Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GRUSON AUTOBUS from Ieper, company number BE0405487120, closed financial year 2025 with a result of € -301,895 after tax. For that financial year GRUSON AUTOBUS recorded revenue of € 6.4 million and equity of € 320,892. Compared with financial year 2024, the result moved from € 86,555 to € -301,895. 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 July 2, 2026.
€ 320,892
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -301,895
▼ still € 86,555 profit in 2024
Profit after tax over the fiscal year.
€ 379
▲ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 112,367.
People and assets in 2025
61
▲ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 11% vs 2024
€ 63,800 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.
€ 7.1 million
▲ € 6.2 million vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 226,841
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 760,678
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,604,091 | € 3,428,178 | € 6,094,102 | € 6,379,639 | ▲ 5% |
| Profit after taxes | € 3,888 | € 234,618 | € 86,555 | € -301,895 | ▼ € 388,449 |
| Equity | € 155,589 | € 390,207 | € 476,762 | € 320,892 | ▼ 33% |
| Total debts | € 1,195,900 | € 1,691,353 | € 2,061,743 | € 9,089,286 | ▲ € 7 million |
| Cash | € 24 | € 130 | € 191 | € 379 | ▲ 98% |
| Land & buildings | € 941,719 | € 903,584 | € 879,041 | € 882,808 | |
| Retained profit | € 93,089 | € 327,707 | € 414,262 | € 112,367 | ▼ 73% |
| Bank debt | € 181,510 | € 106,665 | € 30,176 | € 0 | ▼ 100% |
| Balance sheet total | € 1,355,978 | € 2,086,049 | € 2,542,994 | € 9,463,343 | ▲ 272% |
| Employees (FTE) | 23.3 | 23.1 | 54.8 | 61 | ▲ 6.2 |
Key figures of GRUSON AUTOBUS, 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 GRUSON AUTOBUS?
What happened at GRUSON AUTOBUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Inframobility NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 301,895 (▼ € 388,449 vs 2024). Source: NBB ↗
- Inframobility NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ieper. KBO
In short
From € 3,888 profit in 2022 to € 301,895 loss in 2025.
Paid € 138,422 in corporate taxes since 2022.
Best year ever: 2023, with € 234,618 profit.
Pays suppliers within 37 days on average.
Management
The shares are held by Bus De Polder NV (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Joris Larosse
Owns 100% via Bus De Polder NV
Also active at: J. De Reys en Zonen, Heidebloem, Autobusbedrijf Gustaaf Mebis en co, Autobus Latour, Les Autobus Blaise, AUTOBUS F.GOHY ET CIE S.A., A. De Voeght en Cie, De Duinen +16 more
since 2025 · until 2031
Shareholders
Bus De Polder NV · holding of Inframobility NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dikkebusseweg 186
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.487.120
- VAT number
- BE 0405.487.120
- Registered office
- Dikkebusseweg 186, 8900 Ieper
- Names & denominations
- GRUSON AUTOBUS · Hansea Ieper
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1958
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Personenvervoer over de weg volgens dienstregeling
Overig personenvervoer volgens een dienstregeling
Stedelijk en voorstedelijk personenvervoer
Personenvervoer over de weg zonder dienstregeling
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.