Financials
Financial year 2025
Modern Toerisme from Dilbeek, company number BE0400740454, closed financial year 2025 with a result of € -188,284 after tax. For that financial year Modern Toerisme recorded revenue of € 12.3 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 110,374 to € -188,284. The company made a loss. 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 June 29, 2026.
€ 6.5 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -188,284
▼ still € 110,374 profit in 2024
Profit after tax over the fiscal year.
€ 96
▲ € 83 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.3 million.
People and assets in 2025
115.4
▼ 15.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▼ 10% vs 2024
€ 71,000 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.
€ 9.1 million
▲ € 7.5 million vs 2024
Of which on lease € 8.4 million.
Debts at end 2025
€ 8.3 million
▲ € 6.3 million vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 297,162
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 1.5 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,485,130 | € 13,547,232 | € 14,317,433 | € 12,338,469 | ▼ 14% |
| Profit after taxes | € 138,049 | € 201,429 | € 110,374 | € -188,284 | ▼ € 298,658 |
| Equity | € 6,579,202 | € 6,620,631 | € 6,731,005 | € 6,542,721 | ▼ 3% |
| Total debts | € 3,085,177 | € 3,009,416 | € 3,908,460 | € 10,359,845 | ▲ 165% |
| Cash | € 2,099 | € 183 | € 13 | € 96 | ▲ € 83 |
| Land & buildings | € 5,051 | € 3,897 | € 2,743 | € 1,590 | ▼ 42% |
| Retained profit | € 6,329,202 | € 6,370,631 | € 6,481,005 | € 6,292,721 | ▼ 3% |
| Dividend | € 65,000 | € 160,000 | € 0 | € 0 | |
| Bank debt | € 1,358,958 | € 1,033,841 | € 2,062,778 | € 8,337,571 | ▲ € 6.3 million |
| Balance sheet total | € 9,664,379 | € 9,630,048 | € 10,639,465 | € 16,902,566 | ▲ 59% |
| Employees (FTE) | 134.5 | 123.9 | 130.7 | 115.4 | ▼ 15.3 |
Key figures of Modern Toerisme, 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 Modern Toerisme?
What happened at Modern Toerisme in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maarten VOETELINK stepped down as director. NBB
- PHILIPPE DOCX stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 188,284 (▼ € 298,658 vs 2024). Source: NBB ↗
- GCV DIVO Management stepped down as director. NBB
- New establishment in Brussel. KBO
- New establishment in Visé. KBO
- Maarten VOETELINK became a director. NBB
- Cread BV stepped down as director. NBB
In short
From € 138,049 profit in 2022 to € 188,284 loss in 2025.
Paid € 235,190 in corporate taxes since 2022.
Best year ever: 2023, with € 201,429 profit.
Paid out € 225,000 in dividends to the owners in total.
Management
The shares are held by Keolis Vlaanderen (100%).
Directors
According to the 2025 annual accounts
Maarten VOETELINK
Director
Also active at: AUTOBUS DONY, HEYERICK, Autobussen De Reys, Van Rompaye, RENIERS & C°, GINO - TOURS, EUROBUSSING WALLONIE, CINTRA - LANDEN +6 more
since 2025 · until 2028
since 2020 · until 2026
PHILIPPE DOCX
Director
Also active at: HEYERICK, Garage du Perron, T.C.M. Cars, Keolis Travel, Autobussen De Reys, Compagnie des Autobus liégeois, Van Rompaye, RENIERS & C° +10 more
since 2024 · until 2027
Director · represented by Dirk Hellemans
Also active at: AUTOBUS DONY, HEYERICK, Autobussen De Reys, Van Rompaye, RENIERS & C°, GINO - TOURS, CINTRA - LANDEN, DE TURCK +4 more
since 2024 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alfons Gossetlaan 15
1702 Dilbeek
Kruineikestraat(TIL) 105
3150 Haacht
Active since 1 July 2006
De Béjarlaan 5
1120 Brussel
Active since 1 October 2025
Avenue de Navagne(VIS) 62
4600 Visé
Active since 1 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0400.740.454
- VAT number
- BE 0400.740.454
- Registered office
- Alfons Gossetlaan 15, 1702 Dilbeek
- Names & denominations
- Modern Toerisme
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1966
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Personenvervoer over de weg volgens dienstregeling
Overig personenvervoer volgens een dienstregeling
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)