HIGHWAY EXPRESS SERVICES
ActiveHIGHWAY EXPRESS SERVICES has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €-11k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-5
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
cash: 52.2% of total assets, and 0% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-11k
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
44 d early
2023
54 d early
2022
52 d early
2021
16 d early
2020
38 d early
2019
98 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▼ 10.7%
2024 · €104k
2018: €93k
2019: €105k
2020: €126k
2021: €147k
2022: €161k
2023: €140k
2024: €104k
2018 → 2025
Total assets
€93k▼ 22.0%
2024 · €119k
2018: €110k
2019: €118k
2020: €136k
2021: €178k
2022: €202k
2023: €147k
2024: €119k
2018 → 2025
Net result
€-11k▼ 14.1%
2024 · €-10k
2018: €10k
2019: €12k
2020: €21k
2021: €21k
2022: €14k
2023: €-21k
2024: €-10k
2018 → 2025
Working capital
€89k▼ 19.1%
2023 · €110k
2018: €93k
2019: €105k
2020: €126k
2021: €131k
2022: €116k
2023: €110k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€161k▲ 9.2%€140k▼ 12.9%€104k▼ 25.8%€93k▼ 10.7%
Operating result€25k-€22k▼ 12.8%€-21k€-10k▲ 53.0%€-11k▼ 17.2%
Net result€21k-€14k▼ 36.0%€-21k€-10k▲ 53.1%€-11k▼ 14.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €10k in 2024; the loss grows.
Key figures and ratios
EBITDA
€2k▼
2024 · €5k
Cash flow
€2k▼
2024 · €5k
Solvency
100.0%▲
2024 · 87.4%
ROE
-12.0%▼
2024 · -9.4%
ROA
-12.0%▼
2024 · -8.2%
Interest coverage
8.93▼
2024 · 27.63
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€119k€93k▼
Fixed assets21/28€15k-
Tangible fixed assets22/27€15k-
Furniture and vehicles24€13k-
Other tangible fixed assets26€2k-
Current assets29/58€104k€93k▼
Amounts receivable within one year40/41€35k€44k▲
Trade receivables40€34k€34k=
Other amounts receivable41€1k€11k▲
Cash at bank and in hand54/58€69k€48k▼
Equity and liabilities
Total equity and liabilities10/49€119k€93k▼
Equity10/15€104k€93k▼
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€91k€80k▼
Amounts payable17/49€15k-
Amounts payable within one year42/48€15k-
Taxes, remuneration and social security45€882-
Taxes450/3€882-
Other amounts payable47/48€14k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€210€753▲
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€-10k€-11k▼
Financial income75/76B€195€495▲
Recurring financial income75€195€495▲
Financial charges65/66B€190€190▲
Recurring financial charges65€190€190▲
Profit (loss) for the period before taxes9903€-10k€-11k▼
Profit (loss) for the period9904€-10k€-11k▼
Profit (loss) for the period to be appropriated9905€-10k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€80k▼
Profit (loss) brought forward from the previous period14P€107k€91k▼
Profit to be distributed694/7€6k-
Return on contributions (dividend)694€6k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k ▼253%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 17.02
Current ratio from 3.84 to 17.02; short-term debt falls from €41k to €7k.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €161k ▲9.2%
5 profitable years in a row build equity to €161k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21k ▲3.5%
Net result €21k, the highest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Equity above €100kEq €105k ▲13.2%
2 profitable years in a row build equity to €105k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
François Donsstraat 471050 ElseneGround area
157 m²
Building footprint
135 m²
Volume, LiDAR
1,755 m³
Parcel 21446D0012/00E004, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
François Donsstraat 47, 1050 Elsene
since 19982.089.427.906
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0012/00E004 | Brussels | 157 m² | 1 · 135 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 3,031 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-1998
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
49410Freight transport by road
74502
78200Temporary employment agencies and other provision of personnel
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.