BKD-EXPRESS
ActiveBKD-EXPRESS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €167k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 1845 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (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 = 2023
Profitability89▲+14
Solvency52▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.94 in 2023; short-term debt: 31.9% and cash: 4.4% of total assets), and 72.8% 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 · 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
27.2%
Return on assets
16.2%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
27 d late
2023
1 d early
2022
28 d late
2021
4 d early
2020
10 d early
2019
23 d early
← 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€282k▲ 73.2%
2023 · €163k
2019: €92k
2020: €128k
2021: €153k
2022: €118k
2023: €163k
2019 → 2025
Total assets
€1.04M▲ 12.2%
2023 · €923k
2019: €402k
2020: €765k
2021: €1.09M
2022: €1.10M
2023: €923k
2019 → 2025
Net result
€167k▲ 272%
2023 · €45k
2019: €27k
2020: €36k
2021: €25k
2022: €-36k
2023: €45k
2019 → 2025
Working capital
€5k
2023 · €-18k
2019: €56k
2020: €61k
2021: €-38k
2022: €-127k
2023: €-18k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€128k-€153k▲ 19.6%€118k▼ 23.2%€163k▲ 38.3%€282k▲ 73.2%
Operating result€51k-€52k▲ 1.3%€6k▼ 89.0%€59k▲ 938%€241k▲ 306%
Net result€36k-€25k▼ 29.9%€-36k€45k€167k▲ 272%
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 is €241k in 2025, compared with €59k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.04M
Fixed assets
€701k▲ 8.8%
Current assets
€335k▲ 20.0%
Equity and liabilities €1.04M
Equity
€282k▲ 73.2%
Debt
€754k▼ 0.9%
The debt ratio falls from 82.4% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€339k▲
2023 · €200k
Cash flow
€265k▲
2023 · €186k
Solvency
27.2%▲
2023 · 17.6%
Current ratio
1.01▲
2023 · 0.94
Quick ratio
1.01▲
2023 · 0.79
Debt / equity
2.68▼
2023 · 4.68
ROE
59.5%▲
2023 · 27.7%
ROA
16.2%▲
2023 · 4.9%
Interest coverage
12.24▼
2023 · 23.10
Debt
€754k▼
2023 · €761k
Debt ≤ 1 year
€330k▲
2023 · €297k
Debt > 1 year
€424k▼
2023 · €464k
Income taxes
€47k▲
2023 · €6k
Staff costs
€1.14M▲
2023 · €125k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€923k€1.04M▲
Fixed assets21/28€644k€701k▲
Tangible fixed assets22/27€644k€701k▲
Land and buildings22€430k€567k▲
Plant, machinery and equipment23€6k€11k▲
Furniture and vehicles24€208k€123k▼
Current assets29/58€279k€335k▲
Stocks and contracts in progress3€43k-
Stocks30/36€43k-
Amounts receivable within one year40/41€211k€142k▼
Trade receivables40€157k€61k▼
Other amounts receivable41€54k€82k▲
Cash at bank and in hand54/58€16k€46k▲
Deferred charges and accrued income490/1€8k€147k▲
Equity and liabilities
Total equity and liabilities10/49€923k€1.04M▲
Equity10/15€163k€282k▲
Contributions10/11€6k€6k=
Reserves13€156k€275k▲
Tax-exempt reserves132€31k€31k=
Distributable reserves133€126k€245k▲
Amounts payable17/49€761k€754k▼
Amounts payable after more than one year17€464k€424k▼
Financial debts170/4€464k€424k▼
Amounts payable within one year42/48€297k€330k▲
Current portion of amounts payable after more than one year42-€73k
Financial debts43€154k-
Credit institutions430/8€154k-
Trade debts44€81k€115k▲
Suppliers440/4€81k€115k▲
Taxes, remuneration and social security45€51k€143k▲
Taxes450/3€50k€83k▲
Remuneration and social security454/9€770€59k▲
Other amounts payable47/48€10k-
Income statement
Code20232025
Non-recurring operating income76A-€33k
Remuneration, social security and pensions62€125k€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141k€98k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45k
Other operating charges640/8€17k€12k▼
Gross operating margin9900€342k€1.54M▲
Operating profit (loss)9901€59k€241k▲
Financial income75/76B€201€568▲
Recurring financial income75€201€568▲
Financial charges65/66B€9k€28k▲
Recurring financial charges65€9k€28k▲
Profit (loss) for the period before taxes9903€51k€214k▲
Income taxes67/77€6k€47k▲
Profit (loss) for the period9904€45k€167k▲
Profit (loss) for the period to be appropriated9905€45k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€167k▲
Transfer to equity691/2€45k€167k▲
To other reserves6921€45k€167k▲
Social balance
Average headcount (FTE)90879.028.2▲
The notes to these accounts (9 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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
30-06
Financial
Highest result since 2019net €167k ▲272%
Operating result €241k, net result €167k, both a record.
30-06
Financial
Equity above €200kEq €282k ▲73.2%
2 profitable years in a row build equity to €282k.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
30-06
Financial
Equity above €150kEq €163k ▲38.3%
Equity rises from €118k to €163k.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-36k ▼242%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €150kEq €153k ▲19.6%
3 profitable years in a row build equity to €153k.
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €128k ▲38.8%
2 profitable years in a row build equity to €128k.
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Boechout · 1 establishment unit since 2013
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.
Provinciesteenweg 6602530 BoechoutGround area
465 m²
Building footprint
83 m²
Volume, LiDAR
483 m³
Parcel 11004C0375/00F002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BKD-EXPRESS
since 20132.221.089.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004C0375/00F002 | Flanders | 465 m² | 1 · 83 m² | 9.0 m · 2 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
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
CWMS
BE 0473.451.555
Berlaar · Eq €282k
BONAMI
BE 0741.355.558
Brugge · Eq €282k
AGS Europe
BE 0789.788.945
Antwerpen · Eq €282k
MEUWISSEN TRANSPORT
BE 0884.903.581
Kinrooi · Eq €281k
PETROMA TRANSPORTS
BE 0401.812.602
Seneffe · Eq €281k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,904 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2013
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.