Financials
Financial year 2025
DE TURCK from Geraardsbergen, company number BE0440248752, closed financial year 2025 with a result of € 639,617 after tax. For that financial year DE TURCK recorded revenue of € 7.2 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 843,539 to € 639,617. The company is profitable. 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 June 29, 2026.
€ 3.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 639,617
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 706
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 635,000 paid out
99 % of the profit went to the shareholders, mostly to Keolis Vlaanderen NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
65.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 1% vs 2024
€ 53,800 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.
€ 2 million
▼ 6% vs 2024
Of which on lease € 1.9 million.
Debts at end 2025
€ 2.9 million
▲ 2% vs 2024
€ 603,882 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 149,352
▲ 119% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 538,371
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,786,934 | € 7,052,491 | € 7,528,532 | € 7,159,969 | ▼ 5% |
| Profit after taxes | € 126,979 | € 573,490 | € 843,539 | € 639,617 | ▼ 24% |
| Equity | € 2,097,292 | € 2,670,783 | € 3,514,322 | € 3,518,939 | |
| Total debts | € 2,077,007 | € 3,137,092 | € 3,480,653 | € 4,270,976 | ▲ 23% |
| Cash | € 2,279 | € 2,291 | € 1,120 | € 706 | ▼ 37% |
| Retained profit | € 1,998,135 | € 2,571,625 | € 3,415,165 | € 3,419,782 | |
| Dividend | € 0 | € 0 | € 0 | € 635,000 | |
| Bank debt | € 1,509,849 | € 2,336,919 | € 2,878,637 | € 2,938,930 | ▲ 2% |
| Balance sheet total | € 4,174,299 | € 5,807,874 | € 6,994,975 | € 7,789,915 | ▲ 11% |
| Employees (FTE) | 64.1 | 69 | 65.2 | 65.1 | ▼ 0.1 |
Key figures of DE TURCK, 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 DE TURCK?
What happened at DE TURCK 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: profit of € 639,617 (▼ 24% vs 2024). Source: NBB ↗
- HDT4Business BV stepped down as director. NBB
- Hanne Deschacht stepped down as director. NBB
- Maarten Voetelink became a director. NBB
- Cread BV stepped down as director. NBB
- Philippe Docx became a director. NBB
In short
From € 126,979 profit in 2022 to € 639,617 profit in 2025.
Paid € 640,901 in corporate taxes since 2022.
Best year ever: 2024, with € 843,539 profit.
Paid out € 635,000 in dividends to the owners in total.
Management
The shares are held by Keolis Vlaanderen NV (100%) and Eurobus Holding SA (0%).
Directors
According to the 2025 annual accounts
Maarten Voetelink
Director
Also active at: Modern Toerisme, AUTOBUS DONY, HEYERICK, Autobussen De Reys, Van Rompaye, RENIERS & C°, GINO - TOURS, EUROBUSSING WALLONIE +6 more
since 2025 · until 2028
Director · represented by Hans De Turck
since 2023 · until 2026
Philippe Docx
Director
Also active at: Modern Toerisme, HEYERICK, Garage du Perron, T.C.M. Cars, Keolis Travel, Autobussen De Reys, Compagnie des Autobus liégeois, Van Rompaye +10 more
since 2024 · until 2027
Director · represented by Dirk Hellemans
Also active at: Modern Toerisme, AUTOBUS DONY, HEYERICK, Autobussen De Reys, Van Rompaye, RENIERS & C°, GINO - TOURS, CINTRA - LANDEN +4 more
since 2023 · until 2025
Hanne Deschacht
Director
Also active at: HEYERICK, Fédération belge des Exploitants d'Autobus et d'Autocars-Federatie van de Belgische Autobus en autocarondernemers, Vlaamse Raad van Autobus- en Autocarondernemers en van reisorganisatoren
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herenveld(Sch) 3
9500 Geraardsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.248.752
- VAT number
- BE 0440.248.752
- Registered office
- Herenveld(Sch) 3, 9500 Geraardsbergen
- Names & denominations
- DE TURCK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1990
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
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