Financials
- Fiscal year
- 2024
- Total assets
- €6,231
- Loss
- -€20,411
- Solvency
- -1216.0%
Total assets▼ 80.2%
Net result
20182024
CITY EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of CITY EXPRESS is 9.9% (elevated). The 2024 annual accounts show negative equity (-€75,771) and a net result of -€20,411. Equity is shrinking by ~36.8% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known
Size
€6,231total assets 2024
- Equity
- -€75,771
- Loss
- -€20,411
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 29- Figures for FY 2024 (filed 22-08-2025)- No establishment unit in the KBO- No main activity registered+ Size: total assets €6,231Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 6% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -1216.0% of total assets
Liquidity
0-2
short-term debt 1316.0% · cash 0.3%
Profitability
0-22
return on assets -327.6%
Bankruptcy probability, 12 months
9.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 10.6%
12-2024: 12.4%▲ +17.1% vs 11-2024
01-2025: 15.8%▲ +27.6% vs 12-2024
02-2025: 15.8%● 0.0% vs 01-2025
03-2025: 16.9%▲ +6.8% vs 02-2025
04-2025: 16.3%▼ -3.3% vs 03-2025
05-2025: 16.3%● 0.0% vs 04-2025
06-2025: 16.1%▼ -1.4% vs 05-2025
07-2025: 16.1%● 0.0% vs 06-2025
08-2025: 22.2%▲ +38.0% vs 07-2025highest value
09-2025: 5.2%▼ -76.5% vs 08-2025
10-2025: 5.2%● 0.0% vs 09-2025
11-2025: 5.2%● 0.0% vs 10-2025
12-2025: 5.2%● 0.0% vs 11-2025
01-2026: 5.2%● 0.0% vs 12-2025
02-2026: 5.2%● 0.0% vs 01-2026
03-2026: 5.4%▲ +4.0% vs 02-2026
04-2026: 5.4%▼ -0.4% vs 03-2026
05-2026: 5.1%▼ -5.5% vs 04-2026lowest value
06-2026: 5.1%● 0.0% vs 05-2026lowest value
07-2026: 5.3%▲ +3.9% vs 06-2026
08-2026: 6.5%▲ +22.9% vs 07-2026
09-2026: 7.1%▲ +8.9% vs 08-2026
10-2026: 9.9%▲ +39.3% vs 09-2026
- Size: total assets €6,231 lowers the probability for this profile
- Figures for FY 2024 (filed 22-08-2025) raises the probability
- No establishment unit in the KBO raises the probability
- No main activity registered raises the probability
No credit on open account
Liquidity short (current ratio 0.0 against 0.29 in 2023; cash: 0.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 4%, profitability 4%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€75,771
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
408 d late
2022
4 d early
2021
116 d late
2020
165 d late
2019
329 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 173 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€20,411
Key points
By topic
Timeline
- Events
- 10
- Since
- 2017
- 12-09-2025Annual accounts filed
- 22-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Legal form
- Private limited company (pre-2019)
- Founded
- 19-11-2015
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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