ACTIVE

Federal Express Corporation

Financial year 2025 · Closed on 31/05/2025

Net result1,7 M €-27,2 %over 1 year
Revenue572,8 M €+6,2 %over 1 year
Equity27,4 M €+6,8 %over 1 year
Workforce23,6 ETP-5,6 %over 1 year

Identity

Source · BCE/KBO

Federal Express Corporation is a Foreign company incorporated in 1989. Its registered office is in Wilmington. It employs on average 23,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0438.663.989
Incorporation
03/05/1989
Legal form
Foreign company
Registered office
Orange Street 1209
DE 19801 Wilmington · Flandre
Contributed capital
81 551 970,00 €
Latest accounts
31/05/2025
Average workforce
23,6 ETP
Joint committees (3)
  • 100
  • 10203
  • 226
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 15 financial years

20252024202320212020
Income statement
Revenue572,8 M €539,2 M €590 M €460,3 M €348,2 M €
EBITDA3 M €4,4 M €9,5 M €62,4 k €6,2 M €
Operating result2,1 M €4,5 M €9,3 M €1,9 M €3,9 M €
Net result1,7 M €2,4 M €9,7 M €1,4 M €709,9 k €
Balance sheet
Equity27,4 M €25,7 M €-11,7 M €28,8 M €22,4 M €
Total assets61,1 M €80,2 M €67,3 M €72,9 M €62,9 M €
Cash1,8 M €17,7 M €20,5 M €11,4 M €4,3 M €
Debts33,6 M €54,5 M €78,5 M €43,3 M €39,4 M €
Other
Workforce23,6 ETP25,0 ETP31,0 ETP31,0 ETP27,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/05/2025

4 active · 11 ended

Active mandates

Armanda Post

Director · since 10 décembre 2024

Active
Marius Penninks

Director · since 10 décembre 2024

Active
Rudi Loontjens

Director · since 10 décembre 2024

Active
Roel Staes

Director · since 01 mai 2012 · until 29 janvier 2025

Active

Ended mandates

Marius Penninks

Director · since 15 août 2023

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2016 · until 30 juillet 2022

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2015 · until 30 juillet 2022

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2015

Ended

Other companies at this address

Orange Street 1209 DE 19801 Wilmington
CompanyCBE no.
0645.715.439
ASML US LLC● Active
0769.541.580
0649.586.828
Infor (US) Inc.● Active
0607.929.286
0607.927.506
0649.587.026
1016.404.107

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/12/202509/12/202428/11/202310/03/202307/07/202227/04/2021
General meeting28/11/202529/11/202427/11/202328/02/202316/06/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/05/202528/11/202504/12/2025DutchPDF
Full model31/05/202429/11/202409/12/2024DutchPDF
Full model31/05/202327/11/202328/11/2023DutchPDF
Full model31/05/202228/02/202310/03/2023DutchPDF
Full model31/05/202116/06/202207/07/2022DutchPDF
Full model31/05/202026/04/202127/04/2021DutchPDF
Full model31/05/201920/01/202021/01/2020DutchPDF
Full model31/05/201828/11/201828/11/2018DutchPDF
Full modelCorrection31/05/201707/12/201720/12/2017DutchPDF
Full model31/05/201724/11/201714/12/2017DutchPDF
Full model31/05/201616/12/201608/01/2017DutchPDF
Full model31/05/201525/11/201509/12/2015DutchPDF
Full model31/05/201421/11/201427/11/2014DutchPDF
Full model31/05/201311/12/201317/12/2013DutchPDF
Full model31/05/201223/01/201308/02/2013DutchPDF
Full model31/05/201121/12/201123/12/2011DutchPDF
Full model31/05/201010/06/201116/06/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/05/2025

4 active · 11 ended

Active mandates

Armanda Post

Director · since 10 décembre 2024

Active
Marius Penninks

Director · since 10 décembre 2024

Active
Rudi Loontjens

Director · since 10 décembre 2024

Active
Roel Staes

Director · since 01 mai 2012 · until 29 janvier 2025

Active

Ended mandates

Marius Penninks

Director · since 15 août 2023

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2016 · until 30 juillet 2022

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2015 · until 30 juillet 2022

Ended
Lawrence Trevor Hoyle

Mandate · since 31 juillet 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other05/08/2026
    BOEKJAAR
    PDF
  • Mandates27/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 15/02/2026
    nominationCosmin-Daniël Coman — gemachtigd vertegenwoordiger
  2. 01/10/2025
    nominationKawal Preet — bestuurder
  3. 15/08/2025
    nominationVishal Talwar — bestuurder
  4. 2025
    Annual accounts 20251,7 M €↓
  5. 10/12/2024
    nominationRudi Loontiens — Wettelijk Vertegenwoordiger
  6. 10/12/2024
    nominationMarius Penninks — Wettelijk Vertegenwoordiger
  7. 10/12/2024
    nominationArmanda Post — Wettelijk Vertegenwoordiger
  8. 29/11/2024
    nominationWim Van Gasse — revisor
  9. 07/10/2024
    nominationGina F. Adams — bestuurder
  10. 2024
    Annual accounts 20242,4 M €↓
  11. 14/12/2023
    reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
  12. 01/09/2023
    nominationTracy B. Brightman — bestuurder
  13. 01/08/2023
    nominationJohn W. Dietrich — bestuurder
  14. 2023
    Annual accounts 20239,7 M €↑
  15. 16/04/2023
    nominationJohn A. Smith — bestuurder
  16. 01/03/2023
    nominationAndré Beckers — voorzitter van de ondernemingsraad
  17. 01/03/2023
    nominationKaat Vanderheyde — vice-voorzitter van de ondernemingsraad
  18. 01/03/2023
    nominationSteven van Brussel — voorzitter van het CPBW
  19. 01/03/2023
    nominationJan Denys — vice-voorzitter van het CPBW
  20. 15/11/2022
    nominationSriram Krishnasamy — bestuurder
  21. 2021
    Annual accounts 20211,4 M €↑
  22. 2020
    Annual accounts 2020709,9 k €↑
  23. 2019
    Annual accounts 2019-4 M €↓
  24. 2018
    Annual accounts 20182,7 M €↓
  25. 2017
    Annual accounts 20172,9 M €↓
  26. 2016
    Annual accounts 20163,1 M €↑
  27. 2015
    Annual accounts 2015-21,3 M €↓
  28. 2014
    Annual accounts 20145,1 M €↑
  29. 2013
    Annual accounts 2013-9,6 M €↑
  30. 2012
    Annual accounts 2012-18,6 M €↓
  31. 2011
    Annual accounts 20117,4 M €↑
  32. 2010
    Annual accounts 2010-24,9 M €
  33. 03/05/1989
    IncorporationForeign company