KG EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of KG EXPRESS is 5.1% (elevated). The annual accounts of KG EXPRESS for financial year 2024 show a net loss of 52% of the equity at the start of that year. The 2024 annual accounts show equity of €32,408 and a net result of -€35,248. Equity grew by about 25% per year on average since 2018. In 2024 it fell by 52.1%. Its solvency ranks better than 44% of 725 sector peers (NACE 53, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 25-09-2015 Normal situation
- Activity
- Other postal and courier activities NACE 53200and 3 others
- Establishment unit
- 2.245.771.813 4130 Esneux, since 01-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.1%
- Gross margin
- €106,987
- ▼ 60.5%
- Turnover
- ≈ €270,000
- estimated
- Loss
- €35,248
- Equity
- €32,408
- ▼ 52.1%
- Total assets
- €120,115
- ▼ 39.5%
- Staff
- ≈ 2.9 FTE
- estimated
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 11-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 2 of the last 3 accounts lateSector: Postal and courier activities (NACE 53)Loss of €35,248 (financial year 2024)Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 53, micro). It does better than 43% of them on solvency, 81% on liquidity, 9% on profitability and 14% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 119 days after the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Judicial annulmentRegistered office moved within Esneux · New registered office: Rue de Waha 8-4130 Esneux · Previous registered office: Rue Ernest Malvoz 1-4130 Esneux
- · Bankruptcy Judicial dissolution, liquidator appointedEnterprise Court of Liège, Liège division · Debouche Natalie · judgment of 26-06-2024
- · Gazette deed Resignation: OSHURAKHUNOV Sanjar (manager)Reappointment: OSHURAKHUNOV Sanjar (director)
Comparable companies
These companies have the same main activity as KG EXPRESS: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €89,000 and €154,000, founded between 2013 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| KG EXPRESS Esneux | €120,115 | €106,987 |
| SANDRA TRANS Liège | €154,164 | €146,067 |
| TUSA GROUP Ghent | €96,179 | €94,115 |
| Ce & Ci Trans Zele | €102,109 | €138,467 |
| ARARAT GROEP Kontich | €103,530 | €84,164 |
| DRYS Antwerp | €115,686 | €78,921 |
| TRANSPORT AOD Charleroi | €89,019 | €98,289 |
Key facts about KG EXPRESS
- What is the company number of KG EXPRESS?
- The company number of KG EXPRESS is 0638.879.513. The VAT number is the same number with BE in front: BE 0638.879.513.
- Where is KG EXPRESS based?
- The registered office is at Rue de Waha 8, 4130 Esneux.Company details
- What does KG EXPRESS do?
- According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
- What is the legal form of KG EXPRESS?
- KG EXPRESS is a private limited company (BV).
- When was KG EXPRESS founded?
- KG EXPRESS was founded on 25-09-2015.
- Is KG EXPRESS still active?
- Yes, KG EXPRESS is an active enterprise in the KBO register.
- How many employees does KG EXPRESS have?
- KG EXPRESS had an average of 2.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of KG EXPRESS?
- The turnover in financial year 2024 is ≈ €270,000. This figure is estimated from the gross margin of €106,987 and 2,216 comparable companies of the same size. It probably lies between €180,000 and €410,000. It is a rough estimate. In financial year 2019 turnover was €52,863.
- Is KG EXPRESS profitable?
- In financial year 2024, KG EXPRESS made a loss of €35,248.
- Where can I find the annual accounts of KG EXPRESS?
- KG EXPRESS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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