Universal Express
Open bankruptcyA bankruptcy procedure is open for Universal Express according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-2.78M) and a net result of €-1.79M.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-2.78M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
21 d early
2022
14 d early
2021
30 d early
2020
24 d early
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€5.48M▼ 30.3%
2023 · €7.87M
2018: €21.64M
2019: €19.51M
2020: €15.69M
2021: €16.06M
2022: €18.54M
2023: €7.87M
2018 → 2024
EBIT margin
-32.2%▲ 16.7pp
2023 · -48.9%
2018: 0.3%
2019: -0.2%
2020: -6.9%
2021: -5.4%
2022: -5.1%
2023: -48.9%
2018 → 2024
Net result
€-1.79M▲ 54.6%
2023 · €-3.94M
2018: €22k
2019: €65k
2020: €-1.05M
2021: €-948k
2022: €-980k
2023: €-3.94M
2018 → 2024
Working capital
€-10.30M▼ 21.1%
2023 · €-8.50M
2018: €-5.15M
2019: €-2.06M
2020: €-3.03M
2021: €-3.92M
2022: €-4.80M
2023: €-8.50M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€15.69M-€16.06M▲ 2.4%€18.54M▲ 15.4%€7.87M▼ 57.5%€5.48M▼ 30.3%
Equity€4.88M-€3.93M▼ 19.4%€2.95M▼ 24.9%€-987k€-2.78M▼ 181%
Operating result€-1.09M-€-872k▲ 19.7%€-941k▼ 7.9%€-3.85M▼ 309%€-1.76M▲ 54.2%
Net result€-1.05M-€-948k▲ 9.8%€-980k▼ 3.4%€-3.94M▼ 302%€-1.79M▲ 54.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.76M in 2024 against €3.85M in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.77M
Fixed assets
€7.80M▼ 0.1%
Current assets
€1.97M▼ 7.2%
Key figures and ratios
EBITDA
€-1.74M▲
2023 · €-3.82M
Cash flow
€-1.76M▲
2023 · €-3.92M
Solvency
-28.4%▼
2023 · -9.9%
Current ratio
0.16▼
2023 · 0.20
Quick ratio
0.16▼
2023 · 0.20
Debt / equity
-4.52▲
2023 · -11.06
ROA
-18.3%▲
2023 · -39.7%
Interest coverage
-141.94▼
2023 · -61.37
Debt
€12.54M▲
2023 · €10.92M
Debt ≤ 1 year
€12.27M▲
2023 · €10.63M
Debt > 1 year
€7k=
2023 · €7k
Income taxes
€3k▼
2023 · €3k
Staff costs
€774k▼
2023 · €2.01M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9.93M€9.77M▼
Fixed assets21/28€7.81M€7.80M▼
Tangible fixed assets22/27€73k€62k▼
Plant, machinery and equipment23€63k€49k▼
Furniture and vehicles24€10k€12k▲
Other tangible fixed assets26€0-
Financial fixed assets28€7.74M€7.74M=
Affiliated companies280/1€7.74M€7.74M=
Participating interests280€7.74M€7.74M=
Amounts receivable281€0-
Other financial fixed assets284/8€37€37=
Amounts receivable and cash guarantees285/8€37€37=
Current assets29/58€2.12M€1.97M▼
Stocks and contracts in progress3€128€128=
Stocks30/36€128€128=
Raw materials and consumables30/31€128€128=
Amounts receivable within one year40/41€1.77M€1.77M▲
Trade receivables40€1.61M€1.49M▼
Other amounts receivable41€162k€280k▲
Cash at bank and in hand54/58€136k€37k▼
Deferred charges and accrued income490/1€219k€161k▼
Equity and liabilities
Total equity and liabilities10/49€9.93M€9.77M▼
Equity10/15€-987k€-2.78M▼
Contributions10/11€4.47M€4.47M=
Capital10€4.47M€4.47M=
Issued capital100€4.47M€4.47M=
Reserves13€3.12M€3.12M=
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Distributable reserves133€2.97M€2.97M=
Profit (loss) carried forward14€-8.57M€-10.36M▼
Amounts payable17/49€10.92M€12.54M▲
Amounts payable after more than one year17€7k€7k=
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€10.63M€12.27M▲
Current portion of amounts payable after more than one year42€344k€175k▼
Financial debts43€279k€134k▼
Credit institutions430/8€279k€134k▼
Trade debts44€1.32M€1.49M▲
Suppliers440/4€1.32M€1.49M▲
Taxes, remuneration and social security45€644k€581k▼
Taxes450/3€141k€258k▲
Remuneration and social security454/9€503k€323k▼
Other amounts payable47/48€8.04M€9.88M▲
Accrued charges and deferred income492/3€285k€270k▼
Income statement
Code20232024
Operating income70/76A€7.98M€5.68M▼
Turnover70€7.87M€5.48M▼
Other operating income74€111k€199k▲
Non-recurring operating income76A€559-
Operating charges60/66A€11.83M€7.45M▼
Goods for resale, raw materials and consumables60€6.63M€4.14M▼
Purchases600/8€6.63M€4.14M▼
Services and other goods61€3.01M€2.40M▼
Remuneration, social security and pensions62€2.01M€774k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€792€8k▲
Other operating charges640/8€161k€101k▼
Non-recurring operating charges66A-€128
Operating profit (loss)9901€-3.85M€-1.76M▲
Financial income75/76B€10k€14k▲
Recurring financial income75€10k€14k▲
Other financial income752/9€10k€14k▲
Financial charges65/66B€98k€36k▼
Recurring financial charges65€98k€36k▼
Debt charges650€62k€12k▼
Other financial charges652/9€35k€24k▼
Profit (loss) for the period before taxes9903€-3.94M€-1.79M▲
Income taxes67/77€3k€3k▼
Taxes670/3€3k€3k▼
Profit (loss) for the period9904€-3.94M€-1.79M▲
Profit (loss) for the period to be appropriated9905€-3.94M€-1.79M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8.57M€-10.36M▼
Profit (loss) brought forward from the previous period14P€-4.63M€-8.57M▼
Social balance
Average headcount (FTE)908731.010.7▼
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SA UNIVERSAL EXPRESS CHAUSSEE DE VILVORDE 11, 1120 NEDER-OVER-HEEMBEEK · event 01-06-2026
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-3.94M
Net result drops to €-3.94M, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
31-12
Financial
Highest result since 2018net €65k ▲190%
Net result €65k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 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, Brussel · 6 establishment units since 1956
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vilvoordsesteenweg 111120 BrusselGround area
10.7 ha
Building footprint
2.2 ha
Volume, LiDAR
192,351 m³
6 parcels, Brussels, Flanders · tallest building 29.2 m, ±4 floors. Linked by address, not a title deed.
6 establishment units
Vilvoordsesteenweg 11, 1120 Brussel
since 19562.104.378.673
UNIVERSAL EXPRESS
since 19562.104.378.772
Kustlaan 180A, 8380 Brugge
since 19682.104.379.168
Universal Express
since 19742.104.378.970
Wijngaardveld 34, 9300 Aalst
since 19742.104.378.871
Universal Express
since 20222.336.357.341
6 parcels
Flanders
5
(83.3%)
Brussels
1
(16.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0052/00K000 | Flanders | 4.1 ha | 1 · 271 m² | 7.5 m · 2 fl. |
| 11818E0211/00C003 | Flanders | 3.3 ha | 1 · 3,281 m² | 29.2 m · 3 fl. |
| 31812Q0247/00E000 | Flanders | 9,854 m² | 1 · 4,012 m² | 11.9 m · 3 fl. |
| 23051A0291/00A000 | Flanders | 9,656 m² | 1 · 4,701 m² | - |
| 21819D0248/00N000 | Brussels | 9,219 m² | 1 · 6,759 m² | 20.1 m · 4 fl. |
| 31812P0142/00G011 | Flanders | 4,421 m² | 1 · 2,809 m² | 19.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 5
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | EMMANUELLE BOUILLON CHAUSSEE DE LA
HULPE 187, 1170 WATERMAEL-BOITSFORT |
01-06-2026 → present |
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
01-06-2026 → present |
| Curator | Catherine HERINCKX AVENUE DU
CONGO 1, 1050 IXELLES |
01-06-2026 → present |
Structure & network
Connections & network
5 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Show 1 more network connections
Shared address
→
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAalst2.104.378.871
Antwerpen2.104.378.970
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 2,426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-07-1956
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
63401
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.