OPENING OF BANKRUPTCY

BLUE EXPRESS

Financial year 2024 · closed on 31/12/2024
Net result
-70,6 k €
-143.6% YoY
Gross margin
239 k €
-9.0% YoY
Equity
157,1 k €
-31.0% YoY
Workforce
3,9 ETP
-17.0% YoY

Company — Opening of bankruptcy.

What does BLUE EXPRESS do?

BLUE EXPRESS is a Private company with limited liability incorporated in 1994. Its main activity is: Other postal and courier activities. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 3,9 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0452.459.864
Incorporation
22/04/1994
Legal form
Private company with limited liability
Registered office
Heirbaan 274
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
117 749,42 €
Latest accounts
31/12/2024
Average workforce
3,9 ETP
Joint committees (2)
  • 140
  • 218
Signals
Good liquidityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin239 k €262,5 k €287,3 k €364,4 k €285,3 k €293,4 k €293,7 k €309,7 k €359,7 k €312,9 k €281,7 k €322,2 k €387,9 k €410,9 k €348,2 k €340,7 k €357,4 k €372,1 k €300,6 k €
EBITDA46,7 k €56,2 k €98,6 k €138,9 k €113,3 k €132,4 k €105,1 k €94,4 k €141,7 k €132,1 k €96,1 k €126,2 k €173,8 k €156,3 k €104,9 k €144,4 k €157,6 k €158,8 k €93,6 k €
Operating result-5,4 k €-10 k €32,3 k €61,8 k €15,6 k €27,1 k €19,5 k €21,6 k €74,1 k €79,4 k €35,3 k €20 k €74,1 k €63,6 k €50,3 k €99,8 k €124,9 k €102,1 k €43,1 k €
Net result-70,6 k €-29 k €9,4 k €27 k €-7,2 k €23 k €16,6 k €18,2 k €65,4 k €58,5 k €18,8 k €-79,9 €48,5 k €38,2 k €37,2 k €91,9 k €118,7 k €83 k €10,8 k €
Balance sheet
Equity157,1 k €227,7 k €256,7 k €247,2 k €220,2 k €227,4 k €219,4 k €202,8 k €184,7 k €149,3 k €120,8 k €118,8 k €118,8 k €118,3 k €118,1 k €117,9 k €116 k €112,3 k €109,3 k €
Total assets713,9 k €616,3 k €637,6 k €711,4 k €650 k €717,4 k €676,5 k €774,3 k €564,9 k €440,4 k €426,7 k €458,2 k €494,9 k €478,5 k €474,7 k €430 k €462 k €523,3 k €486,5 k €
Cash84,2 €22,4 €18,1 €13 €7 €5,1 k €5,1 k €5,1 k €5,4 k €5,2 k €5,2 k €1,6 k €1,1 k €6 k €3,7 k €9,9 k €10,2 k €329,5 €
Debts552 k €386,3 k €378,8 k €462,2 k €429,7 k €490 k €457,1 k €571,5 k €380,3 k €291,1 k €305,4 k €339,5 k €376 k €360,2 k €356,7 k €312,1 k €346 k €411 k €347,2 k €
Other
Workforce3,9 ETP4,7 ETP4,5 ETP5,3 ETP4,4 ETP3,8 ETP5,3 ETP7,0 ETP7,3 ETP7,0 ETP6,8 ETP8,3 ETP8,1 ETP9,5 ETP9,3 ETP7,8 ETP8,3 ETP7,5 ETP6,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 9 ended

Active mandates

FASHION LAUWERS

Director · 0442.257.939

Active
Linda Lauwers

Director

Active
Paul Pot

Director

Active

Ended mandates

Blue Express Logistics

Director · since 12 novembre 2020 · 0755.372.751

Represented by Michel Pot

Ended
FASHION LAUWERS

Manager · since 01 novembre 2007 · 0442.257.939

Represented by LINDA LAUWERS

Ended
FASHION LAUWERS

Manager · since 01 novembre 2007 · 0442.257.939

Represented by LINDA LAUWERS

Ended
FASHION LAUWERS

Manager · 0442.257.939

Represented by LINDA LAUWERS

Ended
At this address

Other companies at this address

CompanyCBE no.
0755.372.751
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202530/07/202412/07/202305/07/202225/06/202102/09/2020
General meeting26/08/202530/06/202430/06/202315/06/202215/06/202128/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/08/202529/08/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202312/07/2023DutchPDF
Abridged model31/12/202115/06/202205/07/2022DutchPDF
Abridged model31/12/202015/06/202125/06/2021DutchPDF
Abridged model31/12/201928/08/202002/09/2020DutchPDF
Abridged model31/12/201830/06/201930/07/2019DutchPDF
Abridged model31/12/201724/09/201825/09/2018DutchPDF
Abridged model31/12/201630/06/201726/07/2017DutchPDF
Abridged model31/12/201512/07/201627/07/2016DutchPDF
Abridged model31/12/201415/06/201530/06/2015DutchPDF
Abridged model31/12/201308/09/201411/09/2014DutchPDF
Abridged model31/12/201227/09/201330/09/2013DutchPDF
Abridged model31/12/201130/06/201221/09/2012DutchPDF
Abridged model31/12/201030/06/201119/09/2011DutchPDF
Abridged model31/12/200930/06/201010/09/2010DutchPDF
Abridged model31/12/200830/06/200928/09/2009DutchPDF
Abridged model31/12/200716/06/200828/08/2008DutchPDF
Abridged model31/12/200615/06/200718/06/2007DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 3 active · 9 ended

Active mandates

FASHION LAUWERS

Director · 0442.257.939

Active
Linda Lauwers

Director

Active
Paul Pot

Director

Active

Ended mandates

Blue Express Logistics

Director · since 12 novembre 2020 · 0755.372.751

Represented by Michel Pot

Ended
FASHION LAUWERS

Manager · since 01 novembre 2007 · 0442.257.939

Represented by LINDA LAUWERS

Ended
FASHION LAUWERS

Manager · since 01 novembre 2007 · 0442.257.939

Represented by LINDA LAUWERS

Ended
FASHION LAUWERS

Manager · 0442.257.939

Represented by LINDA LAUWERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates15/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2008
    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

Timeline

  1. 2024
    Annual accounts 2024-70,6 k €
  2. 2023
    Annual accounts 2023-29 k €
  3. 2022
    Annual accounts 20229,4 k €
  4. 2021
    Annual accounts 202127 k €
  5. 2020
    Annual accounts 2020-7,2 k €
  6. 2019
    Annual accounts 201923 k €
  7. 2018
    Annual accounts 201816,6 k €
  8. 2017
    Annual accounts 201718,2 k €
  9. 2016
    Annual accounts 201665,4 k €
  10. 2015
    Annual accounts 201558,5 k €
  11. 2014
    Annual accounts 201418,8 k €
  12. 2013
    Annual accounts 2013-79,9 €
  13. 2012
    Annual accounts 201248,5 k €
  14. 2011
    Annual accounts 201138,2 k €
  15. 2010
    Annual accounts 201037,2 k €
  16. 2009
    Annual accounts 200991,9 k €
  17. 2008
    Annual accounts 2008118,7 k €
  18. 2007
    Annual accounts 200783 k €
  19. 2006
    Annual accounts 200610,8 k €
  20. 22/04/1994
    IncorporationPrivate company with limited liability