Turnover
The accounts state no turnover.
In July 2024, 3,445 companies had the same profile as DELIVER-E has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,445 companies, not a prediction for DELIVER-E. 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 | ||||
|---|---|---|---|---|
| DELIVER-E Namur | €1.3m | €0.9m | 35.0% | 9.8 |
| GEERT DEBAETSELIER Rotselaar | €1.3m | €0.8m | 38.5% | 10 |
| ART-Ics Ottignies-Louvain-la-Neuve | €1.2m | €0.9m | 90.4% | 8.9 |
| Transports Meys & Fils Tournai | €1.4m | €1.1m | 26.9% | 10.8 |
| MEANN Harelbeke | €1.3m | €1.1m | 32.5% | 12 |
| BOERMAN Tessenderlo-Ham | €1.2m | €1.1m | -47.6% | 11.9 |
| ARICOT Namur | €1.4m | €1.1m | 54.5% | 12 |
These companies have the same main activity as DELIVER-E: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €1.2m and €1.4m, founded between 2016 and 2018.
DELIVER-E has existed since 2017. The present size dates from 2021. The gross margin rose that year from €57,331 to €298,125.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.9m. Estimated: probably between €1.5m and €2.8m.
Higher than 49% of 604 companies in 2025.
Higher than 32% of 598 companies in 2025.
Higher than 25% of 602 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 11 people joined and 10 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.3m | 1.2m | 1.2m | 1.3m | 1.3m | 801,559 | 725,701 | 637,687 | |
21/28 |
660,059 | 633,193 | 537,348 | 624,018 | 713,164 | 709,778 | 708,900 | 621,500 | |
21 |
356,688 | 418,993 | 491,439 | 563,884 | 636,813 | - | - | - | |
22/27 |
298,005 | 206,650 | 38,360 | 52,585 | 68,802 | 878 | - | - | |
22 |
11,317 | 19,789 | 28,484 | 37,178 | 45,873 | - | - | - | |
24 |
26,058 | 9,695 | 9,877 | 15,407 | 22,929 | 878 | - | - | |
25 |
243,407 | 177,166 | - | - | - | - | - | - | |
26 |
17,223 | - | - | - | - | - | - | - | |
28 |
5,365 | 7,549 | 7,549 | 7,549 | 7,549 | 708,900 | 708,900 | 621,500 | |
29/58 |
655,379 | 593,447 | 619,244 | 714,279 | 623,021 | 91,781 | 16,801 | 16,187 | |
29 |
161,742 | 161,742 | 161,742 | 161,742 | 175,815 | - | - | - | |
291 |
161,742 | 161,742 | 161,742 | 161,742 | 175,815 | - | - | - | |
40/41 |
372,128 | 332,715 | 304,038 | 344,823 | 314,258 | 68,860 | 5,510 | 8,143 | |
40 |
370,548 | 330,311 | 294,005 | 343,754 | 313,189 | 68,860 | 5,510 | 8,143 | |
41 |
1,580 | 2,404 | 10,033 | 1,070 | 1,070 | - | - | - | |
54/58 |
94,771 | 89,982 | 149,230 | 197,930 | 114,931 | 21,847 | 10,251 | 8,044 | |
490/1 |
26,739 | 9,008 | 4,234 | 9,784 | 18,017 | 1,074 | 1,040 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.3m | 1.2m | 1.2m | 1.3m | 1.3m | 801,559 | 725,701 | 637,687 | |
10/15 |
460,864 | 466,687 | 448,157 | 456,067 | 407,790 | 407,790 | 368,862 | 362,214 | |
10/11 |
344,000 | 344,000 | 344,000 | 344,000 | 344,000 | 344,000 | 344,000 | 344,000 | |
100 |
- | - | - | - | - | - | 344,000 | 344,000 | |
13 |
1,243 | 1,243 | 1,243 | 1,243 | 1,243 | 1,243 | 1,243 | 911 | |
130/1 |
1,243 | 1,243 | 1,243 | 1,243 | 1,243 | 1,243 | - | - | |
130 |
- | - | - | - | - | - | 1,243 | 911 | |
1311 |
1,243 | 1,243 | 1,243 | 1,243 | 1,243 | 1,243 | - | - | |
14 |
115,620 | 121,444 | 102,914 | 110,824 | 62,547 | 62,547 | 23,619 | 17,303 | |
17/49 |
854,574 | 759,953 | 708,435 | 882,230 | 928,395 | 393,769 | 356,839 | 275,473 | |
17 |
195,678 | 134,244 | 15,176 | 60,797 | 130,035 | 109,421 | 127,571 | 163,069 | |
170/4 |
195,678 | 134,244 | 15,176 | 60,797 | 130,035 | 109,421 | 127,571 | 163,069 | |
42/48 |
652,862 | 623,544 | 691,593 | 820,330 | 795,400 | 278,311 | 225,928 | 112,404 | |
42 |
81,967 | 89,490 | 97,700 | 70,020 | 98,360 | 35,915 | 35,495 | 37,655 | |
43 |
222,814 | 185,000 | 165,000 | 187,406 | 189,131 | - | - | - | |
430/8 |
222,814 | 185,000 | 165,000 | 187,406 | 189,131 | - | - | - | |
44 |
169,718 | 136,144 | 210,340 | 325,827 | 307,322 | 65,636 | 7,549 | 12,044 | |
440/4 |
169,718 | 136,144 | 210,340 | 325,827 | 307,322 | 65,636 | 7,549 | 12,044 | |
45 |
143,882 | 167,551 | 179,439 | 183,545 | 165,279 | 21,885 | 11,188 | 13,105 | |
450/3 |
70,548 | 91,274 | 110,535 | 120,729 | 85,872 | 21,885 | 11,188 | 13,105 | |
454/9 |
73,334 | 76,276 | 68,904 | 62,816 | 79,406 | - | - | - | |
47/48 |
34,482 | 45,359 | 39,113 | 53,532 | 35,308 | 154,875 | 171,696 | 49,599 | |
492/3 |
6,034 | 2,165 | 1,666 | 1,104 | 2,960 | 6,037 | 3,339 | - | |
| Income statement | |||||||||
76A |
- | - | - | - | - | 0 | 484 | - | |
9900 |
870,476 | 827,298 | 640,447 | 677,764 | 298,125 | 57,331 | 74,058 | 135,344 | |
62 |
601,541 | 534,414 | 453,152 | 401,095 | 218,501 | - | - | - | |
630 |
132,010 | 110,703 | 89,686 | 90,196 | 47,017 | 47 | - | - | |
631/4 |
4,851 | 0 | 3,237 | 7,448 | -247 | - | - | - | |
640/8 |
31,539 | 20,734 | 10,404 | 13,941 | 8,863 | 504 | 574 | 831 | |
9901 |
100,536 | 161,446 | 83,968 | 165,085 | 23,990 | 56,780 | 73,485 | 134,513 | |
75/76B |
3,155 | 5,877 | 13,486 | 14,519 | 9,489 | 2 | 1 | - | |
75 |
3,155 | 5,877 | 13,486 | 14,519 | 9,489 | 2 | 1 | - | |
65/66B |
88,197 | 90,913 | 75,692 | 26,625 | 13,755 | 8,391 | 62,088 | 105,582 | |
65 |
88,197 | 90,913 | 75,692 | 26,625 | 13,755 | 8,391 | 62,088 | 105,582 | |
9903 |
15,494 | 76,410 | 21,763 | 152,978 | 19,724 | 48,390 | 11,398 | 28,931 | |
67/77 |
21,317 | 37,881 | 19,673 | 56,701 | 10,948 | 9,463 | 4,749 | 10,717 | |
9904 |
-5,823 | 38,530 | 2,090 | 96,278 | 8,777 | 38,928 | 6,648 | 18,214 | |
9905 |
-5,823 | 38,530 | 2,090 | 96,278 | 8,777 | 38,928 | 6,648 | 18,214 | |
| Appropriation of the result | |||||||||
9906 |
115,620 | 141,444 | 112,914 | 158,824 | 71,323 | 62,547 | 23,951 | 18,214 | |
14P |
121,444 | 102,914 | 110,824 | 62,547 | 62,547 | - | - | - | |
691/2 |
- | - | - | - | - | 0 | 332 | 911 | |
6920 |
- | - | - | - | - | 0 | 332 | 911 | |
694/7 |
0 | 20,000 | 10,000 | 48,000 | 8,777 | - | - | - | |
694 |
0 | 20,000 | 10,000 | 48,000 | 8,777 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
9.8 | 7.8 | 7.8 | 7.9 | 8.7 | - | - | - | |
Hours worked1013 |
15,929 | 16,187 | 12,634 | 12,591 | 901 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 03-06-2026 | 2026-00134421 | |
| 31-12-2024 | full format | 27-08-2025 | 2025-00409769 | |
| 31-12-2023 | full format | 22-07-2024 | 2024-00267531 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00188425 | |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20278871 | |
| 31-12-2020 | full format | 05-08-2021 | 2021-45900346 | |
| 31-12-2019 | full format | 11-08-2020 | 2020-40300514 | |
| 31-12-2018 | micro format | 22-11-2019 | 2019-74200272 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 232,545 | 272,149 | 173,655 | 255,281 | 71,008 | 56,827 | - | - | ||
| 126,186 | 149,233 | 91,776 | 186,474 | 55,794 | 38,975 | - | - | ||
| 177,791 | 211,823 | 38,341 | 8,031 | 1.0m | 925 | 87,400 | 621,500 | ||
| 4,789 | -59,247 | -48,701 | 83,000 | 93,083 | 11,596 | 2,208 | - | ||
| 2,517 | -30,097 | -72,349 | -106,051 | -172,379 | -186,530 | -209,128 | -96,217 | ||
| 35.0% | 38.0% | 38.7% | 34.1% | 30.5% | 50.9% | 50.8% | 56.8% | ||
| 1.00 | 0.95 | 0.90 | 0.87 | 0.78 | 0.33 | 0.07 | 0.14 | ||
| 1.85 | 1.63 | 1.58 | 1.93 | 2.28 | 0.97 | 0.97 | 0.76 | ||
| -1.3% | 8.3% | 0.5% | 21.1% | 2.2% | 9.5% | 1.8% | 5.0% | ||
| -0.4% | 3.1% | 0.2% | 7.2% | 0.7% | 4.9% | 0.9% | 2.9% | ||
| 2.64 | 2.99 | 2.29 | 9.59 | 5.16 | - | - | - |
EBIT margin: not included in this filing.
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 11 | 10 | 9 | 9 |
| full-time | 9 | 8 | 8 | 7 | 7 |
| part-time | 1 | 3 | 2 | 2 | 2 |
| in full-time equivalents | 9.7 | 9.2 | 9.2 | 8.5 | 8.6 |
| 9.8 | 7.8 | 7.8 | 7.9 | 8.7 | |
| On a permanent contract | 10 | 9 | 8 | 8 | 8 |
| Joined | 11 | 6 | 5 | 4 | 9 |
| Left | 10 | 5 | 4 | 4 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €177,791 | €211,823 | €38,341 | €8,031 | €308,181 |
| Intangible fixed assets | - | - | - | - | €699,936 |
| Financial fixed assets | - | - | - | - | €7,549 |
| €132,010 | €110,703 | €89,686 | €90,196 | €47,017 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 38% lower than in 2024.
Debt's share of the balance-sheet total rises from 62.0% to 65.0%. Equity is lower and debt is higher.
Source: list of holdings in its own 2020 accounts. Every holding stands with its own latest accounts.
DELIVER-E or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
The network lets you explore the ties of DELIVER-E.
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
On 20 June 2017, DELIVER-E was incorporated by one natural person, with a starting capital of €344,000.12 In 2020 the registered office moved to Wépion.3 DELIVER-E was merged into the company in 2021.4 has served as director since 2021.5 Total assets went from €1.3m in 2021 to €1.3m in 2025 and headcount from 8.7 to 9.8 full-time equivalents.6
| Establishment | Since | Unit number |
|---|---|---|
| Route de Saint-Gérard 289 registered office 5100 Namur | ||
| Rue des Phlox 9 5100 Namur 52250 Logistics services | 20-06-2017 | 2.265.257.727 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92135H0104/00K000 | 598 m² | 1 · 138 m² | 8.5 m · 2 |
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