Sector · NACE 4931

Scheduled passenger transport by road

579 Belgian companies whose main activity falls under NACE code 4931 have filed annual accounts. Their median solvency is 42.5% for financial year 2024.

Companies579
Median solvency42.5%
Median equity35,642 €
Median headcount (FTE)11.1
Founded in the last 3 years94

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 18.6%42.5%69.3% 435
Current ratio 0.661.132.15 421
ROE -1.5%10.2%32.9% 372
Equity 9,251 €35,642 €235,438 € 443
Total assets 36,636 €96,400 €693,745 € 440
Net result −2,610 €5,032 €26,520 € 442
Headcount (avg FTE) 2.811.139.6 169

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Scheduled passenger transport by road

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Societe DES Transports Intercommunaux DE Bruxelles 1000 Brussels €3.47bn €240.6m €3.00bn 10,277.5 2025
2 Vlaamse Vervoermaatschappij - De Lijn 2800 Mechelen €3.09bn €1.42bn €2.25bn 7,637.1 2025
3 Operateur DE Transport DE Wallonie 5100 Namur €1.91bn €66.4m €877.2m 6,183.2 2025
4 A. De Voeght en Cie 1910 Kampenhout €46.3m €19.1m −€2.62m 152.6 2025
5 Staca 3070 Kortenberg €38.0m €15.2m €24.1m 135.1 2025
6 Eurobussing Brussels 1120 Brussels €35.3m €23.8m €20.5m 171.4 2025
7 Geenens 7880 Flobecq €31.5m €16.8m €5.01m 129.1 2025
8 Transports Penning 6730 Tintigny €29.0m €34.7m €11.3m 292.2 2025
9 Autobus Kruger 2500 Lier €26.4m €24.0m €3.30m 212.7 2025
10 Ferry Cars 9900 Eeklo €25.6m €8.21m €12.6m 46.6 2025
11 Autobusbedrijf Bronckaers 3600 Genk €25.4m €12.8m €14.2m 106.0 2025
12 Etablissements François Cardona & Deltenre 1400 Nivelles €25.3m €18.4m €15.1m 171.0 2025
13 Intratours 1840 Londerzeel €18.8m €10.1m €3.94m 67.5 2024
14 Modern Toerisme 1702 Dilbeek €16.9m €12.3m €6.54m 115.4 2025
15 De Duinen 2200 Herentals €16.5m €12.8m €4.42m 92.6 2025
16 Compagnie des Autobus liégeois 4140 Sprimont €15.1m €12.7m €9.69m 100.8 2025
17 DE Decker 1840 Londerzeel €14.7m €8.91m €8.60m 65.2 2024
18 VAN MULLEM en Zonen 3300 Tienen €14.5m €21.1m €3.12m 163.4 2025
19 Autobusbedrijf Gustaaf Mebis en co 3500 Hasselt €13.5m €11.5m €9.74m 75.2 2025
20 Coach Partners West-Vlaanderen 8500 Kortrijk €13.4m €18.4m €3.84m 140.3 2025

Where are they based?

  • Brussels-Capital257
  • Flemish Brabant95
  • Hainaut41
  • East Flanders38
  • Antwerp38
  • Liège30
  • West Flanders27
  • Limburg19
  • Walloon Brabant17
  • Namur11
  • Luxembourg5

Municipalities with the most

Related sectors

← The whole Land transport and transport via pipelines sector (NACE 49)

Frequently asked questions

How many Scheduled passenger transport by road companies are there in Belgium?

579 Belgian companies whose main activity falls under NACE code 4931 (Scheduled passenger transport by road) have filed annual accounts with the National Bank.

What is the median solvency in Scheduled passenger transport by road?

For financial year 2024, median solvency (equity over total assets) is 42.5%. The middle half of companies lies between 18.6% and 69.3% (435 companies).

What is the largest company in Scheduled passenger transport by road?

By total assets, it is Societe DES Transports Intercommunaux DE Bruxelles (€3.47bn, financial year 2025).

Where are Scheduled passenger transport by road companies based?

The municipalities with the most: Anderlecht (43), Molenbeek-Saint-Jean (43), Brussels (32).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 10 Oct 2026.