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EXPEDITORS INTERNATIONAL

Active
Public limited companyfounded 1990active for 36 yearsBedrijvenzone Machelen-Cargo 834, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0440.971.797
Summary

EXPEDITORS INTERNATIONAL has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.6m and a net result of €1.6m. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 61% of 861 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-06-1990 Normal situation
Activity
Logistics services NACE 52250and 1 other
Joint committees
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment units
2.048.917.142 1830 Machelen (Brab.), since 16-07-1990
2.137.982.047 2030 Antwerpen, since 15-04-2001
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board
Auditor
BDO Bedrijfsrevisoren bv
Shareholders
  • Expeditors International of Washington Inc.annual accounts 2024
  • Expeditors International Ocean Inc.annual accounts 2024

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€144.0m
▼ 9.1%
Profit
€1.6m
▼ 72.2%
Equity
€21.6m
▲ 7.8%
Total assets
€44.9m
▲ 1.9%
Employees on 31-12-2025
240
▼ 5.5%
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts latelowers riskSize: turnover €144.0m, 247.4 FTE, total assets €44.9mLiquidity: current ratio 2.03, cash €12.3mFounded in 1990Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of medium-sized companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Strong
Solvency 73+3
equity 48.1% of total assets
Liquidity 61+17
short-term debt 46.7% · cash 27.3%
Profitability 59-11
return on assets 3.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies, NACE 52, medium-sized)
Last 24 months 12-2024: 1.1% 01-2025: 2.0%▲ +0.9 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 1.8%▼ -0.2 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 2.6%▲ +0.8 percentage points vs 07-2025 09-2025: 2.8%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 2.8%● unchanged vs 09-2025highest value 11-2025: 2.8%● unchanged vs 10-2025highest value 12-2025: 1.5%▼ -1.3 percentage points vs 11-2025 01-2026: 2.6%▲ +1.1 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.3%▼ -0.3 percentage points vs 03-2026 05-2026: 0.3%▼ -2.0 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €1,950,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03 (1.79 in 2024), above the usual 1.5. Short-term debt is 46.7% and cash 27.3% of total assets. However, 51.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, medium-sized). It does better than 70% of them on solvency, 85% on liquidity, 43% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: turnover €144.0m, 247.4 FTE, total assets €44.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.03, cash €12.3m
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
271 days late
2023
474 days late
2022
441 days late
2021
198 days late
2020
300 days late
2019
194 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 277 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 April (4 of the last 5 accounts filed within 204 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €5.6m to €1.6m ▼ 72.2% View
  • Positive: 3rd largest company by equity in Machelen, Transport and storage sectorin the Checked rankings No. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.6m 8 years View
  • New directorlatest change 11-03-2026 · 3 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: BV BDO Bedrijfsrevisoren (statutory auditor)Permanent representative: Dave Minnoy
  2. · Gazette deed Reappointment: Daniel Roy WALL (director)Appointment: Kelly BLACKER (director)
  3. · Gazette deed Reappointments: Philip Dekker (director) and FIGURAD Bedrijfsrevisoren (statutory auditor)
All 17 events

Comparable companies

These companies have the same main activity as EXPEDITORS INTERNATIONAL: logistics services (NACE 52250). They are comparable in size and age: total assets between €29m and €72m, founded between 1975 and 2001.

CompanyTotal assetsTurnover
EXPEDITORS INTERNATIONAL Machelen (Brab.)€44.9m€144.0m
DHL Service Logistics Machelen (Brab.)€56.6m€190.1m
2XL Brugge€29.3m€148.7m
TAILORMADE LOGISTICS Gent€71.6m€112.2m
NIPPON EXPRESS (BELGIUM) Machelen (Brab.)€31.3m€72.7m
DACHSER Belgium Mouscron€31.1m€145.4m
SEDIS LOGISTICS Tournai€32.1m€97.5m
Full comparison

Key facts about EXPEDITORS INTERNATIONAL

What is the company number of EXPEDITORS INTERNATIONAL?
The company number of EXPEDITORS INTERNATIONAL is 0440.971.797. The VAT number is the same number with BE in front: BE 0440.971.797.
Where is EXPEDITORS INTERNATIONAL based?
The registered office is at Bedrijvenzone Machelen-Cargo 834, 1830 Machelen (Brab.).Company details
What does EXPEDITORS INTERNATIONAL do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of EXPEDITORS INTERNATIONAL?
The legal form of EXPEDITORS INTERNATIONAL is Public limited company (NV).
When was EXPEDITORS INTERNATIONAL founded?
EXPEDITORS INTERNATIONAL was founded on 26-06-1990.
Is EXPEDITORS INTERNATIONAL still active?
Yes, EXPEDITORS INTERNATIONAL is an active enterprise in the KBO register.
How many employees does EXPEDITORS INTERNATIONAL have?
EXPEDITORS INTERNATIONAL had an average of 247.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does EXPEDITORS INTERNATIONAL fall under?
In its 2025 annual accounts, EXPEDITORS INTERNATIONAL states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of EXPEDITORS INTERNATIONAL?
The turnover of EXPEDITORS INTERNATIONAL was €144.0m in financial year 2025, according to the filed annual accounts.
Is EXPEDITORS INTERNATIONAL profitable?
In financial year 2025, EXPEDITORS INTERNATIONAL made a profit of €1.6m.
Where can I find the annual accounts of EXPEDITORS INTERNATIONAL?
EXPEDITORS INTERNATIONAL filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EXPEDITORS INTERNATIONAL due?
EXPEDITORS INTERNATIONAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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