Financials
- Financial year
- 2025
- Total assets
- €368,850
- Loss
- -€45,191
- Solvency
- 50.3%
Total assets▲ 21.7%
Net result
20182025
NEW KGL EXPRESS
Special situationSummary
The file of NEW KGL EXPRESS contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of NEW KGL EXPRESS as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €185,715 and a net result of -€45,191. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 62% of 5,764 sector peers (NACE 49, financial year 2025).
Overview
Activity
Freight transport by road
NACE 49410
1 site
Size
€368,850total assets 2025
- Equity
- €185,715
- Loss
- -€45,191
Turnover not published (micro format)
Financial health
24
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 4 days early1 of 3 deeds read
Signalsraises riskRegister: special situationReorganisation plan being carried outneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
24
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
75-25
equity 50.3% of total assets
Liquidity
50-33
short-term debt 49.7%
Profitability
3-97
return on assets -12.3%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 2.0, compared with 4.13 in 2024, above the usual 1.5; short-term debt: 49.7% of total assets), and 49.7% of the assets are financed with debt and provisions.
Signals
Three signals.
raises riskneutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
266 days late
2023
302 days late
2022
131 days late
2021
313 days late
2020
125 days late
2019
152 days 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 184 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 April (4 of the last 5 filed years within 135 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
- Plan homologationFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2025 · micro…
- OpeningFrench-language Enterprise Court of Brussels…
Key points
By topic
Timeline
- Events
- 19
- Since
- 2017
- Next accounts
- by 31-07-2027
- 23-04-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 19-09-2025Resignation: Patrick Urukundo (director)
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Freight transport by roadNACE 49410
- Founded
- 25-04-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.