A&F EXPRESS
ActiveA&F EXPRESS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €42k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+14
Solvency56▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.06 in 2024; short-term debt: 56.4% and cash: 27% of total assets), and 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.5%
Return on assets
9.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
2 d late
2024
12 d late
2023
on the day
2022
91 d late
2021
on the day
2020
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€137k▲ 44.1%
2024 · €95k
2020: €26k
2021: €45k
2022: €41k
2023: €89k
2024: €95k
2020 → 2025
Total assets
€435k▼ 8.8%
2024 · €478k
2020: €345k
2021: €395k
2022: €365k
2023: €518k
2024: €478k
2020 → 2025
Net result
€42k▲ 541%
2024 · €7k
2020: €43k
2021: €19k
2022: €72k
2023: €47k
2024: €7k
2020 → 2025
Working capital
€38k▲ 143%
2024 · €16k
2020: €-17k
2021: €-35k
2022: €-55k
2023: €-32k
2024: €16k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€41k▼ 8.1%€89k▲ 113%€95k▲ 7.4%€137k▲ 44.1%
Operating result€36k-€101k▲ 181%€72k▼ 28.2%€23k▼ 68.1%€66k▲ 184%
Net result€19k-€72k▲ 280%€47k▼ 35.0%€7k▼ 86.1%€42k▲ 541%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 184% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€152k▼ 25.3%
Current assets
€284k▲ 3.3%
Equity and liabilities €435k
Equity
€137k▲ 44.1%
Debt
€298k▼ 22.0%
The debt ratio falls from 80.1% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2024 · €75k
Cash flow
€93k▲
2024 · €58k
Solvency
31.5%▲
2024 · 19.9%
Current ratio
1.16▲
2024 · 1.06
Quick ratio
0.86▲
2024 · 0.78
Debt / equity
2.18▼
2024 · 4.02
ROE
30.6%▲
2024 · 6.9%
ROA
9.6%▲
2024 · 1.4%
Interest coverage
9.89▲
2024 · 5.62
Debt
€298k▼
2024 · €383k
Debt ≤ 1 year
€246k▼
2024 · €259k
Debt > 1 year
€53k▼
2024 · €124k
Income taxes
€12k▲
2024 · €3k
Staff costs
€141k▼
2024 · €157k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€478k€435k▼
Fixed assets21/28€203k€152k▼
Tangible fixed assets22/27€202k€151k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€88k€67k▼
Other tangible fixed assets26€105k€77k▼
Financial fixed assets28€890€890=
Current assets29/58€275k€284k▲
Stocks and contracts in progress3€73k€73k=
Stocks30/36€73k€73k=
Amounts receivable within one year40/41€95k€92k▼
Trade receivables40€0-
Other amounts receivable41€95k€92k▼
Cash at bank and in hand54/58€106k€117k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€478k€435k▼
Equity10/15€95k€137k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€76k€118k▲
Amounts payable17/49€383k€298k▼
Amounts payable after more than one year17€124k€53k▼
Financial debts170/4€124k€53k▼
Amounts payable within one year42/48€259k€246k▼
Current portion of amounts payable after more than one year42€37k€37k▼
Trade debts44€177k€150k▼
Suppliers440/4€177k€150k▼
Taxes, remuneration and social security45€32k€43k▲
Taxes450/3€6k€15k▲
Remuneration and social security454/9€27k€28k▲
Other amounts payable47/48€12k€15k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€157k€141k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€8k€4k▼
Gross operating margin9900€240k€262k▲
Operating profit (loss)9901€23k€66k▲
Financial income75/76B€38€0▼
Recurring financial income75€38€0▼
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€10k€54k▲
Income taxes67/77€3k€12k▲
Profit (loss) for the period9904€7k€42k▲
Profit (loss) for the period to be appropriated9905€7k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€118k▲
Profit (loss) brought forward from the previous period14P€70k€76k▲
Social balance
Average headcount (FTE)90874.53.9▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Equity above €100kEq €137k ▲44.1%
6 profitable years in a row build equity to €137k.
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
30-06
Financial
Weakest financial yearnet €7k ▼86.1%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2022
30-06
Financial
Highest result since 2020net €72k ▲280%
Operating result €101k, net result €72k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kasteelpleinstraat 82000 AntwerpenGround area
200 m²
Building footprint
200 m²
Volume, LiDAR
3,224 m³
Parcel 11811L3524/00B000, Flanders · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Express Kasteelpleinstraat
since 20182.282.080.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3524/00B000 | Flanders | 200 m² | 1 · 200 m² | 18.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.282.080.792
Similar companies · same sector, comparable size
SUPLEMINT
BE 0757.794.781
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SPLINTEX
BE 0454.422.729
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DIEET LECLUYSE
BE 0897.428.855
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ONTBIJTCENTRALE
BE 0843.987.793
Scherpenheuvel-Zichem · Eq €138k
LA SEPTIEME TASSE
BE 0865.826.156
Elsene · Eq €139k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-11-2018
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.