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VAN MULLEM en Zonen

Active
Private limited companyfounded 1966active for 59 yearsIndustriepark 18, 3300 Tienen, BelgiumKBO/BCE: BE 0400.984.538
Summary

VAN MULLEM en Zonen has been active since 1966 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €247,725, of which €1.0m non-recurring income. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 28% of 1,075 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
VAN MULLEM en ZonenActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Activity
Non-scheduled passenger transport by road
NACE 49320Scheduled passenger transport by road NACE 49310
Largest company by total assets in Tienen, Transport and storage sector5 sites
Size
€21.1mturnover 2025
Staff
163.4 FTE
Equity
€3.1m
Profit
€247,725
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Autobussen P. Van Mullem · 99.97%
Holdings
1
  • GROEP S.P.V.Director · permanent representative VAN PEE Johannes
  • TIMUCOLDirector · permanent representative VAN MULLEM Olivier
Auditor: Foederer Bedrijfsrevisoren2025 accounts filed 26 days late4 of 8 deeds summarised
Why 83raises riskSector: Land transport and transport via pipelines (NACE 49)Equity €3.1m (21.6% of total assets)lowers riskLiquidity: current ratio 0.54, cash €2.4mFounded in 1966Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 49, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 47-1
equity 21.6% of total assets
Liquidity 38+3
short-term debt 62.9% · cash 16.5%
Profitability 64-12
return on assets 1.7%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.8%▲ +0.3 percentage points vs 12-2024 02-2025: 1.7%▼ -0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.8%▲ +0.1 percentage points vs 05-2025 07-2025: 2.0%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -1.7 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.4%▼ -0.3 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.54, compared with 0.55 in 2024, below 1; short-term debt: 62.9% and cash: 16.5% of total assets), and 78.4% 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 34% on solvency, 52% on liquidity, 42% on profitability and 77% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Equity €3.1m (21.6% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.54, cash €2.4m
NBB · annual accounts
lowers risk · Founded in 1966
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.1m
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
20 days early
2023
5 days early
2022
24 days early
2021
31 days late
2020
2 days early
2019
60 days late
← 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 9 days after 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 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Appointment: Foederer DFK Bedrijfsrevisoren BV (statutory…Permanent representatives: Pascal Daelemans and…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Largest company by total assets in Tienen, Transport and storage sectorin the Checked rankings No. 1 View
  • Positive: Staff rose in 2025from 98.7 FTE to 163.4 FTE ▲ 65.6% View
  • Positive: 4 years of growth in a rowturnover 2025: €21.1m 4 years View
  • Controlled by Autobussen P. Van Mullem 99.97% View
  • Active since 1966founded 31-12-1966 59 years View
  • Flemish supportawarded from 2022 to 2025 €142,104 View

By topic

Financials

Financial year
2025
Turnover
€21.1m
Profit
€247,725
Solvency
21.6%
Turnover▲ 39.2%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Autobussen P. Van Mullem · 99.97%
Auditor
Foederer Bedrijfsrevisoren
  • GROEP S.P.V.Director
  • TIMUCOLDirector
Go to Board & ownership

Timeline

Events
57
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 26-07-2024Annual accounts filed
  3. 02-02-2024Resignations: TIMUCOL, VAN PEE PROFESSIONAL SERVICES and…
Go to Timeline

Company details

Sites
5
Legal form
Private limited company
Activity
Non-scheduled passenger transport by roadNACE 49320
Founded
31-12-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Purpose
“Het inrichten en verzekeren van alle vervoer; Het herstellen,het vervaardigen en de handel…” (deed in Dutch)
Go to Articles of association

Key facts about VAN MULLEM en Zonen

What is the company number of VAN MULLEM en Zonen?
0400.984.538. In Belgium the VAT number is the company number with BE in front: BE 0400.984.538.
Where is VAN MULLEM en Zonen based?
The registered office is at Industriepark 18, 3300 Tienen.Company details
What does VAN MULLEM en Zonen do?
According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of VAN MULLEM en Zonen?
Private limited company (BV).
When was VAN MULLEM en Zonen founded?
On 31-12-1966.
Is VAN MULLEM en Zonen still active?
Yes, VAN MULLEM en Zonen is an active enterprise in the KBO register.
How many employees does VAN MULLEM en Zonen have?
On average 163.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VAN MULLEM en Zonen?
€21.1m in financial year 2025, according to the filed annual accounts.
Is VAN MULLEM en Zonen profitable?
In financial year 2025, VAN MULLEM en Zonen made a profit of €247,725.
Where can I find the annual accounts of VAN MULLEM en Zonen?
VAN MULLEM en Zonen filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAN MULLEM en Zonen due?
By 31-07-2027, for financial year 2026.Timeline

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