ACTIVE

SHUTTLE EXPRESS SERVICE-EUROP'AIR

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Financial year 2025 · Closed on 31/12/2025

Net result562,3 €-88,7 %over 1 year
Revenue69,2 k €-7,6 %over 1 year
Equity12,3 k €+4,8 %over 1 year

Identity

Source · BCE/KBO

SHUTTLE EXPRESS SERVICE-EUROP'AIR is a Private limited company incorporated in 1971. Its main activity is: Urban and suburban passenger land transport. Its registered office is in Verlaine.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.412.461
Incorporation
14/06/1971
Legal form
Private limited company
Registered office
Rue de Huy(CHA) 61
4537 Verlaine · WallonieSee on map
Contributed capital
50 270,73 €
Latest accounts
31/12/2025
Joint committees (2)
  • 140
  • 14002
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue69,2 k €74,9 k €65,9 k €68,1 k €39,9 k €
EBITDA2 k €6,7 k €12,2 k €6,2 k €-8,7 k €
Operating result984,5 €5,3 k €12,2 k €6,2 k €-10,2 k €
Net result562,3 €5 k €11,3 k €4,6 k €-12,3 k €
Balance sheet
Equity12,3 k €11,7 k €6,8 k €-4,5 k €-9,2 k €
Total assets26,4 k €40,8 k €19,2 k €34,1 k €33,6 k €
Cash10,1 k €6,9 k €4,2 k €15,6 k €13 k €
Debts14,1 k €29,1 k €12,5 k €38,7 k €42,7 k €
Other
Workforce–––––

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

1 active · 23 ended

Active mandates

Isabelle DELCOUR

Manager

Active

Ended mandates

Christian HALLEUX

Manager · since 28 mars 2013 · until 28 mars 2019

Ended
Isabelle DELCOUR

Manager · since 28 mars 2013 · until 28 mars 2019

Ended
Brice XHAUFFLAIRE

Associate · since 07 octobre 2012

Ended
Francis SPORS

Associate · since 07 octobre 2012

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
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 date17/07/202630/06/202504/07/202429/06/202319/08/202217/08/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202617/07/2026FrenchPDF
Abridged model31/12/202419/06/202530/06/2025FrenchPDF
Abridged model31/12/202320/06/202404/07/2024FrenchPDF
Abridged model31/12/202215/06/202329/06/2023FrenchPDF
Abridged model31/12/202116/06/202219/08/2022FrenchPDF
Abridged model31/12/202017/06/202117/08/2021FrenchPDF
Abridged model31/12/201918/06/202017/08/2020FrenchPDF
Abridged model31/12/201820/06/201921/08/2019FrenchPDF
Abridged model31/12/201721/06/201816/07/2018FrenchPDF
Abridged model31/12/201615/06/201725/08/2017FrenchPDF
Abridged model31/12/201516/06/201602/08/2016FrenchPDF
Abridged model31/12/201418/06/201517/08/2015FrenchPDF
Abridged model31/12/201324/08/201426/08/2014FrenchPDF
Abridged model31/12/201229/09/201330/09/2013FrenchPDF
Abridged model31/12/201128/03/201329/03/2013FrenchPDF
Abridged model31/12/201001/10/201222/10/2012FrenchPDF
Abridged model31/12/200917/06/201022/06/2010FrenchPDF
Abridged model31/12/200830/06/200924/09/2009FrenchPDF
Abridged model31/12/200730/06/200812/08/2008FrenchPDF
Abridged model31/12/200630/06/200731/08/2007FrenchPDF

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

1 active · 23 ended

Active mandates

Isabelle DELCOUR

Manager

Active

Ended mandates

Christian HALLEUX

Manager · since 28 mars 2013 · until 28 mars 2019

Ended
Isabelle DELCOUR

Manager · since 28 mars 2013 · until 28 mars 2019

Ended
Brice XHAUFFLAIRE

Associate · since 07 octobre 2012

Ended
Francis SPORS

Associate · since 07 octobre 2012

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/01/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/10/2013
    SIEGE SOCIAL
    PDF
  • Mandates13/08/2010
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    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 2025562,3 €↓
  2. 2024
    Annual accounts 20245 k €↓
  3. 2023
    Annual accounts 202311,3 k €↑
  4. 2023
    Name changeSHUTTLE EXPRESS SERVICE-EUROP'AIR
  5. 2022
    Annual accounts 20224,6 k €↑
  6. 2021
    Annual accounts 2021-12,3 k €↓
  7. 2020
    Annual accounts 2020-12 k €↓
  8. 2019
    Annual accounts 2019426,6 €↑
  9. 2018
    Annual accounts 2018-606,7 €↑
  10. 2017
    Annual accounts 2017-1 k €↓
  11. 2016
    Annual accounts 20165,9 k €↓
  12. 2015
    Annual accounts 201514,7 k €↑
  13. 2014
    Annual accounts 20147,8 k €↓
  14. 2013
    Annual accounts 201317 k €↓
  15. 2012
    Annual accounts 201238,3 k €↑
  16. 2011
    Annual accounts 2011-23,8 k €↓
  17. 2010
    Annual accounts 201041,7 k €↑
  18. 2009
    Annual accounts 2009-20,4 k €↓
  19. 2008
    Annual accounts 2008-14,9 k €↓
  20. 2007
    Annual accounts 20071,1 k €↑
  21. 2006
    Annual accounts 2006-19,3 k €
  22. 2006
    Name changeF. ETIENNE TRANSPORTS - EUROP'AIR
  23. 14/06/1971
    IncorporationPrivate limited company