Active · per the CBE, 29 October 2026

HR RAIL

BE0541691352

Rechtspersoon Naamloze vennootschap van publiek recht 30 establishments

HR RAIL is a transport company in Sint-Gillis (bij-Brussel). Naamloze vennootschap van publiek recht, started on 6 November 2013, 30 establishments.

Frankrijkstraat 85, 1060 Sint-Gillis (bij-Brussel)

Active for

12 year, 11 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

HR RAIL from Sint-Gillis (bij-Brussel), company number BE0541691352, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year HR RAIL recorded revenue of € 2.4 billion and equity of € 28.3 million. Compared with financial year 2024, the result moved from € 693,536 to € 1.6 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.

What it is worth Growing

€ 28.3 million

▲ 6% vs 2024

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

Profit Growing

€ 1.6 million

▲ 126% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 101.8 million

▲ 104% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 8.2 million.

People and assets in 2025

Full-time equivalents

27,811

▲ 242.5 vs 2024

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

Wage cost

€ 2.3 billion

▲ 3% vs 2024

€ 83,900 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

€ 34,042

▼ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 14.4 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 126 days on average.

Taxes and wages

€ 443.7 million

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 2,077,763,226 € 2,205,907,450 € 2,304,846,457 € 2,368,227,721 ▲ 3%
Profit after taxes € 9,201,712 € 2,960,494 € 693,536 € 1,568,042 ▲ 126%
Equity € 23,120,618 € 26,069,315 € 26,754,065 € 28,313,321 ▲ 6%
Total debts € 510,679,979 € 490,059,314 € 495,676,157 € 495,565,830
Cash € 97,773,214 € 76,919,553 € 49,900,415 € 101,784,561 ▲ 104%
Retained profit € 2,998,800 € 5,959,293 € 6,652,830 € 8,220,872 ▲ 24%
Bank debt € 1 € 8,980,483 € 0 € 0
Balance sheet total € 562,870,145 € 542,207,033 € 549,019,701 € 549,430,015
Employees (FTE) 27,435.1 27,524.5 27,568.5 27,811 ▲ 242.5

Key figures of HR RAIL, 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 HR RAIL?

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

  • Sarah Blancke stepped down as director. NBB
  • Sophie Dutordoir stepped down as director. NBB
  • Bernard Escoyez stepped down as director. NBB
  • Benoît Gilson stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 1.6 million (▲ 126% vs 2024). Source: NBB ↗
  • New establishment in Liège. KBO
  • Sarah Blancke became a director. NBB
  • Sophie Dutordoir became a director. NBB

In short

From € 9.2 million profit in 2022 to € 1.6 million profit in 2025.

Paid € 3 million in corporate taxes since 2022.

Best year ever: 2022, with € 9.2 million profit.

Pays suppliers within 126 days on average.

Management

- Etat fédéral belge 60%
SNCB 20%
HR RAIL

The shares are held by - Etat fédéral belge (60%), SNCB (20%) and Infrabel (20%). It owns 100% of Rail Facilities itself.

Directors

According to the 2025 annual accounts

Bernard Escoyez

Chairman of the board

Also active at: PELAO, YEON

since 2022 · until 2028

Sarah Blancke

Director

since 2024 · until 2030

Benoît Gilson

Director

Also active at: TUC RAIL, GB CONSULT

since 2020 · until 2026

since 2023 · until 2029

Shareholders

- Etat fédéral belge

60%

SNCB

20%

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Frankrijkstraat 85

1060 Sint-Gillis (bij-Brussel)

2.226.640.542

Ganzenweidestraat 301

1130 Brussel

Active since 1 January 2014

2.226.640.641

Hallepoortlaan 40

1060 Sint-Gillis (bij-Brussel)

Active since 1 January 2014

2.226.640.740

Sloepenstraat 2

8400 Oostende

Active since 1 January 2014

2.226.640.839

Rue Fond des Bas Prés z/n

5000 Namur

Active since 1 January 2014

2.226.640.938

Stationsplein 2

3500 Hasselt

Active since 1 January 2014

2.226.641.037

Leuvensesteenweg 30

2800 Mechelen

Active since 1 January 2014

2.226.643.314

Gontrodestraat 222

9050 Gent

Active since 1 January 2014

2.226.643.413

Marksesteenweg(Kor) 59 box A

8500 Kortrijk

Active since 1 January 2014

2.226.643.710

Kantersteen 10

1000 Brussel

Active since 1 January 2014

2.226.644.106

Gerijstraat 20

1190 Vorst

Active since 1 January 2014

2.226.644.403

Koningin Astridplein 27

2018 Antwerpen

Active since 1 January 2014

2.226.644.797

Noorderlaan 630

2030 Antwerpen

Active since 1 January 2014

2.226.644.995

Diestsesteenweg 3

3010 Leuven

Active since 1 January 2014

2.226.646.480

Frankrijkstraat 56-58

1060 Sint-Gillis (bij-Brussel)

Active since 1 January 2014

2.226.646.678

Frankrijkstraat 97

1060 Sint-Gillis (bij-Brussel)

Active since 1 January 2014

2.226.646.876

Tweestationsstraat 80

1070 Anderlecht

Active since 1 January 2014

2.226.647.569

de Schiervellaan 26

3500 Hasselt

Active since 1 January 2014

2.226.650.737

Rue Léanne 15

5000 Namur

Active since 1 January 2014

2.226.651.034

Boulevard Charles Quint 29

7000 Mons

Active since 1 January 2014

2.226.651.331

Rue du Musée François Duesberg 1

7000 Mons

Active since 1 January 2014

2.226.651.430

Hendrik Brugmansstraat 7

8000 Brugge

Active since 1 January 2014

2.226.652.024

Rue du Plan-Incliné 145

4000 Liège

Active since 1 January 2014

2.233.200.712

Koningin Maria Hendrikaplein 1

9000 Gent

Active since 1 January 2014

2.279.217.710

Akkerstraat 33

9090 Merelbeke-Melle

Active since 1 October 2018

2.278.537.819

Rue d'Ougrée 60

4031 Liège

Active since 1 September 2018

2.315.265.482

Koning Albertplein 2

2800 Mechelen

Active since 1 June 2020

2.315.277.954

Square des Martyrs 1

6000 Charleroi

Active since 1 January 2020

2.328.544.782

Place de la Gare 1

6800 Libramont-Chevigny

Active since 1 January 2022

2.375.758.741

Place des Guillemins 2

4000 Liège

Active since 1 June 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
0541.691.352
VAT number
BE 0541.691.352
Registered office
Frankrijkstraat 85, 1060 Sint-Gillis (bij-Brussel)
Names & denominations
HR RAIL
Enterprise type
Rechtspersoon
Legal form
Naamloze vennootschap van publiek recht
Legal situation
Normale toestand
Start date
6 November 2013
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Personenvervoer per trein

Arbeidsbemiddeling

Personenvervoer per spoor, m.u.v. personenvervoer per spoor binnen steden of voorsteden

Frequently asked questions

What does HR RAIL do?
HR RAIL is a transport company in Sint-Gillis (bij-Brussel). Naamloze vennootschap van publiek recht, started on 6 November 2013, 30 establishments.
What is the address of HR RAIL?
The registered office of HR RAIL is located at Frankrijkstraat 85, 1060 Sint-Gillis (bij-Brussel).
Is HR RAIL still active?
Yes. According to the CBE (29 October 2026) HR RAIL is active, legal situation “Normale toestand”, started on 6 November 2013.
Is HR RAIL registered on Peppol?
Yes, HR RAIL is registered on the Peppol network with ID 0208:0541691352.
What is the enterprise number of HR RAIL?
The enterprise number of HR RAIL is BE0541691352.
When was HR RAIL founded?
HR RAIL was founded on 6 November 2013.