Express Olmen
The computed 12-month bankruptcy probability of Express Olmen is 3.3% (moderate). The 2025 annual accounts show negative equity (€-97k) and a net result of €-109k. Equity is shrinking by ~47.2% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-97k |
| Net result | €-109k |
| Staff (FTE) | 2.4 |
| Active | 6 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-42k |
| Net profit | €-109k |
| Cash flow | €-58k |
| Staff costs | €76k |
| Income taxes | - |
| Dividends | - |
| Total assets | €373k |
| Equity | €-97k |
| Debt | €470k |
| of which ≤ 1y | €418k |
| of which > 1y | €52k |
| Working capital | €-151k |
| Employees (FTE) | 2.4 |
| 2025 | |
|---|---|
| Current ratio | 0.64 |
| Quick ratio | 0.49 |
| Working capital ratio | -40.5% |
| Solvency | -26.1% |
| Debt / equity | -4.83 |
| Long-term debt ratio | -0.54 |
| Interest coverage | -2.22 |
| Gross margin | - |
| Net margin | - |
| ROA | -29.2% |
| ROE | 111.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €373k |
| Fixed assets | 21/28 | €106k |
| Tangible fixed assets | 22/27 | €101k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €267k |
| Stocks & contracts in progress | 3 | €64k |
| Amounts receivable within one year | 40/41 | €117k |
| Cash & bank | 54/58 | €86k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €373k |
| Equity | 10/15 | €-97k |
| Contributions / capital | 10/11 | €79k |
| Accumulated profits (losses) | 14 | €-176k |
| Amounts payable | 17/49 | €470k |
| Amounts payable after one year | 17 | €52k |
| Amounts payable within one year | 42/48 | €418k |
| Trade debts payable within one year | 44 | €364k |
| Income statement | ||
| Gross operating margin | 9900 | €35k |
| Operating result | 9901 | €-93k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €-109k |
| Net result for the period | 9904 | €-109k |
| Result to be appropriated | 9905 | €-109k |
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 27-08-2020 |
| Status | Active |
| Postal code | 2491 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030B0851/00Y000 | Flanders | 2,199 m² | 1 · 1,009 m² | 3.8 m |
30-04-2026 NBB filing Annual accounts filed
02-05-2025 NBB filing Annual accounts filed
03-05-2024 NBB filing Annual accounts filed
30-04-2024 NBB filing Annual accounts filed
29-04-2022 NBB filing Annual accounts filed
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | Express Olmen |