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 30.8 to 27.5.
Financials
Financial year 2025
TUNNEL LIEFKENSHOEK from Beveren-Kruibeke-Zwijndrecht, company number BE0431234779, closed financial year 2025 with a result of € 6.8 million after tax. For that financial year TUNNEL LIEFKENSHOEK recorded revenue of € 81.4 million and equity of € 180.5 million. Compared with financial year 2024, the result moved from € 7.1 million to € 6.8 million. The company is profitable. 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 April 29, 2026.
€ 180.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.8 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 11.4 million
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.8 million paid out
100 % of the profit went to the shareholders, mostly to Beheersmaatschappij Antwerpen Mobiel (100 % of the shares). That is where the money ends up.
People and assets in 2025
27.5
▼ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▼ 7% vs 2024
€ 106,200 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.
€ 297,356
▼ 17% 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.
€ 2.2 million
▲ € 1.9 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 4 million
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 74,336,337 | € 83,502,382 | € 82,712,543 | € 81,438,617 | ▼ 2% |
| Profit after taxes | € 6,070,050 | € 6,890,161 | € 7,111,932 | € 6,837,438 | ▼ 4% |
| Equity | € 180,503,175 | € 180,503,175 | € 180,503,175 | € 180,503,175 | |
| Total debts | € 57,822,143 | € 43,281,974 | € 25,304,486 | € 20,266,131 | ▼ 20% |
| Cash | € 22,172,746 | € 4,383,648 | € 4,882,156 | € 11,437,076 | ▲ 134% |
| Land & buildings | € 6,331,343 | € 7,000,701 | € 7,599,091 | € 10,116,186 | ▲ 33% |
| Retained profit | € 151,643,175 | € 151,643,175 | € 151,643,175 | € 151,643,175 | |
| Dividend | € 6,070,050 | € 6,890,161 | € 7,111,932 | € 6,837,438 | ▼ 4% |
| Bank debt | € 40,244,908 | € 24,146,940 | € 8,048,972 | € 0 | ▼ 100% |
| Balance sheet total | € 238,325,318 | € 223,785,149 | € 205,807,662 | € 200,769,307 | ▼ 2% |
| Employees (FTE) | 32.2 | 30.8 | 30.5 | 27.5 | ▼ 3 |
Key figures of TUNNEL LIEFKENSHOEK, 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 TUNNEL LIEFKENSHOEK?
What happened at TUNNEL LIEFKENSHOEK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.8 million (▼ 4% vs 2024). Source: NBB ↗
- WIVINA DE MEYER stepped down as director. NBB
- KOEN KENNIS stepped down as director. NBB
- DAVID VAN HERREWEGHE stepped down as director. NBB
- MARC DESCHEEMAECKER stepped down as director. NBB
- WIVINA DE MEYER became a director. NBB
- MARC DESCHEEMAECKER became a director. NBB
- KOEN KENNIS became a director. NBB
In short
From € 6.1 million profit in 2022 to € 6.8 million profit in 2025.
Paid € 8.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 7.1 million profit.
Paid out € 26.9 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Beheersmaatschappij Antwerpen Mobiel (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2026
MARC DESCHEEMAECKER
Director
Also active at: Gimv, Vlaamse Vervoermaatschappij - De Lijn, VLAAMSE PARTICIPATIEMAATSCHAPPIJ, Beheersmaatschappij Antwerpen Mobiel, LijnCom, AUTONOOM GEMEENTEBEDRIJF MIDDELKERKE
since 2025 · until 2025
KOEN KENNIS
Director
Also active at: FLUVIUS Antwerpen, Maatschappij voor het haven-, grond- en industrialisatiebeleid van het Linkerscheldeoevergebied, Vlaamse Vervoermaatschappij - De Lijn, Participatiemaatschappij Vlaanderen, PUBLI-T, Fluvius System Operator, Beheersmaatschappij Antwerpen Mobiel
since 2025 · until 2026
since 2025 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Annalaan(KAL) 1
9130 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.234.779
- VAT number
- BE 0431.234.779
- Registered office
- Sint-Annalaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- TUNNEL LIEFKENSHOEK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 1987
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Overige ondersteunende activiteiten i.v.m. het vervoer te land
Diensten in verband met vervoer te land
Openbaar bestuur op het gebied van het bedrijfsleven; stimuleren van het bedrijfsleven
Activiteiten van openbare instellingen m.b.t. economische aangelegenheden