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TWE-EXPRESS

Active
Private limited companyfounded 20242 yrs activeWedijverstraat 18, 1070 Anderlecht, BelgiumKBO/BCE: BE 1006.069.647
Summary

The computed 12-month bankruptcy probability of TWE-EXPRESS is 11.3% (high). The annual accounts of TWE-EXPRESS for fiscal year 2025 show a net loss of 50% of the equity at the start of that year. The 2025 annual accounts show equity of €2,679 and a net result of -€2,722. Its solvency ranks better than 47% of 488 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability31▼-43
Solvency54▼-24
Growth32
Track record82
Bankruptcy probability, 12 months
11.3% High
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 0.53 against 0.13 in 2024; short-term debt: 71% and cash: 17.9% of total assets), and 71% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
29%
Return on assets
-29.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 d late
2024
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 77 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TWE-EXPRESS was incorporated on 15 February 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€5,661
EBIT margin
-10.2%
Net result
-€2,722▼ 354%
2024 · -€599
Working capital
-€3,072▲ 26.6%
2024 · -€4,182
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier 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
Line20242025
Turnover€5,661-
Operating result-€580--€3,205▼ 453%
Net result-€599within the sector's middle half--€2,722within the sector's middle half▼ 354%
EBIT margin-10.2%-
Equity€5,401within the sector's middle half-€2,679within the sector's middle half▼ 50.4%
Total assets€10,219below the sector's middle half-€9,235below the sector's middle half▼ 9.6%
Debt€4,818-€6,556▲ 36.1%
Working capital-€4,182within the sector's middle half--€3,072within the sector's middle half▲ 26.6%
Solvency52.9%within the sector's middle half-29.0%within the sector's middle half▼ 23.8pp
Current ratio0.13below the sector's middle half-0.53below the sector's middle half▲ 0.40
Return on assets (ROA)-5.9%below the sector's middle half--29.5%below the sector's middle half▼ 23.6pp
above within below the middle half (P25 to P75) of NACE 53, Postal and courier activities, 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
-€4,000-€3,000-€2,000-€1,000€0Operating result 2024: -€580-€580Net result 2024: -€599-€599Operating result 2025: -€3,205-€3,205Net result 2025: -€2,722-€2,72220242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2024: -€580-€580Net result 2024: -€599-€599Operating result 2025: -€3,205-€3,200Net result 2025: -€2,722-€2,72020242025
The operating result stays negative: a loss of €3,205 in 2025 against €580 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9,235
Fixed assets €5,750 ▼ 40.0%
Current assets €3,484 ▲ 448%
Equity and liabilities €9,235
Equity €2,679 ▼ 50.4%
Debt €6,556 ▲ 36.1%
Debt's share of the balance-sheet total rises from 47.1% to 71.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€628▼
2024 · €1,337
Cash flow
€1,111▼
2024 · €1,318
Debt to equity
2.45▲
2024 · 0.89
ROE
-101.6%▼
2024 · -11.1%
Interest coverage
3.70▼
2024 · 68.57
Debt ≤ 1 year
€6,556▲
2024 · €4,818
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
4.1% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 11.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,206 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,219€9,235▼
Fixed assets21/28€9,583€5,750▼
Tangible fixed assets22/27€9,583€5,750▼
Furniture and vehicles24€9,583€5,750▼
Current assets29/58€636€3,484▲
Amounts receivable within one year40/41€636€1,827▲
Trade receivables40€636€1,827▲
Cash at bank and in hand54/58-€1,657
Equity and liabilities
Total equity and liabilities10/49€10,219€9,235▼
Equity10/15€5,401€2,679▼
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€599-€3,321▼
Amounts payable17/49€4,818€6,556▲
Amounts payable within one year42/48€4,818€6,556▲
Financial debts43€9-
Credit institutions430/8€9-
Trade debts44€688€1,012▲
Suppliers440/4€688€1,012▲
Taxes, remuneration and social security45€644€4,918▲
Taxes450/3€644€618▼
Remuneration and social security454/9-€4,300
Other amounts payable47/48€3,477€626▼
Income statement Code20242025
Turnover70€5,661-
Goods, raw materials, services and sundry goods60/61€3,611-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,917€3,833▲
Other operating charges640/8€713€1,575▲
Gross operating margin9900€2,050€2,204▲
Operating profit (loss)9901-€580-€3,205▼
Financial income75/76B-€652
Recurring financial income75-€652
Financial charges65/66B€20€170▲
Recurring financial charges65€20€170▲
Profit (loss) for the period before taxes9903-€599-€2,722▼
Profit (loss) for the period9904-€599-€2,722▼
Profit (loss) for the period to be appropriated9905-€599-€2,722▼
Appropriation of the result
Profit (loss) to be appropriated9906-€599-€3,321▼
Profit (loss) brought forward from the previous period14P--€599

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€5,661--
Goods, raw materials, services and sundry goods60/61€3,611--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,917€3,833▲ 100.0%
Other operating charges640/8€713€1,575▲ 121%
Gross operating margin9900€2,050€2,204▲ 7.5%
Operating profit (loss)9901-€580-€3,205▼ 453%
Financial income75/76B-€652-
Recurring financial income75-€652-
Financial charges65/66B€20€170▲ 770%
Recurring financial charges65€20€170▲ 770%
Profit (loss) for the period before taxes9903-€599-€2,722▼ 354%
Profit (loss) for the period9904-€599-€2,722▼ 354%
Profit (loss) for the period to be appropriated9905-€599-€2,722▼ 354%
Line20242025Change
Assets
Total assets20/58€10,219€9,235▼ 9.6%
Fixed assets21/28€9,583€5,750▼ 40.0%
Tangible fixed assets22/27€9,583€5,750▼ 40.0%
Furniture and vehicles24€9,583€5,750▼ 40.0%
Current assets29/58€636€3,484▲ 448%
Amounts receivable within one year40/41€636€1,827▲ 187%
Trade receivables40€636€1,827▲ 187%
Cash at bank and in hand54/58-€1,657-
Equity and liabilities
Total equity and liabilities10/49€10,219€9,235▼ 9.6%
Equity10/15€5,401€2,679▼ 50.4%
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€599-€3,321▼ 454%
Amounts payable17/49€4,818€6,556▲ 36.1%
Amounts payable within one year42/48€4,818€6,556▲ 36.1%
Financial debts43€9--
Credit institutions430/8€9--
Trade debts44€688€1,012▲ 47.1%
Suppliers440/4€688€1,012▲ 47.1%
Taxes, remuneration and social security45€644€4,918▲ 664%
Taxes450/3€644€618▼ 4.0%
Remuneration and social security454/9-€4,300-
Other amounts payable47/48€3,477€626▼ 82.0%
Line20242025Change
Profit (loss) for the period9904-€599-€2,722▼ 354%
+ Depreciation and write-downs630€1,917€3,833▲ 100.0%
Operating cash flow (approximation)€1,318€1,111▼ 15.7%
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
01-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
NBB filing
0 of 1 act read
About the unread acts

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.

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Directors · office · real estate

Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
305 m²
Building footprint
276 m²
Volume, LiDAR
1,758 m³
Parcel 21304B0051/00B005, Brussels · tallest building 14.1 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
TWE-EXPRESS
Wedijverstraat 18, 1070 AnderlechtRetail trade
since 20242.359.532.918
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21304B0051/00B005 Brussels 305 m² 1 · 276 m² 14.1 m · 1 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.

Similar companies · same sector, comparable size

Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 476 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
Founded15-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
47120Other non-specialised retail sale
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006069647
Also 9925:BE1006069647
Registered 25-11-2025

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.