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GENT-EXPRESS

Active
Private limited company (pre-2019)founded 200818 yrs activeNederzwijnaarde 2, 9052 Gent, BelgiumKBO/BCE: BE 0898.369.755
Summary

GENT-EXPRESS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489,688 and a net result of €52,598. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 91% of 489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 6.35 against 5.98 in 2024; short-term debt: 15.5% and cash: 11% of total assets), and 15.5% of the assets are financed with debt.
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Signals

Four 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
84.5%
Return on assets
9.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
97 d late
2023
153 d late
2022
140 d late
2021
124 d late
2020
152 d late
2019
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 112 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed 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 2 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 June 2008, GENT-EXPRESS was incorporated.1 Total assets went from EUR 385,102 in 2018 to EUR 579,204 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€489,688▲ 12.0%
2024 · €437,089
Total assets
€579,204▲ 10.7%
2024 · €523,059
Net result
€52,598▲ 179%
2024 · €18,836
Working capital
€479,095▲ 11.8%
2024 · €428,396
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€27,802▼ 41.2%€116,810▲ 320%€47,695▼ 59.2%€31,601▼ 33.7%€68,263▲ 116%
Net result€18,867above the sector's middle half▼ 44.4%€87,073above the sector's middle half▲ 362%€34,490above the sector's middle half▼ 60.4%€18,836within the sector's middle half▼ 45.4%€52,598above the sector's middle half▲ 179%
Equity€296,690above the sector's middle half▲ 6.8%€383,763above the sector's middle half▲ 29.3%€418,253above the sector's middle half▲ 9.0%€437,089above the sector's middle half▲ 4.5%€489,688above the sector's middle half▲ 12.0%
Total assets€444,569above the sector's middle half▲ 21.3%€526,757above the sector's middle half▲ 18.5%€530,087above the sector's middle half▲ 0.6%€523,059above the sector's middle half▼ 1.3%€579,204above the sector's middle half▲ 10.7%
Debt€147,879▲ 66.8%€142,994▼ 3.3%€111,834▼ 21.8%€85,970▼ 23.1%€89,516▲ 4.1%
Working capital€287,264above the sector's middle half▲ 11.5%€371,256above the sector's middle half▲ 29.2%€406,382above the sector's middle half▲ 9.5%€428,396above the sector's middle half▲ 5.4%€479,095above the sector's middle half▲ 11.8%
Solvency66.7%above the sector's middle half▼ 9.1pp72.9%above the sector's middle half▲ 6.1pp78.9%above the sector's middle half▲ 6.0pp83.6%above the sector's middle half▲ 4.7pp84.5%above the sector's middle half▲ 1.0pp
Current ratio2.94above the sector's middle half▼ 0.963.60above the sector's middle half▲ 0.654.63above the sector's middle half▲ 1.045.98above the sector's middle half▲ 1.356.35above the sector's middle half▲ 0.37
Return on assets (ROA)4.2%within the sector's middle half▼ 5.0pp16.5%within the sector's middle half▲ 12.3pp6.5%within the sector's middle half▼ 10.0pp3.6%within the sector's middle half▼ 2.9pp9.1%within the sector's middle half▲ 5.5pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €27,802€27,802Net result 2021: €18,867€18,867Operating result 2022: €116,810€116,810Net result 2022: €87,073€87,073Operating result 2023: €47,695€47,695Net result 2023: €34,490€34,490Operating result 2024: €31,601€31,601Net result 2024: €18,836€18,836Operating result 2025: €68,263€68,263Net result 2025: €52,598€52,59820212022202320242025€0€20,000€40,000€60,000Operating result 2023: €47,695€47,700Net result 2023: €34,490€34,500Operating result 2024: €31,601€31,600Net result 2024: €18,836€18,800Operating result 2025: €68,263€68,300Net result 2025: €52,598€52,600202320242025
The operating result recovers in 2025; 2025 is 116% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €579,204
Fixed assets €10,593 ▲ 21.8%
Current assets €568,611 ▲ 10.5%
Equity and liabilities €579,204
Equity €489,688 ▲ 12.0%
Debt €89,516 ▲ 4.1%
Debt's share of the balance-sheet total falls from 16.4% to 15.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,439▲
2024 · €32,330
Cash flow
€52,774▲
2024 · €19,564
Debt to equity
0.18▼
2024 · 0.20
ROE
10.7%▲
2024 · 4.3%
Interest coverage
49.37▲
2024 · 11.22
Debt ≤ 1 year
€89,516▲
2024 · €85,970
Income taxes
€14,357▲
2024 · €10,275
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€523,059€579,204▲
Fixed assets21/28€8,693€10,593▲
Tangible fixed assets22/27€383€207▼
Plant, machinery and equipment23€337€207▼
Furniture and vehicles24€46€0▼
Financial fixed assets28€8,310€10,385▲
Current assets29/58€514,366€568,611▲
Amounts receivable within one year40/41€418,960€497,636▲
Trade receivables40€403,565€490,139▲
Other amounts receivable41€15,395€7,497▼
Cash at bank and in hand54/58€88,869€63,648▼
Deferred charges and accrued income490/1€6,537€7,327▲
Equity and liabilities
Total equity and liabilities10/49€523,059€579,204▲
Equity10/15€437,089€489,688▲
Contributions10/11€18,600€18,600=
Reserves13€4,443€4,443=
Non-distributable reserves130/1€4,443€4,443=
Reserves not available under the articles1311€4,443€4,443=
Profit (loss) carried forward14€414,046€466,644▲
Amounts payable17/49€85,970€89,516▲
Amounts payable within one year42/48€85,970€89,516▲
Current portion of amounts payable after more than one year42€0-
Financial debts43-€4,037
Credit institutions430/8-€4,037
Trade debts44€48,943€71,091▲
Suppliers440/4€48,943€71,091▲
Taxes, remuneration and social security45€31,768€9,638▼
Taxes450/3€31,768€9,638▼
Remuneration and social security454/9€0-
Other amounts payable47/48€5,259€4,750▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€728€176▼
Other operating charges640/8€6,421€14,892▲
Gross operating margin9900€38,750€83,331▲
Operating profit (loss)9901€31,601€68,263▲
Financial income75/76B€391€78▼
Recurring financial income75€391€78▼
Financial charges65/66B€2,882€1,386▼
Recurring financial charges65€2,882€1,386▼
Profit (loss) for the period before taxes9903€29,111€66,956▲
Income taxes67/77€10,275€14,357▲
Profit (loss) for the period9904€18,836€52,598▲
Profit (loss) for the period to be appropriated9905€18,836€52,598▲
Appropriation of the result
Profit (loss) to be appropriated9906€414,046€466,644▲
Profit (loss) brought forward from the previous period14P€395,210€414,046▲
Transfer to equity691/2€0-
To contributions691€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,108€1,250€1,025€728€176▼ 75.9%
Other operating charges640/8€15,203€3,870€1,745€6,421€14,892▲ 132%
Gross operating margin9900€44,113€121,931€50,465€38,750€83,331▲ 115%
Operating profit (loss)9901€27,802€116,810€47,695€31,601€68,263▲ 116%
Financial income75/76B€50€15€280€391€78▼ 80.0%
Recurring financial income75€50€15€280€391€78▼ 80.0%
Financial charges65/66B€1,585€1,298€2,188€2,882€1,386▼ 51.9%
Recurring financial charges65€1,585€1,298€2,188€2,882€1,386▼ 51.9%
Profit (loss) for the period before taxes9903€26,268€115,527€45,787€29,111€66,956▲ 130%
Income taxes67/77€7,401€28,454€11,296€10,275€14,357▲ 39.7%
Profit (loss) for the period9904€18,867€87,073€34,490€18,836€52,598▲ 179%
Profit (loss) for the period to be appropriated9905€18,867€87,073€34,490€18,836€52,598▲ 179%
Line20212022202320242025Change
Assets
Total assets20/58€444,569€526,757€530,087€523,059€579,204▲ 10.7%
Fixed assets21/28€9,426€12,507€11,872€8,693€10,593▲ 21.8%
Tangible fixed assets22/27€1,115€2,137€1,111€383€207▼ 45.8%
Plant, machinery and equipment23-€596€466€337€207▼ 38.4%
Furniture and vehicles24€1,115€1,541€645€46€0▼ 100%
Financial fixed assets28€8,310€10,370€10,760€8,310€10,385▲ 25.0%
Current assets29/58€435,143€514,249€518,215€514,366€568,611▲ 10.5%
Amounts receivable within one year40/41€396,961€361,531€467,985€418,960€497,636▲ 18.8%
Trade receivables40€392,544€358,108€467,156€403,565€490,139▲ 21.5%
Other amounts receivable41€4,416€3,423€829€15,395€7,497▼ 51.3%
Cash at bank and in hand54/58€32,805€148,233€47,087€88,869€63,648▼ 28.4%
Deferred charges and accrued income490/1€5,378€4,485€3,143€6,537€7,327▲ 12.1%
Equity and liabilities
Total equity and liabilities10/49€444,569€526,757€530,087€523,059€579,204▲ 10.7%
Equity10/15€296,690€383,763€418,253€437,089€489,688▲ 12.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€4,443€4,443€4,443€4,443€4,443=
Non-distributable reserves130/1€4,443€4,443€4,443€4,443€4,443=
Reserves not available under the articles1311€4,443€4,443€4,443€4,443€4,443=
Profit (loss) carried forward14€273,647€360,720€395,210€414,046€466,644▲ 12.7%
Amounts payable17/49€147,879€142,994€111,834€85,970€89,516▲ 4.1%
Amounts payable within one year42/48€147,879€142,994€111,834€85,970€89,516▲ 4.1%
Current portion of amounts payable after more than one year42€3,351€0€3,175€0--
Financial debts43----€4,037-
Credit institutions430/8----€4,037-
Trade debts44€91,484€62,668€39,828€48,943€71,091▲ 45.3%
Suppliers440/4€91,484€62,668€39,828€48,943€71,091▲ 45.3%
Taxes, remuneration and social security45€53,045€78,114€66,731€31,768€9,638▼ 69.7%
Taxes450/3€37,371€70,277€50,394€31,768€9,638▼ 69.7%
Remuneration and social security454/9€15,673€7,837€16,337€0--
Other amounts payable47/48-€2,211€2,100€5,259€4,750▼ 9.7%
Line20212022202320242025Change
Profit (loss) for the period9904€18,867€87,073€34,490€18,836€52,598▲ 179%
+ Depreciation and write-downs630€1,108€1,250€1,025€728€176▼ 75.9%
Operating cash flow (approximation)€19,975€88,323€35,516€19,564€52,774▲ 170%
Investment in fixed assets (approximation)--€4,331-€390€2,450-€2,075▼ 185%
Change in cash-€115,429-€101,147€41,783-€25,221▼ 160%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
18-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
2022
31-12
Financial Highest result since 2018net €87,073 ▲362%
Operating result €116,810, net result €87,073, both a record.
02-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
2021
30-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
01-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
24-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 85 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Gent · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
16.2 ha
Building footprint
8.2 ha
Parcel 44082B0391/00B002, Flanders. Linked by address, not a title deed.
41 companies at this address See who is registered here
1 establishment unit
Gent-Express
Nederzwijnaarde 2, 9052 GentLand transport and transport via pipelines
since 20082.171.801.195
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0391/00B002 Flanders 16.2 ha 1 · 8.2 ha -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 614 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
Contact
E-mail info@gent-express.be
Phone 09/222.64.25
Fax 09/220.47.56
E-invoicing
Reachable via Peppol
Peppol ID 0208:0898369755
Also 9925:BE0898369755
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.