Financials
Financial year 2025
FedEx Express BE from Machelen (Brab.), company number BE0406383379, closed financial year 2025 with a result of € 13.1 million after tax. For that financial year FedEx Express BE recorded revenue of € 420 million and equity of € 120.1 million. Compared with financial year 2024, the result moved from € -29 million to € 13.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2025.
€ 120.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.1 million
▲ still € 29 million loss in 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.6 million.
People and assets in 2025
1,197.5
▼ 92 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 125.9 million
€ 105,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.4 million
▲ 1% vs 2024
Of which on lease € 682,471.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 32.7 million
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 22.3 million
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 214,821,768 | € 444,903,149 | € 468,529,399 | € 419,997,179 | ▼ 10% |
| Profit after taxes | € 2,828,053 | € 8,845,428 | € -28,999,952 | € 13,123,232 | ▲ € 42.1 million |
| Equity | € 31,974,895 | € 136,022,721 | € 107,000,101 | € 120,100,665 | ▲ 12% |
| Total debts | € 122,015,165 | € 187,104,172 | € 160,426,865 | € 138,791,582 | ▼ 13% |
| Cash | € 3,308,790 | € 325,822 | € 1,133,022 | € 1,703,958 | ▲ 50% |
| Land & buildings | € 20,095,338 | € 19,063,996 | € 17,228,170 | € 16,220,269 | ▼ 6% |
| Retained profit | € -1,770,073 | € 14,323,090 | € -14,676,862 | € -1,553,630 | ▲ € 13.1 million |
| Balance sheet total | € 157,865,603 | € 383,359,995 | € 321,302,749 | € 371,059,488 | ▲ 15% |
| Employees (FTE) | 600.2 | 1,109.5 | 1,289.5 | 1,197.5 | ▼ 92 |
Key figures of FedEx Express BE, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 December 2026.
What happened to FedEx Express BE?
What happened at FedEx Express BE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13.1 million. Source: NBB ↗
- Wouter J. Piot became a director. NBB
- Marius M. Penninks became a director. NBB
- Martin A. Bosman became a director. NBB
- Armanda A. Post became a director. NBB
- Olivier C.G. De Waele became a director. NBB
- New establishment in Heusden-Zolder. KBO
- New establishment in Machelen (Brab.). KBO
In short
From € 2.8 million profit in 2021 to € 13.1 million profit in 2025.
Paid € 17.5 million in corporate taxes since 2021.
Best year ever: 2025, with € 13.1 million profit.
Pays suppliers within 35 days on average.
A new publication or filing at FedEx Express BE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FedEx Express BE are Marius M. Penninks, Wouter J. Piot, Martin A. Bosman, Armanda A. Post and Olivier C.G. De Waele. The shares are held by Fedex Express International BV (100%). It owns 100% of FedEx Express Belgium Air HUB SRL itself.
Directors
According to the 2025 annual accounts
Marius M. Penninks
Director
since 2023
Wouter J. Piot
Director
since 2024
Martin A. Bosman
Director
since 2023
Armanda A. Post
Director
since 2023
Olivier C.G. De Waele
Director
since 2023
Shareholders
Fedex Express International BV
100%
Participations
Establishments
Establishment units
Physical locations of this company
Bedrijvenzone Machelen-Cargo 711
1830 Machelen (Brab.)
Scheldeweg 3
2850 Boom
Active since 24 July 2001
Leenstraat 175
9870 Zulte
Active since 26 July 2001
Rue de l'Eperonnerie 1
4041 Herstal
Active since 1 August 2001
Steenweg Buda 31-33
1830 Machelen (Brab.)
Active since 1 July 2020
Boterbosstraat 32
3550 Heusden-Zolder
Active since 2 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.383.379
- VAT number
- BE 0406.383.379
- Registered office
- Bedrijvenzone Machelen-Cargo 711, 1830 Machelen (Brab.)
- Names & denominations
- FedEx Express BE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1968
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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Logistieke diensten
Expeditiekantoren
Overige vervoerondersteunende activiteiten