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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2021, 2022.
Financials
Financial year 2024
NIPPON EXPRESS (BELGIUM) from Machelen (Brab.), company number BE0424188423, closed financial year 2024 with a result of € -319,731 after tax. For that financial year NIPPON EXPRESS (BELGIUM) recorded revenue of € 74.1 million and equity of € 16.3 million. Compared with financial year 2023, the result moved from € 2 million to € -319,731. 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 25, 2025.
€ 16.3 million
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -319,731
▼ still € 2 million profit in 2023
Profit after tax over the fiscal year.
€ 850,532
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13.6 million.
People and assets in 2024
205.3
▲ 6.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 16.6 million
▲ 5% vs 2023
€ 80,600 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.
€ 1.5 million
▲ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 7.7 million
▼ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 2.6 million
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 81,270,865 | € 124,161,803 | € 91,190,059 | € 74,146,905 | ▼ 19% |
| Profit after taxes | € 3,446,963 | € 4,293,530 | € 1,964,852 | € -319,731 | ▼ € 2.3 million |
| Equity | € 16,253,685 | € 17,647,395 | € 16,612,247 | € 16,292,516 | ▼ 2% |
| Total debts | € 20,827,378 | € 27,435,062 | € 15,847,302 | € 11,934,823 | ▼ 25% |
| Cash | € 1,821,818 | € 993,230 | € 1,707,055 | € 850,532 | ▼ 50% |
| Retained profit | € 13,585,877 | € 14,979,587 | € 13,944,439 | € 13,624,708 | ▼ 2% |
| Dividend | € 0 | € 2,899,820 | € 3,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 37,081,063 | € 45,082,457 | € 32,459,549 | € 28,227,339 | ▼ 13% |
| Employees (FTE) | 128 | 173.3 | 199 | 205.3 | ▲ 6.3 |
Key figures of NIPPON EXPRESS (BELGIUM), fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- Takeaki Yasuda stepped down as director. NBB
- Shinichi Kakiyama stepped down as director. NBB
- Michael Kamm stepped down as director. NBB
- Go Kasuya stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 319,731 (▼ € 2.3 million vs 2023). filed late Source: NBB ↗
- Takeaki Yasuda became a director. NBB
- Shinichi Kakiyama became a director. NBB
- Michael Kamm became a director. NBB
In short
From € 3.4 million profit in 2021 to € 319,731 loss in 2024.
Paid € 3.9 million in corporate taxes since 2021.
Best year ever: 2022, with € 4.3 million profit.
Paid out € 5.9 million in dividends to the owners in total.
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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
The shares are held by Nippon Express Europe GmbH (100%).
Directors
According to the 2024 annual accounts
Takeaki Yasuda
Director
since 2024 · until 2029
Go Kasuya
Director
since 2022 · until 2026
Shinichi Kakiyama
Director
since 2023 · until 2028
since 2023 · until 2028
Shareholders
Nippon Express Europe GmbH
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenzone Machelen-Cargo 717
1830 Machelen (Brab.)
Generaal De Wittelaan 11 box C
2800 Mechelen
Active since 1 October 1983
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