Financials
Financial year 2025
SOUTHWEST TRAVEL from Roeselare, company number BE0874556651, closed financial year 2025 with a result of € 268,448 after tax. For that financial year SOUTHWEST TRAVEL recorded a gross margin of € 1.9 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 209,570 to € 268,448. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 1.5 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 268,448
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 709,536
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 340,178 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
19
▲ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 15% vs 2024
€ 54,300 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.
€ 155,268
▲ 169% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 400,000
▼ 6% vs 2024
€ 25,000 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 1.1 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 196,463
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,506,632 | € 1,627,392 | € 1,553,765 | € 1,852,581 | ▲ 19% |
| Profit after taxes | € 316,973 | € 290,338 | € 209,570 | € 268,448 | ▲ 28% |
| Equity | € 1,539,288 | € 1,642,417 | € 1,613,360 | € 1,541,630 | ▼ 4% |
| Total debts | € 2,951,520 | € 3,009,610 | € 2,576,638 | € 2,684,046 | ▲ 4% |
| Cash | € 1,931,554 | € 1,758,182 | € 1,141,186 | € 709,536 | ▼ 38% |
| Land & buildings | € 1,038,462 | € 1,192,649 | € 1,113,322 | € 1,012,118 | ▼ 9% |
| Retained profit | € 1,499,288 | € 1,602,417 | € 1,573,360 | € 1,501,630 | ▼ 5% |
| Dividend | € 258,812 | € 187,209 | € 238,628 | € 340,178 | ▲ 43% |
| Bank debt | € 583,350 | € 450,000 | € 425,000 | € 400,000 | ▼ 6% |
| Balance sheet total | € 4,490,807 | € 4,652,027 | € 4,189,999 | € 4,225,676 | ▲ 1% |
| Employees (FTE) | 14.1 | 15.4 | 16.5 | 19 | ▲ 2.5 |
By gross margin, SOUTHWEST TRAVEL ranks 1st of 5 companies with main activity “Reisbureaus” in Roeselare that publish figures (fiscal year 2025).
Key figures of SOUTHWEST 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.
Ask about SOUTHWEST TRAVEL the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to SOUTHWEST TRAVEL?
What happened at SOUTHWEST 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 € 268,448 (▲ 28% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- New establishment in Grimbergen. KBO
- New establishment in Merelbeke-Melle. KBO
- Capital increase of € 417,000, published in the Gazette. Source: Staatsblad ↗
- New establishment in Roeselare. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Yves Neirynck became a director. NBB
In short
From € 316,973 profit in 2022 to € 268,448 profit in 2025.
Paid € 563,389 in corporate taxes since 2022.
Best year ever: 2022, with € 316,973 profit.
On average € 97,500 of value added per employee in 2025.
Management
Behind SOUTHWEST TRAVEL is Yves Neirynck.
Directors
According to the 2025 annual accounts
Yves Neirynck
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Diksmuidsesteenweg 349B
8800 Roeselare
Diksmuidsesteenweg 349 box B
8800 Roeselare
Active since 7 July 2005
Hundelgemsesteenweg 176 box 1
9820 Merelbeke-Melle
Active since 1 September 2019
Stationsstraat 102 box A
8790 Waregem
Active since 30 October 2025
Temselaan 100 box A
1853 Grimbergen
Active since 30 October 2025
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.
Similar companies in Roeselare
Same main activity (Reisbureaus), 5 active companies in Roeselare, largest first.
€ 14.9 million revenue · 2025
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- NEIRYNCK Yves-Stephan-Richard(oprichter-vennoot) 99%
- FEYS Karlien-Alice-Cornelia(oprichter-vennoot) 1%
Details
- Company number
- 0874.556.651
- VAT number
- BE 0874.556.651
- Registered office
- Diksmuidsesteenweg 349B, 8800 Roeselare
- Names & denominations
- SOUTHWEST TRAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2005
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Reisbureaus
Activiteiten van reisbureaus