Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
RUN EXPRESS LOGISTICS from Herstal, company number BE0871988428, closed financial year 2024 with a result of € 104,820 after tax. For that financial year RUN EXPRESS LOGISTICS recorded a gross margin of € 416,033 and equity of € 29,530. Compared with financial year 2023, the result moved from € 45,068 to € 104,820. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 29,530
▲ 20% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,820
▲ 133% vs 2023
Profit after tax over the fiscal year.
€ 34,367
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 103,380
▼ 36% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 550,183
▲ 78% vs 2023
Of which on lease € 538,282.
Debts at end 2024
€ 449,698
▲ 101% vs 2023
€ 148,673 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 926,963
▲ 135% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 124,574
▲ 78% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 307,154 | € 226,294 | € 370,497 | € 416,033 | ▲ 12% |
| Profit after taxes | € 124,381 | € 44,342 | € 45,068 | € 104,820 | ▲ 133% |
| Equity | € -64,700 | € -20,357 | € 24,711 | € 29,530 | ▲ 20% |
| Total debts | € 788,390 | € 951,705 | € 1,011,102 | € 1,686,924 | ▲ 67% |
| Cash | € 38,704 | € 69,298 | € 142,784 | € 34,367 | ▼ 76% |
| Land & buildings | € 160,000 | € 160,000 | € 160,000 | € 160,000 | |
| Retained profit | € -70,900 | € -26,557 | € 18,511 | € 23,330 | ▲ 26% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 29,587 | € 150,273 | € 224,035 | € 449,698 | ▲ 101% |
| Balance sheet total | € 723,691 | € 931,348 | € 1,035,813 | € 1,716,454 | ▲ 66% |
Key figures of RUN EXPRESS LOGISTICS, 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 RUN EXPRESS LOGISTICS?
What happened at RUN EXPRESS LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 104,820 (▲ 133% vs 2023). filed late Source: NBB ↗
- Abdullah KARADUMAN became a director. NBB
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 124,381 profit in 2021 to € 104,820 profit in 2024.
Paid € 112,554 in corporate taxes since 2021.
Best year ever: 2021, with € 124,381 profit.
Paid out € 100,000 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
Behind RUN EXPRESS LOGISTICS is Abdullah KARADUMAN.
Directors
According to the 2024 annual accounts
Abdullah KARADUMAN
Administrator-manager
since 2020
Establishments
Establishment units
Physical locations of this company
Rue de l'Abbaye 91
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0871.988.428
- VAT number
- BE 0871.988.428
- Registered office
- Rue de l'Abbaye 91, 4040 Herstal
- Names & denominations
- RUN EXPRESS LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2005
- Peppol
- Active · Active since 29 Aug 2025
- Contact
- runexpresslogistics.be 04-273-06-64
- Activities · NACE
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