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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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EULER HERMES SOUTH EXPRESS from Brussel, company number BE0899287295, closed financial year 2025 with a result of € 727,397 after tax. For that financial year EULER HERMES SOUTH EXPRESS recorded revenue of € 2.3 million and equity of € 29.4 million. Compared with financial year 2024, the result moved from € 772,411 to € 727,397. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 29.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 727,397
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 510,000
Cash and bank balances on the last day of the fiscal year.
€ 691,028 paid out
95 % of the profit went to the shareholders, mostly to Euler Hermes SA (51 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 346,034
▲ € 316,794 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 531 days on average.
€ 333,178
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,979,692 | € 2,225,460 | € 2,253,998 | € 2,327,664 | ▲ 3% |
| Profit after taxes | € 558,539 | € 747,696 | € 772,411 | € 727,397 | ▼ 6% |
| Equity | € 29,307,004 | € 29,344,389 | € 29,383,010 | € 29,419,379 | |
| Total debts | € 1,589,750 | € 2,116,439 | € 1,757,794 | € 2,055,338 | ▲ 17% |
| Cash | € 510,000 | € 510,000 | € 510,000 | € 510,000 | |
| Land & buildings | € 26,378,877 | € 25,438,920 | € 24,498,962 | € 23,559,004 | ▼ 4% |
| Retained profit | € 320,552 | € 357,937 | € 396,557 | € 432,927 | ▲ 9% |
| Dividend | € 530,612 | € 710,311 | € 733,790 | € 691,028 | ▼ 6% |
| Balance sheet total | € 30,896,754 | € 31,460,828 | € 31,140,804 | € 31,474,718 | ▲ 1% |
Key figures of EULER HERMES SOUTH EXPRESS, 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 EULER HERMES SOUTH EXPRESS?
What happened at EULER HERMES SOUTH EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoît Semelin stepped down as director. NBB
- Adrien Guédy stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 727,397 (▼ 6% vs 2024). Source: NBB ↗
- Philippe Dessèvre became a director. NBB
- Benoit DES CRESSONNIERES stepped down as director. NBB
- Sébastien RAGEOT stepped down as director. NBB
- Benoît Semelin became a director. NBB
- Sébastien RAGEOT became a director. NBB
In short
From € 558,539 profit in 2022 to € 727,397 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 772,411 profit.
Paid out € 2.7 million in dividends to the owners in total.
A new publication or filing at EULER HERMES SOUTH EXPRESS? We notify you, reason included.
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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
Behind EULER HERMES SOUTH EXPRESS is Philippe Dessèvre. The shares are held by Euler Hermes SA (51%) and Euler Hermes Reinsurance AG (49%).
Directors
According to the 2025 annual accounts
Philippe Dessèvre
Director
since 2025
Sébastien RAGEOT
Director
since 2025 · until 2025
Benoît Semelin
Director
since 2025 · until 2029
Adrien Guédy
Director
since 2025 · until 2029
Benoit DES CRESSONNIERES
Director
since 2025 · until 2025
Shareholders
51%
Euler Hermes Reinsurance AG
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koningsstraat 52
1000 Brussel
Havenlaan 86C box 204
1000 Brussel
Active since 11 July 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.287.295
- VAT number
- BE 0899.287.295
- Registered office
- Koningsstraat 52, 1000 Brussel
- Names & denominations
- EULER HERMES SOUTH EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen