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Active
BE 0755.372.751Private limited companyOpen bankruptcy
Blue Express Logistics
Heirbaan 274 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium· 5 yrs active
Sector: Goederenvervoer over de weg
(49410)
Conclusion
A bankruptcy procedure is open for Blue Express Logistics according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €3k and a net result of €-293.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €3k |
| Net result | €-293 |
| Better than sector | 14% |
| Active | 5 yrs |
Financial profile
9
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
12
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.7% | 28.2% | |
| Net result | €-293 | €22k | |
| Equity | €3k | €176k | |
| Gross operating margin | €8k | €404k | |
| Total assets | €483k | €792k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€4k
-18.3%
21-24
€-293
-
21-24
€525
-87.0%
21-24
€483k
+8.4%
21-24
€3k
-8.2%
21-24
€2k
+42.5%
21-24
€1k
+333.3%
21-24
€479k
+8.5%
21-24
Show 9 other metrics
€79k
+90.8%
21-24
€400k
0.0%
21-24
1.02
-0.7%
21-24
1.02
-0.7%
21-24
0.7%
-15.3%
21-24
145.04
+18.2%
21-24
-8.9%
-
21-24
-0.1%
-
21-24
1.63
-72.4%
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €4k |
| Net profit | €-293 |
| Cash flow | €525 |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €483k |
| Equity | €3k |
| Debt | €479k |
| of which ≤ 1y | €79k |
| of which > 1y | €400k |
| Working capital | €2k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.02 |
| Quick ratio | 1.02 |
| Working capital ratio | 0.4% |
| Solvency | 0.7% |
| Debt / equity | 145.04 |
| Long-term debt ratio | 121.07 |
| Interest coverage | 1.63 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.1% |
| ROE | -8.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €483k |
| Fixed assets | 21/28 | €402k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €400k |
| Current assets | 29/58 | €81k |
| Amounts receivable within one year | 40/41 | €80k |
| Cash & bank | 54/58 | €768 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €483k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €304 |
| Amounts payable | 17/49 | €479k |
| Amounts payable after one year | 17 | €400k |
| Amounts payable within one year | 42/48 | €79k |
| Trade debts payable within one year | 44 | €20k |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €816 |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-293 |
| Result to be appropriated | 9905 | €-293 |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
23-09-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 29-09-2020 |
| Status | Active |
| Postal code | 2070 |
| First BS signal | 29-09-2025 |
| Latest BS signal | 29-09-2025 |
Establishment units
Blue Express Logistics
since 20202.308.479.343
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0083/00V000 | Flanders | 46 m² | 1 · 75 m² | 8.7 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
29-09-2025
Bankruptcy
Opening
29-08-2025
NBB filing
Annual accounts filed
2024
30-07-2024
NBB filing
Annual accounts filed
2023
28-07-2023
NBB filing
Annual accounts filed
2022
05-07-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
29-09-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
| Legal nameNL | Blue Express Logistics |
Registered office
Heirbaan 274
2070 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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