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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BELGIAN BUS SALES from Haacht, company number BE0464006626, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year BELGIAN BUS SALES recorded revenue of € 53.1 million and equity of € 7 million. Compared with financial year 2024, the result moved from € 3.5 million to € 1.7 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 May 27, 2026.
€ 7 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 560,998
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 810,000 paid out
47 % of the profit went to the shareholders, mostly to VDS HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
16
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▲ 11% vs 2024
€ 63,300 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.
€ 115,400
▲ 264% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.2 million
▲ 152% vs 2024
Loans from banks and other lenders, long and short.
€ 5.7 million
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 125,119
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,368,748 | € 32,472,730 | € 47,106,100 | € 53,059,915 | ▲ 13% |
| Profit after taxes | € 796,677 | € 3,043,011 | € 3,524,485 | € 1,739,289 | ▼ 51% |
| Equity | € 1,686,642 | € 3,317,037 | € 6,096,791 | € 7,027,098 | ▲ 15% |
| Total debts | € 5,530,366 | € 7,439,068 | € 8,001,016 | € 14,841,705 | ▲ 85% |
| Cash | € 614,329 | € 873,800 | € 1,181,619 | € 560,998 | ▼ 53% |
| Land & buildings | € 669,886 | € 642,510 | € 616,045 | € 588,670 | ▼ 4% |
| Retained profit | € 1,421,542 | € 3,054,553 | € 5,169,038 | € 6,098,327 | ▲ 18% |
| Dividend | € 0 | € 1,410,000 | € 1,410,000 | € 810,000 | ▼ 43% |
| Bank debt | € 4,074,817 | € 899,074 | € 2,862,963 | € 7,223,712 | ▲ 152% |
| Balance sheet total | € 7,260,579 | € 10,793,328 | € 14,135,458 | € 21,901,472 | ▲ 55% |
| Employees (FTE) | 9.5 | 11.1 | 16.2 | 16 | ▼ 0.2 |
Key figures of BELGIAN BUS SALES, 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 May 2027.
What happened to BELGIAN BUS SALES?
What happened at BELGIAN BUS SALES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 51% vs 2024). Source: NBB ↗
- FT Consulting COMMV became a director. NBB
- VDS HOLDING BV became a director. NBB
- New establishment in Haacht. KBO
- Start of the company according to the CBE. KBO
In short
From € 796,677 profit in 2022 to € 1.7 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.5 million profit.
Paid out € 3.6 million in dividends to the owners in total.
Management
The stake of VDS HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGIAN BUS SALESBehind BELGIAN BUS SALES are VDS HOLDING BV and FT Consulting COMMV. The shares are held by VDS HOLDING (99.6%). It owns 50% of Belgian Bus France itself.
Directors
According to the 2025 annual accounts
Director · represented by Van der Schueren Nick
Also active at: VDS Immo, BELGIAN BUS REPAIR, KASTEEL VAN RIVIEREN
since 2018
Director · represented by Thevissen Frank
since 2023
Shareholders
99.6%
Participations
Belgian Bus France
50%
Establishments
Establishment units
Physical locations of this company
Kruineikestraat(TIL) 109
3150 Haacht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
belgianbussales.com
Registered
2005-09-19
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-19
Website info
Features
Security
Network
Details
- Company number
- 0464.006.626
- VAT number
- BE 0464.006.626
- Registered office
- Kruineikestraat(TIL) 109, 3150 Haacht
- Names & denominations
- BELGIAN BUS SALES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 1998
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- belgianbussales.com
- Activities · NACE
Groothandel in motorvoertuigen
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van sport- en recreatieartikelen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur van sport- en kampeerartikelen
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