What does DIRECT WAY do?

DIRECT WAY is a transport company in Machelen (Brab.). Public Limited, started on 3 July 1991, 2 establishments.

What is the address of DIRECT WAY?

The registered office of DIRECT WAY is located at Steenweg Buda 42, 1830 Machelen (Brab.).

Is DIRECT WAY still active?

Yes. According to the CBE (29 October 2026) DIRECT WAY is active, legal situation “Normale toestand”, started on 3 July 1991.

Is DIRECT WAY registered on Peppol?

Yes, DIRECT WAY is registered on the Peppol network with ID 0208:0444543872.

What is the enterprise number of DIRECT WAY?

The enterprise number of DIRECT WAY is BE0444543872.

When was DIRECT WAY founded?

DIRECT WAY was founded on 3 July 1991.

Is DIRECT WAY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 July 1991; 4 annual accounts filed, latest fiscal year 2025; 7 directors known from the annual account; 2 establishments in the CBE.

How much profit did DIRECT WAY make in 2025?

DIRECT WAY recorded a loss after taxes of € 21,454 in financial year 2025.

What is the revenue of DIRECT WAY?

As a small company, DIRECT WAY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,538,203.

How much does an employee at DIRECT WAY earn?

The average wage cost per full-time employee at DIRECT WAY was € 44,200 in 2025: staff costs of € 1.4 million for 32.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DIRECT WAY have?

According to the 2025 annual accounts, DIRECT WAY has 32.7 full-time equivalents (FTE).

DIRECT WAY (Public Limited) - Machelen (Brab.)

Q: Who are the directors of DIRECT WAY?

According to the 2025 annual accounts, the directors of DIRECT WAY are: GHD Advisory Services, Serge Beser, Gregory Hassid, Quentin Janssens, Patrice Janssens , Edwared Fahmy GHEBREAL, ELITECO BV.

Dossier DIRECT WAY, printed on 29 October 2026 from databakkes.be/en/0444543872/direct-way. 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.

Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

DIRECT WAY from Machelen (Brab.), company number BE0444543872, closed financial year 2025 with a result of € -21,454 after tax. For that financial year DIRECT WAY recorded a gross margin of € 1.5 million and equity of € 807,529. Compared with financial year 2024, the result moved from € 263,999 to € -21,454. 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 July 9, 2026.

What it is worth Healthy

€ 807,529

▼ 34% vs 2024

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

Loss Caution

€ -21,454

▼ still € 263,999 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 529,096

▼ 53% 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 € 625,066.

People and assets in 2025

Full-time equivalents

32.7

▼ 3.1 vs 2024

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

Wage cost

€ 1.4 million

▲ 41% vs 2024

€ 44,200 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.

Vehicles and equipment

€ 246,858

▲ 256% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 260,738

▲ € 219,905 vs 2024

€ 22,239 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 117,645

▼ 67% vs 2024

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

Taxes and wages

€ 281,977

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,197,802 Gross margin 2022: € 1,197,802 First fiscal year in the series	€ 1,524,976 Gross margin 2023: € 1,524,976 ▲ 27% vs 2022 (€ 1,197,802) Favourable step	€ 1,364,468 Gross margin 2024: € 1,364,468 ▼ 11% vs 2023 (€ 1,524,976) Unfavourable step	€ 1,538,203 Gross margin 2025: € 1,538,203 ▲ 13% vs 2024 (€ 1,364,468) Favourable step	▲ 13%
Profit after taxes	€ 406,710 Profit after taxes 2022: € 406,710 First fiscal year in the series	€ 559,337 Profit after taxes 2023: € 559,337 ▲ 38% vs 2022 (€ 406,710) Favourable step	€ 263,999 Profit after taxes 2024: € 263,999 ▼ 53% vs 2023 (€ 559,337) Unfavourable step	€ -21,454 Profit after taxes 2025: € -21,454 ▼ € 285,453 vs 2024 (€ 263,999) Unfavourable step	▼ € 285,453
Equity	€ 405,933 Equity 2022: € 405,933 First fiscal year in the series	€ 965,270 Equity 2023: € 965,270 ▲ 138% vs 2022 (€ 405,933) Favourable step	€ 1,215,982 Equity 2024: € 1,215,982 ▲ 26% vs 2023 (€ 965,270) Favourable step	€ 807,529 Equity 2025: € 807,529 ▼ 34% vs 2024 (€ 1,215,982) Unfavourable step	▼ 34%
Total debts	€ 1,022,164 Total debts 2022: € 1,022,164 First fiscal year in the series	€ 725,598 Total debts 2023: € 725,598 ▼ 29% vs 2022 (€ 1,022,164) Favourable step	€ 693,370 Total debts 2024: € 693,370 ▼ 4% vs 2023 (€ 725,598) Favourable step	€ 1,074,838 Total debts 2025: € 1,074,838 ▲ 55% vs 2024 (€ 693,370) Unfavourable step	▲ 55%
Cash	€ 77,180 Cash 2022: € 77,180 First fiscal year in the series	€ 690,139 Cash 2023: € 690,139 ▲ € 612,959 vs 2022 (€ 77,180) Favourable step	€ 1,121,816 Cash 2024: € 1,121,816 ▲ 63% vs 2023 (€ 690,139) Favourable step	€ 529,096 Cash 2025: € 529,096 ▼ 53% vs 2024 (€ 1,121,816) Unfavourable step	▼ 53%
Retained profit	€ 230,933 Retained profit 2022: € 230,933 First fiscal year in the series	€ 790,270 Retained profit 2023: € 790,270 ▲ 242% vs 2022 (€ 230,933) Favourable step	€ 1,031,519 Retained profit 2024: € 1,031,519 ▲ 31% vs 2023 (€ 790,270) Favourable step	€ 625,066 Retained profit 2025: € 625,066 ▼ 39% vs 2024 (€ 1,031,519) Unfavourable step	▼ 39%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 385,000 Dividend 2025: € 385,000 Unchanged (€ 0) Unchanged
Bank debt	€ 90,422 Bank debt 2022: € 90,422 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 90,422) Favourable step	€ 40,833 Bank debt 2024: € 40,833 Unchanged (€ 0) Unfavourable step	€ 260,738 Bank debt 2025: € 260,738 ▲ € 219,905 vs 2024 (€ 40,833) Unfavourable step	▲ € 219,905
Balance sheet total	€ 1,428,097 Balance sheet total 2022: € 1,428,097 First fiscal year in the series	€ 1,690,868 Balance sheet total 2023: € 1,690,868 ▲ 18% vs 2022 (€ 1,428,097) Unchanged	€ 1,909,352 Balance sheet total 2024: € 1,909,352 ▲ 13% vs 2023 (€ 1,690,868) Unchanged	€ 1,886,366 Balance sheet total 2025: € 1,886,366 ▼ 1% vs 2024 (€ 1,909,352) Unchanged	▼ 1%
Employees (FTE)	15.9 Employees (FTE) 2022: 15.9 First fiscal year in the series	17 Employees (FTE) 2023: 17 ▲ 1.1 vs 2022 (15.9) Unchanged	35.8 Employees (FTE) 2024: 35.8 ▲ 18.8 vs 2023 (17) Unchanged	32.7 Employees (FTE) 2025: 32.7 ▼ 3.1 vs 2024 (35.8) Unchanged	▼ 3.1

Key figures of DIRECT WAY, 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 DIRECT WAY?

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

Jul 9, 2026 New annual accounts for financial year 2025: loss of € 21,454 (▼ € 285,453 vs 2024). Source: NBB ↗
Apr 10, 2025 New establishment in Ukkel. KBO
2025 GHD Advisory Services became a director. NBB
2025 Serge Beser became a director. NBB
2025 Gregory Hassid became a director. NBB
2025 Quentin Janssens became a director. NBB
2025 Patrice Janssens became a director. NBB
2025 Edwared Fahmy GHEBREAL stepped down as director. NBB

In short

From € 406,710 profit in 2022 to € 21,454 loss in 2025.

Paid € 306,393 in corporate taxes since 2022.

Best year ever: 2023, with € 559,337 profit.

On average € 47,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

AELION Holding 100%

The stake of AELION Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DIRECT WAY

Behind DIRECT WAY are GHD Advisory Services, Serge Beser, Gregory Hassid, Quentin Janssens and Patrice Janssens . The shares are held by AELION Holding (100%).

Directors

According to the 2025 annual accounts

GHD Advisory Services

Managing director, Director · represented by GREGORY HASSID

Also active at: AELION Holding

since 2025

Serge Beser

Director

since 2025

Gregory Hassid

Vaste vertegenwoordiger

Also active at: AELION Holding

since 2025

Quentin Janssens

Director

Also active at: Studieburo De Klerck, DE KLERCK ENGINEERING, STUDIEBUREAU RIESSAUW, STUDIEBURO DE KLERCK ENGINEERING SOLUTIONS

since 2025

Patrice Janssens

Director

since 2025

Edwared Fahmy GHEBREAL

Director

since 2020 · until 2025

ELITECO BV

Director

since 2020 · until 2025

Shareholders

AELION Holding

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg Buda 42

1830 Machelen (Brab.)

2.160.005.205

Steenweg Buda 38-44

1830 Machelen (Brab.)

Active since 1 January 2007

2.387.079.334

Drie Koningenstraat 33

1180 Ukkel

Active since 10 April 2025

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

Details

Company number

0444.543.872

VAT number

BE 0444.543.872

Registered office

Steenweg Buda 42, 1830 Machelen (Brab.)

Names & denominations

D.W. · DIRECT WAY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 July 1991

Peppol

Active · Active since 13 Jan 2026

Activities · NACE

Diensten voor personenvervoer op aanvraag per voertuig met chauffeur

Exploitatie van taxi's

Personenvervoer over de weg zonder dienstregeling

Overig personenvervoer te land, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

DIRECT WAY

Warning lights

Financials

What happened to DIRECT WAY?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions