Active · per the CBE, 16 September 2026

Bus-IT Connection

BE0607979865

Rechtspersoon Private limited company 1 establishment

Bus-IT Connection is an engineering firm in Mortsel. Private Limited, started on 24 March 2015, 1 establishment.

Kapellelei 16, 2640 Mortsel

Behind the company: Patrick Timmerman.

Active for

11 year, 5 months

Financials

Financial year 2025

Bus-IT Connection from Mortsel, company number BE0607979865, closed financial year 2025 with a result of € -23,963 after tax. For that financial year Bus-IT Connection recorded a gross margin of € -22,712 and equity of € 482. Compared with financial year 2024, the result moved from € 27,218 to € -23,963. The company made a loss. The buffer shrank hard: equity is 98 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 11, 2026.

What it is worth Shrank hard

€ 482

▼ 98% vs 2024

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

Loss Caution

€ -23,963

▼ still € 27,218 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,412

▼ 72% 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 € -18,118.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 585

▼ 48% 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

€ 434

▲ 12% vs 2024

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

Taxes and wages

€ 1,460

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 52,646 € 46,634 € 38,010 € -22,712 ▼ € 60,722
Profit after taxes € 38,347 € 33,834 € 27,218 € -23,963 ▼ € 51,182
Equity € 87,394 € 55,428 € 24,446 € 482 ▼ 98%
Total debts € 43,449 € 40,028 € 30,025 € 15,917 ▼ 47%
Cash € 98,409 € 76,743 € 52,021 € 14,412 ▼ 72%
Retained profit € 68,794 € 36,828 € 5,846 € -18,118 ▼ € 23,963
Dividend € 125,000 € 65,800 € 58,200 € 0 ▼ 100%
Balance sheet total € 130,843 € 95,455 € 54,471 € 16,399 ▼ 70%

Key figures of Bus-IT Connection, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to Bus-IT Connection?

What happened at Bus-IT Connection in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 23,963 (▼ € 51,182 vs 2024). Source: NBB ↗
  • New establishment in Mortsel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 38,347 profit in 2022 to € 23,963 loss in 2025.

Paid € 35,687 in corporate taxes since 2022.

Best year ever: 2022, with € 38,347 profit.

Paid out € 249,000 in dividends to the owners in total.

Management

Patrick Timmerman
Bus-IT Connection

Behind Bus-IT Connection is Patrick Timmerman.

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Directors

According to the 2025 annual accounts

Patrick Timmerman

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Kapellelei 16

2640 Mortsel

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

Details

Company number
0607.979.865
VAT number
BE 0607.979.865
Registered office
Kapellelei 16, 2640 Mortsel
Names & denominations
Bus-IT Connection
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 March 2015
Peppol
Active · Active since 2 Dec 2025
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Frequently asked questions

What does Bus-IT Connection do?
Bus-IT Connection is an engineering firm in Mortsel. Private Limited, started on 24 March 2015, 1 establishment.
What is the address of Bus-IT Connection?
The registered office of Bus-IT Connection is located at Kapellelei 16, 2640 Mortsel.
Is Bus-IT Connection still active?
Yes. According to the CBE (16 September 2026) Bus-IT Connection is active, legal situation “Normale toestand”, started on 24 March 2015.
Is Bus-IT Connection registered on Peppol?
Yes, Bus-IT Connection is registered on the Peppol network with ID 0208:0607979865.
What is the enterprise number of Bus-IT Connection?
The enterprise number of Bus-IT Connection is BE0607979865.
When was Bus-IT Connection founded?
Bus-IT Connection was founded on 24 March 2015.