MR EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of MR EXPRESS is 2.3% (moderate). The 2025 annual accounts show equity of €20,568 and a net result of €26,449. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 18606 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+98
Solvency75▲+56
Growth85▲+30
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.77 against 0.9 in 2024; short-term debt: 49.9% and cash: 22.9% of total assets), and 49.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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 2025Solvency, return and age of the figures
Solvency
50.1%
Return on assets
64.4%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
60 d early
2024
6 d late
2023
2 d early
2022
8 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 3 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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
Turnover
€810,239▲ 13.1%
2023 · €716,642
EBIT margin
-3.4%▼ 4.1pp
2023 · 0.7%
Net result
€26,449
2024 · -€27,767
Working capital
€15,901
2024 · -€10,205
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line2022202320242025
Turnover€490,673-€716,642▲ 46.1%€810,239▲ 13.1%
Operating result€12,583-€4,846▼ 61.5%-€27,872€30,239
Net result€10,054within the sector's middle half-€3,833within the sector's middle half▼ 61.9%-€27,767below the sector's middle half€26,449above the sector's middle half
EBIT margin2.6%-0.7%▼ 1.9pp-3.4%▼ 4.1pp
Equity€10,054within the sector's middle half-€13,886within the sector's middle half▲ 38.1%-€5,881below the sector's middle half€20,568within the sector's middle half
Total assets€19,480below the sector's middle half-€79,074within the sector's middle half▲ 306%€96,090within the sector's middle half▲ 21.5%€41,094below the sector's middle half▼ 57.2%
Debt€9,426-€65,188▲ 592%€101,970▲ 56.4%€20,526▼ 79.9%
Working capital€7,918within the sector's middle half-€9,081within the sector's middle half▲ 14.7%-€10,205within the sector's middle half€15,901within the sector's middle half
Solvency51.6%within the sector's middle half-17.6%within the sector's middle half▼ 34.0pp-6.1%below the sector's middle half▼ 23.7pp50.1%within the sector's middle half▲ 56.2pp
Current ratio1.84within the sector's middle half-1.14within the sector's middle half▼ 0.700.90within the sector's middle half▼ 0.241.77within the sector's middle half▲ 0.87
Return on assets (ROA)51.6%above the sector's middle half-4.8%within the sector's middle half▼ 46.8pp-28.9%below the sector's middle half▼ 33.7pp64.4%above the sector's middle half▲ 93.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30,239 after a loss of €27,872 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,094
Fixed assets
€4,667 ▲ 7.9%
Current assets
€36,426 ▼ 60.3%
Equity and liabilities €41,094
Equity
€20,568
Debt
€20,526
Debt finances 49.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€31,094▲
2024 · -€27,391
Cash flow
€27,303▲
2024 · -€27,287
Quick ratio
0.80▲
2024 · 0.57
Debt to equity
1.00▲
2024 · -17.34
ROE
128.6%
Interest coverage
129.65▲
2024 · -201.57
Debt ≤ 1 year
€20,526▼
2024 · €101,970
Income taxes
€3,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €490,673 | €716,642 | €810,239 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €479,340 | €709,200 | €844,058 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €268 | €481 | €481 | €855 | ▲ 77.8% |
| Other operating charges640/8 | €542 | €2,115 | €3,866 | €7,553 | ▲ 95.4% |
| Gross operating margin9900 | €13,393 | €7,442 | -€23,525 | €38,646 | ▲ 264% |
| Operating profit (loss)9901 | €12,583 | €4,846 | -€27,872 | €30,239 | ▲ 208% |
| Financial income75/76B | - | €0 | €240 | - | - |
| Recurring financial income75 | - | €0 | €240 | - | - |
| Financial charges65/66B | €16 | €55 | €136 | €240 | ▲ 76.5% |
| Recurring financial charges65 | €16 | €55 | €136 | €240 | ▲ 76.5% |
| Profit (loss) for the period before taxes9903 | €12,567 | €4,791 | -€27,767 | €29,999 | ▲ 208% |
| Income taxes67/77 | €2,513 | €958 | - | €3,550 | - |
| Profit (loss) for the period9904 | €10,054 | €3,833 | -€27,767 | €26,449 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €10,054 | €3,833 | -€27,767 | €26,449 | ▲ 195% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €19,480 | €79,074 | €96,090 | €41,094 | ▼ 57.2% |
| Fixed assets21/28 | €2,136 | €4,805 | €4,324 | €4,667 | ▲ 7.9% |
| Tangible fixed assets22/27 | €2,136 | €1,655 | €1,174 | €1,517 | ▲ 29.2% |
| Plant, machinery and equipment23 | €2,136 | €1,655 | €1,174 | €1,517 | ▲ 29.2% |
| Financial fixed assets28 | - | €3,150 | €3,150 | €3,150 | = |
| Current assets29/58 | €17,344 | €74,269 | €91,765 | €36,426 | ▼ 60.3% |
| Stocks and contracts in progress3 | €12,954 | €13,768 | €33,176 | €20,076 | ▼ 39.5% |
| Stocks30/36 | €12,954 | €13,768 | €33,176 | €20,076 | ▼ 39.5% |
| Amounts receivable within one year40/41 | €53 | €236 | €9,062 | €6,958 | ▼ 23.2% |
| Other amounts receivable41 | €53 | €236 | €9,062 | €6,958 | ▼ 23.2% |
| Cash at bank and in hand54/58 | €4,337 | €59,803 | €49,067 | €9,393 | ▼ 80.9% |
| Deferred charges and accrued income490/1 | - | €462 | €462 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €19,480 | €79,074 | €96,090 | €41,094 | ▼ 57.2% |
| Equity10/15 | €10,054 | €13,886 | -€5,881 | €20,568 | ▲ 450% |
| Contributions10/11 | - | - | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | €10,054 | €13,886 | -€13,881 | €12,568 | ▲ 191% |
| Amounts payable17/49 | €9,426 | €65,188 | €101,970 | €20,526 | ▼ 79.9% |
| Amounts payable within one year42/48 | €9,426 | €65,188 | €101,970 | €20,526 | ▼ 79.9% |
| Trade debts44 | €1,138 | €56,664 | €97,371 | €5,918 | ▼ 93.9% |
| Suppliers440/4 | €1,138 | €56,664 | €97,371 | €5,918 | ▼ 93.9% |
| Taxes, remuneration and social security45 | €8,288 | €8,136 | €4,599 | €14,608 | ▲ 218% |
| Taxes450/3 | €2,553 | €5,021 | €2,220 | €3,055 | ▲ 37.6% |
| Remuneration and social security454/9 | €5,735 | €3,115 | €2,379 | €11,553 | ▲ 386% |
| Other amounts payable47/48 | - | €387 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,054 | €3,833 | -€27,767 | €26,449 | ▲ 195% |
| + Depreciation and write-downs630 | €268 | €481 | €481 | €855 | ▲ 77.8% |
| Operating cash flow (approximation) | €10,321 | €4,314 | -€27,287 | €27,303 | ▲ 200% |
| Investment in fixed assets (approximation) | - | -€3,150 | €0 | -€1,198 | - |
| Change in cash | - | €55,467 | -€10,737 | -€39,674 | ▼ 270% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €26,449
Net result €26,449 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Weakest financial yearnet -€27,767
Net result drops to -€27,767, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 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, Houthalen-Helchteren · 2 establishment units since 2022
Ground area
1,546 m²
Building footprint
446 m²
Volume, LiDAR
2,510 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
MR EXPRESS
since 20222.328.274.073
SANDHU DAY SHOP
since 20232.343.963.725
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72452E1154/00K041 | Flanders | 828 m² | 1 · 167 m² | 11.1 m · 3 fl. |
| 72452E1153/00G078 | Flanders | 718 m² | 1 · 280 m² | 7.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHouthalen-Helchteren2.328.274.073
Houthalen-Helchteren2.343.963.725
Similar companies · same sector, comparable size
KABUL HM
BE 0807.295.465
Schaarbeek · Eq €20,566
SAMAR 786
BE 0676.603.803
Charleroi · Eq €20,565
B&M Communication et Management
BE 0767.432.227
Profondeville · Eq €20,589
MJ2 BEAUTY WORLD
BE 0636.857.854
Liège · Eq €20,594
Le Rep’aire
BE 1022.076.231
Hensies · Eq €20,594
Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 4,168 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
Founded23-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
41001General construction of residential buildings
47621Retail sale of newspapers and periodicals
56111Full-service restaurants
92000Gambling and betting activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782510975
Registered
23-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.