ENERGY EXPRESS
ActiveENERGY EXPRESS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264k and a net result of €-27k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 79% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-3
Solvency95▲+16
Growth36▼-3
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.64 in 2024; short-term debt: 30.1% and cash: 32.1% of total assets), and 30.1% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-27k
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 · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d late
2021
4 d early
2020
on the day
2019
on the day
← 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
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€494k▼ 13.3%
2024 · €570k
2018: €406k
2019: €486k
2020: €399k
2021: €243k
2022: €569k
2023: €671k
2024: €570k
2018 → 2025
EBIT margin
-3.3%▼ 2.3pp
2024 · -1.0%
2018: -0.3%
2019: -0.1%
2020: -1.0%
2021: -58.3%
2022: 7.2%
2023: -1.1%
2024: -1.0%
2018 → 2025
Net result
€-27k▼ 29.6%
2024 · €-21k
2018: €-2k
2019: €-2k
2020: €-4k
2021: €-142k
2022: €30k
2023: €-15k
2024: €-21k
2018 → 2025
Working capital
€167k▲ 5.1%
2024 · €159k
2018: €255k
2019: €80k
2020: €168k
2021: €69k
2022: €273k
2023: €279k
2024: €159k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€243k-€569k▲ 134%€671k▲ 17.8%€570k▼ 15.0%€494k▼ 13.3%
Equity€152k-€326k▲ 114%€311k▼ 4.7%€290k▼ 6.6%€264k▼ 9.2%
Operating result€-142k-€41k€-7k€-6k▲ 18.8%€-16k▼ 183%
Net result€-142k-€30k€-15k€-21k▼ 32.3%€-27k▼ 29.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €6k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€97k▼ 26.3%
Current assets
€280k▼ 30.9%
Equity and liabilities €377k
Equity
€264k▼ 9.2%
Debt
€114k▼ 54.0%
The debt ratio falls from 46.0% to 30.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €24k
Cash flow
€8k▼
2024 · €9k
Solvency
69.9%▲
2024 · 54.0%
Current ratio
2.47▲
2024 · 1.64
Quick ratio
2.47▲
2024 · 1.64
Debt / equity
0.43▼
2024 · 0.85
ROE
-10.1%▼
2024 · -7.1%
ROA
-7.0%▼
2024 · -3.8%
Interest coverage
1.97▲
2024 · 1.96
Debt
€114k▼
2024 · €247k
Debt ≤ 1 year
€114k▼
2024 · €247k
Staff costs
€181k▼
2024 · €198k
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€538k€377k▼
Fixed assets21/28€132k€97k▼
Tangible fixed assets22/27€130k€95k▼
Furniture and vehicles24€130k€95k▼
Financial fixed assets28€2k€2k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€406k€280k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€250k€148k▼
Trade receivables40€245k€131k▼
Other amounts receivable41€5k€17k▲
Cash at bank and in hand54/58€146k€121k▼
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€538k€377k▼
Equity10/15€290k€264k▼
Contributions10/11€43k€43k=
Reserves13€247k€220k▼
Tax-exempt reserves132€159k€159k=
Distributable reserves133€88k€62k▼
Amounts payable17/49€247k€114k▼
Amounts payable within one year42/48€247k€114k▼
Trade debts44€57k€25k▼
Suppliers440/4€57k€25k▼
Taxes, remuneration and social security45€23k€16k▼
Taxes450/3€509€4k▲
Remuneration and social security454/9€23k€12k▼
Other amounts payable47/48€167k€73k▼
Income statement
Code20242025
Operating income70/76A€604k€513k▼
Turnover70€570k€494k▼
Other operating income74€17k€19k▲
Non-recurring operating income76A€17k€0▼
Operating charges60/66A€610k€529k▼
Goods for resale, raw materials and consumables60€0-
Purchases600/8€0-
Services and other goods61€379k€311k▼
Remuneration, social security and pensions62€198k€181k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€35k▲
Other operating charges640/8€3k€3k▼
Operating profit (loss)9901€-6k€-16k▼
Financial income75/76B€0-
Recurring financial income75€0-
Other financial income752/9€0-
Financial charges65/66B€15k€10k▼
Recurring financial charges65€15k€10k▼
Debt charges650€12k€9k▼
Other financial charges652/9€3k€872▼
Profit (loss) for the period before taxes9903€-21k€-27k▼
Income taxes67/77€0-
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-21k€-27k▼
Profit (loss) for the period to be appropriated9905€-21k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-27k▼
Transfer from equity791/2€21k€27k▲
From reserves792€21k€27k▲
Social balance
Average headcount (FTE)90874.0-
The notes to these accounts (20 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 · full schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
30-09
Financial
Back to profitnet €30k
Net result €30k after 4 loss-making years.
30-09
Financial
Equity above €200kEq €326k ▲114%
Equity rises from €152k to €326k.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €-142k
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Koksijde · 1 establishment unit since 1995
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.
Koninklijke Baan(Kok) 2398670 KoksijdeGround area
2,319 m²
Building footprint
645 m²
Volume, LiDAR
5,881 m³
2 parcels, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Duinkerkelaan 64, 8660 De Panne
since 19952.074.132.291
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352E0442/00_000 | Flanders | 1,590 m² | 1 · 620 m² | 13.3 m · 4 fl. |
| 38014D0629/00B000 | Flanders | 728 m² | 1 · 25 m² | 3.2 m · 1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,209 EUR awarded · 1,209 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 189 EUR | 189 EUR |
| 2023 | 1 | 152 EUR | 152 EUR |
| 2022 | 2 | 868 EUR | 868 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Dons
BE 0431.109.273
Antwerpen · Eq €264k
EUROPATRANS
BE 0844.031.345
Beringen · Eq €264k
Hans Walcarius
BE 0733.587.739
Zwevegem · Eq €264k
TRANSPORT VERSCHUEREN FILIP
BE 0466.904.451
Waasmunster · Eq €264k
LM ECO CONSULT
BE 0740.872.142
Charleroi · Eq €263k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,981 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-1995
Fiscal year end30-09
Activities, NACEBEL
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.