What does NIPPON EXPRESS (BELGIUM) do?

NIPPON EXPRESS (BELGIUM) is a logistics company in Machelen (Brab.). Public Limited, started on 1 July 1983, 3 establishments.

What is the address of NIPPON EXPRESS (BELGIUM)?

The registered office of NIPPON EXPRESS (BELGIUM) is located at Bedrijvenzone Machelen-Cargo 717, 1830 Machelen (Brab.).

Is NIPPON EXPRESS (BELGIUM) still active?

Yes. According to the CBE (29 October 2026) NIPPON EXPRESS (BELGIUM) is active, legal situation “Normale toestand”, started on 1 July 1983.

Is NIPPON EXPRESS (BELGIUM) registered on Peppol?

Yes, NIPPON EXPRESS (BELGIUM) is registered on the Peppol network with ID 0208:0424188423.

What is the enterprise number of NIPPON EXPRESS (BELGIUM)?

The enterprise number of NIPPON EXPRESS (BELGIUM) is BE0424188423.

When was NIPPON EXPRESS (BELGIUM) founded?

NIPPON EXPRESS (BELGIUM) was founded on 1 July 1983.

Who are the directors of NIPPON EXPRESS (BELGIUM)?

According to the 2025 annual accounts, the directors of NIPPON EXPRESS (BELGIUM) are: Takeaki Yasuda, Naito Kei, Go Kasuya, Van Den Bosch Tim, Shinichi Kakiyama, Michael Kamm.

Is NIPPON EXPRESS (BELGIUM) a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 July 1983; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account; 3 establishments in the CBE.

How much profit did NIPPON EXPRESS (BELGIUM) make in 2025?

NIPPON EXPRESS (BELGIUM) recorded a loss after taxes of € 2,048,438 in financial year 2025.

What is the revenue of NIPPON EXPRESS (BELGIUM)?

In its most recent annual accounts (2025), NIPPON EXPRESS (BELGIUM) reported revenue of € 72,671,539.

How much does an employee at NIPPON EXPRESS (BELGIUM) earn?

The average wage cost per full-time employee at NIPPON EXPRESS (BELGIUM) was € 81,500 in 2025: staff costs of € 18.5 million for 226.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NIPPON EXPRESS (BELGIUM) have?

According to the 2025 annual accounts, NIPPON EXPRESS (BELGIUM) has 226.9 full-time equivalents (FTE).

NIPPON EXPRESS (BELGIUM) (Public Limited)

Dossier NIPPON EXPRESS (BELGIUM), printed on 29 October 2026 from databakkes.be/en/0424188423/nippon-express-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

NIPPON EXPRESS (BELGIUM) from Machelen (Brab.), company number BE0424188423, closed financial year 2025 with a result of € -2 million after tax. For that financial year NIPPON EXPRESS (BELGIUM) recorded revenue of € 72.7 million and equity of € 14.2 million. Compared with financial year 2024, the result moved from € -319,731 to € -2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Healthy

€ 14.2 million

▼ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2 million

▼ 541 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 587,456

▼ 31% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 11.6 million.

People and assets in 2025

Full-time equivalents

226.9

▲ 21.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 12.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 18.5 million

▲ 12% vs 2024

€ 81,500 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.

Vehicles and equipment

€ 1.3 million

▼ 12% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 12.5 million

▲ 63% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 79 days on average.

Taxes and wages

€ 3.2 million

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 124,161,803 Revenue 2022: € 124,161,803 First fiscal year in the series	€ 91,190,059 Revenue 2023: € 91,190,059 ▼ 27% vs 2022 (€ 124,161,803) Unfavourable step	€ 74,146,905 Revenue 2024: € 74,146,905 ▼ 19% vs 2023 (€ 91,190,059) Unfavourable step	€ 72,671,539 Revenue 2025: € 72,671,539 ▼ 2% vs 2024 (€ 74,146,905) Unfavourable step	▼ 2%
Profit after taxes	€ 4,293,530 Profit after taxes 2022: € 4,293,530 First fiscal year in the series	€ 1,964,852 Profit after taxes 2023: € 1,964,852 ▼ 54% vs 2022 (€ 4,293,530) Unfavourable step	€ -319,731 Profit after taxes 2024: € -319,731 ▼ € 2.3 million vs 2023 (€ 1,964,852) Unfavourable step	€ -2,048,438 Profit after taxes 2025: € -2,048,438 ▼ € 1.7 million vs 2024 (€ -319,731) Unfavourable step	▼ € 1.7 million
Equity	€ 17,647,395 Equity 2022: € 17,647,395 First fiscal year in the series	€ 16,612,247 Equity 2023: € 16,612,247 ▼ 6% vs 2022 (€ 17,647,395) Unfavourable step	€ 16,292,516 Equity 2024: € 16,292,516 ▼ 2% vs 2023 (€ 16,612,247) Unfavourable step	€ 14,244,078 Equity 2025: € 14,244,078 ▼ 13% vs 2024 (€ 16,292,516) Unfavourable step	▼ 13%
Total debts	€ 27,435,062 Total debts 2022: € 27,435,062 First fiscal year in the series	€ 15,847,302 Total debts 2023: € 15,847,302 ▼ 42% vs 2022 (€ 27,435,062) Favourable step	€ 11,934,823 Total debts 2024: € 11,934,823 ▼ 25% vs 2023 (€ 15,847,302) Favourable step	€ 17,080,674 Total debts 2025: € 17,080,674 ▲ 43% vs 2024 (€ 11,934,823) Unfavourable step	▲ 43%
Cash	€ 993,230 Cash 2022: € 993,230 First fiscal year in the series	€ 1,707,055 Cash 2023: € 1,707,055 ▲ 72% vs 2022 (€ 993,230) Favourable step	€ 850,532 Cash 2024: € 850,532 ▼ 50% vs 2023 (€ 1,707,055) Unfavourable step	€ 587,456 Cash 2025: € 587,456 ▼ 31% vs 2024 (€ 850,532) Unfavourable step	▼ 31%
Retained profit	€ 14,979,587 Retained profit 2022: € 14,979,587 First fiscal year in the series	€ 13,944,439 Retained profit 2023: € 13,944,439 ▼ 7% vs 2022 (€ 14,979,587) Unfavourable step	€ 13,624,708 Retained profit 2024: € 13,624,708 ▼ 2% vs 2023 (€ 13,944,439) Unfavourable step	€ 11,576,270 Retained profit 2025: € 11,576,270 ▼ 15% vs 2024 (€ 13,624,708) Unfavourable step	▼ 15%
Dividend	€ 2,899,820 Dividend 2022: € 2,899,820 First fiscal year in the series	€ 3,000,000 Dividend 2023: € 3,000,000 ▲ 3% vs 2022 (€ 2,899,820) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 3,000,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 45,082,457 Balance sheet total 2022: € 45,082,457 First fiscal year in the series	€ 32,459,549 Balance sheet total 2023: € 32,459,549 ▼ 28% vs 2022 (€ 45,082,457) Unchanged	€ 28,227,339 Balance sheet total 2024: € 28,227,339 ▼ 13% vs 2023 (€ 32,459,549) Unchanged	€ 31,324,752 Balance sheet total 2025: € 31,324,752 ▲ 11% vs 2024 (€ 28,227,339) Unchanged	▲ 11%
Employees (FTE)	173.3 Employees (FTE) 2022: 173.3 First fiscal year in the series	199 Employees (FTE) 2023: 199 ▲ 25.7 vs 2022 (173.3) Unchanged	205.3 Employees (FTE) 2024: 205.3 ▲ 6.3 vs 2023 (199) Unchanged	226.9 Employees (FTE) 2025: 226.9 ▲ 21.6 vs 2024 (205.3) Unchanged	▲ 21.6

Key figures of NIPPON EXPRESS (BELGIUM), fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to NIPPON EXPRESS (BELGIUM)?

What happened at NIPPON EXPRESS (BELGIUM) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Van Den Bosch Tim stepped down as director. NBB
2031 Naito Kei stepped down as director. NBB
2028 Go Kasuya stepped down as director. NBB
2028 Shinichi Kakiyama stepped down as director. NBB
Sep 30, 2026 New annual accounts for financial year 2025: loss of € 2 million. filed late Source: NBB ↗
2026 Van Den Bosch Tim became a director. NBB
2026 Michael Kamm stepped down as director. NBB
2026 Takeaki Yasuda stepped down as director. NBB

In short

From € 4.3 million profit in 2022 to € 2 million loss in 2025.

Paid € 2.6 million in corporate taxes since 2022.

Best year ever: 2022, with € 4.3 million profit.

Paid out € 5.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Nippon Express Europe GmbH 100%

NIPPON EXPRESS (BELGIUM)

The shares are held by Nippon Express Europe GmbH (100%).

Directors

According to the 2025 annual accounts

Takeaki Yasuda

Director

since 2024 · until 2026

Naito Kei

Director

since 2026 · until 2031

Go Kasuya

Director

since 2022 · until 2028

Van Den Bosch Tim

Chairman of the board

since 2026 · until 2031

Shinichi Kakiyama

Director

since 2023 · until 2028

Michael Kamm

Chairman of the board

Also active at: VOKA - Kamer van Koophandel Vlaams-Brabant

since 2023 · until 2026

Shareholders

Nippon Express Europe GmbH

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bedrijvenzone Machelen-Cargo 717

1830 Machelen (Brab.)

2.022.736.446

Generaal De Wittelaan 11 box C

2800 Mechelen

Active since 1 October 1983

2.330.710.753

Mondeolaan 16 box 2&3

3600 Genk

Active since 25 April 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0424.188.423

VAT number

BE 0424.188.423

Registered office

Bedrijvenzone Machelen-Cargo 717, 1830 Machelen (Brab.)

Names & denominations

NIPPON EXPRESS (BELGIUM)

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 July 1983

Peppol

Active · Active since 4 Mar 2026

Contact

[email protected]

Activities · NACE

Logistieke diensten

Expeditiekantoren

Overige vervoerondersteunende activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

NIPPON EXPRESS (BELGIUM)

Warning lights

Financials

What happened to NIPPON EXPRESS (BELGIUM)?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions