DELCOTRANS
ActiveSummary
DELCOTRANS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296,075 and a net result of €40,322. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 4695 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+17
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 8.84 against 3.54 in 2024; short-term debt: 6.1% and cash: 52% of total assets), and 6.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.9%
Return on assets
12.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
22 d late
2023
27 d early
2022
42 d early
2021
32 d early
2020
31 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€296,075▲ 15.8%
2024 · €255,753
Total assets
€315,395▲ 10.6%
2024 · €285,289
Net result
€40,322
2024 · -€962
Working capital
€151,532▲ 102%
2024 · €75,146
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€85,721▲ 580%-€4,165-€38,698▼ 829%-€7,008▲ 81.9%€47,591
Net result€59,845-€5,576-€39,660▼ 611%-€962▲ 97.6%€40,322
Equity€479,951▲ 14.2%€474,375▼ 1.2%€434,715▼ 8.4%€255,753▼ 41.2%€296,075▲ 15.8%
Total assets€540,978▼ 22.3%€509,530▼ 5.8%€453,023▼ 11.1%€285,289▼ 37.0%€315,395▲ 10.6%
Debt€61,027▼ 77.9%€35,156▼ 42.4%€18,308▼ 47.9%€29,536▲ 61.3%€19,320▼ 34.6%
Working capital€249,797▲ 123%€270,761▲ 8.4%€253,926▼ 6.2%€75,146▼ 70.4%€151,532▲ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €47,591 after a loss of €7,008 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,395
Fixed assets
€144,543 ▼ 20.0%
Current assets
€170,852 ▲ 63.2%
Equity and liabilities €315,395
Equity
€296,075 ▲ 15.8%
Debt
€19,320 ▼ 34.6%
Debt's share of the balance-sheet total falls from 10.4% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,739▲
2024 · €5,448
Cash flow
€52,470▲
2024 · €11,494
Current ratio
8.84▲
2024 · 3.54
Debt to equity
0.07▼
2024 · 0.12
ROE
13.6%▲
2024 · -0.4%
ROA
12.8%▲
2024 · -0.3%
Interest coverage
427.75▲
2024 · 15.24
Debt ≤ 1 year
€19,320▼
2024 · €29,536
Income taxes
€7,767▲
2024 · €651
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,154 | €29,868 | €29,846 | €12,456 | €12,148 | ▼ 2.5% |
| Other operating charges640/8 | €3,363 | €4,026 | €3,115 | €3,093 | €3,225 | ▲ 4.2% |
| Gross operating margin9900 | €118,238 | €29,728 | -€5,737 | €8,541 | €62,964 | ▲ 637% |
| Operating profit (loss)9901 | €85,721 | -€4,165 | -€38,698 | -€7,008 | €47,591 | ▲ 779% |
| Financial income75/76B | €11 | €9 | €139 | €7,055 | €637 | ▼ 91.0% |
| Recurring financial income75 | €11 | €9 | €139 | €7,055 | €637 | ▼ 91.0% |
| Financial charges65/66B | €1,393 | €644 | €474 | €358 | €140 | ▼ 60.9% |
| Recurring financial charges65 | €1,393 | €644 | €474 | €358 | €140 | ▼ 60.9% |
| Profit (loss) for the period before taxes9903 | €84,339 | -€4,799 | -€39,033 | -€311 | €48,089 | ▲ 15,574% |
| Income taxes67/77 | €24,494 | €777 | €627 | €651 | €7,767 | ▲ 1,093% |
| Profit (loss) for the period9904 | €59,845 | -€5,576 | -€39,660 | -€962 | €40,322 | ▲ 4,293% |
| Profit (loss) for the period to be appropriated9905 | €59,845 | -€5,576 | -€39,660 | -€962 | €40,322 | ▲ 4,293% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €540,978 | €509,530 | €453,023 | €285,289 | €315,395 | ▲ 10.6% |
| Fixed assets21/28 | €231,231 | €203,613 | €180,789 | €180,607 | €144,543 | ▼ 20.0% |
| Tangible fixed assets22/27 | €230,522 | €203,127 | €180,303 | €180,151 | €143,874 | ▼ 20.1% |
| Land and buildings22 | €143,933 | €143,692 | €143,450 | €143,450 | €119,321 | ▼ 16.8% |
| Plant, machinery and equipment23 | - | €1,552 | €1,189 | €4,671 | €3,348 | ▼ 28.3% |
| Furniture and vehicles24 | €86,588 | €57,884 | €35,664 | €32,030 | €21,206 | ▼ 33.8% |
| Financial fixed assets28 | €709 | €486 | €486 | €456 | €669 | ▲ 46.7% |
| Current assets29/58 | €309,747 | €305,917 | €272,234 | €104,682 | €170,852 | ▲ 63.2% |
| Stocks and contracts in progress3 | €1,950 | - | - | - | - | - |
| Stocks30/36 | €1,950 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €9,492 | €16,623 | €10,434 | €8,890 | €5,036 | ▼ 43.4% |
| Trade receivables40 | €9,492 | €16,350 | €8,241 | €7,385 | €4,000 | ▼ 45.8% |
| Other amounts receivable41 | - | €273 | €2,193 | €1,505 | €1,036 | ▼ 31.2% |
| Current investments50/53 | €100,000 | €100,000 | €100,000 | - | - | - |
| Cash at bank and in hand54/58 | €197,070 | €187,443 | €158,028 | €92,674 | €163,912 | ▲ 76.9% |
| Deferred charges and accrued income490/1 | €1,235 | €1,851 | €3,772 | €3,118 | €1,905 | ▼ 38.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €540,978 | €509,530 | €453,023 | €285,289 | €315,395 | ▲ 10.6% |
| Equity10/15 | €479,951 | €474,375 | €434,715 | €255,753 | €296,075 | ▲ 15.8% |
| Contributions10/11 | €340,000 | €340,000 | €340,000 | €162,000 | €162,000 | = |
| Reserves13 | €139,951 | €139,951 | €139,951 | €139,951 | €139,951 | = |
| Non-distributable reserves130/1 | €5,134 | €5,134 | - | - | - | - |
| Reserves not available under the articles1311 | €5,134 | €5,134 | - | - | - | - |
| Distributable reserves133 | €134,817 | €134,817 | €139,951 | €139,951 | €139,951 | = |
| Profit (loss) carried forward14 | - | -€5,576 | -€45,236 | -€46,198 | -€5,876 | ▲ 87.3% |
| Amounts payable17/49 | €61,027 | €35,156 | €18,308 | €29,536 | €19,320 | ▼ 34.6% |
| Amounts payable after more than one year17 | €1,077 | - | - | - | - | - |
| Financial debts170/4 | €1,077 | - | - | - | - | - |
| Amounts payable within one year42/48 | €59,950 | €35,156 | €18,308 | €29,536 | €19,320 | ▼ 34.6% |
| Current portion of amounts payable after more than one year42 | €12,804 | €1,077 | - | - | - | - |
| Trade debts44 | €6,007 | €3,961 | €2,570 | €19,662 | €6,527 | ▼ 66.8% |
| Suppliers440/4 | €6,007 | €3,961 | €2,570 | €19,662 | €6,527 | ▼ 66.8% |
| Taxes, remuneration and social security45 | €26,265 | €14,965 | €586 | €3,918 | €11,845 | ▲ 202% |
| Taxes450/3 | €23,900 | €14,965 | €586 | €3,918 | €11,845 | ▲ 202% |
| Remuneration and social security454/9 | €2,365 | - | - | - | - | - |
| Other amounts payable47/48 | €14,875 | €15,152 | €15,152 | €5,956 | €948 | ▼ 84.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,845 | -€5,576 | -€39,660 | -€962 | €40,322 | ▲ 4,293% |
| + Depreciation and write-downs630 | €29,154 | €29,868 | €29,846 | €12,456 | €12,148 | ▼ 2.5% |
| Operating cash flow (approximation) | €88,999 | €24,291 | -€9,814 | €11,494 | €52,470 | ▲ 356% |
| Investment in fixed assets (approximation) | - | -€2,250 | -€7,022 | -€12,275 | €23,916 | ▲ 295% |
| Change in cash | - | -€9,626 | -€29,416 | -€65,354 | €71,238 | ▲ 209% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €40,322
Net result €40,322 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 8.84
Current ratio from 3.54 to 8.84; short-term debt falls from €29,536 to €19,320.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€39,660
Net result drops to -€39,660, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €59,845
Net result €59,845 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.17
Current ratio from 1.43 to 5.17; short-term debt falls from €263,055 to €59,950.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 1993
Ground area
1,239 m²
Building footprint
208 m²
Volume, LiDAR
1,465 m³
Parcel 23091A0333/00N000, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELCOTRANS
since 19932.062.101.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091A0333/00N000 | Flanders | 1,238 m² | 1 · 208 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 136 EUR awarded · 136 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 40 EUR | 40 EUR |
| 2024 | 1 | 34 EUR | 34 EUR |
| 2023 | 1 | 62 EUR | 62 EUR |
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LEMMENS LOGISTIEK
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,866 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449648547
Also
9925:BE0449648547
Registered
18-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.