ACTIVE

ComBus Technologies

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Financial year 2025 · closed on 31/12/2025
Net result
234,1 k €
-21.3% YoY
Gross margin
1,3 M €
-7.9% YoY
Equity
1,4 M €
+19.7% YoY
Workforce
7,8 ETP
+16.4% YoY

What does ComBus Technologies do?

ComBus Technologies is a Public limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Oostkamp. It employs on average 7,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0699.501.345
Incorporation
02/07/2018
Legal form
Public limited company
Registered office
Kanaalstraat 1A
8020 Oostkamp · FlandreSee on map
Contributed capital
91 968,05 €
Latest accounts
31/12/2025
Average workforce
7,8 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,3 M €1,4 M €1,0 M €1,1 M €1,1 M €1,1 M €1,1 M €697,9 k €
EBITDA578,4 k €844,1 k €549,3 k €689,6 k €770,5 k €715,2 k €767,6 k €473,7 k €
Operating result402,2 k €672,0 k €205,5 k €138,9 k €255,7 k €250,7 k €299,3 k €107,1 k €
Net result234,1 k €297,4 k €86,2 k €54,2 k €187,0 k €134,1 k €230,1 k €105,1 k €
Balance sheet
Equity1,4 M €1,2 M €888,6 k €802,5 k €748,3 k €561,3 k €427,2 k €197,1 k €
Total assets2,8 M €2,7 M €2,5 M €2,9 M €3,0 M €3,0 M €4,1 M €4,3 M €
Cash696,3 €1,1 k €15,2 k €27,3 €57,0 €707,1 €102,8 €64,5 €
Debts1,4 M €1,5 M €1,6 M €2,1 M €2,3 M €2,4 M €3,7 M €4,1 M €
Other
Workforce7,8 ETP6,7 ETP5,4 ETP5,0 ETP5,0 ETP5,1 ETP5,0 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 23 décembre 2023 · until 30 avril 2029 · 0428.267.569

Represented by Van Vaerenbergh Ivo

Active
COMS

Director · since 23 décembre 2023 · until 30 avril 2029 · 0862.726.116

Represented by Bailliu Rik

Active
Roadmaster Management

Director · since 23 décembre 2023 · until 30 avril 2029 · 0461.103.851

Represented by Vercruysse Philip

Active

Ended mandates

Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 25 mai 2024 · 0428.267.569

Represented by Ivo Van Vaerenbergh

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · 0428.267.569

Represented by Ivo Van Vaerenbergh

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 01 juin 2024 · 0428.267.569

Represented by Van VAERENBERGH IVO

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 30 avril 2029 · 0428.267.569

Represented by Van VAERENBERGH IVO

Ended
At this address

Other companies at this address

CompanyCBE no.
CHIEFTAIN INVESTMENTS● Active
0442.636.932
COMS● Active
0862.726.116
Entropia Investments● Active
0429.129.879
PRAESIDIUM● Active
0480.127.135
Roadmaster Management● Active
0461.103.851
Springfield Management● Active
0759.603.139
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 date24/07/202631/07/202531/07/202428/07/202327/07/202230/07/2021
General meeting15/07/202630/06/202530/06/202425/07/202325/07/202229/07/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/07/202624/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202431/07/2024DutchPDF
Abridged model31/12/202225/07/202328/07/2023DutchPDF
Abridged model31/12/202125/07/202227/07/2022DutchPDF
Abridged model31/12/202029/07/202130/07/2021DutchPDF
Abridged model31/12/201905/11/202010/11/2020DutchPDF
Abridged model31/12/201825/06/201923/07/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 12 ended

Active mandates

Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 23 décembre 2023 · until 30 avril 2029 · 0428.267.569

Represented by Van Vaerenbergh Ivo

Active
COMS

Director · since 23 décembre 2023 · until 30 avril 2029 · 0862.726.116

Represented by Bailliu Rik

Active
Roadmaster Management

Director · since 23 décembre 2023 · until 30 avril 2029 · 0461.103.851

Represented by Vercruysse Philip

Active

Ended mandates

Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 25 mai 2024 · 0428.267.569

Represented by Ivo Van Vaerenbergh

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · 0428.267.569

Represented by Ivo Van Vaerenbergh

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 01 juin 2024 · 0428.267.569

Represented by Van VAERENBERGH IVO

Ended
Beheers- en Advieskantoor Van Vaerenbergh en Co

Director · since 29 juin 2018 · until 30 avril 2029 · 0428.267.569

Represented by Van VAERENBERGH IVO

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other04/07/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025234,1 k €↓
  2. 2024
    Annual accounts 2024297,4 k €↑
  3. 2024
    Name changeCOMBUS TECHNOLOGY
  4. 2023
    Annual accounts 202386,2 k €↑
  5. 2022
    Annual accounts 202254,2 k €↓
  6. 2021
    Annual accounts 2021187,0 k €↑
  7. 2021
    Name changeCOMBUS TECHNOLOGIES
  8. 2020
    Annual accounts 2020134,1 k €↓
  9. 2019
    Annual accounts 2019230,1 k €↑
  10. 2018
    Annual accounts 2018105,1 k €
  11. 02/07/2018
    IncorporationPublic limited company