ACTIVE

FFW Express

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Financial year 2024 · closed on 31/12/2024
Net result
-15,4 k €
-443.5% YoY
Gross margin
42,2 k €
-15.3% YoY
Equity
51,6 k €
-23.0% YoY
Workforce
1,0 ETP
+25.0% YoY

What does FFW Express do?

FFW Express is a Private limited company incorporated in 1998. Its main activity is: Freight transport by road. Its registered office is in Kuurne. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0463.215.283
Incorporation
21/04/1998
Legal form
Private limited company
Registered office
Noordlaan 29 box 10
8520 Kuurne · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Average workforce
1,0 ETP
Activities (NACE)
49410Freight transport by road· main49410Freight transport by road46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft46751Wholesale of chemical products46851Wholesale trade, except of motor vehicles and motorcycles+2
Joint committees (2)
  • 14003
  • 201
Contacts
2 public details availableLog in to view
Signals
Positive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin42,2 k €49,9 k €27,8 k €53,7 k €40,7 k €19,4 k €17,4 k €18,8 k €5,5 k €52 k €73,6 k €36,2 k €52,9 k €22,9 k €24,2 k €-26,5 k €-6,8 k €
EBITDA392 €29,1 k €14,2 k €52,5 k €39,7 k €16,7 k €14,5 k €16,3 k €3,5 k €50 k €70,5 k €33,7 k €50 k €19,1 k €19,8 k €-27,1 k €-7,8 k €
Operating result-5,7 k €20,1 k €10,5 k €18,5 k €36,4 k €14 k €11,5 k €14,7 k €2,2 k €48,9 k €69 k €32,5 k €47,1 k €17 k €13,3 k €-27,1 k €-15,6 k €
Net result-15,4 k €4,5 k €1,3 k €7,7 k €29,2 k €5,7 k €731,2 €3 k €-5,2 k €28,7 k €37,4 k €13,4 k €38 k €13,2 k €10,8 k €-32,4 k €-15,3 k €
Balance sheet
Equity51,6 k €67 k €62,5 k €62,3 k €54,6 k €50,4 k €44,7 k €44 k €41 k €46,2 k €22,5 k €-9,9 k €-23,4 k €-61,4 k €-74,6 k €-85,3 k €-52,9 k €
Total assets183,6 k €205,9 k €166,8 k €517,6 k €318,5 k €312,9 k €310,6 k €283,7 k €256,1 k €142,1 k €118,9 k €102,1 k €66,9 k €16,6 k €23,9 k €4,3 k €57,9 k €
Cash1,6 k €3 k €15,6 k €5,6 k €7,6 k €36,8 k €8,7 k €8 k €4,9 k €13,2 k €4,3 k €15,9 k €18,4 k €11,6 k €12,9 k €3,7 k €28,6 k €
Debts130,4 k €136,7 k €103,5 k €453,7 k €263,9 k €261,8 k €265 k €239,7 k €215,1 k €95,9 k €96,4 k €112 k €90,3 k €77,9 k €98,5 k €89,7 k €110,8 k €
Other
Workforce1,0 ETP0,8 ETP–––––––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

JEROEN SOBRIE

Director · since 01 juillet 2008

Active

Ended mandates

Jeroen Sobrie

Manager · since 01 juillet 2009

Ended
Isabelle De Zutter

Manager · since 01 juillet 2008

Ended
Jeroen Sobrie

Manager · since 01 juillet 2008

Ended
Isabelle De Zutter

Manager · since 19 juin 2000

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year31/12/202431/12/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date29/08/202529/08/202431/01/202301/02/202212/04/202128/02/2020
General meeting31/07/202531/07/202431/12/202231/12/202130/03/202102/12/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202431/07/202529/08/2025DutchPDF
Abridged model31/12/202331/07/202429/08/2024DutchPDF
Abridged model30/06/202231/12/202231/01/2023DutchPDF
Abridged model30/06/202131/12/202101/02/2022DutchPDF
Abridged model30/06/202030/03/202112/04/2021DutchPDF
Abridged model30/06/201902/12/201928/02/2020DutchPDF
Abridged model30/06/201803/12/201807/02/2019DutchPDF
Abridged model30/06/201730/12/201730/01/2018DutchPDF
Abridged model30/06/201626/12/201626/01/2017DutchPDF
Abridged model30/06/201504/01/201614/01/2016DutchPDF
Abridged model30/06/201405/01/201527/01/2015DutchPDF
Abridged model30/06/201315/01/201414/02/2014DutchPDF
Abridged model30/06/201231/01/201328/02/2013DutchPDF
Abridged model30/06/201131/01/201216/02/2012DutchPDF
Abridged model30/06/201006/12/201005/01/2011DutchPDF
Abridged model30/06/200901/02/201025/02/2010DutchPDF
Abridged model30/06/200801/12/200808/12/2008DutchPDF
Abridged model30/06/200703/12/200717/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 1 active · 6 ended

Active mandates

JEROEN SOBRIE

Director · since 01 juillet 2008

Active

Ended mandates

Jeroen Sobrie

Manager · since 01 juillet 2009

Ended
Isabelle De Zutter

Manager · since 01 juillet 2008

Ended
Jeroen Sobrie

Manager · since 01 juillet 2008

Ended
Isabelle De Zutter

Manager · since 19 juin 2000

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates31/08/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/10/2007
    MAATSCHAPPELIJKE ZETEL
    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 2024-15,4 k €↓
  2. 2023
    Annual accounts 20234,5 k €↑
  3. 2023
    Name changeFFW EXPRESS
  4. 2022
    Annual accounts 20221,3 k €↓
  5. 2022
    Name changeCHEMICON
  6. 2020
    Annual accounts 20207,7 k €↓
  7. 2019
    Annual accounts 201929,2 k €↑
  8. 2018
    Annual accounts 20185,7 k €↑
  9. 2017
    Annual accounts 2017731,2 €↓
  10. 2016
    Annual accounts 20163 k €↑
  11. 2015
    Annual accounts 2015-5,2 k €↓
  12. 2014
    Annual accounts 201428,7 k €↓
  13. 2013
    Annual accounts 201337,4 k €↑
  14. 2012
    Annual accounts 201213,4 k €↓
  15. 2011
    Annual accounts 201138 k €↑
  16. 2010
    Annual accounts 201013,2 k €↑
  17. 2009
    Annual accounts 200910,8 k €↑
  18. 2008
    Annual accounts 2008-32,4 k €↓
  19. 2007
    Annual accounts 2007-15,3 k €
  20. 21/04/1998
    IncorporationPrivate limited company