COLPAN EXPRESS
ActiveCOLPAN EXPRESS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €444k and a net result of €132k. Equity is growing by ~47.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▲+9
Growth52=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.2 in 2024), but 50.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
49.3%
Return on assets
14.7%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
121 d late
2022
3 d early
2021
1 d early
2020
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€444k▲ 42.4%
2024 · €312k
2020: €57k
2021: €105k
2022: €112k
2023: €212k
2024: €312k
2020 → 2025
Total assets
€902k▲ 37.0%
2024 · €658k
2020: €654k
2021: €743k
2022: €755k
2023: €726k
2024: €658k
2020 → 2025
Net result
€132k▲ 32.1%
2024 · €100k
2020: €162k
2021: €207k
2022: €207k
2023: €100k
2024: €100k
2020 → 2025
Working capital
€211k▲ 202%
2024 · €70k
2020: €-68k
2021: €-44k
2022: €-26k
2023: €-47k
2024: €70k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€112k▲ 7.0%€212k▲ 89.0%€312k▲ 47.3%€444k▲ 42.4%
Operating result€285k-€286k▲ 0.1%€141k▼ 50.6%€140k▼ 1.2%€193k▲ 38.5%
Net result€207k-€207k=€100k▼ 51.9%€100k▲ 0.4%€132k▲ 32.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €902k
Fixed assets
€284k▲ 17.4%
Current assets
€617k▲ 48.4%
Equity and liabilities €902k
Equity
€444k▲ 42.4%
Debt
€457k▲ 32.2%
The debt ratio falls from 52.6% to 50.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€269k▲
2024 · €214k
Cash flow
€208k▲
2024 · €175k
Solvency
49.3%▲
2024 · 47.4%
Current ratio
1.52▲
2024 · 1.20
Quick ratio
1.35▲
2024 · 1.01
Debt / equity
1.03▼
2024 · 1.11
ROE
29.8%▼
2024 · 32.1%
ROA
14.7%▼
2024 · 15.2%
Interest coverage
13.71▼
2024 · 154.08
Debt
€457k▲
2024 · €346k
Debt ≤ 1 year
€406k▲
2024 · €346k
Debt > 1 year
€51k▲
2024 · €0
Income taxes
€41k▲
2024 · €38k
Staff costs
€280k▲
2024 · €273k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€658k€902k▲
Fixed assets21/28€242k€284k▲
Tangible fixed assets22/27€242k€284k▲
Plant, machinery and equipment23€27k€42k▲
Furniture and vehicles24€8k€33k▲
Leasing and similar rights25€5k€0▼
Other tangible fixed assets26€202k€209k▲
Current assets29/58€416k€617k▲
Stocks and contracts in progress3€66k€68k▲
Stocks30/36€66k€68k▲
Amounts receivable within one year40/41€314k€425k▲
Trade receivables40€2k€32k▲
Other amounts receivable41€312k€393k▲
Cash at bank and in hand54/58€34k€122k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€658k€902k▲
Equity10/15€312k€444k▲
Contributions10/11€25k€25k=
Profit (loss) carried forward14€287k€419k▲
Amounts payable17/49€346k€457k▲
Amounts payable after more than one year17€0€51k▲
Financial debts170/4€0€51k▲
Amounts payable within one year42/48€346k€406k▲
Current portion of amounts payable after more than one year42€49k€5k▼
Trade debts44€254k€284k▲
Suppliers440/4€254k€284k▲
Taxes, remuneration and social security45€29k€53k▲
Taxes450/3€0€12k▲
Remuneration and social security454/9€29k€41k▲
Other amounts payable47/48€13k€63k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€273k€280k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€76k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€491k€551k▲
Operating profit (loss)9901€140k€193k▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€1k€20k▲
Recurring financial charges65€1k€20k▲
Profit (loss) for the period before taxes9903€138k€174k▲
Income taxes67/77€38k€41k▲
Profit (loss) for the period9904€100k€132k▲
Profit (loss) for the period to be appropriated9905€100k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€287k€419k▲
Profit (loss) brought forward from the previous period14P€187k€287k▲
Social balance
Average headcount (FTE)90878.28.6▲
The notes to these accounts (22 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 121 days late
2023
30-09
Financial
Weakest financial yearnet €100k ▼51.9%
Net result drops to €100k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €200kEq €212k ▲89%
4 profitable years in a row build equity to €212k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2020net €207k ▲0%
Operating result €286k, net result €207k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €100kEq €105k ▲82.4%
2 profitable years in a row build equity to €105k.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Asse · 1 establishment unit since 2019
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.
Brusselsesteenweg 5111731 AsseGround area
312 m²
Building footprint
273 m²
Volume, LiDAR
1,600 m³
Parcel 23095B0101/00P028, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COLPAN EXPRESS
since 20192.291.896.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0101/00P028 | Flanders | 312 m² | 1 · 273 m² | 11.0 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAsse2.291.896.006
Similar companies · same sector, comparable size
LRH
BE 1006.742.808
Antwerpen · Eq €444k
C.V.S. BELGIUM
BE 0550.619.906
Schaarbeek · Eq €444k
DAD FRERES
BE 0875.280.983
Verlaine · Eq €444k
CREJEN
BE 0436.027.569
Dilsen-Stokkem · Eq €445k
MAENHOUT DISTRIBUTIE
BE 0405.125.349
Oostende · Eq €445k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 3,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-2019
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.