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 %.
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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.
€ 2,937
▼ 9% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -303
▲ 92 % less loss than in 2022
Profit after tax over the fiscal year.
€ 40,976
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,663.
People and assets in 2023
0.6
▼ 1.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 14,964
▲ € 13,756 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 283,083
▼ 13% vs 2022
€ 95,766 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,511
▼ 94% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 4,930
▲ 3% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 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.
A new publication or filing at KINGS TRAVEL? 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
Establishments
Establishment units
Physical locations of this company
Oude Vest (DEN) 4
9200 Dendermonde
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
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