ACTIVE

EXPRESS 2

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Financial year 2024 · closed on 31/12/2024

Net result

766,1 €

-92.3% YoY

Gross margin

194,3 k €

+4.6% YoY

Equity

84,6 k €

+0.9% YoY

What does EXPRESS 2 do?

EXPRESS 2 is a Private limited company incorporated in 2009. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.767.201

Incorporation

22/09/2009

Legal form

Private limited company

Registered office

Sint-Jacobsmarkt 89
2000 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

56101Restaurants and mobile food service activities· main 56102Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	194,3 k €	+4.6%	185,8 k €	+16.3%	159,8 k €	+10.2%	144,9 k €	+64.8%	87,9 k €	-37.6%	140,8 k €	+9.5%	128,6 k €	+59.9%	80,4 k €	+13032%	-621,9 €	-200%	622,4 €	+128%	273,6 €	-79.1%	1,3 k €	+32.4%	988 €	-49.5%	2 k €	+116%	-11,9 k €
EBITDA	20,6 k €	-15.6%	24,3 k €	-0.9%	24,6 k €	-71.3%	85,4 k €	+295%	21,6 k €	+184%	-25,7 k €	-623%	4,9 k €	-0.6%	4,9 k €	+470%	-1,3 k €	-164%	-506 €	+20.0%	-632,8 €	-505%	156,3 €	+105%	-3,5 k €	-405%	1,1 k €	+109%	-12,9 k €
Operating result	4,3 k €	-71.1%	15 k €	-19.6%	18,7 k €	-77.4%	82,7 k €	+337%	18,9 k €	+174%	-25,7 k €	-1257%	2,2 k €	-1.4%	2,3 k €	+268%	-1,3 k €	-92.0%	-696 €	+77.7%	-3,1 k €	-45.7%	-2,1 k €	+64.0%	-5,9 k €	-729%	946 €	+107%	-13,1 k €
Net result	766,1 €	-92.3%	9,9 k €	+333%	2,3 k €	-97.2%	82,5 k €	+343%	18,6 k €	+167%	-27,7 k €	-13615%	204,6 €	-88.3%	1,8 k €	+221%	-1,4 k €	-59.3%	-908,8 €	+72.9%	-3,3 k €	-14.5%	-2,9 k €	-96.7%	-1,5 k €	-280%	826 €	+106%	-13,2 k €
Balance sheet
Equity	84,6 k €	+0.9%	83,9 k €	+13.5%	73,9 k €	+3.2%	71,6 k €	+757%	-10,9 k €	+63.1%	-29,5 k €	-1462%	-1,9 k €	+9.8%	-2,1 k €	+45.6%	-3,8 k €	-60.3%	-2,4 k €	-60.9%	-1,5 k €	-180%	1,9 k €	-61.2%	4,8 k €	+30.3%	3,7 k €	+29.0%	2,8 k €
Total assets	179,5 k €	-2.2%	183,6 k €	+80.2%	101,9 k €	-2.8%	104,8 k €	+402%	20,9 k €	+32.5%	15,7 k €	-58.1%	37,5 k €	+42.2%	26,4 k €	+1484%	1,7 k €	-73.9%	6,4 k €	-2.4%	6,5 k €	-23.8%	8,6 k €	-27.2%	11,8 k €	+222%	3,7 k €	+16.8%	3,1 k €
Cash	80,3 k €	+2.9%	78 k €	+25.5%	62,2 k €	-10.7%	69,6 k €	+1114%	5,7 k €	+43.8%	4 k €	-77.4%	17,7 k €	+44.1%	12,3 k €	+710%	1,5 k €	+70.6%	887,6 €	+13.4%	783 €	+162%	299,4 €	-44.8%	542 €	-72.4%	2 k €	+22.6%	1,6 k €
Debts	94,9 k €	-4.8%	99,7 k €	+257%	27,9 k €	-15.8%	33,2 k €	+4.4%	31,8 k €	-29.8%	45,3 k €	+14.9%	39,4 k €	+38.4%	28,5 k €	+417%	5,5 k €	-37.2%	8,8 k €	+9.3%	8 k €	+19.3%	6,7 k €	-4.1%	7 k €		–		297 €
Other
Workforce	–		–		3,1 ETP	+6.9%	2,9 ETP	-23.7%	3,8 ETP	-11.6%	4,3 ETP		–		3,9 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 31/12/2024 · 2 active · 2 ended

Active mandates

Emin Fahretin

Mandate

Active

Emin Neriman

Mandate

Active

Ended mandates

Fahretin Emin

Manager · since 21 septembre 2009

Ended

Neriman Emin

Manager · since 21 septembre 2009

Ended

At this address

Other companies at this address

Company	CBE no.
EXPRESS1● Active	0479.267.793

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/12/2025	08/12/2024	04/07/2023	23/06/2022	17/06/2021	10/07/2020
General meeting	17/06/2025	25/05/2024	20/06/2023	21/06/2022	15/06/2021	16/06/2020
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	17/06/2025	11/12/2025	Dutch	PDF
Micro model	31/12/2023	25/05/2024	08/12/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	17/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	20/02/2013	11/09/2013	Dutch	PDF
Abridged model	31/12/2011	07/02/2012	16/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	11/10/2011	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 31/12/2024 · 2 active · 2 ended

Active mandates

Emin Fahretin

Mandate

Active

Emin Neriman

Mandate

Active

Ended mandates

Fahretin Emin

Manager · since 21 septembre 2009

Ended

Neriman Emin

Manager · since 21 septembre 2009

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

2024
Annual accounts 2024766,1 €↓
2023
Annual accounts 20239,9 k €↑
2022
Annual accounts 20222,3 k €↓
2021
Annual accounts 202182,5 k €↑
2020
Annual accounts 202018,6 k €↑
2019
Annual accounts 2019-27,7 k €↓
2018
Annual accounts 2018204,6 €↓
2017
Annual accounts 20171,8 k €↑
2016
Annual accounts 2016-1,4 k €↓
2015
Annual accounts 2015-908,8 €↑
2014
Annual accounts 2014-3,3 k €↓
2013
Annual accounts 2013-2,9 k €↓
2012
Annual accounts 2012-1,5 k €↓
2011
Annual accounts 2011826 €↑
2010
Annual accounts 2010-13,2 k €
22/09/2009
IncorporationPrivate limited company

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

EXPRESS 2

Overview

What does EXPRESS 2 do?

Trend over 15 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

Similar companies

Similar companies

Timeline