ACTIVE

DIS - 3 - BUTION

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Financial year 2025 · closed on 31/12/2025

Net result

60,8 k €

-89.9% YoY

Gross margin

5,5 M €

+24.1% YoY

Equity

13,7 M €

+0.4% YoY

Workforce

0,0 ETP

What does DIS - 3 - BUTION do?

DIS - 3 - BUTION is a Public limited company incorporated in 1993. Its main activity is: Air transport. Its registered office is in Buggenhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.743.666

Incorporation

29/03/1993

Legal form

Public limited company

Registered office

Kasteelstraat 223A
9255 Buggenhout · FlandreSee on map

Contributed capital

756 075,25 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

51850Air transport· main 90023Support activities to performing arts 90393Creative, arts and entertainment activities 46500Wholesale of information and communication equipment 46660Wholesale of other office machinery and equipment

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	5,5 M €	+24.1%	4,4 M €	+1.6%	4,4 M €	-38.9%	7,2 M €	+30.3%	5,5 M €	+304%	1,4 M €	+18.9%	1,1 M €	+6.6%	1,1 M €	+21.7%	881 k €	+67.3%	526,7 k €	+64.6%	319,9 k €	-17.2%	386,2 k €	+22.9%	314,2 k €	+425%	59,9 k €
EBITDA	4,3 M €	+1.6%	4,3 M €	-0.2%	4,3 M €	-39.6%	7,1 M €	+30.6%	5,4 M €	+302%	1,4 M €	+18.8%	1,1 M €	+6.5%	1,1 M €	+22.4%	871,7 k €	+66.5%	523,6 k €	+64.9%	317,5 k €	-17.2%	383,4 k €	+23.1%	311,5 k €	+432%	58,5 k €
Operating result	151,4 k €	-70.2%	507,5 k €	-80.3%	2,6 M €	+0.3%	2,6 M €	+22.4%	2,1 M €	+1908%	104,6 k €	+298%	-52,7 k €	-145%	116,6 k €	+75.1%	66,6 k €	+1364%	4,5 k €	+119%	-23,7 k €	-127%	88,3 k €	-31.3%	128,5 k €	+272%	-74,9 k €
Net result	60,8 k €	-89.9%	600,7 k €	-79.6%	3 M €	+11.0%	2,7 M €	+20.1%	2,2 M €	+3484%	61,8 k €	+41.6%	43,6 k €	-61.8%	114,2 k €	+47.4%	77,5 k €	+15.3%	67,2 k €	-19.0%	82,9 k €	-8.6%	90,8 k €	-33.0%	135,5 k €	+264%	-82,6 k €
Balance sheet
Equity	13,7 M €	+0.4%	13,7 M €	+4.6%	13,1 M €	+69.3%	7,7 M €	+194%	2,6 M €	+82.4%	1,4 M €	+1.2%	1,4 M €	+3.2%	1,4 M €	+93.9%	711,5 k €	+12.2%	634 k €	+11.9%	566,9 k €	+17.1%	483,9 k €	+23.1%	393,1 k €	+52.6%	257,6 k €
Total assets	24,2 M €	-6.3%	25,8 M €	+11.3%	23,2 M €	+20.6%	19,2 M €	+6.0%	18,1 M €	+426%	3,4 M €	+32.0%	2,6 M €	-4.3%	2,7 M €	+48.0%	1,8 M €	+45.9%	1,3 M €	+24.0%	1 M €	-0.3%	1 M €	+30.2%	784,2 k €	+52.1%	515,8 k €
Cash	1,2 M €	+2068%	56,9 k €	-88.8%	506,5 k €	-56.3%	1,2 M €	+286%	300,5 k €	+2014%	14,2 k €	-54.4%	31,2 k €	-83.1%	184,2 k €	+307%	45,3 k €	+6093%	730,8 €	-96.1%	18,5 k €	+59719%	31 €		–		27,9 k €
Debts	10,2 M €	-14.1%	11,8 M €	+18.0%	10 M €	-11.7%	11,3 M €	-26.3%	15,4 M €	+675%	2 M €	+68.2%	1,2 M €	-12.2%	1,3 M €	+19.5%	1,1 M €	+79.7%	626 k €	+39.1%	449,9 k €	-16.0%	535,7 k €	+37.5%	389,6 k €	+52.4%	255,7 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

FOU 69

Director · since 23 juillet 2021 · until 07 juin 2027 · 0479.453.083

Represented by Ina GRIETEN

Active

The Maximizer

Director · since 23 juillet 2021 · until 07 juin 2027 · 0808.962.776

Represented by Frank VERSTRAETEN

Active

Ended mandates

FOU 69

Managing director · since 23 juillet 2021 · until 07 juin 2027 · 0479.453.083

Represented by Ina GRIETEN

Ended

FOU 69 BV

Gedelegeerd bestuurder · since 23 juillet 2021 · until 07 juin 2027

Represented by INA GRIETEN

Ended

THE MAXIMIZER BV

Bestuurder · since 23 juillet 2021 · until 07 juin 2027

Represented by FRANK VERSTRAETEN

Ended

The Maximizer

Director · since 11 décembre 2019 · until 03 juin 2024 · 0808.962.776

Represented by FRANK VERSTRAETEN

Ended

At this address

Other companies at this address

Company	CBE no.
Dis-3-bution group● Active	0739.858.887
FOU 69● Active	0479.453.083
PK ALLIANCE EU● Active	0777.879.028

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	31/07/2025	30/07/2024	27/07/2023	31/08/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	29/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	31/07/2016	Dutch	PDF
Abridged model	31/12/2014	17/07/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	13/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 26 ended

Active mandates

FOU 69

Director · since 23 juillet 2021 · until 07 juin 2027 · 0479.453.083

Represented by Ina GRIETEN

Active

The Maximizer

Director · since 23 juillet 2021 · until 07 juin 2027 · 0808.962.776

Represented by Frank VERSTRAETEN

Active

Ended mandates

FOU 69

Managing director · since 23 juillet 2021 · until 07 juin 2027 · 0479.453.083

Represented by Ina GRIETEN

Ended

FOU 69 BV

Gedelegeerd bestuurder · since 23 juillet 2021 · until 07 juin 2027

Represented by INA GRIETEN

Ended

THE MAXIMIZER BV

Bestuurder · since 23 juillet 2021 · until 07 juin 2027

Represented by FRANK VERSTRAETEN

Ended

The Maximizer

Director · since 11 décembre 2019 · until 03 juin 2024 · 0808.962.776

Represented by FRANK VERSTRAETEN

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/08/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2007
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 202560,8 k €↓
2024
Annual accounts 2024600,7 k €↓
2023
Annual accounts 20233 M €↑
2022
Annual accounts 20222,7 M €↑
2021
Annual accounts 20212,2 M €↑
2014
Annual accounts 201461,8 k €↑
2013
Annual accounts 201343,6 k €↓
2012
Annual accounts 2012114,2 k €↑
2011
Annual accounts 201177,5 k €↑
2010
Annual accounts 201067,2 k €↓
2009
Annual accounts 200982,9 k €↓
2008
Annual accounts 200890,8 k €↓
2007
Annual accounts 2007135,5 k €↑
2006
Annual accounts 2006-82,6 k €
29/03/1993
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

DIS - 3 - BUTION

Overview

What does DIS - 3 - BUTION do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

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