Equity
DAGHAN EXPRESS has made a profit in every financial year since 2016.
In July 2024, 10,904 companies had the same profile as DAGHAN EXPRESS has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for DAGHAN EXPRESS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DAGHAN EXPRESS Ghent | €121,537 | €16,490 | 92.8% | - |
| WETTINCK FILIP Wetteren | €121,112 | €14,507 | 88.9% | - |
| ANKA Ghent | €105,035 | €19,748 | 55.6% | - |
| YAREN COMPANY Ghent | €95,150 | €18,383 | 51.3% | - |
| PASCAL G & A Koekelberg | €114,585 | €14,433 | 86.5% | - |
| CRI-8 Heuvelland | €108,554 | €18,699 | 31.9% | - |
| DILOZA TRANSPORT Asse | €138,512 | €15,610 | 30.7% | - |
These companies have the same main activity as DAGHAN EXPRESS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €95,100 and €139,000, founded between 2012 and 2016.
DAGHAN EXPRESS files the abbreviated format. That format states no turnover. The gross margin rose from €12,434 in 2016 to €16,490 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €75,000 and €230,000.
Higher than 95% of 2,418 companies in 2025.
Higher than 95% of 2,369 companies in 2025.
Higher than 38% of 2,377 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
121,537 | 124,734 | 109,492 | 110,321 | 170,865 | 96,189 | 62,524 | 97,992 | 56,379 | 191,860 | |
21/28 |
9,424 | 13,563 | 8,703 | 25,166 | 5,285 | 5,285 | 5,285 | 395 | 395 | 395 | |
22/27 |
4,139 | 8,278 | 3,418 | 19,881 | - | - | - | 395 | 395 | 395 | |
24 |
4,139 | 8,278 | 3,418 | 19,881 | - | - | - | 395 | 395 | 395 | |
28 |
5,285 | 5,285 | 5,285 | 5,285 | 5,285 | 5,285 | 5,285 | - | - | - | |
29/58 |
112,113 | 111,171 | 100,789 | 85,155 | 165,580 | 90,904 | 57,239 | 97,597 | 55,984 | 191,465 | |
40/41 |
103,023 | 93,674 | 97,686 | 85,155 | 94,646 | 30,322 | 26,266 | 91,385 | 36,772 | 191,465 | |
40 |
907 | 1,647 | 198 | 8,357 | 377 | 2,747 | - | 54,146 | 13,575 | 170,127 | |
41 |
102,116 | 92,027 | 97,487 | 76,798 | 94,269 | 27,575 | 26,266 | 37,239 | 23,197 | 21,338 | |
54/58 |
9,090 | 17,497 | 3,103 | - | 70,934 | 60,582 | 30,972 | 6,212 | 19,212 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
121,537 | 124,734 | 109,492 | 110,321 | 170,865 | 96,189 | 62,524 | 97,992 | 56,379 | 191,860 | |
10/15 |
112,833 | 109,949 | 94,859 | 90,871 | 89,406 | 81,184 | 56,693 | 34,345 | 27,496 | 23,174 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,240 | 1,240 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,240 | 1,240 | |
14 |
98,573 | 95,689 | 80,599 | 76,611 | 75,146 | 66,924 | 42,433 | 20,085 | 13,856 | 9,534 | |
16 |
- | - | - | - | - | - | - | 24,000 | 19,000 | - | |
160/5 |
- | - | - | - | - | - | - | 24,000 | 19,000 | - | |
162 |
- | - | - | - | - | - | - | 24,000 | - | - | |
164/5 |
- | - | - | - | - | - | - | - | 19,000 | - | |
17/49 |
8,704 | 14,786 | 14,633 | 19,449 | 81,460 | 15,005 | 5,831 | 39,647 | 9,883 | 168,686 | |
17 |
- | - | 11,848 | 11,848 | 24,900 | - | - | - | - | - | |
170/4 |
- | - | 11,848 | 11,848 | 24,900 | - | - | - | - | - | |
42/48 |
8,704 | 14,786 | 2,785 | 7,601 | 56,560 | 15,005 | 5,831 | 39,647 | 9,883 | 168,686 | |
42 |
- | 5,782 | - | 6,526 | - | - | - | - | - | - | |
43 |
57 | 57 | 57 | 824 | 485 | 485 | 266 | - | - | - | |
430/8 |
57 | 57 | 57 | 824 | 485 | 485 | 266 | - | - | - | |
44 |
8,647 | 8,947 | 2,728 | 251 | 56,075 | 11,907 | 5,565 | 39,647 | 9,883 | 159,899 | |
440/4 |
8,647 | 8,947 | 2,728 | 251 | 56,075 | 11,907 | 5,565 | 39,647 | 9,883 | 159,899 | |
45 |
- | - | - | - | - | 2,612 | - | - | - | 8,787 | |
450/3 |
- | - | - | - | - | 1,829 | - | - | - | 8,787 | |
454/9 |
- | - | - | - | - | 783 | - | - | - | - | |
| Income statement | |||||||||||
9900 |
16,490 | 28,372 | 19,563 | 18,455 | 38,398 | 33,446 | 79,340 | 37,850 | 36,736 | 12,434 | |
62 |
- | 4,372 | - | - | 21,109 | - | 26,339 | - | - | - | |
630 |
4,139 | 4,139 | 7,463 | 816 | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | 24,000 | 19,000 | - | |
640/8 |
6,278 | 2,914 | 7,151 | 12,624 | 8,790 | 7,816 | 38,857 | 7,001 | 13,414 | 1,660 | |
9901 |
6,073 | 16,947 | 4,949 | 5,015 | 8,498 | 25,630 | 14,144 | 6,849 | 4,322 | 10,774 | |
75/76B |
0 | 0 | - | - | - | 77 | - | - | - | - | |
75 |
0 | 0 | - | - | - | 77 | - | - | - | - | |
65/66B |
1,939 | 1,857 | 962 | 449 | 277 | 963 | 357 | - | - | - | |
65 |
1,939 | 1,857 | 962 | 449 | 277 | 963 | 357 | - | - | - | |
9903 |
4,134 | 15,090 | 3,987 | 4,566 | 8,221 | 24,743 | 13,786 | 6,849 | 4,322 | 10,774 | |
67/77 |
1,250 | - | - | 3,100 | - | 252 | - | - | - | - | |
9904 |
2,884 | 15,090 | 3,987 | 1,466 | 8,221 | 24,491 | 13,786 | 6,849 | 4,322 | 10,774 | |
9905 |
2,884 | 15,090 | 3,987 | 1,466 | 8,221 | 24,491 | 13,786 | 6,849 | 4,322 | 10,774 | |
| Appropriation of the result | |||||||||||
9906 |
98,573 | 95,689 | 80,599 | 76,611 | 75,146 | 66,924 | 42,433 | 20,705 | 13,856 | 10,774 | |
14P |
95,689 | 80,599 | 76,611 | 75,146 | 66,924 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 620 | - | 1,240 | |
6920 |
- | - | - | - | - | - | - | 620 | - | 1,240 | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 05-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 05-06-2026 | 2026-00164757 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00118454 | |
| 31-12-2023 | micro format | 06-03-2025 | 2025-00044475 | |
| 31-12-2022 | micro format | 23-10-2023 | 2023-00492237 | |
| 31-12-2021 | micro format | 26-10-2022 | 2022-20476749 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74800123 | |
| 31-12-2019 | micro format | 10-05-2021 | 2021-13900482 | |
| 31-12-2018 | abbreviated format | 02-09-2019 | 2019-63000330 | |
| 31-12-2017 | abbreviated format | 16-01-2019 | 2019-01800432 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-57800155 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,212 | 21,086 | 12,412 | 5,831 | - | - | - | - | - | - | ||
| 7,023 | 19,229 | 11,450 | 2,282 | - | - | - | - | - | - | ||
| 0 | 9,000 | -9,000 | 20,697 | - | - | 5,285 | - | - | 395 | ||
| -8,406 | 14,394 | - | - | 10,352 | 29,610 | 24,760 | -13,000 | - | - | ||
| 103,409 | 96,385 | 98,004 | 77,554 | 109,021 | 75,899 | 51,408 | 57,950 | 46,101 | 22,779 | ||
| 92.8% | 88.1% | 86.6% | 82.4% | 52.3% | 84.4% | 90.7% | 35.0% | 48.8% | 12.1% | ||
| 12.88 | 7.52 | 36.19 | 11.20 | 2.93 | 6.06 | 9.82 | 2.46 | 5.66 | 1.14 | ||
| 0.08 | 0.13 | 0.15 | 0.21 | 0.91 | 0.18 | 0.10 | 1.15 | 0.36 | 7.28 | ||
| 2.6% | 13.7% | 4.2% | 1.6% | 9.2% | 30.2% | 24.3% | 19.9% | 15.7% | 46.5% | ||
| 2.4% | 12.1% | 3.6% | 1.3% | 4.8% | 25.5% | 22.0% | 7.0% | 7.7% | 5.6% | ||
| 5.27 | 11.36 | 12.90 | 12.98 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €9,000 | - | €20,697 | - |
| €4,139 | €4,139 | €7,463 | €816 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 64% lower than in 2024.
Debt's share of the balance-sheet total falls from 11.9% to 7.2%. Equity is higher and debt is lower.
DAGHAN EXPRESS has no parent and no holdings in its annual accounts. is the only director. DAGHAN EXPRESS shares no director with another company.
| Daghan, Metin (sole trader)
establishment since 09-07-2026 |
founded in 2026 1040.020.835 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Wilhelmina Druckerstraat 8 registered office 9041 Ghent | ||
| Spitaalpoortstraat 18 9000 Ghent | 01-01-2019 | 2.289.515.249 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44051B1680/00S002 | 214 m² | 1 · 114 m² | 0.9 m |
| 44807G0884/00D004 | 139 m² | 1 · 90 m² | 12.3 m · 3 |
If something looks wrong or is missing, please tell us.