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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Shrinking team NBB
FTE fell two years in a row, from 170 to 140.3.
Financials
Financial year 2025
COACH PARTNERS WEST-VLAANDEREN from Kortrijk, company number BE0471507892, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year COACH PARTNERS WEST-VLAANDEREN recorded revenue of € 18.4 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 256,505 to € 1.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 3.8 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ € 1.3 million vs 2024
Profit after tax over the fiscal year.
€ 825,390
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
70 % of the profit went to the shareholders, mostly to DPD PARTNERS (100 % of the shares). That is where the money ends up.
People and assets in 2025
140.3
▼ 22.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▼ 15% vs 2024
€ 58,400 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.
€ 6.6 million
▲ 21% vs 2024
Of which on lease € 5.9 million.
Debts at end 2025
€ 6.6 million
▲ 27% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1 million
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 852,608
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,905,694 | € 19,265,094 | € 20,504,756 | € 18,359,845 | ▼ 10% |
| Profit after taxes | € -45,346 | € 57,787 | € 256,505 | € 1,564,645 | ▲ € 1.3 million |
| Equity | € 3,062,956 | € 3,120,744 | € 3,377,249 | € 3,843,893 | ▲ 14% |
| Total debts | € 9,782,146 | € 11,088,325 | € 9,886,752 | € 9,600,959 | ▼ 3% |
| Cash | € 851,065 | € 863,003 | € 728,709 | € 825,390 | ▲ 13% |
| Retained profit | € 2,481,599 | € 2,539,387 | € 2,795,891 | € 3,262,536 | ▲ 17% |
| Dividend | € 0 | € 0 | € 0 | € 1,098,000 | |
| Bank debt | € 4,181,081 | € 3,932,907 | € 5,193,750 | € 6,613,146 | ▲ 27% |
| Balance sheet total | € 12,845,103 | € 14,209,069 | € 13,264,001 | € 13,444,852 | ▲ 1% |
| Employees (FTE) | 158.7 | 170 | 163.1 | 140.3 | ▼ 22.8 |
Key figures of COACH PARTNERS WEST-VLAANDEREN, 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 COACH PARTNERS WEST-VLAANDEREN?
What happened at COACH PARTNERS WEST-VLAANDEREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NAYCK stepped down as director. NBB
- DeLaere.eu stepped down as director. NBB
- DPD Partners stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ € 1.3 million vs 2024). Source: NBB ↗
- DPD Partners became a director. NBB
- NAYCK became a director. NBB
- DeLaere.eu became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 45,346 loss in 2022 to € 1.6 million profit in 2025.
Paid € 62,064 in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
Paid out € 1.1 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DPD PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COACH PARTNERS WEST-VLAANDERENThe shares are held by DPD PARTNERS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Desmet Bert
Also active at: COACH PARTNERS LUXEMBOURG, COACH PARTNERS BRABANT, VIA MUNDI, COACH PARTNERS OOST-VLAANDEREN, COACH PARTNERS ANTWERPEN, ECS Bus & Coach
since 2025 · until 2028
Director · represented by Christophe Loockx
Also active at: COACH PARTNERS LUXEMBOURG, DPD PARTNERS, COACH PARTNERS BRABANT, VIA MUNDI, COACH PARTNERS OOST-VLAANDEREN, DIA-SERVICES
since 2025 · until 2031
Chairman of the board · represented by Yves De Laere
Also active at: DPD PARTNERS, COACH PARTNERS BRABANT, VIA MUNDI, COACH PARTNERS OOST-VLAANDEREN, DIA-SERVICES, HILFIDO
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meensesteenweg(Kor) 101
8500 Kortrijk
Kachtemsestraat 188
8800 Roeselare
Active since 21 April 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0471.507.892
- VAT number
- BE 0471.507.892
- Registered office
- Meensesteenweg(Kor) 101, 8500 Kortrijk
- Names & denominations
- COACH PARTNERS WEST-VLAANDEREN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2000
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Personenvervoer over de weg volgens dienstregeling
Stedelijk en voorstedelijk personenvervoer
Overig vervoer van personen te land
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.
Detailhandel in motorbrandstoffen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in de niet-gespecialiseerde groothandel
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