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Express Olmen

Active
Veldstraat 1 ·2491 Balen, Belgium
KBO/BCE: BE 0753.407.215
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Age5 yrs
Staff (FTE)2.2
Real estate1 parcel · 2,200 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Express Olmen is 3.3% (moderate). The 2023 annual accounts show equity of €39k and a net result of €-21k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2025 30-04-2026 30-04-2026 on the day 2026-00104983
30-09-2024 30-04-2025 02-05-2025 2 d late 2025-00088457
30-09-2023 30-04-2024 30-04-2024 on the day 2024-00083220
30-09-2022 30-04-2023 03-05-2024 369 d late 2024-00083221
30-09-2021 30-04-2022 29-04-2022 1 d early 2022-20015887

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-21k
Working capital€-33k

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · micro
Fiscal year2023
Depositmicro
Revenue-
EBITDA€44k
Net profit€-21k
Cash flow€29k
Staff costs€66k
Income taxes-
Dividends-
Total assets€387k
Equity€39k
Debt€348k
of which ≤ 1y€215k
of which > 1y€133k
Working capital€-33k
Employees (FTE)2.2
Ratios (computed)
2023
Current ratio0.85
Quick ratio0.51
Working capital ratio-8.6%
Solvency10.2%
Debt / equity8.84
Long-term debt ratio3.39
Interest coverage2.98
Gross margin-
Net margin-
ROA-5.5%
ROE-53.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€387k
Fixed assets 21/28€206k
Tangible fixed assets 22/27€201k
Financial fixed assets 28€5k
Current assets 29/58€181k
Stocks & contracts in progress 3€72k
Amounts receivable within one year 40/41€11k
Cash & bank 54/58€97k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€387k
Equity 10/15€39k
Contributions / capital 10/11€79k
Accumulated profits (losses) 14€-40k
Amounts payable 17/49€348k
Amounts payable after one year 17€133k
Amounts payable within one year 42/48€215k
Trade debts payable within one year 44€152k
Income statement
Gross operating margin 9900€111k
Operating result 9901€-6k
Financial income 75€30
Financial charges 65€15k
Result before taxes 9903€-21k
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
Ratios computed by Checked.

Health barometer

FY 2023 · computed
18 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Veldstraat 12491 Balen

Establishment units

1 location
Express Olmen
Veldstraat 1, 2491 BalenSuperette(niet-gespecialiseerde kleinhandel in algemene voedingsmiddelen met een verkoopsoppvervlakte tussen 100 m2 en 400m2)
since 20202.306.234.089
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,200 m²
Buildings1
Building footprint1,009 m²
Volume (LiDAR)228 m³
Tallest building3.8 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13030B0851/00Y000 Flanders 2,199 m² 1 · 1,009 m² 3.8 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health18Profitability0Solvency14Growth-Stability79
28 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 18
Profitability 0
Solvency 14
Growth -
Stability 79

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector
We hold annual accounts for 1,627 of the 10,430 companies in this sector. 1,355 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113
Primary activity highlighted.
Names & trade names
Legal nameNL Express Olmen
Registered office
Veldstraat 1
2491 Balen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.