Skip to content

GRUSON AUTOBUS

Active
Public limited companyfounded 1958active for 67 yearsDikkebusseweg 186, 8900 Ieper, BelgiumKBO/BCE: BE 0405.487.120

From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GRUSON AUTOBUS is 1.7% (moderate). The annual accounts of GRUSON AUTOBUS for financial year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €320,892 and a net result of -€301,895. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1,078 sector peers (NACE 49, financial year 2025). The company has been active since 1958 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
GRUSON AUTOBUSActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 27-12-1958 Normal situation
Legal form
Public limited company
Registered office
Dikkebusseweg 186, 8900 Ieper
Activity
Scheduled passenger transport by road NACE 49310and 2 others
Establishment unit
2.004.790.456 8900 Ieper, since 01-12-1958
Financial year end
31 December
Peppol
Reachable since 25-11-2018
Company details

Who decides

Board
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Shareholders
Board & ownership

How it is doing

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Turnover
€6.4m
▲ 4.7%
Loss
€301,895
Equity
€320,892
▼ 32.7%
Total assets
€9.5m
▲ 272%
Staff
61 FTE
▲ 11.3%
2025 accounts 29 days early
Filed on 02-07-2026at the National Bank
Financials
Why 53raises riskEquity €320,892 (3.4% of total assets)Liquidity: current ratio 0.11, cash €379Sector: Land transport and transport via pipelines (NACE 49)Loss of €301,895 (financial year 2025)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 49, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 28-16
equity 3.4% of total assets
Liquidity 0-6
short-term debt 95.8% · cash 0.0%
Profitability 35-31
return on assets -3.2%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 1.1%lowest value 12-2024: 1.1%● unchanged vs 11-2024lowest value 01-2025: 1.1%● unchanged vs 12-2024lowest value 02-2025: 1.1%● unchanged vs 01-2025lowest value 03-2025: 1.1%● unchanged vs 02-2025lowest value 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value
Credit of up to €17,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.11, compared with 0.33 in 2024, below 1; short-term debt: 95.8% and cash: 0% of total assets), and 96.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 9% on solvency, 3% on liquidity, 16% on profitability and 36% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises riskneutral
raises risk · Equity €320,892 (3.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.11, cash €379
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Loss of €301,895 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1078 sector peers (2025).
NBB · sector comparison
Position among 1078 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
35 days early
2023
21 days early
2022
34 days early
2021
40 days early
2020
54 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: From profit to loss in 2025after €86,555 in 2024 -€301,895 View
  • Caution: Among the weakest 9% on net resultsector median €49,407 · 1,076 companies -€301,895 View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 2 left View
  • Positive: 5 years of growth in a rowturnover 2025: €6.4m 5 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded in 2025 €198,000 View

Documents

Annual accounts at the NBB

All 49 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GRUSON AUTOBUS

What is the company number of GRUSON AUTOBUS?
0405.487.120. In Belgium the VAT number is the company number with BE in front: BE 0405.487.120.
Where is GRUSON AUTOBUS based?
The registered office is at Dikkebusseweg 186, 8900 Ieper.Company details
What does GRUSON AUTOBUS do?
According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
What is the legal form of GRUSON AUTOBUS?
Public limited company (NV).
When was GRUSON AUTOBUS founded?
On 27-12-1958.
Is GRUSON AUTOBUS still active?
Yes, GRUSON AUTOBUS is an active enterprise in the KBO register.
How many employees does GRUSON AUTOBUS have?
On average 61 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GRUSON AUTOBUS?
€6.4m in financial year 2025, according to the filed annual accounts.
Is GRUSON AUTOBUS profitable?
In financial year 2025, GRUSON AUTOBUS made a loss of €301,895.
Where can I find the annual accounts of GRUSON AUTOBUS?
GRUSON AUTOBUS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GRUSON AUTOBUS due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to GRUSON AUTOBUS

Go further with this company

How much credit can you give this customer, and on what payment terms?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 support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure