ACTIVE

BUSCH

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Financial year 2025 · closed on 31/12/2025

Net result

882 k €

+3.3% YoY

Revenue

9,5 M €

+0.9% YoY

Equity

4,1 M €

-21.6% YoY

Workforce

29,2 ETP

-0.3% YoY

What does BUSCH do?

BUSCH is a Public limited company incorporated in 1990. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Lokeren. It employs on average 29,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.222.415

Incorporation

13/07/1990

Legal form

Public limited company

Registered office

Kruinstraat 7
9160 Lokeren · FlandreSee on map

Contributed capital

180 962,27 €

Latest accounts

31/12/2025

Average workforce

29,2 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46645Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 46695Wholesale of other machinery and equipment 51871Air transport

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	9,5 M €	+0.9%	9,4 M €	-2.0%	9,6 M €	+17.4%	8,1 M €	+23.2%	6,6 M €	-10.6%	7,4 M €	-2.7%	7,6 M €	-18.7%	9,4 M €	+30.5%	7,2 M €	+5.8%	6,8 M €	+9.8%	6,2 M €	-4.7%	6,5 M €	+5.1%	6,2 M €	-17.0%	7,4 M €	-6.1%	7,9 M €	+11.4%	7,1 M €	+5.8%	6,7 M €	+0.1%	6,7 M €
EBITDA	1,4 M €	+2.4%	1,3 M €	-20.1%	1,7 M €	+33.8%	1,3 M €	+58.9%	788,9 k €	-24.7%	1 M €	+24.7%	839,4 k €	-30.6%	1,2 M €	+25.6%	962,1 k €	+28.2%	750,7 k €	-3.8%	780 k €	+13.1%	689,7 k €	-18.2%	843,6 k €	-17.5%	1 M €	-21.8%	1,3 M €	+15.3%	1,1 M €	+10.0%	1 M €	-20.1%	1,3 M €
Operating result	1,2 M €	+3.1%	1,2 M €	-24.0%	1,5 M €	+34.5%	1,1 M €	+68.7%	678,4 k €	-22.1%	870,9 k €	+23.4%	705,7 k €	-36.3%	1,1 M €	+28.0%	865,2 k €	+29.2%	669,4 k €	-6.1%	713,1 k €	+18.8%	600,1 k €	-20.9%	758,2 k €	-17.3%	916,8 k €	-23.8%	1,2 M €	+18.0%	1 M €	+10.3%	924,2 k €	-22.1%	1,2 M €
Net result	882 k €	+3.3%	853,8 k €	-24.8%	1,1 M €	+36.5%	831,9 k €	+74.3%	477,3 k €	-25.2%	638,3 k €	+30.4%	489,7 k €	-36.2%	767 k €	+36.4%	562,5 k €	+25.9%	446,7 k €	-10.5%	498,9 k €	+23.1%	405,4 k €	-23.0%	526,8 k €	-12.3%	600,5 k €	-28.2%	836,5 k €	+29.0%	648,6 k €	+2.9%	630,4 k €	-19.9%	787,2 k €
Balance sheet
Equity	4,1 M €	-21.6%	5,2 M €	+19.6%	4,4 M €	-7.8%	4,7 M €	-3.5%	4,9 M €	+10.8%	4,4 M €	-7.6%	4,8 M €	+11.4%	4,3 M €	+21.7%	3,5 M €	+4.8%	3,4 M €	+15.3%	2,9 M €	-0.1%	2,9 M €	+16.1%	2,5 M €	-36.9%	4 M €	+17.7%	3,4 M €	-4.6%	3,6 M €	+22.3%	2,9 M €	+27.7%	2,3 M €
Total assets	5,4 M €	-15.3%	6,4 M €	+17.5%	5,4 M €	-7.4%	5,9 M €	+4.1%	5,6 M €	+9.4%	5,1 M €	-4.8%	5,4 M €	+8.9%	4,9 M €	+5.5%	4,7 M €	+13.9%	4,1 M €	+12.0%	3,7 M €	+3.4%	3,6 M €	+7.2%	3,3 M €	-34.3%	5 M €	+1.2%	5 M €	-6.7%	5,3 M €	+26.5%	4,2 M €	+3.7%	4,1 M €
Cash	1,7 M €	+147%	671,5 k €	-67.2%	2 M €	-30.4%	2,9 M €	-6.2%	3,1 M €	+19.5%	2,6 M €	+2.6%	2,6 M €	+30.2%	2 M €	+36.8%	1,4 M €	+2.6%	1,4 M €	+27.2%	1,1 M €	-8.0%	1,2 M €	+50.7%	791,9 k €	-65.6%	2,3 M €	+15.9%	2 M €	-3.9%	2,1 M €	+45.6%	1,4 M €	+63.4%	869,4 k €
Debts	1,3 M €	+13.3%	1,1 M €	+8.8%	1 M €	-6.0%	1,1 M €	+57.5%	707,1 k €	+0.5%	703,9 k €	+18.0%	596,3 k €	-8.1%	648,6 k €	-43.9%	1,2 M €	+55.9%	742,2 k €	-0.4%	745,5 k €	+20.3%	619,8 k €	-18.8%	763 k €	-25.2%	1 M €	-34.4%	1,6 M €	-11.7%	1,8 M €	+40.0%	1,3 M €	-23.9%	1,7 M €
Other
Workforce	29,2 ETP	-0.3%	29,3 ETP	+8.9%	26,9 ETP	+15.0%	23,4 ETP	+6.8%	21,9 ETP	-9.5%	24,2 ETP	+6.1%	22,8 ETP	+3.2%	22,1 ETP	+0.9%	21,9 ETP	+0.9%	21,7 ETP	+12.4%	19,3 ETP	-7.7%	20,9 ETP	0.0%	20,9 ETP	+0.5%	20,8 ETP	+3.0%	20,2 ETP	+10.4%	18,3 ETP	-1.6%	18,6 ETP	+14.8%	16,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

DIRK STRYPSTEEN

Mandate

Active

KAYA BUSCH

Mandate

Active

SAMI BUSCH

Mandate

Active

Ended mandates

Dirk STRYPSTEEN

Managing director · since 11 février 2022 · until 11 février 2028

Ended

Ayhan BUSCH

Director · since 24 avril 2020 · until 12 juin 2026

Ended

Karl BUSCH

Director · since 24 avril 2020 · until 12 juin 2026

Ended

Ayhan BUSCH

Director · since 24 février 2020 · until 12 juin 2026

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	28/04/2025	13/05/2024	28/04/2023	16/03/2022	11/03/2021
General meeting	20/03/2026	21/03/2025	22/03/2024	24/03/2023	25/02/2022	26/02/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/03/2026	30/04/2026	Dutch	PDF
Full model	31/12/2024	21/03/2025	28/04/2025	Dutch	PDF
Full model	31/12/2023	22/03/2024	13/05/2024	Dutch	PDF
Full model	31/12/2022	24/03/2023	28/04/2023	Dutch	PDF
Full model	31/12/2021	25/02/2022	16/03/2022	Dutch	PDF
Full model	31/12/2020	26/02/2021	11/03/2021	Dutch	PDF
Full model	31/12/2019	24/02/2020	08/04/2020	Dutch	PDF
Full model	31/12/2018	25/02/2019	11/04/2019	Dutch	PDF
Full model	31/12/2017	26/02/2018	16/04/2018	Dutch	PDF
Full model	31/12/2016	24/03/2017	10/04/2017	Dutch	PDF
Full model	31/12/2015	25/03/2016	15/04/2016	Dutch	PDF
Full model	31/12/2014	27/03/2015	04/05/2015	Dutch	PDF
Full model	31/12/2013	28/03/2014	15/05/2014	Dutch	PDF
Full model	31/12/2012	29/03/2013	30/04/2013	Dutch	PDF
Full model	31/12/2011	15/03/2012	17/04/2012	Dutch	PDF
Full model	31/12/2010	19/04/2011	05/05/2011	Dutch	PDF
Full model	31/12/2009	22/04/2010	27/05/2010	Dutch	PDF
Full model	31/12/2008	12/06/2009	23/07/2009	Dutch	PDF
Full model	31/12/2007	13/05/2008	04/06/2008	Dutch	PDF
Full model	31/12/2006	08/06/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 18 ended

Active mandates

DIRK STRYPSTEEN

Mandate

Active

KAYA BUSCH

Mandate

Active

SAMI BUSCH

Mandate

Active

Ended mandates

Dirk STRYPSTEEN

Managing director · since 11 février 2022 · until 11 février 2028

Ended

Ayhan BUSCH

Director · since 24 avril 2020 · until 12 juin 2026

Ended

Karl BUSCH

Director · since 24 avril 2020 · until 12 juin 2026

Ended

Ayhan BUSCH

Director · since 24 février 2020 · until 12 juin 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN
PDF
Mandates18/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2016
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025882 k €↑
2024
Annual accounts 2024853,8 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022831,9 k €↑
2021
Annual accounts 2021477,3 k €↓
2020
Annual accounts 2020638,3 k €↑
2019
Annual accounts 2019489,7 k €↓
2018
Annual accounts 2018767 k €↑
2017
Annual accounts 2017562,5 k €↑
2016
Annual accounts 2016446,7 k €↓
2015
Annual accounts 2015498,9 k €↑
2014
Annual accounts 2014405,4 k €↓
2013
Annual accounts 2013526,8 k €↓
2012
Annual accounts 2012600,5 k €↓
2011
Annual accounts 2011836,5 k €↑
2010
Annual accounts 2010648,6 k €↑
2009
Annual accounts 2009630,4 k €↓
2008
Annual accounts 2008787,2 k €
13/07/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BUSCH

Overview

What does BUSCH do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline