Active BE 0783.310.236Private limited company

RED EXPRESS

Pijnboomstraat 28 ·2800 Mechelen, Belgium· 4 yrs active

Sector: Other postal and courier activities (53200)

Conclusion Checked

The computed 12-month bankruptcy probability of RED EXPRESS is 4.5% (elevated). The 2024 annual accounts show equity of €161k and a net result of €94k. Its solvency ranks better than 95% of 255 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€161k
Net result	€94k
Better than sector	95%
Active	4 yrs

Financial profile 5 of 5 axes measured · computed by Checked

94 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

4.5% Elevated

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 31-12-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 53, Postal and courier activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	91.8%	31.2%	better than 95% of 255 sector peers
Net result	€94k	€9k	better than 95% of 255 sector peers
Equity	€161k	€22k	better than 95% of 255 sector peers
Gross operating margin	€101k	€39k	better than 71% of 254 sector peers
Total assets	€176k	€81k	better than 80% of 257 sector peers

EBITDA

€100k

+62.2% 23-24

Net profit

€94k

+63.4% 23-24

Cash flow

€100k

+65.5% 23-24

Total assets

€176k

+101.3% 23-24

Equity

€161k

+139.2% 23-24

Working capital

€135k

+229.1% 23-24

Income taxes

€500

- 23-24

Debt

€14k

-27.4% 23-24

Debt ≤ 1y

€14k

-27.4% 23-24

Current ratio

10.41

+238.6% 23-24

Quick ratio

10.41

+238.6% 23-24

Solvency

91.8%

+18.8% 23-24

Debt / equity

0.09

-69.7% 23-24

ROE

58.2%

-31.7% 23-24

ROA

53.4%

-18.8% 23-24

Interest coverage

1843.30

+903.2% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	€100k
Net profit	€94k
Cash flow	€100k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€176k
Equity	€161k
Debt	€14k
of which ≤ 1y	€14k
of which > 1y	-
Working capital	€135k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	10.41
Quick ratio	10.41
Working capital ratio	77.0%
Solvency	91.8%
Debt / equity	0.09
Long-term debt ratio	-
Interest coverage	1843.30
Gross margin	-
Net margin	-
ROA	53.4%
ROE	58.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €26k · 14.8% Current assets €150k · 85.2%

Equity & liabilities

Equity €161k · 91.8% Debt €14k · 8.2%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€176k
Fixed assets	21/28	€26k
Tangible fixed assets	22/27	€21k
Financial fixed assets	28	€5k
Current assets	29/58	€150k
Amounts receivable within one year	40/41	€39k
Cash & bank	54/58	€108k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€176k
Equity	10/15	€161k
Contributions / capital	10/11	€10k
Accumulated profits (losses)	14	€151k
Amounts payable	17/49	€14k
Amounts payable within one year	42/48	€14k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€101k
Operating result	9901	€93k
Financial income	75	€726
Financial charges	65	€54
Result before taxes	9903	€94k
Net result for the period	9904	€94k
Result to be appropriated	9905	€94k

Legal Structure

NACE primary	Other postal and courier activities(53200)
Legal form	Private limited company(610)
Incorporation	11-03-2022
Status	Active
Postal code	2800

Establishment units 1 location

RED EXPRESS

Pijnboomstraat 28, 2800 MechelenOther postal and courier activities

since 20222.329.442.231

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12403E0401/00Y000	Flanders	268 m²	1 · 106 m²	11.0 m · 3 fl.

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.

Updates 2 events

All 4Financial 2Filings 2

2025

31-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 153 days late

2024

31-12

Financial Liquidity triplescurrent ratio 10.41

Current ratio from 3.07 to 10.41; short-term debt falls from €20k to €14k.

31-12

Financial Equity above €150kEq €161k ▲139%

2 profitable years in a row build equity to €161k.

30-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 152 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Other postal and courier activities53200Postal and courier activities53100

Names & trade names

Legal nameNL

RED EXPRESS

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