NORMAL SITUATION

EXPRESS SOLUTIONS

Financial year 2024 · closed on 31/12/2024
Net result
212 k €
+338.0% YoY
Gross margin
566,3 k €
+131.0% YoY
Equity
322 k €
+192.8% YoY
Workforce
2,0 ETP
-23.1% YoY

Company — Normal situation.

What does EXPRESS SOLUTIONS do?

EXPRESS SOLUTIONS is a company registered in Belgium. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.900.709
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
2,0 ETP
Joint committees (1)
  • 226
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin566,3 k €245,1 k €261,9 k €200 k €188,2 k €155,2 k €122 k €124,2 k €205,5 k €183,4 k €199,7 k €208,7 k €187,6 k €158,3 k €237,4 k €183,3 k €327,6 k €254,1 k €229,6 k €
EBITDA295,1 k €69,1 k €69,9 k €68,9 k €29,5 k €33,3 k €47,9 k €19,7 k €58,4 k €84,1 k €107 k €108 k €77,8 k €70,1 k €89,9 k €106,2 k €146,2 k €178,4 k €172,3 k €
Operating result284,2 k €65,5 k €68,8 k €66,1 k €26,8 k €30,7 k €45,3 k €14,7 k €52,5 k €78,6 k €96,3 k €99,5 k €65,2 k €55,4 k €73,8 k €83,7 k €125,2 k €163,6 k €155,7 k €
Net result212 k €48,4 k €51,4 k €48,2 k €17,3 k €18,9 k €29,1 k €7,2 k €31,8 k €62,4 k €64 k €71,7 k €44,4 k €-70,4 k €60,8 k €84 k €79,1 k €111,4 k €106,9 k €
Balance sheet
Equity322 k €110 k €110,6 k €110,6 k €110,6 k €129,4 k €110,6 k €117,8 k €110,6 k €110,6 k €110,6 k €110,6 k €110,6 k €114,1 k €202,2 k €266,4 k €232,4 k €155,4 k €145,8 k €
Total assets459,8 k €375 k €336,2 k €257,5 k €236,6 k €232 k €221,4 k €210,3 k €197,5 k €249,8 k €271,5 k €263,1 k €283,7 k €240,8 k €492,3 k €467,6 k €376,3 k €528,2 k €445,6 k €
Cash278,9 k €116,9 k €197,3 k €152,1 k €159,5 k €122,2 k €126,9 k €111,7 k €85,1 k €128,4 k €127,5 k €159,2 k €163,8 k €117,3 k €170,5 k €164,4 k €113,7 k €160 k €70,4 k €
Debts137,7 k €265 k €225,7 k €146,9 k €126 k €102,5 k €110,8 k €92,5 k €86,9 k €139,2 k €160,9 k €152,5 k €173,2 k €126,7 k €290,1 k €201,2 k €143,8 k €372,7 k €299,7 k €
Other
Workforce2,0 ETP2,6 ETP2,6 ETP2,0 ETP2,0 ETP0,6 ETP1,3 ETP2,0 ETP1,9 ETP2,0 ETP2,0 ETP1,4 ETP1,0 ETP1,0 ETP1,3 ETP0,9 ETP0,3 ETP1,0 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 10 active · 33 ended

Active mandates

Johan PYPE

Director · since 03 octobre 2024 · until 25 juin 2027

Active
Richard OOSTROM

Director · since 03 octobre 2024 · until 25 juin 2027

Active
MTC

Director · since 21 mars 2024 · until 03 octobre 2024 · 0668.835.883

Represented by Gregory MORIAU

Active
Tom HEYMANS

Director · since 21 mars 2024 · until 03 octobre 2024

Active
Uri LAUWERS

Director · since 21 mars 2024 · until 03 octobre 2024

Active
ALITHEA

Director · until 21 mars 2024 · 0462.999.608

Represented by Pierre DEMAEREL

Active
Bernard VERBRUGGE

Director · until 21 mars 2024

Active
EAQ

Managing director · until 03 octobre 2024 · 0464.765.107

Represented by Alain Quintelier

Active
Katrien VEREENOOGHE

Managing director · until 21 mars 2024

Active
Mohammed AKAZZAB

Director · until 31 décembre 2024

Active

Ended mandates

ALITHEA

Director · since 04 juin 2020 · until 16 mars 2023 · 0462.999.608

Represented by Pierre DEMAEREL

Ended
BARAN

Director · since 20 juin 2011 · until 20 juin 2017 · 0465.084.217

Represented by Bernard Verbrugge

Ended
BARAN

Director · since 20 juin 2011 · until 20 juin 2017 · 0465.084.217

Represented by Bernard Verbrugge

Ended
Bernard VERBRUGGE

Director · since 20 juin 2011 · until 20 juin 2017

Ended
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 date10/07/202505/03/202414/03/202310/03/202228/05/202117/06/2020
General meeting25/06/202515/02/202428/02/202322/02/202207/05/202104/06/2020
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

26 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202425/06/202510/07/2025DutchPDF
Abridged model31/12/202315/02/202405/03/2024DutchPDF
Abridged model31/12/202228/02/202314/03/2023DutchPDF
Abridged model31/12/202122/02/202210/03/2022DutchPDF
Abridged model31/12/202007/05/202128/05/2021DutchPDF
Abridged model31/12/201904/06/202017/06/2020DutchPDF
Abridged model31/12/201828/02/201927/03/2019DutchPDF
Abridged model31/12/201728/02/201823/03/2018DutchPDF
Abridged model31/12/201616/03/201706/04/2017DutchPDF
Abridged model31/12/201518/02/201624/03/2016DutchPDF
Abridged model31/12/201418/02/201502/03/2015DutchPDF
Abridged model31/12/201319/02/201428/02/2014DutchPDF
Abridged model31/12/201228/02/201329/03/2013DutchPDF
Abridged model31/12/201107/06/201227/06/2012DutchPDF
Abridged model31/12/201028/02/201121/03/2011DutchPDF
Abridged model31/12/200926/02/201012/03/2010DutchPDF
Abridged model31/12/200817/03/200909/04/2009DutchPDF
Abridged model31/12/200726/02/200818/03/2008DutchPDF
Abridged model31/12/200627/03/200727/04/2007DutchPDF
Abridged model31/12/200513/04/200603/05/2006DutchPDF
Abridged model31/12/200428/02/200511/03/2005DutchPDF
Abridged model31/12/200313/02/200419/02/2004DutchPDF
Abridged model31/12/200202/05/200319/05/2003DutchPDF
Abridged model31/12/200112/04/200208/05/2002DutchPDF

View all 26 filings

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 · 10 active · 33 ended

Active mandates

Johan PYPE

Director · since 03 octobre 2024 · until 25 juin 2027

Active
Richard OOSTROM

Director · since 03 octobre 2024 · until 25 juin 2027

Active
MTC

Director · since 21 mars 2024 · until 03 octobre 2024 · 0668.835.883

Represented by Gregory MORIAU

Active
Tom HEYMANS

Director · since 21 mars 2024 · until 03 octobre 2024

Active
Uri LAUWERS

Director · since 21 mars 2024 · until 03 octobre 2024

Active
ALITHEA

Director · until 21 mars 2024 · 0462.999.608

Represented by Pierre DEMAEREL

Active
Bernard VERBRUGGE

Director · until 21 mars 2024

Active
EAQ

Managing director · until 03 octobre 2024 · 0464.765.107

Represented by Alain Quintelier

Active
Katrien VEREENOOGHE

Managing director · until 21 mars 2024

Active
Mohammed AKAZZAB

Director · until 31 décembre 2024

Active

Ended mandates

ALITHEA

Director · since 04 juin 2020 · until 16 mars 2023 · 0462.999.608

Represented by Pierre DEMAEREL

Ended
BARAN

Director · since 20 juin 2011 · until 20 juin 2017 · 0465.084.217

Represented by Bernard Verbrugge

Ended
BARAN

Director · since 20 juin 2011 · until 20 juin 2017 · 0465.084.217

Represented by Bernard Verbrugge

Ended
Bernard VERBRUGGE

Director · since 20 juin 2011 · until 20 juin 2017

Ended
Shareholders

Ownership and network

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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 2024212 k €
  2. 2023
    Annual accounts 202348,4 k €
  3. 2022
    Annual accounts 202251,4 k €
  4. 2021
    Annual accounts 202148,2 k €
  5. 2020
    Annual accounts 202017,3 k €
  6. 2019
    Annual accounts 201918,9 k €
  7. 2018
    Annual accounts 201829,1 k €
  8. 2017
    Annual accounts 20177,2 k €
  9. 2016
    Annual accounts 201631,8 k €
  10. 2015
    Annual accounts 201562,4 k €
  11. 2014
    Annual accounts 201464 k €
  12. 2013
    Annual accounts 201371,7 k €
  13. 2012
    Annual accounts 201244,4 k €
  14. 2011
    Annual accounts 2011-70,4 k €
  15. 2010
    Annual accounts 201060,8 k €
  16. 2009
    Annual accounts 200984 k €
  17. 2008
    Annual accounts 200879,1 k €
  18. 2007
    Annual accounts 2007111,4 k €
  19. 2006
    Annual accounts 2006106,9 k €