15%
Cash € 118,131 - € 40,976
Land & buildings € 272,555 € 254,362 € 236,168 ▼ 7%
Retained profit € -11,597 € -15,361 € -15,663 ▼ € 303
Bank debt € 175,294 € 324,914 € 283,083 ▼ 13%
Balance sheet total € 986,015 € 751,817 € 636,075 ▼ 15%
Employees (FTE) 1.5 1.8 0.6 ▼ 1.2

Key figures of KINGS TRAVEL, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.

What happened to KINGS TRAVEL?

What happened at KINGS TRAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

KINGS TRAVEL is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 303. filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Dendermonde. KBO

In short

From € 28,881 profit in 2021 to € 303 loss in 2023.

Paid € 2,050 in corporate taxes since 2021.

Best year ever: 2021, with € 28,881 profit.

On average € 60,700 of value added per employee in 2022.

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Vest (DEN) 4

9200 Dendermonde

2.145.690.973

Brusselsestraat (DEN) 22

9200 Dendermonde

Active since 24 February 2005

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0872.133.730
VAT number
BE 0872.133.730
Registered office
Oude Vest (DEN) 4, 9200 Dendermonde
Names & denominations
KINGS TRAVEL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 February 2005
Peppol
Active · Active since 16 Jun 2026
Activities · NACE

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Frequently asked questions

What does KINGS TRAVEL do?
KINGS TRAVEL is a travel agency in Dendermonde. Private Limited, started on 25 February 2005, 1 establishment.
What is the address of KINGS TRAVEL?
The registered office of KINGS TRAVEL is located at Oude Vest (DEN) 4, 9200 Dendermonde.
Is KINGS TRAVEL still active?
No. The CBE lists KINGS TRAVEL with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is KINGS TRAVEL registered on Peppol?
Yes, KINGS TRAVEL is registered on the Peppol network with ID 0208:0872133730.
What is the enterprise number of KINGS TRAVEL?
The enterprise number of KINGS TRAVEL is BE0872133730.
When was KINGS TRAVEL founded?
KINGS TRAVEL was founded on 25 February 2005.