AM EXPRESS
ActiveSummary
AM EXPRESS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €24k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 1851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+15
Solvency58▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.62 in 2024; short-term debt: 64.4% and cash: 41.6% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 49
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
32.8%
Return on assets
5.6%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
on the day
2022
4 d early
2021
on the day
2020
3 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€143k▼ 37.5%
2024 · €228k
2019: €83k
2020: €129k
2021: €114k
2022: €158k
2023: €222k
2024: €228k
2019 → 2025
Total assets
€435k▼ 22.1%
2024 · €559k
2019: €267k
2020: €359k
2021: €264k
2022: €349k
2023: €408k
2024: €559k
2019 → 2025
Net result
€24k▲ 309%
2024 · €6k
2019: €64k
2020: €46k
2021: €-15k
2022: €45k
2023: €64k
2024: €6k
2019 → 2025
Working capital
€107k▼ 48.1%
2024 · €205k
2019: €82k
2020: €116k
2021: €101k
2022: €147k
2023: €215k
2024: €205k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€114k-€158k▲ 38.9%€222k▲ 40.7%€228k▲ 2.7%€143k▼ 37.5%
Operating result€-13k-€56k€86k▲ 53.3%€9k▼ 89.6%€35k▲ 285%
Net result€-15k-€45k€64k▲ 44.3%€6k▼ 90.7%€24k▲ 309%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 285% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€48k ▲ 109%
Current assets
€387k ▼ 27.8%
Equity and liabilities €435k
Equity
€143k ▼ 37.5%
Debt
€293k ▼ 11.5%
Debt's share of the balance-sheet total rises from 59.1% to 67.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45k▲
2024 · €12k
Cash flow
€35k▲
2024 · €9k
Current ratio
1.38▼
2024 · 1.62
Debt to equity
2.05▲
2024 · 1.45
ROE
17.2%▲
2024 · 2.6%
ROA
5.6%▲
2024 · 1.1%
Interest coverage
20.59▲
2024 · 4.93
Debt ≤ 1 year
€280k▼
2024 · €331k
Debt > 1 year
€12k
Income taxes
€9k▲
2024 · €631
Staff costs
€323k▲
2024 · €263k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€559k€435k▼
Fixed assets21/28€23k€48k▲
Tangible fixed assets22/27€23k€48k▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€17k€44k▲
Current assets29/58€536k€387k▼
Amounts receivable within one year40/41€214k€172k▼
Trade receivables40€182k€148k▼
Other amounts receivable41€33k€24k▼
Current investments50/53€10k€25k▲
Cash at bank and in hand54/58€305k€181k▼
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€559k€435k▼
Equity10/15€228k€143k▼
Contributions10/11€19k€19k=
Reserves13€210k€124k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€208k€124k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€331k€293k▼
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€331k€280k▼
Current portion of amounts payable after more than one year42-€9k
Trade debts44€288k€85k▼
Suppliers440/4€288k€85k▼
Taxes, remuneration and social security45€31k€63k▲
Taxes450/3€10k€38k▲
Remuneration and social security454/9€20k€25k▲
Other amounts payable47/48€12k€123k▲
Income statement
Code20242025
Remuneration, social security and pensions62€263k€323k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€19k€28k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€294k€396k▲
Operating profit (loss)9901€9k€35k▲
Financial income75/76B€161€726▲
Recurring financial income75€161€726▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€7k€33k▲
Income taxes67/77€631€9k▲
Profit (loss) for the period9904€6k€24k▲
Profit (loss) for the period to be appropriated9905€6k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€24k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€110k
Transfer to equity691/2€6k€24k▲
To other reserves6921€6k€24k▲
Profit to be distributed694/7-€110k
Return on contributions (dividend)694-€110k
Social balance
Average headcount (FTE)9087-9.3
The notes to these accounts (11 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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €64k ▲44.3%
Net result €64k, the highest in the series.
30-06
Financial
Equity above €200kEq €222k ▲40.7%
2 profitable years in a row build equity to €222k.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
30-06
Financial
Equity above €150kEq €158k ▲38.9%
Equity rises from €114k to €158k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-15k ▼133%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €129k ▲56%
2 profitable years in a row build equity to €129k.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Menen · 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.
Moeskroenstraat 8028930 MenenGround area
194 m²
Building footprint
156 m²
Volume, LiDAR
1,535 m³
Parcel 34032A0292/00C006, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AM EXPRESS
since 20182.274.724.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032A0292/00C006 | Flanders | 194 m² | 1 · 156 m² | 12.3 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 50,006 EUR awarded · 50,006 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,181 EUR | 10,181 EUR |
| 2024 | 1 | 11,967 EUR | 11,967 EUR |
| 2023 | 1 | 14,797 EUR | 14,797 EUR |
| 2022 | 1 | 13,061 EUR | 13,061 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
KAMTRANS
BE 0707.891.944
Antwerpen · Eq €142,599
CRN
BE 0795.305.473
Willebroek · Eq €142,576
SIS INVEST
BE 0550.495.586
Vorst · Eq €142,498
EURO TRANS EXPRESS
BE 0445.466.857
Dison · Eq €142,298
FAIR-LOGISTICS
BE 0744.739.670
Antwerpen · Eq €143,026
Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 6,375 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
53200Other postal and courier activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.