ACTIVE

NET EXPRESS

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Financial year 2025 · closed on 31/12/2025
Net result
659 €
-96.0% YoY
Gross margin
75,1 k €
-9.5% YoY
Equity
22,4 k €
+3.0% YoY

What does NET EXPRESS do?

NET EXPRESS is a Private limited company incorporated in 2016. Its main activity is: Postal activities under universal service obligation. Its registered office is in Grez-Doiceau.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0665.882.828
Incorporation
09/11/2016
Legal form
Private limited company
Registered office
Pierre des Béguines 10
1390 Grez-Doiceau · WallonieSee on map
Contributed capital
7 250,00 €
Latest accounts
31/12/2025
Activities (NACE)
53100Postal activities under universal service obligation· main53100Postal activities under universal service obligation53200Other postal and courier activities53200Other postal and courier activities
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin75,1 k €83 k €22,4 k €4,4 k €-3,3 k €-6,1 k €-2 k €–-1,6 k €
EBITDA17 k €33,9 k €22,1 k €4,2 k €-3,4 k €-6,1 k €-2,1 k €-429,1 €-2,4 k €
Operating result1,4 k €20,4 k €18,7 k €605 €-6,9 k €-8,3 k €-2,1 k €-429,1 €-2,4 k €
Net result659 €16,5 k €18,4 k €397 €-7,1 k €-8,5 k €-2,1 k €-558 €-2,5 k €
Balance sheet
Equity22,4 k €21,7 k €5,3 k €-13,2 k €-14 k €-7,1 k €1,4 k €3,4 k €4 k €
Total assets52,2 k €99 k €41,2 k €18,2 k €17,9 k €22,6 k €2,4 k €4,7 k €4,8 k €
Cash11,6 k €30,7 k €4,4 k €4,2 k €177 €946,8 €2,4 k €4,7 k €4,8 k €
Debts29,8 k €52,3 k €36 k €31,4 k €31,9 k €29,7 k €1 k €1,2 k €820,3 €
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 · 2 ended

Active mandates

Thierry BRUGMA

Director

Active

Ended mandates

THIBAUT BRUGMA

Director

Ended
THIERRY BRUGMA

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
SIPLUS● Active
0455.066.293
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202627/08/202527/08/202414/07/202325/07/202221/09/2021
General meeting22/05/202613/06/202514/06/202409/06/202310/06/202216/09/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/05/202631/08/2026FrenchPDF
Micro model31/12/202413/06/202527/08/2025FrenchPDF
Micro model31/12/202314/06/202427/08/2024FrenchPDF
Micro model31/12/202209/06/202314/07/2023FrenchPDF
Micro model31/12/202110/06/202225/07/2022FrenchPDF
Micro model31/12/202016/09/202121/09/2021FrenchPDF
Micro model31/12/201908/09/202023/10/2020FrenchPDF
Micro model31/12/201802/09/201902/10/2019FrenchPDF
Micro model31/12/201702/09/201902/10/2019FrenchPDF
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 · 2 ended

Active mandates

Thierry BRUGMA

Director

Active

Ended mandates

THIBAUT BRUGMA

Director

Ended
THIERRY BRUGMA

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/07/2019
    SIEGE SOCIAL
    PDF
  • Other14/11/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 2025659 €↓
  2. 2024
    Annual accounts 202416,5 k €↓
  3. 2023
    Annual accounts 202318,4 k €↑
  4. 2022
    Annual accounts 2022397 €↑
  5. 2021
    Annual accounts 2021-7,1 k €↑
  6. 2020
    Annual accounts 2020-8,5 k €↓
  7. 2019
    Annual accounts 2019-2,1 k €↓
  8. 2018
    Annual accounts 2018-558 €↑
  9. 2017
    Annual accounts 2017-2,5 k €
  10. 09/11/2016
    IncorporationPrivate limited company