Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 481.5 to 384.7.
Financials
Financial year 2025
VDL Bus Roeselare from Roeselare, company number BE0445877920, closed financial year 2025 with a result of € 6 million after tax. For that financial year VDL Bus Roeselare recorded revenue of € 121 million and equity of € 27 million. Compared with financial year 2024, the result moved from € 7 million to € 6 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 27 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6 million
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 495,271
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11.7 million.
People and assets in 2025
384.7
▼ 32.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 25.1 million
▼ 7% vs 2024
€ 65,200 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.
€ 1.1 million
▼ 12% 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.
€ 9.5 million
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 4.5 million
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 144,236,432 | € 113,074,784 | € 153,448,884 | € 120,960,955 | ▼ 21% |
| Profit after taxes | € 1,645,291 | € 1,522,671 | € 7,044,807 | € 6,029,794 | ▼ 14% |
| Equity | € 12,445,940 | € 13,968,611 | € 21,013,419 | € 27,043,213 | ▲ 29% |
| Total debts | € 118,291,463 | € 163,004,569 | € 134,769,876 | € 99,517,902 | ▼ 26% |
| Cash | € 19,939,637 | € 1,875,731 | € 1,596,155 | € 495,271 | ▼ 69% |
| Land & buildings | € 1,348,992 | € 1,309,387 | € 1,286,644 | € 1,277,352 | ▼ 1% |
| Retained profit | € -3,124,919 | € -1,512,072 | € 5,622,911 | € 11,742,880 | ▲ 109% |
| Balance sheet total | € 132,989,296 | € 177,390,508 | € 156,472,046 | € 127,054,804 | ▼ 19% |
| Employees (FTE) | 505.6 | 481.5 | 416.8 | 384.7 | ▼ 32.1 |
Key figures of VDL Bus Roeselare, 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 VDL Bus Roeselare?
What happened at VDL Bus Roeselare in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dorus M.A. van Leeuwen stepped down as director. NBB
- VDL International BV stepped down as director. NBB
- VDL HOLDING BELGIUM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6 million (▼ 14% vs 2024). Source: NBB ↗
- Dorus M.A. van Leeuwen became a director. NBB
- Alain Doucet stepped down as director. NBB
- Alain Doucet became a director. NBB
- New establishment in Roeselare. KBO
In short
From € 1.6 million profit in 2022 to € 6 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 7 million profit.
Pays suppliers within 34 days on average.
Management
The shares are held by VDL Bus & Coach BV (100%).
Directors
According to the 2025 annual accounts
Dorus M.A. van Leeuwen
Director
since 2026 · until 2028
Director · represented by Edwin M.G. Willems
Also active at: VDL Bus Belgium, VDL BELGIUM, VDL Klima Belgium, VDL KTI Process Engineering
since 2022 · until 2028
since 2023 · until 2025
Director · represented by Leen Van de Voorde
Also active at: VDL KTI, VDL Weweler-Colaert, VDL Bus Belgium, TRUCK & TRAILER INDUSTRY, VDL BELGIUM, VDL Klima Belgium, VDL Vastgoed Belgium, C&F +1 more
since 2022 · until 2028
Shareholders
VDL Bus & Coach BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Krommebeekpark 2
8800 Roeselare
Schoolstraat 50
8800 Roeselare
Active since 20 December 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.877.920
- VAT number
- BE 0445.877.920
- Registered office
- Krommebeekpark 2, 8800 Roeselare
- Names & denominations
- VDL Bus Roeselare
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van motorvoertuigen
Vervaardiging en assemblage van auto's
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in aanhangwagens, opleggers en caravans
Groothandel in delen en toebehoren van motorvoertuigen
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Handel in aanhangwagens, opleggers, caravans en dergelijke
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
+1