DELOTAV
ActiveSummary
DELOTAV has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €222,350 and a net result of €61,761. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 6719 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability95▼-5
Solvency100▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 4.23 against 1.34 in 2023; short-term debt: 23.2% and cash: 90.6% of total assets), and 23.2% 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €222,350
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
2 d early
2022
31 d early
2021
31 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 22 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€222,350▲ 38.5%
2023 · €160,589
Total assets
€289,418▼ 13.0%
2023 · €332,798
Net result
€61,761▼ 25.0%
2023 · €82,359
Working capital
€216,328▲ 265%
2023 · €59,347
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€87,373€3,554€61,330▲ 1,626%€108,131▲ 76.3%€96,973▼ 10.3%
Net result-€115,678below the sector's middle half-€25,119below the sector's middle half▲ 78.3%€32,513within the sector's middle half€82,359above the sector's middle half▲ 153%€61,761above the sector's middle half▼ 25.0%
Equity€70,836below the sector's middle half▼ 62.0%€45,716below the sector's middle half▼ 35.5%€78,230below the sector's middle half▲ 71.1%€160,589above the sector's middle half▲ 105%€222,350above the sector's middle half▲ 38.5%
Total assets€702,092within the sector's middle half▼ 17.3%€331,539below the sector's middle half▼ 52.8%€263,360below the sector's middle half▼ 20.6%€332,798above the sector's middle half▲ 26.4%€289,418above the sector's middle half▼ 13.0%
Debt€631,256▼ 4.7%€285,822▼ 54.7%€185,131▼ 35.2%€172,209▼ 7.0%€67,067▼ 61.1%
Working capital-€248,524below the sector's middle half▼ 18.1%-€145,319below the sector's middle half▲ 41.5%-€96,966below the sector's middle half▲ 33.3%€59,347above the sector's middle half€216,328above the sector's middle half▲ 265%
Solvency10.1%below the sector's middle half▼ 11.9pp13.8%below the sector's middle half▲ 3.7pp29.7%within the sector's middle half▲ 15.9pp48.3%within the sector's middle half▲ 18.5pp76.8%above the sector's middle half▲ 28.6pp
Current ratio0.40below the sector's middle half▼ 0.010.37below the sector's middle half▼ 0.030.48below the sector's middle half▲ 0.111.34within the sector's middle half▲ 0.874.23above the sector's middle half▲ 2.88
Return on assets (ROA)-16.5%below the sector's middle half▼ 21.1pp-7.6%below the sector's middle half▲ 8.9pp12.3%above the sector's middle half▲ 19.9pp24.7%above the sector's middle half▲ 12.4pp21.3%above the sector's middle half▼ 3.4pp
Staff (FTE)5.2within the sector's middle half▼ 31.6%4.5below the sector's middle half▼ 13.5%3.2below the sector's middle half▼ 28.9%2.4▼ 25.0%1.3▼ 45.8%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €289,418
Fixed assets
€6,022 ▼ 94.1%
Current assets
€283,395 ▲ 22.4%
Equity and liabilities €289,418
Equity
€222,350 ▲ 38.5%
Debt
€67,067 ▼ 61.1%
Debt's share of the balance-sheet total falls from 51.7% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113,108▼
2023 · €154,379
Cash flow
€77,897▼
2023 · €128,608
Quick ratio
4.20▲
2023 · 1.27
Debt to equity
0.30▼
2023 · 1.07
ROE
27.8%▼
2023 · 51.3%
Interest coverage
7.28▼
2023 · 8.38
Debt ≤ 1 year
€67,067▼
2023 · €172,209
Income taxes
€20,961▲
2023 · €8,236
Staff costs
€79,781▼
2023 · €119,948
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% 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
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,370 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €43,549 | €20,243 | €136,154 | €77,342 | ▼ 43.2% |
| Remuneration, social security and pensions62 | - | €225,262 | €160,534 | €119,948 | €79,781 | ▼ 33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €176,420 | €100,447 | €75,996 | €46,248 | €16,136 | ▼ 65.1% |
| Other operating charges640/8 | - | €10,763 | €5,556 | €2,908 | €5,749 | ▲ 97.7% |
| Non-recurring operating charges66A | - | €31,791 | - | - | €17,165 | - |
| Gross operating margin9900 | €317,897 | €371,817 | €303,416 | €277,235 | €215,804 | ▼ 22.2% |
| Operating profit (loss)9901 | -€87,373 | €3,554 | €61,330 | €108,131 | €96,973 | ▼ 10.3% |
| Financial income75/76B | - | €439 | €1 | €877 | €1,280 | ▲ 45.9% |
| Recurring financial income75 | €112 | €439 | €1 | €877 | €1,280 | ▲ 45.9% |
| Financial charges65/66B | - | €29,112 | €27,265 | €18,413 | €15,531 | ▼ 15.7% |
| Recurring financial charges65 | €28,418 | €29,112 | €27,265 | €18,413 | €15,531 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | -€115,678 | -€25,119 | €34,066 | €90,595 | €82,722 | ▼ 8.7% |
| Income taxes67/77 | - | - | €1,553 | €8,236 | €20,961 | ▲ 155% |
| Profit (loss) for the period9904 | -€115,678 | -€25,119 | €32,513 | €82,359 | €61,761 | ▼ 25.0% |
| Profit (loss) for the period to be appropriated9905 | -€115,678 | -€25,119 | €32,513 | €82,359 | €61,761 | ▼ 25.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €702,092 | €331,539 | €263,360 | €332,798 | €289,418 | ▼ 13.0% |
| Fixed assets21/28 | €536,072 | €245,983 | €175,195 | €101,242 | €6,022 | ▼ 94.1% |
| Intangible fixed assets21 | €3,150 | €2,700 | €2,250 | €1,800 | €1,350 | ▼ 25.0% |
| Tangible fixed assets22/27 | €532,922 | €243,283 | €172,945 | €99,442 | €4,672 | ▼ 95.3% |
| Land and buildings22 | - | €3,045 | €1,581 | €218 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €8,559 | €9,774 | €6,392 | €1,744 | ▼ 72.7% |
| Furniture and vehicles24 | - | €17,129 | €9,329 | €6,129 | €2,929 | ▼ 52.2% |
| Leasing and similar rights25 | - | €214,549 | €152,262 | €86,703 | €0 | ▼ 100% |
| Current assets29/58 | €166,020 | €85,556 | €88,165 | €231,557 | €283,395 | ▲ 22.4% |
| Stocks and contracts in progress3 | €15,375 | €15,809 | €17,239 | €12,523 | €1,903 | ▼ 84.8% |
| Stocks30/36 | - | €15,809 | €17,239 | €12,523 | €1,903 | ▼ 84.8% |
| Amounts receivable within one year40/41 | €80,928 | €33,679 | €33,349 | €14,871 | €16,893 | ▲ 13.6% |
| Trade receivables40 | - | €33,679 | €32,573 | €14,353 | €8,085 | ▼ 43.7% |
| Other amounts receivable41 | - | - | €777 | €518 | €8,808 | ▲ 1,600% |
| Cash at bank and in hand54/58 | €56,936 | €29,602 | €31,797 | €200,478 | €262,263 | ▲ 30.8% |
| Deferred charges and accrued income490/1 | - | €6,466 | €5,780 | €3,685 | €2,336 | ▼ 36.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €702,092 | €331,539 | €263,360 | €332,798 | €289,418 | ▼ 13.0% |
| Equity10/15 | €70,836 | €45,716 | €78,230 | €160,589 | €222,350 | ▲ 38.5% |
| Contributions10/11 | - | €57,000 | €57,000 | €57,000 | €57,000 | = |
| Reserves13 | €13,836 | €5,700 | €21,230 | €103,589 | €165,350 | ▲ 59.6% |
| Non-distributable reserves130/1 | - | €5,700 | €5,700 | €5,700 | €5,700 | = |
| Reserves not available under the articles1311 | - | €5,700 | €5,700 | €5,700 | €5,700 | = |
| Distributable reserves133 | - | - | €15,530 | €97,889 | €159,650 | ▲ 63.1% |
| Profit (loss) carried forward14 | - | -€16,984 | - | - | - | - |
| Amounts payable17/49 | €631,256 | €285,822 | €185,131 | €172,209 | €67,067 | ▼ 61.1% |
| Amounts payable after more than one year17 | €216,712 | €54,947 | - | - | - | - |
| Financial debts170/4 | - | €54,947 | - | - | - | - |
| Amounts payable within one year42/48 | €414,544 | €230,875 | €185,131 | €172,209 | €67,067 | ▼ 61.1% |
| Current portion of amounts payable after more than one year42 | - | €86,319 | €53,173 | €0 | - | - |
| Financial debts43 | - | €6,140 | €6,207 | €71,739 | €4,101 | ▼ 94.3% |
| Credit institutions430/8 | - | €6,140 | €6,207 | €71,739 | €4,101 | ▼ 94.3% |
| Trade debts44 | €126,454 | €61,509 | €62,275 | €20,520 | €4,585 | ▼ 77.7% |
| Suppliers440/4 | - | €61,509 | €62,275 | €20,520 | €4,585 | ▼ 77.7% |
| Taxes, remuneration and social security45 | - | €48,112 | €36,011 | €38,002 | €37,968 | ▼ 0.1% |
| Taxes450/3 | - | €29,682 | €20,435 | €26,524 | €31,535 | ▲ 18.9% |
| Remuneration and social security454/9 | - | €18,430 | €15,576 | €11,478 | €6,433 | ▼ 44.0% |
| Other amounts payable47/48 | - | €28,795 | €27,465 | €41,948 | €20,414 | ▼ 51.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€115,678 | -€25,119 | €32,513 | €82,359 | €61,761 | ▼ 25.0% |
| + Depreciation and write-downs630 | €176,420 | €100,447 | €75,996 | €46,248 | €16,136 | ▼ 65.1% |
| Operating cash flow (approximation) | €60,741 | €75,328 | €108,509 | €128,608 | €77,897 | ▼ 39.4% |
| Investment in fixed assets (approximation) | - | €189,642 | -€5,209 | €27,706 | €79,083 | ▲ 185% |
| Change in cash | - | -€27,334 | €2,195 | €168,681 | €61,785 | ▼ 63.4% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 4.23
Current ratio from 1.34 to 4.23; short-term debt falls from €172,209 to €67,067.
31-12
Financial
Equity above €200,000Eq €222,350 ▲38.5%
3 profitable years in a row build equity to €222,350.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €82,359 ▲153%
Operating result €108,131, net result €82,359, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.34
Current ratio from 0.48 to 1.34; short-term debt falls from €185,131 to €172,209.
31-12
Financial
Equity above €150,000Eq €160,589 ▲105%
2 profitable years in a row build equity to €160,589.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €32,513
Net result €32,513 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€115,678
Net result drops to -€115,678, the lowest in the series; recovery starts the following year.
Show earlier events
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150,000Eq €186,514 ▲26.4%
2 profitable years in a row build equity to €186,514.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2000
Ground area
5,217 m²
Building footprint
345 m²
Volume, LiDAR
1,168 m³
Parcel 37019E0554/00E000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DELOTAV
since 20002.099.896.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019E0554/00E000 | Flanders | 5,217 m² | 1 · 345 m² | 6.6 m · 1 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
2024 · 1 entry · 124 EUR awarded · 124 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 124 EUR | 124 EUR |
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VAN BETSBRUGGE LUC
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,203. 6,118 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 (pre-2019)
Founded22-05-2000
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471909849
Also
9925:BE0471909849
Registered
21-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.