TC EXPRESS
ActiveThe computed 12-month bankruptcy probability of TC EXPRESS is 4.6% (elevated). The 2025 annual accounts show equity of €7k and a net result of €1k. Equity is shrinking by ~25.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 37% of 476 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+42
Solvency45▼-34
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.26 against 2.18 in 2024; short-term debt: 75.6% and cash: 30.3% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
35 d early
2024
19 d late
2023
8 d early
2022
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 35.0%
2024 · €11k
2022: €15k
2023: €14k
2024: €11k
2022 → 2025
Total assets
€34k▲ 73.7%
2024 · €20k
2022: €18k
2023: €20k
2024: €20k
2022 → 2025
Net result
€1k
2024 · €-4k
2022: €18
2023: €-922
2024: €-4k
2022 → 2025
Working capital
€7k▼ 38.1%
2024 · €11k
2022: €15k
2023: €14k
2024: €11k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€14k▼ 6.1%€11k▼ 24.8%€7k▼ 35.0%
Operating result€303-€-4k€-4k▲ 15.8%€6k
Net result€18-€-922€-4k▼ 280%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€2k
Current assets
€32k
Equity and liabilities €34k
Equity
€7k▼ 35.0%
Debt
€27k▲ 202%
The debt ratio rises from 45.9% to 79.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k
Cash flow
€2k
Solvency
20.3%▼
2024 · 54.1%
Current ratio
1.26▼
2024 · 2.18
Quick ratio
1.26▼
2024 · 2.18
Debt / equity
3.94▲
2024 · 0.85
ROE
18.8%▲
2024 · -33.1%
ROA
3.8%▲
2024 · -17.9%
Interest coverage
2.18
Debt
€27k▲
2024 · €9k
Debt ≤ 1 year
€26k▲
2024 · €9k
Income taxes
€3k▲
2024 · €196
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€20k€34k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€20k€32k▲
Amounts receivable within one year40/41€11k€21k▲
Trade receivables40€11k€21k▲
Other amounts receivable41€194€0▼
Cash at bank and in hand54/58€8k€10k▲
Deferred charges and accrued income490/1€0€520▲
Equity and liabilities
Total equity and liabilities10/49€20k€34k▲
Equity10/15€11k€7k▼
Contributions10/11€15k€10k▼
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-4k€-3k▲
Amounts payable17/49€9k€27k▲
Amounts payable within one year42/48€9k€26k▲
Trade debts44€233€11k▲
Suppliers440/4€233€11k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€5k€6k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€432
Other operating charges640/8€1k€964▼
Gross operating margin9900€-2k€7k▲
Operating profit (loss)9901€-4k€6k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-3k€4k▲
Income taxes67/77€196€3k▲
Profit (loss) for the period9904€-4k€1k▲
Profit (loss) for the period to be appropriated9905€-4k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-3k▲
Profit (loss) brought forward from the previous period14P€-922€-4k▼
Transfer from equity791/2€18€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 2021
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.
Senator A. Jeurissenlaan 11563520 ZonhovenGround area
8,890 m²
Building footprint
1,054 m²
Parcel 71442C1052/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
TC Express
since 20212.317.019.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C1052/00E000 | Flanders | 8,890 m² | 1 · 1,054 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZonhoven2.317.019.006
Parcel delivery
Notified to the BIPT
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.