ACTIVE

En Route Belgium

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Financial year 2026 · Closed on 31/03/2026

Net result280,5 k €+2,7 %over 1 year
Revenue29 M €+16,8 %over 1 year
Equity4,7 M €+6,4 %over 1 year

Identity

Source · BCE/KBO

En Route Belgium is a Public limited company incorporated in 2019. Its main activity is: Retail sale of food, beverages and tobacco in specialised stores. Its registered office is in Machelen (Brab.).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0721.518.167
Incorporation
25/02/2019
Legal form
Public limited company
Registered office
Bedrijvenzone Machelen-Cargo 703
1830 Machelen (Brab.) · FlandreSee on map
Contributed capital
3 811 500,00 €
Latest accounts
31/03/2026
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20262025202420232022
Income statement
Revenue29 M €24,8 M €21,8 M €18,4 M €5,8 M €
EBITDA585,1 k €770,5 k €702,9 k €51,8 k €225,8 k €
Operating result114,8 k €522,6 k €521,6 k €51,7 k €225,8 k €
Net result280,5 k €273,1 k €157,2 k €127,4 k €208,5 k €
Balance sheet
Equity4,7 M €4,4 M €392,3 k €235,2 k €107,8 k €
Total assets14 M €9,7 M €6,9 M €6,5 M €2,7 M €
Cash1,1 M €692,6 k €212,7 k €0 €84,8 k €
Debts9 M €4,9 M €6,2 M €6,1 M €2,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 7 ended

Active mandates

Asim Ghafoor

Director · since 28 juin 2024 · until 15 septembre 2030

Active
Nicholas Wiley

Director · since 26 janvier 2022 · until 15 septembre 2027

Active
Robin Padgett

Director · since 21 janvier 2021 · until 15 septembre 2026

Active

Ended mandates

Hamish Edward Cook

Mandate · since 25 février 2025 · until 25 février 2025

Ended
Sachin Patiar

Director · since 26 janvier 2022 · until 15 septembre 2027

Ended
David Helm

Director · since 21 janvier 2021 · until 26 janvier 2022

Ended
David Helm

Director · since 21 janvier 2021 · until 15 septembre 2026

Ended

Other companies at this address

Bedrijvenzone Machelen-Cargo 703 1830 Machelen (Brab.)
CompanyCBE no.
ATC AVIATION SERVICES N.V.● Active
0474.685.732
AVIATIONPLUS● Active
0480.659.546
Take Off Aviation● Active
0675.995.572

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202617/09/202523/12/202425/08/202306/10/202224/06/2022
General meeting25/06/202615/09/202515/09/202431/07/202315/09/202215/09/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202625/06/202622/07/2026DutchPDF
Full model31/03/202515/09/202517/09/2025DutchPDF
Abridged model31/03/202415/09/202423/12/2024DutchPDF
Abridged model31/03/202331/07/202325/08/2023DutchPDF
Abridged model31/03/202215/09/202206/10/2022DutchPDF
Abridged modelCorrection31/03/202115/09/202124/06/2022DutchPDF
Abridged model31/03/202115/09/202117/09/2021DutchPDF
Abridged model31/03/202008/10/202021/10/2020DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 7 ended

Active mandates

Asim Ghafoor

Director · since 28 juin 2024 · until 15 septembre 2030

Active
Nicholas Wiley

Director · since 26 janvier 2022 · until 15 septembre 2027

Active
Robin Padgett

Director · since 21 janvier 2021 · until 15 septembre 2026

Active

Ended mandates

Hamish Edward Cook

Mandate · since 25 février 2025 · until 25 février 2025

Ended
Sachin Patiar

Director · since 26 janvier 2022 · until 15 septembre 2027

Ended
David Helm

Director · since 21 janvier 2021 · until 26 janvier 2022

Ended
David Helm

Director · since 21 janvier 2021 · until 15 septembre 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Other08/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2026
    Annual accounts 2026280,5 k €↑
  2. 2025
    Annual accounts 2025273,1 k €↑
  3. 2024
    Annual accounts 2024157,2 k €↑
  4. 2023
    Annual accounts 2023127,4 k €↓
  5. 2022
    Annual accounts 2022208,5 k €↑
  6. 2021
    Annual accounts 2021-136,5 k €↓
  7. 2020
    Annual accounts 2020-25,7 k €
  8. 25/02/2019
    IncorporationPublic limited company