Autobus Kruger
ActiveSummary
Autobus Kruger has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.3m and a net result of €734,624. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 1133 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+12
Solvency42▲+1
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity short (current ratio 0.62 against 1.15 in 2023; short-term debt: 34.2% and cash: 6.7% of total assets), and 83% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17%
Return on assets
3.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
5 d early
2022
22 d late
2021
8 d late
2020
44 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#1 company by total assets in Lier, Transport and storage sector#1 company by equity in Lier, Transport and storage sector#6 employer in Lier
Turnover
€19.4m▲ 10.9%
2023 · €17.5m
EBIT margin
6.2%▲ 5.1pp
2023 · 1.2%
Net result
€734,624
2023 · -€32,998
Working capital
-€2.5m
2023 · €538,384
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€14.1m▲ 1.3%€14.8m▲ 4.7%€15.6m▲ 5.7%€17.5m▲ 11.7%€19.4m▲ 10.9%
Operating result€929,620▲ 159%€642,972▼ 30.8%€204,755▼ 68.2%€201,876▼ 1.4%€1.2m▲ 497%
Net result€613,225above the sector's middle half▲ 494%€419,164above the sector's middle half▼ 31.6%-€2,088below the sector's middle half-€32,998below the sector's middle half▼ 1,480%€734,624above the sector's middle half
EBIT margin6.6%▲ 4.0pp4.3%▼ 2.2pp1.3%▼ 3.0pp1.2%▼ 0.2pp6.2%▲ 5.1pp
Equity€2.4mabove the sector's middle half▲ 0.6%€2.4mabove the sector's middle half▲ 1.8%€2.5mabove the sector's middle half▲ 0.7%€2.6mabove the sector's middle half▲ 5.7%€3.3mabove the sector's middle half▲ 27.3%
Total assets€16.0mabove the sector's middle half▼ 7.1%€12.0mabove the sector's middle half▼ 24.6%€10.7mabove the sector's middle half▼ 11.0%€15.8mabove the sector's middle half▲ 47.2%€19.4mabove the sector's middle half▲ 23.1%
Debt€13.4m▼ 8.3%€9.5m▼ 29.4%€8.2m▼ 13.4%€13.1m▲ 59.2%€16.1m▲ 22.8%
Working capital-€817,729below the sector's middle half-€316,454below the sector's middle half▲ 61.3%€402,163within the sector's middle half€538,384within the sector's middle half▲ 33.9%-€2.5mbelow the sector's middle half
Solvency15.0%below the sector's middle half▲ 1.1pp20.2%within the sector's middle half▲ 5.2pp22.9%within the sector's middle half▲ 2.7pp16.4%within the sector's middle half▼ 6.5pp17.0%within the sector's middle half▲ 0.6pp
Current ratio0.87within the sector's middle half▼ 0.490.90below the sector's middle half▲ 0.031.15within the sector's middle half▲ 0.251.15within the sector's middle half▼ 0.010.62below the sector's middle half▼ 0.53
Return on assets (ROA)3.8%within the sector's middle half▲ 3.2pp3.5%within the sector's middle half▼ 0.4pp0.0%within the sector's middle half▼ 3.5pp-0.2%below the sector's middle half▼ 0.2pp3.8%within the sector's middle half▲ 4.0pp
Staff (FTE)133.8above the sector's middle half▲ 7.0%133.3above the sector's middle half▼ 0.4%136.3above the sector's middle half▲ 2.3%161.2above the sector's middle half▲ 18.3%165.6above the sector's middle half▲ 2.7%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 497% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19.4m
Fixed assets
€15.3m ▲ 32.4%
Current assets
€4.1m ▼ 2.2%
Equity and liabilities €19.4m
Equity
€3.3m ▲ 27.3%
Provisions
€77,037 ▼ 31.0%
Debt
€16.1m ▲ 22.8%
Debt's share of the balance-sheet total falls from 82.8% to 82.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.5m▲
2023 · €2.0m
Cash flow
€3.0m▲
2023 · €1.8m
Quick ratio
0.51▼
2023 · 1.08
Debt to equity
4.86▼
2023 · 5.04
ROE
22.2%▲
2023 · -1.3%
Interest coverage
7.05▼
2023 · 8.93
Debt ≤ 1 year
€6.6m▲
2023 · €3.7m
Debt > 1 year
€9.4m▲
2023 · €9.4m
Income taxes
€45▼
2023 · €46
Staff costs
€12.1m▲
2023 · €10.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 734 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.8%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 734 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €15.3m | €15.9m | €18.2m | €20.6m | ▲ 13.1% |
| Turnover70 | €14.1m | €14.8m | €15.6m | €17.5m | €19.4m | ▲ 10.9% |
| Other operating income74 | - | €514,810 | €286,599 | €459,090 | €721,921 | ▲ 57.3% |
| Non-recurring operating income76A | - | - | €73 | €296,291 | €507,932 | ▲ 71.4% |
| Operating charges60/66A | - | €14.7m | €15.7m | €18.0m | €19.4m | ▲ 7.7% |
| Goods for resale, raw materials and consumables60 | - | €2.3m | €2.6m | €3.1m | €2.8m | ▼ 8.2% |
| Purchases600/8 | - | €2.3m | €2.7m | €3.0m | €3.4m | ▲ 11.3% |
| Change in stocks: decrease (increase)609 | - | €2,466 | -€105,500 | €55,316 | -€537,359 | ▼ 1,071% |
| Services and other goods61 | - | €2.1m | €2.2m | €2.4m | €2.2m | ▼ 5.4% |
| Remuneration, social security and pensions62 | - | €8.3m | €9.0m | €10.8m | €12.1m | ▲ 12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.8m | €1.9m | €2.0m | €1.8m | €2.3m | ▲ 26.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€18,328 | -€75,472 | -€8,262 | -€26,386 | ▼ 219% |
| Other operating charges640/8 | - | €32,533 | €6,264 | €6,966 | €10,000 | ▲ 43.6% |
| Non-recurring operating charges66A | - | - | €2,894 | €14,529 | €3,014 | ▼ 79.3% |
| Operating profit (loss)9901 | €929,620 | €642,972 | €204,755 | €201,876 | €1.2m | ▲ 497% |
| Financial income75/76B | - | €3,166 | €1,503 | €6,374 | €25,044 | ▲ 293% |
| Recurring financial income75 | €2,080 | €3,166 | €1,503 | €6,374 | €25,044 | ▲ 293% |
| Income from current assets751 | - | €1,216 | €109 | €0 | - | - |
| Other financial income752/9 | - | €1,951 | €1,394 | €6,374 | €25,044 | ▲ 293% |
| Financial charges65/66B | - | €193,445 | €182,345 | €243,327 | €504,480 | ▲ 107% |
| Recurring financial charges65 | €225,172 | €193,445 | €182,345 | €243,327 | €504,480 | ▲ 107% |
| Debt charges650 | €218,712 | €187,419 | €174,519 | €225,466 | €495,666 | ▲ 120% |
| Other financial charges652/9 | - | €6,026 | €7,825 | €17,861 | €8,814 | ▼ 50.7% |
| Profit (loss) for the period before taxes9903 | €706,528 | €452,693 | €23,913 | -€35,077 | €726,426 | ▲ 2,171% |
| Transfer from deferred taxes780 | - | - | - | €2,125 | €8,242 | ▲ 288% |
| Income taxes67/77 | €93,303 | €33,529 | €26,001 | €46 | €45 | ▼ 3.1% |
| Taxes670/3 | - | €34,623 | €26,001 | €46 | €91 | ▲ 96.9% |
| Tax adjustments and reversals of tax provisions77 | - | €1,095 | - | - | €46 | - |
| Profit (loss) for the period9904 | €613,225 | €419,164 | -€2,088 | -€32,998 | €734,624 | ▲ 2,326% |
| Transfer to tax-exempt reserves689 | - | - | - | €533,512 | €498,800 | ▼ 6.5% |
| Profit (loss) for the period to be appropriated9905 | €600,225 | €419,164 | -€2,088 | -€566,510 | €235,824 | ▲ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16.0m | €12.0m | €10.7m | €15.8m | €19.4m | ▲ 23.1% |
| Fixed assets21/28 | €10.4m | €9.2m | €7.7m | €11.6m | €15.3m | ▲ 32.4% |
| Intangible fixed assets21 | - | - | - | €196,694 | €151,560 | ▼ 22.9% |
| Tangible fixed assets22/27 | €10.4m | €9.2m | €7.7m | €11.4m | €15.2m | ▲ 33.3% |
| Plant, machinery and equipment23 | - | €272,930 | €395,035 | €213,533 | €175,290 | ▼ 17.9% |
| Furniture and vehicles24 | - | €3.3m | €2.0m | €6.6m | €10.9m | ▲ 64.6% |
| Leasing and similar rights25 | - | €5.4m | €5.0m | €4.5m | €4.0m | ▼ 10.3% |
| Other tangible fixed assets26 | - | €24,601 | €21,514 | €18,428 | €15,341 | ▼ 16.8% |
| Assets under construction and advance payments27 | - | €154,483 | €297,538 | €0 | - | - |
| Financial fixed assets28 | €2,576 | €2,576 | €1,653 | €1,653 | €1,653 | = |
| Other financial fixed assets284/8 | - | €2,576 | €1,653 | €1,653 | €1,653 | = |
| Shares284 | - | €923 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €1,653 | €1,653 | €1,653 | €1,653 | = |
| Current assets29/58 | €5.6m | €2.8m | €3.0m | €4.2m | €4.1m | ▼ 2.2% |
| Stocks and contracts in progress3 | €178,896 | €176,430 | €281,930 | €226,615 | €763,974 | ▲ 237% |
| Stocks30/36 | - | €176,430 | €281,930 | €226,615 | €763,974 | ▲ 237% |
| Raw materials and consumables30/31 | - | €176,430 | €281,930 | €226,615 | €763,974 | ▲ 237% |
| Amounts receivable within one year40/41 | €1.5m | €1.7m | €1.6m | €2.1m | €2.0m | ▼ 6.0% |
| Trade receivables40 | - | €1.4m | €1.4m | €1.7m | €2.0m | ▲ 13.8% |
| Other amounts receivable41 | - | €357,478 | €207,789 | €405,625 | €39,662 | ▼ 90.2% |
| Current investments50/53 | - | €500,000 | - | - | - | - |
| Other investments51/53 | - | €500,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €3.9m | €391,210 | €1.2m | €1.8m | €1.3m | ▼ 26.7% |
| Deferred charges and accrued income490/1 | - | €25,491 | - | €75,040 | €49,143 | ▼ 34.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16.0m | €12.0m | €10.7m | €15.8m | €19.4m | ▲ 23.1% |
| Equity10/15 | €2.4m | €2.4m | €2.5m | €2.6m | €3.3m | ▲ 27.3% |
| Contributions10/11 | - | €547,937 | €547,937 | €547,937 | €547,937 | = |
| Revaluation surpluses12 | - | €5,730 | €5,730 | €5,730 | €5,730 | = |
| Reserves13 | €1.8m | €1.9m | €1.9m | €1.9m | €2.6m | ▲ 39.7% |
| Non-distributable reserves130/1 | - | €54,794 | €54,794 | €54,794 | €54,794 | = |
| Reserves not available under the articles1311 | - | €54,794 | €54,794 | €54,794 | €54,794 | = |
| Tax-exempt reserves132 | - | €513,109 | €513,109 | €1.0m | €1.5m | ▲ 47.7% |
| Distributable reserves133 | - | €1.3m | €1.3m | €749,134 | €984,958 | ▲ 31.5% |
| Investment grants15 | - | - | €18,947 | €191,626 | €166,899 | ▼ 12.9% |
| Provisions and deferred taxes16 | €149,852 | €131,524 | €56,052 | €111,665 | €77,037 | ▼ 31.0% |
| Provisions for liabilities and charges160/5 | - | €131,524 | €56,052 | €47,790 | €21,404 | ▼ 55.2% |
| Major repairs and maintenance162 | - | €131,524 | €56,052 | €47,790 | €21,404 | ▼ 55.2% |
| Deferred taxes168 | - | - | - | €63,875 | €55,633 | ▼ 12.9% |
| Amounts payable17/49 | €13.4m | €9.5m | €8.2m | €13.1m | €16.1m | ▲ 22.8% |
| Amounts payable after more than one year17 | €7.0m | €6.3m | €5.6m | €9.4m | €9.4m | ▲ 0.1% |
| Financial debts170/4 | - | €6.3m | €5.6m | €9.4m | €9.4m | ▲ 0.1% |
| Leasing and similar obligations172 | - | €5.1m | €4.7m | €4.2m | €3.8m | ▼ 10.5% |
| Credit institutions173 | - | €1.3m | €910,286 | €5.2m | €5.6m | ▲ 8.8% |
| Amounts payable within one year42/48 | €6.4m | €3.1m | €2.6m | €3.7m | €6.6m | ▲ 80.7% |
| Current portion of amounts payable after more than one year42 | - | €750,649 | €762,943 | €1.4m | €1.8m | ▲ 29.5% |
| Trade debts44 | €427,346 | €561,099 | €559,222 | €634,000 | €520,052 | ▼ 18.0% |
| Suppliers440/4 | - | €561,099 | €559,222 | €634,000 | €520,052 | ▼ 18.0% |
| Taxes, remuneration and social security45 | - | €1.2m | €1.3m | €1.6m | €1.8m | ▲ 7.9% |
| Taxes450/3 | - | €177,474 | €216,582 | €241,740 | €287,366 | ▲ 18.9% |
| Remuneration and social security454/9 | - | €1.0m | €1.1m | €1.4m | €1.5m | ▲ 6.0% |
| Other amounts payable47/48 | - | €635,000 | - | - | €2.5m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €613,225 | €419,164 | -€2,088 | -€32,998 | €734,624 | ▲ 2,326% |
| + Depreciation and write-downs630 | €1.8m | €1.9m | €2.0m | €1.8m | €2.3m | ▲ 26.2% |
| Operating cash flow (approximation) | €2.4m | €2.3m | €2.0m | €1.8m | €3.0m | ▲ 69.8% |
| Investment in fixed assets (approximation) | - | -€736,807 | -€440,630 | -€5.7m | -€6.0m | ▼ 5.8% |
| Change in cash | - | -€3.5m | €767,094 | €622,435 | -€475,846 | ▼ 176% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €734,624
Net result €734,624 after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€32,998
Net result drops to -€32,998, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €2mEq €2.4m ▲19.4%
2 profitable years in a row build equity to €2.4m.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 1939
Ground area
2.6 ha
Building footprint
2,669 m²
Parcel 12392A1000/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Kelderveld 16, 2500 Lier
since 19392.013.872.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A1000/00A000 | Flanders | 2.6 ha | 1 · 2,669 m² | 0.0 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- BEHEERSMAATSCHAPPIJ F.A.R.
- Autobus Kruger
Highest known parent: BEHEERSMAATSCHAPPIJ F.A.R.. The sources do not say who stands above it.
Owners 1
-
99.2%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 456,598 EUR awarded · 454,358 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -51,978 EUR | 16,401 EUR |
| 2024 | 2 | -116,829 EUR | 42,771 EUR |
| 2023 | 3 | 580,372 EUR | 361,409 EUR |
| 2022 | 3 | 45,033 EUR | 33,777 EUR |
Similar companies · same sector, comparable size
DE MORGENSTOND
BE 0405.593.622
Tongeren-Borgloon · Eq €3,291,804
B. & C.
BE 0438.495.329
Turnhout · Eq €3,238,434
BEGONIA REIZEN
BE 0418.533.521
Lochristi · Eq €3,459,401
VAN MULLEM en Zonen
BE 0400.984.538
Tienen · Eq €3,124,939
DE TURCK
BE 0440.248.752
Geraardsbergen · Eq €3,514,322
Of 6,971 companies in sector 49320 we hold annual accounts for 2,715. 275 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404030833
Registered
05-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.