OFFICE EXPRESS
ActiveSummary
The annual accounts of OFFICE EXPRESS for fiscal year 2025 show a net loss of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €2,493 and a net result of -€35,123. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 14% of 7814 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▲+1
Solvency26▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.01 against 0.26 in 2024; short-term debt: 62.6% and cash: 0.5% of total assets), and 99.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.6%
Return on assets
-9.1%
Age of the figures
12 mo
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 -€35,123
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7814 sector peers (2025).
NBB · sector comparisonPosition among 7814 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
22 d early
2023
21 d late
2022
28 d late
2021
16 d late
2020
30 d late
2019
26 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 17 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€35,123▲ 2.8%
2024 · -€36,122
Working capital
-€239,752▼ 327%
2024 · -€56,136
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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€10,811▲ 161%€3,514▼ 67.5%€8,325▲ 137%-€28,567-€26,539▲ 7.1%
Net result€5,486within the sector's middle half€307within the sector's middle half▼ 94.4%€1,548within the sector's middle half▲ 404%-€36,122below the sector's middle half-€35,123below the sector's middle half▲ 2.8%
Equity€71,882within the sector's middle half▲ 8.3%€72,190within the sector's middle half▲ 0.4%€73,738within the sector's middle half▲ 2.1%€37,616within the sector's middle half▼ 49.0%€2,493below the sector's middle half▼ 93.4%
Total assets€339,544within the sector's middle half▼ 1.8%€321,263below the sector's middle half▼ 5.4%€412,245within the sector's middle half▲ 28.3%€367,962above the sector's middle half▼ 10.7%€386,522above the sector's middle half▲ 5.0%
Debt€227,662▼ 4.8%€209,073▼ 8.2%€321,007▲ 53.5%€330,346▲ 2.9%€384,030▲ 16.3%
Working capital-€24,288▲ 42.2%-€39,965▼ 64.5%€67,558-€56,136-€239,752▼ 327%
Solvency21.2%within the sector's middle half▲ 2.0pp22.5%within the sector's middle half▲ 1.3pp17.9%within the sector's middle half▼ 4.6pp10.2%below the sector's middle half▼ 7.7pp0.6%below the sector's middle half▼ 9.6pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26,539 in 2025 against €28,567 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €386,522
Fixed assets
€384,451 ▲ 10.3%
Current assets
€2,071 ▼ 89.4%
Equity and liabilities €386,522
Equity
€2,493 ▼ 93.4%
Debt
€384,030 ▲ 16.3%
Debt's share of the balance-sheet total rises from 89.8% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€12,768▲
2024 · -€17,570
Cash flow
-€21,352▲
2024 · -€25,125
Current ratio
0.01▼
2024 · 0.26
ROA
-9.1%▲
2024 · -9.8%
Interest coverage
-1.49▲
2024 · -2.09
Debt ≤ 1 year
€241,823▲
2024 · €75,594
Debt > 1 year
€133,600▼
2024 · €246,079
A ratio outside any meaningful range has been withheld (balance sheet total €386,522, equity €2,493).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.1%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 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 974 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,373 | €9,521 | €9,595 | €10,997 | €13,771 | ▲ 25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€20,246 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€22,500 | - | - | - |
| Other operating charges640/8 | €1,516 | €838 | €32,956 | €1,712 | €1,772 | ▲ 3.5% |
| Gross operating margin9900 | €21,700 | €13,873 | €8,129 | -€15,859 | -€10,996 | ▲ 30.7% |
| Operating profit (loss)9901 | €10,811 | €3,514 | €8,325 | -€28,567 | -€26,539 | ▲ 7.1% |
| Financial income75/76B | - | - | €9 | - | - | - |
| Recurring financial income75 | - | - | €9 | - | - | - |
| Financial charges65/66B | €4,324 | €3,658 | €5,886 | €8,394 | €8,584 | ▲ 2.3% |
| Recurring financial charges65 | €4,324 | €3,658 | €5,886 | €8,394 | €8,584 | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | €6,486 | -€144 | €2,448 | -€36,962 | -€35,123 | ▲ 5.0% |
| Income taxes67/77 | €1,000 | -€451 | €900 | -€840 | - | - |
| Profit (loss) for the period9904 | €5,486 | €307 | €1,548 | -€36,122 | -€35,123 | ▲ 2.8% |
| Profit (loss) for the period to be appropriated9905 | €5,486 | €307 | €1,548 | -€36,122 | -€35,123 | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339,544 | €321,263 | €412,245 | €367,962 | €386,522 | ▲ 5.0% |
| Fixed assets21/28 | €318,699 | €310,289 | €300,694 | €348,504 | €384,451 | ▲ 10.3% |
| Tangible fixed assets22/27 | €316,575 | €308,165 | €298,570 | €348,504 | €384,451 | ▲ 10.3% |
| Land and buildings22 | €316,575 | €306,878 | €297,830 | €347,186 | €383,527 | ▲ 10.5% |
| Furniture and vehicles24 | - | €1,287 | €740 | €1,318 | €924 | ▼ 29.9% |
| Financial fixed assets28 | €2,124 | €2,124 | €2,124 | - | - | - |
| Current assets29/58 | €20,845 | €10,974 | €111,551 | €19,459 | €2,071 | ▼ 89.4% |
| Amounts receivable within one year40/41 | €10,737 | €10,737 | - | €185 | - | - |
| Trade receivables40 | €10,737 | €10,737 | - | €185 | - | - |
| Cash at bank and in hand54/58 | €9,903 | €27 | €111,551 | €19,003 | €2,071 | ▼ 89.1% |
| Deferred charges and accrued income490/1 | €206 | €211 | - | €270 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339,544 | €321,263 | €412,245 | €367,962 | €386,522 | ▲ 5.0% |
| Equity10/15 | €71,882 | €72,190 | €73,738 | €37,616 | €2,493 | ▼ 93.4% |
| Contributions10/11 | €12,396 | €12,396 | €12,396 | €12,396 | €12,396 | = |
| Reserves13 | €59,486 | €59,794 | €61,342 | €40,797 | €40,797 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €57,627 | €57,934 | €59,482 | €38,937 | €38,937 | = |
| Profit (loss) carried forward14 | - | - | - | -€15,577 | -€50,700 | ▼ 225% |
| Provisions and deferred taxes16 | €40,000 | €40,000 | €17,500 | - | - | - |
| Provisions for liabilities and charges160/5 | €40,000 | €40,000 | €17,500 | - | - | - |
| Other liabilities and charges164/5 | €40,000 | €40,000 | €17,500 | - | - | - |
| Amounts payable17/49 | €227,662 | €209,073 | €321,007 | €330,346 | €384,030 | ▲ 16.3% |
| Amounts payable after more than one year17 | €170,224 | €149,456 | €268,409 | €246,079 | €133,600 | ▼ 45.7% |
| Financial debts170/4 | €164,374 | €149,456 | €268,409 | €246,079 | €133,600 | ▼ 45.7% |
| Other amounts payable178/9 | €5,850 | - | - | - | - | - |
| Amounts payable within one year42/48 | €45,133 | €50,939 | €43,993 | €75,594 | €241,823 | ▲ 220% |
| Current portion of amounts payable after more than one year42 | €10,175 | €19,963 | €30,300 | €28,187 | €27,479 | ▼ 2.5% |
| Trade debts44 | €11,097 | €13,615 | €12,698 | €17,408 | €10,743 | ▼ 38.3% |
| Suppliers440/4 | €11,097 | €13,615 | €12,698 | €17,408 | €10,743 | ▼ 38.3% |
| Taxes, remuneration and social security45 | €1,000 | €549 | €995 | - | - | - |
| Taxes450/3 | €1,000 | €549 | €995 | - | - | - |
| Other amounts payable47/48 | €22,861 | €16,812 | - | €30,000 | €203,602 | ▲ 579% |
| Accrued charges and deferred income492/3 | €12,306 | €8,678 | €8,606 | €8,673 | €8,606 | ▼ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,486 | €307 | €1,548 | -€36,122 | -€35,123 | ▲ 2.8% |
| + Depreciation and write-downs630 | €9,373 | €9,521 | €9,595 | €10,997 | €13,771 | ▲ 25.2% |
| Operating cash flow (approximation) | €14,859 | €9,828 | €11,143 | -€25,125 | -€21,352 | ▲ 15.0% |
| Investment in fixed assets (approximation) | - | -€1,110 | €0 | -€58,807 | -€49,719 | ▲ 15.5% |
| Change in cash | - | -€9,876 | €111,524 | -€92,548 | -€16,932 | ▲ 81.7% |
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€36,122
Net result drops to -€36,122, the lowest in the series; recovery starts the following year.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
30-09
Financial
Liquidity times 12current ratio 2.54
Current ratio from 0.22 to 2.54; short-term debt falls from €50,939 to €43,993.
28-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
30-09
Financial
Back to profitnet €5,486
Net result €5,486 after one loss-making year.
30-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Ground area
93 m²
Building footprint
93 m²
Volume, LiDAR
1,099 m³
Parcel 21009A0340/00F006, Brussels · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
OFFICE EXPRESS
since 19982.054.053.588
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0340/00F006 | Brussels | 93 m² | 1 · 93 m² | 15.9 m · 5 fl. |
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.
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. 890 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)
Founded23-08-1991
Fiscal year end30-09
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444897626
Also
9925:BE0444897626
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.