Summary
EXPRESS TELECOM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,962. Equity is growing by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
54 d late
2024
41 d late
2023
16 d early
2022
27 d early
2021
13 d early
2020
19 d early
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 July (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€58,962▼ 2.3%
2024 · €60,325
Total assets
€60,575▼ 9.5%
2024 · €66,968
Net result
-€1,821
2022 · €2,302
Working capital
€41,813▼ 32.0%
2024 · €61,527
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,986▲ 26.3%€3,184▼ 68.1%-€1,502
Net result€7,411▲ 3.8%€2,302▼ 68.9%-€1,821
Equity€59,844▲ 14.1%€62,146▲ 3.8%€60,325▼ 2.9%€60,325=€58,962▼ 2.3%
Total assets€67,141▲ 8.4%€67,760▲ 0.9%€66,968▼ 1.2%€66,968=€60,575▼ 9.5%
Debt€7,297▼ 23.2%€5,614▼ 23.1%€6,644▲ 18.3%€6,644=€1,613▼ 75.7%
Working capital€58,695▲ 14.5%€60,997▲ 3.9%€61,527▲ 0.9%€61,527=€41,813▼ 32.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €1,502 after €3,184 in 2022, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,575
Fixed assets
€17,149 ▲ 1,392%
Current assets
€43,426 ▼ 34.0%
Equity and liabilities €60,575
Equity
€58,962 ▼ 2.3%
Debt
€1,613 ▼ 75.7%
Debt's share of the balance-sheet total falls from 9.9% to 2.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
26.92▲
2024 · 15.33
Quick ratio
21.80▲
2024 · 13.41
Debt to equity
0.03▼
2024 · 0.11
Debt ≤ 1 year
€1,613▼
2024 · €4,292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,000 | - | - | - | - | - |
| Other operating charges640/8 | €30 | €460 | €156 | - | - | - |
| Gross operating margin9900 | €10,016 | €3,644 | -€1,345 | - | - | - |
| Operating profit (loss)9901 | €9,986 | €3,184 | -€1,502 | - | - | - |
| Financial income75/76B | - | €0 | €22 | - | - | - |
| Recurring financial income75 | - | €0 | €22 | - | - | - |
| Financial charges65/66B | €136 | €208 | €342 | - | - | - |
| Recurring financial charges65 | €136 | €208 | €342 | - | - | - |
| Profit (loss) for the period before taxes9903 | €9,850 | €2,976 | -€1,821 | - | - | - |
| Income taxes67/77 | €2,439 | €674 | - | - | - | - |
| Profit (loss) for the period9904 | €7,411 | €2,302 | -€1,821 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €7,411 | €2,302 | -€1,821 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,141 | €67,760 | €66,968 | €66,968 | €60,575 | ▼ 9.5% |
| Fixed assets21/28 | €1,149 | €1,149 | €1,149 | €1,149 | €17,149 | ▲ 1,392% |
| Tangible fixed assets22/27 | - | - | - | - | €16,000 | - |
| Furniture and vehicles24 | - | - | - | - | €16,000 | - |
| Financial fixed assets28 | €1,149 | €1,149 | €1,149 | €1,149 | €1,149 | = |
| Current assets29/58 | €65,992 | €66,611 | €65,819 | €65,819 | €43,426 | ▼ 34.0% |
| Stocks and contracts in progress3 | €7,974 | €8,114 | €8,259 | €8,259 | €8,259 | = |
| Stocks30/36 | €7,974 | €8,114 | €8,259 | €8,259 | €8,259 | = |
| Amounts receivable within one year40/41 | €17,575 | €16,614 | €15,843 | €15,843 | €6,444 | ▼ 59.3% |
| Trade receivables40 | - | €28 | - | - | - | - |
| Other amounts receivable41 | €17,575 | €16,586 | €15,843 | €15,843 | €6,444 | ▼ 59.3% |
| Cash at bank and in hand54/58 | €38,172 | €39,585 | €35,616 | €35,616 | €28,723 | ▼ 19.4% |
| Deferred charges and accrued income490/1 | €2,271 | €2,298 | €6,101 | €6,101 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,141 | €67,760 | €66,968 | €66,968 | €60,575 | ▼ 9.5% |
| Equity10/15 | €59,844 | €62,146 | €60,325 | €60,325 | €58,962 | ▼ 2.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €21,593 | €21,593 | €21,593 | €21,593 | €21,593 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €19,733 | €19,733 | €19,733 | €19,733 | €19,733 | = |
| Profit (loss) carried forward14 | €19,652 | €21,953 | €20,132 | €20,132 | €18,769 | ▼ 6.8% |
| Amounts payable17/49 | €7,297 | €5,614 | €6,644 | €6,644 | €1,613 | ▼ 75.7% |
| Amounts payable within one year42/48 | €7,297 | €5,614 | €4,292 | €4,292 | €1,613 | ▼ 62.4% |
| Trade debts44 | €1,087 | €2,076 | €425 | €425 | €572 | ▲ 34.6% |
| Suppliers440/4 | €1,087 | €2,076 | €425 | €425 | €572 | ▲ 34.6% |
| Taxes, remuneration and social security45 | €6,210 | €3,538 | €3,867 | €3,867 | €900 | ▼ 76.7% |
| Taxes450/3 | €3,353 | €2,238 | €2,567 | €2,567 | - | - |
| Remuneration and social security454/9 | €2,857 | €1,300 | €1,300 | €1,300 | €900 | ▼ 30.8% |
| Other amounts payable47/48 | - | - | - | - | €141 | - |
| Accrued charges and deferred income492/3 | - | - | €2,351 | €2,351 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,411 | €2,302 | -€1,821 | - | - | - |
| Operating cash flow (approximation) | €7,411 | €2,302 | -€1,821 | - | - | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€16,000 | - |
| Change in cash | - | €1,413 | -€3,969 | €0 | -€6,893 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 54 days late
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€1,821
Net result drops to -€1,821, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €7,411 ▲3.8%
Operating result €9,986, net result €7,411, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2002
Ground area
552 m²
Building footprint
155 m²
Volume, LiDAR
1,146 m³
2 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EXPRESS TELECOM
since 20022.101.777.291
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483D0021/00Y002 | Flanders | 439 m² | 1 · 92 m² | 9.1 m · 3 fl. |
| 24502B0032/00E000 | Flanders | 113 m² | 1 · 63 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-05-2002
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.