Active · per the CBE, 16 September 2026

DE MORGENSTOND

BE0405593622

Rechtspersoon Public limited company 1 establishment

DE MORGENSTOND is a bus operator in Tongeren-Borgloon. Public Limited, started on 2 January 1964, 1 establishment.

Eerste-Meistraat 14A, 3700 Tongeren-Borgloon

Active for

62 year, 8 months

Financials

Financial year 2025

DE MORGENSTOND from Tongeren-Borgloon, company number BE0405593622, closed financial year 2025 with a result of € 236,036 after tax. For that financial year DE MORGENSTOND recorded a gross margin of € 4.5 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 211,630 to € 236,036. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Growing

€ 3.3 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 236,036

▲ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▲ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3 million.

People and assets in 2025

Full-time equivalents

54.7

▲ 5.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 3.3 million

▲ 13% vs 2024

€ 60,000 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.

Vehicles and equipment

€ 2 million

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1 million

▼ 30% vs 2024

€ 324,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 665,745

▲ 275% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 403,376

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 2,853,695 € 3,540,206 € 4,181,852 € 4,497,278 ▲ 8%
Profit after taxes € -125,565 € 91,366 € 211,630 € 236,036 ▲ 12%
Equity € 2,741,831 € 2,838,985 € 3,055,768 € 3,291,804 ▲ 8%
Total debts € 947,617 € 979,866 € 2,108,882 € 2,197,755 ▲ 4%
Cash € 317,432 € 539,279 € 1,067,123 € 1,271,608 ▲ 19%
Land & buildings € 287,734 € 440,263 € 481,155 € 493,956 ▲ 3%
Retained profit € 2,444,358 € 2,541,513 € 2,758,296 € 2,994,332 ▲ 9%
Bank debt € 456,000 € 312,000 € 1,493,000 € 1,049,000 ▼ 30%
Balance sheet total € 3,689,448 € 3,818,851 € 5,164,650 € 5,489,560 ▲ 6%
Employees (FTE) 45.9 46.6 48.8 54.7 ▲ 5.9

Key figures of DE MORGENSTOND, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to DE MORGENSTOND?

What happened at DE MORGENSTOND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Jacobus Neyens stepped down as director. NBB
  • Christine Neyens stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 236,036 (▲ 12% vs 2024). Source: NBB ↗
  • Jacobus Neyens became a director. NBB
  • Christine Neyens became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Tongeren-Borgloon. KBO

In short

From € 125,565 loss in 2022 to € 236,036 profit in 2025.

Paid € 199,170 in corporate taxes since 2022.

Best year ever: 2025, with € 236,036 profit.

On average € 82,200 of value added per employee in 2025.

Management

Directors

According to the 2025 annual accounts

Jacobus Neyens

Managing director

Also active at: TEYSSEN, JACKY TOURS, IMMO NEYENS, AUTOCARS NEYENS, DISTIMO

since 2024 · until 2030

Christine Neyens

Director

Also active at: TEYSSEN, AUTOCARS NEYENS

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Eerste-Meistraat 14A

3700 Tongeren-Borgloon

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0405.593.622
VAT number
BE 0405.593.622
Registered office
Eerste-Meistraat 14A, 3700 Tongeren-Borgloon
Names & denominations
DE MORGENSTOND
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
2 January 1964
Peppol
Active · Active since 22 Dec 2025
Activities · NACE

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Frequently asked questions

What does DE MORGENSTOND do?
DE MORGENSTOND is a bus operator in Tongeren-Borgloon. Public Limited, started on 2 January 1964, 1 establishment.
What is the address of DE MORGENSTOND?
The registered office of DE MORGENSTOND is located at Eerste-Meistraat 14A, 3700 Tongeren-Borgloon.
Is DE MORGENSTOND still active?
Yes. According to the CBE (16 September 2026) DE MORGENSTOND is active, legal situation “Normale toestand”, started on 2 January 1964.
Is DE MORGENSTOND registered on Peppol?
Yes, DE MORGENSTOND is registered on the Peppol network with ID 0208:0405593622.
What is the enterprise number of DE MORGENSTOND?
The enterprise number of DE MORGENSTOND is BE0405593622.
When was DE MORGENSTOND founded?
DE MORGENSTOND was founded on 2 January 1964.