EGY XPRESS

Active

Private limited company (pre-2019)founded 200817 yrs activeJachtlaan 135, 1040 Etterbeek, BelgiumKBO/BCE: BE 0807.527.275

The computed 12-month bankruptcy probability of EGY XPRESS is 3.2% (moderate). The 2024 annual accounts show equity of €1k and a net result of €-339. Equity is shrinking by ~22.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 1307 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

32 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability28▼-21

Solvency40▼-2

Growth66▼-5

Track record100

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.01 against 0.11 in 2023; short-term debt: 85% and cash: 0.7% of total assets), and 85% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 52

Relative position

BE, all sectors

reference

Sector 52

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

15%

Return on assets

-3.6%

Age of the figures

21 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

49 d early

2023

100 d early

2022

81 d early

2021

62 d early

2020

22 d early

2019

11 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€30k▼ 17.7%

2023 · €36k

2018: €26k 2019: €77k 2020: €18k 2021: €14k 2022: €30k 2023: €36k

2018 → 2024

EBIT margin

-0.3%▼ 1.6pp

2023 · 1.3%

2018: -23.3% 2019: 71.0% 2020: -36.3% 2021: -7.6% 2022: -5.4% 2023: 1.3%

2018 → 2024

Net result

€-339

2023 · €240

2018: €-6k 2019: €53k 2020: €-7k 2021: €-1k 2022: €-2k 2023: €240

2018 → 2024

Working capital

€-8k▼ 4.5%

2023 · €-7k

2018: €-51k 2019: €-4k 2020: €-6k 2021: €-7k 2022: €-8k 2023: €-7k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€18k-€14k▼ 24.6%€30k▲ 123%€36k▲ 19.2%€30k▼ 17.7%

Equity€4k-€3k▼ 27.0%€1k▼ 53.2%€2k▲ 16.1%€1k▼ 19.5%

Operating result€-7k-€-1k▲ 84.3%€-2k▼ 59.6%€466€-97

Net result€-7k-€-1k▲ 83.2%€-2k▼ 44.0%€240€-339

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €97 after €466 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €9k

99.3%

Fixed assets €9k=

Current assets €68▼ 92.9%

Equity and liabilities €9k

15.0%

85.0%

Equity €1k▼ 19.5%

Debt €8k▼ 6.6%

The debt ratio rises from 83.0% to 85.0%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Solvency

15.0%▼

2023 · 17.0%

Current ratio

0.01▼

2023 · 0.11

Quick ratio

0.01▼

2023 · 0.11

Debt / equity

5.66▲

2023 · 4.88

ROE

-24.3%▼

2023 · 13.8%

ROA

-3.6%▼

2023 · 2.4%

Debt

€8k▼

2023 · €8k

Debt ≤ 1 year

€8k▼

2023 · €8k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€10k€9k▼

Fixed assets21/28€9k€9k=

Financial fixed assets28€9k€9k=

Current assets29/58€962€68▼

Cash at bank and in hand54/58€962€68▼

Equity and liabilities

Total equity and liabilities10/49€10k€9k▼

Equity10/15€2k€1k▼

Contributions10/11€19k€19k=

Capital10€19k€19k=

Issued capital100€19k€19k=

Profit (loss) carried forward14€-17k€-17k▼

Amounts payable17/49€8k€8k▼

Amounts payable within one year42/48€8k€8k▼

Financial debts43€7k€7k▲

Other loans439€7k€7k▲

Trade debts44€1k€853▼

Suppliers440/4€1k€853▼

Taxes, remuneration and social security45€787€31▼

Taxes450/3€787€31▼

Income statement Code20232024

Turnover70€36k€30k▼

Non-recurring operating income76A€1k-

Goods, raw materials, services and sundry goods60/61€33k€28k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€504-

Other operating charges640/8€3k€2k▼

Gross operating margin9900€4k€2k▼

Operating profit (loss)9901€466€-97▼

Financial charges65/66B€226€242▲

Recurring financial charges65€226€242▲

Profit (loss) for the period before taxes9903€240€-339▼

Profit (loss) for the period9904€240€-339▼

Profit (loss) for the period to be appropriated9905€240€-339▼

Appropriation of the result

Profit (loss) to be appropriated9906€-17k€-17k▼

Profit (loss) brought forward from the previous period14P€-17k€-17k▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

12-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

22-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €240

Net result €240 after 3 loss-making years.

11-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

09-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €-7k ▼113%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

20-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Back to profitnet €53k

Net result €53k after one loss-making year.

03-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

15-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

26-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

23-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 acts for this company are 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, Etterbeek · 2 establishment units since 2008

establishment All 2 establishment units on the map

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.

Jachtlaan 1351040 Etterbeek

Ground area

799 m²

Building footprint

586 m²

Volume, LiDAR

7,162 m³

2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

Jachtlaan 135, 1040 Etterbeek

Warehousing and support activities for transportation

since 20082.174.312.903

Egy Xpress

Louis Piérardlaan 44, 1140 EvereService activities incidental to land transportation

since 20262.385.668.775

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21372B0299/00G000	Brussels	724 m²	1 · 522 m²	15.4 m · 4 fl.
21364B0183/00H003	Brussels	75 m²	1 · 63 m²	17.8 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,725 companies in sector 52210 we hold annual accounts for 771. 95 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded03-11-2008

Fiscal year end31-12

Activities, NACEBEL

52210Service activities incidental to land transportation

Sources

Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.