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FedEx Express BE

Active
Private limited companyfounded 1968active for 58 yearsBedrijvenzone Machelen-Cargo 711, 1830 Machelen (Brab.), BelgiumKBO/BCE: BE 0406.383.379
Summary

FedEx Express BE has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120.1m and a net result of €13.1m, of which €133.9m non-recurring income. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 41% of 55 sector peers (NACE 53, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Other postal and courier activities
NACE 53200
Largest company by total assets in Flemish Brabant, Postal and courier sector6 sites
Size
€420.0mturnover 2025
Staff
1,197.5 FTE
Equity
€120.1m
Profit
€13.1m
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
FedEx Corporation
Board
8 members
Holdings
1
Auditor: Ernst & Young Bedrijfsrevisoren BV2025 accounts 27 days early
Why 69raises risk1 change of registered office in 24 monthsSector: Postal and courier activities (NACE 53)lowers riskSize: turnover €420.0m, 1,197.5 FTE, total assets €371.1mFounded in 1968Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (all companies)
Financial strength · tick = 2024
Average
Solvency 57-1
equity 32.4% of total assets
Liquidity 47+5
short-term debt 15.0% · cash 0.5%
Profitability 65+37
return on assets 3.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (5 companies, NACE 53, large)
Last 24 months 11-2024: 1.1% 12-2024: 1.2%▲ +0.1 percentage points vs 11-2024 01-2025: 2.0%▲ +0.8 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 3.2%▲ +1.2 percentage points vs 05-2025 07-2025: 3.1%▼ -0.1 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.2%▲ +0.1 percentage points vs 08-2025 10-2025: 3.4%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 3.3%▼ -0.1 percentage points vs 10-2025 12-2025: 3.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▼ -2.8 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026
Credit of up to €8,250,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.33, compared with 1.53 in 2024, above the usual 1.5; short-term debt: 15% and cash: 0.5% of total assets), but 67.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 47% on solvency, 55% on liquidity, 55% on profitability and 43% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €420.0m, 1,197.5 FTE, total assets €371.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Postal and courier activities (NACE 53)
KBO
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 04-12-2025, 27 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
27 days early
2024
22 days early
2023
25 days early
2022
73 days late
2021
206 days late
2020
85 days late
2019
43 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 48 days after the deadline; the sector median (NACE 53) for financial year 2024 is 13 days after the deadline, and 56% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-05-2026 is due by 31-12-2026. Nothing is late today. The company usually files around 9 December (4 of the last 5 filed years within 95 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-05-2026 year end26-10-2026 today31-12-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarAmendment of the articles ·…
  2. Appointment: James Alexander Davies (director)Gazette deed
  3. Resignations & appointmentsPower of attorney

Key points

  • Positive: Back in profit in 2025after -€29.0m in 2024 €13.1m View
  • Positive: Largest company by total assets in Flemish Brabant, Postal and courier sectorin the Checked rankings No. 1 View
  • Controlled by FedEx Corporationknown shareholders 100% parent View
  • Board changedlatest change 01-08-2026 · 8 in office 1 joined · 1 left View
  • Active since 1968founded 07-05-1968 58 years View
  • Flemish supportawarded from 2022 to 2025 €82,697 View

By topic

Financials

Financial year
2025
Turnover
€420.0m
Profit
€13.1m
Solvency
32.4%
Turnover▼ 10.4%
Net result
20192025
Go to Financials

Board & ownership

Board
8 members
Parent
FedEx Corporation
Known shareholders
100%
Auditor
Ernst & Young Bedrijfsrevisoren…
  • Charlotte T. GrimbergenDirector
  • Erik P.C. UljeeDirector
  • Leendert C. T. CreyfDirector
  • Martin André BosmanDirector
  • Olivier Christian Guy De WaeleDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
107
Since
1978
Next accounts
by 31-12-2026
  1. 29-06-2026Resignation: Armanda Annewiek Post (director)
  2. 31-12-2025Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory…
  3. 04-12-2025Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Private limited company
Activity
Other postal and courier activitiesNACE 53200
Founded
07-05-1968
Year ends
31-05
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
6
Financial year
From 1 January to 31 December
Annual meeting
Last Tuesday of June at 11:00
Purpose
“De vennootschap heeft tot voorwerp, in België en in het buitenland, voor eigen rekening of…” (deed in Dutch)
Go to Articles of association

Key facts about FedEx Express BE

What is the company number of FedEx Express BE?
0406.383.379. In Belgium the VAT number is the company number with BE in front: BE 0406.383.379.
Where is FedEx Express BE based?
The registered office is at Bedrijvenzone Machelen-Cargo 711, 1830 Machelen (Brab.).Company details
What does FedEx Express BE do?
According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
What is the legal form of FedEx Express BE?
Private limited company (BV).
When was FedEx Express BE founded?
On 07-05-1968.
Is FedEx Express BE still active?
Yes, FedEx Express BE is an active enterprise in the KBO register.
How many employees does FedEx Express BE have?
On average 1,197.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FedEx Express BE?
€420.0m in financial year 2025, according to the filed annual accounts.
Is FedEx Express BE profitable?
In financial year 2025, FedEx Express BE made a profit of €13.1m.
Where can I find the annual accounts of FedEx Express BE?
FedEx Express BE filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FedEx Express BE due?
By 31-12-2026, for financial year 2026.Timeline

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