ACTIVE

CRUISE PLUS

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Financial year 2025 · closed on 31/12/2025

Net result

107,5 k €

-53.3% YoY

Gross margin

716,7 k €

+8.3% YoY

Equity

433,9 k €

+3.0% YoY

Workforce

8,0 ETP

+63.3% YoY

What does CRUISE PLUS do?

CRUISE PLUS is a Private limited company incorporated in 2005. Its main activity is: Travel agency activities. Its registered office is in Sint-Niklaas. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.931.666

Incorporation

26/10/2005

Legal form

Private limited company

Registered office

Grote Markt 72 box 1
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

65 140,38 €

Latest accounts

31/12/2025

Average workforce

8,0 ETP

Activities (NACE)

79110Travel agency activities· main 79110Travel agency activities 66220Activities of insurance agents and brokers 66220Activities of insurance agents and brokers 79120Tour operator activities 79120Tour operator activities

Joint committees (5)

100
1000
14001
200
2000

Contacts

3 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2007
Income statement
Gross margin	716,7 k €	+8.3%	661,5 k €	+13.2%	584,4 k €	+16.5%	501,9 k €	+201%	167 k €	+1289%	12 k €	-6.7%	12,9 k €	+181%	4,6 k €	+30.4%	3,5 k €	-89.4%	33,1 k €	-45.2%	60,5 k €	+82.8%	33,1 k €	-26.4%	45 k €	+1031%	-4,8 k €	-103%	165 k €	+93.1%	85,5 k €
EBITDA	139,3 k €	-55.9%	316,2 k €	+27.5%	247,9 k €	-8.2%	270,2 k €	+413%	52,7 k €	+373%	11,1 k €	-9.5%	12,3 k €	+207%	4 k €	+36.2%	2,9 k €	-91.0%	32,6 k €	-45.6%	59,9 k €	+84.1%	32,6 k €	-26.8%	44,5 k €	+389%	-15,4 k €	+49.3%	-30,4 k €	-71.1%	-17,8 k €
Operating result	130,2 k €	-57.9%	309,3 k €	+26.3%	244,8 k €	-8.9%	268,7 k €	+424%	51,2 k €	+360%	11,1 k €	-9.5%	12,3 k €	+207%	4 k €	+36.2%	2,9 k €	-91.0%	32,6 k €	-45.6%	59,9 k €	+84.1%	32,6 k €	-26.5%	44,3 k €	+378%	-15,9 k €	+49.3%	-31,4 k €	+8.1%	-34,2 k €
Net result	107,5 k €	-53.3%	230,3 k €	+40.7%	163,7 k €	-23.5%	214 k €	+292%	54,7 k €	+492%	9,2 k €	+5.2%	8,8 k €	+179%	3,1 k €	+34.2%	2,3 k €	-89.1%	21,5 k €	-63.1%	58,4 k €	+89.7%	30,8 k €	-30.5%	44,2 k €	+363%	-16,8 k €	+76.7%	-72 k €	-82.3%	-39,5 k €
Balance sheet
Equity	433,9 k €	+3.0%	421,4 k €	-8.5%	460,4 k €	+55.2%	296,7 k €	+108%	142,7 k €	+60.7%	88,8 k €	+11.6%	79,5 k €	+12.4%	70,8 k €	+52.5%	46,4 k €	+5.3%	44 k €	+95.7%	22,5 k €	+163%	-35,9 k €	+46.2%	-66,6 k €	+39.9%	-110,9 k €	-17.9%	-94,1 k €	-326%	-22,1 k €
Total assets	1,8 M €	+7.5%	1,7 M €	+0.8%	1,7 M €	+7.8%	1,5 M €	+1.0%	1,5 M €	+1506%	94,9 k €	+9.6%	86,6 k €	-7.0%	93,1 k €	+71.8%	54,2 k €	-10.2%	60,3 k €	+9.6%	55,1 k €	+66.2%	33,1 k €	-33.3%	49,7 k €	+2193%	2,2 k €	-54.2%	4,7 k €	-94.0%	78,3 k €
Cash	379,2 k €	+70.9%	221,9 k €	+237%	65,8 k €	-57.1%	153,2 k €	-12.8%	175,7 k €	+1923%	8,7 k €	-73.0%	32,2 k €	-48.6%	62,6 k €	+44.9%	43,2 k €	-12.0%	49,1 k €	+11.8%	43,9 k €	+77.8%	24,7 k €	-43.7%	43,9 k €		–		3,2 k €	+78.5%	1,8 k €
Debts	1,2 M €	+25.2%	925,8 k €	-13.5%	1,1 M €	-13.4%	1,2 M €	-10.5%	1,4 M €	+22436%	6,1 k €	-13.1%	7,1 k €	-68.4%	22,3 k €	+186%	7,8 k €	-52.2%	16,3 k €	-50.0%	32,6 k €	-52.8%	69 k €	-40.2%	115,4 k €	+2.1%	113 k €	+14.4%	98,8 k €	-1.5%	100,3 k €
Other
Workforce	8,0 ETP	+63.3%	4,9 ETP	-7.5%	5,3 ETP	+8.2%	4,9 ETP	-22.2%	6,3 ETP		–		–		–		–		–		–		–		–		–		2,9 ETP	-21.6%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

DC CONSULT VD

Director · since 29 juin 2020 · 0451.720.783

Represented by Van Duijse Johannes

Active

Ended mandates

DC CONSULT VD

Director · since 04 septembre 2020 · 0451.720.783

Represented by Johannes DIEDERIK VAN DUIJSE

Ended

DC CONSULT VD

Director · since 29 juin 2020 · 0451.720.783

Represented by Van DUIJSE JOHANNES

Ended

Anne Van Craenenbroeck

Manager · since 03 août 2010 · until 30 juin 2017

Ended

Anne Van Craenenbroeck

Manager · since 03 août 2010

Ended

At this address

Other companies at this address

Company	CBE no.
Reizen De Cauwer● Active	0421.942.575

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/11/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	14 months
Filing date	15/07/2026	30/07/2025	19/09/2024	08/09/2023	14/07/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	29/08/2024	30/08/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	15/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/08/2024	19/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/08/2023	08/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/10/2019	16/03/2020	27/07/2020	Dutch	PDF
Abridged model	31/10/2018	18/03/2019	24/04/2019	Dutch	PDF
Abridged model	31/10/2017	30/04/2018	05/06/2018	Dutch	PDF
Abridged model	31/10/2016	20/03/2017	09/05/2017	Dutch	PDF
Abridged model	31/10/2015	30/04/2016	15/06/2016	Dutch	PDF
Abridged model	31/10/2014	30/04/2015	28/05/2015	Dutch	PDF
Abridged model	31/10/2013	28/04/2014	23/05/2014	Dutch	PDF
Abridged model	31/10/2012	29/04/2013	30/05/2013	Dutch	PDF
Abridged model	31/10/2011	26/04/2012	21/05/2012	Dutch	PDF
Abridged model	31/10/2010	28/03/2011	31/03/2011	Dutch	PDF
Abridged model	31/10/2009	30/04/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	16/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

DC CONSULT VD

Director · since 29 juin 2020 · 0451.720.783

Represented by Van Duijse Johannes

Active

Ended mandates

DC CONSULT VD

Director · since 04 septembre 2020 · 0451.720.783

Represented by Johannes DIEDERIK VAN DUIJSE

Ended

DC CONSULT VD

Director · since 29 juin 2020 · 0451.720.783

Represented by Van DUIJSE JOHANNES

Ended

Anne Van Craenenbroeck

Manager · since 03 août 2010 · until 30 juin 2017

Ended

Anne Van Craenenbroeck

Manager · since 03 août 2010

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring28/09/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/07/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office18/06/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/04/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/06/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/08/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Other05/01/2009
BOEKJAAR
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025107,5 k €↓
2024
Annual accounts 2024230,3 k €↑
2023
Annual accounts 2023163,7 k €↓
2022
Annual accounts 2022214 k €↑
2021
Annual accounts 202154,7 k €↑
2019
Annual accounts 20199,2 k €↑
2018
Annual accounts 20188,8 k €↑
2017
Annual accounts 20173,1 k €↑
2015
Annual accounts 20152,3 k €↓
2014
Annual accounts 201421,5 k €↓
2013
Annual accounts 201358,4 k €↑
2012
Annual accounts 201230,8 k €↓
2011
Annual accounts 201144,2 k €↑
2010
Annual accounts 2010-16,8 k €↑
2009
Annual accounts 2009-72 k €↓
2007
Annual accounts 2007-39,5 k €
26/10/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CRUISE PLUS

Overview

What does CRUISE PLUS do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline