Active BE 0466.860.802Private limited company (pre-2019)

C-EXPRESS

Zuidleiestraat 14 F ·9880 Aalter, Belgium· 26 yrs active

Sector: NACE 52250 (52250)

Conclusion Checked

The file of C-EXPRESS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.4% (low). The 2019 annual accounts show equity of €35k and a net result of €23k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€35k
Net result	€23k
Staff (FTE)	14
Active	26 yrs

Snowflake analysis 5 axes · computed by Checked

67 / 100

Strong profile, led by profitability.

Health 58

Profitability 100

Solvency 16

Growth 78

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

1.4% Low

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Higher-failure-rate sector +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

20 / 100

Moderate risk

Components

· 2 historical bankruptcy publications (+20)

Trust signals 1 signals

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2019 · computed

58 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 07-08-2020 with the NBB · fiscal year 2019 · verkort

Operating resultNet result

EBITDA

€187k

-21.9% 18-19

Net profit

€23k

- 18-19

Cash flow

€88k

+408.8% 18-19

Total assets

€699k

-21.2% 18-19

Equity

€35k

- 18-19

Working capital

€-110k

+54.8% 18-19

Employees (FTE)

14

0.0% 18-19

Debt

€664k

-31.4% 18-19

Debt ≤ 1y

€664k

-30.1% 18-19

Debt > 1y

€18k

- 18-19

Current ratio

0.83

+12.2% 18-19

Quick ratio

0.82

+10.9% 18-19

Solvency

5.0%

- 18-19

Debt / equity

-0.22

- 18-19

ROE

66.2%

-42.3% 18-19

ROA

3.3%

- 18-19

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	-
EBITDA	€187k
Net profit	€23k
Cash flow	€88k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€699k
Equity	€35k
Debt	€664k
of which ≤ 1y	€664k
of which > 1y	-
Working capital	€-110k
Employees (FTE)	14.0

Ratios (computed)

	2019
Current ratio	0.83
Quick ratio	0.82
Working capital ratio	-15.8%
Solvency	5.0%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	3.3%
ROE	66.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €145k · 20.8% Current assets €554k · 79.2%

Equity & liabilities

Equity €35k · 5.0% Debt €664k · 95.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€699k
Fixed assets	21/28	€145k
Intangible fixed assets	21	€17k
Tangible fixed assets	22/27	€23k
Financial fixed assets	28	€105k
Current assets	29/58	€554k
Stocks & contracts in progress	3	€7k
Amounts receivable within one year	40/41	€446k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€699k
Equity	10/15	€35k
Contributions / capital	10/11	€6k
Reserves	13	€6k
Accumulated profits (losses)	14	€23k
Amounts payable	17/49	€664k
Amounts payable within one year	42/48	€664k
Trade debts payable within one year	44	€35k
Income statement
Gross operating margin	9900	€799k
Operating result	9901	€122k
Financial income	75	€323
Financial charges	65	€7k
Result before taxes	9903	€116k
Net result for the period	9904	€116k
Result to be appropriated	9905	€116k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JORIS DE SMET BRUUL 27, 9630 11 ZWALM-	30-11-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	52250
Legal form	Private limited company (pre-2019)(015)
Incorporation	15-09-1999
Status	Active
Postal code	9880
First BS signal	09-12-2021
Latest BS signal	08-07-2026

Company structure, linked entities1 linked entities

Mandates

Real-estate footprint Source: CBE × cadastre

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.
44001B0004/00L000	Flanders	9,714 m²	1 · 5,150 m²	-

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 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

08-07-2026

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Gent, afdeling Gent · C-EXPRESS BV ZUID- LEIESTRAAT 14 F, 9880 AALTER · event 30-06-2026

2021

09-12-2021

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · C-EXPRESS BV ZUIDLEIEST- RAAT 14 F, 9880 AALTER · event 30-11-2021

2020

07-08-2020