BX EXPRESS
Open bankruptcySummary
A bankruptcy procedure is open for BX EXPRESS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (€-99k) and a net result of €16k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1306 sector peers (2024).
NBB · sector comparisonPosition among 1306 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Turnover
€574k▲ 8.3%
2023 · €530k
2019: €560k
2020: €853k
2021: €577k
2022: €736k
2023: €530k
2019 → 2024
EBIT margin
8.9%▲ 39.1pp
2023 · -30.3%
2019: 2.4%
2020: 3.7%
2021: 1.4%
2022: 0.9%
2023: -30.3%
2019 → 2024
Net result
€16k
2023 · €-161k
2019: €8k
2020: €18k
2021: €3k
2022: €6k
2023: €-161k
2019 → 2024
Working capital
€-108k▲ 14.3%
2023 · €-126k
2019: €-16k
2020: €3k
2021: €19k
2022: €31k
2023: €-126k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€853k-€577k▼ 32.4%€736k▲ 27.5%€530k▼ 28.0%€574k▲ 8.3%
Equity€39k-€41k▲ 6.5%€47k▲ 13.8%€-114k€-99k▲ 13.8%
Operating result€31k-€8k▼ 74.1%€7k▼ 13.9%€-160k€51k
Net result€18k-€3k▼ 86.3%€6k▲ 125%€-161k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €51k after a loss of €160k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€9k ▼ 19.7%
Current assets
€236k ▲ 71.2%
Key figures and ratios
EBITDA
€52k▲
2023 · €-153k
Cash flow
€17k▲
2023 · €-154k
Solvency
-40.2%▲
2023 · -76.6%
Current ratio
0.69▲
2023 · 0.52
Debt to equity
-3.49▼
2023 · -2.31
ROA
6.4%▲
2023 · -107.9%
Interest coverage
83.54▲
2023 · -388.09
Debt
€344k▲
2023 · €264k
Debt ≤ 1 year
€344k▲
2023 · €264k
Income taxes
€33k
Staff costs
€33k▼
2023 · €70k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€149k€245k▲
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€2k€207▼
Furniture and vehicles24€2k€207▼
Financial fixed assets28€9k€9k=
Current assets29/58€138k€236k▲
Amounts receivable within one year40/41€138k€235k▲
Trade receivables40€106k€206k▲
Other amounts receivable41€31k€28k▼
Cash at bank and in hand54/58€449€1k▲
Equity and liabilities
Total equity and liabilities10/49€149k€245k▲
Equity10/15€-114k€-99k▲
Contributions10/11€12k€12k=
Outside capital11€12k€12k=
Share premium1100/10€12k€12k=
Profit (loss) carried forward14€-127k€-111k▲
Amounts payable17/49€264k€344k▲
Amounts payable within one year42/48€264k€344k▲
Trade debts44€160k€270k▲
Suppliers440/4€160k€270k▲
Taxes, remuneration and social security45€99k€72k▼
Taxes450/3€15k€16k▲
Remuneration and social security454/9€84k€55k▼
Other amounts payable47/48€4k€2k▼
Income statement
Code20232024
Turnover70€530k€574k▲
Goods, raw materials, services and sundry goods60/61€611k€489k▼
Remuneration, social security and pensions62€70k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€826▼
Other operating charges640/8€2k-
Gross operating margin9900€-81k€85k▲
Operating profit (loss)9901€-160k€51k▲
Financial income75/76B€7k€4k▼
Recurring financial income75€3k€127▼
Non-recurring financial income76B€4k€4k▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€394€620▲
Non-recurring financial charges66B€7k€6k▼
Profit (loss) for the period before taxes9903€-161k€49k▲
Income taxes67/77-€33k
Profit (loss) for the period9904€-161k€16k▲
Profit (loss) for the period to be appropriated9905€-161k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-127k€-111k▲
Profit (loss) brought forward from the previous period14P€34k€-127k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL BX EXPRESS RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 12-11-2025
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 265 days late
17-01
KBO administration
Address struck
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet €-161k ▼2947%
Net result drops to €-161k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 429 days late
2022
29-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BX EXPRESS SPRL RUE DES ANCIENS ETANGS 40, 1190 FOREST · event 22-07-2022
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Highest result since 2019net €18k ▲136%
Net result €18k, the highest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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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, Vorst
Ground area
1,894 m²
Building footprint
682 m²
Volume, LiDAR
5,046 m³
Parcel 21382C0028/00G003, Brussels · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX,
40/202, 1348 LOUVAIN-LA-NEUVE |
12-11-2025 → present |
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
22-07-2022 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 1,129 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)
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.