EXPRESS FLEX BX
The computed 12-month bankruptcy probability of EXPRESS FLEX BX is 5.5% (elevated). The 2024 annual accounts show equity of €21k and a net result of €2k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 6710 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €21k |
| Net result | €2k |
| Better than sector | 74% |
| Active | 7 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.0% | 37.3% | |
| Net result | €2k | €6k | |
| Equity | €21k | €34k | |
| Gross operating margin | €25k | €39k | |
| Staff costs | €19k | €49k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | €85k | €54k | €43k |
| EBITDA | €5k | €-6 | €6k |
| Net profit | €2k | €-3k | €3k |
| Cash flow | €5k | €-379 | €5k |
| Staff costs | €19k | €15k | - |
| Income taxes | €733 | €372 | €1k |
| Dividends | - | - | - |
| Total assets | €33k | €27k | €28k |
| Equity | €21k | €19k | €24k |
| Debt | €12k | €8k | €4k |
| of which ≤ 1y | €12k | €8k | €4k |
| of which > 1y | - | - | - |
| Working capital | €14k | €9k | €23k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 2.13 | 2.21 | 6.36 |
| Quick ratio | 2.13 | 2.21 | 6.36 |
| Working capital ratio | 41.6% | 34.2% | 82.0% |
| Solvency | 63.0% | 71.8% | 84.7% |
| Debt / equity | 0.59 | 0.39 | 0.18 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 701.58 | -1.71 | 4283.49 |
| Gross margin | 29.5% | 32.4% | 18.3% |
| Net margin | 1.8% | -5.7% | 6.7% |
| ROA | 4.7% | -11.5% | 10.3% |
| ROE | 7.4% | -16.0% | 12.1% |
| EBITDA margin | 6.2% | 0.0% | 14.9% |
| Days sales outstanding | 2d | - | 1d |
| Days payable outstanding | 6d | 5d | 1d |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €33k | €27k | €28k |
| Fixed assets | 21/28 | €7k | €10k | €742 |
| Tangible fixed assets | 22/27 | €6k | €9k | €142 |
| Financial fixed assets | 28 | €765 | €765 | €600 |
| Current assets | 29/58 | €26k | €17k | €27k |
| Amounts receivable within one year | 40/41 | €1k | - | €61 |
| Cash & bank | 54/58 | €25k | €16k | €27k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €33k | €27k | €28k |
| Equity | 10/15 | €21k | €19k | €24k |
| Contributions / capital | 10/11 | €6k | €6k | €6k |
| Accumulated profits (losses) | 14 | €15k | €13k | €18k |
| Amounts payable | 17/49 | €12k | €8k | €4k |
| Amounts payable within one year | 42/48 | €12k | €8k | €4k |
| Trade debts payable within one year | 44 | €1k | €456 | €100 |
| Income statement | ||||
| Turnover | 70 | €85k | €54k | €43k |
| Gross operating margin | 9900 | €25k | €18k | €8k |
| Operating result | 9901 | €2k | €-3k | €4k |
| Financial income | 75 | €0 | €3 | - |
| Financial charges | 65 | €8 | €4 | €2 |
| Result before taxes | 9903 | €2k | €-3k | €4k |
| Income taxes | 67/77 | €733 | €372 | €1k |
| Net result for the period | 9904 | €2k | €-3k | €3k |
| Result to be appropriated | 9905 | €2k | €-3k | €3k |
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2020
Former directors (3)
-
Former- → 30-09-2025
-
Former01-10-2024 → 21-11-2024
2 events
- 21-11-2024 Resigned· Director
- 01-10-2024 Appointed· Director
-
Former- → 13-07-2020
| NACE primary | On-demand passenger transport by chauffeured vehicle(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 21-08-2019 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21014A0190/00B000 | Brussels | 72 m² | 1 · 72 m² | 13.5 m · 4 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-04-2026 Act object · General meeting · Officer resignation · Officer appointment
- Filing: 2025-05-27 · EXPRESS FLEX BX
- Publication: 2026-04-03 · EXPRESS FLEX BX
- Act object: DEMISSION - NOMINATIONS - CESSION D'ACTIONS -TRANSFERT DE SIEGE · EXPRESS FLEX BX
- General meeting: 2026-03-26 · EXPRESS FLEX BX
- Officer resignation: date: 2026-03-31, role: administrateur · TAHIRI Ayoub
- Officer appointment: date: 2026-04-01, role: administrateur · KALLOUCH Mohamed
- Officer appointment: date: 2026-04-01, role: administrateur · AZAHAF Ayoub
- Share transfer: shares: 50, percentage: 50% · TAHIRI Ayoub
- Share transfer: shares: 50, percentage: 50% · TAHIRI Ayoub
- Seat change: new_address: 1000 bruxelles, Bld de l'Empereur 10, old_address: 1210 Bruxelles, rue Godefroid de bouillon 40, effective_date: 2026-04-01 · EXPRESS FLEX BX
Technical details
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"quote": "D\u00E9pcc\u00F3 / Re\u00E7u le 27 MANS 2025",
"value": "2025-05-27",
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"subject": "e1"
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"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 03/04/2026 - Annexes du Moniteur belge",
"value": "2026-04-03",
"object": null,
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"quote": "Extrait du PV \u0027AGE du 26 03 2026",
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"type": "officer_resignation",
"quote": "Acte la d\u00E9mission de ses fonctions d\u0027administrateur de Monsieur TAHIRI Ayoub. Domicili\u00E9 \u00E0 1082 Bruxelles, Parc Jean Monnet 3072, ici pr\u00E9sent et acceptant et ce \u00E0 dater du 31/03//2026.",
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"quote": "Acte la nomination aux fonctions d\u0027administrateur de Mr KALLOUCH Mohamed, domicili\u00E9 \u00E0 1750 Lennik, Assesteenweg 311, ici pr\u00E9sent et acceptant et ce \u00E0 dater du 1/04/2026.",
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{
"type": "officer_appointment",
"quote": "Acte la nomination aux fonctions d\u0027administrateur de Mr AZAHAF Ayoub, domicili\u00E9 \u00E0 1080 Bruxelles rue des B\u00E9guines 210, ici pr\u00E9sent et acceptant et ce \u00E0 dater du 1/04/2026.",
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"role": "administrateur"
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"object": "e1",
"subject": "e4"
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{
"type": "share_transfer",
"quote": "Acte la cession de 50 actions (50%) de la soci\u00E9t\u00E9 de Mr TAHIRI Ayoub \u00E0 Mr KALLOUCH Mohamed qui accepte.",
"value": {
"shares": 50,
"percentage": "50%"
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"subject": "e2"
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{
"type": "share_transfer",
"quote": "Acte la cession de 50 actions (50%) de la soci\u00E9t\u00E9 de Mr TAHIRI Ayoub \u00E0 Mr AZAHAF Ayoub, qui accepte.",
"value": {
"shares": 50,
"percentage": "50%"
},
"object": "e4",
"subject": "e2"
},
{
"type": "seat_change",
"quote": "Acte le transfert du si\u00E8ge social de 1210 Bruxelles, rue Godefroid de bouillon 40 \u00E0 1000 bruxelles, Bld de l\u0027Empereur 10, d\u00E9cision avec effet au 01 04 2026.",
"value": {
"new_address": "1000 bruxelles, Bld de l\u0027Empereur 10",
"old_address": "1210 Bruxelles, rue Godefroid de bouillon 40",
"effective_date": "2026-04-01"
},
"object": null,
"subject": "e1"
}
],
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]
}14-11-2025 Transaction in capital or shares
Technical details
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"currency": "BEF",
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"effective_date": "2025-09-30",
"evidence_quote": "Acte la cession de 10 actions (10%) de la soci\u00E9t\u00E9 de Mr TAHIRI Abdelhak \u00E0 Mr TAHIRI Ayoub qui accepte.",
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}10-12-2024 BOUILAGHMAN Mohamed resigns as director
- BOUILAGHMAN Mohamed, Bestuurder
Technical details
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}10-10-2024 BOUILAGHMAN Mohamed appointed as director
- BOUILAGHMAN Mohamed, Bestuurder
Technical details
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}27-07-2020 1 director appointed, 1 resigning
- TAHIRI Ayoub, Bestuurder
- ES-SALEHY Faîsal, Bestuurder
Technical details
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}14-02-2020 Transaction in capital or shares
Technical details
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}23-08-2019 Incorporation of a new SRL
Technical details
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"initial_directors": [],
"incorporation_date": "2019-08-20",
"post_incorporation_mandates": []
}| Legal nameFR | EXPRESS FLEX BX |