Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 140.8 to 65.8.
Financials
Financial year 2025
Autobussen P. Van Mullem from Tienen, company number BE0400984439, closed financial year 2025 with a result of € -396,137 after tax. For that financial year Autobussen P. Van Mullem recorded revenue of € 12.3 million and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 583,764 to € -396,137. 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 July 17, 2026.
€ 10.9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -396,137
▼ still € 583,764 profit in 2024
Profit after tax over the fiscal year.
€ 286,998
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3 million.
People and assets in 2025
65.8
▼ 69.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▼ 50% vs 2024
€ 69,200 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.
€ 622,118
▼ 40% vs 2024
Of which on lease € 153,555.
Debts at end 2025
€ 643,474
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 286,799
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
€ 14,796
▼ 99% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,044,127 | € 16,931,161 | € 17,257,746 | € 12,306,101 | ▼ 29% |
| Profit after taxes | € -1,021,945 | € 140,974 | € 583,764 | € -396,137 | ▼ € 979,900 |
| Equity | € 10,614,023 | € 10,754,997 | € 11,338,760 | € 10,942,624 | ▼ 3% |
| Total debts | € 5,477,523 | € 6,520,418 | € 6,302,590 | € 1,517,570 | ▼ 76% |
| Cash | € 821,726 | € 830,589 | € 1,424,448 | € 286,998 | ▼ 80% |
| Land & buildings | € 1,963,706 | € 2,046,978 | € 2,180,232 | € 2,070,080 | ▼ 5% |
| Retained profit | € 2,695,023 | € 2,835,997 | € 3,419,760 | € 3,023,624 | ▼ 12% |
| Bank debt | € 3,161,277 | € 3,970,259 | € 2,966,560 | € 643,474 | ▼ 78% |
| Balance sheet total | € 16,091,545 | € 17,275,415 | € 17,641,351 | € 12,460,193 | ▼ 29% |
| Employees (FTE) | 138.6 | 140.8 | 134.9 | 65.8 | ▼ 69.1 |
Key figures of Autobussen P. Van Mullem, 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 Autobussen P. Van Mullem?
What happened at Autobussen P. Van Mullem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 396,137 (▼ € 979,900 vs 2024). Source: NBB ↗
- New establishment in Tienen. KBO
- New establishment in Zoutleeuw. KBO
- New establishment in Leuven. KBO
- Timucol BV became a director. NBB
- GROEP S.P.V. BV became a director. NBB
- New establishment in Boutersem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million loss in 2022 to € 396,137 loss in 2025.
Paid € 7,489 in corporate taxes since 2022.
Best year ever: 2024, with € 583,764 profit.
Pays suppliers within 13 days on average.
Management
The stake of TIMUCOL, VAN MULLEM en Zonen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Autobussen P. Van MullemBehind Autobussen P. Van Mullem are Timucol BV and GROEP S.P.V. BV. The shares are held by TIMUCOL (26.6%) and VAN MULLEM en Zonen (21.3%). It owns 100% of Hendriks, 100% of Bergkoning, 100% of Atlas Cars, 100% of Van Mullem & Zonen and 99.8% of De Vlinder itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Olivier Van Mullem
Also active at: VAN MULLEM en Zonen, DE VLINDER, Autocars Bergkoning, DEMERSTEE, HENDRIKS
since 2020
Managing director · represented by Johannes Van Pee
Also active at: VAN MULLEM en Zonen, DE VLINDER, DEMERSTEE, HENDRIKS
since 2020
Shareholders
26.6%
21.3%
Participations
Establishments
Establishment units
Physical locations of this company
Industriepark 18
3300 Tienen
Leuvensesteenweg 261
3370 Boutersem
Active since 1 April 1966
Linterseweg 43
3440 Zoutleeuw
Active since 15 April 2021
Remylaan 5
3018 Leuven
Active since 15 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0400.984.439
- VAT number
- BE 0400.984.439
- Registered office
- Industriepark 18, 3300 Tienen
- Names & denominations
- Autobussen P. Van Mullem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 1966
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Personenvervoer over de weg zonder dienstregeling
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)