ACTIVE

BUSELOC

Financial year 2025 · closed on 31/12/2025
Net result
162,7 k €
+369.7% YoY
Gross margin
3,2 M €
+8.7% YoY
Equity
3,9 M €
+4.6% YoY
Workforce
83,4 ETP
+0.1% YoY

What does BUSELOC do?

BUSELOC is a Non-profit organization incorporated in 1987. Its main activity is: Manufacture of other wearing apparel and accessories. Its registered office is in Peer. It employs on average 83,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.160.527
Incorporation
28/08/1987
Legal form
Non-profit organization
Registered office
Ambachtslaan 1020
3990 Peer · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
83,4 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin3,2 M €2,9 M €2,8 M €2,8 M €2,6 M €2,7 M €2,3 M €2,3 M €2,3 M €2,3 M €2,1 M €1,8 M €1,6 M €1,4 M €1,8 M €1,8 M €2,4 M €2 M €1,9 M €
EBITDA315,3 k €181,9 k €188 k €292,5 k €318,7 k €526,7 k €391,8 k €383,2 k €355,5 k €452,8 k €426 k €368,2 k €241,2 k €92,6 k €349,2 k €303,7 k €757,3 k €491,4 k €482,8 k €
Operating result138,7 k €4,1 k €-10,5 k €28,7 k €51 k €248,6 k €89,1 k €117,6 k €89 k €199,6 k €157,8 k €143,8 k €-11 k €-134 k €80 k €166,8 k €601,2 k €350,4 k €355,8 k €
Net result162,7 k €34,6 k €7,1 k €29,6 k €52,4 k €250,1 k €90,7 k €120 k €91 k €204 k €163,9 k €147 k €-8 k €-132,4 k €89,4 k €356,8 k €635,3 k €359,3 k €364,6 k €
Balance sheet
Equity3,9 M €3,7 M €3,7 M €3,7 M €3,7 M €3,7 M €3,5 M €3,3 M €3,1 M €3,1 M €2,9 M €2,7 M €2,5 M €2,6 M €2,7 M €2,6 M €2,3 M €1,6 M €1,3 M €
Total assets4,5 M €4,3 M €4,3 M €4,2 M €4,2 M €4 M €3,8 M €3,8 M €3,6 M €3,6 M €3,3 M €3,1 M €2,9 M €2,9 M €3,1 M €3 M €2,8 M €2,4 M €1,9 M €
Cash277,9 k €480,9 k €322,5 k €1,3 M €1,2 M €1,3 M €1 M €1,3 M €1,1 M €946,5 k €750,9 k €596,5 k €342,5 k €493,4 k €535,8 k €2,2 M €1,6 M €451,9 k €333,6 k €
Debts594,5 k €556,9 k €584,3 k €502,1 k €494,1 k €300,6 k €344 k €518,1 k €478 k €528,5 k €454 k €416,4 k €359,3 k €366,7 k €391 k €362,6 k €535,6 k €758 k €617,5 k €
Other
Workforce83,4 ETP83,3 ETP80,2 ETP80,6 ETP81,8 ETP80,8 ETP73,6 ETP70,7 ETP72,6 ETP69,9 ETP68,7 ETP62,7 ETP63,4 ETP63,1 ETP62,8 ETP64,3 ETP63,4 ETP63,1 ETP61,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Hendrik Swennen

Director · since 24 avril 2025

Active
Theo Plessers

Director · since 24 avril 2025

Active

Ended mandates

Alfons Beckers

Director · since 19 juin 2013

Ended
Eddy Linsen

Chairman of the board of directors · since 19 juin 2013

Ended
Philoméne Aerts

Vice-chairman of the board of directors · since 19 juin 2013 · until 28 novembre 2019

Ended
Philoméne Aerts

Vice-chairman of the board of directors · since 19 juin 2013

Ended
At this address

Other companies at this address

CompanyCBE no.
SOPLETEXActive
0455.171.708
Annual accounts

Full financial information

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 date05/06/202604/06/202525/06/202404/05/202307/06/202208/07/2021
General meeting28/05/202624/04/202530/05/202427/04/202302/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202605/06/2026DutchPDF
Abridged model31/12/202424/04/202504/06/2025DutchPDF
Abridged model31/12/202330/05/202425/06/2024DutchPDF
Abridged model31/12/202227/04/202304/05/2023DutchPDF
Abridged model31/12/202102/06/202207/06/2022DutchPDF
Abridged model31/12/202024/06/202108/07/2021DutchPDF
Abridged model31/12/201927/08/202003/09/2020DutchPDF
Abridged model31/12/201825/04/201930/04/2019DutchPDF
Abridged model31/12/201726/04/201830/04/2018DutchPDF
Abridged model31/12/201627/04/201710/08/2017DutchPDF
Abridged model31/12/201528/04/201626/05/2016DutchPDF
Abridged model31/12/201425/06/201529/06/2015DutchPDF
Abridged model31/12/201326/06/201402/07/2014DutchPDF
Abridged model31/12/201219/06/201322/07/2013DutchPDF
Abridged model31/12/201112/06/201203/07/2012DutchPDF
Abridged model31/12/201007/06/201111/08/2011DutchPDF
Abridged model31/12/200908/06/201012/07/2010DutchPDF
Abridged model31/12/200815/06/200909/07/2009DutchPDF
Abridged model31/12/200716/06/200815/09/2008DutchPDF
Abridged model31/12/200614/06/200702/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Hendrik Swennen

Director · since 24 avril 2025

Active
Theo Plessers

Director · since 24 avril 2025

Active

Ended mandates

Alfons Beckers

Director · since 19 juin 2013

Ended
Eddy Linsen

Chairman of the board of directors · since 19 juin 2013

Ended
Philoméne Aerts

Vice-chairman of the board of directors · since 19 juin 2013 · until 28 novembre 2019

Ended
Philoméne Aerts

Vice-chairman of the board of directors · since 19 juin 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/05/2016
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/09/2014
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/04/2012
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

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 2025162,7 k €
  2. 2024
    Annual accounts 202434,6 k €
  3. 2023
    Annual accounts 20237,1 k €
  4. 2022
    Annual accounts 202229,6 k €
  5. 2021
    Annual accounts 202152,4 k €
  6. 2020
    Annual accounts 2020250,1 k €
  7. 2019
    Annual accounts 201990,7 k €
  8. 2018
    Annual accounts 2018120 k €
  9. 2017
    Annual accounts 201791 k €
  10. 2016
    Annual accounts 2016204 k €
  11. 2015
    Annual accounts 2015163,9 k €
  12. 2014
    Annual accounts 2014147 k €
  13. 2013
    Annual accounts 2013-8 k €
  14. 2012
    Annual accounts 2012-132,4 k €
  15. 2011
    Annual accounts 201189,4 k €
  16. 2010
    Annual accounts 2010356,8 k €
  17. 2009
    Annual accounts 2009635,3 k €
  18. 2008
    Annual accounts 2008359,3 k €
  19. 2007
    Annual accounts 2007364,6 k €
  20. 28/08/1987
    IncorporationNon-profit organization