ACTIVE

Vlaamse Vervoermaatschappij - De Lijn

Financial year 2025 · Closed on 31/12/2025

Net result20,4 k €-91,2 %over 1 year
Revenue1,4 Md €-0,3 %over 1 year
Equity2,3 Md €+4,2 %over 1 year
Workforce7 637,1 ETP-0,5 %over 1 year

Identity

Source · BCE/KBO

Vlaamse Vervoermaatschappij - De Lijn is a Authorities of the Flemish Region and the Flemish Community incorporated in 1990. Its registered office is in Mechelen. It employs on average 7 637,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0242.069.537
Incorporation
31/07/1990
Legal form
Authorities of the Flemish Region and the Flemish Community
Registered office
Motstraat 20
2800 Mechelen · FlandreSee on map
Contributed capital
53 951 025,00 €
Latest accounts
31/12/2025
Average workforce
7 637,1 ETP
Joint committees (1)
  • 328
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 13 financial years

20252024202320202017
Income statement
Revenue1,4 Md €1,4 Md €1,3 Md €1,1 Md €1 Md €
EBITDA33 M €40,6 M €19,1 M €47,5 M €44,9 M €
Operating result-130,7 M €-149,5 M €-167,2 M €-110 M €-91,6 M €
Net result20,4 k €233 k €-29,1 M €22 k €15,8 k €
Balance sheet
Equity2,3 Md €2,2 Md €2,1 Md €1,9 Md €1,7 Md €
Total assets3,1 Md €3 Md €3 Md €2,7 Md €2,6 Md €
Cash178,1 k €8,2 M €322,9 k €124 M €844,5 k €
Debts614,3 M €588,9 M €718,8 M €577,4 M €639 M €
Other
Workforce7 637,1 ETP7 675,4 ETP7 578,6 ETP7 379,7 ETP7 585,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

25 active · 58 ended

Active mandates

Christine Berwaerts

Director · since 01 décembre 2025

Active
Cathy Coudyser

Director · since 08 août 2025

Active
Jef Van den Bergh

Director · since 08 août 2025

Active
Jochen Goekint

Director · since 08 août 2025

Active
Peter Hertog

Waarnemer · since 08 août 2025

Active
Sven Desmedt

Waarnemer · since 08 août 2025

Active
Koen Kennis

Vice-chairman of the board of directors · since 24 mai 2025

Active
Johan Sauwens

Director · since 24 avril 2025 · until 08 août 2025

Active
Joris Vandenbroucke

Chairman of the board of directors · since 24 avril 2025

Active
Marc Descheemaecker

Director · since 24 avril 2025

Active
Tom Dehaene

Director · since 24 avril 2025

Active
Johan Decuyper

Director · since 12 juillet 2023

Active
Rachel Lamock

Director · since 12 juillet 2023

Active
Jochen Goekint

Waarnemer · since 13 janvier 2023 · until 08 août 2025

Active
Peter Hertog

Director · since 13 janvier 2023 · until 08 août 2025

Active
Katleen Vantyghem

Director · since 24 septembre 2021 · until 08 août 2025

Active
Jo Van der Herten

Andere functie · since 02 avril 2021

Active
Stan Reusen

Andere functie · since 04 décembre 2020

Active
Erik Quisthoudt

Waarnemer · since 15 mai 2020 · until 08 août 2025

Active
Bruno De Saegher

Director · since 01 mai 2020 · until 24 avril 2025

Active
Evelien Putman

Director · since 01 mai 2020

Active
Johan Sauwens

Chairman of the board of directors · since 01 mai 2020 · until 24 avril 2025

Active
Katrien Vanhulle

Director · since 01 mai 2020 · until 01 août 2025

Active
Luc Martens

Director · since 01 mai 2020 · until 24 avril 2025

Active
Marc Descheemaecker

Vice-chairman of the board of directors · since 01 mai 2020 · until 24 avril 2025

Active

Ended mandates

Jochen Goekint

Waarnemer · since 13 janvier 2023

Ended
Peter Hertog

Director · since 13 janvier 2023

Ended
Katleen Vantyghem

Director · since 24 septembre 2021

Ended
Erik Quisthoudt

Andere functie · since 15 mai 2020

Ended

Other companies at this address

Motstraat 20 2800 Mechelen
CompanyCBE no.
IBP DE LIJN● Active
0451.188.768
LijnCom● Active
0882.998.819
0899.881.272

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelConsolidated accountsConsolidated accountsConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202617/06/202504/06/202430/06/202312/07/202228/07/2021
General meeting26/05/202627/05/202528/05/202430/05/202331/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202608/06/2026DutchPDF
Full model31/12/202427/05/202517/06/2025DutchPDF
Consolidated accounts31/12/202427/05/202527/08/2025DutchPDF
Full model31/12/202328/05/202404/06/2024DutchPDF
Consolidated accounts31/12/202328/05/202405/07/2024DutchPDF
Full model31/12/202230/05/202312/06/2023DutchPDF
Consolidated accounts31/12/202230/05/202330/06/2023DutchPDF
Full model31/12/202131/05/202209/06/2022DutchPDF
Consolidated accounts31/12/202131/05/202212/07/2022DutchPDF
Full model31/12/202025/05/202102/06/2021DutchPDF
Consolidated accounts31/12/202025/05/202128/07/2021DutchPDF
Full modelCorrection31/12/201926/05/202019/05/2021DutchPDF
Full model31/12/201926/05/202010/06/2020DutchPDF
Consolidated accounts31/12/201926/05/202012/10/2020DutchPDF
Full model31/12/201828/05/201918/06/2019DutchPDF
Consolidated accounts31/12/201827/05/201930/08/2019DutchPDF
Full model31/12/201729/05/201801/06/2018DutchPDF
Consolidated accountsCorrection31/12/201728/05/201828/08/2018DutchPDF
Consolidated accounts31/12/201728/05/201817/08/2018DutchPDF
Full model31/12/201630/05/201708/06/2017DutchPDF
Consolidated accounts31/12/201630/05/201724/08/2017DutchPDF
Full model31/12/201531/05/201613/06/2016DutchPDF
Consolidated accounts31/12/201531/05/201625/08/2016DutchPDF
Full model31/12/201426/05/201503/06/2015DutchPDF

View all 40 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

25 active · 58 ended

Active mandates

Christine Berwaerts

Director · since 01 décembre 2025

Active
Cathy Coudyser

Director · since 08 août 2025

Active
Jef Van den Bergh

Director · since 08 août 2025

Active
Jochen Goekint

Director · since 08 août 2025

Active
Peter Hertog

Waarnemer · since 08 août 2025

Active
Sven Desmedt

Waarnemer · since 08 août 2025

Active
Koen Kennis

Vice-chairman of the board of directors · since 24 mai 2025

Active
Johan Sauwens

Director · since 24 avril 2025 · until 08 août 2025

Active
Joris Vandenbroucke

Chairman of the board of directors · since 24 avril 2025

Active
Marc Descheemaecker

Director · since 24 avril 2025

Active
Tom Dehaene

Director · since 24 avril 2025

Active
Johan Decuyper

Director · since 12 juillet 2023

Active
Rachel Lamock

Director · since 12 juillet 2023

Active
Jochen Goekint

Waarnemer · since 13 janvier 2023 · until 08 août 2025

Active
Peter Hertog

Director · since 13 janvier 2023 · until 08 août 2025

Active
Katleen Vantyghem

Director · since 24 septembre 2021 · until 08 août 2025

Active
Jo Van der Herten

Andere functie · since 02 avril 2021

Active
Stan Reusen

Andere functie · since 04 décembre 2020

Active
Erik Quisthoudt

Waarnemer · since 15 mai 2020 · until 08 août 2025

Active
Bruno De Saegher

Director · since 01 mai 2020 · until 24 avril 2025

Active
Evelien Putman

Director · since 01 mai 2020

Active
Johan Sauwens

Chairman of the board of directors · since 01 mai 2020 · until 24 avril 2025

Active
Katrien Vanhulle

Director · since 01 mai 2020 · until 01 août 2025

Active
Luc Martens

Director · since 01 mai 2020 · until 24 avril 2025

Active
Marc Descheemaecker

Vice-chairman of the board of directors · since 01 mai 2020 · until 24 avril 2025

Active

Ended mandates

Jochen Goekint

Waarnemer · since 13 janvier 2023

Ended
Peter Hertog

Director · since 13 janvier 2023

Ended
Katleen Vantyghem

Director · since 24 septembre 2021

Ended
Erik Quisthoudt

Andere functie · since 15 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/11/2024
    DIVERSEN
    PDF
  • Other12/09/2023
    DIVERSEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202520,4 k €↓
  2. 2024
    Annual accounts 2024233 k €↑
  3. 2023
    Annual accounts 2023-29,1 M €↓
  4. 2020
    Annual accounts 202022 k €↑
  5. 2017
    Annual accounts 201715,8 k €↑
  6. 2014
    Annual accounts 2014
  7. 2013
    Annual accounts 2013
  8. 2011
    Annual accounts 2011-19 M €
  9. 2010
    Annual accounts 2010
  10. 2009
    Annual accounts 2009
  11. 2008
    Annual accounts 2008
  12. 2007
    Annual accounts 2007
  13. 2006
    Annual accounts 2006
  14. 31/07/1990
    IncorporationAuthorities of the Flemish Region and the Flemish Community