TABAK EXPRESS
ActiveSummary
TABAK EXPRESS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €530,865 and a net result of €113,122. Equity is growing by ~59.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 9086 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+1
Solvency73▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.24 in 2023; short-term debt: 51.9% and cash: 8.3% of total assets), but 52.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
26 d late
2022
70 d late
2021
54 d late
2020
31 d late
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€530,865▲ 17.3%
2023 · €452,409
Total assets
€1.1m▼ 11.5%
2023 · €1.3m
Net result
€113,122▼ 10.1%
2023 · €125,875
Working capital
€330,596▲ 71.5%
2023 · €192,789
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line20202021202220232024
Operating result€62,524▲ 46.8%€95,112▲ 52.1%€257,529▲ 171%€173,094▼ 32.8%€170,970▼ 1.2%
Net result€56,467within the sector's middle half▲ 50.8%€86,692within the sector's middle half▲ 53.5%€219,419above the sector's middle half▲ 153%€125,875within the sector's middle half▼ 42.6%€113,122within the sector's middle half▼ 10.1%
Equity€106,289below the sector's middle half▲ 52.0%€176,381within the sector's middle half▲ 65.9%€361,200within the sector's middle half▲ 105%€452,409within the sector's middle half▲ 25.3%€530,865within the sector's middle half▲ 17.3%
Total assets€419,188below the sector's middle half▼ 7.4%€625,351within the sector's middle half▲ 49.2%€965,631within the sector's middle half▲ 54.4%€1.3mwithin the sector's middle half▲ 29.7%€1.1mwithin the sector's middle half▼ 11.5%
Debt€312,899▼ 18.3%€448,970▲ 43.5%€604,431▲ 34.6%€800,368▲ 32.4%€577,287▼ 27.9%
Working capital€68,135within the sector's middle half▲ 328%€94,040within the sector's middle half▲ 38.0%€105,160within the sector's middle half▲ 11.8%€192,789within the sector's middle half▲ 83.3%€330,596within the sector's middle half▲ 71.5%
Solvency25.4%within the sector's middle half▲ 9.9pp28.2%within the sector's middle half▲ 2.8pp37.4%within the sector's middle half▲ 9.2pp36.1%within the sector's middle half▼ 1.3pp47.9%within the sector's middle half▲ 11.8pp
Current ratio1.25within the sector's middle half▲ 0.201.22within the sector's middle half▼ 0.021.18within the sector's middle half▼ 0.041.24within the sector's middle half▲ 0.061.57within the sector's middle half▲ 0.33
Return on assets (ROA)13.5%above the sector's middle half▲ 5.2pp13.9%above the sector's middle half▲ 0.4pp22.7%above the sector's middle half▲ 8.9pp10.0%within the sector's middle half▼ 12.7pp10.2%within the sector's middle half▲ 0.2pp
Staff (FTE)3.3within the sector's middle half▲ 50.0%4.7within the sector's middle half▲ 42.4%7.1within the sector's middle half▲ 51.1%9.3above the sector's middle half▲ 31.0%7.1within the sector's middle half▼ 23.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€202,311 ▼ 25.3%
Current assets
€905,841 ▼ 7.8%
Equity and liabilities €1.1m
Equity
€530,865 ▲ 17.3%
Debt
€577,287 ▼ 27.9%
Debt's share of the balance-sheet total falls from 63.9% to 52.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€240,412▲
2023 · €237,947
Cash flow
€182,564▼
2023 · €190,728
Quick ratio
1.18▲
2023 · 0.91
Debt to equity
1.09▼
2023 · 1.77
ROE
21.3%▼
2023 · 27.8%
Interest coverage
7.30▼
2023 · 10.40
Debt ≤ 1 year
€575,245▼
2023 · €789,201
Debt > 1 year
€0▼
2023 · €9,124
Income taxes
€25,068▼
2023 · €26,186
Staff costs
€253,851▼
2023 · €337,541
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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 34,679 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €103,494 | €218,905 | €337,541 | €253,851 | ▼ 24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,919 | €31,486 | €32,783 | €64,853 | €69,442 | ▲ 7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €24,233 | -€24,233 | €143,003 | €46,314 | ▼ 67.6% |
| Other operating charges640/8 | - | €9,462 | €63,986 | €9,102 | €11,799 | ▲ 29.6% |
| Non-recurring operating charges66A | - | €12,392 | €0 | - | - | - |
| Gross operating margin9900 | €137,594 | €276,180 | €548,971 | €727,593 | €552,376 | ▼ 24.1% |
| Operating profit (loss)9901 | €62,524 | €95,112 | €257,529 | €173,094 | €170,970 | ▼ 1.2% |
| Financial income75/76B | - | €5,296 | €14,974 | €1,847 | €168 | ▼ 90.9% |
| Recurring financial income75 | €5,397 | €5,296 | €14,974 | €1,847 | €168 | ▼ 90.9% |
| Financial charges65/66B | - | €8,018 | €9,883 | €22,880 | €32,948 | ▲ 44.0% |
| Recurring financial charges65 | €5,090 | €8,018 | €9,883 | €22,880 | €32,948 | ▲ 44.0% |
| Profit (loss) for the period before taxes9903 | €62,831 | €92,390 | €262,621 | €152,061 | €138,190 | ▼ 9.1% |
| Income taxes67/77 | €6,364 | €5,698 | €43,202 | €26,186 | €25,068 | ▼ 4.3% |
| Profit (loss) for the period9904 | €56,467 | €86,692 | €219,419 | €125,875 | €113,122 | ▼ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €56,467 | €86,692 | €219,419 | €125,875 | €113,122 | ▼ 10.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €419,188 | €625,351 | €965,631 | €1.3m | €1.1m | ▼ 11.5% |
| Fixed assets21/28 | €74,652 | €109,714 | €274,289 | €270,787 | €202,311 | ▼ 25.3% |
| Tangible fixed assets22/27 | €62,600 | €97,662 | €260,917 | €257,415 | €188,939 | ▼ 26.6% |
| Land and buildings22 | - | - | €30,593 | €27,307 | €24,022 | ▼ 12.0% |
| Plant, machinery and equipment23 | - | €59,761 | €79,818 | €112,250 | €81,605 | ▼ 27.3% |
| Furniture and vehicles24 | - | €37,901 | €150,506 | €117,858 | €83,312 | ▼ 29.3% |
| Financial fixed assets28 | €12,052 | €12,052 | €13,372 | €13,372 | €13,372 | = |
| Current assets29/58 | €344,536 | €515,637 | €691,342 | €981,990 | €905,841 | ▼ 7.8% |
| Stocks and contracts in progress3 | €181,639 | €193,168 | €178,645 | €267,331 | €229,611 | ▼ 14.1% |
| Stocks30/36 | - | €193,168 | €178,645 | €267,331 | €229,611 | ▼ 14.1% |
| Amounts receivable within one year40/41 | €94,058 | €292,644 | €468,140 | €683,764 | €580,171 | ▼ 15.2% |
| Trade receivables40 | - | €292,071 | €439,422 | €639,545 | €531,953 | ▼ 16.8% |
| Other amounts receivable41 | - | €573 | €28,718 | €44,219 | €48,219 | ▲ 9.0% |
| Cash at bank and in hand54/58 | €66,373 | €28,434 | €44,443 | €28,770 | €92,028 | ▲ 220% |
| Deferred charges and accrued income490/1 | - | €1,391 | €114 | €2,124 | €4,031 | ▲ 89.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €419,188 | €625,351 | €965,631 | €1.3m | €1.1m | ▼ 11.5% |
| Equity10/15 | €106,289 | €176,381 | €361,200 | €452,409 | €530,865 | ▲ 17.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €100,089 | €170,181 | €355,000 | €446,209 | €524,665 | ▲ 17.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €168,321 | €353,140 | €444,349 | €522,805 | ▲ 17.7% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €312,899 | €448,970 | €604,431 | €800,368 | €577,287 | ▼ 27.9% |
| Amounts payable after more than one year17 | €36,497 | €27,373 | €18,249 | €9,124 | €0 | ▼ 100% |
| Financial debts170/4 | - | €27,373 | €18,249 | €9,124 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €276,402 | €421,597 | €586,182 | €789,201 | €575,245 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | - | €9,124 | €9,124 | €9,124 | €9,124 | = |
| Trade debts44 | €29,647 | €42,196 | €108,210 | €265,242 | €25,342 | ▼ 90.4% |
| Suppliers440/4 | - | €42,196 | €108,210 | €265,242 | €25,342 | ▼ 90.4% |
| Taxes, remuneration and social security45 | - | €29,423 | €86,899 | €111,694 | €94,664 | ▼ 15.2% |
| Taxes450/3 | - | €24,997 | €54,121 | €63,623 | €58,126 | ▼ 8.6% |
| Remuneration and social security454/9 | - | €4,426 | €32,779 | €48,071 | €36,538 | ▼ 24.0% |
| Other amounts payable47/48 | - | €340,854 | €381,949 | €403,140 | €446,114 | ▲ 10.7% |
| Accrued charges and deferred income492/3 | - | - | - | €2,042 | €2,042 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,467 | €86,692 | €219,419 | €125,875 | €113,122 | ▼ 10.1% |
| + Depreciation and write-downs630 | €24,919 | €31,486 | €32,783 | €64,853 | €69,442 | ▲ 7.1% |
| Operating cash flow (approximation) | €81,386 | €118,179 | €252,202 | €190,728 | €182,564 | ▼ 4.3% |
| Investment in fixed assets (approximation) | - | -€66,549 | -€197,358 | -€61,351 | -€966 | ▲ 98.4% |
| Change in cash | - | -€37,939 | €16,009 | -€15,673 | €63,257 | ▲ 504% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Equity above €500,000Eq €530,865 ▲17.3%
6 profitable years in a row build equity to €530,865.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €219,419 ▲153%
Operating result €257,529, net result €219,419, both a record.
31-12
Financial
Equity above €200,000Eq €361,200 ▲105%
4 profitable years in a row build equity to €361,200.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
2021
31-12
Financial
Equity above €150,000Eq €176,381 ▲65.9%
3 profitable years in a row build equity to €176,381.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €106,289 ▲52%
2 profitable years in a row build equity to €106,289.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €37,434
Net result €37,434 after one loss-making year.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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.
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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, Roeselare · 1 establishment unit since 2015
Ground area
1,350 m²
Building footprint
409 m²
Volume, LiDAR
2,269 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TABAK EXPRESS
since 20152.245.450.822
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0529/00E002 | Flanders | 1,151 m² | 1 · 289 m² | 6.5 m · 2 fl. |
| 36504D0850/00H005 | Flanders | 199 m² | 1 · 120 m² | 11.6 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 to 2023 · 3 entries · 1,592 EUR awarded · 1,592 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 842 EUR | 842 EUR |
| 2022 | 1 | 750 EUR | 750 EUR |
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 4 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Show 4 ended approvals
Winkelbediende (so)
Aanvuller (so)
Kassier (so)
Winkelbediende (so)
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Of 1,582 companies in sector 46349 we hold annual accounts for 990. 672 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)
Founded15-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
46341Wholesale of wines and spirits
47252Retail sale of beverages, general range
47260Retail trade
47621Retail sale of newspapers and periodicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552969779
Also
9925:BE0552969779
Registered
15-07-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.