What does EURORAIL do?

EURORAIL is a logistics company in Aalst. Public Limited, started on 10 April 1991, 1 establishment.

What is the address of EURORAIL?

The registered office of EURORAIL is located at Ninovesteenweg 190, 9320 Aalst.

Is EURORAIL still active?

Yes. According to the CBE (30 October 2026) EURORAIL is active, legal situation “Normale toestand”, started on 10 April 1991.

Is EURORAIL registered on Peppol?

Yes, EURORAIL is registered on the Peppol network with ID 0208:0443885163.

What is the enterprise number of EURORAIL?

The enterprise number of EURORAIL is BE0443885163.

When was EURORAIL founded?

EURORAIL was founded on 10 April 1991.

Who are the directors of EURORAIL?

According to the 2025 annual accounts, the directors of EURORAIL are: EURORAIL INTERNATIONAL NV, Eric DEBRAUWERE, Markus HUNKEL, Marc DE CNIJF.

Is EURORAIL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 April 1991; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did EURORAIL make in 2025?

EURORAIL recorded a loss after taxes of € 334,975 in financial year 2025.

What is the revenue of EURORAIL?

In its most recent annual accounts (2025), EURORAIL reported revenue of € 12,428,570.

How much does an employee at EURORAIL earn?

The average wage cost per full-time employee at EURORAIL was € 66,600 in 2025: staff costs of € 313,103 for 4.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does EURORAIL have?

According to the 2025 annual accounts, EURORAIL has 4.7 full-time equivalents (FTE).

EURORAIL (Public Limited) - Aalst - BE0443885163

Dossier EURORAIL, printed on 30 October 2026 from databakkes.be/en/0443885163/eurorail. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

EURORAIL from Aalst, company number BE0443885163, closed financial year 2025 with a result of € -334,975 after tax. For that financial year EURORAIL recorded revenue of € 12.4 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -355,901 to € -334,975. 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 August 21, 2026.

What it is worth Healthy

€ 2.3 million

▼ 12% vs 2024

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

Loss Caution

€ -334,975

▲ 6 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 128,376

▲ 60% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.3 million.

People and assets in 2025

Full-time equivalents

4.7

▼ 0.6 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 539,883 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 313,103

▼ 13% vs 2024

€ 66,600 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

€ 3,595

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.5 million

▲ 37% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.6 million

▲ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.

Taxes and wages

€ 34,189

▼ 43% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 14,134,813 Revenue 2022: € 14,134,813 First fiscal year in the series	€ 10,477,055 Revenue 2023: € 10,477,055 ▼ 26% vs 2022 (€ 14,134,813) Unfavourable step	€ 11,293,218 Revenue 2024: € 11,293,218 ▲ 8% vs 2023 (€ 10,477,055) Favourable step	€ 12,428,570 Revenue 2025: € 12,428,570 ▲ 10% vs 2024 (€ 11,293,218) Favourable step	▲ 10%
Profit after taxes	€ 223,436 Profit after taxes 2022: € 223,436 First fiscal year in the series	€ -473,016 Profit after taxes 2023: € -473,016 ▼ € 696,452 vs 2022 (€ 223,436) Unfavourable step	€ -355,901 Profit after taxes 2024: € -355,901 ▲ € 117,115 vs 2023 (€ -473,016) Favourable step	€ -334,975 Profit after taxes 2025: € -334,975 ▲ € 20,926 vs 2024 (€ -355,901) Favourable step	▲ € 20,926
Equity	€ 3,512,559 Equity 2022: € 3,512,559 First fiscal year in the series	€ 3,039,543 Equity 2023: € 3,039,543 ▼ 13% vs 2022 (€ 3,512,559) Unfavourable step	€ 2,683,641 Equity 2024: € 2,683,641 ▼ 12% vs 2023 (€ 3,039,543) Unfavourable step	€ 2,348,666 Equity 2025: € 2,348,666 ▼ 12% vs 2024 (€ 2,683,641) Unfavourable step	▼ 12%
Total debts	€ 2,537,597 Total debts 2022: € 2,537,597 First fiscal year in the series	€ 2,112,148 Total debts 2023: € 2,112,148 ▼ 17% vs 2022 (€ 2,537,597) Favourable step	€ 2,593,112 Total debts 2024: € 2,593,112 ▲ 23% vs 2023 (€ 2,112,148) Unfavourable step	€ 3,129,293 Total debts 2025: € 3,129,293 ▲ 21% vs 2024 (€ 2,593,112) Unfavourable step	▲ 21%
Cash	€ 90,880 Cash 2022: € 90,880 First fiscal year in the series	€ 166,685 Cash 2023: € 166,685 ▲ 83% vs 2022 (€ 90,880) Favourable step	€ 80,410 Cash 2024: € 80,410 ▼ 52% vs 2023 (€ 166,685) Unfavourable step	€ 128,376 Cash 2025: € 128,376 ▲ 60% vs 2024 (€ 80,410) Favourable step	▲ 60%
Land & buildings	€ 51,381 Land & buildings 2022: € 51,381 First fiscal year in the series	€ 50,981 Land & buildings 2023: € 50,981 ▼ 1% vs 2022 (€ 51,381) Unchanged	€ 50,581 Land & buildings 2024: € 50,581 ▼ 1% vs 2023 (€ 50,981) Unchanged	€ 50,181 Land & buildings 2025: € 50,181 ▼ 1% vs 2024 (€ 50,581) Unchanged	▼ 1%
Retained profit	€ 2,512,559 Retained profit 2022: € 2,512,559 First fiscal year in the series	€ 2,039,543 Retained profit 2023: € 2,039,543 ▼ 19% vs 2022 (€ 2,512,559) Unfavourable step	€ 1,683,641 Retained profit 2024: € 1,683,641 ▼ 17% vs 2023 (€ 2,039,543) Unfavourable step	€ 1,348,666 Retained profit 2025: € 1,348,666 ▼ 20% vs 2024 (€ 1,683,641) Unfavourable step	▼ 20%
Bank debt	€ 747,007 Bank debt 2022: € 747,007 First fiscal year in the series	€ 873,591 Bank debt 2023: € 873,591 ▲ 17% vs 2022 (€ 747,007) Unfavourable step	€ 1,058,416 Bank debt 2024: € 1,058,416 ▲ 21% vs 2023 (€ 873,591) Unfavourable step	€ 1,453,365 Bank debt 2025: € 1,453,365 ▲ 37% vs 2024 (€ 1,058,416) Unfavourable step	▲ 37%
Balance sheet total	€ 6,050,156 Balance sheet total 2022: € 6,050,156 First fiscal year in the series	€ 5,151,691 Balance sheet total 2023: € 5,151,691 ▼ 15% vs 2022 (€ 6,050,156) Unchanged	€ 5,276,753 Balance sheet total 2024: € 5,276,753 ▲ 2% vs 2023 (€ 5,151,691) Unchanged	€ 5,477,959 Balance sheet total 2025: € 5,477,959 ▲ 4% vs 2024 (€ 5,276,753) Unchanged	▲ 4%
Employees (FTE)	5.9 Employees (FTE) 2022: 5.9 First fiscal year in the series	5.3 Employees (FTE) 2023: 5.3 ▼ 0.6 vs 2022 (5.9) Unchanged	5.3 Employees (FTE) 2024: 5.3 Unchanged (5.3) Unchanged	4.7 Employees (FTE) 2025: 4.7 ▼ 0.6 vs 2024 (5.3) Unchanged	▼ 0.6

Key figures of EURORAIL, 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 EURORAIL?

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

2030 EURORAIL INTERNATIONAL NV stepped down as director. NBB
2030 Eric DEBRAUWERE stepped down as director. NBB
2030 Markus HUNKEL stepped down as director. NBB
2030 Marc DE CNIJF stepped down as director. NBB
Aug 21, 2026 New annual accounts for financial year 2025: loss of € 334,975. filed late Source: NBB ↗
2024 EURORAIL INTERNATIONAL NV became a director. NBB
2024 Eric DEBRAUWERE became a director. NBB
2024 Markus HUNKEL became a director. NBB

In short

From € 223,436 profit in 2022 to € 334,975 loss in 2025.

Paid € 1,999 in corporate taxes since 2022.

Best year ever: 2022, with € 223,436 profit.

Pays suppliers within 48 days on average.

Original PDFs at the National Bank ↗

Management

EURORAIL INTERNATIONAL NV 100%

EURORAIL

The shares are held by EURORAIL INTERNATIONAL NV (100%).

Directors

According to the 2025 annual accounts

EURORAIL INTERNATIONAL NV

Managing director · represented by Brice DEVINOY

Also active at: RAILLINER, RAIL TERMINAL OPERATORS, RegioRail

since 2024 · until 2030

Eric DEBRAUWERE

Director

Owns 10.3% via EURORAIL INTERNATIONAL NV

Also active at: IMMOBILIERE JOFRAN, RAILLINER, RAIL TERMINAL OPERATORS, RegioRail, EURORAIL INTERNATIONAL

since 2024 · until 2030

Markus HUNKEL

Director

since 2024 · until 2030

Marc DE CNIJF

Director

Owns 3.4% via EURORAIL INTERNATIONAL NV

Also active at: CUPITEX, EURORAIL INTERNATIONAL

since 2024 · until 2030

Shareholders

EURORAIL INTERNATIONAL NV · holding of Marc DE CNIJF

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ninovesteenweg 190

9320 Aalst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

INTERNATIONAL RAIL ROAD RIVER DISTRIBUTION SERVICES

RAILLINER same network

€ 18,601 gross margin · 2025

RAIL TERMINAL OPERATORS same network

€ -6,057 gross margin · 2025

RegioRail same network

€ 19,751 revenue · 2025

LEAPHY

€ -13,736 gross margin · 2025

+3 more

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

Details

Company number

0443.885.163

VAT number

BE 0443.885.163

Registered office

Ninovesteenweg 190, 9320 Aalst

Names & denominations

EURORAIL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 April 1991

Peppol

Active · Active since 26 Nov 2025

Activities · NACE

Logistieke diensten

Vervoersbemiddeling

Overige vrachtbehandeling

Goederenvervoer per spoor

Overige vervoerondersteunende activiteiten

Overige vrachtbehandeling, exclusief in zeehavens

Diensten in verband met vervoer te land

View on CBE Public ↗ Annual accounts (NBB) ↗

EURORAIL

Warning lights

Financials

What happened to EURORAIL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions