ACTIVE

UNITED EXPRESS

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Financial year 2025 · closed on 31/12/2025

Net result

-62,8 k €

-90.5% YoY

Gross margin

-56,7 k €

-69.7% YoY

Equity

245,1 k €

-20.4% YoY

What does UNITED EXPRESS do?

UNITED EXPRESS is a Private company with limited liability incorporated in 1995. Its main activity is: Freight transport by road. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.824.864

Incorporation

19/12/1995

Legal form

Private company with limited liability

Registered office

Boulevard de l'Empereur 10
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 49420Removal services 49420Removal services 60241Television programming and broadcasting activities+3

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-56,7 k €	-69.7%	-33,4 k €	-285%	-8,7 k €	-150%	17,5 k €	+29.9%	13,5 k €	+13.9%	11,9 k €	+1391%	-918,2 €	-102%	53,3 k €	-61.6%	138,8 k €	-8.0%	150,9 k €	-44.5%	271,9 k €	-1.7%	276,7 k €	-27.3%	380,7 k €	+156%	148,5 k €	+71.5%	86,6 k €	-54.8%	191,7 k €	-23.9%	252 k €	-15.4%	297,9 k €	+5.8%	281,6 k €	-14.4%	329 k €
EBITDA	-57,9 k €	-73.1%	-33,4 k €	-136%	-14,2 k €	-184%	16,9 k €	+65.8%	10,2 k €	+309%	-4,9 k €	+69.4%	-15,9 k €	-57.0%	-10,1 k €	-176%	-3,7 k €	+96.0%	-92,7 k €	-357%	36,1 k €	-57.2%	84,3 k €	-64.1%	234,9 k €	+688%	29,8 k €	+387%	-10,4 k €	-111%	97,5 k €	-49.6%	193,5 k €	-15.2%	228,2 k €	+2.4%	222,9 k €	-18.2%	272,4 k €
Operating result	-59 k €	-69.3%	-34,8 k €	-126%	-15,4 k €	-192%	16,7 k €	+63.2%	10,2 k €	+286%	-5,5 k €	+75.9%	-22,8 k €	-6.3%	-21,4 k €	+60.8%	-54,7 k €	+62.0%	-144 k €	-657%	-19 k €	-179%	24,2 k €	-86.1%	174 k €	+816%	-24,3 k €	+66.9%	-73,5 k €	-314%	34,4 k €	-71.3%	119,8 k €	-22.7%	154,9 k €	-4.9%	162,9 k €	-24.4%	215,4 k €
Net result	-62,8 k €	-90.5%	-33 k €	-196%	-11,1 k €	-170%	15,8 k €	+13.9%	13,9 k €	+535%	2,2 k €	+222%	-1,8 k €	+91.8%	-22 k €	+60.1%	-55,1 k €	+62.0%	-145 k €	-211%	-46,6 k €	+11.4%	-52,6 k €	-133%	158,5 k €	+451%	-45,2 k €	+35.6%	-70,2 k €	-160%	-27 k €	-135%	78,2 k €	+27.5%	61,3 k €	+23.7%	49,6 k €	-62.0%	130,4 k €
Balance sheet
Equity	245,1 k €	-20.4%	307,9 k €	-43.1%	540,9 k €	-2.0%	552 k €	+3.0%	536,2 k €	+2.7%	522,3 k €	+0.4%	520,1 k €	-0.3%	521,9 k €	-4.0%	543,9 k €	-9.2%	599 k €	-19.5%	744 k €	-5.9%	790,6 k €	-6.2%	843,2 k €	+23.2%	684,7 k €	-6.2%	729,9 k €	-8.8%	800,1 k €	-3.3%	827,1 k €	+10.4%	749 k €	+8.9%	687,6 k €	+8.8%	631,8 k €
Total assets	245,9 k €	-52.0%	512,5 k €	-9.3%	564,9 k €	-5.2%	595,8 k €	+3.0%	578,6 k €	+0.6%	575,3 k €	-1.8%	585,7 k €	+2.4%	572,1 k €	-16.3%	683,7 k €	+1.3%	675,1 k €	-15.7%	801,3 k €	-5.4%	846,9 k €	-9.8%	939,1 k €	+18.6%	791,5 k €	+3.1%	767,6 k €	-14.9%	901,6 k €	-1.1%	911,6 k €	+7.4%	848,9 k €	+14.3%	742,7 k €	-1.1%	751,3 k €
Cash	47,5 k €	-83.0%	279 k €	+25.8%	221,7 k €	+34.5%	164,9 k €	+7.7%	153,1 k €	-18.8%	188,5 k €	+14.2%	165,1 k €	+178%	59,3 k €	+6.8%	55,5 k €	+22.2%	45,4 k €	-13.9%	52,7 k €	+15.7%	45,6 k €	-65.3%	131,3 k €	+1312%	9,3 k €	-90.7%	99,9 k €	-4.5%	104,6 k €	-44.6%	188,9 k €	+82.3%	103,6 k €	-27.1%	142,1 k €	-26.9%	194,5 k €
Debts	803,5 €	-99.6%	204,5 k €	+752%	24 k €	-45.2%	43,8 k €	+3.4%	42,3 k €	-20.0%	52,9 k €	-19.2%	65,5 k €	+30.7%	50,1 k €	-64.1%	139,8 k €	+89.8%	73,7 k €	+28.7%	57,2 k €	+1.7%	56,3 k €	-39.1%	92,4 k €	-10.6%	103,3 k €	+174%	37,6 k €	-62.9%	101,5 k €	+20.3%	84,4 k €	-15.6%	100 k €	+81.9%	55 k €	-38.9%	89,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		4,8 ETP		–		6,0 ETP	+17.6%	5,1 ETP	+27.5%	4,0 ETP	0.0%	4,0 ETP	+33.3%	3,0 ETP	+3.4%	2,9 ETP	+45.0%	2,0 ETP	-9.1%	2,2 ETP	+10.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

GUY DEFENFE

Director · since 26 décembre 1995

Active

Ended mandates

GUY DEFENFE

Manager · since 26 décembre 1995

Ended

Guy DEFENFE

Manager

Ended

GUY DEFENFE

Mandate

Ended

Luc DELCOURT

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	30/06/2025	27/08/2024	30/08/2023	31/08/2022	26/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	25/06/2023	24/06/2022	25/06/2021
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
Micro model	31/12/2025	26/06/2026	26/08/2026	French	PDF
Micro model	31/12/2024	27/06/2025	30/06/2025	French	PDF
Micro model	31/12/2023	28/06/2024	27/08/2024	French	PDF
Micro model	31/12/2022	25/06/2023	30/08/2023	French	PDF
Micro model	31/12/2021	24/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	25/06/2021	26/08/2021	French	PDF
Micro model	31/12/2019	09/09/2020	23/11/2020	French	PDF
Micro model	31/12/2018	18/09/2019	08/10/2019	French	PDF
Abridged model	31/12/2017	18/12/2018	30/12/2018	French	PDF
Abridged model	31/12/2016	07/05/2018	09/06/2018	Dutch	PDF
Abridged model	31/12/2015	29/09/2016	06/10/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	02/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2012	02/10/2013	15/05/2014	Dutch	PDF
Abridged model	31/12/2011	21/09/2012	25/09/2012	Dutch	PDF
Abridged model	31/12/2010	08/09/2011	14/09/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 4 ended

Active mandates

GUY DEFENFE

Director · since 26 décembre 1995

Active

Ended mandates

GUY DEFENFE

Manager · since 26 décembre 1995

Ended

Guy DEFENFE

Manager

Ended

GUY DEFENFE

Mandate

Ended

Luc DELCOURT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office05/01/2026
MAATSCHAPPELIJKE ZETEL
PDF
Registered office06/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Other11/03/2010
DOEL
PDF
Mandates10/05/2004
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025-62,8 k €↓
2024
Annual accounts 2024-33 k €↓
2023
Annual accounts 2023-11,1 k €↓
2022
Annual accounts 202215,8 k €↑
2021
Annual accounts 202113,9 k €↑
2020
Annual accounts 20202,2 k €↑
2019
Annual accounts 2019-1,8 k €↑
2018
Annual accounts 2018-22 k €↑
2017
Annual accounts 2017-55,1 k €↑
2016
Annual accounts 2016-145 k €↓
2015
Annual accounts 2015-46,6 k €↑
2014
Annual accounts 2014-52,6 k €↓
2013
Annual accounts 2013158,5 k €↑
2012
Annual accounts 2012-45,2 k €↑
2011
Annual accounts 2011-70,2 k €↓
2010
Annual accounts 2010-27 k €↓
2009
Annual accounts 200978,2 k €↑
2008
Annual accounts 200861,3 k €↑
2007
Annual accounts 200749,6 k €↓
2006
Annual accounts 2006130,4 k €
19/12/1995
IncorporationPrivate company with limited liability

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

UNITED EXPRESS

Overview

What does UNITED EXPRESS do?

Trend over 20 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