ACTIVE

FedEx Express BE

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Financial year 2025 · closed on 31/05/2025

Net result

13,1 M €

+145.3% YoY

Revenue

420 M €

-10.4% YoY

Equity

120,1 M €

+12.2% YoY

Workforce

1 197,5 ETP

-7.1% YoY

What does FedEx Express BE do?

FedEx Express BE is a Private limited company incorporated in 1968. Its registered office is in Machelen (Brab.). It employs on average 1 197,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.383.379

Incorporation

07/05/1968

Legal form

Private limited company

Registered office

Bedrijvenzone Machelen-Cargo 711
1830 Machelen (Brab.) · FlandreSee on map

Contributed capital

121 540 955,00 €

Latest accounts

31/05/2025

Average workforce

1 197,5 ETP

Joint committees (4)

100
10203
140
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	420 M €	-10.4%	468,5 M €	+5.3%	444,9 M €	+107%	214,8 M €	+9.0%	197,2 M €	-5.5%	208,6 M €	+6.5%	195,9 M €	-31.8%	287,4 M €	+55.9%	184,4 M €	+2.4%	180 M €	+1.3%	177,7 M €	+2.5%	173,3 M €	-2.6%	178 M €	-0.7%	179,2 M €	+4.9%	170,8 M €	-12.6%	195,5 M €	+10.3%	177,1 M €	+11.2%	159,3 M €
EBITDA	23 M €	+7.2%	21,5 M €	-56.7%	49,6 M €	+499%	8,3 M €	-43.4%	14,6 M €	+14.4%	12,8 M €	+789%	-1,9 M €	+21.0%	-2,3 M €	+72.5%	-8,5 M €	-40.5%	-6,1 M €	-114%	-2,8 M €	-214%	2,5 M €	-85.1%	16,7 M €	+15.1%	14,6 M €	+0.1%	14,5 M €	-34.6%	22,2 M €	-2.2%	22,7 M €	+0.2%	22,7 M €
Operating result	9,3 M €	+151%	-18,4 M €	-223%	15 M €	+298%	3,8 M €	-65.1%	10,8 M €	+3.2%	10,5 M €	+240%	-7,5 M €	-7.8%	-7 M €	+36.2%	-10,9 M €	-26.0%	-8,6 M €	-54.7%	-5,6 M €	-943%	-536,2 k €	-104%	13,6 M €	+17.1%	11,6 M €	-0.2%	11,7 M €	-38.6%	19 M €	-2.5%	19,5 M €	+4.1%	18,8 M €
Net result	13,1 M €	+145%	-29 M €	-428%	8,8 M €	+213%	2,8 M €	-70.0%	9,4 M €	+4.3%	9 M €	+215%	-7,9 M €	-11.9%	-7,1 M €	+22.9%	-9,1 M €	-1.8%	-9 M €	-35.4%	-6,6 M €	-228%	-2 M €	-133%	6,2 M €	-7.0%	6,7 M €	+9.6%	6,1 M €	-51.1%	12,4 M €	+1.9%	12,2 M €	+278%	3,2 M €
Balance sheet
Equity	120,1 M €	+12.2%	107 M €	-21.3%	136 M €	+325%	32 M €	+9.6%	29,2 M €	+48.9%	19,6 M €	+85.4%	10,6 M €	-42.9%	18,5 M €	-27.7%	25,6 M €	+44.1%	17,7 M €	+413%	3,5 M €	-65.8%	10,1 M €	-16.8%	12,2 M €	-39.1%	20 M €	+49.8%	13,3 M €	-57.3%	31,3 M €	+65.9%	18,9 M €	+188%	6,6 M €
Total assets	371,1 M €	+15.5%	321,3 M €	-16.2%	383,4 M €	+143%	157,9 M €	+8.8%	145,1 M €	+112%	68,5 M €	+2.5%	66,8 M €	-1.0%	67,5 M €	-5.7%	71,5 M €	+12.7%	63,5 M €	-12.3%	72,4 M €	-5.8%	76,9 M €	+2.8%	74,8 M €	+7.9%	69,3 M €	+11.7%	62,1 M €	-14.1%	72,2 M €	+13.6%	63,6 M €	+23.3%	51,6 M €
Cash	1,7 M €	+50.4%	1,1 M €	+248%	325,8 k €	-90.2%	3,3 M €	+406%	654,5 k €	-56.2%	1,5 M €	+18514%	8 k €	-94.4%	143,5 k €	+770%	16,5 k €	-97.3%	604,3 k €	+284%	157,2 k €	-81.5%	848,5 k €	+42.0%	597,4 k €	+879%	61 k €	-56.3%	139,7 k €	+37.7%	101,5 k €	+0.2%	101,3 k €	-89.4%	954,4 k €
Debts	138,3 M €	-13.3%	159,5 M €	-13.6%	184,6 M €	+53.2%	120,5 M €	+10.0%	109,5 M €	+166%	41,2 M €	-21.9%	52,8 M €	+26.0%	41,9 M €	+0.4%	41,7 M €	+3.4%	40,4 M €	-32.7%	60 M €	+4.5%	57,5 M €	+3.2%	55,7 M €	+28.8%	43,2 M €	+5.8%	40,9 M €	+20.5%	33,9 M €	-13.1%	39 M €	+2.2%	38,2 M €
Other
Workforce	1 197,5 ETP	-7.1%	1 289,5 ETP	+16.2%	1 109,5 ETP	+84.9%	600,2 ETP	+0.2%	598,9 ETP	+0.5%	595,8 ETP	+1.4%	587,4 ETP	-1.9%	598,8 ETP	+2.5%	584,4 ETP	-2.3%	598,3 ETP	-7.3%	645,5 ETP	-0.4%	648,2 ETP	+2.7%	631,4 ETP	+2.1%	618,5 ETP	-4.2%	645,8 ETP	+0.6%	642,1 ETP	+7.0%	599,9 ETP	+3.5%	579,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/05/2025 · 5 active · 41 ended

Active mandates

Wouter J. Piot

Director · since 05 juillet 2024

Active

Armanda A. Post

Director · since 20 février 2023

Active

Marius M. Penninks

Director · since 20 février 2023

Active

Martin A. Bosman

Director · since 20 février 2023

Active

Olivier C.G. De Waele

Director · since 20 février 2023

Active

Ended mandates

Amanda A. Post

Director · since 20 février 2023

Ended

Charlotte T. Grimbergen

Director · since 01 février 2022 · until 20 février 2023

Ended

Charlotte T. Grimbergen

Director · since 01 février 2022

Ended

Creyf Leendert C.T.

Director · since 01 février 2022

Ended

At this address

Other companies at this address

Company	CBE no.
Federal Express Europe, Inc. & Co.● Active	0418.467.896
FedEx Logistics Belgium● Active	0812.191.490

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/06/2024	01/06/2023	01/06/2022	01/06/2021	01/06/2020	01/06/2019
Closing of the financial year	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021	31/05/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/12/2025	09/12/2024	06/12/2023	14/03/2023	25/07/2022	26/03/2021
General meeting	28/11/2025	29/11/2024	27/11/2023	28/02/2023	15/07/2022	17/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/05/2025	28/11/2025	04/12/2025	Dutch	PDF
Full model	31/05/2024	29/11/2024	09/12/2024	Dutch	PDF
Full model	31/05/2023	27/11/2023	06/12/2023	Dutch	PDF
Full model	31/05/2022	28/02/2023	14/03/2023	Dutch	PDF
Full model	31/05/2021	15/07/2022	25/07/2022	Dutch	PDF
Full model	31/05/2020	17/11/2020	26/03/2021	Dutch	PDF
Full model	31/05/2019	22/11/2019	12/02/2020	Dutch	PDF
Full model	31/05/2018	30/10/2018	21/12/2018	Dutch	PDF
Full model	31/05/2017	30/11/2017	08/01/2018	Dutch	PDF
Full model	31/12/2015	13/06/2016	21/07/2016	Dutch	PDF
Full modelCorrection	31/12/2014	08/06/2015	15/01/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	07/07/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	25/06/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	11/06/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	13/06/2011	04/08/2011	Dutch	PDF
Full model	31/12/2009	14/06/2010	28/07/2010	Dutch	PDF
Full model	31/12/2008	08/06/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	16/06/2008	14/07/2008	Dutch	PDF
Full model	31/12/2006	11/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/05/2025 · 5 active · 41 ended

Active mandates

Wouter J. Piot

Director · since 05 juillet 2024

Active

Armanda A. Post

Director · since 20 février 2023

Active

Marius M. Penninks

Director · since 20 février 2023

Active

Martin A. Bosman

Director · since 20 février 2023

Active

Olivier C.G. De Waele

Director · since 20 février 2023

Active

Ended mandates

Amanda A. Post

Director · since 20 février 2023

Ended

Charlotte T. Grimbergen

Director · since 01 février 2022 · until 20 février 2023

Ended

Charlotte T. Grimbergen

Director · since 01 février 2022

Ended

Creyf Leendert C.T.

Director · since 01 février 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/09/2026
Benoeming bestuurder
PDF
Other28/08/2026
Intrekking en toekenning bijzondere machten
PDF
Mandates29/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/05/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

28/11/2025
reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
2025
Annual accounts 202513,1 M €↑
29/11/2024
nominationWim Van Gasse — commissaris
05/07/2024
nominationWouter Jan C. Piot — bestuurder
2024
Annual accounts 2024-29 M €↓
01/07/2023
nominationRebeca Hoshikawa Fujimura Wiadacz — gemachtigde
2023
Annual accounts 20238,8 M €↑
28/02/2023
reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
20/02/2023
nominationArmanda Annewiek Post — bestuurder
20/02/2023
nominationOlivier Christian Guy De Waele — bestuurder
20/02/2023
nominationMarius Mathijs Penninks — bestuurder
20/02/2023
nominationMartin André Bosman — bestuurder
01/02/2023
nominationHans Vandeput — vervoersmanager en vervoerscommissionair
01/10/2022
autre
04/04/2022
augmentation_capital
22/03/2022
reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
2021
Annual accounts 20212,8 M €↓
2020
Annual accounts 20209,4 M €↑
2019
Annual accounts 20199 M €↑
2018
Annual accounts 2018-7,9 M €↓
2017
Annual accounts 2017-7,1 M €↑
2015
Annual accounts 2015-9,1 M €↓
2014
Annual accounts 2014-9 M €↓
2013
Annual accounts 2013-6,6 M €↓
2012
Annual accounts 2012-2 M €↓
2011
Annual accounts 20116,2 M €↓
2010
Annual accounts 20106,7 M €↑
2009
Annual accounts 20096,1 M €↓
2008
Annual accounts 200812,4 M €↑
2007
Annual accounts 200712,2 M €↑
2006
Annual accounts 20063,2 M €
07/05/1968
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FedEx Express BE

Overview

What does FedEx Express BE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline