XM - EXPRESS
ActiveSummary
XM - EXPRESS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113,939 and a net result of -€913. Equity is growing by ~22.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability42▼-6
Solvency37=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.38 in 2023; short-term debt: 28.3% and cash: 0.6% of total assets), and 87.6% of the assets are financed with debt.
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Signals
Four 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% 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
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 2024Solvency, return and age of the figures
Solvency
12.4%
Return on assets
-0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
3 d early
2023
30 d early
2022
34 d early
2021
34 d early
2020
17 d late
2019
61 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 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Equity
€113,939▼ 0.8%
2023 · €114,852
Total assets
€916,235▼ 1.9%
2023 · €933,727
Net result
-€913
2023 · €850
Working capital
-€151,445▼ 2.6%
2023 · -€147,661
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€140,929▲ 1,193%€18,155▼ 87.1%€9,648▼ 46.9%-€941-€11,170▼ 1,087%
Net result€101,762within the sector's middle half▲ 2,584%€25,522within the sector's middle half▼ 74.9%€10,177within the sector's middle half▼ 60.1%€850below the sector's middle half▼ 91.7%-€913below the sector's middle half
Equity€78,303below the sector's middle half€103,825below the sector's middle half▲ 32.6%€114,002below the sector's middle half▲ 9.8%€114,852below the sector's middle half▲ 0.7%€113,939below the sector's middle half▼ 0.8%
Total assets€924,203within the sector's middle half▲ 2.1%€919,185within the sector's middle half▼ 0.5%€923,236within the sector's middle half▲ 0.4%€933,727within the sector's middle half▲ 1.1%€916,235within the sector's middle half▼ 1.9%
Debt€810,510▼ 12.8%€782,052▼ 3.5%€778,008▼ 0.5%€789,730▲ 1.5%€775,233▼ 1.8%
Working capital-€10,308below the sector's middle half▲ 94.2%-€71,703below the sector's middle half▼ 596%-€81,332below the sector's middle half▼ 13.4%-€147,661below the sector's middle half▼ 81.6%-€151,445below the sector's middle half▼ 2.6%
Solvency8.5%below the sector's middle half▲ 11.1pp11.3%below the sector's middle half▲ 2.8pp12.3%below the sector's middle half▲ 1.1pp12.3%below the sector's middle half=12.4%below the sector's middle half▲ 0.1pp
Current ratio0.95below the sector's middle half▲ 0.710.61below the sector's middle half▼ 0.330.59below the sector's middle half▼ 0.030.38below the sector's middle half▼ 0.200.42below the sector's middle half▲ 0.03
Return on assets (ROA)11.0%above the sector's middle half▲ 10.6pp2.8%within the sector's middle half▼ 8.2pp1.1%within the sector's middle half▼ 1.7pp0.1%below the sector's middle half▼ 1.0pp-0.1%below the sector's middle half▼ 0.2pp
Staff (FTE)0.1below the sector's middle half=0.4below the sector's middle half▲ 300%0.3below the sector's middle half▼ 25.0%0.1below the sector's middle half▼ 66.7%0.1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 stays negative: a loss of €11,170 in 2024 against €941 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €916,235
Fixed assets
€808,456 ▼ 3.9%
Current assets
€107,779 ▲ 16.9%
Equity and liabilities €916,235
Equity
€113,939 ▼ 0.8%
Provisions
€27,063 ▼ 7.1%
Debt
€775,233 ▼ 1.8%
Debt's share of the balance-sheet total stays at 84.6%.
Key figures and ratios
EBITDA
€24,370▼
2023 · €32,685
Cash flow
€34,628▲
2023 · €34,476
Debt to equity
6.80▼
2023 · 6.88
ROE
-0.8%▼
2023 · 0.7%
Interest coverage
2.80▼
2023 · 3.46
Debt ≤ 1 year
€259,224▲
2023 · €239,891
Debt > 1 year
€512,881▼
2023 · €547,034
Income taxes
€2,886▲
2023 · €2,139
Staff costs
€5,289▲
2023 · €5,269
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
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 1.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €18,100 | - | - | - |
| Remuneration, social security and pensions62 | - | €8,299 | €11,194 | €5,269 | €5,289 | ▲ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,508 | €40,350 | €34,036 | €33,626 | €35,540 | ▲ 5.7% |
| Other operating charges640/8 | - | €10,495 | €10,570 | €10,486 | €12,899 | ▲ 23.0% |
| Non-recurring operating charges66A | - | €2,660 | - | - | - | - |
| Gross operating margin9900 | €194,477 | €79,959 | €65,449 | €48,440 | €42,559 | ▼ 12.1% |
| Operating profit (loss)9901 | €140,929 | €18,155 | €9,648 | -€941 | -€11,170 | ▼ 1,087% |
| Financial income75/76B | - | €14,579 | €11,275 | €11,300 | €19,757 | ▲ 74.8% |
| Recurring financial income75 | €9,589 | €14,579 | €11,275 | €11,300 | €19,757 | ▲ 74.8% |
| Financial charges65/66B | - | €9,295 | €11,575 | €9,452 | €8,695 | ▼ 8.0% |
| Recurring financial charges65 | €12,993 | €9,295 | €11,575 | €9,452 | €8,695 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | €137,526 | €23,440 | €9,349 | €907 | -€108 | ▼ 112% |
| Transfer from deferred taxes780 | - | €2,082 | €2,082 | €2,082 | €2,082 | = |
| Income taxes67/77 | €373 | - | €1,254 | €2,139 | €2,886 | ▲ 34.9% |
| Profit (loss) for the period9904 | €101,762 | €25,522 | €10,177 | €850 | -€913 | ▼ 207% |
| Transfer from tax-exempt reserves789 | - | €6,245 | €6,245 | €6,245 | €6,245 | = |
| Profit (loss) for the period to be appropriated9905 | -€4,409 | €31,767 | €16,422 | €7,095 | €5,333 | ▼ 24.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €924,203 | €919,185 | €923,236 | €933,727 | €916,235 | ▼ 1.9% |
| Fixed assets21/28 | €735,909 | €805,152 | €806,944 | €841,497 | €808,456 | ▼ 3.9% |
| Tangible fixed assets22/27 | €735,909 | €805,152 | €806,944 | €841,497 | €808,456 | ▼ 3.9% |
| Land and buildings22 | - | €800,026 | €796,534 | €829,918 | €797,910 | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €3,169 | €8,939 | €6,116 | €6,572 | ▲ 7.4% |
| Furniture and vehicles24 | - | €1,956 | €1,471 | €5,462 | €3,975 | ▼ 27.2% |
| Current assets29/58 | €188,294 | €114,033 | €116,292 | €92,230 | €107,779 | ▲ 16.9% |
| Stocks and contracts in progress3 | €7,062 | €5,412 | €41,319 | - | - | - |
| Stocks30/36 | - | €5,412 | €5,412 | - | - | - |
| Contracts in progress37 | - | - | €35,907 | - | - | - |
| Amounts receivable within one year40/41 | - | €33,611 | €37,707 | €61,105 | €87,036 | ▲ 42.4% |
| Trade receivables40 | - | €31,724 | €32,932 | €55,724 | €79,724 | ▲ 43.1% |
| Other amounts receivable41 | - | €1,887 | €4,775 | €5,381 | €7,312 | ▲ 35.9% |
| Cash at bank and in hand54/58 | €171,225 | €71,801 | €11,779 | €12,757 | €5,524 | ▼ 56.7% |
| Deferred charges and accrued income490/1 | - | €3,209 | €25,488 | €18,368 | €15,219 | ▼ 17.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €924,203 | €919,185 | €923,236 | €933,727 | €916,235 | ▼ 1.9% |
| Equity10/15 | €78,303 | €103,825 | €114,002 | €114,852 | €113,939 | ▼ 0.8% |
| Contributions10/11 | - | €14,254 | €14,254 | €14,254 | €14,254 | = |
| Reserves13 | €106,171 | €99,926 | €99,680 | €100,485 | €99,539 | ▼ 0.9% |
| Tax-exempt reserves132 | - | €99,926 | €93,680 | €87,435 | €81,189 | ▼ 7.1% |
| Distributable reserves133 | - | - | €6,000 | €13,050 | €18,350 | ▲ 40.6% |
| Profit (loss) carried forward14 | -€42,122 | -€10,355 | €68 | €113 | €146 | ▲ 29.1% |
| Provisions and deferred taxes16 | €35,390 | €33,309 | €31,227 | €29,145 | €27,063 | ▼ 7.1% |
| Deferred taxes168 | - | €33,309 | €31,227 | €29,145 | €27,063 | ▼ 7.1% |
| Amounts payable17/49 | €810,510 | €782,052 | €778,008 | €789,730 | €775,233 | ▼ 1.8% |
| Amounts payable after more than one year17 | €608,029 | €594,368 | €578,318 | €547,034 | €512,881 | ▼ 6.2% |
| Financial debts170/4 | - | €594,368 | €578,318 | €547,034 | €512,881 | ▼ 6.2% |
| Amounts payable within one year42/48 | €198,602 | €185,736 | €197,624 | €239,891 | €259,224 | ▲ 8.1% |
| Current portion of amounts payable after more than one year42 | - | €30,400 | €32,000 | €32,000 | €34,000 | ▲ 6.3% |
| Trade debts44 | €7,958 | €233 | €4,777 | €2,336 | €1,467 | ▼ 37.2% |
| Suppliers440/4 | - | €233 | €4,777 | €2,336 | €1,467 | ▼ 37.2% |
| Advances received on contracts in progress46 | - | €3,833 | - | €3,833 | - | - |
| Taxes, remuneration and social security45 | - | €1,257 | €1,218 | €587 | €787 | ▲ 34.0% |
| Taxes450/3 | - | - | €684 | - | €130 | - |
| Remuneration and social security454/9 | - | €1,257 | €534 | €587 | €657 | ▲ 11.9% |
| Other amounts payable47/48 | - | €150,013 | €159,630 | €201,135 | €222,970 | ▲ 10.9% |
| Accrued charges and deferred income492/3 | - | €1,948 | €2,065 | €2,805 | €3,128 | ▲ 11.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,762 | €25,522 | €10,177 | €850 | -€913 | ▼ 207% |
| + Depreciation and write-downs630 | €37,508 | €40,350 | €34,036 | €33,626 | €35,540 | ▲ 5.7% |
| Operating cash flow (approximation) | €139,271 | €65,871 | €44,213 | €34,476 | €34,628 | ▲ 0.4% |
| Investment in fixed assets (approximation) | - | -€109,592 | -€35,829 | -€68,178 | -€2,500 | ▲ 96.3% |
| Change in cash | - | -€99,424 | -€60,023 | €979 | -€7,233 | ▼ 839% |
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
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100,000Eq €103,825 ▲32.6%
3 profitable years in a row build equity to €103,825.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €101,762 ▲2,584%
Operating result €140,929, net result €101,762, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Back to profitnet €3,791
Net result €3,791 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 1993
Ground area
3,157 m²
Building footprint
1,468 m²
Volume, LiDAR
10,081 m³
Parcel 72020C1399/00A005, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Lodewijk De Raetstraat 51 A, 3920 Lommel
since 19932.063.492.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1399/00A005 | Flanders | 3,157 m² | 1 · 1,468 m² | 8.0 m · 2 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 12,573 companies in this sector we hold annual accounts for 8,205. 6,365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52100Warehousing and storage
68121Development of residential building projects
68310Real estate agency activities
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449120490
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.